Author: News Room

With the official start of summer, analysts say Bitcoin, the world’s largest cryptocurrency, may experience a stagnant period in June. Bitcoin rose 13% in May, its eighth monthly gain in nine months and its best month since February, when it rose 44%, according to Coin Metrics. This increase can be attributed to last week’s ETH-led rally, which occurred before the SEC approved a rule change allowing Ethereum ETFs in the US. This led to a 20% increase in ETH in two days. Aspiring holders of ETH ETFs are now required to fill out S-1 registration forms for individual funds. With…

You cannot start getting ready for next season until you have picked up the pieces from the last one. Just ask Cleveland Browns defensive coordinator Jim Schwartz, who has spent much of his between seasons time trying to figure out what happened to his highly regarded defense that largely disappeared in Cleveland’s season-ending 45-14 Wild Card loss to Houston last year. That loss came just three games after the Browns rolled to a 36-22 victory over that same Houston team. Both games were played in Houston, so the venue should not have been a factor. “No excuse for it,” said…

It began with Timur Ivanov, Russia’s then-deputy defense minister, who was arrested after being accused of taking bribes “on a particularly large scale.”Then came Lt. Gen. Yuri Kuznetsov, head of the defense ministry’s personnel directorate. He was arrested after more than 100 million rubles (over $1 million), gold coins, and other valuables were seized from his residences.Andrey Kozyrev, who served as the foreign minister under President Boris Yeltsin in the 1990s, wrote on X: “The Kremlin spent the last 20 years trying to modernize its military. Much of that budget was stolen and spent on mega-yachts in Cyprus. But as…

Cracker Barrel CEO Julie Felss Masino recently gave a devastatingly frank assessment of the brand: “We’re just not as relevant as we once were.” Masino, who became CEO in July, laid out the diagnosis — and the remedies — in a May presentation to analysts. And it raises questions for those accustomed to the brand’s biscuits and gravy, wooden tables and chairs, brain puzzler games and front porch rocking chairs. “The way we communicate, the things on the menu, the way the stores look and feel … all of these things came up time and time again in our research…

The New York Stock Exchange (NYSE) is considering implementing cryptocurrency trading, although the current regulatory framework prevents moving forward. As the world’s largest exchange in volume, such development could positively impact the demand for cryptocurrencies—Bitcoin (BTC) included. Looking for insights on the possible effects of an NYSE Bitcoin listing, Finbold asked OpenAI‘s most advanced artificial intelligence (AI) model, ChatGPT-4o, what the BTC price could be following this approval. ChatGPT-4o Bitcoin price prediction in hypothetical NYSE listing Notably, ChatGPT-4o has provided three price predictions for the short, mid, and long terms after receiving the proper context. At first, the AI model…

Axelrod, Carville on Trump conviction impact It’s hard to predict how Trump’s conviction will affect the vote, says David Axelrod, but “The thing to watch is how the two candidates deal with it. Does Trump continued to fulminate in the kind of irrational way he did? He won’t be a very good candidate if that’s the case. And will President Biden seize it as an opportunity to strike a contrast between a guy who’s fighting for people and a guy who’s fighting for himself?”

Christian Bale’s Batman action figure is getting company with a Morgan Freeman figure from Christopher Nolan’s The Dark Knight. McFarlane Toys put an action figure of Freeman’s Lucius Fox up for pre-order Friday on its website. It marks the first time between McFarlane and previous Batman movie licensee Mattel that an action figure of Freeman’s venerable character has been produced. Getting Freeman’s 7-inch scale figure of Lucius comes with a catch, however. It’s a part of a set exclusive to McFarlane Toys that also includes Bruce Wayne/Batman’s Batmobile, aka Tumbler. Together, the Lucius Fox figure and Tumbler “Gold Label” DC…

The videos prompted Troufanov’s family to call on Israeli officials to do more to secure his release.PIJ, a militant group that operates in Gaza alongside Hamas, released the first video on Tuesday.In the short clip, Troufanov speaks calmly and in Hebrew.He said: “In the next few days, you will hear the truth of what happened to me, as well as the other prisoners in Gaza,” per a translation by The Jerusalem Post.”Wait patiently,” he said.The context in which he is speaking was not clear. Hostages are rarely able to speak freely in such videos.The Hostage and Missing Families Forum, an…

Japanese billionaire Yusaku Maezawa has canceled his star-studded trip to the moon aboard a rocket designed by Elon Musk’s company, SpaceX.The project’s official website, dearMoon, published a statement on Saturday. Maezawa, the founder of online retailer Zozotown, first announced the project in 2018 and described it as “the world’s first civilian circumlunar voyage aboard SpaceX’s space vehicle, Starship.”SpaceX and dearMoon made plans to take flight by the end of 2023. “Unfortunately, however, launch within 2023 became unfeasible, and without clear schedule certainty in the near-term, it is with a heavy heart that Maezawa made the unavoidable decision to cancel the…

WTI fell into the red for the week, etching in a second month of declines. US Crude Oil production remains a concern despite downturn in supplies. OPEC+ broadly expected to maintain voluntary production cuts. West Texas Intermediate (WTI) US Crude Oil backslid in fresh lows for the week, going into the red from Monday and testing below $77.00 per barrel. WTI is set to end a second straight down month as energy traders remain concerned that global demand will be unable to avoid getting swamped out by US Crude Oil production. According to the American Petroleum Institute (API) and the…