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Analyst Eyes $6,000 For Ethereum As Key Support Level Emerges – Details
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Ethereum’s price action has caught the attention of investors and analysts alike, as it is trading near a critical support level at… $2600. Analyst Ali Martinez has identified this area as the critical threshold that Ethereum will cross before making its next important move. If this support continues, according to…
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Analyst Eyes $6,000 For Ethereum As Key Support Level Emerges – Details
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Ethereum’s price action has caught the attention of investors and analysts alike, as it is trading near a critical support level at… $2600. Analyst Ali Martinez has identified this area as the critical threshold that Ethereum will cross before making its next important move. If this support continues, according to…
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Bitcoin Taps $69,000 With ‘Bullish Setup’ As US Elections Near: New ATH Soon?
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Today, Bitcoin (BTC) briefly traded above $69,000, approaching its all-time high (ATH) value of $73,737 set earlier this year in March. Bitcoin’s “bullish setup” is reminiscent of the 2020 rally After months of sideways price movement since March, BTC is constantly trying to reach a new ATH as the US…
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Intel weighs up future of $650m Israeli acquisition Granulate
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There has perhaps never been a better time for Tal Siaj and Asaf Ezra, the entrepreneurs behind the Israeli cloud optimization solutions company granular. In 2022, they sold the company to Intel for $650 million, after raising just $45 million. In the same month, the US Federal Reserve raised interest…
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Intel weighs up future of $650m Israeli acquisition Granulate
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There has perhaps never been a better time for Tal Siaj and Asaf Ezra, the entrepreneurs behind the Israeli cloud optimization solutions company granular. In 2022, they sold the company to Intel for $650 million, after raising just $45 million. In the same month, the US Federal Reserve raised interest…
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Neiro Breaks Above Key Level After 10% Drop, Is $0.0020 Next?
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This article is also available in Spanish. Despite the recent decline in Neiro (NEIRO) prices, analysts and investors appear to be bullish on memecoin. Some market watchers have noted the cryptocurrency’s potential, suggesting levels to watch before the next bullish surge. Related reading Nero sees 10% weekly correction Neiro made…
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Long before Polymarket, election polls and predictions were always a form of popular entertainment with a checkered record of accuracy
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Election polls can seem dreary, ambiguous, and shrouded in data and arcane jargon. But upon closer inspection, it is clear that they possess and display an unexpected degree of entertainment value – e.g Cartoonistslate night comedians and pollsters themselves have periodically noted over the years. This rarely recognized feature may…
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FTX Secures Massive $228 Million Agreement To Withdraw Assets From Crypto Exchange Bybit
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In an ongoing bid to reclaim assets to repay creditors hurt by its 2022 collapse, defunct cryptocurrency exchange FTX, which was run by disgraced convict Sam Bankman Fried for 25 years, has reached an agreement with UAE-based cryptocurrency platform Bybit, allowing it to withdraw. assets as part of a $228…
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KenGen doubles dividend payout after 35pc profit rise to Sh7bn
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Electricity generating company KenGen has doubled its dividend to Sh0.65 per share after recording a significant increase in net profit for the year ending June 2024. The company made a profit after tax of Sh6.79 billion for the period, up 35.5 per cent from the Sh5.01 billion it made in…
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KenGen doubles dividend payout after 35pc profit rise to Sh7bn
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Electricity generating company KenGen has doubled its dividend to Sh0.65 per share after recording a significant increase in net profit for the year ending June 2024. The company made a profit after tax of Sh6.79 billion for the period, up 35.5 per cent from the Sh5.01 billion it made in…
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UK data centre investment stalled by lack of electricity supply
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Investment in data centers in the UK is being hampered by delays in securing electricity supplies, according to David Sleeth, chief executive of Segro, one of the country’s largest commercial property developers. Speaking to Radio Times, Sleeth expressed frustration with long wait times for network connections, which can stretch into…
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Bitcoin Leads Crypto Investment Product Inflows With $920M
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Cryptocurrency-based investment products continued their positive streak after recording nearly $1 billion in inflows this week, apparently driven by the upcoming US presidential election. Bitcoin (BTC) led net positive inflows for the third week in a row, making October the fourth-largest month of crypto investment product inflows ever. Bitcoin leads…
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VanEck Sees Bitcoin As Key Global Reserve Asset, Projecting $3 Million Price Tag By 2050
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This article is also available in Spanish. As Bitcoin rebounds from its brief correction and approaches the $70,000 mark, Matthew Siegel, head of digital asset research at asset manager and exchange-traded cryptocurrency issuer VanEck, shared his thoughts on the potential path for the cryptocurrency in light of the upcoming US…
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Israeli co Armis Security raises $200m at $4.3b valuation
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Israeli cybersecurity company ARMIS SECURITY Today it announced the completion of a $200 million Series D funding round, bringing its valuation to $4.3 billion. This is $900 million higher than the previous funding round less than three years ago. The latest financing round was led by General Catalyst and Alkeon…
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Hong Kong Promises More Approvals Soon
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Hong Kong Securities and Futures Commission (SFC). Announce It plans to issue more licenses to crypto asset exchanges by the end of 2024. The decision comes after a five-month evaluation period, during which only three platforms received full licenses and 11 provisional licences, raising initial concerns about the possibility of…
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Hong Kong Promises More Approvals Soon
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Hong Kong Securities and Futures Commission (SFC). Announce It plans to issue more licenses to crypto asset exchanges by the end of 2024. The decision comes after a five-month evaluation period, during which only three platforms received full licenses and 11 provisional licences, raising initial concerns about the possibility of…
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Venice’s €5 daytripper tax misses the boat: What do locals think the overtourism solution actually is?
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For four months earlier this year, the Italian city of Venice piloted a system of charging extra fees for day trippers. Visitors who were not staying at an overnight accommodation had to pay 5 euros ($5.40) on certain days considered the busiest, including weekends and national holidays. The fee was…
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FX Watch: AUD/USD And AUD/CAD To Make New Weekly Lows On Cooler AU CPI?
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Australia is about to print inflation data for the third quarter! Australian CPI Event Guide for Q3 2024 suggests we may see cooler price pressures compared to the previous quarter as commodity prices (but mostly oil) and average input costs eased while inflation expectations eased in the previous months. If…