A Longer Bitcoin Range Could ‘Pave The Way Towards $80K+,’ Says Trader

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Benzinga

Renowned pseudonymous cryptocurrency trader DonAlt shared his latest Bitcoin (CRYPTO: BTC) forecast, as another trader called the price action at the start of the month a “true bull market classic.” What Happened: DonAlt’s tweet on April 4 highlights Bitcoin’s low timeframes, which, according to him, look promising above $68,300, but grim below $65,000. The area in between, he believes, is somewhat of a toss-up. He further states that a longer range would be beneficial for bulls, as it would allow for the digestion of the significant move from $30,000 to $60,000. He believes that this could po… Read More “A Longer Bitcoin Range Could ‘Pave The Way Towards $80K+,’ Says Trader”

Moderna’s Vaccines Day 2024: A Glimpse into the Future of Infectious Disease Prevention

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Benzinga

Moderna, Inc. (NASDAQ: MRNA) recently hosted its fourth annual Vaccines Day, offering a deep dive into the company’s expanding infectious disease vaccines portfolio. President Stephen Hoge opened the event, highlighting the progress Moderna has made in developing a diverse array of vaccines targeting various populations and pathogens, including viruses and bacterial proteins. The event showcased Moderna’s robust pipeline, with 28 vaccines in development, and provided updates on key programs such as the cytomegalovirus (CMV) vaccine, which has completed enrollment for a global clinical trial. T… Read More “Moderna’s Vaccines Day 2024: A Glimpse into the Future of Infectious Disease Prevention”

Jobs Rocket Past Estimates, Be Careful Listening To Stock Market Permabulls

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Benzinga

To gain an edge, this is what you need to know today. Hot Jobs ReportPlease click here for an enlarged version of the chart of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market has broken below the upward sloping trendline.The chart shows that was a perfect setup for the stock market to drop yesterday when Israel went on high alert due to the prospect of Iranian retaliation.As is their pattern, the momo crowd was buying stocks this morning ahead of the mother of all numbers, the jobs … Read More “Jobs Rocket Past Estimates, Be Careful Listening To Stock Market Permabulls”

Israel’s Justice Ministry hacked, documents leaked over Gaza

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The New Arab

Israel’s Justice Ministry said it was looking into a “cyber incident” on Friday after activist hackers protesting against Israel’s war on Gaza said they managed to breach the ministry’s servers and retrieve hundreds of gigabytes of data. “Since the morning hours, experts at the ministry and elsewhere have been looking into the incident and its implications,” the ministry said on social media platform X. “The scope of the materials is still under review and it will take time to examine the content and scope of the documents that were leaked and their sources.” A group called Anonymous for Justi… Read More “Israel’s Justice Ministry hacked, documents leaked over Gaza”

‘Tesla Stock Is Looking Precarious’: Redditor Draws Comparison To Toyota — Bearish Technical Trend Prevails

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Benzinga

Tesla Inc (NASDAQ:TSLA) stock was trading lower, Friday, after reports suggested that Tesla has shelved plans for a low-cost vehicle. The report also suggested that the company may be opting instead to focus on self-driving technologies. CEO Elon Musk refutes these claims, challenging the credibility of the reports. More Details Here: Tesla Reportedly Scraps Low-Cost Car Plans, Elon Musk Denies Story Tesla stock was trading 3.6% lower at $164.88 at the time of publication Friday. Redditor Warns About Tesla’s Growth RateIn a recent Reddit post by user pravchaw on r/ValueInvesting, concerns were… Read More “‘Tesla Stock Is Looking Precarious’: Redditor Draws Comparison To Toyota — Bearish Technical Trend Prevails”

Traders Rethink Interest Rate Cuts, Labor Market Heats Up, Oil Prices Quietly Reach 6-Month High: This Week In The Markets

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Benzinga

Remarks from Federal Reserve officials alongside new economic data significantly shaped investor sentiment over the last week. The U.S. economy continues to demonstrate resilience, with the manufacturing sector returning to expansion after 16 months of contraction and the labor market adding 303,000 new jobs in March, surpassing economist expectations. Buoyed by this positive economic momentum, recent public statements from Federal Reserve officials have tempered expectations of an imminent interest rate cut, with Fed governors reiterating the need to see more positive data on disinflation. Wa… Read More “Traders Rethink Interest Rate Cuts, Labor Market Heats Up, Oil Prices Quietly Reach 6-Month High: This Week In The Markets”

How DePINs Can Disrupt Tech Monopolies and Put People Back in Control Chris Were

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Benzinga

Decentralized Infrastructure Physical Networks — DePINs — have the potential to transform how we access and use real-World services. Potential use cases are only restricted by your imagination. What if… Underpinned by blockchain technology, DePINs make all of this possible — at a time when the infrastructure powering the global economy is experiencing seismic change. Figures from Statista suggest 33.8% of the World’s population don’t use the internet, with people in low-income countries most likely to be shut out of the modern information society. The International Energy Agency estimates that… Read More “How DePINs Can Disrupt Tech Monopolies and Put People Back in Control Chris Were”

Nucor Introduces Weekly Spot Pricing; Cleveland-Cliffs Applauds New DOE Standard; Newmont Concludes $20M Support Fund And More: Friday’s Top Mining Stories

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Benzinga

Top Stories for April 5, 2024: 1. Nucor Corporation (NYSE:NUE) introduced a weekly Consumer Spot Price (CSP) for hot-rolled coil spot pricing starting April 8, 2024, to provide customers with clear, timely information through consistent and transparent pricing. The CSP is based on qualitative and quantitative data and aims to minimize speculation and risk by updating every Monday, with lead times for orders between three and five weeks. 2. Cleveland-Cliffs (NYSE:CLF) praised the Department of Energy’s new transformer efficiency standard that ensures the continued use of Grain-Oriented Electric… Read More “Nucor Introduces Weekly Spot Pricing; Cleveland-Cliffs Applauds New DOE Standard; Newmont Concludes $20M Support Fund And More: Friday’s Top Mining Stories”

Fresh Gaza ceasefire talks to be held in Cairo this weekend

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The New Arab

A fresh round of talks aimed at arranging a Gaza ceasefire in exchange for hostages held by Hamas militants is being planned for Cairo this weekend with US representation, the White House said on Friday. CIA Director Bill Burns will lead the US delegation, a US official said. White House national security spokesperson John Kirby said President Joe Biden told Israeli Prime Minister Benjamin Netanyahu in a phone call on Thursday to empower his negotiators in Cairo so that a deal can be reached as soon as possible. The United States and its allies view a ceasefire as essential to allowing more hu… Read More “Fresh Gaza ceasefire talks to be held in Cairo this weekend”

Balancing Innovation & Compliance: Navigating Europe’s Blockchain Regulations

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Benzinga

By Vijay Pravin, Founder & CEO of bitsCrunch The European Union (EU) was the first major jurisdiction in the World to propose and approve regulation on the crypto market. This came in the form of Markets in Crypto Assets or MiCA. Passed in the EU in 2022, MiCA primarily focuses on maintaining financial stability, protecting investors, and promoting extensive transformation in the EU’s crypto-asset sector. Although it did not come without its own set of obstacles. Regulatory Challenges and the Emergence of Sandboxes and Pilot Programs Blockchain startups in the EU face numerous challenges in co… Read More “Balancing Innovation & Compliance: Navigating Europe’s Blockchain Regulations”