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With the highly anticipated report due today, Intel (INTC) is projecting a net loss of more than $950 million. The company is set to announce the earnings after the bell Thursday, as it looks to avoid a continued drop that began with its underwhelming Q2 earnings announcement. The company has struggled to keep up with the growing AI demand. Moreover, the upcoming report doesn’t look like it will be a key drive for a turnaround any time soon. With the company contemplating a sale of its $17 billion Altera business, the stock may be stuck until more answers arise. Source: CNN Also Read: Intel: INTC Expects Steepest Revenue Drop in 5 Quarters Amid AI Struggles Intel Q3 Earnings Arriving Halloween: What to Expect The last two years have seen AI products dominate the information technology sector. Moreover, it has driven Wall Street, as companies like Nvidia (NVDA) are up almost 200% on the year. However, some companies have struggled to compete in the ever-shifting landscape. Chief am...

Crypto exec admits trying to wash trade FBI’s fake NexFundAI token The founder of MyTrade, a cryptocurrency firm that was caught wash trading by the FBI, pleaded guilty on Wednesday to manipulating crypto markets for his client firms. Liu Zhou was arrested in the wake of the FBI’s “Operation Token Mirrors,” a sting that used an FBI-created token called NexFundAI to out various companies engaging in wash trading. The FBI discovered 60 cryptocurrencies involved in the scheme and seized $25 million worth of crypto assets. Zhou and MyTrade offered a service called Volume Support that used bots to repeatedly buy and sell any desired token, artificially inflating their volume. However, the scheme came crashing down when FBI agents posing as NexFundAI advisors approached the company with a view to becoming one of its clients. At this point, the 39-year-old revealed that his firm “does self-trades — a buy and a sell in the same second,” and executes “ pump...

Bitwise CIO Matt Hougan recently spoke with Yahoo Finance on Bitcoin’s future, saying the cryptocurrency may soon reach above $100,000. The asset manager’s CIO said in the interview, “I think we’re going above $100,000 on Bitcoin.” JUST IN: Bitwise CIO says "I think we're going above $100,000 on #Bitcoin." — Watcher.Guru (@WatcherGuru) October 30, 2024 Hougan cited several factors that are currently pushing Bitcoin’s price upwards. In particular, he shed light on the upcoming US election and its impact on cryptocurrency. “I think the most important thing for Bitcoin is that the election happens,” Bitwise Asset Management Hougan says. “Regardless of a Trump win or a Harris win, the regulatory setting for bitcoin is improving, and I think that’s what you’re seeing reflected in the price.” BTC recently surpassed its previous all-time high, reaching $73,800 for the first time on Tuesday. As the election looms, mo...

Bitcoin is edging closer to a new all-time high after touching $73.5k on Oct. 29 as daily inflows into US spot BTC ETFs (exchange-traded funds) surged. An $870 million influx into spot Bitcoin ETFs on Tuesday, the third-highest daily total since the investment vehicles launched in January, was led by the $629 million that flooded into BlackRock’s IBIT. Bitcoin Inches Closer To ATH The surge in ETF flows helped power the Bitcoin price higher, with the king of cryptos touching a daily high on Tuesday of $73,577, just shy of its all-time high of $73,750 recorded in March.  This surge in investment into BTC comes amid growing optimism that pro-crypto candidate Donald Trump will win the presidential election next week. Polymarket betting odds show Trump leading Kamala Harris by 66.9% to 33.1%, based on over $2.7 billion in wagers.  The BTC price pared earlier gains to trade at $72,356 as of 05:48 a.m. EST, having jumped 1.6% in the last 24 hours, acc...

The GameStop price surged 25% in the last 24 hours to trade at $0.004810 as of 07:36 a.m. EST on trading volume that skyrocketed 156% to $17 million, according to CoinGecko . GameStop Price On A Bullish Trend Reversal According to the GME/USDT chart Analysis on the 4-hour timeframe, the GameStop price has been on a notable downtrend from mid-October, as the bears took charge of the price within the $0.00530 resistance. GME has been trading within a falling channel pattern, recording lower lows and lower highs. In the last three days, the price of GameStop has been on a bullish trend reversal, with the bulls pushing the price above the upper boundary of the falling channel. The bulls aim to push the price further, with the GameStop price now trading above both the 50-day and 200-day Simple Moving Averages (SMAs), which supports the bullish sentiments. Furthermore, the Relative Strength Index (RSI) also supports the bullish prospects, as the RSI crosses the 70-overbought region, cu...

The Grass price has surged 8% in the last 24 hours to trade at $0.8491 as of 12:25 a.m. EST on trading volume that pumped 125% to $209 million. The jump in the GRASS price comes despite technical issues during the Grass network’s airdrop on Solana, which left many Phantom wallet users unable to access their tokens. This airdrop, intended to reward early supporters with 10% of the total supply (100 million GRASS), was marred by operational setbacks, leading to criticism and casting doubt on the project’s preparedness. Can’t claim $GRASS airdrop? -> Click on Priority(Fast) set it to “Turbo” -> Click on settings, select Quicknode RPC endpoint. Hit save and claim. -Must have 2-3$ worth SOL in wallet -Use @Backpack wallet( If phantom is not working for you) Feel free to comment down if you… pic.twitter.com/w8gxUP3gUA — avinsgolakiya.eth (@Avinsgolakiya) October 28, 2024 This mishap, coupled with weak market performance and high selli...

The MAGA HAT price soared 18% in the last 24 hours to trade at $0.0002243 as of 5.15 a.m. EST on trading volume that skyrocketed 53% to $20.31 million. This is an exciting time for MAGA holders, as the token just managed to breach the barrier at $0.00020 — a major resistance that held the token back from early July. MAGA has now surged 42% in a week and 225% in the past month. In other words, the token has been skyrocketing for a while now, but always, the resistance at $0.00020 stood in its way. Now, however, MAGA managed to go beyond it, likely as a result of the hype that the PolitiFi sector has seen lately. Donald Trump’s popularity has seen another surge after his recent appearance on the Joe Rogan Experience podcast, which has already resulted in countless videos reviewing and dissecting each statement by the former president. Many have speculated if the podcast might be a “game-changer” for Trump’s campaign, but in the crypto sector, Trump-relat...

The Ethereum price prediction shows that ETH is struggling to trade near the resistance level of $2600 as the coin remains below the moving averages. Ethereum Prediction Statistics Data: Ethereum price now – $2493.36 Ethereum market cap – $300.30 billion Ethereum circulating supply – 120.40 billion Ethereum total supply – 120.40 billion Ethereum Coinmarketcap ranking – #2 Crypto projects can be incredibly rewarding, especially for those who get involved early. Take Ethereum (ETH), for instance. Since its all-time low of just $0.4209 on October 21, 2015, it has skyrocketed by an impressive 593,223.13%. The journey from that low to its current performance highlights the powerful growth potential in the crypto space. Looking at the price performance over the past 24 hours, the token has fluctuated between a low of $2462.27 and a high of $2503.51. Although it’s currently about 48.95% down from its all-time high of $4891.70, reached on November 16...

A trading expert and known crypto analyst highlighted the “last SHORT” opportunity he will publish in years. In this recent Analysis , Alan Santana shared what he called a Solana (SOL) premium trade, setting bearish price targets. “This is the last public short of this period/cycle, once this and the other trades fully develop we will be living in a different world, truly. Things are about to change massively. This is the last SHORT that you will see me publishing in years, literally, so have fun.” – Alan Santana According to the analyst, Solana’s price chart remains bearish, making a new lower high in the two-day time frame. Santana forecasts a 378% potential for a 6x leveraged short position with good risk-reward if things play out as expected. Picks for you What USDT dominance is telling us about Bitcoin...

Microsoft (NASDAQ: MSFT) shareholders will vote on a Bitcoin (BTC) investment proposal on December 10. The company’s board has positioned against it, fueling speculations with the growing controversy. Finbold turned to Perplexity AI for real-time analysts’ insights on Microsoft stock price prediction related to the voting issue. Essentially, Perplexity Online is an artificial intelligence model that can scan the web for up-to-date analyses, competing with OpenAI’s ChatGPT. The model has already provided an Nvidia stock price prediction and analyzed McDonald’s recent E. coli outbreak, leveraging its capacities. Picks for you Commodity strategist pinpoints levels where silver's fate hangs in the balance 40 mins ago ...

Dogecoin is one of the leading tokens in the world of cryptocurrency. Its modest price surge this October is compelling investors to wonder whether November will prove lucrative for the coin. Let’s explore how Doge may perform this November 2024. Also Read: PayPal Holdings (PYPL): How Will Stock Perform After Q3 Earnings? Dogecoin Attracts Gains, Notes Renewed Market Interest Source – Bitcoinist As per the latest post by Santiment, investors are now keenly awaiting Bitcoin’s price surge to $70K. With BTC hovering over $67K-$68K, a little market push may help Bitcoin touch the coveted price mark of $70K, ushering in a wave of price surges for several altcoins, including DOGE. This sentiment has compelled investors to take a new interest in Doge, which has spiked its price to a certain extent. “ This pictured chart does not show the prices of these coins. Instead, it illustrates the ratio of positive vs. negative sentiment (and volume of conversations) toward $APE,...