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China's Combat Metals Ban, Nvidia's Newest Bet, And Uranium On The Blockchain

China's Combat Metals Ban, Nvidia's Newest Bet, And Uranium On The Blockchain

The markets and trends that matter, made simple. Discover what’s next.

December 03, 2024

China Is Banning Exports Of Critical Combat Metals To The USA

China officially announced they will ban the exportation of gallium, germanium and antimony to the United States of America. These rare minerals have exceptionally important combat and military applications and few large deposits in North America.

Nvidia Is Backing This Publicly Traded AI Cloud Computing Company

Nebius (NASDAQ: NBIS) raised $700 million in a new equity financing round led by Nvidia. Nebius is planning to use the new growth capital to begin rapidly scaling up the construction of new data centres for the purpose of artificial intelligence cloud computing as well as launching new GPU clusters.

Tezos Is Putting Uranium On The Blockchain

Tezos launched a new blockchain based platform for being able to directly purchase physical uranium. Cameco (NYSE: CCJ) has been selected to securely store the physical uranium, which will then be tokenized through smart contracts built on top of the Tezos blockchain and can be bought and sold in small, fractional quantities to individual investors.

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The Sprint

Marathon Digital (NASDAQ: MARA) entered into a new deal to acquire a wind farm located in Texas to power Bitcoin mining operations.
The United States Department of Veterans Affairs is committing $1.5 million to funding a new study focused on MDMA assisted therapy for treating PTSD and alcohol use disorder in veterans.
Coinbase (NASDAQ: COIN) launched a new integration with Apple Pay that allows users to instantaneously convert fiat into crypto and digital assets.
Multiple large asset management companies have officially filed applications with the United States Securities and Exchange Commission to list a spot XRP ETF on a major stock exchange.
Safe Pro Group (NASDAQ: SPAI) successfully validated their drone technology for use in emergency response situations as part of an ongoing pilot project with a Florida based police force.
Public, the popular retail investing platform, has raised $135 million in new capital in a round led by Accel.
24 Exchange has been officially granted approval from the United States Securities and Exchange Commission to become the first ever around-the-clock stock exchange in North America.

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