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Archives by Year:
US Dollar In Downtrend On Quiet Monday, Markets Eye GDP, PCE Data
Image Source: Pixabay The US Dollar Index (DXY) is seeing some losses on Monday as US markets remain closed for the Memorial Day break. Market participants anticipate Thursday’s Gross Domestic Product (GDP) and Personal Consumption Expenditures (PCE) data in hope of additional insights into the Federal Reserve’s (Fed) stance and the economy’s health. The Beige Book report on Wednesday […]
ZachXBT reveals GCR account hack tied to Solana meme coin team
The May 26 X account hack of the notorious trader known as GCR might be tied to the team behind the meme coin CAT deployed on Solana, shared the on-chain sleuth ZachXBT this Monday. According to ZachXBT, minutes before the hack, an address tied to CAT’s team opened long positions in the tokens ORDI and […]
Chatbot Wars – Who Makes The Best AI Chatbot?
The Great AI ChallengePlease consider The Great AI Challenge: We Test Five Top Bots on Useful, Everyday Skills.That’s a free link, which I use very sparingly to not abuse privileges. Here are a few snips. Human-sounding bots barely existed two years ago. Now they’re everywhere. There’s ChatGPT, which kicked off the whole generative-AI craze, and big […]
WTI Crude Oil Commodity – Elliott Wave Technical Analysis
WTI Elliott wave analysis Function – Counter-trend Mode – Corrective Structure – Impulse for wave 1 Position – Wave 1 Direction – Wave 1 is still in play Details – Price could currently be in the blue wave ‘iv’ bounce or 2nd sub-wave of blue wave ‘iii’. The two scenarios support an extension lower for as much […]
Ethereum set for bull run, but short-term struggles expected: Kaiko
Last week marked a significant shift in the market sentiment for Ethereum (ETH) following the SEC’s unexpected approval of spot ETH exchange-traded funds (ETFs), and market data suggests that ETH is headed for a bull run soon, according to a report from on-chain analysis firm Kaiko.The SEC’s decision came through the approval of 19b-4 filings […]
Largest Clinical-Stage BioTech Drug Stocks Declined Slightly Last Week
Image Source: UnsplashAn IntroductionThis article highlights the 10 clinical-stage AI-powered (designated with *) and psychedelic compound-based (designated with **) small cap ($400M to $2.0B) drug discovery companies in the munKNEE Clinical-Stage BioTech Drug Stocks Portfolio, their stock performances last week, in descending order, and MTD and their areas of focus, along with their latest news, analyses and commentary […]
Japanese Yen Slightly Rises Against USD
The Japanese yen slightly increased against the US dollar on Monday, with the USD/JPY pair holding near 156.73.Investors have already priced in previous remarks from Bank of Japan (BoJ) officials. BoJ Governor Kazuo Ueda emphasized the need to anchor inflation expectations before revisiting interest rate decisions, highlighting the challenge of accurately determining the necessary interest […]
Ether Nears $4,000 As Regulatory Developments Spark Market Optimism
Image courtesy of 123rf.com Ether (ETH), the native token of the Ethereum blockchain, the second-largest cryptocurrency by market capitalization, is experiencing a significant rally, with its price surging close to the $4,000 mark. The bullish momentum has been fueled by technical factors, regulatory developments, and increased institutional interest in cryptocurrency. Why Ethereum is Rallying The recent price surge […]
Boeing Announces New Contract With Air Force
Boeing Co (NYSE: BA) is in focus this morning after announcing a new contract with the U.S. Air Force. Details of new Boeing-Air Force dealThe aerospace and defence giant has signed a $7.48 billion agreement related to JDAM (Joint Direct Attack Munition) with the Air Force Life Cycle Management Center, Hill Air Force Base, UT.$BA expects the […]
Layer 2 rollup Taiko launches on mainnet with Vitalik Buterin proposing inaugural block
Taiko, an Ethereum-based rollup, has launched on the mainnet following a year of development and seven testnet iterations.Ethereum co-founder Vitalik Buterin proposed the inaugural block, which included metadata containing the names of all Taiko core contributors.As a based rollup, Taiko relies on Ethereum block validators to sequence transactions, benefiting from the liveness and security assurances […]
