Tether CEO teases AI platform launch, targets March 2025
Dec 20, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Tether plans to launch an AI platform by March 2025, as announced by CEO Paolo Ardoino. AI-focused projects are rapidly growing, with significant market activity noted in AI-related crypto tokens. Share this article Tether, the largest stablecoin issuer, plans to launch an AI platform by March 2025, according to CEO Paolo Ardoino’s announcement […]
BTC went viral in 2024. Are USDT and SOL next?
Dec 20, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Share this article Solana’s Rise in the MarketSolana (SOL) has emerged as one of the strongest Layer 1 blockchains, witnessing significant growth within the past year. It experienced a remarkable gain of over 200%, escalating its value to $216 in 2024. This surge is attributed to its impressive transaction speeds and lower fees compared to […]
Hyperliquid’s HYPE token surges past $10 billion market cap
Dec 20, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways HYPE surpasses $10 billion market cap, entering the top 25 coins by market capitalization. Hyperliquid’s HYPE token surges 20% in one day, reaching a new all-time high of $30. Share this article Hyperliquid’s native token HYPE surpassed a $10 billion market capitalization, with its price exceeding $30 per token.This milestone comes amid broader […]
Caterpillar, Inc. (CAT) Dividend Stock Analysis
Dec 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Linked here is a detailed quantitative analysis of Caterpillar, Inc. (CAT). Below are some highlights from the above linked analysis:Company Description: Caterpillar Inc. is the world’s largest producer of earthmoving equipment, and a major manufacturer of mining equipment, electric power generators, and engines used in petroleum markets.Fair Value: In calculating fair value, I consider the NPV MMA […]
LayerZero’s Stargate down for 6 hours due to DVN executors malfunction
Dec 20, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Stargate has been offline for over six hours due to a serious service disruption. LayerZero is actively working to resolve the problem. Share this article Stargate, a cross-chain bridge built on LayerZero, has been down for over six hours due to malfunctioning Decentralized Verifier Networks (DVN) executors, which causes delays in transaction processing […]
French banking giant to debut Bitcoin and crypto investment services for customers in 2025
Dec 20, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways BPCE plans to offer crypto investment services in 2025 through its subsidiary Hexarq. Hexarq is the second bank in France to receive PSAN authorization from the AMF. Share this article BPCE, one of France’s largest banks, is preparing to launch Bitcoin and crypto investment services for its customers through its subsidiary Hexarq, following […]
USD/CAD Moves Toward Multi-year Highs Above 1.4400 Due To Risk Aversion, Lower Oil Prices
Dec 20, 2024
Jeremy Parkinson
Finance, No picture
USD/CAD retraces its recent losses and edges higher toward 1.4467, the highest level not seen since March 2020, which was recorded in the previous session. The pair trades near 1.4410 during the Asian hours on Friday.The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six other major currencies, maintains its position […]
AUD/USD Trades Sideways Slightly Above 0.6200 As US PCE Inflation Takes Centre Stage
Dec 20, 2024
Jeremy Parkinson
Finance, No picture
The AUD/USD pair trades inside Thursday’s trading range slightly above the two-year low of 0.6200 near 0.6230. The Aussie pair exhibits volatility contraction, with investors focusing on the United States (US) Personal Consumption Expenditure Price Index (PCE) data for November, which will be published at 13:30 GMT.The US Dollar Index (DXY), which tracks the Greenback’s value against six […]
FedEx Freight Valuation Projected Between $30-35 Billion Post-Spinoff
Dec 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash FedEx (NYSE: FDX) has announced a significant strategic move by deciding to spin off its freight truckload segment. This decision is expected to enhance the company’s focus on its core operations while addressing existing challenges within the shipping industry.The separation is projected to conclude within 18 months, marking a pivotal shift for the shipping […]
Time For A Stock Market Bounce
Dec 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash There has been a ton of selling over the last two days in the stock market and may feel like we are at just the beginning of a prolonged stock market sell-off, but I would argue we may be at the end of the selling for stocks – at least for now.Video Length: […]