Author: Anthony M. Orbison
Ethereum co-founder Vitalik Buterin has proposed lowering the minimum deposit requirements for stakers on the blockchain network.In an Oct. 3 post on X, Buterin voiced his support for reducing the current 32 ETH threshold needed to stake on the network to support solo staking. He believes the current requirement is a barrier to entry for many rather than a necessity based on bandwidth.Buterin suggested lowering the minimum deposit to 16 or 24 ETH, with a corresponding increase in bandwidth requirements. He stated:“I think there’s a sane version of this where we recognize that 32 ETH is much more of a…
Mark Zuckerberg’s effort to avoid being dragged into the political arena ahead of the upcoming US presidential election is leading to a fierce debate as to whether Meta’s billionaire chief is going too far to placate critics such as Donald Trump.Zuckerberg has spent recent weeks on a public effort to show he is above the partisan fray ahead of November’s poll, saying he had made the “political miscalculation” since 2016 of taking the blame on issues for which Facebook and Instagram were not responsible. Election experts, civic integrity groups and former staffers told the Financial Times they were concerned Meta…
Investing.com – Australia stocks were lower after the close on Friday, as losses in the , and sectors led shares lower. At the close in Sydney, the lost 0.67%. The best performers of the session on the were Mesoblast Ltd (ASX:), which rose 10.74% or 0.15 points to trade at 1.50 at the close. Meanwhile, Viva Energy Group Ltd (ASX:) added 3.58% or 0.11 points to end at 3.04 and Spark New Zealand Ltd (ASX:) was up 2.83% or 0.08 points to 2.91 in late trade. The worst performers of the session were APA Group (ASX:), which fell 4.00% or…
Este artículo también está disponible en español. Bitcoin (BTC) recently appeared poised for significant upside momentum and has experienced a notable price correction. Following a two-month high of $66,500 last Friday, the cryptocurrency retraced approximately 6% in the past week to around $60,000 by Thursday. Key Buy Zones For Bitcoin The anticipated bullish trend for Bitcoin was initially fueled by easing economic conditions, particularly following the US Federal Reserve’s decision to cut interest rates on September 18. However, escalating geopolitical tensions in the Middle East have shifted investor sentiment, prompting many to seek refuge in traditional safe-haven assets like gold. …
Europe’s premier ski resorts face an “existential crisis” over the coming decades as climate change threatens to remove the snow covering their popular slopes permanently. The World Meteorological Organization (WMO) says that global warming has caused the “zero-degree level” altitude at which snow rests to rise by 250 meters in the last 50 years. By 2026, the Swiss Climate Change Scenarios CH2018 predicts the level will rise by between 400-650 meters by 2060. This could jeopardize the current face of ski slopes in Europe’s most popular resorts. The potential for snow only landing above 1,500 meters would wipe out parts…
During a recent pop-in visit to a Tesla (TSLA) store while shopping at my local mall, two older teenagers interrupted a conversation I was having with a sales rep about the latest iteration of the Model 3. While I was hearing the salesperson talk about the updated styling of Tesla’s compact sedan, they asked a question about the car’s insides. It got my attention: “Ayo, boss, is it true these catch fire?”Although such incidents are a regular subject of headlines and Facebook (META) posts shared by family members who are skeptical about EVs, EV fires are real, but are much rarer than…
Solana trimmed gains and tested the $132 support. SOL price is consolidating and might aim for a fresh increase above the $140 resistance zone. SOL price started a fresh decline below the $145 zone against the US Dollar. The price is now trading near $142 and the 100-hourly simple moving average. There was a break above a short-term bearish trend line with resistance at $136 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a recovery wave if it stays above the $132 support zone. Solana Price Revisits $132 Solana price started a…
(Bloomberg) — Chinese tech stocks have had a tremendous rally since the nation announced its stimulus spree. And all signs point to fresh buying being the main cause.Most Read from BloombergShort positions on American Depositary Receipts of major companies including Alibaba Group Holding Ltd., JD.com Inc. and Baidu Inc. haven’t changed dramatically in recent days, according S3 Partners and JPMorgan Chase & Co. If the bears were forced out of their bets, the rally could get further momentum.“The sharp rally in Chinese ADRs over the past week has been mostly the result of fresh buying rather than short covering,” JPMorgan…
By Doyinsola Oladipo and David Shepardson (Reuters) – U.S. East Coast and Gulf Coast ports began reopening on Thursday night after dockworkers and port operators reached a wage deal to settle the industry’s biggest work stoppage in nearly half a century, but clearing the cargo backlog will take time. At least 54 container ships queued up outside the ports over three days as the strike prevented unloading and threatened shortages of everything from bananas to auto parts. The figure by Everstream Analytics was calculated at 4:00 p.m. ET (2000 GMT). More ships are sure to arrive. The International Longshoremen’s Association…
US Lawmakers are now uniting in bipartisan support to push a new Bitcoin Reserve plan, boosting the US’ Bitcoin holdings. The bill was introduced by Senator Cynthia Lummis at the 2024 Bitcoin Conference and proposes the US purchasing 1M Bitcoin with federal funds.Lummis’ proposal sparked a wide conversation on how the country should handle Bitcoin’s rapid growth. This summer, US Senator Cynthia Lummis said the government’s Bitcoin reserves can help strengthen the dollar. Indeed, Lummis how BTC can “help the US dollar remain strong,” as the country continues to fend off geopolitical efforts to weaken the greenback.Additionally, Lummis proposed legislation…