November 10, 20240 Comments

Bitcoin hits $80,000 for the first time as crypto traders bask in Trump election victory

Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Cryptocurrencies extended their rally on Sunday, with bitcoin touching $80,000 for the first time ever. The price of the flagship cryptocurrency was last higher by 4.5% at $79,800.19, according to Coin Metrics. Ether rose 3%, after passing the $3,000 level on Saturday. It last changed hands at $3,203.10. Smaller coins saw bigger moves as investors continued to digest the implications

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November 10, 20240 Comments

$33,000,000,000,000 ‘Wall of Debt’ Descending on Globe As Governments Face Financial Day of Reckoning: Report

Governments around the world are facing a major day of reckoning on trillions of dollars of debt. A so-called “maturity wall” of debt that advanced economies must refinance will descend by 2026. And that great wall of debt is projected to accumulate to more than $33 trillion by the time it needs refinancing, reports the Financial Times. That represents a near 20% increase in the annual debt refinancing requirement and

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November 10, 20240 Comments

3 Crypto Coins That Could Skyrocket 500%+ If Bitcoin Hits $100K by Year’s End

With Bitcoin price hitting an all-time high of $77,252.75, the cryptocurrency market is speculating the next move, bullish at $100,00 for the leading crypto asset. When the value of BTC rises, usually, it causes a ripple effect as interest in altcoins increases, many of which can offer significant returns. Let’s delve into three crypto coins-Rexas Finance (RXS), Solana (SOL), and Cardano (ADA)—that may achieve increases of 500% or greater if

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November 10, 20240 Comments

The Future of Polygon? AggLayer Insights from Bangkok Summit

Polygon AggLayer Summit begins today in Bangkok, bringing together top industry leaders to discuss blockchain future. The event will focus on addressing fragmentation and exploring aggregation solutions for Web3. Experts will discuss important topics such as zero-knowledge research, proof aggregation, and improving blockchain connectivity. This summit aims to set the stage for the next phase of blockchain innovation. AggLayer Summit Kicks Off in Bangkok The AggLayer summit kicks off today

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November 10, 20240 Comments

Dogecoin’s Parabolic Rise: Altcoin Rival Heating Up

Dogecoin (DOGE) has captured the attention of crypto enthusiasts and analysts alike with its unexpected surge in value in recent weeks. The once-meme coin has seen a remarkable rise, sparking excitement about its potential for a significant bull run.  With Trump’s presidential victory and Elon Musk’s vocal support as a backdrop, Dogecoin’s price has been breaking through key resistance levels.  However, as DOGE begins its parabolic ascend, another altcoin, currently

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November 10, 20240 Comments

Nvidia’s Latest Move Just Gave Supermicro Investors Some Epically Bad News

There has been no other company in the artificial intelligence (AI) realm that’s been watched as closely as Nvidia (NASDAQ: NVDA) over the last couple of years. Nvidia’s role in the AI narrative is so prominent that any announcement the company makes has the power to swing the capital markets at this point. As the company’s upcoming launch of its new Blackwell graphics processing unit architecture (GPU) looms, all eyes

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November 10, 20240 Comments

Boeing machinists end strike, approve labor contract with 38% raises

Boeing machinists approved a new labor deal Monday, ending a costly seven-week strike that halted most of the company’s aircraft production, worsening its mounting losses. Machinists voted 59% in favor of the new contract, which includes 38% wage increases over four years and other improvements. The approval is a relief for Boeing’s new CEO, Kelly Ortberg, who took the top job in August to steer the company through its safety

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