Author: Anthony M. Orbison

The Shiba Inu (SHIB) market had a notable year. While it started 2024 on the low, it picked up and surged to a high of $0.00004534. During this period, the network revealed a roadmap. Amidst this, Shibarium, a Layer-2 scaling solution intended to improve transaction speed and lower costs, was also shining throughout the year. Shiba Inu’s evolution from a meme coin to a full-fledged cryptocurrency reveals its dedication to long-term development. Can this further push the price of the meme coin?Also Read: Can Trump and Xi’s Talks Stop De-Dollarization and Save the U.S. Dollar?Shiba Inu’s Current PriceSource: CoinMarketCapAt press…

(Bloomberg) — MicroStrategy Inc., the dot-com-era software maker whose metamorphosis into a leveraged bet on Bitcoin has transfixed Wall Street, is joining the Nasdaq 100 Index, the benchmark’s overseer said Friday. Software company Palantir Technologies Inc. and Axon Enterprise Inc., a maker of Tasers and police body cameras, will also be added. Most Read from Bloomberg Illumina Inc., Super Micro Computer Inc. and Moderna Inc. will be removed from the Nasdaq 100. The changes will be effective prior to market open on Monday, Dec. 23. The decision to add MicroStrategy, announced late Friday by Nasdaq Global Indexes, represents a major…

By Mike Scarcella (Reuters) -OpenAI asked a federal judge in California on Friday to reject a request by billionaire Elon Musk to halt the ChatGPT maker’s conversion to a for-profit company. OpenAI also published a trove of emails and text messages with Musk on its website to argue that he initially backed for-profit status for OpenAI before walking away from the company after failing to get a majority equity stake and full control. Musk, who was an OpenAI cofounder, has since launched a competing artificial intelligence company, xAI. Musk sued OpenAI, its CEO Sam Altman and others in August, claiming…

A widely followed crypto analyst is highlighting whale activity surrounding popular crypto assets such as Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during this week’s market dip. In a new thread on the social media platform X, crypto strategist Ali Martinez tells his 98,300 followers that deep-pocketed investors have loaded up on smart contract platform Cardano during the last two days. “Cardano whales bought over 80 million ADA in the last 48 hours!” Source: Ali Martinez/X Cardano is trading for $1.14 at time of writing, a 6.22% decrease during the last 24 hours. Moving on to the dog-themed meme…

Dec. 13, 2024 5:41 PM ETS&P 500 Index (SP500), SPYXLU, IVV, RSP, XLE, XLV, XLB, XLF, XLI, XLK, XLP, XLY, SH, SSO, SDS, UPRO, VOO, XLRE, SPXU, XLC, COMP:INDBy: Anuron Mitra, SA News Editor franckreporter/iStock via Getty Images The S&P 500 (SP500) on Friday slipped 0.64% for the week to end at 6,051.09 points, posting losses in three out of five sessions. Its accompanying SPDR S&P 500 ETF Trust (NYSEARCA:SPY) shed 0.59% for the week. The benchmark index halted a three-week win Source link

With more and more travelers using Apple  (AAPL) ‘s AirTags to keep track of their bags, several airlines are jumping the gun and integrating them into their checked luggage systems.On Dec. 12, United Airlines  (UAL)  announced that it would integrate Apple’s new Share Item Location into the carrier’s app to allow passengers with lost luggage to share an item’s location with the airline. While this will only work for those who have put an AirTag into their suitcase (the airline will not provide them), it can help skip back-and-forth communications with an airline representative.Don’t miss the move: SIGN UP for…

Bitcoin is back above $100,000 after a slight correction early this week. A 2024 Pew Research Center poll shows that 17% of U.S. adults say they have ever invested in, traded, or used a cryptocurrency. This statistic has been unchanged since 2021.  Bitcoin’s rally past $100,000 has resulted in fear of missing out among many investors. The Fear and Greed Index that gauges market sentiment reads “extreme greed.” However, sidelined traders looking to enter trades could consider cheap altcoins as alternatives to the largest cryptocurrency in this market cycle.  Trump’s crypto plans catalyze gains in Bitcoin and altcoins  The incoming…

Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.Ukraine’s military leadership has fired the commander who oversaw its operations in the eastern Donetsk region, where Kyiv’s defences are buckling as Russia pushes towards a key logistics hub. A Ukrainian official confirmed to the Financial Times on Friday that Oleksandr Lutsenko had been removed from his position as commander of the Donetsk operational and tactical group. Ukraine’s forces, under Lutsenko’s command, had failed to stop Russia’s sweeping offensive that has taken an area roughly half the size of London in…

By Valerie Volcovici and Leah Douglas (Reuters) – Texas has seen surging interest from companies hoping to bury carbon dioxide in its oilfields, putting the state at the vanguard of a government-subsidized program to fight climate change. But pumping CO2 into the ground could exacerbate earthquakes and well blowouts already happening in the Permian Basin as Texas struggles to manage wastewater disposal, potentially undermining public support. “Without legitimate oversight of underground injection in Texas, we expect more geyser-like well blowouts, sinkholes, leaks from plugged and unplugged wells, and injection-induced earthquakes,” said Virginia Palacios, executive director of Commission Shift, a Texas…

VanEck projected significant developments for the crypto industry in 2025, ranging from a dual-peaked bull market to the US adopting Bitcoin as a strategic reserve asset.The firm’s 2025 predictions report envisions milestones that could redefine the role of digital assets in global finance, driven by regulatory clarity and institutional momentum.Bull market peaks and strategic US adoptionVanEck forecasts a dual-peaked bull market, with Bitcoin (BTC) and Ethereum (ETH) reaching new highs in the first quarter before a mid-year consolidation. Additionally, a recovery in the fourth quarter is expected to drive both assets past their earlier peaks.The firm anticipates Bitcoin hitting $180,000,…