Author: MNK News

Ethereum price has recoiled in the past few weeks despite having some positive exchange-traded funds and staking inflows. Ethereum (ETH) was trading at $3,400 on Dec. 29, down by over 17.2% from its highest level this month. This retreat occurred as Ethereum continued to see strong fundamentals. Data by SoSoValue shows that the daily inflows jumped by $47.7 million on Friday. The funds have had inflows in the last four consecutive days with two days of outflows over the last 25 days. The cumulative net inflows of these ETFs has moved to over $2.68 billion, bringing the total net assets to…

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Jimmy Buffett’s version of “Mele Kalikimaka” returns to Billboard’s World Digital Song Sales chart, … [+] hitting a new high—and bringing him to a new all-time peak. Jimmy Buffett performs with Ilo and the Coral Reefer Allstars during Bonnaroo 2009 on June 13, 2009 in Manchester, Tennessee. (Photo by Tim Mosenfelder/Getty Images)Getty Images Jimmy Buffett died last fall, but his fans are keeping his memory alive by constantly consuming the music he wrote, recorded, and released during his lifetime. One of the singer-songwriter’s biggest hits is back on one ranking this frame, and as it returns, the tune reaches a…

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Photo: Jim Allen – FreightWaves Chart of the Week: Outbound Tender Lead Time – USA SONAR: OTLT.USA Tender lead times last week hit their highest value since SONAR released tender data in 2018, averaging 3.76 days between tender and requested pickup. The previous high of 3.68 was set last year at the same time. Is this a longer-running trend or just a seasonal glitch? Christmas is typically the seasonal peak of the Outbound Tender Lead Time (OTLT) index. Lead times increase leading into major national holidays as transportation managers tender loads for pickup for the period of time beyond the holiday. Staffing is…

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A whale who received 200,000 ETH during Ethereum’s 2015 genesis block has moved closer to completing their market exit, transferring 3,370 ETH (valued at $11.37 million) to Kraken.  According to data shared by crypto analyst EmberCN, the whale transferred 48,687 Ethereum (ETH) to Kraken throughout 2024. The movement was worth approximately $171.78 million at an average transfer price of $3,528. 一个在 2015 年从以太坊创世区块获得 20 万枚 ETH 的鲸鱼,9 小时前向 Kraken 转移了 3,370 ETH ($11.37M)。他在今年转进 Kraken 的 ETH 高达 48,687 枚 ($171.78M),转出均价 $3,528。不过他的 ETH 经过 8 年时间的陆续出售,现在已经卖的差不多了。目前就还剩 7,594 ETH ($25.72M),再有个 1-2… pic.twitter.com/pllSk9zHCG— 余烬 (@EmberCN) December 29, 2024 With only 7,594 ETH ($25.72…

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Confused middle aged 60s woman in glassesgetty The other day, we broke down how return of capital (ROC) can be both good and bad for investors in 8%+ yielding closed-end funds (CEFs). But in the case of high-quality CEFs, ROC is, contrary to what most people think, a good thing. Today we’re going to look at some real-world examples to explain how, in fact, return of capital can make up a large share of a fund’s returns. To do so, we’re going to go into five Nuveen funds, the Nuveen S&P 500 Buy-Write Income Fund (BXMX), Nuveen Dow 30 Dynamic…

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SOUTH CHINA SEA – MARCH 05: Philippine Coast Guard personnel ride a rubber boat past a Chinese Coast … [+] Guard vessel during a resupply mission to troops stationed at Second Thomas Shoal, on March 05, 2024 in the South China Sea. Philippine and Chinese vessels collided in the high seas, leaving four Filipinos with minor injuries after a supply vessel’s windshield was shattered by water cannons, the Philippines said. The incidents happened as the Philippines was conducting a routine resupply mission to troops stationed aboard BRP Sierra Madre, a grounded Navy ship that serves as the country’s outpost in…

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Charles F. Dolan, who founded some of the most prominent U.S. media companies including Home Box Office Inc. and Cablevision Systems Corp., has died at age 98, according to a news report.A statement issued Saturday by his family said Dolan died of natural causes, Newsday reported late Saturday.“It is with deep sorrow that we announce the passing of our beloved father and patriarch, Charles Dolan, the visionary founder of HBO and Cablevision,” the statement said.Dolan’s legacy in cable broadcasting includes the 1972 launch of Home Box Office, later known as HBO, and founding Cablevision in 1973 and the American Movie…

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Neur.sh and Would rally as the overall crypto market struggles to stay bullish in the final days of 2024. According to CoinMarketCap data, the global crypto market cap stands at $3.33 trillion, with a 1.1% surge in the last 24 hours. While Bitcoin (BTC) and Ethereum (ETH) haven’t shown any major movements in the last 24 hours, the price of a few lesser-known coins has pumped as per CoinGecko data. During this period, the price of Neur.sh (NEUR) spiked 150%. In the last 24 hours, the price has surged from $0.01544 to as high as $0.04301, hitting a new all-time…

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Retail stocksgetty The exchange traded fund that reflects the price movements of a host of retail stocks hit a new high in November but failed to make it quite that high in December. Certain individual retail equities, on the other hand, found a way to keep going and then established the higher highs. No one disputes the value of diversity when it comes to buying stocks but the investor who can discern which might be better than others could come out ahead. With that in mind, here is the retail ETF chart — and the charts of four individual names…

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“Now or Never” brings both Bon Jovi and Pitbull back to Billboard’s Adult Pop Airplay chart as it … [+] debuts, earning the rockers their third hit of 2024. Bon Jovi in Concert at Madison Square Garden in New York City – August 1, 1987Ron Galella Collection via Getty Images Several weeks ago, Bon Jovi dropped a new single alongside a musician that few fans of either act could have predicted would ever be associated with the New Jersey rockers. The band teamed up with rapper Pitbull for the tune “Now or Never,” which is credited to both stars. The…

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