The recent failure of Bitcoin to climb above the $60,000 mark is a concerning sign for the future of the asset. Despite several attempts, the cryptocurrency has faced substantial resistance, with the price currently hovering around $57,409. This struggle to stay above the 200 EMA at $58,165 suggests that further declines may be on the
SpaceX’s Falcon 9 rocket, known for its reliability and success rate, recently faced a rare misfire during the “Starlink Group 9-3” mission. The incident, which led to the destruction of the rocket’s upper second stage, has grounded Falcon 9 pending an investigation. This unexpected failure has halted SpaceX’s rapid launch schedule, causing delays in upcoming
The recent market movement saw the Russell 2000 surging by approximately 3.5%, while the S&P 500 experienced a decline of almost 1%. This raises the question of whether this shift indicates profit-taking among the Magnificent 7 or if it signifies a potential end to the megacap secular trend. It appears that both factors are at
Following the recovery of the cryptocurrency market, there has been a noticeable increase in funds flowing back into the market. This influx ranges from retail investors to institutional giants, all hoping to capitalize on a potential strong retrace. Recent data released on July 11 indicates that nine Bitcoin ETFs collectively added 1,661 BTC, amounting to
After the recent reversal of the Chevron doctrine by the U.S. Supreme Court, House Republican leaders have initiated a review of the environmental, social, and governance agency regulations put forth by the Biden administration. In letters addressed to Transportation Secretary Pete Buttigieg, Homeland Security Secretary Alejandro Mayorkas, and Environmental Protection Agency Administrator Michael Regan, House
JPMorgan Chase recently released its second-quarter financial results, surpassing analysts’ expectations in both profit and revenue. The company reported earnings of $4.26 per share, adjusted, compared to the estimated $4.19 per share. Additionally, revenue came in at $50.99 billion, beating the $49.87 billion estimate. These strong figures were driven by a 52% surge in investment
Step inside the luxurious $60 million dollar mansion located in Delray Beach, Florida, known as Mar Pietra. This impressive estate spans over 23,000 square feet and exudes old-school Italian charm with its limestone-clad exterior, featuring 300 stone columns and vaulted ceilings. However, what truly sets this property apart is its hidden subterranean space, which boasts
In a groundbreaking announcement on July 12th, 2024, ChainwireAxiom Foundation revealed its partnership with GolfN to revolutionize the field of Play-to-earn in real-world golf. This collaboration aims to integrate blockchain technology into the golfing experience, offering golf enthusiasts a new way to engage with the sport. Axiom Foundation’s Commitment Axiom Foundation, a non-profit organization, has
Following softer-than-expected inflation data, the dollar stabilized against a basket of currencies, reaching one-month lows. This prompted increased speculation that the Federal Reserve would lower interest rates in September. The Japanese yen also experienced volatility, strengthening significantly on late Thursday. This led to speculation about potential intervention by the Japanese government in currency markets. The
The anticipation of the upcoming Olympic Games in Paris this summer has brought different reactions from various sectors. While more than 10,000 athletes are thrilled to participate in the event, Delta Air Lines has reported a significant decrease in travel demand to the city. CEO Ed Bastian expressed that travelers are choosing alternative destinations over