Category Archive: Cryptocurrency, No picture
Developers recover $200,000 in crypto from compromised wallet
A group of Brazilian developers recovered over $200,000 stolen from a victim after an exploiter got access to his wallet. After having his wallet compromised, the victim contacted public prosecutor Alexandre Senra, who then turned to the developers aiming to create a task force to recover the funds. The whole ordeal took around five months.Afonso […]
“Something’s Going To Break” As Market Undergoes Phase Change
Image Source: Pexels Stocks have sold off sharply since hitting all-time highs just 3 weeks ago.Bond prices are falling, too.What’s going on here?Is this just a needed pullback to remove excessive froth before the market resumes rising to all-time highs?Or is this a more significant reversal?For a professional’s perspective, we turn to John Llodra and Mike […]
All Eyes On Tesla Earnings Today
Image Source: Pexels The least magnificent of the “Magnificent Seven” so far this year reports after today’s close. We are of course referring to Tesla (TSLA), which was down over 40% from the end of last year through yesterday. TSLA has perpetually occupied a leading position in investors’ mindsets. It is continually among the most active stocks […]
Is Roku Stock Worth Owning Ahead Of Earnings?
Image Source: Unsplash Roku Inc (Nasdaq: ROKU) has lost some 40% in less than three months but a Wedbush Securities analyst is convinced the story moving forward will be a different one. Roku stock could gain 30% from here Michael Pachter continues to rate the streaming and media company at “outperform” and sees upside in its shares to […]
Here’s What Wall St. Experts Are Saying About Tesla Ahead Of Earnings
Image Source: Unsplash Tesla (TSLA) is expected to report results on its fiscal first quarter on Tuesday, April 23, with a conference call scheduled for 5:30 pm EDT. What to watch for: MOMENT OF TRUTH HAS ARRIVED: Wedbush says “the moment of truth has now arrived” for Elon Musk and Tesla with this earnings call being “one of the […]
Bitcoin covenants are coming — OP_CAT gets formally introduced as BIP-420
The OP_CAT covenant proposal has been formally introduced as “BIP-420,” with the aim of enabling smart contracts, secure bridges, and on-chain trading on the Bitcoin network. introducing BIP-420: formal Bitcoin Improvement Proposal for OP_CAT it’s a historic day! today, after a long wait, the OP_CAT proposal formally received a BIP number. meet BIP-420! BIP-420 enables […]
FTSE Finally Breaks Record Highs Before Pausing
Image Source: Pexels The FTSE 100 has reached a record high, reflecting the global forces driving commodity prices rather than the performance of the British economy. Despite lagging behind other major indices due to Brexit uncertainty, the calm political situation and stable finances in the UK are turning the tide. The Bank of England’s potential to […]
Metal Rally Pauses For Air
Image Source: Unsplash It’s been a breathtaking rally for precious metals so far this year. Gold peaked at USD $2431/oz, up 16%, while silver reached $29/oz, marking an impressive 26% increase for the year at its 2024 high. Both metals finally took a breather on Monday, declining by 3% and 5%, respectively.Following a prolonged and nearly […]
S&P 500 Earnings Dashboard 24Q1 – Tuesday, April 23
Image Source: Pexels S&P 500 Aggregate Estimates and Revisions The 24Q1 Y/Y adjusted blended earnings growth estimate is 6.0%. If the energy sector is excluded, the growth rate for the index is 5.6%. Please note that the 24Q1 consensus estimate for Bristol Myers Squibb reflects an approximate $12 billion one-time charge related to its acquisition of Karuna Therapeutics. When […]
Crypto .com postpones expansion plans for South Korea, talks with regulators
Cryptocurrency exchange Crypto.com has postponed its planned retail expansion in South Korea, originally scheduled for April 29, in order to engage in further communication with local regulators. The decision comes just six days before the intended launch date. “Korea is a difficult market for international exchanges to enter, but we are committed to working with […]
