To The Moon

Bitcoin took some 15 years from creation to eclipse $100,000. Along the way, the digital currency experienced feverish rallies and spectacular crashes. Today, it is newly ascendant in Washington and a $2 trillion asset. Yet some of Wall Street's biggest luminaries still aren't convinced of its value.The world's largest cryptocurrency has been buoyed by hopes that the digital-assets industry will bloom under a second Donald Trump administration. Investor enthusiasm over a coming crypto renaissance has lifted other tokens too, pushing the market cap of all cryptocurrencies toward $4 trillion.With prices rising and crypto companies flush with cash, some of the biggest banks and asset managers on Wall Street are trying to capitalize on the resurgence. Others continue to shun what they see as a speculative bubble. Here's how the views of some of the world's biggest investors have evolved over time:. "Of course, I wish I bought something that trades at 100 times the price it traded at a few

For more than a year after robotaxi company Cruise paused its self-driving ride hailing service, General Motors executives repeated the same talking points: Cruise robotaxis will be back on the streets soon; GM is still committed to Cruise.So it came as a surprise on Tuesday when General Motors so suddenly changed its tune—announcing that it would stop funding Cruise’s robotaxi service and would bring the startup’s technical employees in-house, where they’ll focus on self-driving technology for the autos GM sells directly to consumers.In a call with analysts, GM CEO Mary Barra cited the “time and expense” that would have been required to keep scaling the robotaxi business. She also cited increasing competition, even though Cruise really only has one major competitor these days—Alphabet’s Waymo, which offers its robotaxi service in Los Angeles, Phoenix, and San Francisco, and will soon debut in Miami, Austin, and Atlanta.

Nasdaq announces the annual reshuffling of the index on FridayFirm has mesmerized Wall Street with its crypto purchasesWith the token’s price reaching all-time highs recently, MicroStrategy now holds

Nasdaq announces the annual reshuffling of the index on FridayFirm has mesmerized Wall Street with its crypto purchasesWith the token’s price reaching all-time highs recently, MicroStrategy now holds

KEY POINTSGoogle's newly unveiled quantum Willow chip turns heads in the tech world.An expert says the technology is still far away from breaking through Bitcoin's encryption.Alphabet Inc‘s new “Willo

Bitcoin Tops $101,000 on Monday. Several key players in President-elect Donald Trump's new cryptocurrency venture head to Abu Dhabi on Monday for the largest bitcoin gathering in the Gulf region as th

BEIJING, Dec 3 - The Internet Society of China urged domestic companies on Tuesday to carefully consider the procurement of U.S. chips and seek to expand cooperation with chip firms from other countries and regions, according to its official WeChat account.The ISC also encouraged domestic firms to "proactively" use chips produced by both domestic and foreign-invested enterprises in China, a statement showed.U.S. chip export controls have caused "substantial harm" to the healthy and stable deve

BEIJING, Dec 3 - The Internet Society of China urged domestic companies on Tuesday to carefully consider the procurement of U.S. chips and seek to expand cooperation with chip firms from other countries and regions, according to its official WeChat account.The ISC also encouraged domestic firms to "proactively" use chips produced by both domestic and foreign-invested enterprises in China, a statement showed.U.S. chip export controls have caused "substantial harm" to the healthy and stable deve