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Meta continues to lose billions of dollars developing the virtual reality and augmented reality technologies needed to underpin the nascent metaverse. The social media giant reported fourth-quarter earnings Wednesday and said its Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales. Analysts were projecting that unit to…
Orbex is a startup that develops both small and medium-sized space rockets. The firm uses a renewable form of propane known as bio-propane to fuel its rockets. Michal Wachucik | AFP via Getty Images The U.K. government announced Wednesday a £20 million ($24.8 million) investment in Orbex, a Scottish spaceflight startup aiming to rival Elon…
According to CoinMarketCap, Bitcoin’s price fell by an estimated 7.3% over the last seven days — faring better than most altcoins. Source link
U.S. President-elect Donald Trump and Bitcoin. Cryptocurrencies tumbled on Sunday in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs. The price of bitcoin was last lower by 7% at $93,768.66, according to Coin Metrics. The CoinDesk 20 index, which measures the largest 20 digital assets by market cap,…
At its peak, DOGSHIT2 had a market cap of over $23 million, although it has since fallen to around $2.4 million.
President Donald Trump’s tariffs against China, Canada and Mexico target a trade provision that helped fuel the explosive growth of budget online retailers, including Temu and Shein. Trump on Saturday signed executive orders imposing tariffs on the country’s top three trading partners. Goods imported from Canada and Mexico will be slapped with a 25%…
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial…
Over 730,000 traders faced liquidations as Ether led the market plunge. Analysts compared the impact with the FTX collapse and COVID-19 crash. Source lihttps://youtu.be/ygjwQ_gK7MA?si=TPbmQMSxcB-mj_IRnk
Bitcoin (BTC) “Kimchi Premium,” i.e., the price gap between the spot BTC price on South Korean exchanges and Binance’s BTC/USDT pair, has jumped to levels unseen since early 2022. Surprisingly, Korean buyers might have nothing to do with this, the CryptoQuant CEO explains. Bitcoin (BTC) Kimchi Premium hits 12%: CryptoQuant CEO shares reason Bitcoin Kimchi…
Financial technology unicorn GoCardless more than halved losses in 2024 and said it’s aiming to reach full-year profitability by 2026. The London-based startup, which helps businesses collect recurring payments such as subscriptions, reported a net loss of £35.1 million ($43.8 million) in the full year ending June 30, 2024. That was a 55% improvement…
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