November 8, 20240 Comments

Analysis-Trump’s win emboldens dollar bulls as they brace for tariffs By Reuters

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Donald Trump’s imminent return to the White House is putting a spotlight on the U.S. dollar, which could have far-reaching implications for everything from domestic manufacturers to emerging markets if the currency’s rally continues. The U.S. currency notched its biggest one-day gain against its peers in eight years on Wednesday, one day after Trump was re-elected president and Republicans won control of

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November 8, 20240 Comments

Financial Literacy Month seeks to break taboos around money

Breadcrumb Trail Links Personal Finance Speaking about money builds financial confidence, FCAC says Published Nov 06, 2024  •  Last updated 1 day ago  •  2 minute read You can save this article by registering for free here. Or sign-in if you have an account. ‘Money on your mind? Talk about it!’ is the theme of this year’s Financial Literacy Month campaign. Photo by Getty Images/iStockphoto Reviews and recommendations are unbiased and

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November 8, 20240 Comments

BTC in Price Discovery Mode Following Record High

Traders are eyeing $100,000 as the next level of interest for bitcoin’s price, though there is likely to be a period of consolidation first, according to some analysts. BTC is riding the wave of President-elect Trump’s victory and the Fed’s expected 25 basis-point interest rate cut on Thursday. There are some concerns about a short-term pullback given Trump’s proposed tariffs on China and fiscal concerns like rising national debt. BTC

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November 8, 20240 Comments

White blobs washing up on Newfoundland beaches stump experts and worry resident beachcombers

Toronto — Beaches across Canada’s far northeast Newfoundland and Labrador province have increasingly been littered with mysterious white blobs. Their appearance has so far befuddled scientists, and led Canadian officials in the region to launch an investigation. Beachgoers first noticed the unusual blobs on the shores of Newfoundland and Labrador in September. People quickly started sharing photos of the gelatinous clumps on a Facebook group with more than 40,000 members that

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November 8, 20240 Comments

Analyst Says Low-Cap Ethereum-Based Altcoin Is Looking Exceptionally Strong, Updates Outlook on Aave and Pepe

A closely followed crypto analyst believes that one Ethereum (ETH) restacking protocol is starting to look extremely bullish. Pseudonymous analyst Altcoin Sherpa tells his 226,300 followers on the social media platform X that Eigenlayer (EIGEN) may continue to surge for several factors. “One coin/trade I haven’t seen on the timeline at all is EIGEN. ETH season probably coming. Hot new coin with former insane hype and current underpriced fully diluted

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November 8, 20240 Comments

81 Arrested After Scammers Made This Mistake

Crypto scams have surrounded the industry, where scamming incidents have grown exponentially. The most recent news from South Korea uncovered a new type of investment scam. Not crypto hacks or thefts, the swindlers are now targeting people with high-yield investment scams. With that, they have allegedly scammed $1.6M from victims, but one mistake made them get caught, leading to their arrest. South Korea is finally seeing a wave of cryptocurrency

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November 8, 20240 Comments

Chainlink Price Preps a 50% Surge As BlockTower Buys DeFi Tokens

Chainlink price rose for four consecutive days and retested an important resistance level. LINK surged to a high of $12.97 as BlockTower Capital started buying DeFi tokens. It also rallied as third-party data showed that inflows were rising. It has jumped by 60% from its August lows. Chainlink Price Surges Amid BlockTower Purchases LINK price rallied after a report by LookOnChain showed that BlockTower was accumulating popular DeFi tokens like

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November 8, 20240 Comments

Drift Price Skyrockets 100% To Hit ATH On Major Listing

South Korea’s leading crypto exchange Upbit has announced the listing of Drift token, triggering investor interest to hit an all-time high. DRIFT price saw an explosive rally of 100% to hit a new all-time high after the listing on the exchange. DRIFT’s rapid momentum signals strong potential in the DeFi space. This milestone has solidified Drift Protocol’s position as a major player in the market. Upbit Announces Drift Listing According

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November 8, 20240 Comments

S&P 500 and Nasdaq extend rally after Fed cuts rates and hints at more ahead. Dow ends flat

U.S. stocks mostly extended their big post-election rally on Thursday, with all three major indexes touching record highs during the session after the Federal Reserve trimmed interest rates. The Fed lowered its short-term, benchmark fed funds rate by a quarter-percentage point to between 4.5% to 4.75%, down from a 23-year high of 5.25% to 5.5% just a couple of months ago. It was the second straight cut and off the heels

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