Author: Anthony M. Orbison

A widely followed crypto analyst believes one Ethereum (ETH)-based altcoin is gearing up for a massive breakout. Crypto trader Michaël van de Poppe tells his 727,900 followers on the social media platform X that decentralized oracle network Chainlink (LINK) is looking bullish on the weekly timeframe as it consolidates above the key support level of $9.54. He also highlights key resistance levels to the upside on the weekly chart, including $12.20, $16.05 and $18.55. “Chainlink is still consolidating above the crucial resistance and flipping that for support. I think anything between $9-$11 is an interesting one to buy into. I…

Venture capitalist Ben Horowitz and his wife plan to make a “significant” donation to the presidential campaign of US Vice President Kamala Harris, just three months after supporting Harris’ rival, former President Donald Trump. In a memo to staff at his firm Andreessen Horowitz, viewed by Bloomberg News, Horowitz emphasized the personal nature of the donation, saying he and his wife, Felicia, have known Harris for years and she has been “a great friend to both of us.” Horowitz and partner Marc Andreessen in July said they were backing Trump, shocking many in Silicon Valley, which has traditionally leaned Democratic.…

During the pandemic, in 2020 and 2021, the U.S. government issued three rounds of stimulus payments, totaling more than $930 billion, to support individuals and families facing financial difficulties.Soon, more than 25 million Americans may soon be receiving a similar gift from the government — perhaps call it a backdoor stimulus — in the form of student loan debt forgiveness.Don’t miss the move: Subscribe to TheStreet’s free daily newsletterThe covid payments were part of broader relief efforts, including increased unemployment benefits and small business loans, with a mission of mitigating the economic impact of the pandemic on households and businesses.The…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In mid-August 2024, Ethereum (ETH) gas fees dipped to 0.6 gwei—a record low since 2019. While some see this as a concerning drop, it is symptomatic of broader, healthier shifts within the ecosystem.  Lower gas fees reflect decreased mainnet transaction volume, which has, in turn, led to reduced staking yields for validators. Simultaneously, the slow adoption of Ethereum exchange-traded funds in the US adds to the market’s uncertainty. These recent events have prompted some to question Ethereum’s…

Netflix stock (NFLX) is up a resounding 50% since the start of the year, with its shares currently trading near the high end of their 52-week range.But don’t break out the bubbly just yet: The company’s next big challenge is maintaining high — and consistent — viewership levels.Netflix recently released the latest edition of its biannual viewership report, where the streaming giant revealed subscribers watched over 94 billion hours on the platform from January to June.Perhaps even more notably, it was the first report that allowed investors to digest the year-over-year trends in Netflix’s global engagement. This comes after the…

By Yasin Ebrahim Investing.com — Business development companies, or BDCs, have been taking the investment world by storm as income-seeking investors clamor into this asset class that has earned a reputation for generating attractive dividend-like returns by filling the middle-market funding gap left by traditional banks. The BDC sector has seen significant growth, according to a recent Jefferies report, with total assets under management increasing from $12 billion in 2000 to over $260 billion by 2023.  What Are Business Development Companies? A BDC is an investment company that typically invests in the middle market industry with a focus on smaller private companies, or those generating about $5 million to $100 million in earnings…

Este artículo también está disponible en español. The recent Chang hard fork upgrade in September has positioned the Cardano (ADA) blockchain as the top player in the crypto ecosystem, according to its founder, Charles Hoskinson.  Hoskinson, who is also known for his role in co-founding Ethereum (ETH), has consistently praised Cardano’s progress over the past month following the recent upgrade, asserting its superiority over the largest cryptocurrencies on the market such as Bitcoin (BTC) in terms of decentralization. Hoskinson Declares Cardano Remains Top Dog In a recent post on social media platform X (formerly Twitter), Hoskinson reaffirmed Cardano’s status, claiming…

Private traders have pushed into the security void in Gaza, providing more food and basic goods than the UN but leaving Palestinians exposed to profiteering and spiralling prices.The share of aid flow from private operators, who have been more able to navigate the dangers of the war-torn enclave, has increased from 5 per cent in April to about 60 per cent in August and September, according to Israeli military data.But traders are paying hefty black market fees for Israeli-issued import permits to gain access to Gaza, as well as significant sums for armed “security companies”. Aid workers and traders in…

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.While a good travel backpack with space for electronics is nice, a dedicated laptop backpack is the best way to ensure your computer remains close and protected at the same time. We found an incredible deal on such a bag during Macy’s VIP sale event, and we’ve got the exclusive promo code for you as well!The Solo New York Everyday Ambition Backpack is only $34 when you use promo code VIP at checkout. That’s a whopping $106…

Este artículo también está disponible en español. Ethereum (ETH) has seen a 10.3% drop from last week’s highs following the recent market downturn. Its performance has worried many analysts and investors, considering ETH could be near another correction. Related Reading Ethereum Whales Send Millions To Exchanges Ethereum has struggled to reclaim some key resistance levels since the October 1 correction. On Tuesday, the cryptocurrency saw its price nosedive from the $2,600 zone to the $2,300 mark, hovering between the lower and higher range of that support level for the past few days. Since then, news of multiple investors moving their…