The crypto market is doing well this weekend, with altcoins doing better than Bitcoin. Some of the top gainers are coins like Arbitrum (ARB), Zcash (ZEC), and PancakeSwap (CAKE). This article provides a forecast for top coins like Dogecoin (DOGE), Ripple (XRP), and Venice Token (VVV). Dogecoin price prediction The daily chart shows that the
Anthropic, the giant company in the artificial intelligence (AI) space, is planning to launch the biggest IPO in the coming weeks. As this happens, more details, including banker selection and prospectus release date are coming out. Goldman Sachs and Morgan Stanley scoop major roles One of the closely-watched move whenever a company as large as
Earlier this year, a fear psychosis had gripped investors that advances in AI would replace software firms, and the sector was all but written off. Anthropic’s launch of new plugins for its Claude Cowork system in February sparked a global selloff in software firms, with the US markets alone losing $300 billion in market value
US stocks ended lower on Friday after stronger-than-expected August employment data increased expectations that the Federal Reserve could raise interest rates at its September meeting. The Dow Jones Industrial Average fell 0.5% or 279.20 points, while the S&P 500 declined 0.38% and the Nasdaq Composite lost 0.3%. The selling came ahead of the three-day Labor
Nvidia stock gave up most of its early gains on Thursday, trading about 0.6% higher after rising as much as 2.5% at the open. The volatile movement follows the company’s announcement that it had agreed to acquire the open-source AI platform Hugging Face for $12.9 billion. The deal, which had been expected after The Information
US stocks rose on Wednesday as Treasury yields eased from recent multiyear highs, allowing the major indexes to recover part of their losses from a three-day losing streak. Investors also assessed higher oil prices, renewed US-Iran tensions and recent economic data for clues about inflation and Federal Reserve policy. The Dow Jones Industrial Average gained
Arbitrum has gained nearly 30% over the past 24 hours as record activity on Robinhood Chain and a sharp increase in trading volume have pushed ARB towards the $0.12 resistance level. CoinGecko data puts ARB near $0.11 at the time of writing, after the token climbed from roughly $0.085 and briefly traded close to $0.12.
Shares of Michael Saylor-backed Strategy (formerly known as Microstrategy) MSTR rose in trading on Monday after the company resumed buying Bitcoin (BTC), ending a 10-week pause in acquisitions. Strategy said in an 8-K filing with the US Securities and Exchange Commission that it acquired 4,603 BTC for approximately $369.7 million between Aug. 24 and Aug.
Crude oil prices held in a tight range this week as investors focused on the stalemate between the US and Iran. Brent, the global benchmark, ended the week at $88.28 a barrel, while West Texas Intermediate (WTI) settled at $83.45. Both benchmarks remain more than 30% below their highs for the year, and key developments
As governments and regulators around the world intensify scrutiny of social media’s impact on children, Meta’s landmark US settlement marks a major shift in how technology companies may be held accountable for the way their platforms are designed and used. Meta has agreed to overhaul parts of Instagram and Facebook in the United States and