CryptoNews

Veteran Trader Peter Brandt Suggests BTC May Have Topped, Predicts a Decline to Mid-$30K – Featured Bitcoin News

According to veteran pro trader Peter Brandt, bitcoin may have peaked when it achieved a new all-time high of $73,835. However, there is a possibility that it could now decline to the mid-$30s or even lower, Brandt said. Interestingly, Brandt suggests that such a decline could be the “most bullish thing” from a long-term perspective. The Exponential Decay Factor In his recent blog post…
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DefenseNews

Boeing’s defense unit shows profit, despite $222M loss on KC-46, T-7

Boeing’s defense unit recorded $222 million in losses in the first quarter of 2024 on two of its main fixed-price development programs, the KC-46A Pegasus refueling tanker and the T-7A Red Hawk trainer, the company announced Wednesday. The KC-46 suffered a loss of $128 million, Chief Financial Officer Brian West told investors in an earnings call, and the T-7′s losses amounted to $94 million.
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Cleantech & EV'sNews

Tesla (TSLA) surges on Elon Musk trying to ride AI wave

Tesla’s stock (TSLA) surged 12% today, one of its best days in a long time, as Elon Musk tries to position Tesla to ride the artificial intelligence wave. In a rare occurrence, Tesla had a pretty bad miss on expectations for both revenue and earnings with its financial results in Q1 2024. Despite the miss, Tesla’s stock surged 12% today. That’s quite the anomaly. So, what gave investors…
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CryptoNews

BNB Announces Native Liquid Staking Addition in BSC – Altcoins Bitcoin News

BNB Chain, one of the largest smart contracts-enabled ecosystems in the crypto environment, has announced the inclusion of native liquid staking in its BSC blockchain. The new feature aims to allow validators to secure the network and maintain the liquidity of its assets while the ecosystem abandons the Beacon chain. BNB Chain Evolves Into a Native Liquid Staking Network BNB Chain, a series of…
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