Author: Anthony M. Orbison

Ethereum’s funding rate signals a potential rebound for ETH. ETH has declined by 16.48% over the past 7 days. Since hitting $4109, Ethereum [ETH] has experienced strong downward pressure. As such, over the past week, the altcoin has declined to a low of $3095 dropping by 16.48%. Despite the recent dip, Ethereum seems positioned for a comeback to $3,300. This is because Ethereum’s funding rate has cooled since facing two rejections at $4k. Ethereum’s Futures market cools after $4k rejection According to Cryptoquant, Ethereum’s failure to reclaim the $4k resistance resulted in massive liquidations in the futures markets. Source: Cryptoquant…

BMO Alto and Synchrony Bank are both popular online banks known for their no-fee models and competitive interest rates. So, is one better than the other? Let’s take a closer look at how BMO Alto and Synchrony’s banking products compare so you can decide if one is the right fit for your needs. This embedded content is not available in your region. BMO Alto is the online banking arm of BMO Bank N.A., which is part of the Bank of Montreal. Launched in 2023, BMO Alto focuses on providing high-yield savings accounts and certificates of deposit (CDs) with competitive interest…

By Foo Yun Chee BRUSSELS (Reuters) -U.S. chip design software company Synopsys (NASDAQ:) is set to win conditional EU antitrust approval for its $35 billion buy of Ansys (NASDAQ:), people with direct knowledge of the matter said on Monday. The biggest technology sector deal since Broadcom (NASDAQ:)’s $69 billion purchase of software maker VMware (NYSE:) a year ago, it also marks the first Big Tech merger under new EU antitrust chief Teresa Ribera. To address EU competition concerns, Synopsys this month offered to sell its optical design tool maker Optical Solutions Group as well as Ansys PowerArtist, other sources have…

Prominent meme coin Shiba Inu (SHIB) has garnered immense popularity after it turned the fortune of several investors. During its early days, the asset managed to create millionaires and billionaires. Since its debut in 2020, the asset has grown by 1596625.49% up until now. While this growth was seen in the past, the asset could still have the potential to reach better heights. But can the meme coin surge enough for an investor to retire?Also Read: De-Dollarization To End: Russia US Meet To Rekindle New Reforms?Shiba Inu’s (SHIB) Current Market SituationSource: Token MetricsAt press time, Shiba Inu was trading at…

Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldMatt Gaetz, Donald Trump’s former pick for US attorney-general, was accused by the House ethics committee of having sex with an underaged girl, paying women for sex and using illegal drugs in an explosive report published on Monday.The panel found “substantial evidence” that the former Republican congressman had violated not only House rules, but also state and federal laws. “The Committee determined there is substantial evidence that Representative Gaetz violated House Rules and other standards of conduct prohibiting prostitution, statutory rape,…

Target (TGT) has had a rough time attracting shoppers into its stores all year. After facing a boycott from consumers last year for marketing its pride collection to children, Target’s sales have tumbled for several financial quarters, especially during a time when inflation and higher costs of living has been putting extra strain on consumers’ wallets.💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸Target recently faced a small increase in sales. In its third-quarter earnings report for 2024, its comparable sales only rose by a mild 0.3% year-over-year. However, the amount of money that customers spent…

BitMEX co-founder Arthur Hayes was spotted moving millions of dollars worth of altcoins to crypto exchange Binance. According to blockchain tracking firm Lookonchain, Hayes sent over $8.47 million worth of Ethena (ENA) to Binance, presumably to sell on the open market. “Arthur Hayes previously accumulated 16.79 million ENA ($11.21 million) at $0.67 between Nov 26th and Nov 28th, making a profit of $7.7 million at the current price.” Source: Lookonchain/X According to blockchain “de-anonymizing” service Arkham, Hayes also sent an additional $2.42 million worth of ENA to another wallet containing over $11 million worth of crypto. Arkham notes that the…

The company has struggled to raise cash, and last month an agreement with the owner of Bed Bath & Beyond, Overstock and Zulily that would have come with a $40 million cash infusion fell apart. The Container Store said in a regulatory filing that it did not believe that it could match the financing requirements of the partnership with Beyond Inc.AP Photo/Cathy Bussewitz, File Source link

(Reuters) -Nordstrom has agreed to be acquired by its founding family and Mexican retailer El Puerto de Liverpool in a deal that values the luxury department store operator at about $6.25 billion, including debt. The company’s shareholders will get $24.25 in cash for each share held, an increase from the $23 apiece offer made in September. The offer price represents a 42% premium to the stock’s unaffected close on March 18. Reuters exclusively reported on March 19 that the founding family was seeking to take Nordstrom (NYSE:) private, six years after a similar attempt proved unsuccessful. Nordstrom’s shares were down…

The blockchain developer ecosystem is shifting: fewer developers are entering the space, and experienced developers are dominating the work, Electric Capital’s research report shows. Blockchain developers are key to the crypto industry. They build apps and tools that attract users and create value. More users bring more developers, therefore creating a cycle of growth. Yet, despite crypto’s focus on decentralization, the developer market appears to become more centralized, with experienced developers taking the lead, per Electric Capital’s recent research report. Fewer active developers The total number of active blockchain developers has dropped sharply. In November 2022, there were over 31,000…