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X @aixbt
aixbt· 2025-12-03 00:49
bank of america's 15,000 wealth advisers start recommending bitcoin to $3.1 trillion in january 2026. not self-directed trading like vanguard. actual portfolio reviews where your adviser suggests 2% in ibit or fbtc. even 1% allocation from 10% of clients puts $3.1b into 4 approved etfs. blackrock's ibit about to eat harder than it already is ...
Marvell Rallies After Upbeat CEO Remarks, Celestial AI Deal
MINT· 2025-12-03 00:05
Core Viewpoint - Marvell Technology Inc. is experiencing a positive shift in investor sentiment due to its custom chip-design unit securing repeat orders, indicating growth driven by increased spending on AI computing [1][2]. Group 1: Revenue Growth and Forecast - Marvell is optimistic about revenue growth, predicting a 20% increase in custom chip sales next year, with large customers renewing orders [2]. - The company forecasts revenue of approximately $2.2 billion for the fiscal fourth quarter, aligning with Wall Street projections [5]. - CEO Matt Murphy stated that Marvell's revenue could reach $10 billion in the next fiscal year, surpassing analyst predictions of $9.47 billion [3]. Group 2: Stock Performance - Following the positive earnings call, Marvell's shares rose over 15% in late trading, recovering from a 16% decline earlier in the year [4]. Group 3: Acquisition of Celestial AI - Marvell announced plans to acquire Celestial AI for at least $3.25 billion, which is expected to enhance its artificial intelligence capabilities [3]. - The acquisition includes $1 billion in cash and $2.25 billion in stock, with additional payouts contingent on Celestial AI achieving specific revenue targets [6][9]. - Celestial AI specializes in photonic fabric technology that improves data movement within AI infrastructure, potentially accelerating AI system performance [7]. Group 4: Market Position and Competition - Marvell aims to capitalize on the AI spending boom, assisting cloud-computing firms like Amazon in designing custom chips, although its products are not as prevalent as those from Nvidia [4]. - The company reported recent customer wins, including an emerging hyperscaler, indicating progress in its custom chip business [5].
X @Cointelegraph
Cointelegraph· 2025-12-02 23:30
Investment & Adoption - Texas becomes the first U S state to add Bitcoin exposure to a state-managed investment fund [1] - Texas purchased approximately $5 million of BlackRock's IBIT ETF under its new SB 21 Bitcoin Reserve [1]
X @Wendy O
Wendy O· 2025-12-02 22:56
RT Wendy O (@CryptoWendyO)EMERGENCY: BLACKROCK TO "TOKENIZE ALL ASSETS" CRYPTO SUPER CYCLE STARTS NOW? https://t.co/KMI0gGnnhW ...
Bank of America, Vanguard, & BlackRock - Huge Crypto News!
Altcoin Daily· 2025-12-02 22:50
There's going to be hundreds of crypto ETFs launched. >> Huge news today for crypto. The Bank of America officially recommends clients put up to 4% of their portfolio in Bitcoin and crypto.Here is the exact language you need to know as a crypto investor. From CEO of Bitwise, Hunter Horsely. He says, "Huge news. Bank of America, private bank and wealth management, one of the largest in the country. they controlled over $2 trillion announced that they will allow advisors to allocate 1 to 4% to Bitcoin startin ...
X @Wendy O
Wendy O· 2025-12-02 21:33
RT Wendy O (@CryptoWendyO)EMERGENCY: BLACKROCK TO "TOKENIZE ALL ASSETS" CRYPTO SUPER CYCLE STARTS NOW? https://t.co/KMI0gGnnhW ...
X @Sei
Sei· 2025-12-02 20:47
“If history is any guide, tokenization today is roughly where the Internet was in 1996.” — Larry FinkBlackRock has long been a clarifying force at the forefront of digital assets.The first tokenized treasury fund.The leading Bitcoin ETF.Now, a clear vision for how tokenization modernizes global markets.Faster settlement, greater transparency, broader global access. The same principles that guide Sei’s architecture.Tokenization is not a fad. From prediction markets to treasury funds, to dollars and equities, ...
Bitcoin surges, and Vanguard allows trading of some crypto ETFs: CNBC Crypto World
CNBC Television· 2025-12-02 20:03
Today, crypto rebounds from yesterday's sell-off and Grayscale Zack Pandle discusses the launch of the asset manager's latest spot crypto ETF in the US. Welcome to CNBC's Crypto World. I'm Talia Kaplan.Crypto markets on the rise this morning. As of noon Eastern, Bitcoin climbed back above the $90,000 threshold. Ether jumped nearly 10% to just under $3,000.and chain link jumped more than 12% to $1324. Now, Tom Farley, the CEO of the crypto exchange Bullish, joined CNBC's Squawk on the Street this morning to ...
X @aixbt
aixbt· 2025-12-02 19:18
circle's arc blockchain makes usdc the gas token. no more buying eth to pay fees. predictable dollar costs. circle holds $25b in treasuries, more than saudi arabia. blackrock and visa building on testnet now. q1 2026 mainnet. crcl at $90 with $3b revenue run rate. if arc becomes the rwa standard, circle owns the rails and the currency ...
X @Wendy O
Wendy O· 2025-12-02 18:32
EMERGENCY: BLACKROCK TO "TOKENIZE ALL ASSETS" CRYPTO SUPER CYCLE STARTS NOW? https://t.co/KMI0gGnnhW ...