Author: Anthony M. Orbison

The crypto market capitalization fell from $2.4 trillion to $2.201 trillion at the start of October. Memecoins showed signs of recovery, with market capitalization rebounding to $49 billion by the 7th of October. The crypto week ahead could show signs of recovery following a significant decline in market capitalization over the past week. Last week’s market dip saw major cryptocurrencies, including Bitcoin [BTC] and Ethereum [ETH], and memecoins, experience notable losses. However, recent trends suggest a potential rebound, setting the stage for a more positive outlook in the coming days. Trends from the previous week The previous week saw a…

Oct. 09, 2024 2:43 PM ETDOC, NUV, WELL, IIM, OHI, LTC, VTR, NMZ, PMF, PML, NZF, NVG, MPW, BAB, BBN, SBRA, DMB, CHCTBy: Max Gottlich, SA News Editor Devon Zinnel Some $30B of municipal debt, including bonds sold to finance hospitals, utility systems and senior living homes, is at risk as Hurricane Milton spirals toward Florida at a category 5 strength, according to an analysis from Bloomberg Intelligence published on Wednesday. Source link

The grocery store sector has faced several challenges since the Covid-19 pandemic in 2020 forced many operators to reduce store occupancy levels to 20% to 50% of their capacity to meet social and physical distancing requirements.The lower occupancy requirements led to reduced revenue for stores as many consumers turned to online retail shopping instead of waiting in lines to get their groceries. Don’t miss the move: Subscribe to TheStreet’s free daily newsletterSince the pandemic subsided, stores have faced other financial obstacles such as rising inflation that has increased costs for food and other merchandise, increased labor costs with rising minimum…

Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC), has been making headlines in the cryptocurrency market today. While HBO’s latest documentary claims that Peter Todd, a core network developer, is the person behind BTC, he strongly denied it. Amidst this, several others entered the picture to speculate on Satoshi Nakamoto’s identity.Also Read: Shiba Inu: Shytoshi Kusama Hints at Exiting SHIB ProjectSpeculations And Revelations About Satoshi Nakamoto’s IdentityDogecoin Co-Founder’s StatementDogecoin’s co-founder Billy Markus wanted in on the fun. Markus, who also goes by Shibetoshi Nakamoto, is one of the earliest members of the cryptocurrency community. Alongside Jackson Palmer, Markus rolled out…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.GSK has reached a $2.2bn settlement to resolve the vast majority of cases linked to its heartburn medicine Zantac, in a move that will help assuage legal concerns overhanging the UK drugmaker.The company said on Wednesday it had reached agreements with 10 plaintiff firms representing around 80,000 people who had brought product liability cases against it in US state courts. The settlement covers 93 per cent of all claimants. GSK did not accept any liability.The settlement is below the range of $2.5bn-$4bn…

By Zaheer Kachwala and Akash Sriram (Reuters) – The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in artificial intelligence, even though a final outcome may be years away, analysts said. The DOJ said on Tuesday it may ask a judge to force Google to divest parts of its business such as its Chrome browser and Android operating system, that the Alphabet-owned company used to maintain an illegal monopoly in online search. It is only one of the many potential fixes prosecutors are considering. Barring Google…

A popular crypto trader thinks one Dogecoin (DOGE) rival could be headed for a breakout soon. The pseudonymous analyst known as Altcoin Sherpa tells his 224,000 followers on the social media platform X that if the Solana (SOL)-based memecoin dogwifhat (WIF) manages to break above the $2.845 range, it could surge toward $3.50. Despite the possible breakout, Altcoin Sherpa says he wouldn’t buy at WIF’s current level. Source: Altcoin Sherpa/X WIF is trading at $2.47 at time of writing. The 42nd-ranked crypto asset by market cap is down more than 7.6% in the past 24 hours. The analyst also thinks the…

When the 28-year-old Grammy-nominated rapper Takeoff was killed by gunfire outside of a Houston club in 2022, it rocked not just the Atlanta community, but changed the trajectory of many of his family members’ lives. At Fortune‘s Impact Initiative in Atlanta, Georgia, on Tuesday, Tatiana Davenport, Takeoff’s mother, and Edna Maddox, his grandmother, discussed how losing their family member spurred them to establish the Rocket Foundation, which is committed to ending gun violence in America. The rapper Quavo, Takeoff’s uncle and fellow member of the hip-hop group Migos, is also behind the initiative, and the foundation has disbursed nearly $300,000…

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Good and affordable vacuums can be tough to come by. Whether you want a cordless stick vacuum or a more hands-free robot vacuum, a solid mid-range vacuum can set you back a few hundred dollars. But we spotted an incredible deal on a vacuum during the Walmart Holiday Deals sale that will clean your floors efficiently without breaking the bank.The Shark Navigator Lift-Away XL Vacuum Cleaner is 51% off during the major sales event, going from $200…

Spot Bitcoin ETFs in the U.S. broke their two-day inflow streak on Oct 8, registering a day of negative flows, while spot Ether ETFs followed suit, logging outflows after a day of stagnation. According to data from SoSoValue, the 12 spot Bitcoin ETFs saw net outflows totaling $18.66 million, signaling a potential shift in investor sentiment amid a broader market slowdown. This decline comes after these funds collectively attracted an impressive $260.78 million in inflows over the previous two days. Fidelity’s FBTC and Grayscale’s GBTC lead outflows Fidelity’s Bitcoin ETF bore the brunt of the outflows, with $48.82 million exiting…