Author: Anthony M. Orbison

Recently, BlackRock released an educational video explaining Bitcoin, which I thought was great—it’s amazing to see Bitcoin being discussed on such a massive platform. But, of course, Bitcoin X (Twitter) had a meltdown over one specific line in the video: “There is no guarantee that Bitcoin’s 21 million supply cap will not be changed.” HealthRnager from Natural News claimed, “Bitcoin has become far too centralized, and now the wrong people largely control its algorithms. They are TELLING you in advance what they plan to do.”Now, let me be clear: this is total nonsense. The controversy is overhyped, and the idea…

Dec. 21, 2024 2:36 PM ETTrane Technologies plc (TT) Stock, UNCFF Stock, CRZBF Stock, LUMN Stock, TPG Stock, CCI Stock, MKC Stock, ACN Stock, BHLB Stock, BRKL Stock, ASAZY Stock, NWBI Stock, PWOD Stock, NXPI Stock, HCP Stock, IBM StockBy: Arundhati Sarkar, SA News Editor Maks_Lab A quick look at a list of key deals reported this week across sectors: McCormick (NYSE:MKC) is in discussions to purchase Sauer Brands, best known for its Duke’s mayonnaise brand, for more than $1 billion. Accenture (NYSE:ACN) to Source link

MEXICO CITY (Reuters) – Mexican President Claudia Sheinbaum expects Congress to approve a ban early next year on planting genetically modified corn in the country, she said on Saturday. Sheinbaum’s announcement comes a day after a trade-dispute panel ruled Mexico’s restrictions on U.S. exports of GM corn violate the USMCA trade agreement. “With the help of Mexico’s Congress, we are going to reverse this resolution because very soon, in February, they are going to legislate, I am sure, that you can’t plant genetically modified corn,”  Sheinbaum said at a public event. Mexico’s Congress is dominated by the ruling party. “We…

BlackRock’s Bitcoin disclaimer has caused major debates in the crypto world. People are questioning Bitcoin’s scarcity and its 21 million coin limit. On December 17, 2024, the world’s biggest money manager shared a video.It said something that worried many: “There is no guarantee that Bitcoin’s 21 million supply cap will not be changed.” This news has created market volatility and made investors think twice about Bitcoin’s basic value.BlackRock explains #Bitcoinpic.twitter.com/X2fPl8tL2s— Michael Saylor⚡️ (@saylor) December 17, 2024Also Read: MetaMask Launches Crypto Debit Card in the US—What You Need to KnowBlackRock’s Bitcoin Scarcity Debate: Implications for Market Volatility & Regulatory ChangesSource: ReutersThe…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Home Office has ordered a review into the treatment of people with autism who are referred to the government’s Prevent deradicalisation programme, in recognition that a high number of minors with neurodiversity diagnoses are appearing in counter-terrorism casework.The announcement follows a Financial Times investigation in October that highlighted the scale of the trend, with specialist psychiatrists estimating that 13 per cent of police counter-terrorism work involves people with autism, a condition that affects only 1 per cent of the population. Home…

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.With the colder weather here, it’s the season for cozy outfits. Long sleeves, relaxed designs, and comfortable fabrics are a great place to start, and this Hanes Originals Men’s French Terry Pullover Hoodie ticks all the right boxes. Plus, you can now grab it at an incredibly discounted price at Walmart. Originally priced at $30, you can get your hands on this reviewer-loved hoodie starting at only $7. The hoodie is available in sizes S to 2XL…

contributor Posted: December 21, 2024   ADA’s Long/Short Ratio stood at 1.04, indicating a strong bullish sentiment among traders. Cardano (ADA) could soar by 25% to reach the $1.24 mark if it closes a daily candle above $1. Cardano [ADA], has garnered significant attention from crypto enthusiasts following its impressive price recovery over the past 24 hours. In addition to ADA, other major cryptocurrencies have also experienced price recoveries after notable declines in recent days. $151M ADA outflow signals growing confidence However, data from the on-chain analytics firm Coinglass revealed that despite a continuous price decline of over 30% in…

The S&P 500 (SNPINDEX: ^GSPC) market index has seen a total return of 25% in 2024. That’s a fantastic year for the stock market, but it can’t hold a candle to the crypto market. According to CoinMarketCap, the market value of every cryptocurrency added up to $1.65 trillion at the end of 2023. The combined market cap is up to $3.30 trillion on Dec. 19, which works out to a doubling in less than 12 months. Crypto pioneer Bitcoin (CRYPTO: BTC) gained 138% over the same period. Smart contracts innovator Solana (CRYPTO: SOL) showed a 101% gain, just ahead of…

By Savyata Mishra, Gursimran Mehar and Renee Hickman (Reuters) -Some members of the Starbucks (NASDAQ:) workers’ union that represents more than 10,000 baristas walked off their jobs in multiple U.S. cities on Friday, citing unresolved issues over wages, staffing and schedules. The five-day strike, which began on Friday and closed Starbucks cafes in Los Angeles, Chicago and Seattle, will expand to Columbus (WA:), Denver, and Pittsburgh through Saturday, the union said in a statement. This is the latest in a series of labor actions that have picked up pace across service industries following a period when workers at manufacturers in…

The final two weeks of the year are proving to be devastating for the cryptocurrency market. With assets across the board losing value, traders are looking to the coming year and what it could mean for their recoveries. Among the assets expected to surge the most is Chainlink (LINK), which has been predicted to surge 160% from its ongoing December drop, but when?Friday saw another $680 million in liquidations hit the cryptocurrency market. Moreover, it arrives after the entire industry benefited from a surging November rally. Yet, things are expected to return to form, and LINK is looking to be…