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skolnes

skolnes

  • Altcoin

    Top Analyst Says Ethereum Rival Coming in Hot, Sees Altcoin Mirroring Sui’s Explosive Rally

    by skolnes September 26, 2024
    September 26, 2024

    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 skolnes September 25, 2024
    September 25, 2024

    Getty; 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 skolnes September 25, 2024
    September 25, 2024

    Congressman 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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  • Bitcoin News

    Nigerian Currency Plunges After Central Bank Rate Hike

    by skolnes September 25, 2024
    September 25, 2024

    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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  • Cryptocurrency News

    Micron Soars After AI Computing Demand Bolsters Forecast

    by skolnes September 25, 2024
    September 25, 2024

    (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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  • Bitcoin News

    Saudi Arabia Leads MENA in Crypto Growth for Second Year Running

    by skolnes September 25, 2024
    September 25, 2024

    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 skolnes September 25, 2024
    September 25, 2024

    A 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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  • Cryptocurrency News

    Breaking down Intel’s wild week

    by skolnes September 25, 2024
    September 25, 2024

    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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  • Bitcoin News

    Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement

    by skolnes September 25, 2024
    September 25, 2024

    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 September 25, 2024
    September 25, 2024

    (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 …

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