Anthony Scaramucci, founder of SkyBridge Capital, envisions Bitcoin reaching $1 million per unit, driven by its growing acceptance as a credible store of value. This scenario is supported by Bitcoin's capped supply of 21 million coins, which would give it a total market capitalization of $21 trillion at that price. Scaramucci highlights the shift in perception from Bitcoin as a volatile asset to one valued for preserving wealth, fueled by increasing involvement from major Wall Street institutions like Morgan Stanley and Goldman Sachs. He also compares Bitcoin's potential to gold, emphasizing Bitcoin's advantages in transfer speed, storage, and international movement, suggesting it could become a major financial asset in the future.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Brazil Potash Corp. disclosed a procedural filing by the Brazilian Federal Public Defender’s Office seeking to suspend activities at its Autazes potash project. The filing challenges prior favorable court decisions but does not introduce new facts or...
DT Midstream, Inc. will announce its financial results for the second quarter of 2026 before the market opens on July 30, 2026. The company has scheduled a conference call at 9:00 a.m. ET on the same day to discuss the results. Investors and the publ...
UK GDP grew 0.8% over three months, beating expectations and showing resilience despite geopolitical risks. The FTSE 100 opened lower amid mixed company results, with major takeovers announced for Rotork (£4.1bn by ABB), Gooch & Housego (£345.6m by A...
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
