Cryptocurrency Raise Billions

Cop29 live: solidarity levy on cryptocurrency could raise billions for climate action, says report

Charging $0.045 per kWh for energy used in intensive bitcoin mining could produce $5bn for the climate crisis, says Global Solidarity Levies taskforce. Josh Gabbatiss, from Carbon Brief has ...

World - The Guardian - 10 hours ago

Debt rule to change to fund major projects

Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.

Waymo Raises $5.6 Billion From Outside Investors

Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.

Business - The New York Times - October 28

Lucid stock tumbles following public offering to raise $1.67 billion

Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."

Business - CNBC - October 17

Lucid CEO defends $1.75 billion capital raise following stock drop

Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.

Business - CNBC - October 22

Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...

The Paris conference for Lebanon raises $1 billion in pledges for humanitarian and military support

An international conference for Lebanon in Paris raised $1 billion in pledges for humanitarian aid and military support

World - ABC News - October 24

Boeing’s stock reverses lower after announcing a $19 billion capital raise

.Boeing’s stock knee-jerked higher after a larger-than-expected capital raise was announced, but then quickly resumed its decline.

Business - MarketWatch - October 28

Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation

Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.

Business - CNBC - October 28

Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion

The new fundraising effort would substantially increase startup’s valuation from spring.

Tech - The Wall Street Journal - October 29

UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds

Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.

Business - The New York Times - October 30

Philadelphia Phillies capital raise values the team at around $3 billion

The Philadelphia Phillies recently raised close to $500 million in capital from three new investors, according to two people familiar with the deal.

Business - CNBC - 6 days ago

French foreign minister says conference for Lebanon raised $1 billion in pledges for humanitarian aid, military support

World - ABC News - October 24

Boeing raises greater-than-expected $21 billion from new stock sales

Boeing said Tuesday that it will raise nearly $21 billion from a public offering of common stock and depositary shares — more than the roughly $19 billion that was initially mooted.

Business - MarketWatch - October 29

MicroStrategy, the largest corporate bitcoin holder, to raise more than $40 billion to buy more bitcoin

The plan is to use the additional capital ‘to buy more bitcoin as a treasury reserve asset,’ the company says.

Business - MarketWatch - October 31

DevRev raises $100.8 million in Series A funding and becomes an AI unicorn at a $1.15 billion valuation

Following its successful Series A funding, DevRev drives forward its mission to revolutionize customer support and product development.

Tech - VentureBeat - November 1

Perplexity AI in final stages of raising $500 million round at $9 billion valuation

Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.

Business - CNBC - November 5

Trump promotes family’s cryptocurrency tokens

Former President Trump touted his family’s new cryptocurrency tokens, encouraging users to “embrace this incredible technology” in a video message Tuesday. The WLFI tokens, released Tuesday ...

Politics - The Hill - October 16

Nigeria drops charges against Binance cryptocurrency boss

World - Yahoo News - October 23

Reddit has sold most of its cryptocurrency portfolio

Reddit’s proceeds from the crypto sale were $6.9 million during the quarter, according to a filing.

Business - MarketWatch - October 30

How Crypto Enthusiasts Hijacked a Dog Mayor Competition

Did a fun event involving cute dogs turn into a pump-and-dump scheme?

Tech - The New York Times - 11 hours ago

Why cryptocurrency owners could impact the U.S. presidential election

Emerging cryptocurrency industry aims to put its stamp on the U.S. election by pouring money into key political races.

Cryptocurrencies rise as investors brace for election results, bitcoin briefly tops $70,000

Cryptocurrencies were higher as investors looked forward to results from the U.S. presidential election.

Business - CNBC - November 5

Donald Trump election win boosts stocks, cryptocurrency and Trump Media

Stocks and cryptocurrency prices set to power higher after Donald Trump is projected winner in U.S. presidential election.

Detroit to become largest city in U.S. to accept cryptocurrency for taxes

City officials said payments will be made through a secure platform and managed by PayPal.

This group of cryptocurrencies is starting to make a dent in demand for short-term Treasurys

Cryptocurrencies are making their way through the plumbing of the financial market — and one of the most interesting ways they’re doing this is by reaching into the U.S. government-debt market.

Business - MarketWatch - 8 hours ago

Trump victory drives gold to near 2-month lows as investors pile into equities, cryptocurrencies

The recent slide — gold has declined in six of the seven sessions since Trump's victory — follows a series of record-breaking milestones for bullion over the past year.

Business - CNBC - 20 hours ago

IMF raises 2025 growth forecast

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story IMF sounds death knell over inflation, raises 2025 outlook International Monetary ...

Politics - The Hill - October 22

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - October 30

MicroStrategy buys $2 billion in bitcoin in 10 days. Is there $42 billion to go?

Shares of MicroStrategy Inc. entered record territory Monday for the first time in 24 years, as the self-proclaimed largest corporate holder of bitcoin continued to ride the postelection frenzy in ...

Business - MarketWatch - 3 days ago

Billions of levelling-up cash in limbo

Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.

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