November 18, 20240 Comments

Bitcoin Price Near a Record High Might Be Just Half the Journey as BCA Research Signals BTC at $200K

“Despite bitcoin’s election-fueled rally, its 260-day complexity is not yet close to the 1.2 level that would signal the start of another crypto winter,” the BCA Research team led by Chief Strategist Dhaval Joshi said in a Nov. 14 note to clients. “Hence, while we should expect a near-term retracement, bitcoin’s structural uptrend is intact with an ultimate destination of $200,000+.” Source link

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November 18, 20240 Comments

Tesla (TSLA) stock up on report Trump wants to ease self-driving rules

Tesla CEO Elon Musk (R) joins former U.S. President and Republican presidential candidate Donald Trump during a campaign rally at the site of his first assassination attempt in Butler, Pennsylvania, on Oct. 5, 2024. Jim Watson | Afp | Getty Images Tesla shares jumped on Monday following a report that President-elect Donald Trump’s transition team are planning to make a federal framework to regulate self-driving vehicles a top priority for

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November 18, 20240 Comments

European tech CEOs urge ‘Europe-first’ mentality after Trump victory

Thomas Plantenga, CEO of used fashion resale app Vinted, on center stage during Web Summit 2024 in Lisbon, Portugal. Harry Murphy | Sportsfile for Web Summit Getty Images LISBON, Portugal — Tech CEOs in Europe are urging the region and all countries to take bolder action to tackle Big Tech’s dominance and counter reliance on the US for critical technologies like artificial intelligence after Donald Trump’s electoral win. The Republican

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November 18, 20240 Comments

JPMorgan’s Bitcoin (BTC) Retail Sentiment Score Hits Record High, MSTR’s Call Skew Soars

As BTC rose past the $93,000 mark last week and inflows into the U.S.-listed spot ETFs and crypto stocks surged, JPMorgan’s retail sentiment score rose to a record high of 4. The measure is designed to gauge the sentiment of retail investors toward cryptocurrencies, especially bitcoin, based on the activity in the family of BTC products, including spot ETFs. Source link

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November 17, 20240 Comments

SpaceX rival TEC raises $160 million for reusable space capsule

The Space Exploration develops a product called Nyx, a reusable capsule that can be launched from rockets into space carrying passengers and cargo. The Exploration Company (TEC) announced Monday it has raised $160 million to fuel development of its capsule that is designed to take astronauts and cargo to space stations. Venture capital firms Balderton Capital and Plural were the lead investors in the round which also included French government-backed

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