BNB price recoiled to $622 on Friday, November 15 as the recent bull run faded. It has dropped by over 6% from its highest level this week, bringing its market cap to $89 billion. This retreat mirrored the performance of other popular cryptocurrencies like Bitcoin and Ether. Still, analysts are optimistic that the Binance Coin price has more room to run, as bulls target $1,000. BNB Price Could Rebound As
The crypto market experienced a significant decline as Bitcoin price decreased by 5%, dropping to approximately $87,000 from a high of $93,000. Altcoins have suffered even more, with certain ones experiencing a decrease of 10-20%. The worldwide market value dropped from above $3 trillion to $2.9 trillion. This opportunity allows participants to purchase altcoins that are currently being undervalued. With Bitcoin expected to hit $100K by the end of December,
Dogecoin whales are on a buying spree, despite the DOGE noting a retreat today, sparking speculations in the market. A top crypto market expert highlights that the DOGE whales have accumulated over $55 million of the top meme coins in the last 24 hours, indicating the growing confidence of the investors. Having said that, many in the digital assets space, especially the meme coin sector, anticipate a breakout ahead for
A Dogecoin lawsuit against Elon Musk has come to a close after investors decided to withdraw their appeal. The case, which accused Musk of fraud and insider trading related to the cryptocurrency, had been dismissed earlier this year. The withdrawal also includes a request to drop related sanctions against Musk’s lawyers, marking the end of a high-profile legal battle in federal court. Dogecoin Lawsuit Against Elon Musk and Tesla Ends
By Mike Scarcella (Reuters) – Billionaire entrepreneur Elon Musk expanded his lawsuit against ChatGPT maker OpenAI, adding federal antitrust and other claims and adding OpenAI’s largest financial backer Microsoft as a defendant. Musk’s amended lawsuit, filed on Thursday night in federal court in Oakland, California, said Microsoft and OpenAI illegally sought to monopolize the market for generative artificial intelligence and sideline competitors. Like Musk’s original August complaint, it accused OpenAI
U.S. Secretary of Energy Jennifer Granholm speaks to the media on day five at the UNFCCC COP29 Climate Conference on November 15, 2024 in Baku, Azerbaijan. Sean Gallup | Getty Images News | Getty Images A potential decision by Donald Trump to walk back the Biden administration’s climate-geared projects would impact jobs in areas governed by the President-elect’s own party, outgoing U.S. Energy Secretary Jennifer Granholm told CNBC, urging consistency
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT – General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the decision. The layoffs, which were announced Friday morning to those impacted, were across the business.
Check out the companies making headlines before the bell: Applied Materials — Shares tumbled more than 8% after the semiconductor equipment manufacturer offered weak revenue guidance for the current quarter. Applied Materials said it forecasts $7.15 billion in the first fiscal quarter, under the estimate of $7.224 billion from analysts polled by LSEG. The company also reported better-than-expected fiscal fourth-quarter results and provided a strong outlook for adjusted earnings per
JUST IN: The following companies to resume advertising on X (Twitter) after boycotting: • IBM• Disney • Comcast • Discovery • Warner Bros • Lionsgate Entertainment @WatcherGuru
The billionaire accused the ChatGPT maker of anticompetitive behavior in new court filings. Source link
