Author: Anthony M. Orbison
According to Geoff Kendrick, Head of Crypto Research at Standard Chartered bank, a Donald Trump victory in the 2024 U.S. presidential election could drive Bitcoin to $125,000. However, Kendrick notes that new all-time highs (ATHs) for Bitcoin are likely no matter who wins the election, with Bitcoin still expected to hit $75,000 if Vice President Kamala Harris secures the presidency.JUST IN: A Trump victory could send #Bitcoin to $125,000, but new ATHs are likely no matter who wins election, says Standard Chartered bank 🚀 pic.twitter.com/SfGoRSyKwn— Bitcoin Magazine (@BitcoinMagazine) September 12, 2024 In the new report, Kendrick explained that while the…
Forex Trading: Is it Suitable for Beginners or Only Professionals? The foreign exchange market, also known as the Forex market, is a global marketplace where traders buy and sell currencies. With a daily trading volume of over $6 trillion, it is one of the largest and most liquid financial markets in the world. Forex trading has gained popularity in recent years, attracting a wide range of traders, from beginners to professionals. But is Forex trading suitable for beginners, or is it only for experienced traders? What is Forex Trading? Forex trading involves buying and selling currencies, with the aim of…
For decades, video games have relied on scripted, stilted interactions with non-player characters to help shepherd gamers in their journeys. But as artificial intelligence technology improves, game studios are experimenting with generative AI to help build environments, assist game writers in crafting NPC dialogue and lend video games the improvisational spontaneity once reserved for table-top role-playing games. In the multiplayer game “Retail Mage,” players help run a magical furniture store and assist customers in hopes of earning a five-star review. As a salesperson — and wizard — they can pick up and examine items or tell the system what they’d like to do…
Stitch Fix , Inc. (NASDAQ:) announced its financial results for the Fourth Quarter of Fiscal Year 2024, focusing on the strategic measures taken to enhance the company’s operational efficiency and client engagement. CEO Matt Baer outlined the transformation strategy, which has led to significant cost savings and improved gross margins. Despite a decrease in net revenue and active clients, the company reported an increase in gross margin to 44.3% and an adjusted EBITDA of $29.3 million. Looking ahead, Stitch Fix expects to return to revenue growth by the end of FY 2026, with a revenue projection for FY 2025 between…
HTX, one of the largest Bitcoin and crypto exchanges globally, announced it will be integrating the Bitcoin Lightning Network in partnership with Bitcoin firm IBEX.JUST IN: Bitcoin and crypto exchange HTX to integrate #Bitcoin Lightning into its platform.HTX has over 45 MILLION users 🚀 pic.twitter.com/mc1HEORJic— Bitcoin Magazine (@BitcoinMagazine) September 13, 2024 With over 45 million registered users, HTX is a leading Bitcoin and crypto platform in Asia and worldwide based on trading volume and Bitcoin custody. The exchange now plans to incorporate Lightning Network capabilities into its ecosystem.Lightning Network is a second-layer payments protocol built on top of Bitcoin. It enables…
Mental Preparation for Forex Trading: Tips for Staying Focused Forex trading requires a unique combination of knowledge, skills, and mental toughness. While having a solid understanding of the market and trading strategies is crucial, mental preparation is often overlooked as a crucial factor in achieving success in this field. A trader’s mental state can significantly impact their performance, decision-making, and overall results. In this article, we’ll explore the importance of mental preparation for Forex trading and provide tips on how to stay focused and mentally prepared for the demands of the market. Why Mental Preparation Matters The Forex market is…
US stock futures hit pause on Wednesday after Wall Street markets hit all-time highs, as investors looked to upcoming data for clues to the health of the economy and the chances of another jumbo rate cut.Futures on the S&P 500 (ES=F) and Dow Jones Industrial Average (YM=F) were little changed on the heels of record closes for both. Contracts on the tech-heavy Nasdaq 100 (NQ=F) fell roughly 0.3%.The modest rally in stocks is stalling as concerns about recession heat up, fanned by a surprisingly weak reading on consumer confidence. The debate centers on whether the Federal Reserve lowered rates by…
Tesla shares edged lower in early Wednesday trading, after closing at the highest levels in more than two months, while a top Wall Street analyst issued on a bullish forecast for the group’s third quarter delivery figures.Tesla (TSLA) , which will publish its third quarter delivery figures early next week and follow-up with a detailed earnings report later in the month, has climbed firmly higher over the past six months, but is still down from early July levels following the delay of its summer robotaxi event.The unveiling, which has been rescheduled for Oct. 10 in Los Angeles, represents a key…
Brink, a non-profit focused on funding open source Bitcoin development published its annual report detailing over $1 million in donations to Bitcoin developers in 2023. It was founded in 2020 by renowned Bitcoin developers John Newbery and Mike Schmidt, aims to provide financial support and mentorship to promising developers working on open-source Bitcoin development.In the report published on its 4th anniversary, Brink disclosed it received approximately $2.4 million in donations last year from over 500 contributors, with Jack Dorsey’s StartSmall initiative as a major donor.Brink’s expenses totalled around $1.6 million in 2023. Over $1.2 million went directly to developer salaries and grants,…
Market Analysis and News: Staying Ahead of the Game in the Financial Markets The financial markets are constantly in motion, with prices fluctuating rapidly in response to a wide range of factors. To stay ahead of the game and make informed investment decisions, it’s essential to stay up-to-date with the latest market analysis and news. In this article, we’ll explore the importance of market analysis and news, and provide tips on how to incorporate them into your investment strategy. What is Market Analysis? Market analysis is the process of examining and interpreting market data to identify trends, patterns, and relationships.…