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.
- NVIDIA Corp (NASDAQ:NVDA) Jensen Huang expresses conviction regarding regulatory approval for the SoftBank Group Corp’s (OTC:SFTBY) (OTC:SFTBF) Arm Ltd acquisition in a deal valued at $40 billion, despite headwinds from Chinese regulators and the U.K. Chinese technology companies, including Huawei Technologies Co, Bloomberg reports.
- Huang expects China’s and other country’s approval by 2021 or 2022, akin to a previous acquisition that took 18 months to consummate.
- Meanwhile, Arm’s Chinese unit is amid a legal tussle as its CEO has protested termination by SoftBank.
- Arm designs the processors and architecture for mobile electronics devices, including Apple Inc’s (NASDAQ:AAPL) in-house M1 chips and Samsung Electronics Co Ltd’s (OTC:SSNLF) Exynos silicon.
- Nvidia has to pay $2 billion to SoftBank irrespective of the deal’s success.
- Price action: NVDA shares closed higher by 0.12% at $650.58 on Tuesday.
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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