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.
- Melco Resorts & Entertainment Ltd (NASDAQ:MLCO) is planning to relocate its headquarters to Macau in order to avoid being delisted in the U.S., the Financial Times reported.
- The U.S. Securities and Exchange Commission had said about 200 Chinese and Hong Kong corporations listed in New York will be made to delist in 2024 if they fail to comply with audit disclosure legal guidelines.
- Melco is a $2.5 billion online casino group run by Hong Kong online casino mogul Lawrence Ho.
- The Holding Foreign Companies Accountable Act in 2020 empowers the regulators to prohibit overseas corporations from being traded within the U.S. if the audit watchdog is unable to examine audits for three consecutive years.
- It is to be noted that China has prevented its businesses and auditors from disclosing audit particulars to overseas regulators.
- Price Action: MLCO shares closed lower by 0.97% at $5.10 on Monday.
- Photo Via Company
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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