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Crypto
March 7, 2024
BlockFi Customers Rejoice!
BlockFi’s customers might finally feature a financial comeback, thanks to a deal with FTX and Alameda Research. 😍
How much? Up to $874 million, contingent on court approval. This settlement could be the lifeline for customers left adrift after the 2022 crypto upheaval.
Uncategorized
March 8, 2024
Bitcoin Allocations Matched With Gold?
Will Bitcoin ever match the gold in investors’ portfolios? 🏅
JP Morgan ($JPM) thinks that for Bitcoin to rub shoulders and match the allocation of gold in investor portfolios, its market cap would need to skyrocket to $3.3 trillion.
Earnings
March 7, 2024
The Internet Of Things Grows Wings
While sentiment surges around crypto and artificial intelligence, it’s no surprise to see that hype around the “Internet of Things” company Samsara is also popping off. 🤩
The stock jumped to fresh all-time highs in the after-hours session following better-than-expected results. Its fourth-quarter revenues of $276.3 million topped estimates of $258.3 million, with its adjusted loss also narrower than anticipated. 💪