$145M Bitcoin Surge as New Wallets Signal Bold Moves—Is an $88K Breakout Next? 
Trump Win Drives Bitcoin to Record $77K as Spot ETF Inflows Soar, Investors Bet on Fed Cut 
Italy’s Minister Open to Revising 42% Crypto Tax Amid Lawmaker Concerns 
What do people think about smartglasses? New research reveals a complicated picture 
Shiba Inu’s Shibarium on Verge of 480M Transactions as Bullish Momentum Builds 
Pinterest Revenue and Profit Surge as AI Investments Boost Advertisers and User Growth 
Qualcomm Surpasses Earnings Forecasts on Chinese Phone Demand; Shares Surge 8.5% 
Shiba Inu's Whale Activity Hits 6.47 Trillion Tokens, Bulls Anticipate Major Price Breakout 
Rivian Targets Q4 Profit with Cost Cuts, Green Credits Amid Lower EV Demand 
Tesla China Sees Strong October with 40K Domestic Sales, Model Y Leads Market Demand 
PEPE Breakout Nears With 200% Potential as Whales Withdraw Billions, 72% of Holders Profit 
Bitcoin May Offset US Deficit as Treasury Reserve—Tom Lee Eyes $150K Price 
Kia Debuts EV9 ADVNTR and PV5 WKNDR Concepts, Designed for Ultimate Outdoor Exploration 
Shiba Inu's Shytoshi Kusama Pursues Vitalik Buterin: 'Wen 10 Minute Discussion' for SHIB's Future? 
Tesla Price Target Raised 32% by Bank of America After Trump’s Election Win 
Ethereum Hits $3.2K, Surpasses Bank of America Market Cap as Bitcoin Soars Past $79K 
Nintendo will release the successor to its Switch console as early as March 2025, according to a report published on Monday by Nikkei.
Nintendo Switch 2 Launch Delayed to 2025, Shares Dip Amidst Market Speculation
According to Nikkei (via Reuters), while market observers had anticipated the release this year, the organization placed emphasis on optimizing the initial sales process of the successor.
Last week, Nintendo shares declined following a report that speculated the release of the Switch 2, the subsequent iteration of the company's primary gaming console, would be postponed.
In Japan, Nintendo's stock closed down 5.84%.
Bloomberg previously reported, citing sources with knowledge of the matter, that Nintendo informed game publishers that the Switch 2 would be delayed until early 2025.
According to the report, Nintendo had aimed to release the console by the end of this year but informed game developers that it could potentially slide into next year.
Nintendo did not promptly respond to a request for comment upon being contacted.
Nintendo's Stock Rises on New Console Hype, Despite Potential Switch Successor Delay
Analysts who previously stated their anticipation of releasing a new Switch console in the latter part of this year concurred with CNBC.
A portion of the 53% increase in Nintendo's stock price over the past year can be attributed to investors anticipating the release of a new console, which could provide a boost to the Japanese gaming behemoth.
Despite its nearly seven years old, Nintendo has maintained momentum for the Switch by releasing "Super Mario Bros. Movie" and a new Zelda game that has increased interest in the device.
Nintendo increased its sales forecast for the Switch for the fiscal year ending in March from 15 million units to 15.5 million units this month.
The organization has maintained a tight-lipped stance regarding the successor to the Switch. A device delay and early 2025 release would result in the omission of the crucial holiday season in December.
Photo: Daniel Rykhev/Unsplash
