November 7, 2024

Ethereum Foundation Launches Pectra Tesnet ‘Mekong’, ETH Price Set For $4000

Ethereum Foundation on Thursday announced launch of its first short-lived Pectra testnet ‘Mekong.’ This testnet includes all the EIPs proposed for the upcoming Pectra upgrade on the Ethereum network. Will this trigger ETH price rally to $4000 as the price jumped 8% in the last 24 hours? Ethereum Foundation Introduces Mekong Tesnet for Pectra In an official announcement by Ethereum Foundation on November 7, the first short-lived Mekong testnet was

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November 7, 2024

What Are Today’s Double-Digit Gaining Trending Crypto Coins?

With the transition to November, the crypto market began indicating the possibility of a complete uptrend for crypto coins under the influence of the US Presidential elections. Now, with Donald Trump becoming the 47th US President, the market has been up since yesterday, as Bitcoin and many altcoins surged to a new ATH. With that, the user sentiments have again turned to greed, indicating the possibility of further gains. Interestingly,

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November 7, 2024

How Far Can Cardano Price Rise in November?

Cardano (ADA) price has significantly increased in the last 24 hours, following a broader market surge. The altcoin’s positive trend comes amid increased investor interest as the cryptocurrency market rallies after the recent U.S. elections. Notably, Cardano’s surge aligns with other altcoins that have also rebounded, strongly eyeing more gain in November and further attracting attention from analysts.  Will Cardano Price Hit New Peaks in November Amid Major Upgrades? Cardano’s

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November 7, 2024

S&P 500, Nasdaq edge higher with Trump election win, Fed in focus

US stocks stepped higher on Thursday, eyeing a return to the Trump rally as investors mapped out the next president’s likely impact on markets and awaited the Federal Reserve’s policy decision. The Dow Jones Industrial Average (^DJI) hovered near the flatline, on the heels of a 1,500-point gain that marked the blue-chip gauge’s best day since 2022. The S&P 500 (^GSPC) rose roughly 0.4%, while the tech-heavy Nasdaq Composite (^IXIC)

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November 7, 2024

Mnuchin says Trump’s top priorities will include tax cuts and tariffs

President-elect Donald Trump likely will return to cornerstones of his previous economic platform such as tariffs, lower taxes and sanctions when he assumes office in January, his former Treasury secretary said Thursday. Steven Mnuchin, who held the post throughout Trump’s first term from 2017-21, told CNBC that he sees those items as critical to the Republican’s agenda. Tax cuts are “a signature part of his program,” Mnuchin said in a

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November 7, 2024

LYFT, SEDG, QCOM, MRNA and more

Check out the companies making headlines in premarket trading. Lyft — The rideshare stock advanced more than 23% after a stronger-than-expected fourth-quarter outlook. Lyft expects bookings in the current quarter of $4.28 billion to $4.35 billion, while analysts polled by FactSet expected $4.23 billion. Arm Holdings — Shares of the semiconductor company slipped about 7% despite second-quarter results surpassing Wall Street estimates. Arm reported adjusted earnings per share of 30

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November 7, 2024

Warner Bros. Discovery (WBD) earnings Q3 2024

Jakub Porzycki | Nurphoto | Getty Images Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for the streaming platform since its inception. Max now has 110.5 million subscribers as of Sept. 30. Warner Bros. Discovery’s flagship streaming service has been growing its subscriber base at a fast clip this year since expanding internationally during

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November 7, 2024

Blockstream Opens R&D Center in Lugano, Switzerland

Blockstream, the development firm led by early Bitcoin developer Adam Back, has opened an R&D hub in Lugano, Switzerland, “to foster fintech innovation on Bitcoin’s Liquid and Lightning networks,” according to the team: “The new center aims to significantly increase innovation on layer 2’s by collaborating with local startups and partners, providing resources, mentorship, as well as grants to standout projects. The initiative builds on successful events co-hosted by Blockstream

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