Author: bitlyfool
-
LayerZero confirms snapshot for possible airdrop
•
Interoperability giant LayerZero has announced a snapshot of an upcoming airdrop, which was first confirmed in December. LayerZero is a fully connected mesh network that allows smart contracts spread across different blockchains to interact with each other. This technology, called cross-chain interoperability, is touted as a key solution to the…
-
Schrodinger gets rights to cancer drug candidate back from Bristol
•
koto_feja Bristol-Myers Squibb (New York Stock Exchange: BMI) Rights to its preclinical cancer drug candidate, an SOS1 inhibitor, have been returned to Schrödinger (Nasdaq:SDGR). Schrödinger noted that he had submitted a candidate for development, and Bristol was conducting IND-enabled studies on it. The two companies Their collaboration began in 2020,…
-
Preview: March non-farm payrolls by the numbers — the highest consensus since 2022
•
Image by Amnesty International What to expect: Consensus Estimate +243K (range +150 to +280K) Special estimate +190k versus +232k previously February +303K Consensus estimate for unemployment rate: 3.8% vs. 3.8% previously Participation rate: 62.7% previously Previous underemployment U6 7.3% Average Hourly Earnings YoY Expected +4.0% YoY vs. +4.1% previously Average…
-
Sealana Dives into Solana Sea While Dogeverse Presale Hits $13M
•
The cryptocurrency market rose 2.5% on Thursday, indicating a bullish month of May. On the meme side of the market, silana (torrent) And DOGEVERSE Take center stage. Sealana is an overweight patriotic American seal who is desperate to get out of his mother’s basement. The Sealana pre-sale launched to a…
-
BlackRock reports first outflows as Bitcoin ETFs shrink 20% since March
•
The 10 U.S. Bitcoin ETFs Continue to Crash. On Wednesday, outflows from all ETFs were recorded for the first time, piling up the largest losses since trading began in January, with $563.7 million exiting funds, according to CoinGlass data. The latest numbers have been declining for about two months. In…
-
Pakistan pushes back deadline for expressions of interest to buy national airline By Reuters
•
ISLAMABAD (Reuters) – Pakistan will postpone the deadline for companies to express interest in buying national carrier Pakistan International Airlines to May 18, the privatization minister said on Thursday. The extension, announced in a statement by Investment and Privatization Minister Abdul Aleem Khan, came one day before the expression of…
-
Coal Miner Strikes $7 Million Bitcoin Gold With Excess Power
•
Alliance Resource Partners (ARLP), a publicly traded coal mining company, has successfully entered into a project Bitcoin mining. The pilot project, which began in 2020, generated significant revenue for ARLP by leveraging underutilized electricity at its River View mine. Bitcoin mining success and adaptability ARLP’s strategic foray into cryptocurrency mining…
-
Okiya Omtatah in court to cut mobile connection charges
•
Busia Senator Okiya Umtatah has moved to court seeking to overturn the Mobile Termination Rates (MTR) set by the Kenya Communications Authority (CA) last November, arguing that they are arbitrary and the highest in the region. The regulator set the mid-term price at Sh0.41 per minute on November 17, 2023,…
-
Binance Trial on Ice in Nigerian Court as Lawyers Demand Missing Documents
•
In a legal saga that has captured international attention, a Nigerian court has postponed the money laundering trial against cryptocurrency exchange Binance and two of its executives until May 17. The decision came after a lawyer representing the stock exchange informed the court that he had not been served. With…
-
LIVE – MicroStrategy World: Bitcoin for Corporations Day 2
•
Microstrategy’s annual Bitcoin for Corporations conference has kicked off its second day, featuring talks with leading finance, regulatory, and fintech professionals on the future of Bitcoin adoption for businesses. Discussions will center around the financial implications of the recently approved Spot Bitcoin ETFs in the US, the changing regulatory landscape…
-
UK House Prices Decline for Second Consecutive Month Amidst Rising Mortgage Rates
•
UK house prices fell significantly in April, recording the biggest fall since last summer, as rising mortgage interest rates restricted the purchasing power of potential buyers. According to Nationwide Bank, the main lending bank, house prices fell by 0.4 per cent last month, marking the second consecutive monthly decline and…
-
Yen slightly higher after suspected intervention By Reuters
•
Written by Karen Brettell NEW YORK (Reuters) – The yen rose slightly on Thursday after a surprise rise late Wednesday that analysts attributed to intervention by Japanese authorities, while the dollar also rose broadly. The yen’s sharp move on Wednesday came during a quiet period for markets after Wall Street…
-
Ripple Unlocks 1 Billion XRP From Escrow
•
On-chain data recently showed this ripple Implemented the monthly escrow opening for the month of May. As expected, this has raised concerns about how it will affect the price of XRP, especially since Ripple has been accused of doing so Token price manipulation. Ripple launches 500 million XRP tokens Onchain…
-
S&P 500 companies report bumper earnings but stocks not rewarded
•
Breadcrumb links Investor 79% of S&P 500 companies beat earnings expectations, but stock recovery did not materialize Article writer: Bloomberg News Sagarika Jaisinghani and Natalia Knyazevic Published on May 2, 2024 • Last updated 8 minutes ago • 3 minutes read You can save this article by registering for free…
-
FOMC Holds Rates Steady, Reiterates ‘Lack of Progress’ on Inflation
•
As expected, the Federal Open Market Committee (FOMC) kept interest rates unchanged at 5.25-5.50% during its May meeting. However, US central bank officials agreed to slow the pace of reducing bond holdings on their balance sheet, leading to a slight easing of monetary policy. The Federal Open Market Committee kept…
-
MicroStrategy Launches Groundbreaking Bitcoin-Based Decentralized ID System MicroStrategy Orange
•
Image from free stock photos In a landmark move for blockchain technology, MicroStrategy, a leading Bitcoin investment firm, proudly introduced its groundbreaking decentralized identity system, “MicroStrategy Orange.” Led by Michael Saylor, CEO, this innovative blockchain solution was unveiled at the “Bitcoin For Corporations” conference on May 1, marking a major…
-
Turkey bans exports of all goods to Israeli ports
•
Although no official statement was issued, Turkish ports have already begun to respond to instructions prohibiting the export of goods to the ports of Haifa and Ashdod in Israel, sources familiar with the matter told Globes. Meanwhile, Israeli goods arriving at Turkish ports are not allowed to unload their cargo.…
-
EURUSD falls below key moving averages and sees increased selling pressure.
•
EURUSD breaks lower and moves away from the 100/200 hourly moving averages Admittedly, EURUSD is trading near the middle of the range between 1.0550 and 1.0743. The range has been in effect for the last 6 trading days or so. When the market moves up and down, moving averages move…
-
Electric Coin Company distances from direct funding of Zcash
•
Electric Coin appears to be changing its Zcash funding approach, calling for decentralization. Electric Coin (ECC), the company behind the Zcash cryptocurrency, has announced a shift in its funding approach to the token, signaling a move away from direct protocol funding and calling for decentralization where the current development fund,…
-
Consolidated Water Sets First Quarter 2024 Investor Conference Call for Thursday, May 16, 2024 at 11:00 a.m. ET By Investing.com
•
GEORGE TOWN, Cayman Islands, May 02, 2024 (GLOBE NEWSWIRE) — Consolidated Water Co. Ltd. (:CWCO), a leading developer and operator of advanced water supply and treatment plants, held a conference call on Thursday, May 16, 2024 at 11:00 a.m. ET to discuss results for the first quarter ending March 31,…