Author: MNK News

Bonk has retaken its position as Solana’s leading meme coin, reaching a market capitalization of $2.5 billion. The recent surge was after a community-driven token burn and price increase. Bonk’s (BONK) price of $0.00000328 marks a 3.9% rise over the past 24 hours and a 4.9% increase over the week. 24H BONK price chart Meanwhile, PENGU trades at $0.03568 with a market cap of $2.27 billion, moving to second place among Solana meme coins. The “Burnmas” initiative has helped drive BONK’s price movement upward. Through this effort, the BONK DAO burned 1.69 trillion BONK tokens from its multisig wallet. This…

Elon Musk wrote a message on Friday to those who want to end the H1-B visa program: “F**k yourself in the face,” which is a line from the 2008 comedy film Tropic Thunder. Siriam Krishnan’s appointment as a senior policy adviser for artificial intelligence in the White House Office of Science and Technology Policy sparked a widespread debate over the H1-B visa program. Conservatives have slammed the program as “abusive” and said it is designed to undercut wages of white-collar Americans. Vivek Ramaswamy supercharged the debate when he claimed that America “has venerated mediocrity over excellence.” Musk is a vehement supporter of the…

FC Barcelona President Joan Laporta has managed to secure a $104 million (€100 million) cash … [+] injection that will allow the club to register Dani Olmo and Pau Victor according to MARCA, which cited anonymous sources.UEFA via Getty Images FC Barcelona President Joan Laporta has managed to secure a $104 million (€100 million) cash injection that will allow the club to register Dani Olmo and Pau Victor according to MARCA, which cited anonymous sources. The Spanish forwards were the only two first team signings made for Hansi Flick’s squad ahead of the 2024/2025 season. While Pau Victor was picked…

There are a few more days to go in 2024, but unless something disastrous happens, the stock market will deliver a second consecutive year of impressive gains. As of the 12/27 close, the S&P 500 is up 25%. The tech-heavy Nasdaq 100 is up about 27%. Hard to be mad about those returns, especially given those indexes returned 24% and 55% in 2023. Consider this point: $10,000 plopped into the Nasdaq 100 at the end of 2022 would be worth over $20,000 now, using a set-it, forget-it approach. 🎁Buy 1 Year and Get 1 Year FREE on TheStreet Pro. Act…

In the final week of December 2024, Beam raised $72 million through a public sale. Crypto Fundraising data highlighted gaming and infrastructure as key focus areas. Weekly investments totaled nearly $120 million, down from $400 million the previous week. Avalanche Labs led last week with a $250 million raise. Here’s a look at the other notable investments closing out 2024. Beam, $72 million Raised $72 million through public sale The project focuses on Avalanche ecosystem development Over 27,000 node tokens mintedWith @BuildOnBeam successfully becoming the first permissionless Avalanche L1, utilizing node sales, have they shown web3 the blueprint to L1…

As Google’s Waymo scales up its self-driving car service in San Francisco, some passengers have reported incidents of harassment and safety concerns while riding in the company’s driverless vehicles. The Washington Post reports that San Francisco has become a testing ground for Waymo’s robotaxi service, with the company’s sensor-equipped vehicles becoming an increasingly common sight on the city’s streets. While many riders have embraced the convenience and novelty of driverless transportation, some have encountered a new form of public harassment that highlights the challenges of relying on autonomous technology in complex urban environments. In recent months, several Waymo passengers, mostly women,…

Conoco Philips, XeroxGetty Although the major indexes have held up well late in the year, it’s possible to identify weak spots in the mix. The five stocks mentioned below (with price charts) have all recently shown weakness by dropping to below former price support levels — those spots where buyers had previously overcome sellers. 5 Stocks With Drops Below Former Price Support Resmed (NYSE: RMD) Resmed daily price chart, 12 28 24.stockcharts.com The stock chart seems to have developed a head-and-shoulders pattern, said by some analysts to signal lower prices. This seems to have developed as the price in December…

HERCULES, CALIFORNIA – JUNE 07: A sign is posted in front of a Big Lots store on June 07, 2024 in … [+] Hercules, California. Discount retailer reported first quarter earnings that fell short of analyst expectations with net sales of $1.009 billion compared to $1.124 billion one year ago. (Photo by Justin Sullivan/Getty Images)Getty Images Gordon Brothers Retail Partners has just thrown a lifeline to closeout retailer Big Lots after a previous deal with Nexus Capital Management to acquire the company fell through. Before Gordon Brothers stepped in, Big Lots announced it was forced to close all 900 stores.…

Inflation has been one of the top concerns for the US economy in 2024. And it looks like fears over sticky prices will continue in 2025. “We expect a gradual deceleration from where we are, but to levels that are still uncomfortably high for the Fed,” Deutsche Bank chief economist Matthew Luzzetti told Yahoo Finance in an interview. So far this year, inflation has moderated but remains stubbornly above the Federal Reserve’s 2% target on an annual basis, pressured by hotter-than-expected readings on monthly “core” price increases, which strip out volatile food and energy costs. In November, the core Personal…

A recent survey conducted by the Pew Research Center has shed light on the shifting social media landscape among teenagers, with nearly half of them reporting being online almost constantly. Teens are moving away from X/Twitter and Facebook as they continue to embrace China’s TikTok as their platform of choice. The Pew Research Center’s latest survey, which involved nearly 1,400 teens aged 13 to 17, has revealed some interesting trends in social media usage among the younger generation. The most striking finding is that almost half of the participants reported being online almost constantly, a significant increase from just a…