Bitcoin’s price surged to a new high of over $94,000 after the launch of options contracts on BlackRock’s spot Bitcoin exchange-traded fund (ETF) and the iShares Bitcoin Trust ETF (IBIT). The iBIT saw almost $2 billion in total exposure traded via 354,000 contracts, according to Bloomberg ETF analyst James Seyffart. This marked a significant increase … Read more
Tesla has launched a new home charging promotion in Texas, offering a year of low rates to customers who purchase a new vehicle and sign up for the company’s electric plan. Buyers who take delivery of a Tesla by December 31 can receive one year of unlimited home charging for $5 per month. The offer … Read more
The city has taken a major step forward with its plan to close Rikers Island by tapping construction firms Tutor Perini and O & G Industries to build the final lockup in lower Manhattan. The new 1,040-bed jail will be constructed on White Street in Chinatown and is one of the last pieces of the … Read more
Bitcoin’s price has been steadily rising since Donald Trump’s election, with its latest peak on Nov. 19 hitting over $94,200. CryptoQuant, an onchain data service, has identified five key warning signs that indicate whether or not the cryptocurrency is nearing an unsustainable level. One of these indicators is already flashing red: the Coin Days Destroyed … Read more
Retired hedge funder Bruce Kovner has sold the second piece of his California blufftop compound, “The Sanctuary of Loon Point,” for $65 million. The 22-acre estate, which boasts ocean views and a private gated community, was initially listed for $160 million in 2021. The sale comes after comedian Ellen DeGeneres purchased two adjacent parcels for … Read more
The Trade Desk has finally confirmed its plan to develop a smart TV operating system, dubbed Ventura. This move will grant the company direct control over the streaming TV experience and further solidify its dominance in the CTV ad market. With its new OS, The Trade Desk can collect more data on viewer behavior and … Read more
Astronomers have conducted a massive study mapping nearly 6 million galaxies across 11 billion years of the Universe’s history, providing strong evidence for Albert Einstein’s general relativity theory. The research, led by the Lawrence Berkeley National Laboratory-led Dark Energy Spectroscopic Instrument (DESI), reveals that gravity clumps galaxies together in accordance with predictions made by general … Read more
Super Micro Computer, Inc., a high-performance server and storage solutions manufacturer headquartered in California, has surprised investors by appointing BDO USA as its new auditor. The company’s stock price surged over 30% higher following the announcement. As Super Micro tries to meet compliance requirements to stay listed on the Nasdaq, investors are taking notice of … Read more
The rise of AI-driven solutions has brought about numerous benefits, but managing multiple AI agents and ensuring coherent interactions between them remains a significant challenge. The latest development from AWS aims to address this issue with the introduction of its “Multi-Agent Orchestrator.” This framework is designed to simplify the management of complex conversational AI systems … Read more
Two devastating hurricanes have left their mark on Florida’s housing market, with home sales plummeting dramatically. According to Redfin, the five US metropolitan areas where pending sales declined the fastest were in Florida, with Fort Lauderdale taking the biggest hit at 15.2% year-over-year decline. Miami followed with a 14% drop, and West Palm Beach was … Read more