The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. Its market value was $1.2 trillion at the end of 2023. Meanwhile, Apple continued to lead global companies in market value, nearing a historic $4 trillion valuation.
MicroStrategy's Bullish Call Skew Disappears in Cautious Market Sentiment
The record bullish skew in options on the company seen as a leveraged play on bitcoin has vanished as the BTC tailwind driven by the Treasury asset narrative loses momentum.
XRP Rockets 11% as Bitcoin Starts New Year With Bullish Bang
South Korean trading volumes supported an outperformance in XRP, as a CoinDesk analysis noted earlier this week.
Turkey Inflation Likely Missed Central Bank Target For End-2024
(Bloomberg) -- Turkey’s annual inflation in December likely eased less than the central bank projected, just as policymakers have started to set the stage for a more accommodative stance in the new year.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Sub
Bitcoin-Leveraged Play MicroStrategy's Bullish Call Skew Disappears in Cautious Market Sentiment
The record bullish skew in MSTR options has disappeared as the bitcoin tailwind driven by the Treasury asset narrative loses momentum.
Garanti BBVA’s to Provide Crypto Trading Services in Hint of Things to Come
European banks will soon be offering crypto services to their customers in the EU, according to Spanish crypto exchange Bit2Me.
Ample supply, slow demand to temper oil price gains in 2025
(Reuters) -Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are expected to cast a shadow on OPEC+-led efforts to shore up the market, a Reuters monthly poll showed on Tuesday. The survey of 31 economists and analysts predicted that Brent crude would average $74.33 per barrel in 2025, down from a forecast of $74.53 in November, marking an eighth straight downward revision. The global benchmark Brent crude has averaged around $80 a barrel so far this year and was poised for a 3% yearly decline on weakening demand stemming from top importer China.