Michael Jordan of the Chicago Bulls (L) eyes the basket as he is guarded by Kobe Bryant of the Los Angeles Lakers. Vince Bucci | AFP | Getty Images Rare pieces of memorabilia from two of the National Basketball Association’s biggest icons are hitting the auction block and are expected to sell for a combined … Read more
A pair of posts by President Donald Trump about his plans for a US crypto reserve “triggered a marketwide rebound” in cryptocurrencies on March 2, with global market capitalization increasing nearly 7% to $3.04 trillion, Cointelegraph reported. Still, on closer examination, a crypto strategic reserve — presumably along the lines of the US Strategic Petroleum … Read more
Ethereum’s MVRV Z-Score, a key metric for assessing whether its native token, Ether (ETH), is overvalued or undervalued, has dropped to its lowest level in 17 months, signaling that the second-largest cryptocurrency may be bottoming. Ethereum’s MVRV Z-Score nears accumulation zone The MVRV Z-Score, which compares Ethereum’s market value to its realized value, is now … Read more
Solana co-founder and CEO Anatoly Yakovenko said he would prefer no US crypto reserve, citing the risks to decentralization if a government was in charge. On March 6, Yakovenko posted on X, sharing the order of his preferences regarding a US reserve of cryptocurrencies. The Solana co-founder said his No. 1 preference would be having … Read more
The decentralized finance (DeFi) platform linked to US President Donald Trump significantly increased its Ether holdings over the past week as the cryptocurrency’s price briefly dipped below $2,000. Trump’s World Liberty Financial (WLFI) DeFi platform has tripled its Ether (ETH) holdings over the past seven days as ETH fell below the $2,000 psychological mark, reversing … Read more
China’s Minister of Finance Lan Fo’an speaks during a press conference in Beijing on Nov. 8, 2024. Adek Berry | Afp | Getty Images BEIJING — China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo’an told reporters on Thursday. He was responding to a question during … Read more
Pectra upgrade, explained Ethereum’s Pectra upgrade combines two separate upgrades: the Prague upgrade and the Electra upgrade. The Prague upgrade is focused on changes to the network’s execution layer, with the Electra upgrade impacting the consensus layer. These upgrades, when combined, are collectively referred to as the “Pectra” upgrade. The Pectra upgrade will follow “Dencun,” … Read more
A security guard watches during the opening session of the National People’s Congress (NPC) in the Great Hall of the People in Beijing on March 5, 2025. Wang Zhao | Afp | Getty Images BEIJING — The undercurrent of China’s annual parliamentary meetings this week is U.S. trade tensions — and how Chinese technology is … Read more
Check out the companies making headlines in after-hours trading: Marvell Technology — Shares of the semiconductor solutions provider plunged about 13%. In the fiscal fourth quarter, Marvell reported adjusted earnings of 60 cents per share on revenue of $1.82 billion, while analysts polled by LSEG forecast earnings of 59 cents per share on revenue of … Read more
Check out the companies making headlines in midday trading: Box — Shares declined more than 3% after the cloud storage company’s top-line guidance fell short of estimates. Box sees first-quarter revenue coming in between $274 million and $275 million, while analysts polled by LSEG expected $279.5 million. Box’s fourth-quarter revenue of $280 million exceeded Wall … Read more