Ethereum price consolidates below $2,000, but rising ETH 2.0 staking deposits could prevent further downside. Ethereum (ETH) Bulls Defending $2,000 Support After Profit-Taking Phase Ethereum (ETH) ended the week on a strong note signaling enhanced optimism ahead of the impending Pectra mainnet update. Hoodi network update deployment. Following former U.S. President Donald Trump’s appearance at Blockworks’ Digital Asset Summit, ETH ...
Tron founder Justin Sun has waded into the ecosystem’s conversation amid a push to explore avenues to enhance the protocol’s deflationary status. The Tron ecosystem is pushing a new proposal to implement a Bitcoin-like halving for TRX. In his post on X, Justin Sun revealed how the move will not disadvantage current validators in the ecosystem. Justin Sun and Advocacy ...
Bitcoin price closed trading at $84,220 on Friday, March 21, with positive momentum from multiple news events. Here’s how Coinbase latest $5 bilion acquisition deal could impact Bitcoin prices in the long-term . Bitcoin holds $84K as Coinbase moves to Acquire Deribit Bitcoin (BTC) closed trading around the $84,200 mark on Friday, March 22, as markets retreated from upwards volatility ...
Violent clashes erupted across several cities in Turkey between opposition supporters and state security forces for a second day, as demonstrators demand the release of Istanbul Mayor Ekrem Imamoglu, according to videos and reports from Turkish media outlets. Police in capital city Ankara and Istanbul fired tear gas and used water cannons to disperse protesters gathering, social media videos and ...
Russia and Ukraine traded blame on Friday over an attack on a gas metering station that lies in Russia’s Kursk region, just a few hundred meters from their shared border. The attack on the facility in Sudzha comes just days after the US proposed both sides pause attacks on energy infrastructure. The Russian Defense Ministry claimed Kyiv had “deliberately attacked” ...
Seeing that the earnings slate is light, this week we focus on certain stocks to watch during uncertain times. If you are jittery and risk-averse, we have two safer (boring) stocks, plus one tech stock that has shown great relative strength compared to its peers. Let’s do a deep dive into all three. American International Group (AIG) Insurance stocks have done ...
If one word could characterize this week’s stock market price action, it would be “sideways.” At least it’s better than trending lower. The stock market seemed comfortable with the Federal Reserve’s message on Wednesday, but lost that upside momentum and wasn’t able to follow through on the upside move until the last 30 minutes of Friday’s trading. The Dow ($INDU), ...
The Boston Celtics have been sold for a record $6.1 billion valuation, a person with knowledge of the transaction confirmed to USA TODAY Sports. The person requested anonymity because they were not authorized to speak publicly until the deal was announced by the team. H. Irving Grousbeck and his son Wyc Grousbeck, who were the majority owners of the team, ...
Kentucky men’s basketball coach Mark Pope is a man of his word, even if it comes at a cost. The Wildcats’ first-year coach made waves when he promised to pay the gas for fans to drive to Milwaukee to watch Kentucky play in the 2025 men’s NCAA Tournament. As Pope’s charitable task spread, fans began emailing Pope to see if ...
Bitcoin critic Peter Schiff has strongly criticized the creation of a Strategic Bitcoin Reserve, arguing that it is a deceptive initiative designed to mislead investors into purchasing cryptocurrency. Schiff, a known economist and gold advocate, accused former President Donald Trump of fueling what he describes as a speculative mania that could lead to unprecedented financial losses for American investors. Peter ...
US Securities and Exchange Commission (SEC) Chairman nominee Paul Atkins will appear before the Senate Banking Committee for his long-awaited confirmation hearing in the coming week. The committee will decide whether Atkins is a suitable replacement for Gary Gensler and will also consider other pro-crypto nominations. Paul Atkins US SEC Chair Hearing According to the released schedule, the US Senate ...
You already know about diversification. You’ve set your investment goals, picked a benchmark, and decided on the weighting of your allocations. Now, it’s come down to selecting the assets—stocks or ETFs—to build your portfolio. As a long-term investor with moderate risk tolerance, how might you build a portfolio to withstand market drawdowns and weather the business cycle? There are many ...