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Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

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Bitcoin surpasses $47,000, first time since March 30, 2022

Bitcoin is a decentralized system of the eponymous cryptocurrency based on blockchain technology. AFP
  • Bitcoin, originating in 2008 under the pseudonym Satoshi Nakamoto, operates as a decentralized digital currency
  • The robust trading volumes in Bitcoin mining firms signal a heightened investor interest, underlining the increasing prominence of cryptocurrencies

Abu Dhabi, UAE – Bitcoin surged above $47,000 on January 9, marking its highest value since March 30, 2022, as reported by the Coindesk platform.

Bitcoin, originating in 2008 under the pseudonym Satoshi Nakamoto, operates as a decentralized digital currency, facilitating peer-to-peer transactions without the need for a central authority or intermediaries.

In parallel, American bourses witnessed substantial trading activity among crypto mining firms on Monday, surpassing trading volumes of well-established US tech giants. Notably, Marathon Digital and Riot Platforms collectively traded at a volume of $3.55 billion on January 8, based on Yahoo Finance data.

Marathon Digital (MARA) claimed the top position as the most traded stock in the United States, with an impressive volume of 112 million shares traded, outstripping major companies like Tesla, AMD, Nvidia, and Apple by a significant margin. Tesla, securing the second spot in US trading, recorded a daily volume of approximately 85 million shares in comparison.

The robust trading volumes in Bitcoin mining firms signal a heightened investor interest, underlining the increasing prominence of cryptocurrencies within the financial landscape.