Shares of Baidu, Inc. (BIDU) are rising more than 6% Tuesday morning at $100.47. The company today announced its plans to to build the world’s largest fully-driverless ride-hailing service area in 2023. The company said its orders reached 1.4 million by third quarter of 2022. BIDU has traded in the range of $73.58-$171.87 in the last 1 year. Source: Read […]

Shares of Kintara Therapeutics, Inc. (KTRA) are rallying more than 22% after the company received Fast Track Designation from the FDA for REM-001 for the treatment of patients with cutaneous metastatic breast cancer (CMBC). REM-001 was studied in four Phase 2/3 trials in patients with CMBC who had previously received chemotherapy and/or failed radiation therapy. “We believe this designation is […]

Davinci Jeremie, an early crypto adopter and host of the davincij15 YouTube channel, predicts that Bitcoin’s price will grow by ten times in the next bull run but warns it could plunge further before then. “I think we will finally see $100,000…I think we’ll do at least 10x from the bottom,” said Davinci at a November 25 interview with Kitco […]

In a recent interview, Catherine Wood, Founder, CIO, and CEO at ARK Investment Management, LLC (aka “ARK” or “ARK Invest”), recently shared her thoughts on Bitcoin and Ethereum. Wood’s comments were made on Wednesday (23 November 2022) during an interview with Carol Massar and Tim Stenovec on Bloomberg Businessweek Radio. One of the first questions for Wood was why she still trusts […]

Strong indications of a likely slowing down in the pace of interest rate hikes, contained in the recently released Fed Minutes helped cryptocurrencies attempt a modest rebound in the past 24 hours. Overall crypto market capitalization surged more than 1 percent overnight as hopes of a sooner-than-expected Fed pivot strengthened. The minutes of the Federal Open Market Committee meeting held […]

New York Governor Kathy Hochul has signed into law a bill clamping down on bitcoin mining within the state. The legislation places a two-year ban on new permits being issued or existing permits being renewed to conduct fossil fuel-powered proof-of-work (PoW) crypto mining operations. PoW is a particularly energy-hungry method for verifying transactions on the blockchain used by popular cryptocurrencies, […]

On Tuesday (22 November 2022), Michael Saylor, Co-Founder and Executive Chairman at business intelligence software company MicroStrategy Inc. (Nasdaq: MSTR), made comments that suggested he believes Bitcoin should be judged on its own and not considered as a synonym for crypto. It is worth remembering that on 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at […]

On Tuesday (22 November 2022), Charles Edwards, Co-Founder of digital asset management firm Capriole Investments, thinks this might be a great time to buy Bitcoin ($BTC). Edwards told his over 85K Twitter followers earlier today: Today, Edwards also reacted to a report by Cointelegraph about Iris Energy becoming the latest Bitcoin mining firm to “suffer from the squeeze of the crypto […]

Crypto market capitalization dropped more than a percent in the past 24 hours amidst market sentiment largely dictated by the cascading effects of the FTX bankruptcy. Markets continued to watch for news from troubled crypto brokerage Genesis Trading and for hints from crypto exchange Gemini which was struggling to process redemptions from Genesis Trading’s Earn product. The FOMC minutes due […]