November 15, 20240 Comments

MOODENG Price Rockets 26% Amid Major Listing, Rally To Continue?

Solana meme coin Moo Deng (MOODENG) price witnessed a remarkable 20% uptick in value on Friday, sparking market optimism against the backdrop of a major listing for the crypto. Notably, leading Asian crypto exchange OKX announced that it is adding the meme coin to its stockpile of trade offerings, generating investor curiosity globally. Crypto market enthusiasts speculate whether the listing could help the token sustain a rally amid a bullish

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November 15, 20240 Comments

US stocks have already reversed a third of post-election rally

(Bloomberg) — A pullback in the S&P 500 (^GSPC) that’s already trimmed about a third off the index’s post-election rally is set to continue Friday, as sticky inflation and hawkish comments from the Federal Reserve weigh on sentiment. Most Read from Bloomberg S&P 500 futures were down 0.6% as of 4:28 a.m. in New York, extending Thursday’s decline. Contracts tracking the Nasdaq 100 (^NDX) dropped 0.9%, while those tied to

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November 15, 20240 Comments

UN climate talks ‘no longer fit for purpose’ say experts

getty Recent deadly floods in Valencia, Spain, were made worse by climate change, scientists say The United Nations’ COP climate talks are “no longer fit for purpose” and need an urgent overhaul, key experts including a former UN secretary general and former UN climate chief have said. In a letter to the UN, senior figures say countries should not host the talks if they don’t support the phase out of

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November 15, 20240 Comments

Europe’s flying taxi dreams falter as cash runs short

Volocopter The VoloCity made demonstration flights in Paris over the summer One of the innovations at this year’s Paris Olympics was supposed to be an electric flying taxi service. Germany’s Volocopter promised its electric-powered, two-seater aircraft, the VoloCity, would be ferrying passengers around the city. It never happened. Instead the company ran demonstration flights. While missing that deadline was embarrassing, behind the scenes a more serious issue was playing out

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November 15, 20240 Comments

Watch Fed Chair Powell speak live to business leaders in Dallas area

[The stream is slated to start at 3 p.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell speaks Thursday to business leaders in the Dallas-Fort Worth area on monetary policy. Powell is delivering a speech followed by a Q-and-A session. The appearance comes one week after policymakers again voted to lower their key interest rate by a

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November 15, 20240 Comments

Gold prices fall on dollar strength as Powell signals cautious rate-cut approach By Investing.com

Investing.com — Gold prices drifted lower Thursday, falling near to a two-month low, as the dollar strengthened after Federal Reserve chairman Jerome Powell signaled that the Fed could take a careful approach to further rate cuts.  At 12:00 ET (17:00 GMT), fell 0.2% to $2,564.66 an ounce, while expiring in December slid 0.6% to $2,570.60 an ounce. Spot gold was nursing an over 8% slide from a record high hit

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November 15, 20240 Comments

US finalizes $6.6 billion chips award for TSMC ahead of Trump return By Reuters

By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co’s U.S. unit for semiconductor production in Phoenix, Arizona. The binding contract – after a preliminary agreement announced in April – is the first major award to be completed under the $52.7 billion program created in 2022. It comes just weeks before President-elect Donald Trump, who

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November 15, 20240 Comments

Crypto Analyst Says Bitcoin’s Parabolic Phase Has Begun, Outlines Time Left Before BTC Hits the Bull Market Peak

An analyst is leaning bullish on Bitcoin (BTC) amid the flagship crypto asset’s rally to a new all-time high of around $93,500. The analyst pseudonymously known as Rekt Capital tells his 95,400 YouTube subscribers that Bitcoin has finally broken into the “parabolic phase of the cycle.” “So we’re going to see multiple weeks of upside… before we see the first sort of correction.” According to the pseudonymous analyst and trader,

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November 15, 20240 Comments

Will XRP Price Triple If Gensler Resigns?

Gary Gensler’s potential resignation as SEC chair has sparked optimism about XRP price performance within the crypto community. The asset outperformed the market over the last 24 hours, surging 15.9% to a $0.8386 daily high before retracing and stabilizing at its current price of $0.7978. The SEC, headed by Gary Gensler was in the process of appealing the latest ruling by Judge Analisa Torres before Donald Trump won the presidential

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