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.
- The U.S. International Trade Commission decided to investigate Samsung Electronics Co, Ltd (OTC:SSNLF) and Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM) for alleged violations in the import and sale of specific semiconductor devices, mobile devices, and components that infringe patents.
- The regulators will also investigate Qualcomm Inc (NASDAQ:QCOM), Reuters reported.
- Also Read: China's Semiconductor Industry 'Decapitated Overnight': What 'Annihilation Looks Like'
- Shares in top Chinese chipmakers shed $7.7 billion in market value on October 10, as new U.S export controls restricted the sale of semiconductors made with U.S. technology without a valid export license.
- The controls also barred U.S. citizens or entities from working with Chinese chipmakers without explicit approval and limited the export of manufacturing tools.
- Samsung bagged a one-year immunity from the new U.S. embargo on exports of advanced chips and related equipment to China.
- Price Action: TSM shares traded higher by 1.50% at $64.89 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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