Author: Anthony M. Orbison
Shiba Inu has lately been trading at the $0.00002 price mark, unable to document a noteworthy price surge. SHIB’s inability to climb to higher price marks is due to Bitcoin, as the market presently is facing a bearish momentum, with Bitcoin slipping below $107K, to sit at $99K at press time. Will SHIB be able to show some significant price momentum before 2024 ends? Let’s find out.Also Read: Cardano Price Prediction For The End Of 2024: Can ADA Breach $1.5?Shiba Inu: Latest Developments and Price PathsSource: Watcher GuruShiba Inu is currently sitting at $0.00002205, down 8% in the last 24…
(Reuters) -U.S. President-elect Donald Trump has moved the stake he owns in Trump Media & Technology to a revocable trust. Trump transferred 114.75 million shares, or 53% of Trump Media & Technology’s outstanding stock, to the revocable trust of which he is the sole beneficiary, according to securities filings. His stake in the company was valued at more than $4 billion based on the stock’s last closing price of $35.41. Trump said in November that he had no intention of selling his shares in the company, which owns the Truth Social media platform. Trump’s eldest son, Donald Trump Jr., is…
By David Shepardson WASHINGTON (Reuters) -The top Democrat on the House of Representatives Appropriations Committee said on Friday that Republicans in Congress were protecting Elon Musk’s Chinese investments by scrapping provisions restricting U.S. investments. Representative Rosa DeLauro said in a letter that Musk, CEO of electric car maker Tesla (NASDAQ:), may have upended the government funding process to remove a provision that would regulate U.S. investments in China given his “extensive investments in China in key sectors and his personal ties with Chinese Communist Party leadership, and calls into question the real reason for Musk’s opposition to the original funding…
A widely followed crypto analyst says that one Solana (SOL)-based meme asset with a $1.89 billion market cap is going to zero against Dogecoin (DOGE). In a new strategy session, pseudonymous crypto strategist DonAlt tells his 637,200 followers on the social media platform X that even though memecoin dogwifhat (WIF) could bounce soon against DOGE, it’s ultimately going to zero against it. “Told everyone who wanted to hear that this was the ‘safest’ trade to take if you wanted to be hedged. Think that’s not the case anymore, think short-term WIF could bounce against DOGE. Generally think WIF is going…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A car ploughed into a crowd of people at a Christmas market in the German city of Magdeburg on Friday evening, killing at least two and injuring dozens more in what local officials said they believed was a deliberate attack.The prime minister of the state of Saxony-Anhalt, Reiner Haseloff, said police had detained a man originally from Saudi Arabia in connection with the incident, which he said had claimed two lives and injured at least 60 people, some severely. Haseloff said that…
Dr. Mehmet Oz, a world-renowned cardiothoracic surgeon and controversial television personality, has been tapped by former/future president Donald Trump to become the next administrator of the Centers for Medicare and Medicaid Services, a federal agency within the Department of Health and Human Services. Oz’s nomination is one of several potential appointments of television personalities to political postings by President Trump, himself a former reality TV show host.This potential post won’t be Oz’s first foray into politics, however. After moving to back to Pennsylvania from New Jersey in 2020, he ran in the state’s 2022 senate race on a Trump-endorsed, conservative, “America…
After the Fed cut the interest rate by 0.25%, the crypto market’s liquidation of more than $239 million in mere minutes. Bitcoin dipped briefly below $100k with other major tokens following suit. On Dec. 19, the Federal Reserve reduced its key interest rate by 25 basis points and warned of cuts in the following years. The Fed hinted that it would probably lower only twice more in the new year ahead. Fed Chair Jerome Powell explained that since the U.S. government’s stance has become less restrictive, then the agency can afford “be more cautious as we consider further adjustments to…
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By David Shepardson WASHINGTON (Reuters) – The head of the Environmental Protection Agency plans to step down on Dec. 31 after overseeing widespread efforts by the administration of President Joe Biden to reduce greenhouse gas emissions and other pollutants. EPA Administrator Michael Regan told employees of his plans in an email on Friday, saying the agency had “confronted climate change with the urgency science demands. We set the strongest standards in history and put billions of dollars to work to spur clean energy development, create good-paying American jobs and lower costs for families.” This week, Regan approved a waiver to…
The crypto market continues to face a sharp downturn, shedding around 10% in the past 24 hours after the Federal Reserve’s latest policy update.Bitcoin’s price plunged nearly 10%, hitting a low of $93,000. This marks a stark reversal from its recent high of $108,268 earlier this week.The drop brings Bitcoin to its lowest level since mid-November, when it was riding a bullish wave spurred by market optimism following Donald Trump’s election victory.Ethereum faced an even sharper fall, dropping by almost 15% and reaching $3,100—its weakest position since late November.Binance Coin (BNB), Solana (SOL), Dogecoin (DOGE), and Cardano (ADA), also recorded double-digit…