Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Jeep maker Stellantis NV (NYSE: STLA), Apple Inc’s (NASDAQ: AAPL) iPhone assembler Foxconn Technology Co Ltd (OTC: FXCOF), along with subsidiary FIH Mobile Ltd (OTC: FXCNF) (OTC: FXCNY), will announce a new strategic partnership on May 18, 2021, via the link.
- The new partnership may be focused on the collaboration on a smart cockpit or in-car digital services.
- Last year, Foxconn’s electric vehicle joint venture plans with Fiat Chrysler had to be shelved following Fiat’s merger with France’s Peugeot maker PSA to form Stellantis.
- Earlier this year, Fiat Chrysler had merged with PSA to relaunch in China, Reuters reports.
- Foxconn revealed its first EV chassis and a software platform in Oct. It also outlined plans to release a solid-state battery by 2024. The company also forged deals with Chinese EV startup Byton Ltd. and U.S.’s Fisker Inc (NYSE: FSR).
- Foxconn’s strong presence in China could provide a significant boost to Stellantis’s position.
- Price action: STLA shares traded higher by 0.33% at $18.21 in the premarket session on the last check Monday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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