Author: Anthony M. Orbison

Ripple’s XRP token is one of the most popular crypto projects. XRP is one of the most utilized currencies for cross-border remittances. Despite its popularity, the asset has faced substantial hurdles over the last few years.Also Read: US Stock: Here’s How High Tesla (TSLA) Share May Rise By Mid OctoberWhile many significant crypto projects hit all-time highs during the 2021 bull run, XRP did not. The asset hit an all-time high of $3.40 in January 2018, over six years ago. XRP is currently down by 84.5% from its 2018 peak.Why The Dull Performance?Source – CoinpediaOne of the primary factors for…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.JPMorgan Chase reported better than expected third-quarter profits of $12.9bn, even as the bank prepared for higher loan losses from more indebted borrowers.The largest US bank’s net income exceeded the $12.1bn expected by analysts but represented a 2 per cent fall on the same quarter in 2023. JPMorgan set aside $3.1bn for potential loan losses, more than double its provisions in the third quarter last year.Banks’ losses from lending have been unusually low since 2020, after government stimulus efforts helped boost savings.…

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Buying patio furniture is a more personal purchase than you may realize. While fit and function are important, looks are not to be ignored. If it doesn’t fit in with your aesthetic, then it’s time to move on. Fortunately, we found a patio set that looks perfect on almost any patio, and it’s currently on sale during the Walmart Holiday Deals event.The Ovios 5-Piece Patio Set is only $639 right now, which is 47% off the original…

A widely followed analyst and trader says that an exponential rally for one of Ethereum’s (ETH) biggest rivals could be around the corner. The analyst pseudonymously known as Kaleo tells his 651,800 followers on the social media platform X that the price action of Avalanche (AVAX) over its first four years mirrors Ethereum’s during the same timeframe. “If similar price action continues to play out, an upside target of $400 AVAX isn’t as crazy as it sounds.” Source: Kaleo/X Source: Kaleo/X Avalanche, which is trading at $26.19 at time of writing, would have to go up by 1,427% from the…

Former US President Barack Obama lashed out at “crazy” Donald Trump Thursday and urged voters to back Kamala Harris as he brought his star power to the 2024 election campaign trail for the first time. As he hit the stump in the must-win state of Pennsylvania, Obama also chided Black male voters for what he called hesitancy in supporting Democrat Harris because they “just aren’t feeling the idea of having a woman as president.” Obama trained his fire on Trump during a pumped-up rally in Pittsburgh, comparing the Republican’s long speeches to late Cuban communist leader Fidel Castro’s and calling…

(Reuters) -Volkswagen Group on Friday reported a 7% decline in third-quarter global deliveries, showing how Europe’s car industry is facing tough challenges, including weak demand from China and high production costs at home. Europe’s car companies also have to contend with the impact of a potential trade war between Beijing and the European Union as the EU presses ahead with import tariffs on Chinese electric vehicles, imposed over alleged subsidies. VW, Europe’s biggest automaker is undergoing a major revamp as it considers German plant closures for the first time due to weak European demand, competition from China, challenges presented by…

An entity reportedly linked to a cryptocurrency venture capital fund has lost over $35 million in tokens due to a malicious permit transaction. An unidentified on-chain entity has suffered a staggering loss of wrapped Ethereum (ETH) tokens valued at $36 million after inadvertently signing a malicious transaction. Crazy!Someone(probably related to @ContinueFund) lost 15,079 fwDETH(worth $36M) by signing a “permit” phishing signature 6 hours ago!To avoid being phished, please do not click on any unknown links and do not sign any unknown signatures.Always double-check when signing… pic.twitter.com/dTG4Uzsf43— Lookonchain (@lookonchain) October 11, 2024 In an X post on Friday, Oct. 11, blockchain…

Dividend investing is a tried-and-true strategy for building long-term wealth. It may not be as sexy as buying the hottest hyper-growth stocks or cutting-edge technology companies, but dividend stocks can be the tortoise that drives steady portfolio wealth when looking at a multi-decade period. And it does take time. For example, if you buy a dividend stock yielding 2% that grows its dividend per share by 6% per year, it will be yielding just 3.6% in 10 years. But if that same compounding occurs for 30 years, your initial investment will be yielding over 11% at the end of the…

This has nothing to do with the car.Duesenberg Automobile & Motors Co. was an American racing and luxury car manufacturer founded in Indianapolis in 1920.Related: Analysts update outlook for Nvidia’s Blackwell chips amid AI boomThe company is known for popularizing the straight-eight engine and four-wheel hydraulic brakes, and Duesenberg made the first American car to win a Grand Prix race.People would often refer to a Duesenberg vehicle as “a doozy,” but the car’s nickname is not related to the word meaning  “extraordinary,” “outstanding” or “one of a kind.”Don’t miss the move: Subscribe to TheStreet’s free daily newsletterThat doozy had staked…

Ethereum prices fell sharply as China’s government started a big sell-off. This move put $542,000 worth of Ethereum on exchanges, worrying investors and traders.Also Read: BlackRock Sees Potential For Crypto In Investment PortfoliosUnderstanding the Ethereum Price Drop Amid Chinese Government Sell-OffSource: Crypto NewsThe Sell-Off UnfoldsGiven the recent effort to re-obfuscate the ETH it is unlikely that the active distribution of the 15.7k ETH moved yesterday is the last of the 540k ETH supply distribution.— ∴FreeSamourai∴ (@ErgoBTC) October 9, 2024On October 10, 2024, Ethereum’s price dropped 2% in value and sat at $2,394 in London. This happened because China’s government sold…