Solana (SOL) has posted 30-day gains of nearly 81%, and has rallied over 30% in the past week amid the testnet launch of the blockchain’s loawaited scaling solution Firedancer. SOL reached over $41 on Nov. 2 touching highs it hasn’t seen since August last year, Cointelegraph Markets Pro data shows. Long touted as an “Ethereum
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An aerial image shows a red roofed house that survived the fires surrounded by destroyed homes and buildings burned to the ground in the historic Lahaina in the aftermath of wildfires in western Maui in Lahaina, Hawaii on August 10, 2023. Patrick T. Fallon | AFP | Getty Images Along East Boston’s waterfront sits The
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. The Federal Reserve held interest rates at a 22-year high on Wednesday but kept open the possibility of additional monetary tightening amid mounting evidence the US economy remains strong. The meeting is the second
Bitcoin (BTC) is at 17-month highs with just 164 days until the next Bitcoin halving event, alongside anticipation of a spot Bitcoin exchange-traded fund (ETF) approval in the coming months. Yet, amid Bitcoin’s 106.38% year-to-date gains, the stablecoin supply rate oscillator (SSRO) has raised a major flag despite suggesting the beginning of a new bull cycle. Stablecoin buying power
A bankrupt Iowa hospital could ultimately end up in the hands of the University of Iowa, which submitted the winning bid in a reopened auction last week. A hearing on Mercy Hospital’s sale to the university is scheduled for Monday in U.S. Bankruptcy Court in Cedar Rapids. Mercy Hospital in Iowa City filed a Chapter
The cost of everything is rising, and it appears that home maintenance expenses are no exception. In fact, according to a recent report, it now costs, on average, $6,548 a year to maintain a single family home. In a previous article, we revealed that on average, homeowners can expect to pay $14,155 a year, or
A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road Forum (BRF), to mark 10th anniversary of the Belt and Road Initiative, in Beijing, China October 18, 2023. Edgar Su | Reuters BEIJING — China signaled support for property developers and resolving
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel said on Tuesday that its troops had moved deeper into the Gaza Strip as it stepped up its assault on Hamas, hours after Prime Minister Benjamin Netanyahu rejected calls for a ceasefire and said
Bitcoin (BTC) price surged by 26.5% in October and several indicators hit a one-year high, including the BTC futures premium and the Grayscale GBTC discount. For this reason, it’s challenging to present a bearish thesis for BTC as data reflects the post-FTX-Alameda Research collapse recovery period and is also influenced by the recent increase in
Transcription: Keeley Webster (00:03):Hello, I am Keeley Webster here with another Bond Buyer podcast. Today I will be providing some insight into California Treasurer Ma’s run for Lieutenant Governor ahead of our broadcast of a fireside chat she did with Wells Fargo director Julia Kim at the California Public Finance Conference. Ma announced in June,
The Ethereum layer-2 ecosystem is likely to continue evolving with diverse technological approaches, according to co-founder Vitalik Buterin. The co-founder of the smart contract blockchain unpacked the current landscape of Ethereum’s scaling ecosystem on his personal blog, with several layer-2 protocols differing in their approaches to bring greater scaling capacity, lower costs and increased security.
Overdue and over budget, a project to redevelop Connecticut’s New London Pier into an offshore wind energy hub for projects along the Atlantic coast is nearly complete. Its first shipments, components for a project in the Long Island Sound, are set to leave port early Tuesday. Launched in 2020 with an original price tag of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israeli prime minister Benjamin Netanyahu sought to convince European leaders to put pressure on Egypt into accepting refugees from Gaza, according to people briefed on the discussions. The idea, which he put forward in meetings with
The recent gains are a rare sight in 2023, even considering Bitcoin’s impressive 108% year-to-date performance. Notably, the last instance of such price action occurred on March 14 when Bitcoin surged from $20,750 to $26,000 in just two days, marking a 25.2% price increase. Deribit BTC options daily volume, in BTC. Source: Deribit It’s worth
Against the backdrop of a big state-funded property tax cut and with a bond guarantee program fully back in business, Texas public school districts are asking voters for almost $18 billion of debt Nov. 7. That accounts for the lion’s share of the $28.48 billion of bonds in 218 measures on Texas ballots, according to
Hopes of approval for a spot Bitcoin (BTC) exchange-traded fund by the United States Securities and Exchange Commission boosted Bitcoin’s price by 27% in October. This improved sentiment, attracting aggressive buying by crypto investors. Bloomberg senior ETF analyst Eric Balchunas highlighted in a post on X (formerly Twitter) that ProShares Bitcoin Strategy ETF (BITO), the
A record number of companies have dropped plans to list on Shanghai’s tech-focused stock market, with regulators raising the bar for initial public offerings in order to pick out domestic champions that can help Beijing’s drive towards technological self-sufficiency. Public records show 126 companies have cancelled or suspended IPO applications on Shanghai’s Star Market so
Bitcoin (BTC) surfed $34,000 at the Oct. 27 Wall Street open as attention turned to BTC price performance against macro assets. BTC/USD 1-hour chart. Source: TradingView Bitcoin range faces weekly, monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding steady, preserving its early-week gains. The largest cryptocurrency avoided significant volatility as the
The Chainlink’s (LINK) token surged by a substantial 61.3% from Oct. 20 to Oct. 25, reaching a peak of $11.78 and marking its highest point since May 2022. LINK price then stabilized around $10.50, prompting investors to question the sustainability of this new price level. Chainlink (LINK) token price, 12-hour, USD. Source: TradingView It’s worth
An Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center in Shakopee, Minnesota, U.S., November 12, 2020. Amazon.com Inc | Reuters The initial third-quarter report on gross domestic product showed consumer spending zooming higher by 4% percent a year, after inflation, the
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