News list for "Third quarter"
The Kyrgyz Republic will launch the USDKG stablecoin in the third quarter of 2025, which is pegged 1:1 to the US dollar and backed by physical gold. The initial gold reserve is 300 million US dollars and plans to expand to 2 billion US dollars. The project is supported by the authorization of the Kyrgyz Ministry of Finance and is financed by purchasing gold from the national bank. USDKG uses an overcollateralized model to cope with gold price fluctuations, and holders can exchange physical gold,...
Citi predicts "third-quarter copper crash": Can the $8,800 line hold?
The data shows that Hyperliquid's market share in on-chain perpetual exchanges increased from 28% in the third quarter to over 50% in the fourth quarter.
Animoca Brands released its financial results for the second and third quarters of 2024. Its total revenue for the third quarter reached $69 million, an increase of 43.8% quarter-on-quarter and 165% year-on-year. Revenue was mainly derived from the contribution of digital asset consulting (DAA) of $25 million, Web3 operating business revenue of $39 million, and investment management revenue of $5 million. As of the end of September 2024, it held $248 million in cash and stablecoins, and $330 mil...
Data showed that the U.S. economy grew faster than expected in the third quarter, while jobless claims also fell more than expected. Bart Melek, head of commodity strategy at TD Securities, said the GDP data and jobless claims were quite solid, and solid economic and inflation risks once again proved that the Federal Reserve has little reason to be aggressive, which has traditionally been bad for gold.
JP Morgan Chase released the latest research report, based on the performance of the third quarter and the rise in bitcoin prices and computing power, and upgraded the ratings of several bitcoin mining companies. Among them, Cipher Mining and CleanSpark were upgraded from "neutral" to "overweight", with target prices of $8 and $17 respectively; MARA Holdings was upgraded from "underweight" to "neutral", with target prices raised from $12 to $23. Affected by this, Cipher rose more than 4% before ...
Japan's real GDP in the third quarter was revised at an annualized quarterly rate of 1.2%, compared with expectations of 0.9% and the previous value of 0.90%.
NVIDIA (NVDA. O) 's third-quarter total revenue, net profit, data center revenue, and fourth-quarter revenue guidance are all expected by supermarkets. Its after-hours share price fell 1.7%, after falling more than 5%.
On November 18th, EHang Intelligent, a low-altitude economy eVTOL technology company, announced its financial performance report for the third quarter of 2024. According to the financial report, the company's revenue in the third quarter was 128 million yuan, an increase of 347.8% year-on-year and 25.6% quarter-on-quarter. Quarterly revenue continued to hit a record high, significantly exceeding the market expectation of 119 million yuan. The sales revenue of EHang Intelligent's flagship product...
On November 15th, Hillhouse's fund management platform HHLR Advisors announced its US stock holdings as of the end of the third quarter. The data shows that the number of its holdings in the third quarter decreased from 78 in the second quarter to 48, and the number of US technology stocks were cleared and reduced. The total market value of the holdings increased from $4.054 billion in the second quarter to $4.555 billion. The market value of Chinese stocks held in the second quarter accounted f...
In the euro area, the quarterly rate of employment after the quarterly adjustment in the third quarter was 0.2% initially, 0.1% expected, and 0.2% previously.
Eurozone GDP in the third quarter was revised at an annual rate of 0.9%, compared with expectations of 0.9% and the previous 0.9%.
New York-based Galaxy Digital said in its third-quarter earnings report that it signed a non-binding term sheet with an unnamed U.S. hyperscale company that can convert all of its 800 trillion watts (MW) of power capacity into high-performance computing (HPC). Hyperscale companies are large data centers that specialize in providing large amounts of computing power. The move comes at a time when the halving of bitcoin has led to a decline in profits for the company and the broader mining industry...
According to the third quarter of 2024 assurance report published by Tether, the total size of secured loans in its reserves reached $6.72 billion, exceeding the "excess" funds in its reserves, which totaled only $6.10 billion. This means that Tether (USDT) is once again partially backed by these secured loans. The report notes that the secured loans are fully secured by current assets and are regularly monitored, measured at amortized cost (the notional value of short-term secured loans), and a...
Berkshire Hathaway A (BRK. A.N) earned $18,272.00 per share in the third quarter of 2024, and third-quarter net profit was $26.25 billion.
