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Analysts Turn Bullish on Tesla After Trump’s Election as US President
Tesla stock (NYSE: TSLA) rose almost 15% yesterday and was the rare stock in the renewable energy and electric vehicle (EV) ecosystem to have rallied after Donald Trump’s election as the 47th US president. It was otherwise pretty much a... -
Hodler Investments & GCL Energy Partner with $500M Fund to Boost Ethiopia’s Digital Economy
Hodler Investments, an investment firm from the UAE, has partnered with GCL Energy Investment to start a new energy project in Ethiopia. However, the goal is to build the energy infrastructure needed to power advanced data centers, which will support... -
FTX Co-Founder Gary Wang Seeks No Jail Time, Citing Key Role in SBF’s Conviction
Gary Wang, the co-founder and former technology officer of the bankrupt cryptocurrency exchange FTX, has requested no jail time ahead of his sentencing in Manhattan federal court. Wang's legal team filed a sentencing memo on November 6, asserting that his... -
Ripple Executives Respond to Trump’s Election Victory, Fueling Hopes for Crypto-Friendly Policies
Ripple executives respond to Donald Trump's presidential victory. On Wednesday, November 6, Donald Trump completed his political comeback by winning the US presidential election. Republicans took control of the United States Senate, though control of the House is still unclear. Trump's... -
US Bitcoin ETFs Record Massive Outflow Ahead of Election
On November 4, the US Bitcoin exchange-traded funds (ETFs) saw one of their largest single-day outflows ahead of the November 5 election that could sway market dynamics. Top Funds See Major Outflows According to CoinGlass, eleven spot Bitcoin ETFs experienced... -
Kraken Launches Crypto Derivatives Service for Australian Wholesale Market
Kraken, a prominent cryptocurrency exchange, has introduced a licensed crypto derivatives service specifically for wholesale investors in Australia. This service allows large-scale and institutional clients to access regulated derivatives trading tied to cryptocurrency prices without requiring direct ownership of the... -
Here’s How Analysts Reacted to Apple’s Fiscal Q4 Earnings
Apple (NYSE: AAPL) reported its fiscal Q4 earnings on Thursday after the close of markets. While Apple’s earnings were better-than-expected the stock closed in the red on Friday even as fellow “Magnificent 7” peer Amazon closed sharply higher. Here are... -
Trump’s 2024 Run: Potential Impact on Bitcoin and Crypto Market
Donald Trump is once again in the spotlight as the 2024 election season gains momentum, raising questions about how his potential presidency could impact Bitcoin and other cryptocurrencies. Many Bitcoin supporters view Trump favorably due to his past statements and... -
Consensys Cuts 20% of Workforce, Blames SEC ‘Power Abuse’ for Industry Struggles
A major participant in the Ethereum ecosystem, Consensys, has announced large layoffs, reducing 20% of its workforce. The corporation claims that the SEC has overreached its regulatory authority, and this decision comes amid ongoing litigation concerns with the SEC. The... -
Chainlink Data Streams Launch on opBNB, Boosting DeFi with Real-Time Insights & Faster Transactions
Chainlink has introduced a new feature called Data Streams on BNB Chain’s Layer-2 network, known as opBNB. This is an important update for decentralized finance (DeFi) because it gives developers access to real-time, high-speed market data. With this information, developers...