Crypto whales continued to remain bullish on newly listed tokens on Binance — Peanut the Squirrel and Goatseus Maximus. On Saturday, a whale withdrew $7.12 million worth of PNUT from Binance today as the price rallied 2000% in a week. Alongside this, the whale also holds GOAT, which has risen 60% in the past week. The whale activity signals growing interest in meme coins. Crypto Whale Accumulates PNUT Worth Millions
Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, money market account (MMA) interest rates rose sharply. However, the Fed slashed the federal funds rate by 50 basis points in September and another 25 basis points in November. So deposit rates — including money market account rates — have started falling. It’s more important than ever to compare MMA rates and
Volcanoes were erupting on the mysterious far side of the moon billions of years ago, US and Chinese researchers have found. Analysis of samples collected by a Chinese mission found basalt (volcanic rock formed after an eruption) fragments dating back more than 4.2 billion years. The findings were published in the Nature and Science journals on Friday. While scientists already knew of volcanic activity on the near side of the
LONDON (Reuters) – British Prime Minister Keir Starmer said on Saturday he would defend decisions taken in his new Labour government’s first budget “all day long”, while farmers protested over changes to inheritance tax. Addressing the Welsh Labour Conference in Llandudno, north Wales, Starmer did not refer to the farmers’ complaints directly, but he said he stood by the decisions made in finance minister Rachel Reeves’ Oct. 30 budget statement.
Investing.com – Cardano was trading at $0.7410 by 07:20 (12:20 GMT) on the Investing.com Index on Saturday, up 14.21% on the day. It was the largest one-day percentage gain since November 15. The move upwards pushed Cardano’s market cap up to $26.0423B, or 0.86% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B. Cardano had traded in a range of $0.7035 to $0.7828 in the
A new study suggests that humanity is hitting the upper limit of life expectancy Source link
A widely followed cryptocurrency analyst and trader is turning bullish on a Dogecoin (DOGE) and Shiba Inu (SHIB) rival. The analyst pseudonymously known as Bluntz tells his 290,300 followers on social media platform X that the memecoin Pepe (PEPE) could soar more than 28% from its current value. The analyst practices the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave upside move after completing
Gary Gensler is widely popular in the crypto industry but for the wrong reasons, which Tyler Winklevoss recently shed light on. Over the years, the SEC (U.S. Securities and Exchange Commission), under his power, has charged 104 enforcement actions against crypto service providers. This has been a concern for business owners and investors over the future of this industry. However, these enforcement actions are not limited to just constraints. These
Several Republican lawmakers from the House of Financial Services Committee are questioning the US SEC’s silence over the functioning of Prometheum’s Ethereum custody services while labeling ETH as a “crypto asset security”. In a recent move, representative John Rose wrote a letter to SEC Chair Gary Gensler and FINRA President Robert Cook, slamming the securities regulator over the lack of clarity surrounding this classification. GOP Questions US SEC for Prometheum
Artificial intelligence (AI) is the biggest trend driving gains in the stock market since the start of the current bull market in October 2022. Companies have collectively added trillions of dollars to their market caps thanks to massive growth in AI spending and the opportunities generative artificial intelligence unlocks. But the AI boom may still have a long way to go. Generative AI cloud infrastructure could grow to a $470
