Paul Atkins emerges as top contender for SEC chair under Trump administration
Nov 27, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Paul Atkins, known for his pro-digital assets stance, is a leading candidate for SEC chair. Outgoing SEC Chair Gary Gensler’s tenure was marked by aggressive enforcement against crypto firms. Share this article President-elect Donald Trump’s transition team has interviewed Paul Atkins as a candidate to lead the SEC, according to a Bloomberg report.Atkins, […]
From Bitcoin gains to LCAI opportunities: why on-chain activity points to Lightchain Protocol AI as the next big move
Nov 27, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Share this article Bitcoin’s recent price action has reignited enthusiasm in the crypto market, with its bullish run providing significant gains for long-time holders and traders. But the true story lies beyond Bitcoin, as on-chain analytics reveal that savvy whales are reallocating profits into promising presales. Lightchain Protocol AI, with its innovative LCAI token, is […]
Many Reports On Our Plate Today – Before We Fill It Tomorrow. The Corn & Ethanol Report
Nov 27, 2024
Jeremy Parkinson
Finance, No picture
We kickoff the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Refinance Index,and MBA Purchase Index at 6:00 A.M., Core PCE Price Index MoM & YoY, Durable Goods Orders MoM, GDP Growth Rate QoQ 2nd Est, Personal Income MoM, Personal Spending MoM, Corporate Profits QoQ Prel, Durable Goods Orders […]
Elon Musk announces xAI’s plans to launch AI game studio
Nov 27, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Elon Musk’s xAI unveils plans for an AI game studio, aiming to reshape the gaming industry. Alongside this news, xAI is reportedly gearing up to release a standalone chatbot app to compete with ChatGPT. Share this article Elon Musk has unveiled plans for xAI, his artificial intelligence company, to enter the gaming industry […]
Chinese blockchain company SOS plans $50M Bitcoin purchase
Nov 27, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways SOS Ltd. authorized a $50 million Bitcoin purchase reacting to record-high prices. Company aims to enhance competitiveness using quantitative trading strategies. Share this article SOS Ltd., a blockchain and commodity trading company, announced its board approved a $50 million Bitcoin purchase plan.The announcement, coupled with Bitcoin’s resilience, ignited a 100% surge in SOS […]
Sweetgreen Inc: Chart Analysis
Nov 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Good morning everyone. Happy Wednesday! It’s time for our chart of the week, and let’s take a look at one of my favorite restaurants. It’s called Sweetgreen; symbol SG on the ticker. So let’s take a look this chart. It recently had earnings. They were really strong. It did come back down a […]
Tether to end EURT support, focusing on MiCA-compliant stablecoins
Nov 27, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Tether is discontinuing support for its euro-pegged stablecoin EURT due to regulatory changes. Tether will focus on EURQ and USDQ, MiCAR-compliant stablecoins, in partnership with Quantoz Payments. Share this article Tether said Wednesday it will no longer support its euro-pegged stablecoin EURT. Instead, the company is shifting focus to new projects, including stablecoins […]
Ripple backs Bitwise Physical XRP ETP following its rebranding
Nov 27, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bitwise has rebranded its European XRP ETP, with Ripple planning an investment. The Bitwise Physical XRP ETP is physically backed and approved by German regulators. Share this article Ripple will invest in Bitwise’s XRP exchange-traded product (ETP) following its rebranding. The fund, previously known as ETC Group Physical XRP, is now named Bitwise […]
CrowdStrike Beats Q3 Expectations But Shares Dip On Cautious Q4 Outlook
Nov 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash CrowdStrike reports Q3 earnings of 93 cents per share on $1.01B revenue. ARR reaches $4.02B, a 27% year-over-year increase, beating expectations. Shares fall 5.1% after Q4 guidance of 84-86 cents per share misses midpoint. Cybersecurity company CrowdStrike Holdings (CRWD) reported stronger-than-expected third-quarter earnings on Tuesday, but shares dropped 5.1% in premarket trading […]
The Commodities Feed: Relative Calm In The Middle East
Nov 27, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash As expected, Israel and Hezbollah announced a 60-day ceasefire agreement and plans to discuss a longer-lasting peace agreement. The oil market is assessing the new dynamics and how it impacts the other ongoing conflicts in the region. Energy – Israel and Hezbollah announce ceasefireICE Brent has been trading flat after a sharp fall […]