Author: Anthony M. Orbison

Pepe Coin (PEPE) made a notable entry into the canine-dominated cryptocurrency industry. The meme coin has witnessed impeccable growth over the last couple of months. About four months ago, the asset hit an all-time high of $0.00001718. But the rough tides on the cryptocurrency market got to the frog-inspired coin, as it slipped and is currently 43% below its peak.Also Read: Top Crypto ETFs to Buy in October: Maximize Your GainsCurrent Market StatusSourceAt press time, the meme coin was trading at $0.000009716 following a 6.19% dip over the past 24 hours. This comes as a shocker to many as the…

ImmuCell Corporation (NASDAQ:ICCC) reported preliminary sales of $6M in the third quarter. During the three-month periods ended September 30, annualized production output was approximately 73% of the company’s estimated full capacity of approximately $30M per year. As of September 30, 2024, the backlog of orders aggregated approximately $7.3 million. Source link

MEXICO CITY (Reuters) – Chinese electric automaker BYD (SZ:) expects to sell 50,000 electric vehicles (EVs) in Mexico this year, and then 100,000 in 2025, the company’s Mexican head Jorge Vallejo said on Tuesday. The executive added that BYD will announce where it will build its first factory in Mexico by the end of this year. Speaking at a forum in Mexico’s industrial hub of Monterrey, Vallejo said the factory will produce 150,000 vehicles in a first phase, and another 150,000 in a second phase, but he did not go into further detail. BYD is seeking an extension of tariff…

USDT, the stablecoin issued by Tether, is reportedly experiencing the impacts of Chinese investors suddenly returning to their nation’s stock market. According to a new report by Bloomberg, USDT has at times traded below the value of the US dollar since the end of September. Stablecoins are usually pegged to the dollar or other assets at a 1:1 ratio. According to Dessislava Aubert, a senior research analyst at blockchain data firm Kaiko, the stablecoin discount coincided with China’s central bank implementing several easing measures in an effort to alleviate a worsening economic outlook that sent stocks surging upward. Says Livio…

Federal Reserve officials are due to speak later about the economic outlook, while Joe Biden will be out campaigning. Fedspeak: Several Federal Reserve officials are scheduled to speak today. President of the Atlanta Fed Raphael Bostic will deliver remarks on the economic outlook at an event in Atlanta, while Boston Fed president Susan Collins will address a conference in the Massachusetts city. The Fed’s vice-chair, Philip Jefferson, will speak at Davidson College, North Carolina.Biden-Harris: President Joe Biden will travel to Milwaukee, Wisconsin, to deliver remarks on the creation of jobs, followed by a trip to Philadelphia, Pennsylvania, to take part…

Cruise lines always want to make sure their passengers have the best possible weather conditions in their cruise ports of call. Even if a port that a cruise ship is scheduled to visit doesn’t close due to bad weather, the cruise line will occasionally revise a cruise itinerary to provide passengers with a better in-port experience. Sometimes, cruise lines will swap one port for another that’s experiencing better weather. Occasionally, they will even reorder the port stops in an itinerary so passengers can still visit all or most of their planned ports, just in a different, and hopefully sunnier, order.…

Neiro, an Ethereum-based meme coin, recorded a strong bullish momentum over the past day despite the market-wide turbulence.  Neiro (NEIRO) has surged 15% in the last 24 hours despite the market witnessing a period of lackluster performance. This uptrend follows a massive 36% gain on Oct. 6, which overshadowed the 9.23% loss NEIRO encountered the previous day. NEIRO 4H chart – Oct. 8 | Source: crypto.news The bullish momentum continued with a 24.51% rally on Oct. 7. An additional 2.42% increase this morning helped push NEIRO into the top spot on the gainers list. NEIRO is up by 15.3% in…

In this edition…a Hugging Face cofounder on the importance of open source…a Nobel Prize for Geoff Hinton and John Hopfield…a movie model from Meta…a Trump ‘Manhattan Project’ for AI? Hello, and welcome to Eye on AI. Yesterday, I had the privilege of moderating a fireside chat with Thomas Wolf, the cofounder and chief scientific officer at Hugging Face, at the CogX Global Leadership Summit at the Royal Albert Hall in London. Hugging Face, of course, is the world’s leading repository for open-source AI models—the GitHub of AI, if you will. Founded in 2016 (in New York, as Wolf reminded me…

By Gabriel Araujo SAO PAULO (Reuters) -Brazilian airline Azul is looking to raise fresh capital after it clinched a deal with lessors to scrap nearly $550 million in obligations, easing market concerns about its debt load, the firm’s chief executive told Reuters on Tuesday. Shares in the carrier jumped after it announced the eagerly anticipated deal with lessors and equipment manufacturers (OEMs), agreeing to give them an equity stake to eliminate some obligations. “We had to solve this problem first and now we can raise capital,” John Rodgerson said in an interview. “We can look forward and not backwards.” Azul…

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from…