The volume may sit within Mr. Gilboa’s newly observed pattern, but that presumes we ignore the broader picture. Previous sales have averaged about 85,000 shares-still a significant stake, but this particular sale clears nearly half his direct holdings. It signals not just liquidity but perhaps a subtle signal of his confidence in overextended valuation.
Ripple, the blockchain company that’s basically the Switzerland of digital money, has just managed to get a green light from Luxembourg’s financial watchdogs. This is a small miracle, considering Luxembourg’s bureaucracy is about as efficient as a leaky sieve. The CSSF (who are clearly the real heroes here) handed Ripple a preliminary EMI license, which means it can now inch closer to full regulatory compliance. Not that anyone asked for it, but hey, progress!
According to filings and public statements, the firm aims to use the charter to issue and manage a dollar-pegged stablecoin called USD1, which has grown quickly since launch-perhaps as swiftly as a goldfish with a jetpack. 🐠🚀
S&P Global Market Intelligence says it all: 11% down, folks. A number that makes you question if you’ve accidentally sold your kidney to a shadowy figure on the internet. And the chart? A Jackson Pollock painting if ever there was one. Up, down, sideways-Arm spent most of the year pretending it wasn’t worried about an AI bubble, which, honestly, is like ignoring the elephant in the room… while the elephant texts you passive-aggressive tweets.
The stock’s 28% gain over the past year isn’t just a fluke-it’s a calculated slap in the face to the industry’s outdated playbook. Analysts are now penciling in $69-$78 per share as a price target, which is generous considering the company’s current valuation is still low enough to qualify as “undervalued.” But let’s not get ahead of ourselves. The real story here isn’t the numbers-it’s the sheer audacity of choosing to ignore a market everyone else thought was a sure thing.
It is supposed to let traders lay wagers on digital assets and financial outcomes while employing the same capital across several pursuits, like a clever man who borrows from his own pockets to pay debts on multiple mischievous rides.
The journey, however, was not without its stumbles. As the chart below illustrates, the stock’s trajectory resembled a particularly spirited waltz, with a sharp dip from its October peak. Yet, even in its most dramatic pirouette, it retained enough élan to finish the year in the black.
The dream of U.S. oil companies repairing Venezuela’s “antiquated infrastructure” is a siren song. Thirty billion barrels of crude sleep beneath the earth, yet the machinery to extract them rusts in the sun, victims of Chávez’s nationalization and Maduro’s misrule. To revive this slumbering giant, fortunes must be spent-$100 billion to $200 billion over a decade, if one believes the analysts. It is the price of resurrecting a corpse, and the corpse may yet reject the lifeblood offered.
The San Francisco-based titan, whose very name makes compliance officers shiver with delight, has secured a preliminary Electronic Money Institution (EMI) license from Luxembourg’s CSSF-a feat akin to a mouse receiving a standing ovation in a hall of lions. 🐭🦁️
As the political stage is set, Bitchat has soared in popularity, with locals embracing this encrypted messaging wonder powered by Bluetooth mesh networks. Who knew communication could be so avant-garde?