A crypto strategist closely followed for well-timed altcoin predictions thinks one Ethereum (ETH) challenger is ripe to ignite big upside bursts. Pseudonymous analyst Bluntz tells his 275,500 followers on the…
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Cryptocurrency News
Stocks are mirroring the early days of one of history’s biggest bull markets, hedge fund manager says
by skolnesGetty; Chelsea Jia Feng/BI Hedge fund manager Eric Jackson believes an ‘everything rally’ can take hold in the stock market. Jackson compared the current economic environment to the 1982 bull…
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Bitcoin News
Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’
by skolnesCongressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy while addressing…
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The Nigerian Naira weakened significantly against the U.S. dollar following the Central Bank of Nigeria’s (CBN) decision to hike interest rates for the fifth time this year. The naira dropped…
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(Bloomberg) — Micron Technology Inc., the largest US maker of computer memory chips, surged in late trading after giving surprisingly strong sales and profit forecasts, helped by demand for artificial…
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Saudi Arabia has emerged as the fastest-growing crypto economy in the Middle East and North Africa (MENA) region for the second consecutive year. Unlike other MENA countries, Saudi Arabia’s and…
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Bitcoin News
Cryptocurrency and Stocks Show High Correlation Levels as Macroeconomics Start Driving Markets
by skolnesA Bloomberg analysis found that cryptocurrency and stock markets have shown a high correlation after the latest set of Federal Reserve interest rate cuts. According to analysts, this related movement…
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Intel (INTC) is in the midst of one of the most tumultuous periods in its 56-year history. Declining sales, missed opportunities to compete in the AI space, and a massive…
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Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin…
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Cryptocurrency News
Micron forecasts upbeat first-quarter revenue on strong demand for memory chips
by skolnes(Reuters) -Micron Technology (MU) forecast first-quarter revenue above Wall Street estimates on Wednesday, betting on strong demand for its high bandwidth memory (HBM) chips used by the AI industry, sending…