Bitcoin falls below $60,000 because crypto whales are dumping it
Additionally, another 30,000 Bitcoin tokens, worth $1.88 billion at current rates, were moved from a cold wallet to the Binance crypto exchange on Tuesday, as reported by Whale Alert.
This week’s most fabulous real estate listings
Built in 1933, this Sunset Strip estate evokes the magic of Old Hollywood, with luxurious features including a pool, a library, butlerâs pantries, a formal dining room and housekeeperâs quarters.
Canada wants to slap massive tariffs on Chinese EVs as BYD looks to enter the market
Canadaâs action comes after BYD disclosed it had hired lobbyists to advise on entering the countryâs market and met with Canadian dealers about setting up local dealerships, according to Automotive News.
Southwest Airlines changes are too little too late, activist investor Elliott says
Last week, Southwest itself noted in a securities filing that it has also started funding digital ads to promote its defensive campaign, which enlisted an op-ed from former United Airlines CEO Oscar Munoz.
The second-largest diamond ever was just uncovered in Botswana
Lucaraâs chief executive William Lamb said that the company invested in the technology after they began to uncover large quantities of smaller diamonds that appeared to resemble âchewed glass.â It became apparent that there were larger gemstones getting damaged during the retrieval process, the New York Times reported.
Walmart and Target are winning the inflation economy’s endgame
Micahel Zakkour, chief strategist at business consulting firm 5 New Digital, said consumers are currently âlooking for better experiences, small luxuries, deals on staples and a bit of travel over big ticket items and projects.â
Americans think they need $2.5 million to be wealthy
Younger Americans in particular are expecting the costliest retirement, with Gen Z and millennials projecting that theyâll need more than $1.6 million to live comfortably once theyâre in their sunset years.
Trump Media stock will ‘go to zero’ if Donald Trump loses the election, expert says
To be sure, Trump Media shares spiked following his debate performance against President Biden in June, and after last monthâs assassination attempt at a campaign rally in Pennsylvania.
Lucid has ‘without a doubt’ surpassed Tesla as the EV industry’s tech leader, CEO says
In an interview with The Verge at the Pebble Beach Concours dâElegance, Rawlinson said the first Gravity buyers should get their SUVs by the end of 2024, with full production at the companyâs factory in Arizona launching through the beginning of 2025.
Bitcoin miners are scooping up their rivals to survive the Bitcoin halving
In June 2024, Nvidia-backed cloud provider CoreWeave made an all-cash acquisition offer to buy Core Scientific, valuing the company at $1.02 billion, or $5.75 per share.
OCR says Michigan seeking to âshield itselfâ from scrutiny for Section 504 noncompliance
Board member Tom McMillin, a Republican, supported discussion for an audit, saying, "For some reason, our state refuses to look at compensatory education for special ed students, and how that was swept under the rug during COVID and post-COVID, and many of these kids, unfortunately have aged out of the system.â
The stranded Boeing Starliner astronauts have another problem
An interesting dilemma has cropped up as NASA weighs its options on handling the problem-plagued Boeing Starliner currently docked to the International Space Station.