Author: News Room

Cryptocurrency traders constantly look for the next big project to yield significant profits. However, not all of their investments result in massive gains. A recent report by Lookonchain revealed that a trader lost more than $1 million within three days. When Buying High Doesn’t Result In Selling Higher According to the blockchain research platform Lookonchain, a crypto trader lost 6,039 SOL over the last three days after FOMO-buying a memecoin. Per the report, the trader bought Slerf (SLERF) for 4,958 SOL, worth around $1 million. The different transactions occurred when the price hovered between $0.8 and $1.4 on its launch…

A balloon recovered off the coast of Alaska had been in the ocean for “well over a year,” the Pentagon said Friday. The balloon was discovered floating in the ocean by commercial fisherman in late-February. The fishermen shared photos of the suspicious object with law enforcement, who were concerned it could be another Chinese spy balloon similar to the one that flew across the United States last year before it was shot down. The origin of the balloon found off Alaska remains unclear, and the fact it had been in the water so long means it could have floated for hundreds…

Topline The White House endorsed a $1.2 trillion spending deal introduced Thursday that includes a provision only allowing the American flag and other official flags to fly at U.S. embassies and other State Department facilities, reversing the State Department’s 2021 authorization allowing pride flags to be flown at the government buildings. Key Facts The Biden administration urged the swift passage of the bill, which will fund the remainder of the government, including the Department of Defense, through the end of the fiscal year. None of the funds made available by the bill can be spent to fly or display flags…

Childcare costs are skyrocketing, forcing families to move across the US. But there may be a light at the end of the tunnel. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in.

NASA awarded Blue Origin $172 million to develop a space station for both astronauts and tourists.The space station, called Orbital Reef, will need to be able to support human life. Recently, Blue Origin passed four milestones in helping prove Orbital Reef is well on its way. The International Space Station won’t be around forever, and NASA is pouring hundreds of millions of dollars into its potential replacements.One promising candidate is Orbital Reef — a joint venture between Jeff Bezos’s space company Blue Origin and Sierra Space.On Wednesday, NASA reported that Orbital Reef passed four key milestones for some of its most…

Investing.com —  After Federal Reserve chairman Jerome Powell’s dovish remarks this week gave the greenlight for bets on more rate cuts, the Fed’s chief fellow colleagues are set to hog the limelight and could likely strike a hawkish tone to send Treasury yields on the up and up. “[W]e believe that it is likely that Fed speakers over the coming weeks will lean more on the hawkish side, especially with regard to the long-term path for policy interest rates — the thing that could be material for the ,” Macquarie said in a recent note.  Following the Fed’s decision to keep…

Tenable Holdings, Inc. (NASDAQ:) Chief Financial Officer Stephen A. Vintz has recently engaged in significant trading activity, according to the latest filings with the Securities and Exchange Commission. On March 20 and 21, Vintz sold a total of 89,995 shares of Tenable Holdings common stock, netting more than $4.4 million. These sales were executed at prices ranging from $49.00 to $49.43 per share, with the weighted average prices for the transactions being $49.07 and $49.11, respectively. The transactions were conducted under a prearranged 10b5-1 trading plan, which allows company insiders to set up a predetermined plan for buying or selling…

Meme coins surged for impressive gains year-to-date, dominating most of the cryptocurrency market’s top performances in 2024. However, the results cooled down in the past week while cryptocurrencies faced a major correction, threatening further losses. Over $230 billion was wiped in a day from March 18 to March 19. The overall sentiment drastically changed from ultra-bullish to slightly bearish, which can put an end to the meme coin’s hype. In this context, Finbold selected two cryptocurrencies to avoid trading next week, among the previously most traded speculative tokens. Pepe (PEPE) Pepe (PEPE) has seen over 500% gains in the last…

House Republicans unveiled a plan this week that calls for raising the Social Security retirement age. Meanwhile, Democrats and advocates for the program are ramping up their calls to tax the rich to enhance benefits.”On the right, there is a line in the sand against tax increases,” said Emerson Sprick, associate director of economic policy at the Bipartisan Policy Center.”And on the left, there’s this idea that we’re going to address this problem and not touch benefits,” he said.Both Social Security and Medicare face looming insolvency dates, while the number of seniors who rely on those programs is projected to…

The US House Office of Diversity and Inclusion will be dissolved as part of the government spending bill that passed Friday, the office’s director said in a statement Friday. Sesha Joi Moon said in her statement to CNN that her department will be replaced by the Office of Talent Management under the Office of the Chief Administrative Officer. The Office of Diversity and Inclusion will close effective Monday, Moon said. The change comes as DEI programs and initiatives across the country are facing increasing attacks from critics and Republican lawmakers. The office was first formed in March 2020 with a mission of…