July’s positive seasonality may drive Bitcoin’s recovery, but macro factors like the June CPI and geopolitical tensions could constitute a hindrance. This week’s Bitfinex Alpha report has revealed that bitcoin usually has a five-to-six-month bear market window where it trades below the Short-term Holder Realized Price. The fifth and sixth months mark the final […]
Mitsubishi officially became one of the largest natural gas producers in the U.S. on Wednesday, following a $7.5 billion deal that positions the Japanese giant to benefit from the surge in gas exports—especially to Japan—as well as from the AI data center boom that increasingly thirsts for more gas-fired power. Mitsubishi closed on its largest […]
Bitmine Immersion Technologies recorded $45.7 million in revenue from Ether staking and validation last quarter, following the launch of its institutional-grade Ethereum staking platform in March. Staking revenue accounted for 98% of total revenue for the three months ended May 31, far outpacing the $624,000 from self-mining Bitcoin (BTC) and the $168,000 from consulting services, […]
In May, Meta laid off 10% of its workforce, impacting nearly 8,000 employees. On Monday, a group of current and former staffers filed a lawsuit alleging the company used AI to target those with disabilities or on medical or family leave for layoffs. Instead of using the judgment of managers, the lawsuit claims Meta used […]
“Stable interest rates may offer some predictability, but they don’t necessarily create relief when other financial pressures remain unpredictable,” Bazian said. “With households still navigating elevated living costs, debt-servicing demands, and broader economic uncertainty, even a modest increase in required payments can force difficult trade-offs, from cutting back further to relying more heavily on credit […]
October NY world sugar #11 (SBV26) on Tuesday closed up +0.13 (+0.88%), and Aug London ICE white sugar #5 (SWQ26) closed up +0.30 (+0.06%). Sugar prices settled higher on Tuesday after Brazil approved a higher ethanol blend in its gasoline, which could potentially boost ethanol demand and prompt Brazil’s sugar mills to boost ethanol output […]
Luis Alvarez/DigitalVision via Getty Images By Jennifer Nash The NFIB Small Business Optimism Index rose 2.1 points to 97.4, beating the 95.8 forecast and reaching its highest level since February. However, the index remains below its historical average for a fourth straight
Getting a passport is already expensive. Paying nearly $20 for two small photos can feel like one more unnecessary charge, especially when several people in your family need passports at the same time. The good news is that you have options. You can have a passport photo taken at a nearby pharmacy, post office, shipping […]
Even with the Warner Bros. Discovery (WBD) acquisition out of its hair — leaving Paramount Skydance (PSKY) to hold the bag — Netflix, Inc. (NFLX) is struggling this year. Shares of the streaming entertainment giant are languishing and have been faltering over the past several months despite markets applauding the decision to not pursue Warner […]
A ‘Baal Aadhaar’ is a special Aadhaar document issued by the Unique Identification Authority of India (UIDAI) for all children below the age of five years. This is a special document, recognizable by its blue colour. The document provides children with a unique 12-digit identification number that can be utilized for school admissions, passport applications, […]