Dogecoin Surpasses XRP in Market Cap as Elon Musk Hype Surges
Dogecoin’s recent price surge has elevated it past XRP to become the seventh-largest cryptocurrency by market capitalization. This rise, largely fueled by Elon Musk’s influence and potential U.S. political associations, has ignited fresh interest in the meme-based digital asset. Musk’s…
Analyst Predicts XRP to Surpass Ethereum
Crypto analyst Dark Defender has sparked intense debate, claiming that XRP could soon surpass Ethereum in market cap, and possibly even challenge Bitcoin’s dominance. The analyst highlights key factors, including regulatory clarity and Ripple’s expanding partnerships, that he believes set…
Fed Cuts Interest Rates Days After Trump Wins Election
The Federal Reserve has cut interest rates by a quarter of a percentage point, a move aimed at curbing economic strain and supporting borrowers. This decision comes just two days after President-elect Donald Trump’s victory, leaving experts questioning how the…
Powell Stands Firm: “Won’t Resign for Trump, Can’t Be Fired”
Powell’s Unyielding Stance In a direct response to a reporter’s question, Powell’s answer was a firm “No” when asked if he’d resign if requested by Trump. When pressed further about the legal implications, Powell maintained, “No, it is not permitted…
Warren Buffett step up with $185M Stake in SpaceX Rival ?
Buffett’s $185m investment in aerospace spars speculation In an intriguing move, Warren Buffett has made his first venture into an aerospace company after placing $185.37 million on HEICO Corporation-a company which may be rather flying somewhat low but sure to…
Bitcoin’s Next All-Time High Delayed
In a much-anticipated event, Bitcoin enthusiasts around the world have been eagerly awaiting the next all-time high for the world’s largest cryptocurrency. However, despite optimism fueled by recent institutional investments and increased adoption, Bitcoin has yet to break its previous…
Virgin Media O2 Sells £360M Stake
Virgin Media O2 recently sold a 16.67% stake in its mobile tower joint venture, Cornerstone Telecommunications Infrastructure Limited (CTIL), to GLIL Infrastructure for £360 million. This sale, executed through a holding company, enables Virgin Media O2 to partially monetize its…
Canadian Dollar at Risk of Falling
Historic Lows: Key Factors Behind the Decline 1. Economic Uncertainty Drags on the Canadian Dollar The Canadian economy is facing a perfect storm of challenges, including global economic slowdowns, inflation concerns, and domestic fiscal uncertainty. These economic factors are contributing…
Bitcoin Prices Break $70,000
Bitcoin Prices Break $70,000, Highest Since June October 29, 2024 Bitcoin has surged past the $70,000 mark for the first time since June, marking a significant milestone for the world’s largest cryptocurrency. This rally reflects the bullish sentiment in the…
Global Oil Prices Drop Amid Fears of Escalating Conflicts
Surprisingly, global oil prices dropped significantly despite the increase in geopolitically charged tensions in main regions. Analysts continue to be baffled about the behavior of the markets. Traditionally, it was the fear of war that drove up oil prices; thus,…