• Nov 27, 2024

Stablecoins Hit Record $190B Market Cap, Surpassing Pre-Terra Crash Peak: CCData

Stablecoin market capitalization rose to $190 billion this month, surpassing the pre-crypto winter peak of April 2022, CCData reported.The crypto rally this year and particularly since the U.S. presidential election fueled demand for stablecoins, which are widely used for trading. The emergence of novel tokenized investment products with fixed prices such as BlackRock's BUIDL and Ethena's USDe also helped growth for the sector.Tether's USDT supply rose 10% over the last month to a new peak of $1

  • Nov 27, 2024

Stablecoins Hit Record $190B Market Cap, Surpassing Pre-Terra Crash Peak: CCData

Stablecoin market capitalization rose to $190 billion this month, surpassing the pre-crypto winter peak of April 2022, CCData reported.The crypto rally this year and particularly since the U.S. presidential election fueled demand for stablecoins, which are widely used for trading. The emergence of novel tokenized investment products with fixed prices such as BlackRock's BUIDL and Ethena's USDe also helped growth for the sector.Tether's USDT supply rose 10% over the last month to a new peak of $1

  • Nov 27, 2024

Stablecoins Hit Record $190B Market Cap, Surpassing Pre-Terra Crash Peak: CCData

Stablecoin market capitalization rose to $190 billion this month, surpassing the pre-crypto winter peak of April 2022, CCData reported.The crypto rally this year and particularly since the U.S. presidential election fueled demand for stablecoins, which are widely used for trading. The emergence of novel tokenized investment products with fixed prices such as BlackRock's BUIDL and Ethena's USDe also helped growth for the sector.Tether's USDT supply rose 10% over the last month to a new peak of $1

  • Nov 27, 2024

US third-quarter economic growth unrevised at 2.8%

The U.S. economy grew at a solid clip in the third quarter, the government confirmed on Wednesday, amid robust consumer spending. Slight downward revisions to consumer spending, government outlays and exports, were offset by upgrades to private inventory accumulation, business investment as well as state and local government spending. Consumer spending, which accounts for more than two-thirds of economic activity, grew at a still-brisk 3.5% pace.

  • Nov 27, 2024

How To Earn $500 A Month From Apple Stock

Apple Inc. (NASDAQ:AAPL) shares closed slightly higher on Tuesday. Apple is reportedly changing its approach to software updates. The tech giant appears to be opting for staggered rollouts of new features instead of bundling everything into annual iOS releases. In his latest weekly “Power On” newsletter, Bloomberg columnist Mark Gurman said that Cupertino plans a significant update with iOS 18.4 this spring. With the recent buzz around Apple, some investors may be eyeing potential gains from the

  • Nov 27, 2024

German cabinet approves measures for better access to capital markets

BERLIN (Reuters) -Germany's cabinet on Wednesday approved a package of measures to promote startups and improve access to capital markets, government sources said, though it was unclear if it could get green-lit by parliament before February elections. The so-called Second Financing for the Future Act is meant to boost anaemic economic growth, in particular by improving the tax framework for investments in venture capital. It includes measures to remove obstacles to investment in infrastructure and renewable energies and cut bureaucracy.

  • Nov 27, 2024

Robotics Company Symbotic Stock Plummets Over 30% After Delayed Filing And Revenue Errors - What's Going On?

On Wednesday, Symbotic Inc (NASDAQ:SYM) announced a delay in filing its Annual Report on Form 10-K for the fiscal year ending September 28, 2024. The company cited the need for additional time to evaluate revenue recognition errors’ financial impacts and address related internal control weaknesses. The stock is down 31% in premarket trade. Also Read: Apple Faces Modest Growth As IDC Forecasts Smartphone Market Rebound These issues were initially identified in Symbotic’s recent earnings release.