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Despite the anticipation for the company’s most recent Q3 earnings, Meta (META) has fallen nearly 5% Thursday as investors have expressed concern about the stock in 2025. Indeed, the stock price drop is likely connected to increased AI spending that has driven some concern on Wall Street. The earnings report had come in weaker than many experts had projected. Specifically, declining user numbers forr the Wednesday report had caught the eye of many. That figure, and questions regarding its trajectory have created the perfect storm that knocked the stock back significantly as the week nears its close. Source: CNBC Also Read: Meta (META) Q3 Earnings: Record Highs & Heavy Spending – What’s Next? Meta Q3 Earnings Cause Concern as 2025 Spending Looks to Grow Entering earning season, Meta looked to be in a positive place. The company had announced its Orion augmented reality glasses, looking to get a jump on the emerging market. Moreover, it has continued to integrate AI into its plethor...

BlackRock’s iShares Bitcoin Trust (IBIT) saw a record $872 million in net inflows on Oct. 30 as cumulative BTC held by US Bitcoin ETF (exchange-traded fund) products closed on the 1.1 million held by Bitcoin creator Satoshi Nakamoto. Overall, U.S. Bitcoin ETFs registered nearly $900 million in inflows on Wednesday alone, as Bloomberg ETF analyst Eric Balchunas said they are gobbling up BTC ‘’like Pac-Man on a bender.’’ Ok we gonna need to move up our predictions as yest alone the btc ETFs gobbled up over 12k coins like Pac-Man on a bender, now hold 996k btc- good chance to pass 1 million today (as the ridic volume yest likely to translate to big flows tonight). Legit shot to get to Satoshi by… https://t.co/Ua9GzhsBwE pic.twitter.com/84bBprhi6I — Eric Balchunas (@EricBalchunas) October 30, 2024 Bitcoin ETF Inflows Fueled By Factors Including Possible Donald Trump Election Win The surge in inflows marks the largest single-day inflow for B...

A UK teenager has been charged with terror offenses and banned from PlayStation online after allegedly offering to help Al Qaeda and other terrorist groups with crypto fundraising. According to the London Evening Standard, the 16-year-old boy from London is accused of offering his services to Al Qaeda and the Pakistani Taliban as an expert in crypto and cybersecurity.  A sum of $1,300 in cryptocurrency was allegedly raised by the boy for the terror groups. At Westminster Magistrates Court today the boy pleaded not guilty to five charges , including possessing documents that can be used to prepare acts of terrorism, terrorist training, and terrorist fundraising. Binance says it’s tough to catch terrorists because they use fake names Read more: British man says Welsh city could ‘look like Vegas’ if it dug up lost bitcoin Prosecutors say the boy is accused of being “ideologically supportive of Islamic terrorist groups,” and presenting himself as a crypto/cy...

The US economy is up for massive upheaval after the US elections. The two potential candidates, Kamala Harris and Donald Trump have channeled all their strength into wooing American citizens, with the final election countdown inching closer than ever. Both candidates have clarified their intentions about the US economy; however, the Trump-Musk duo has taken a rather aggressive stance regarding reviving the United States lost glory. Musk outlined in detail how the US economy may undergo a temporary collapse to become better and stronger than ever. Also Read: Russia Officially Launches the Roadmap For De-Dollarization Elon Musk Warns Of A Temporary Economic Meltdown Source – Fox Business Elon Musk, the Tesla chief and quite a blazing figure in the current US political domain has spoken in detail about an impending US economic fix-up if Trump is elected president again. Musk shared that if he becomes a key cabinet figure post-election, he will resume cost-cutting duties, starting wit...

A DWF Labs partner has been accused of drugging a job applicant and attempting to coerce her into his hotel suite after promising her a role in a crypto project. The alleged incident took place on October 24 at a bar in Hong Kong when alleged victim ‘Hana’ met one of the Singapore-based Web3 investor’s partners for a job-related meeting. While Hana was in the bar’s bathroom, the partner — alleged by X (formerly Twitter) user AB Kuai Dong to be Euguen Ng, one of DWF Labs’ founders — was reportedly spotted by staff putting something into her drink. She subsequently tried to swap her drink but claimed he prevented her from doing so. She then reported leaving the bar and starting to feel dizzy.  At this point, the partner allegedly tried to coerce Hana into his accommodation , telling her, “I’ll take you to get a taxi. I have a suite in Murrary. If you treat me well, I can give you more inside information.” A screenshot of Hana’s p...

Central bank digital currencies will change how money works worldwide. A new Juniper Research study shows their use will grow by 2,430% in seven years. Their report says CBDC payments will rise from 307.1 million in 2024 to 7.8 billion by 2031. Source: Global CBDCs & Stablecoins Market: 2024-2031 Study Banks want this growth to protect their control over money from card companies and stablecoins. This growth in digital currency significantly changes how we handle payments. Also Read: Dogecoin (DOGE) To Peak And Target $0.175, Expert Shares Exploring the Future: CBDC Surge, Market Impact, and Financial Revolution Record-Breaking Global Adoption Source: AtlanticCouncil CBDC Tracker More countries now use central bank digital currencies than ever before. The number jumped from 35 in May 2020 to 134 countries today. These nations make up 98% of the world’s money. The study shows that 66 countries are in the late stages of CBDC development. All G20 nations have joined in. Right now, 44...

Though momentum has been somewhat choppy in the most recent trading, the prevailing sentiment in the cryptocurrency market this ‘Uptober’ – a popular nickname for October – is optimism. After months of slightly downward trading, Bitcoin (BTC) broke with the trend and began its surge, finding a new footing near $68,000. This led many traders, experts, and observers to speculate how high BTC could go during the rally, with some speculating a rise to $86,000 by Halloween and $100,000 soon after. Amidst the optimism, popular cryptocurrency analyst Duo Nine warned on X that ‘Bitcoin is in danger,’ with some of the long-term risks being the same as the current, short-term benefits. Picks for you Robinhood enters election trading, launches $1 payout contracts 15 mins ago ...

The Solana price has pumped 10% in the past month and 1.3% in the last 24 hours to trade at $174 as of 12:20 a.m. EST on a 10% surge in trading volume to $3.2 billion. Solana Price Might Fall The SOL/USDT 1-hour chart displays a series of technical patterns and signals suggesting potential price movements. Initially, an ascending triangle formed between October 20th and October 24th, a bullish continuation pattern where the price gradually rose while encountering resistance. This pattern typically signals buyer strength, and true to form, SOL/USDT broke above the triangle’s resistance around October 24th, sparking a rally to a new resistance level of around $179. After the breakout, SOL/USDT faced significant resistance at the $178 – $179 level, repeatedly failing to close above it. This area became a strong selling zone, and between October 24th and October 27th, the price formed a double top pattern at this resistance level. This indicates that sellers are pushing bac...

As the crypto winter grips the market, with the global cryptocurrency cap slipping to $2.38 trillion and a 2.55% drop in the last 24 hours, there’s still a glimmer of hope. Surprisingly, 13% of cryptocurrencies are defying the odds, sparking movement even amid the chill.  In this article, we spotlight today’s top crypto gainers —Virtual Protocol, Reef, Mask Network, and MANTRA DAO. These resilient projects are not just surviving; they’re thriving! Read on to uncover the bright spots shining in the market, proving that opportunity often emerges from the toughest challenges.   Biggest Crypto Gainers Today – Top List In evaluating today’s top gainers, we focused on several key metrics to gauge their performance and potential. We analyzed percentage gains over the last 24 hours, trading volume, market cap, and liquidity ratios, providing a comprehensive view of each token’s market strength. We also looked at recent developments and mark...

The Wuffi price has soared 76% in the last 24 hours to trade at $0.0000007352 as of 7:20 a.m. EST as trading volume skyrocketed 829% to $1.5 billion. Wuffi Price Signals A potential Uptrend Ahead The WUF/USD trading pair in the 30-minute timeframe shows strong bullish momentum as the current price stands at $0.00007327, reflecting a slight gain of 2.78%. The chart highlights a sharp upward movement followed by a consolidation phase, with the price stabilizing between $0.00007200 and $0.00007327. This consolidation zone could be crucial, as it may signal either a continuation of the uptrend or a potential pullback, depending on whether the price breaks out or retraces. The 50-period moving average (SMA) is at $0.0000069, and the 200-period moving average (SMA) is at $0.0000048, both of which are significantly below the current price. This indicates strong bullish momentum, further supported by the recent moving average crossover, where the 50-period SMA crossed above the 200-period...