Blockchain is a decentralized digital ledger that records transactions instantly and simultaneously across the internet, ensuring transparency and security. It was originally developed for Bitcoin but now has applications ranging from financial services to supply chain management, and verification services. Blockchain Technology companies promise to increase transparency, reduce costs, eliminate intermediaries, and provide more secure record-keeping systems. As industries begin to adopt blockchain technology and cryptocurrencies, companies at the forefront of blockchain innovation are likely to gain and attract more investment.
Musk's xAI supercomputing will expand tenfold! 1 million GPUs are worth nvidia opening a branch.
1. Musk's xAI will expand its supercomputer Colossus in Memphis, increasing computational power tenfold; 2. nvidia, Dell, and super micro computer are reportedly also setting up in Memphis to assist in the development of Colossus; 3. xAI has been established for just over a year, with a valuation reaching 45 billion dollars, its expansion speed has shocked the industry and is seen as a strong competitive advantage.
Coinbase Targets Southeast Asia Crypto Expansion By Supporting Development Of Baht, Peso Stablecoins: 'Literally The Same Money But Just Faster'
Double long MSTR's etf, recently encountered problems.
Building a dangerous building on a dangerous building: First of all, bitcoin itself is a high-volatility risky asset, MicroStrategy's stock price has a double premium on top of bitcoin, and leveraged ETFs further add high leverage and high growth... This has already exceeded the risk tolerance of some Wall Street institutions.
After bitcoin broke through $0.1 million, will MSTR be included in the Nasdaq? We will find out next week.
MSTR is expected to be included in the nasdaq 100 index, thus entering the world's largest etf: QQQ, which will significantly boost MSTR's stock price. However, some analysts have pointed out that although MSTR currently meets the inclusion criteria, its bitcoin acquisition strategy may make the nasdaq committee hesitate on whether it is a non-financial company. In any case, let's wait and see on December 13th.
Michael Saylor's Bitcoin Strategy Drives MicroStrategy's 490% Surge, Hedge Fund CIO Says It's An 'Extreme Example' Of Volatility Monetization
Express News | Bitcoin Continues Surge, Breaks $103,000 Barrier with Over 7% Gain in 24 Hours; US Crypto Spot ETFs Also Rally.