In a surprising twist, Apple is on track to outship Samsung in the smartphone market for the first time in over a decade. This shift is not just about numbers but also about consumer behavior and market trends. The tech world is buzzing with the news that Apple might ship around 243 million iPhones this year. That's a big deal because Samsung, which has been the top...
Bitcoin has made a strong comeback, reaching $88, 000 this week. This isn't just a small bump; it's a significant recovery after a tough period. In the last 24 hours alone, over 122, 000 traders faced losses totaling $311. 65 million. That's a lot of money changing hands in a short time! Other cryptocurrencies are also making waves. Ethereum is eyeing the $3, 000 ma...
The crypto world is taking a breather. Bitcoin and Ethereum are trading in a tight range. Bitcoin is stuck between $86, 000 and $88, 450. Ethereum is hovering around $3, 000 but can't break through. Trading volume is down 11% in the last 24 hours. Bitcoin's share of the market is slipping. It's now below 58%. Ethereum's market share is also down to 11. 8%. Meanwhile...
Ethereum has been on a wild ride, dropping from a high near $4, 800 to the high $2, 000s. But Tom Lee, a well-known figure in the crypto world, thinks the worst might be over soon. He points to $2, 500 as a key level where selling could stop, setting the stage for a big rebound. Lee believes the recent drop isn't about Ethereum's value declining, but rather one big ...
The Chicago Mercantile Exchange (CME) managed to get its trading platforms back online, but not before causing a stir in global financial markets. The outage, which lasted several hours, affected trading in Asia and Europe before the U. S. markets could react. The main trading platform, Globex, finally came back online at 8:30 a. m. New York time, just in time to wra...
Michael Burry, the investor who made a name for himself by predicting the housing market crash, has started a new group chat on Substack. It's been a whirlwind since he invited his paid subscribers to join in. Burry recently switched gears from managing a hedge fund to running a Substack called "Cassandra Unchained. " In just a few days, he's gathered over 97, 000 s...
In the world of business, things are always changing. Let's take a look at some recent developments. First up, Naver Corp. is making a big move. They're buying Dunamu Inc. , the company behind South Korea's popular crypto exchange, Upbit. This deal is all about stocks, and it means Naver will have a big say in how things run. Despite the recent drop in crypto values...
In the world of news, some stories stand out for their uniqueness and impact. Recently, Richard Branson shared the sad news of his wife Joan's passing after 50 years of marriage. He described her as his best friend and guiding light, highlighting the deep bond they shared. Meanwhile, the CEO of Cracker Barrel, Julie Masino, reflected on the backlash she faced after ...
Holiday shopping is in full swing, but it's crucial to back local businesses too. While big stores have sales, small shops need our support to stay afloat. Shopping small boosts the local economy, promotes sustainability, and encourages innovation. Phoenix Flea stands out with its 12th annual event. Over 125 local businesses and food trucks gather here. It's a great...
Bitcoin's price movements have often been linked to a supposed four-year cycle tied to its halving events. However, recent analysis suggests this cycle is more of a myth than a reality. Critics argue that the idea of a predictable four-year pattern is based on flawed statistics and selective data. The halving events, where the reward for mining new blocks is cut in ...