The Open Chess Museum uses AI to unlock and analyze over 200,000 chess games, revealing new insights and strategies.
The automotive sector is reeling as tariffs on steel and aluminum imports take effect, impacting companies like Chevron, Microsoft, Nike, and others. The tariffs have led to increased costs and supply chain disruptions, affecting the sector's profitability and competitiveness.
Sonic USD, an algorithmic stablecoin, has launched on the Ethereum blockchain. Dirham, a new stablecoin, will be pegged to the US dollar. The stablecoins are designed to provide a stable store of value and facilitate fast, low-cost transactions.
Bitcoin and crypto markets are bracing for a potential price flip following the April Fed meeting. A 36 trillion dollar liquidity injection could send prices soaring, with some experts predicting a 20% increase. The market is on high alert as the Fed's actions could have a significant impact on crypto's volatility.
Renowned trader Arthur Hayes believes Bitcoin is poised to skyrocket to a "numerically interesting" number before reaching its market top. He cites the cryptocurrency's historically strong performance during times of market stress, predicting a sharp price increase before a potential top.
As Bitcoin approaches its next bull run, new meme coins are gaining traction. Presales are underway for popular meme coins like Shiba Inu (SHIB), Doge Killer (KIKO), and Floki (FLOKI), which have gained significant attention and support from the crypto community.
The Bancorp Inc. investors who suffered losses are reminded of the May 16 class action deadline. A lawsuit was filed against the company over alleged violations of federal securities laws. Investors who purchased TBBK shares between January 2018 and October 2020 may be eligible to participate.
Bitcoin's RSI (Relative Strength Index) has retested daily levels, indicating a potential reversal. The cryptocurrency's recent price action has formed a descending triangle, suggesting a possible bounce or breakout. Traders are watching for a close above $10,500 to confirm a trend reversal.
The crypto market is expected to grow exponentially by 2025, driven by increasing demand for decentralized finance (DeFi) and non-fungible tokens (NFTs). Institutional investors and corporations will continue to enter the market, driving up prices and adoption. Regulators will play a crucial role in shaping the market's future, balancing innovation with risk management.
South African startup, Bitcoin Circular Economy Project, fosters community ties by creating a decentralized marketplace for local businesses and individuals to trade goods and services using Bitcoin. The project aims to promote financial inclusion, reduce carbon footprint and stimulate local economies.
ExoraPad's presale surges, raising over $40,000 in XRP. The project's success suggests strong demand for the upcoming XRP-based NFT marketplace, potentially outperforming XRP's price post-launch.
Bitcoin's price surged to $95,000, sparking concerns of a bull trap. The sudden increase in value may be a trap for bulls, as it could be a temporary move driven by short-term speculation rather than fundamental value. Market participants are advised to exercise caution and consider the risks before making investment decisions.
Warren Buffett, CEO of Berkshire Hathaway, has expressed concerns about a potential recession. He notes that recessions are inevitable and the market is due for a correction. Buffett's caution is rooted in the historical patterns of market fluctuations, where a recession typically follows a long bull market.
Coinbase predicts Bitcoin price to reach $30,000 by Q2 2023. Analysts warn of potential risks and uncertainties, citing rising inflation and interest rates, as well as regulatory challenges. The prediction comes as Bitcoin's price stabilizes around $23,000, with some experts cautioning against overconfidence in the market's recovery.
As the climate crisis worsens, a new economy is emerging: cryptocurrency. It's a system that rewards those who prioritize profit over people and planet, perpetuating inequality and environmental destruction.
Investors are flocking to "meme stocks" as a new trend emerges. These stocks, often small-cap or penny stocks, are gaining popularity on social media platforms like TikTok and Reddit. The trend is driven by individual investors, rather than institutional ones, and is characterized by rapid price swings and high trading volumes.
Cathie Woods' Ark Invest loaded up on Robinhood, Nvidia-backed CoreWeave, and offloaded Spotify and Roku, citing valuation concerns and growth potential.
As the stablecoin market grows, a predicted 1 trillion supply by 2025 could drive a crypto rally in 2025. Stablecoins' stability and usability could attract more institutional investors, increasing demand for riskier assets. This influx of capital could push up cryptocurrency prices, making 2025 a potentially bullish year for crypto.
Ripple's XRP and Shiba Inu are two popular meme coins. XRP is a well-established digital asset with a large market cap, while Shiba Inu is a newer, community-driven coin with a smaller market cap. XRP is known for its fast transaction times and low fees, making it a popular choice for cross-border payments. Shiba Inu, on the other hand, is known for its high liquidity and strong community support.
Berkshire Hathaway's (BRK.A) high-yield stock, Occidental Petroleum (OXY), has increased its dividend for 24 consecutive years, outpacing the S&P 500. With a 5.4% yield, OXY offers attractive income for investors, making it a Warren Buffett-endorsed pick.