In recent times, the Bitcoin network has been experiencing a unique phenomenon – the awakening of ancient BTC whales. These whales, who have held their Bitcoin for over a decade without any movement, have suddenly started to resurface, leading to a noticeable increase in on-chain activity. This uptick in activity among long-dormant Bitcoin addresses indicates
Potential
The integration of artificial intelligence (AI) in various industries has increased the demand for power to support data centers and other technological infrastructure. This shift has led to a surge in the market for power management stocks, with companies like Eaton gaining attention from Wall Street analysts. The Rise of AI and Power Management As
Despite the current economic climate and inflation concerns, a recent poll conducted by Morgan Stanley and AlphaWise revealed that a significant number of Americans are gearing up for summer travel. The survey showed that 60% of consumers are planning a summer getaway, with an even larger percentage of those earning between $75,000 and $150,000 (75%)
In today’s rapidly evolving blockchain ecosystem, ensuring network security and decentralization are crucial components for the success of any project. The recent launch of Caldera’s Guardian Nodes offers a production-ready node system that enables network users to verify rollup blocks for rewards. This innovative approach has the potential to revolutionize the way EVM rollups operate
After the stock market hit record levels this week, it may be time for investors to consider trimming their positions in overbought names. The S & P 500, Dow Jones Industrial Average, and Nasdaq Composite all reached all-time highs. However, fresh economic data that dashed Federal Reserve rate cut hopes caused the major averages to
Over the last decade, there has been a significant shift in public support for the implementation of a per-mile user fee as a way to replace or supplement the declining gas tax. According to a recent survey conducted by the Mineta Transportation Institute, the backing for a flat-rate mileage fee has increased from 22% in
Embarking on the path to homeownership can be a daunting task, particularly when it comes to saving up for the down payment. However, recent surveys have shown that a significant number of future homebuyers are already making strides in the right direction. According to a study conducted by Clever.com, 77% of aspiring homeowners have begun
In early European trade, the U.S. dollar experienced a slight dip, although it was still set to record its biggest weekly increase in over a month. This rise was attributed to diminishing hopes of a prompt Federal Reserve rate cut. The Dollar Index, which monitors the dollar against a basket of other currencies, saw a
The municipal bond market experienced a significant sell-off, mirroring losses in U.S. Treasuries and equities. This correction comes as the summer reinvestment season approaches, with outflows from municipal bond mutual funds for the second consecutive week. Notably, high-yield bonds continued to perform well amidst the overall market decline. Analysts suggest that the primary reason behind
The sales of newly built homes in April saw a significant drop of 4.7% compared to March and a larger decrease of 7.7% from the prior year, according to the U.S. Census. This decline has been attributed to higher mortgage rates, which have been hindering potential buyers from entering the market. In March, the average