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Bitbot in focus as Bernstein reiterated bullish view on Bitcoin
Stock Market

Bitbot in focus as Bernstein reiterated bullish view on Bitcoin

Bitcoin rally has taken bit of a pause in recent weeks but Bernstein remains super bullish on the world’s largest cryptocurrency. Bitcoin seen hitting $150,000 in 2025 Analysts at the investment firm told clients in their research note today that the ongoing weakness in BTC will be temporary and the crypto leader will likely resume […]

  • April 29, 2024 06:45 AM PDT
  • Invezz
HSBC share price sits an all-time high: is it a buy after earnings?
Market Analysis

HSBC share price sits an all-time high: is it a buy after earnings?

HSBC (LON: HSBA) share price price continued its strong comeback as investors focused on the company’s financial results. It jumped to a record high of 668p on Monday, meaning that it has soared by over 185% from its lowest point in 2020. HSBC earnings ahead British banks have been in an upbeat mood in the […]

  • April 29, 2024 06:37 AM PDT
  • Invezz
Investors eye Hershey and Mondelez strategies amid cocoa and sugar price surges
Latest

Investors eye Hershey and Mondelez strategies amid cocoa and sugar price surges

Investors are closely watching how major chocolate manufacturers Hershey and Mondelez International will address the recent sharp increases in cocoa and sugar prices as they release their first-quarter results this week. Both companies have faced elevated costs over the past several quarters, partly mitigating these through consumer price hikes. Challenges posed by cocoa price surge […]

  • April 29, 2024 06:29 AM PDT
  • Invezz
Jellyverse joins Sei Network as official Balancer fork, enhancing DeFi 3.0 ecosystem
Latest

Jellyverse joins Sei Network as official Balancer fork, enhancing DeFi 3.0 ecosystem

Jellyverse, a platform known for its advanced decentralized financial services, announced today in Vaduz, Liechtenstein, that it will join the Sei Network as the official fork of Balancer. As Sei Network gears up for its mainnet launch, Jellyverse is set to be among the first decentralized exchanges (DEXes) in the Sei ecosystem, providing users with […]

  • April 29, 2024 06:25 AM PDT
  • Invezz
Crypto author on what XRP Ledger needs to attain mass adoption
Latest

Crypto author on what XRP Ledger needs to attain mass adoption

Renowned cryptocurrency author Panos Mekras attracted the attention of the Ripple community, highlighting in-build account abstraction as what XRP Ledger needs for mass adoption. Mekras emphasized that XRPL should integrate an in-build account abstraction feature. It will allow accounts to pay transaction charges and reserves for different accounts. Moreover, the new solution can lower or […]

  • April 29, 2024 05:59 AM PDT
  • Invezz
Tesla moves a step closer to launching full self-driving in China
Stock Market

Tesla moves a step closer to launching full self-driving in China

Tesla Inc (NASDAQ: TSLA) is up 10% this morning after hitting a significant milestone in making its full self-driving technology available to customers in China. Here’s what it means for Tesla stock The electric vehicles behemoth had local authorities of the world’s largest auto market remove restrictions after clearing its data security requirements on Monday.  […]

  • April 29, 2024 05:42 AM PDT
  • Invezz
OpenAI faces scrutiny in Austria over GDPR compliance and misinformation issues
Latest

OpenAI faces scrutiny in Austria over GDPR compliance and misinformation issues

Austrian privacy advocates have initiated a formal complaint against OpenAI, the U.S.-based developer of the widely-used chatbot ChatGPT, alleging violations of the European Union’s General Data Protection Regulation (GDPR). The complaint, filed today, 29 April, by the group NOYB (None of Your Business), centers on claims that OpenAI’s ChatGPT generates false information about individuals and […]

  • April 29, 2024 05:34 AM PDT
  • Invezz
German CPI: disinflation stalls at 2.2%, while talk of further inflation accelerates
Latest

German CPI: disinflation stalls at 2.2%, while talk of further inflation accelerates

Today, official German inflation statistics from site Destatis, which gave estimates for April 2024, were published. According to Destatis, the inflation rate (CPI) in Germany is expected to have been 2.2% in April. An unchanged inflation data set This means that inflation remains essentially unchanged from 2.2% a year earlier, and a marginal 0.5% higher […]

  • April 29, 2024 05:31 AM PDT
  • Invezz
North Korea hackers Lazarus Group poses as Fenbushi partner on LinkedIn
Latest

North Korea hackers Lazarus Group poses as Fenbushi partner on LinkedIn

Lazarus Group, a North Korea-backed hacker group, has targeted LinkedIn users via a new phishing scam attack. According to blockchain security firm SlowMist, the Lazarus Group created a fake LinkedIn profile, posing as “Nevil Bolson, Founding Partner at Fenbushi Capital. Fenbushi is a Chinese blockchain asset management and venture capital firm. New Lazarus Group phishing […]

  • April 29, 2024 05:10 AM PDT
  • Invezz