Author: MNK News
Most meme coin prices rebounded on Saturday, Dec. 21, after falling for most of the week, with their combined market cap rising by 4.7% to $109 billion. Shiba Inu (SHIB) price rose by 12.6% to an intraday high of $0.00002397. Bonk (BONK), the biggest meme coin in the Solana ecosystem, rose by 20% to $0.000032. Pepe (PEPE) and other popular meme coins like Dogwifhat and Pudgy Penguins rose by over 15%. This rebound happened after a Bitcoin (BTC) plunge from $108,200 to $97,000 triggered a big crash in most altcoins. The total market cap of all cryptocurrencies dropped from over…
Secrecy has shrouded Phoenix Ghost drones since the U.S. first rushed them to Ukraine. Now their little-known maker, Aevex, is stepping into the light with plans to become a major supplier of aerial weapons. By Jeremy Bogaisky, Forbes Staff The factory in Tampa, Florida, where Aevex Aerospace produces its Phoenix Ghost drones for Ukraine is as mysterious as the kamikaze aircraft themselves. A squat, nondescript building set amid fields of scrubby trees and warehouses, the plant, which opened this spring, has no branding or signage. Aevex has been warned that Russia is working to locate suppliers of weapons to Ukraine…
Bloomberg / Contributor / Getty Images Nvidia CEO Jensen Huang at the Nvidia AI Summit Japan in Tokyo, Japan, on Nov. 13, 2024 It’s been a record-breaking year for artificial intelligence darling Nvidia’s stock, as demand for its AI chips pushed sales to fresh highs. Most analysts expect more gains ahead, with demand for Nvidia’s latest chips continuing to outpace supply. Citi analysts suggested the stock’s next big boost could come next month, with CEO Jensen Huang set to deliver a keynote address at the Consumer Electronics Show in January. It’s been a record-breaking year for artificial intelligence (AI) darling…
GraniteShares, a fast-growing asset manager with over $10 billion, has filed for new crypto-linked exchange-traded funds. On Friday, Dec. 20, the New York-based firm filed for new leveraged ETFs to track companies like Riot Platforms, Marathon Digital, MicroStrategy and Robinhood. GraniteShares files for new crypto-related ETFs Marathon Digital and Riot Platforms are the two biggest Bitcoin (BTC) mining companies. They are also the third and second-biggest Bitcoin holders, with 44,394 and 17,429 coins in their balance sheet. MicroStrategy holds the most coins at 439,000, while Robinhood serves as a major platform for crypto and stock investments. These funds will be…
(Bloomberg) — Millions of Americans may see their Social Security benefits increase under a bill headed to President Joe Biden’s desk — though critics warn that the measure comes at the cost of pushing the fund further toward insolvency. Most Read from Bloomberg If signed by the president before the new Congress convenes on Jan. 3, the law would boost Social Security payments to more than 2 million beneficiaries, according to the Congressional Research Service. The increases — as much as $550 a month for some retirees — would be retroactive to December 2023. Those beneficiaries are mostly those who…
In December 2024, YouTube TV again hiked its rates, this time to $83 a month, an increase of around $50 since the service’s debut in 2017. It’s just the latest live TV streaming service to raise prices — Hulu+ Live TV jumped to $82 in August of 2024 and FuboTV’s cheapest tier climbed to $80 back in January. Even in the $80-range, these are still cheaper than cable in many markets, but the gap is steadily narrowing — and at least you don’t need a contract or any special equipment like you do with cable.Other distinctions that once separated broadcast,…
Microsoft shareholders nixed a Bitcoin treasury idea, but other big-name companies disagree with this strategy. Here’s why. Bitcoin (BTC) is often likened to “digital gold,” with its fixed supply of 21 million coins making it a potential hedge against currency devaluation and inflation. And nowadays, Bitcoin’s unique characteristics make it an attractive addition to corporate treasuries. It can balance exposure to traditional assets like cash, stocks, and bonds. Bitcoin is also one of the most liquid assets globally, and its historical performance has shown significant long-term value appreciation — it reached an all-time high of over $108,000 on Dec. 17.…
Tyson Fury insisted Oleksandr Usyk got an early Christmas gift from the judges after the Ukrainian won their heavyweight championship rematch overnight on Saturday. The “Gypsy King”, who was non-committal about his future, insisted he had won the fight that was scored 116-112 by all three officials in a unanimous decision. The 36-year-old Fury, unbeaten until he first met Usyk in their four-belt unification fight in May, departs Riyadh’s Kingdom Arena with two defeats on his record. “Listen, it is what it is. I’m not going to cry over spilt milk, it’s happened now,” said Fury. “I know boxing, I’ve…
Atlético Madrid have won their last 11 games in a row.Getty Images The top two in La Liga will come head to head at the Estadi Olímpic Lluís Companys on Saturday night at 9pm local time (3pm ET) as FC Barcelona welcome an in-form Atlético Madrid side. The Colchoneros have won their last 11 games in a row in all competitions, a run which has allowed them to move level with FC Barcelona on 38 points in La Liga, one ahead of Real Madrid. Atlético, however, has the benefit of only having played 17 games, one less than Barcelona. In…
After 25 years of Christmas decorating, Logan Moore has learned a thing or two. He programmed his first Christmas light show in the early 2000s, syncing color-changing lights on his childhood home to a playlist of songs, a novel approach back then. The display made headlines in his hometown and sent so many cars down his street that the police had to step in to provide traffic control. Now, his acre of property in Southside, Ala., is home to Moore Family Lights, a 10-to-12-song-long light show that evolves every year. Visitors can tune their car radios to his playlist, which…