Billionaire entrepreneur Elon Musk has confirmed that he intends to integrate payments into what he describes as Twitter 2.0 — “The Everything App” — fuelling a short-lived 19.4% price surge for meme-inspired cryptocurrency Dogecoin (DOGE). The new Twitter CEO revealed his plans in a Nov. 27 tweet to his 119.2 million followers, in which he
Bitcoin (BTC) has been trading in a tight range since Thanksgiving Nov. 24, as traders are uncertain about the next directional move. Usually, in a bear market, analysts tend to become uber-bearish and project targets that tend to scare away investors. The failure of Bitcoin to start a strong recovery has given rise to several
Protests in Shanghai escalated on Sunday evening as police struggled to disperse large crowds who gathered in the city, part of a nationwide movement that poses one of the most brazen challenges to the Chinese Communist party’s authority in decades. The unrest began on Saturday night and centred on a road named after the Chinese
In this article COST MRVL NVDA Follow your favorite stocksCREATE FREE ACCOUNT Jensen Huang, CEO of Nvidia, shows the NVIDIA Volta GPU computing platform at his keynote address at CES in Las Vegas, January 7, 2018. Rick Wilking | Reuters Even though the holiday week ended on a positive note for stocks, more volatility is
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Emily Dickinson was born December 10, 1830; the coming anniversary will mark her 193rd birthday. Few 19th century women have had her staying power. Little known during her life, she is regarded as one of the greatest figures of American letters who wrote 1,800 poems that continue to hold our attention and evoke our admiration.
Elon Musk’s tumultuous reign at Twitter has led to a damaging rift with top brands and marketers, with the social media company’s $5bn-a-year advertising business hit by tensions over content moderation and resources. Multiple top advertising agencies and media buyers told the Financial Times that nearly all of the big brands they represent have paused
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We have seen the oil and materials stocks get killed by the Saudis. Think of it from their perspective. They think they have a great ally in the USA. Then, the USA makes a deal with the Iranians. Oil will flow from Iran now, and the USA is production shale oil using new technologies. Then,
Warren Buffett donated more than $750 million in Berkshire Hathaway stock to four foundations associated with his family on Thanksgiving eve, and the legendary investor said the timing was no coincidence as this is his way of giving thanks to his children for their charitable work. “I’ve got a personal pride in how my kids turned out,”
Bitcoin (BTC) has been trading near $16,500 since Nov. 23, recovering from a dip to $15,500 as investors feared the imminent insolvency of Genesis Global, a cryptocurrency lending and trending company. Genesis stated on Nov. 16 that it would “temporarily suspend redemptions and new loan originations in the lending business.” After causing initial mayhem in
In this article MANU LU AAPL Follow your favorite stocksCREATE FREE ACCOUNT Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading Friday. Apple — Apple’s stock shed 2% on Friday after
Despite the market downturn and the widespread negative sentiment in the industry in the wake of the FTX collapse, on-chain data still show reasons to be bullish on Bitcoin (BTC). As pointed out by on-chain analyst Will Clemente, it’s enough to look at the positions of long-term holders, which reached an all-time high despite their
EU ministers say that time is running out to resolve the worsening dispute with the US over Washington’s $369bn in green subsidies as they seek to head off a transatlantic trade war. Brussels and Washington have set up a task force to address the impact of the Inflation Reduction Act (IRA) and its “buy American”
FTX’s collapse dealt a major blow to the already fragile sentiment among cryptocurrency investors. Although a quick recovery is unlikely, Blockchain analysis firm Chainalysis said that the crypto universe could emerge stronger from this crisis. Chainalysis’ research lead Eric Jardine arrived at the conclusion after comparing FTX’s fall to that of Mt. Gox. Another calming
In this article TSLA ATVI MANU BBBY Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Activision Blizzard (ATVI) – Activision Blizzard slid 3.3% in premarket trading after Politico reported the Federal Trade Commission is likely to sue to block Microsoft‘s $69 billion purchase of the videogame publisher. Tesla
Just days after reassuring concerned customers, Marius Reitz, the general manager of crypto exchange Luno Africa, recently reiterated the company has not been impacted by Genesis Capital’s decision to pause withdrawals. He added Luno customers still have access to funds in the savings wallet despite its lending partner’s decision to freeze withdrawals. Customers Retain Access
Tycoon Gordon Tang and his wife Celine are proposing to take Chip Eng Seng private in a deal that values the Singapore-listed property and construction company at $565 million ($412 million). The couple’s Tang Dynasty Treasure offered to buy the rest of Chip Eng Seng for S$0.72 a share, according to regulatory filings on Thursday.
Zero-knowledge (ZK)-Rollup tech company StarkWare has officially open sourced its new programming language compiler, Cairo 1.0, which will soon be supported on Ethereum layer-2 scaling solution StarkNet in Q1 2023. The news was announced by StarkWare — the company behind StarkNet — in a Nov. 25 Twitter post. StarkWare’s rollup technology and recursive proofs offer