Binance founder Changpeng Zhao (CZ) poked holes at degens over the rush for quick and easy gains in the cryptoverse. CZ says pitching tents with credible projects is a better investment strategy in the long term for investors in the space.# A Fortune Is Spent Investing In Shady Projects, Says Binance Founder CZ has taken swipes at “degen” activity in ...
Ethereum price dived below $2,000 on March 9, mirroring the broader market downtrend. Institutional investors are offloading ETH, increasing downside risks. Ethereum Price Dives Below $2,000 as US NFP Tilts Markets Bearish Ethereum (ETH) experienced significant losses over the weekend as the highly anticipated White House Summit failed to lift market sentiment. Instead, the latest US Non-Farm Payroll (NFP) report ...
Dine Brands hopes to boost sales this year with a wider swath of value meals and buzzier advertising after a rough 2024 for Applebee’s and IHOP. “We had a soft year in 2024, which disappoints us, but we’re focused on improving that in 2025,” Dine Brands CEO John Peyton told CNBC. “We’ve got to have compelling messages and compelling promotions and ...
Struggling drugstore chain Walgreens is going private. The company on Thursday said it inked a deal with private equity firm Sycamore Partners that will take it off the public market for an equity value of around $10 billion. Sycamore will pay $11.45 per share in cash for Walgreens. Shareholders could also receive up to $3 more per share in the future from sales of ...
Here’s a quick recap of the crypto landscape for Friday (March 7) as of 9:00 p.m. UTC. Bitcoin and Ethereum price update Bitcoin (BTC) is currently trading at US$86,934.56, reflecting a 2.5 percent decrease over the past 24 hours. The day’s trading range has seen a high of US$90,940.27 and a low of US$86,701.87. Ethereum (ETH) is priced at US$2,155.47, ...
Tech stocks were active this week, impacted by a broader market correction, key announcements and funding rounds. Google’s (NASDAQ:GOOGL) introduction of AI Mode, a powerful new search tool for complex, multi-part questions, as well as Shield’s estimated US$5.3 billion valuation after securing US$240 million in a new funding round offer a snapshot of the rapid innovation and investor interest driving ...
Sonic Labs co-founder Andre Cronje has explained the reasons for Ethereum’s (ETH) faltering price performance in recent months. The DeFi godfather points to rising competition from Solana and Tron and internal wrangling on Ethereum as reasons for the network’s decline. Andre Cronje Identifies A Boatload of Factors Affecting Ethereum As analysts continue to scratch their heads over Ethereum’s underperformance, Andre ...
Popular Bitcoin advocate and CEO of Jan3 Samson Mow has once again predicted that Bitcoin could hit $1 million, drawing on a recent shift in the market. While responding to the White House official X account promoting Bitcoin, he revealed this on his X account. The Samson Mow Prediction and Rationale According to Samson, Bitcoin will reach $1 million much ...
The next step in the stock market will be very interesting. I’ve been discussing a potential Q1 correction since our MarketVision event the first week of January and it’s here. The NASDAQ 100 ($NDX), from its high on February 19th (22222.61) to its low on Friday (19736.81), fell 11.19% before rallying Friday. The NASDAQ 100’s correction has been reached. The ...
Ethereum price declined 8% in the last 24-hours, plunging below the $2,100 as as US Non-Farm Payroll (NFP) data introduces fresh volatility. The market reaction has kept ETH pinned below $2,142, struggling to establish a bullish recovery as sellers remain in control. Ethereum price dropped below $2,100 on Friday, amid inflation readings in US NFP Ethereum’s price decline below $2,100 ...
Coinbase CEO Brian Armstrong has announced plans to hire 1,000 employees in the United States in 2025, attributing the decision to recent regulatory advancements under President Donald Trump’s administration. Armstrong made the statement following the White House Crypto Summit, where he and other industry leaders met with government officials to discuss crypto regulation policies. Coinbase CEO Brian Armstrong Announces 1,000 ...
MELBOURNE, Australia (AP) — A 17-year-old boy with a loaded shotgun boarded a plane at an Australian airport before being restrained by a pilot and two passengers, police said Friday. The boy was disarmed and detained before police arrived on the scene Thursday at Avalon Airport in Victoria state. Barry Clark, a passenger who tackled the suspect, said the boy ...