Category Archive: Cryptocurrency, No picture
DePIN is a lifeline for Bitcoin miners, says Livepeer CEO
Bitcoin (BTC) miners might turn to the DePIN ecosystem to turn mining facilities profitable after the latest halving cut block rewards to 3.125 BTC, shared Livepeer CEO Doug Petkanics with Crypto Briefing. DePIN is short for decentralized physical infrastructure network, a blockchain industry sector that brings transparency and decentralization to the real world.Petkanics highlights that […]
Productivity Growth And The Scary Stories About Rising Retiree To Worker Ratios
Image Source: Pexels In the wake of the release of the 2024 Social Security Trustees Report, we have seen a wave of columns and news articles telling us that we won’t have enough workers to support a growing population of retirees. The story is that all of us baby boomer types are now retiring, and the […]
Nikola Stock Price Sits At A Pivotal Level As Risks Remain
Image Source: Pexels Nikola (Nasdaq: NKLA) stock price has been stuck at a crucial support level as investors digest the recent financial results. It was trading at $0.567 on Thursday, an important level since it was its lowest level in June last year. It has plummeted by over 36% this year and by over 99% from […]
Why Supply Constraints Are Clouding The Skies For Airlines
Post-pandemic airline demand has proved resilient, but available capacity remains a major headache for airlines. Supply shortages, extra maintenance, aircraft production issues and delays have lead to operational challenges, limiting growth and slowing sustainability progress.Image Source: Unsplash Global airline fleet hasn’t managed to keep up with demand and that’s not over yet Global airline demand has outpaced fleet capacity development, which puts growth […]
They Were Completely Wrong, But…
Image Source: Pexels By now, analysts still calling for a recession in the good ‘ol USofA definitely find themselves in the minority and maybe even at risk of losing his or her job. At the beginning of last year though, the chorus of those expecting the economy to falter was strong. After all, the Fed was […]
FTSE – Reverses Early Losses As BT Trades At Two Year Highs
Image Source: Pexels On Thursday, London’s FTSE 100 experienced an initial decline as several companies, including oil giant BP, traded ex-dividend. Additionally, the benchmark index was weighed down by a decrease in Sage Group following its forecast cut. The FTSE 100, which is considered a blue-chip index, reversed initial losses to trade up 0.26%.Sage Group Plc’s […]
Russell 2000 Earnings Dashboard 24Q1 – Thursday, May 16
Image Source: Pexels Russell 2000 Aggregate Estimates and Revisions The 24Q1 Y/Y blended earnings growth estimate is 0.9%. If the energy sector is excluded, the growth rate for the index is 14.4%. Of the 1,621 companies in the Russell 2000 that have reported earnings to date for 24Q1, 59.5% reported above analyst expectations. The 24Q1 Y/Y blended revenue growth estimate is -0.3%. If the energy sector is excluded, the growth rate for […]
April CPI: Worst Good News Ever
Image Source: Pexels The monthly rise in prices based on the Consumer Price Index (CPI) came in slightly lower than projected, sending a wave of euphoria across the financial landscape.The consensus is cooling inflation puts Federal Reserve interest rate cuts back on the table.The Dow Jones, S&P 500, and the NASDAQ all hit record highs after […]
EUR/USD Could Be Heading To 1.10
What now for the dollar? That’s the key question after Wednesday’s softer data releases caused the greenback to fall across the board, underscoring the view that the economic growth is losing momentum and that inflation is heading lower. The dollar selling took a pause overnight and the greenback was stable during the first half of […]
Gnosis opens public registration for Genome naming service
Gnosis, a blockchain infrastructure project advocating for radical inclusivity, has announced the launch of Genome, a digital ID service native to the Gnosis Chain. Public Registration is now live! 🚀 Missed the pre-registration? No worries – now ANYONE can register their .gno domains: https://t.co/afo44sro6d https://t.co/zxHpOnvmfZ — Genome (.gno domains) (@genomedomains) May 15, 2024 Developed in […]
