US stocks hovered near record highs on Friday, with the Nasdaq lagging as post-election euphoria ebbed and China’s latest stimulus plan fell flat. The S&P 500 (^GSPC) rose 0.3%, while…
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Germany’s economic troubles deepen as the ruling coalition disintegrates, exacerbating issues like shrinking investment and consumer confidence. Chancellor Olaf Scholz dismissed Finance Minister Christian Lindner, signaling a potential snap election.…
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Cryptocurrency News
Paramount posts another quarter of streaming profit, but linear TV and studio struggles pressure revenue
Paramount Global (PARA) reported third quarter earnings before the bell on Friday that showed further improvement in its streaming business it gets ready to combine with Skydance Media. The media…
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Bitcoin News
Swiss National Bank Chair Flags Crypto Risks, Calls Bitcoin and Ether a ‘Niche Phenomenon’
Swiss National Bank (SNB) Chairman Martin Schlegel has cautioned about cryptocurrencies like bitcoin and ether, describing them as volatile and energy-intensive, and highlighting links to illegal activities that complicate regulation.…
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US stocks struggled to hold near record highs on Friday, with the Nasdaq slipping as post-election euphoria ebbed and China’s latest stimulus plan fell flat. S&P 500 futures (ES=F) slipped…
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Altcoin
Analyst Says Low-Cap Ethereum-Based Altcoin Is Looking Exceptionally Strong, Updates Outlook on Aave and Pepe
A closely followed crypto analyst believes that one Ethereum (ETH) restacking protocol is starting to look extremely bullish. Pseudonymous analyst Altcoin Sherpa tells his 226,300 followers on the social media…
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Cryptocurrency News
Paramount earnings show another quarter of streaming profits but linear TV, studio struggles pressure revenue
Paramount Global (PARA) reported third quarter earnings before the bell on Friday that showed further strength in streaming as it gets ready to combine with Skydance Media. The media giant…
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PRESS RELEASE. Geneva, Switzerland, November 7, 2024 – TRON DAO has officially launched the TRON-Peg USD Coin on the TRON blockchain, an innovative cross-chain solution designed to streamline borderless transactions…
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South Korean crypto exchange Korbit has partnered with Coinbase to bring Base Chain onto the platform. Now, users can perform Base Chain deposits and withdrawals directly on Korbit. According to…
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Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, money market account (MMA) interest rates rose sharply. However, the Fed slashed…