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Kelly Slater Talks Psychedelics: Healing Trauma And Unlocking Potential
Monday, December 2, 2024 - 4:46pm | 523Kelly Slater, the 11-time World Surf League champion, recently joined the growing conversation around psychedelics. In an appearance on the Everyday Warrior podcast, Slater discussed their transformative potential for mental health and human performance. Widely considered the greatest surfer of...
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Leveraged MicroStrategy ETFs Are Playing With Fire, Experts Warn
Monday, December 2, 2024 - 4:04pm | 766Investors have poured billions into two highly leveraged ETFs linked to MicroStrategy Inc. (NASDAQ:MSTR), a company synonymous with aggressive Bitcoin (CRYPTO: BTC) investments. What Happened: The T-Rex 2X Long MSTR Daily Target ETF and the Defiance Daily Target 2X Long MSTR ETF collectively now...
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Why Bitcoin's Institutionalization Is 'A Concern'
Monday, December 2, 2024 - 12:08pm | 750Bitcoin's (CRYPTO: BTC) transition from a decentralized digital asset to one dominated by institutional players has introduced a new set of risks. What Happened: With Bitcoin exchange-traded funds (ETFs) in the U.S. now holding over 1 million tokens—equivalent to 5% of its total supply—the...
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Amazon's AWS CEO Teases Major AI Advancements
Monday, December 2, 2024 - 11:51am | 676The Amazon Web Services re:Invent conference kicks off Monday in Las Vegas, bringing fresh updates on cloud computing and artificial intelligence. Ahead of the event, Matt Garman, chief executive of Amazon.com Inc's (NASDAQ:AMZN) cloud unit, described AI as a transformative force with endless...
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Gap Analyst Praises Turnaround Strategy As Stock Climbs
Monday, December 2, 2024 - 11:30am | 320Shares of Gap Inc (NYSE:GAP) were climbing on Monday, a week after the company reported upbeat quarterly earnings. The company reported the fourth straight quarter of revenue growth and seventh consecutive quarters of market share expansion, according to JPMorgan. Analyst Matthew Boss upgraded the...
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Biden Targets China With New Chip Restrictions, Nvidia Slides
Monday, December 2, 2024 - 9:49am | 733On Monday, the outgoing Biden administration will implement its third crackdown on China’s semiconductor industry within three years, citing the same national security threats as reasons it mentioned for its prior sanctions, intensifying geopolitical tensions between the countries. The...
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Ethereum ETF With Integrated Staking To Be Approved In The Future: Bernstein
Monday, December 2, 2024 - 8:54am | 405Ethereum (CRYPTO: ETH) ETFs could soon offer staking yields, marking a significant evolution in institutional crypto investment, according to a new Bernstein report. What Happened: Bernstein analysts on Moday emphasized that integrating staking yields into ETFs would not only improve their...
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Vladimir Putin Signs Bitcoin Mining, Crypto Taxation Law
Friday, November 29, 2024 - 9:59am | 351Russian President Vladimir Putin has signed a law introducing taxation on income and expenses derived from digital currency mining, purchase and sale. What Happened: Published on the official legal information portal, the legislation recognizes digital currencies as property under the Tax Code and...
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Gold Flora Faces Receivership Proceedings As Financial Struggles Deepen
Wednesday, November 27, 2024 - 3:29pm | 465California-based cannabis operator Gold Flora Corp. (OTC:GRAM) is on the brink of receivership (a legal process in which a court appoints an independent party to manage a company's assets and operations, often as a last-ditch effort to recover debts or restructure the business) as it struggles with...
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Nvidia CEO Jensen Huang Likes To 'Torture' AI
Wednesday, November 27, 2024 - 2:22pm | 417NVIDIA Corp (NASDAQ:NVDA) founder and CEO Jensen Huang has an interesting way of learning from AI that involves tormenting chatbots with follow-up questions. What To Know: In an interview over the weekend at the Hong Kong University Of Science & Technology, Huang suggested that students adopt...
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DMT: The Hidden 'Spirit Molecule' Within Your Body
Tuesday, November 26, 2024 - 12:20pm | 801DMT, or dimethyltryptamine, has intrigued researchers and psychedelic enthusiasts for its profound effects on consciousness. Known for inducing otherworldly visions, from “machine elves” to mystical figures, some scientists now propose that DMT may play a key role in extraordinary...
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Bitcoin Slides Below $95,000 — Analyst Predicts Potential Correction To $85,000
Monday, November 25, 2024 - 3:35pm | 471Bitcoin's (CRYPTO: BTC) recent rally could face a sharp downturn, with a prominent trader warning of a potential correction if the cryptocurrency fails to break the $100,000 resistance level. The forecast, which points to a drop as low as $85,600 in a worst-case scenario, comes as Bitcoin shows...
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Editas Medicine Downgraded: Analyst Sees Limited Near-Term Catalysts
Monday, November 25, 2024 - 1:59pm | 438BofA Securities downgraded Editas Medicine Inc (NASDAQ:EDIT), citing few value-driving catalysts in the near term. In its third-quarter earnings release, Editas Medicine said it engaged an investment bank to lead the process of partnering or out-licensing reni-cel (renizgamglogene autogedtemcel,...
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Anglo American Sells Coal Portfolio For $3.8 Billion
Monday, November 25, 2024 - 11:04am | 539Anglo American (OTC:AAUKF) has agreed to sell its Australian steelmaking coal portfolio to Peabody Energy (NYSE:BTU) for up to $3.8 billion. The sale marks another step toward future-facing commodities, following the $1.1 billion sale of its stake in the Jellinbah Group earlier this month. “...
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Why Bitcoin's Rally Is Stalling Below $100,000
Monday, November 25, 2024 - 9:46am | 509Top cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), and XRP (CRYPTO: XRP) are seeing declining bullish sentiment despite rising cost bases for holders. What Happened: Santiment data shows the crypto market sentiment, which had been bullish following a...