Category: News

The integration of AI within the Web3 ecosystem is taking a significant leap forward, according to Nick Havryliak, CEO and co-founder of data provenance protocol Assisterr. Havryliak told Benzinga in an exclusive interview on Tuesday about the importance of creating a decentralized AI infrastructure to democratize the benefits of AI advancements. “Major tech corporations have…

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) saw its shares decline Friday despite reporting substantial second-quarter profits following a verbal attack from former President Donald Trump. Trump questioned the U.S. obligation to defend Taiwan, flagging the lack of a formal defense treaty between the U.S. and Taiwan, unlike with South Korea and Japan, the Financial Times reports.…

Dogecoin (CRYPTO: DOGE) is enjoying more positive price predictions from traders backed by whale transactions. What Happened: Crypto Daily Trader Signals predicts a violent move for Dogecoin soon: The $DOGE retest is almost done ! Expect a violent move to the upside soon pic.twitter.com/wW4VpxlbdJ — Crypto Daily Trade Signals (@cryptodailyTS) July 18, 2024 Crypto trader…

Former President Donald Trump warned that the United States must embrace digital currencies to prevent China from dominating the field. What Happened: Once a vocal critic of Bitcoin (CRYPTO: BTC), Trump now advocates for digital currencies to be “made in the USA,” emphasizing the necessity to counter China’s growing influence. His shift aligns with a…

Bitcoin (CRYPTO: BTC) miners are looking at a promising future, dubbed a “Goldilocks scenario,” influenced by the “Trump factor,” according to analysts at Bernstein. What Happened: As reported by The Block, analysts Gautam Chhugani and Mahika Sapra noted that the scenario includes a higher likelihood of pro-Bitcoin political change, the U.S. becoming a focal point…

The second-quarter earnings season kicks off this week with key reports from PepsiCo Inc. (NASDAQ:PEP), Progressive Corp. (NYSE:PGR), and Delta Air Lines Inc. (NYSE:DAL) on Thursday, followed by major banks like JPMorgan Chase & Co. (NYSE:JPM), Citigroup Inc. (NYSE:C), and Wells Fargo & Co. (NYSE:WFC) on Friday. Goldman Sachs equity analysts have identified four options…

Gordon Johnson, the founder of GJC Research, joined Benzinga’s PreMarket Prep Friday morning to discuss Tesla Inc (NASDAQ:TSLA) amid the company’s recent share-price rally, with the electric vehicle giant adding more than 40% in market value in the last month. Johnson outlined his bearish thesis on Tesla, and why he believes the stock is overvalued.…

Tesla, Inc. (NASDAQ:TSLA) shares have been on an extended lean patch amid fundamental woes and the electric-vehicle maker’s CEO Elon Musk on Monday suggested that there could be redemption at sight in the long term. What Happened: Musk was responding to a post by asset management firm Baron Capital on X, in which it shared…

Bitcoin (CRYPTO: BTC) has bounced from its poor showing in Monday trading and is trading back above $61,000, despite significant net outflows from spot ETFs. What Happened: At the time of writing, Bitcoin is trading around $61,300, flat over the past 24 hours but up from $59,086 in Monday evening trading. On June 24, these…

Shiba Inu‘s (CRYPTO: SHIB) burn rate and whale transactions count spiked on early Tuesday morning, with traders predicting bullish price action ahead. What Happened: Shibburn data shows the burn rate increasing by 6,018.2% in the last 24 hours, with 10.2 million coins burned in total. On Monday evening, 5.6 million and 3 million coins were…