UBS earnings Q4 2024

UBS earnings Q4 2024

UBS shares lost ground after the lender’s fourth-quarter results and up to $3 billion share buyback plans failed to impress. Switzerland’s largest bank on Tuesday reported net profit attributable to shareholders of $770 million, compared with a $483 million estimate in a company-provided consensus estimate and with a mean forecast of $886.4 million in a…

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Trump names Treasury’s Bessent acting head; Chopra confirms exit

Trump names Treasury’s Bessent acting head; Chopra confirms exit

Republican presidential nominee former President Donald Trump, left, listens as investor Scott Bessent speaks on the economy in Asheville, N.C., Wednesday, Aug. 14, 2024. Matt Kelley | AP President Donald Trump appointed Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection Bureau, Bessent announced Monday in a CFPB statement. Former Director Rohit…

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The Cowboy Is Off The Reservation

The Cowboy Is Off The Reservation

I just sat down and watched this debate between Jimmy Song and Jameson Lopp on Bitcoin ossification. I don’t even know where to start as far as the absurdity and broken “logic” in every argument Jimmy made in this debate. So I won’t try, I will focus on one specific line of argumentation he made….

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Has The Bitcoin Price Already Peaked?

Has The Bitcoin Price Already Peaked?

Bitcoin’s price movements have always been a subject of debate among investors and analysts. With recent market retracements, many are questioning whether Bitcoin has already reached its peak in this bull cycle. This article examines the data and on-chain metrics to assess Bitcoin’s market position and potential future movements. For an in-depth complete analysis, refer…

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Power Play: How Bitcoin's Institutionalization is Reshaping Its Future

Power Play: How Bitcoin's Institutionalization is Reshaping Its Future

This election cycle saw a sharp increase in political spending from cryptocurrency companies, positioning the industry to influence U.S. politics. Already several states have begun exploring the creation of strategic Bitcoin reserves. As Bitcoin becomes more institutionalized, its adoption by state treasuries is seen as a victory for the crypto sector. However, this trend raises…

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