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: U.S. stocks open lower after rallying five straight weeks

The U.S. stock market opened lower Monday, with investors appearing to take a breather after all three major benchmarks rose for five straight weeks. The Dow Jones Industrial Average DJIA was trading 0.4% lower soon after the opening bell, while the S&...
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News
4 Dec 2023

Envision partners with HBAR and UN on new digitization platform for carbon markets


Envision Blockchain and the HBAR Foundation have teamed up with the UN to create a new suite of decentralized tech to streamline the complex carbon markets.
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Cryptocurrency
4 Dec 2023

BTC price levels to watch as Bitcoin whales ‘lure’ market to $42K


Bitcoin analysis is getting more and more suspicious of the “up only” BTC price action in recent days.
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Cryptocurrency
4 Dec 2023

Bitcoin maxis vs. multichains: Two opposing visions of crypto’s future


Many Bitcoin maximalists are even hesitant to apply the term “crypto” to their preferred asset, as it brooks association with more centralized coins.
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Cryptocurrency
4 Dec 2023

Bybit sees BTC, ETH ‘flight’ of institutional investors to stablecoins, but not for long


Cryptocurrency exchange Bybit has released its latest quarterly report, revealing the trading and holding trends of its institutional traders heavy in positive Bitcoin sentiment.
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Cryptocurrency
4 Dec 2023

: Southwest Gas plans Centuri Holdings spinoff IPO by summer of 2024

Southwest Gas Holdings Inc. SWX said Monday it plans to pursue an initial public offering of of Centuri Holdings Inc. to separate it from the company by the spring or summer or 2024 once it finds a chief executive for the utility infrastructure company...
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News
4 Dec 2023

: Uber’s stock up 4.2% after being added to S&P 500; Oppenheimer raises price target to $75 from $65

Uber Technologies Inc.’s stock UBER soared 4.2% early Monday, after the ride-sharing company’s stock was added to the S&P 500, prompting Oppenheimer to raise its price target to $75 from $65 and reiterate its outperform rating, the equivalent of buy. ...
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News
4 Dec 2023

CAD Price Forecast: Loonie Stalls Ahead of BoC

USD/CAD prices are cautious ahead of US and Canadian economic data with the US dollar possibly looking to make a comeback.
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Forex
4 Dec 2023

Trust the best strategy in crypto bear market — Trust Wallet CEO


Cointelegraph sat down with Trust Wallet CEO Eowyn Chen to talk about how Web3 can become a better experience for everyone.
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Cryptocurrency
4 Dec 2023

On-chain organizations: Skeptics, maxis and what is realistic


The most effective founders are resilient individuals with a growth mindset who are great delegators.
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Cryptocurrency
4 Dec 2023

: EV charger Wallbox rallies on investment from Generac

Wallbox’s stock WBX was rallying by 22% Monday after generator specialist and S&P 500 SPX component Generac Holdings Inc. GNRC said it made a minority investment in the electric-vehicle charging company. Financial terms were not disclosed. Generac will...
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News
4 Dec 2023

: Verizon to offer a Netflix and Max bundle for $10 monthly

Verizon Communications Inc. VZ plans to offer a bundle containing ad-free Netflix and Max for $10 a month combined to customers of its myPlan service. These wireless plans let customers choose which streaming services, bundles or other offers they want...
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News
4 Dec 2023

How generative AI allows one architect to reimagine ancient cities


Cointelegraph spoke with architect and designer Tina Marinaki about her work using generative AI and text-to-image prompts to reimagine the ancient Athenian cityscape.
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Cryptocurrency
4 Dec 2023

: Brookfield evaluating potential next steps after Origin Energy shareholders reject buyout plan

Brookfield Asset Management BAMCA:BAM and Brookfield Renewable Partners BEPCA:BEP.UT said they will evaluate their next steps, if any, after Origin Energy Ltd. AU:ORG shareholders rejected a $10.6 billion takeover proposal with private-equity firm EIG....
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News
4 Dec 2023

: EyePoint Pharmaceuticals’ stock soars 362% after company announces positive data from trial of wet AMD treatment

EyePoint Pharmaceutics Inc.’s stock EYPT rocketed 362% early Monday, after the company announced positive results from a Phase 2 trial of its EYP-1901 treatment for wet age-related macular degeneration, or wet AMD. The company said the study combining ...
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News
4 Dec 2023

: Virgin Galactic shares tumble after Sir Richard Branson rules out further investment

Shares of Virgin Galactic Holdings Inc. SPCE fell 14.1% in premarket trades Monday after founder Sir Richard Branson ruled out further investment in the space-tourism company. In an interview with the Financial Times Branson said that his business empi...
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News
4 Dec 2023

: SilverSun Tech to get $1 billion investment from Jacobs Private Equity as part of spin-off plan

SilverSun Technologies Inc. SSNT said Monday Jacobs Private Equity II LLC agreed to invest $1 billion in cash into the company including money from co-investor Sequoia Heritage and others. Jacobs Private Equity II will become the majority stockholder o...
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News
4 Dec 2023

: Alaska Air downgraded to market perform from strong buy at Raymond James as Hawaiian deal likely to weigh on sentiment

Alaska Airlines Inc. ‘s stock ALK was downgraded to market perform from strong buy by Raymond James on Monday, after it announced it would acquire Hawaiian Airlines parent Hawaiian Holdings Inc. HA for $18 a share, or a 270% premium over its closing pr...
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News
4 Dec 2023

Brazil’s largest bank Itaú Unibanco launches Bitcoin trading — Report


Brazilian bank Itaú Unibanco has reportedly launched a cryptocurrency trading service for its clients as part of its investment platform.
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Cryptocurrency
4 Dec 2023

: General Motors stock up 1.2% premarket after Mizuho upgrades to buy now that UAW strike is over

General Motors Co.’s stock GM rose 1.2% in premarket trade Monday, after Mizuho upgraded the stock to buy from neutral and said the car maker has several catalysts for a move higher now the UAW strike is over. These include that estimated costs of wag...
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News
4 Dec 2023

: Hawaiian Air’s stock soars 174% after Alaska acquires airline for a 270% premium

Hawaiian Holdings Inc.’s stock HA soared 174% in premarket trade Monday, after Alaska Air Group Inc. ALK announced a deal to acquire the parent of Hawaiian Airlines for about $1.9 billion. Under the terms of the deal, Alaska Air will pay $18 a share i...
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News
4 Dec 2023

: State Street taking full ownership of India joint venture with HCLTech

State Street Corp. STT said Monday it will take full ownership of a joint venture in India called Statestreet HCL Services. Financial terms were not disclosed. “Bringing the State Street HCL Services capabilities and expertise in-house will create a mo...
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News
4 Dec 2023

Trezor launches education initiative in Africa, funds Bitcoineta trip


Trezor has officially launched its educational program in Africa in addition to funding Bitcoineta, a West African Bitcoin awareness campaign, and the Africa Bitcoin Conference.
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Cryptocurrency
4 Dec 2023

Platypus exploiters walk free after claiming to be ‘ethical hackers’


While Mohammed M. and his brother were cleared of all criminal charges, 7.8 million euros worth of crypto tokens became inaccessible after getting stuck in a wallet.
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Cryptocurrency
4 Dec 2023

FTSE 100 Stalls While Dax 40, S&P 500 Near July Highs​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 ahead of this week’s US unemployment data.
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Forex
4 Dec 2023

Bitcoin (BTC), Ethereum (ETH) Surge to Fresh 18-Month Highs

Bitcoin and Ethereum have broken through prior areas of resistance and are back at levels last seen 18 months ago.
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Forex
4 Dec 2023

AstraZeneca partners with AI company to find cure for cancer


The collaboration aims to create a zero-shot generative AI model that would work on creating new antibody therapeutics and enhancing existing ones.
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Cryptocurrency
4 Dec 2023

Breakout or $40K bull trap? 5 things to know in Bitcoin this week


Bitcoin surges past the key $40,000 amid a macro liquidity boost, but traders’ predictions include a BTC price crash of 25% or more.
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Cryptocurrency
4 Dec 2023

South African regulator may license 36 crypto companies in December


The Financial Sector Conduct Authority reviewed 128 applications from crypto service asset providers.
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Cryptocurrency
4 Dec 2023

South Korean financial authorities solicit reports on unlicensed crypto exchanges


Financial regulators in South Korea have opened a window of time for people to come forward and report any unlicensed cryptocurrency exchanges operating in the country.
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Cryptocurrency
4 Dec 2023

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