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The Rally of Trump Media and Technology Group (DJT) Stocks Continues, Adding Over 18%
DJT Stocks Continue to Rise
Trump Media and Technology Group (DJT) stocks continued their upward trend on October 14, accelerating following Trump’s rally in Pennsylvania. On that day, the stock gained more than 18%, reaching a value of $29.95. It briefly crossed the $30 threshold before dropping back to $29.
Rise as a Meme Stock
DJT entered the market in March as a so-called meme stock, with its value largely dependent on Donald Trump's success, especially in connection with the upcoming November elections. Some prediction platforms, like Polymarket and Kalshi, favor Trump, while others, such as FiveThirtyEight and RealClearPolitics, give Kamala Harris an edge.
Increase in Trump’s Net Worth
According to #Forbes , the rise in DJT stock price has boosted Donald Trump's net worth by approximately $530 million. Trump, who owns a 57% stake in Trump Media, has been ranked by Forbes as the 603rd richest person in the world, with a net worth of around $5.5 billion.
DJT Stock Price Fluctuations
DJT stocks experienced a challenging third quarter, with significant lows and losses. A similar situation occurred in the second quarter, when DJT fell to a four-month low, resulting in a $170 million drop in Trump’s net worth.
Key Events Supporting Stock Growth
The stock's growth is linked to several major developments, including the launch of the streaming service Truth+ TV, available on Android and iOS devices. In addition, DJT stocks saw a significant rise following the failed assassination attempt on Trump in July, with their value increasing by 50%. Truth Social, another Trump-owned company, also rose by 41%, reaching $41. The failed assassination also impacted other Trump-related stocks, such as RUM.
Musk’s Support for Trump
#ElonMusk. contributed to the recent rise in DJT stocks. His appearance at a recent rally boosted voter confidence in Trump and supported the ongoing DJT stock rally. Musk, the founder and CEO of SpaceX and Tesla, stated that a Trump victory is essential, and his words resonated with attendees.
Musk has previously shown support for Trump and even mentioned in July that he plans to financially back a PAC that supports meritocracy and individual freedom. Trump has also hinted that he would like to have Musk in his cabinet if he wins the election, praising his business acumen.
What’s Your Take?
With DJT stocks on the rise, what do you think lies ahead for Trump Media and Technology Group? Do you see this rally continuing, or will it hit a ceiling? And what do you make of Elon Musk's involvement? Let us know your thoughts in the comments below – we’d love to hear your perspective on where the stock and Trump’s influence might be heading!
#donaldtrump , #CryptoNews🚀🔥 , #Debate2024
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Trump Media and Technology Group (DJT) stocks continued their upward trend on October 14, accelerating following Trump’s rally in Pennsylvania. On that day, the stock gained more than 18%, reaching a value of $29.95. It briefly crossed the $30 threshold before dropping back to $29.
Rise as a Meme Stock
DJT entered the market in March as a so-called meme stock, with its value largely dependent on Donald Trump's success, especially in connection with the upcoming November elections. Some prediction platforms, like Polymarket and Kalshi, favor Trump, while others, such as FiveThirtyEight and RealClearPolitics, give Kamala Harris an edge.
Increase in Trump’s Net Worth
According to #Forbes , the rise in DJT stock price has boosted Donald Trump's net worth by approximately $530 million. Trump, who owns a 57% stake in Trump Media, has been ranked by Forbes as the 603rd richest person in the world, with a net worth of around $5.5 billion.
DJT Stock Price Fluctuations
DJT stocks experienced a challenging third quarter, with significant lows and losses. A similar situation occurred in the second quarter, when DJT fell to a four-month low, resulting in a $170 million drop in Trump’s net worth.
Key Events Supporting Stock Growth
The stock's growth is linked to several major developments, including the launch of the streaming service Truth+ TV, available on Android and iOS devices. In addition, DJT stocks saw a significant rise following the failed assassination attempt on Trump in July, with their value increasing by 50%. Truth Social, another Trump-owned company, also rose by 41%, reaching $41. The failed assassination also impacted other Trump-related stocks, such as RUM.
Musk’s Support for Trump
#ElonMusk. contributed to the recent rise in DJT stocks. His appearance at a recent rally boosted voter confidence in Trump and supported the ongoing DJT stock rally. Musk, the founder and CEO of SpaceX and Tesla, stated that a Trump victory is essential, and his words resonated with attendees.
Musk has previously shown support for Trump and even mentioned in July that he plans to financially back a PAC that supports meritocracy and individual freedom. Trump has also hinted that he would like to have Musk in his cabinet if he wins the election, praising his business acumen.
What’s Your Take?
With DJT stocks on the rise, what do you think lies ahead for Trump Media and Technology Group? Do you see this rally continuing, or will it hit a ceiling? And what do you make of Elon Musk's involvement? Let us know your thoughts in the comments below – we’d love to hear your perspective on where the stock and Trump’s influence might be heading!
#donaldtrump , #CryptoNews🚀🔥 , #Debate2024
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Forget the Crypto Boom, Enter the "Zombie" Coins: Forbes Calls Out XRP, ADA, LTC in $2.4 Trillion Market.
With a massive crypto market, not every token is thriving. Forbes identifies 20 "zombie blockchains" like Ripple ($XRP ), Cardano ($ADA ), and Litecoin ($LTC ) that keep high prices despite lacking real-world use.
These "undead" tokens see continuous trading but offer little to no user benefit. Many survive on speculation and past funding, not on fulfilling their purpose.
For instance, Ripple's #xrp aimed to challenge SWIFT payments but mainly relies on speculative trading, not actual network usage.
Analysts say XRP's market value of $36 billion is "essentially worthless" compared to its lack of utility.
Similar concerns surround Litecoin, #bitcoin Cash, and others – their value hinges more on speculation than actual use.
"Ethereum killers" like #Cardano (ADA) are another concern. Despite advancements, they struggle with user adoption and developer interest.
#Forbes also highlights the lack of accountability in these blockchain projects. This makes it difficult to assess their health, raising questions about "zombie coins" like Ethereum Classic, which still trades despite security breaches.
With a massive crypto market, not every token is thriving. Forbes identifies 20 "zombie blockchains" like Ripple ($XRP ), Cardano ($ADA ), and Litecoin ($LTC ) that keep high prices despite lacking real-world use.
These "undead" tokens see continuous trading but offer little to no user benefit. Many survive on speculation and past funding, not on fulfilling their purpose.
For instance, Ripple's #xrp aimed to challenge SWIFT payments but mainly relies on speculative trading, not actual network usage.
Analysts say XRP's market value of $36 billion is "essentially worthless" compared to its lack of utility.
Similar concerns surround Litecoin, #bitcoin Cash, and others – their value hinges more on speculation than actual use.
"Ethereum killers" like #Cardano (ADA) are another concern. Despite advancements, they struggle with user adoption and developer interest.
#Forbes also highlights the lack of accountability in these blockchain projects. This makes it difficult to assess their health, raising questions about "zombie coins" like Ethereum Classic, which still trades despite security breaches.
Hafize Gaye Erkan Became the Rising Force in Forbes' 2024 List. 🏦💪🏻♀️
Forbes, the epitome of recognizing global influence, has spotlighted the remarkable Hafize Gaye Erkan in its list of women to watch in 2024. While Güler Sabancı reigns supreme, Erkan's exclusion from the top 100 doesn't diminish her growing impact on the financial world.
Forbes Recognition:
Forbes acknowledges Erkan's ascending influence, positioning her among the women poised to redefine the financial landscape in 2024.
Economic Challenges:
At the helm of the Central Bank of Turkey (TCMB), Erkan faces a formidable challenge — tackling prolonged high inflation in Turkey. This test of leadership thrusts her into the spotlight, where her strategies will be scrutinized on a global scale.
Goldman Sachs Background:
Erkan's journey includes a pivotal chapter at Goldman Sachs, imprinting her with invaluable financial expertise gained in one of the world's leading investment banks.
Renewing Confidence in TL:
A key focus for Erkan is the rejuvenation of consumer and investor confidence in the Turkish Lira (TL). Her mission is clear: reverse the downward trend and foster trust in the national currency.
Tackling Inflation:
Erkan's leadership arrives at a critical juncture as Turkey grapples with persistent inflation. Forbes underscores her pivotal role in navigating economic challenges and steering the country toward stability.
In the dynamic economic landscape, Hafize Gaye Erkan emerges as a notable figure, seamlessly blending her global financial experience with a commitment to address Turkey's economic hurdles. As she takes the reins of the TCMB Presidency, the world watches keenly for her strategies to combat inflation and restore confidence in the national currency. Forbes' recognition solidifies Erkan as a woman poised to make a significant impact in the financial realm throughout 2024.
#HafizeGayeErkan #TCMB #CBRT #Forbes #Turkey
Forbes, the epitome of recognizing global influence, has spotlighted the remarkable Hafize Gaye Erkan in its list of women to watch in 2024. While Güler Sabancı reigns supreme, Erkan's exclusion from the top 100 doesn't diminish her growing impact on the financial world.
Forbes Recognition:
Forbes acknowledges Erkan's ascending influence, positioning her among the women poised to redefine the financial landscape in 2024.
Economic Challenges:
At the helm of the Central Bank of Turkey (TCMB), Erkan faces a formidable challenge — tackling prolonged high inflation in Turkey. This test of leadership thrusts her into the spotlight, where her strategies will be scrutinized on a global scale.
Goldman Sachs Background:
Erkan's journey includes a pivotal chapter at Goldman Sachs, imprinting her with invaluable financial expertise gained in one of the world's leading investment banks.
Renewing Confidence in TL:
A key focus for Erkan is the rejuvenation of consumer and investor confidence in the Turkish Lira (TL). Her mission is clear: reverse the downward trend and foster trust in the national currency.
Tackling Inflation:
Erkan's leadership arrives at a critical juncture as Turkey grapples with persistent inflation. Forbes underscores her pivotal role in navigating economic challenges and steering the country toward stability.
In the dynamic economic landscape, Hafize Gaye Erkan emerges as a notable figure, seamlessly blending her global financial experience with a commitment to address Turkey's economic hurdles. As she takes the reins of the TCMB Presidency, the world watches keenly for her strategies to combat inflation and restore confidence in the national currency. Forbes' recognition solidifies Erkan as a woman poised to make a significant impact in the financial realm throughout 2024.
#HafizeGayeErkan #TCMB #CBRT #Forbes #Turkey
Forbes Unveils 'The World's Most Powerful Women 2023' List. ♀️📝
Forbes, one of the world's most prestigious economic magazines, recently released its annual list of the "World's Most Powerful 100 Women." Here's a glimpse of the noteworthy highlights:
1. Ursula von der Leyen
- President of the European Commission
2. Christine Lagarde
- President of the European Central Bank
3. Kamala Harris
- Vice President of the United States
4. Giorgia Meloni
- Prime Minister of Italy
5. Taylor Swift
- Singer
6. Karen Lynch
- CEO of CVS
7. Jane Fraser
- CEO of Citigroup
8. Abigail Johnson
- Chairman and CEO of Fidelity
9. Mary Barra
- CEO of General Motors
10. Melinda French
- Co-Chair of the Bill and Melinda Gates Foundation
Güler Sabancı: The Sole Turkish Representative.
- Güler Sabancı, a prominent Turkish businesswoman, secured her place on the list, rising from 81st to an impressive 77th position.
- Holding key roles as the Chair of Sabancı Holding, Chair of Sabancı University Board of Trustees, and the first female member of the European Round Table for Industry, Sabancı continues to make significant contributions.
- Notably, she serves on the MIT Energy Initiative's External Advisory Board.
Forbes' 2023 list celebrates the influence and achievements of women globally, with Güler Sabancı shining as the sole Turkish representative, exemplifying her outstanding contributions in business and leadership for an astounding 19 years.
#Forbes #Sabancı #GülerSabancı #Turkey
Forbes, one of the world's most prestigious economic magazines, recently released its annual list of the "World's Most Powerful 100 Women." Here's a glimpse of the noteworthy highlights:
1. Ursula von der Leyen
- President of the European Commission
2. Christine Lagarde
- President of the European Central Bank
3. Kamala Harris
- Vice President of the United States
4. Giorgia Meloni
- Prime Minister of Italy
5. Taylor Swift
- Singer
6. Karen Lynch
- CEO of CVS
7. Jane Fraser
- CEO of Citigroup
8. Abigail Johnson
- Chairman and CEO of Fidelity
9. Mary Barra
- CEO of General Motors
10. Melinda French
- Co-Chair of the Bill and Melinda Gates Foundation
Güler Sabancı: The Sole Turkish Representative.
- Güler Sabancı, a prominent Turkish businesswoman, secured her place on the list, rising from 81st to an impressive 77th position.
- Holding key roles as the Chair of Sabancı Holding, Chair of Sabancı University Board of Trustees, and the first female member of the European Round Table for Industry, Sabancı continues to make significant contributions.
- Notably, she serves on the MIT Energy Initiative's External Advisory Board.
Forbes' 2023 list celebrates the influence and achievements of women globally, with Güler Sabancı shining as the sole Turkish representative, exemplifying her outstanding contributions in business and leadership for an astounding 19 years.
#Forbes #Sabancı #GülerSabancı #Turkey
🔥💥Forbes Reveals Ripple Benefits from $300 Billion in Flows: Can XRP Reach $1?
According to #Forbes Short Contributor Billy Bambrough, the cryptocurrency market has recently been provided with a flow of $ 300 million, a significant boost to major cryptocurrencies such as #Ripple (#XRP ).
Bambrough surpassed $70,000, approaching Bitcoin's 24-hour all-time high of $73,850. Similarly, Ripple (XRP) and other previous cryptocurrencies have witnessed sharp rises. This is a $300 million plus contribution in the total cryptocurrency capitalization last week.
In particular, Ripple (XRP) is among the best performing shows, reaching its highest intraday price of $ 0.6594 after an increase of 5.1%. Dec. Over the past seven days, the asset has shown an effective increase of 4.5% from a low of $ 0.5725.
Ripple's corporate interest is increasing
Amid the newly revived state of the crypto market after weeks of paid price regulations, some Goldman Sachs clients have indicated that they are ready to enter the cryptocurrency arena, Bambrough said. These advisors, mainly hedge funds, are experiencing son gains and fear of running away (FOMO), especially after the approval of multiple US Bitcoin spot etfs.
Max Minton, Goldman's Head of Digital Assets for Asia Pacific, said: "The recent ETF approval has triggered a new revival of interest and activity from our clients. Many of our biggest clients are actively researching or not being active in this area."
"Price action ... it is still primarily driven by retail investors. But these are the institutions we're starting to get into. Now you really see that the appetite has changed.”
XRP has struggled to perform, primarily due to the protracted Ripple and SEC litigation. Dec m, according to Changelly analysts, XRP could reach $1 by May 2025, potentially affected by the outcome of Ripple's ongoing legal battle with the SEC. However, if the case ends in favor of Ripple, it could provide a boost to the price of XRP.
#binance
According to #Forbes Short Contributor Billy Bambrough, the cryptocurrency market has recently been provided with a flow of $ 300 million, a significant boost to major cryptocurrencies such as #Ripple (#XRP ).
Bambrough surpassed $70,000, approaching Bitcoin's 24-hour all-time high of $73,850. Similarly, Ripple (XRP) and other previous cryptocurrencies have witnessed sharp rises. This is a $300 million plus contribution in the total cryptocurrency capitalization last week.
In particular, Ripple (XRP) is among the best performing shows, reaching its highest intraday price of $ 0.6594 after an increase of 5.1%. Dec. Over the past seven days, the asset has shown an effective increase of 4.5% from a low of $ 0.5725.
Ripple's corporate interest is increasing
Amid the newly revived state of the crypto market after weeks of paid price regulations, some Goldman Sachs clients have indicated that they are ready to enter the cryptocurrency arena, Bambrough said. These advisors, mainly hedge funds, are experiencing son gains and fear of running away (FOMO), especially after the approval of multiple US Bitcoin spot etfs.
Max Minton, Goldman's Head of Digital Assets for Asia Pacific, said: "The recent ETF approval has triggered a new revival of interest and activity from our clients. Many of our biggest clients are actively researching or not being active in this area."
"Price action ... it is still primarily driven by retail investors. But these are the institutions we're starting to get into. Now you really see that the appetite has changed.”
XRP has struggled to perform, primarily due to the protracted Ripple and SEC litigation. Dec m, according to Changelly analysts, XRP could reach $1 by May 2025, potentially affected by the outcome of Ripple's ongoing legal battle with the SEC. However, if the case ends in favor of Ripple, it could provide a boost to the price of XRP.
#binance
Top 12 Crypto News In The Last Couple of Hours
🚨Top 12 Crypto News In The Last Couple of Hours
1️⃣ All Spot #Bitcoin ETF applicants submit final 19b-4 amendments.
2️⃣ Satoshi Nakamoto receives ~26.9 $BTC from an anonymous account.
3️⃣ VanEck pledges 5% of its spot #BitcoinETF profits to core Bitcoin developers at Brink.
4️⃣ #Solana daily transaction volume hits new high of $40B, massively outperforming 2023 already.
5️⃣ #Coinbase set to acquire a local company to expand derivatives offering in EU.
6️⃣ CertiK’s X account briefly hacked by #Forbes impersonator.
7️⃣ Banking app Dave to buy back $100M stake from #FTX
8️⃣ North Korean hackers stole $600M in #crypto in 2023.
9️⃣ Nigeria’s central bank greenlights cNGN #stablecoin to launch in February.
🔟 LoganPaul to ‘buy back’ CryptoZoo NFTs a year after promising refunds.
1️⃣1️⃣ Celsius withdrawal request of > 200k ETH to be partially blamed for a blacklog causing ETH validators staked ETH withdrawal delay
1️⃣2️⃣ DCG completes the payoff of all short-term loans from Genesis.
Stay updated with the latest crypto news!
#CryptoNews #CryptoPatel
$BTC $ETH $SOL
1️⃣ All Spot #Bitcoin ETF applicants submit final 19b-4 amendments.
2️⃣ Satoshi Nakamoto receives ~26.9 $BTC from an anonymous account.
3️⃣ VanEck pledges 5% of its spot #BitcoinETF profits to core Bitcoin developers at Brink.
4️⃣ #Solana daily transaction volume hits new high of $40B, massively outperforming 2023 already.
5️⃣ #Coinbase set to acquire a local company to expand derivatives offering in EU.
6️⃣ CertiK’s X account briefly hacked by #Forbes impersonator.
7️⃣ Banking app Dave to buy back $100M stake from #FTX
8️⃣ North Korean hackers stole $600M in #crypto in 2023.
9️⃣ Nigeria’s central bank greenlights cNGN #stablecoin to launch in February.
🔟 LoganPaul to ‘buy back’ CryptoZoo NFTs a year after promising refunds.
1️⃣1️⃣ Celsius withdrawal request of > 200k ETH to be partially blamed for a blacklog causing ETH validators staked ETH withdrawal delay
1️⃣2️⃣ DCG completes the payoff of all short-term loans from Genesis.
Stay updated with the latest crypto news!
#CryptoNews #CryptoPatel
$BTC $ETH $SOL
🚀 Bitcoin News! 🚀
Bitcoin is preparing for a huge change! 💥
The market is getting more liquid, indicating a major shift coming soon..
Source: Conversation with Bing, 2/16/2024
(1) Bitcoin (BTC) is up 12% this month in part due to thin liquidity -CNBC.
(2) What Drives Bitcoin's Price Up or Crashing Down? - #Coindesk
(3) Why Is Bitcoin Going Up? –#Forbes .
#Write2Earn
Bitcoin is preparing for a huge change! 💥
The market is getting more liquid, indicating a major shift coming soon..
Source: Conversation with Bing, 2/16/2024
(1) Bitcoin (BTC) is up 12% this month in part due to thin liquidity -CNBC.
(2) What Drives Bitcoin's Price Up or Crashing Down? - #Coindesk
(3) Why Is Bitcoin Going Up? –#Forbes .
#Write2Earn
Forbes has established permanent land within The Sandbox metaverse, marking a deeper dive into the Web3 space and solidifying its belief in the metaverse's transformative potential. The virtual estate will serve as a community hub, offering interactive experiences, workshops, and events to bring together thinkers, leaders, and innovators.
#Forbes #Sandbox #Metaverse #sand
#Forbes #Sandbox #Metaverse #sand
BREAKING: Regulators Warming to Spot Bitcoin ETFs!
#Forbes reports that discussions between regulators and #ETF applicants are making progress.
This is HUGE news for the crypto community! It could mean that a spot Bitcoin ETF is finally on the horizon.
Here's what you need to know:
Meetings between the SEC and investment firms seeking to list Bitcoin ETFs have intensified.Applicants have been making changes to their filings based on regulator feedback.A federal court ruling requiring the SEC to reconsider Grayscale's rejected ETF application could pave the way for other approvals. ️Experts believe there's a window for approval between January 5-10, 2024. ️
Why is this important?
A spot ETF would allow investors to gain exposure to Bitcoin without directly owning the digital asset.This could lead to increased institutional investment in Bitcoin.It could also help to legitimize and stabilize the crypto market. ⚖️
Stay tuned for more updates! This is a developing story.
#BinanceTournament #BTC
$BTC $ETH $BNB
This is HUGE news for the crypto community! It could mean that a spot Bitcoin ETF is finally on the horizon.
Here's what you need to know:
Meetings between the SEC and investment firms seeking to list Bitcoin ETFs have intensified.Applicants have been making changes to their filings based on regulator feedback.A federal court ruling requiring the SEC to reconsider Grayscale's rejected ETF application could pave the way for other approvals. ️Experts believe there's a window for approval between January 5-10, 2024. ️
Why is this important?
A spot ETF would allow investors to gain exposure to Bitcoin without directly owning the digital asset.This could lead to increased institutional investment in Bitcoin.It could also help to legitimize and stabilize the crypto market. ⚖️
Stay tuned for more updates! This is a developing story.
#BinanceTournament #BTC
$BTC $ETH $BNB
Forget the Crypto Boom, Enter the "Zombie" Coins: Forbes Calls Out XRP, ADA, LTC in $2.4 Trillion Market
With a massive crypto market, not every token is thriving. Forbes identifies 20 "zombie blockchains" like Ripple ($XRP ), Cardano ($ADA ), and Litecoin ($LTC ) that keep high prices despite lacking real-world use.
These "undead" tokens see continuous trading but offer little to no user benefit. Many survive on speculation and past funding, not on fulfilling their purpose.
For instance, Ripple's #xrp aimed to challenge SWIFT payments but mainly relies on speculative trading, not actual network usage.
Analysts say XRP's market value of $36 billion is "essentially worthless" compared to its lack of utility.
Similar concerns surround Litecoin, #bitcoin Cash, and others – their value hinges more on speculation than actual use.
"Ethereum killers" like #Cardano (ADA) are another concern. Despite advancements, they struggle with user adoption and developer interest.
#Forbes also highlights the lack of accountability in these blockchain projects. This makes it difficult to assess their health, raising questions about "zombie coins" like Ethereum Classic, which still trades despite security breaches.
With a massive crypto market, not every token is thriving. Forbes identifies 20 "zombie blockchains" like Ripple ($XRP ), Cardano ($ADA ), and Litecoin ($LTC ) that keep high prices despite lacking real-world use.
These "undead" tokens see continuous trading but offer little to no user benefit. Many survive on speculation and past funding, not on fulfilling their purpose.
For instance, Ripple's #xrp aimed to challenge SWIFT payments but mainly relies on speculative trading, not actual network usage.
Analysts say XRP's market value of $36 billion is "essentially worthless" compared to its lack of utility.
Similar concerns surround Litecoin, #bitcoin Cash, and others – their value hinges more on speculation than actual use.
"Ethereum killers" like #Cardano (ADA) are another concern. Despite advancements, they struggle with user adoption and developer interest.
#Forbes also highlights the lack of accountability in these blockchain projects. This makes it difficult to assess their health, raising questions about "zombie coins" like Ethereum Classic, which still trades despite security breaches.
Tesla's Quarter Results Shake Elon Musk's Wealth Overnight. 🤯😓
On January 26, 2024, Tesla faced a significant setback with fourth-quarter results falling short of expectations. The repercussions were felt immediately, causing a 12.13% drop in Tesla's stock, closing at $182.63. Post-market trading continued the decline with an additional 0.64%.
Elon Musk, CEO of Tesla and owner of around 21% of the company's shares, saw a drastic decline in his net worth overnight. Forbes calculated a staggering $18.8 billion loss. Despite this setback, Musk retains the title of the world's richest person, with a net worth of $204 billion, surpassing Jeff Bezos by $25 billion.
Musk's wealth, now at $204 billion, reflects a significant drop. Tesla's shares recorded a year-to-date decline of over 26%, indicating a challenging period for the electric car company.
Elon Musk continues to hold the coveted title of the world's wealthiest individual, even after the substantial overnight loss. His net worth, though diminished, remains notably higher than Jeff Bezos, who trails by $25 billion.
The disappointing quarterly results and subsequent stock decline raise questions about Tesla's near-term financial outlook and market performance. Investors and analysts will closely monitor Tesla's strategies and future developments to assess the company's resilience.
Tesla's recent financial challenges have not only impacted the company's stock performance but have also had a substantial effect on Elon Musk's wealth. The electric vehicle market dynamics and Tesla's strategic decisions will play a crucial role in determining the company's future trajectory amidst these setbacks. Stay tuned for updates as the story unfolds.
#Forbes #ForbesRanking #elonMusk #Tesla
On January 26, 2024, Tesla faced a significant setback with fourth-quarter results falling short of expectations. The repercussions were felt immediately, causing a 12.13% drop in Tesla's stock, closing at $182.63. Post-market trading continued the decline with an additional 0.64%.
Elon Musk, CEO of Tesla and owner of around 21% of the company's shares, saw a drastic decline in his net worth overnight. Forbes calculated a staggering $18.8 billion loss. Despite this setback, Musk retains the title of the world's richest person, with a net worth of $204 billion, surpassing Jeff Bezos by $25 billion.
Musk's wealth, now at $204 billion, reflects a significant drop. Tesla's shares recorded a year-to-date decline of over 26%, indicating a challenging period for the electric car company.
Elon Musk continues to hold the coveted title of the world's wealthiest individual, even after the substantial overnight loss. His net worth, though diminished, remains notably higher than Jeff Bezos, who trails by $25 billion.
The disappointing quarterly results and subsequent stock decline raise questions about Tesla's near-term financial outlook and market performance. Investors and analysts will closely monitor Tesla's strategies and future developments to assess the company's resilience.
Tesla's recent financial challenges have not only impacted the company's stock performance but have also had a substantial effect on Elon Musk's wealth. The electric vehicle market dynamics and Tesla's strategic decisions will play a crucial role in determining the company's future trajectory amidst these setbacks. Stay tuned for updates as the story unfolds.
#Forbes #ForbesRanking #elonMusk #Tesla
#Trading genius who transformed a modest $6,450 into $87 million in just three
#Forbes Top 5 Trader
📍 Lets have a look into his strategy, secrets, and insights on Bitcoin ($BTC).
📝In the trading world, few names command respect like Kristjan Qullamaggie.
✜ This legendary trader ranked in the TOP-15 earners in Sweden.
✜ His trading setups have the potential to generate life-altering gains for any trader in today’s markets.
Kristjan Qullamaggie is a renowned Swedish swing trader who stunned the industry with his exceptional skills.
📝Here’s a brief glimpse of his journey:
✜ He amassed hundreds of millions through his custom-developed strategies.
✜ His trading career began in 2011 with just $5,000, which he managed to multiply many times over.
✜ Kristjan didn’t finish his university studies, choosing instead to focus on trading full-time in the final months.
✜ Early in his career, he worked as a mall security guard to support his basic needs when his trades weren’t paying off.
✜ Success didn’t come easy—Kristjan failed 3-4 times before he truly found his stride.
✜ His initial $5,000 was lost, and he restarted with $3,000-$4,000 several times.
After overcoming these challenges, Kristjan honed his strategy, which I’m excited to share with you in next post.
Do follow ,share and your valuable feedback .
But before we dive in...
I've dedicated a lot of time and energy to gather this valuable information, and I’m sharing it completely free.
#BTC
#Etherreum
#Sol
#pepe
#shib
#Doge
#Memecoins
#Forbes Top 5 Trader
📍 Lets have a look into his strategy, secrets, and insights on Bitcoin ($BTC).
📝In the trading world, few names command respect like Kristjan Qullamaggie.
✜ This legendary trader ranked in the TOP-15 earners in Sweden.
✜ His trading setups have the potential to generate life-altering gains for any trader in today’s markets.
Kristjan Qullamaggie is a renowned Swedish swing trader who stunned the industry with his exceptional skills.
📝Here’s a brief glimpse of his journey:
✜ He amassed hundreds of millions through his custom-developed strategies.
✜ His trading career began in 2011 with just $5,000, which he managed to multiply many times over.
✜ Kristjan didn’t finish his university studies, choosing instead to focus on trading full-time in the final months.
✜ Early in his career, he worked as a mall security guard to support his basic needs when his trades weren’t paying off.
✜ Success didn’t come easy—Kristjan failed 3-4 times before he truly found his stride.
✜ His initial $5,000 was lost, and he restarted with $3,000-$4,000 several times.
After overcoming these challenges, Kristjan honed his strategy, which I’m excited to share with you in next post.
Do follow ,share and your valuable feedback .
But before we dive in...
I've dedicated a lot of time and energy to gather this valuable information, and I’m sharing it completely free.
#BTC
#Etherreum
#Sol
#pepe
#shib
#Doge
#Memecoins
⚠️Breaking Update⚠️
#Forbes reveals #BlackRock 's strategy to streamline operations with a proposed reduction of 3% in its workforce. As per sources on January 7th, an imminent announcement is expected, indicating a global cut of around 600 employees.
#Forbes reveals #BlackRock 's strategy to streamline operations with a proposed reduction of 3% in its workforce. As per sources on January 7th, an imminent announcement is expected, indicating a global cut of around 600 employees.
🚀 Crypto Quake Alert: Forbes Forecasts Ripple’s XRP to Lead $48.3 Trillion Surge
Forbes is making waves with a bold prediction, positioning Ripple’s XRP at the epicenter of a seismic shift in the crypto landscape. Figures like former NYSE president Tom Farley foresee an imminent capital influx, with XRP set to be a major beneficiary.
🔮 Farley’s Vision: ETF Approval as the Catalyst
Farley anticipates a significant shakeup in the crypto realm, with XRP poised for transformative gains upon the approval of Bitcoin and XRP spot exchange-traded funds (ETFs). This move is projected to unleash an unprecedented $48.3 trillion surge into the XRP and Bitcoin markets.
🌐 Market Dynamics: ETF Momentum Reshaping Crypto
The approval of these ETFs, especially in the context of the U.S. government signaling potential challenges for Binance, is seen as a trigger for an unparalleled influx of capital. Farley emphasizes the likelihood of money “flooding” into the market once the long-awaited Bitcoin spot ETF receives regulatory approval.
🔄 Reshaping the Landscape: BlackRock’s Strategic Moves and Ongoing ETF Boom
BlackRock’s strategic maneuvers and the ongoing ETF boom are set to reshape the cryptocurrency landscape, with XRP positioned to reap significant benefits. Forbes highlights the transformative potential of these developments, placing XRP at the center of this impending financial evolution.
🚀 Looking Ahead: Navigating the Crypto Market
As the crypto community gears up for the Bitcoin halving and an exciting 2024, Forbes suggests subscribing to their CryptoAsset & Blockchain Advisor. Stay ahead of the game, navigate the crypto market’s rollercoaster, and seize opportunities during this transformative period.
🌐 For the latest crypto insights, follow Blockopedia Navigate the evolving crypto landscape with confidence! 🚀
#BTC #Forbes #crypto #cryptocurrency #crypto2023
Forbes is making waves with a bold prediction, positioning Ripple’s XRP at the epicenter of a seismic shift in the crypto landscape. Figures like former NYSE president Tom Farley foresee an imminent capital influx, with XRP set to be a major beneficiary.
🔮 Farley’s Vision: ETF Approval as the Catalyst
Farley anticipates a significant shakeup in the crypto realm, with XRP poised for transformative gains upon the approval of Bitcoin and XRP spot exchange-traded funds (ETFs). This move is projected to unleash an unprecedented $48.3 trillion surge into the XRP and Bitcoin markets.
🌐 Market Dynamics: ETF Momentum Reshaping Crypto
The approval of these ETFs, especially in the context of the U.S. government signaling potential challenges for Binance, is seen as a trigger for an unparalleled influx of capital. Farley emphasizes the likelihood of money “flooding” into the market once the long-awaited Bitcoin spot ETF receives regulatory approval.
🔄 Reshaping the Landscape: BlackRock’s Strategic Moves and Ongoing ETF Boom
BlackRock’s strategic maneuvers and the ongoing ETF boom are set to reshape the cryptocurrency landscape, with XRP positioned to reap significant benefits. Forbes highlights the transformative potential of these developments, placing XRP at the center of this impending financial evolution.
🚀 Looking Ahead: Navigating the Crypto Market
As the crypto community gears up for the Bitcoin halving and an exciting 2024, Forbes suggests subscribing to their CryptoAsset & Blockchain Advisor. Stay ahead of the game, navigate the crypto market’s rollercoaster, and seize opportunities during this transformative period.
🌐 For the latest crypto insights, follow Blockopedia Navigate the evolving crypto landscape with confidence! 🚀
#BTC #Forbes #crypto #cryptocurrency #crypto2023
Aliko Dangote Leads Africa's Wealth Rankings Once Again. 🌍🤑👨🏻💼
Nigerian entrepreneur Aliko Dangote maintains his position at the pinnacle of Forbes Magazine's 2024 "Africa's Richest" list with a fortune of $13.9 billion.
Dangote, who ascended to the top for the 13th time in 2023 by increasing his wealth by $400 million, stands out for his income derived from cement production.
Despite economic challenges in his country, Dangote continues to elevate his financial assets, showcasing a sustained trajectory of success.
In the list of Africa's wealthiest, South African Johann Rupert secures the second position, while the third spot goes to South African Nicky Oppenheimer.
The 20-person list, featuring individuals from Egypt, Algeria, Morocco, Zimbabwe, and Tanzania, collectively represents a wealth of $82.4 billion.
Aliko Dangote's ongoing success trajectory once again sheds light on Africa's economic dynamism and his impactful presence in the business world.
#Africa #AlikoDangote #Forbes #SouthAfrica
Nigerian entrepreneur Aliko Dangote maintains his position at the pinnacle of Forbes Magazine's 2024 "Africa's Richest" list with a fortune of $13.9 billion.
Dangote, who ascended to the top for the 13th time in 2023 by increasing his wealth by $400 million, stands out for his income derived from cement production.
Despite economic challenges in his country, Dangote continues to elevate his financial assets, showcasing a sustained trajectory of success.
In the list of Africa's wealthiest, South African Johann Rupert secures the second position, while the third spot goes to South African Nicky Oppenheimer.
The 20-person list, featuring individuals from Egypt, Algeria, Morocco, Zimbabwe, and Tanzania, collectively represents a wealth of $82.4 billion.
Aliko Dangote's ongoing success trajectory once again sheds light on Africa's economic dynamism and his impactful presence in the business world.
#Africa #AlikoDangote #Forbes #SouthAfrica
🔥🔥🔥Forbes Selected SHIB DOGE and BNB Among the Top 10 Cryptocurrencies to Invest in
Forbes recently revealed the top 10 cryptocurrencies to invest in in March 2024, and Shiba Inu has entered the list. The only two meme currency-inspired coins on the list were Shiba Inu and Dogecoin.
Development indicators that the ship is attracting eyeballs in the mainstream media and leading financial institutions such as Forbes are considering the token. The Forbes outlet acknowledged that Dogecoin started out as a joke but is now a serious competitor for investments.
Forbes noticed Shiba Inu after experiencing an increase of close to 280% in the last 30 days. This year, Bitcoin has outperformed Ethereum and the US stock market by a large margin. Even Bitcoin, Ethereum and the broader cryptocurrency market, with the exception of a few other meme tokens such as Pepe, did not triple the price as Shib did.
Shiba Inu Meets Forbes' Eye.
While the dog-themed token is rising rapidly in the indices, SHIB is now being noticed by Forbes. According to Forbes, the top 10 cryptocurrencies that can be invested in March 2024 are as follows:
Bitcoin (BTC)
Ethereum (ETH)
Tether (USDT)
Binance Coin (#BNB )
Solana (LEFT)
Ripple (XRP)
US Dollar Currency (USDC)
Cardano (ADA)
Dogecoin (#DOGE )
Shiba Inu (#SHIB )
Although Shiba Inu was the last one on the Forbes list, it still managed to enter the prestigious top 10 cryptocurrency investments. December. The development shows that SHIB now stands shoulder to shoulder with the leading investments in the financial sector.
Read here to find out how high SHIB can trade on the charts next month. The upcoming Bitcoin halving may push up the SHIB price and generate more profit. If he manages to erase another zero, Forbes can move shib up the list. Therefore, the next two months look promising for Bitcoin, SHIB and the general cryptocurrency market.
#Forbes #binance
Forbes recently revealed the top 10 cryptocurrencies to invest in in March 2024, and Shiba Inu has entered the list. The only two meme currency-inspired coins on the list were Shiba Inu and Dogecoin.
Development indicators that the ship is attracting eyeballs in the mainstream media and leading financial institutions such as Forbes are considering the token. The Forbes outlet acknowledged that Dogecoin started out as a joke but is now a serious competitor for investments.
Forbes noticed Shiba Inu after experiencing an increase of close to 280% in the last 30 days. This year, Bitcoin has outperformed Ethereum and the US stock market by a large margin. Even Bitcoin, Ethereum and the broader cryptocurrency market, with the exception of a few other meme tokens such as Pepe, did not triple the price as Shib did.
Shiba Inu Meets Forbes' Eye.
While the dog-themed token is rising rapidly in the indices, SHIB is now being noticed by Forbes. According to Forbes, the top 10 cryptocurrencies that can be invested in March 2024 are as follows:
Bitcoin (BTC)
Ethereum (ETH)
Tether (USDT)
Binance Coin (#BNB )
Solana (LEFT)
Ripple (XRP)
US Dollar Currency (USDC)
Cardano (ADA)
Dogecoin (#DOGE )
Shiba Inu (#SHIB )
Although Shiba Inu was the last one on the Forbes list, it still managed to enter the prestigious top 10 cryptocurrency investments. December. The development shows that SHIB now stands shoulder to shoulder with the leading investments in the financial sector.
Read here to find out how high SHIB can trade on the charts next month. The upcoming Bitcoin halving may push up the SHIB price and generate more profit. If he manages to erase another zero, Forbes can move shib up the list. Therefore, the next two months look promising for Bitcoin, SHIB and the general cryptocurrency market.
#Forbes #binance
Forbes has launched the Legacy Pass, a membership club for entrepreneurs, creators, and change-makers within the Web3 community.
The non-transferable, soulbound passes, minted on the Ethereum blockchain, represent a permanent, personal connection to the Forbes brand, aiming to foster innovation and growth within the community.
#Forbes #nft #legacypass #HotTrends
The non-transferable, soulbound passes, minted on the Ethereum blockchain, represent a permanent, personal connection to the Forbes brand, aiming to foster innovation and growth within the community.
#Forbes #nft #legacypass #HotTrends
#BTC
#Forbes 5
#Kristjan’s strategy How to become successful in trading .
Some Great valuable lessons
Position Size & Risk
✜ According to Kristjan’s strategy, never hold more than 30% of your position overnight.
✜ Typically, he holds only 10-20% of a position overnight, with a risk of 0.25-1%.
✜ If your portfolio is under $1M, he suggests increasing your risk to 0.5-1.5%.
💎Risk-Reward
✜ The key isn’t making a profit on every trade but managing risk effectively.
✜ Kristjan’s win rate is around 30%, meaning only 3 out of 10 trades will be winners, but those will cover the losses.
✜ So, manage your risk-reward ratio and don’t expect profits from every single trade.
💎The Breakout Trade
✜ Breakout trading is Kristjan’s preferred strategy.
✜ Price movements often occur in steps, moving from one range to another before consolidating and continuing. He profits from these breakouts.
💎Position Management
✜ He suggests selling 1/3 to 1/5 of a position within 3-5 days of entry, then moving the stop-loss to breakeven.
✜ Use a trailing stop guided
the 10-day or 20-day moving average. If the price falls below the average, close the position.
💎Flag Breakout
✜ Kristjan’s second-favorite strategy is the Flag Breakout. ✜ After a prolonged price rise followed by consolidation, there’s often a breakout—this is where Kristjan places his trades.
💎Stay Focused, Ignore the Bears
✜ Many people tend to focus on the potential negatives, but Kristjan remains focused on the bigger picture.
✜ He started trading in 2011, and on a larger timeframe, the market has continually trended upward.
Don’t let bearish opinions distract you from long-term success.
#BinanceLaunchpoolHMSTR #FTXSolanaRedemption #DOGSONBINANCE #dogs
#Forbes 5
#Kristjan’s strategy How to become successful in trading .
Some Great valuable lessons
Position Size & Risk
✜ According to Kristjan’s strategy, never hold more than 30% of your position overnight.
✜ Typically, he holds only 10-20% of a position overnight, with a risk of 0.25-1%.
✜ If your portfolio is under $1M, he suggests increasing your risk to 0.5-1.5%.
💎Risk-Reward
✜ The key isn’t making a profit on every trade but managing risk effectively.
✜ Kristjan’s win rate is around 30%, meaning only 3 out of 10 trades will be winners, but those will cover the losses.
✜ So, manage your risk-reward ratio and don’t expect profits from every single trade.
💎The Breakout Trade
✜ Breakout trading is Kristjan’s preferred strategy.
✜ Price movements often occur in steps, moving from one range to another before consolidating and continuing. He profits from these breakouts.
💎Position Management
✜ He suggests selling 1/3 to 1/5 of a position within 3-5 days of entry, then moving the stop-loss to breakeven.
✜ Use a trailing stop guided
the 10-day or 20-day moving average. If the price falls below the average, close the position.
💎Flag Breakout
✜ Kristjan’s second-favorite strategy is the Flag Breakout. ✜ After a prolonged price rise followed by consolidation, there’s often a breakout—this is where Kristjan places his trades.
💎Stay Focused, Ignore the Bears
✜ Many people tend to focus on the potential negatives, but Kristjan remains focused on the bigger picture.
✜ He started trading in 2011, and on a larger timeframe, the market has continually trended upward.
Don’t let bearish opinions distract you from long-term success.
#BinanceLaunchpoolHMSTR #FTXSolanaRedemption #DOGSONBINANCE #dogs