In 1981, while conducting a redshift survey of the distribution of galaxies, astronomers spotted something (or nothing) that they weren’t expecting. “[W]e discovered that the redshift distributions in each of the three northern fields showed an identical 6,000 [kilometers per second] gap. Because these fields were separated by angles of ~35°, this suggested the existence of a large void in …
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Crypto liquidations top $1.1 billion as bitcoin enters “corrective phase”
Total liquidations in the crypto market exceeded $1.1 billion on Thursday, sparing no tokens, and prompting Glassnode analysts to say bitcoin “shows signs of exhaustion.” “Bitcoin has entered a corrective phase after the FOMC-driven rally, showing signs of ‘buy the rumor, sell the news’ dynamics. The broader market structure points toward fading momentum,” the analysts wrote. Bitcoin dipped below $109,000 …
Read More »Bitcoin, Ethereum and Dogecoin Dive as Crypto Liquidations Top $1 Billion
In brief Liquidations topped $1.1 billion, most of the them long positions. Bitcoin was down 3.6% over the past 24 hours and nearly 7% for the week. Glassnode said that crypto markets were showing “signs of exhaustion.” Major digital coins including Bitcoin, Ethereum, and Dogecoin plunged on Thursday, with liquidations over a 24-hour period topping $1 billion. Bitcoin, the leading …
Read More »Soybean farmers feel betrayed as Argentina blows a hole in rural America’s $47 billion soybean bonanza
President Donald Trump counts U.S. farmers as one of his most loyal constituencies, but the administration’s recent move to expand economic support for Argentina has drawn the ire of the agriculture industry. Treasury Secretary Scott Bessent said on social media on Wednesday that he and Trump spoke at length with Argentina president Javier Milei about plants to financially support Argentina …
Read More »Artemis Mission Costs Explode By $6 Billion While Boeing’s Failures Threaten Everything
IN A NUTSHELL 🚀 NASA’s Artemis II mission aims to return humans to the Moon, a first since 1972. 🔧 The Space Launch System has undergone enhancements for a safer and more efficient mission. 💰 The program has faced budget overruns and delays, increasing costs by $6 billion. 🌕 The mission will pave the way for future lunar explorations and …
Read More »Amazon Will Pay $2.5 Billion to Settle FTC Suit That Alleged ‘Dark Patterns’ in Prime Sign-Ups
In the six-year time frame established in the settlement, anyone who “unsuccessfully attempted” to cancel their Prime subscription online is eligible to get paid up to $51 from Amazon. People who signed up for Prime during that same period can also get up to $51 if they signed up through a “challenged enrollment flow”—a page with a confusing interface that …
Read More »US judge preliminarily approves $1.5 billion Anthropic copyright settlement – Reuters
US judge preliminarily approves $1.5 billion Anthropic copyright settlement Reuters Judge in Anthropic copyright case preliminarily approves $1.5 billion settlement with authors CNBC Judge approves $1.5 billion copyright settlement between AI company Anthropic and authors ABC News – Breaking News, Latest News and Videos Judge endorses Anthropic’s $1.5 bn copyright settlement Barron News-Shield Plaintiffs Propose Plan for Landmark $1.5 Billion Copyright Settlement Process with …
Read More »NFL’s New England Patriots Selling 8% Stake at $9+ Billion Valuation
The New England Patriots have reached an agreement to sell an 8% stake in the franchise at a valuation exceeding $9 billion, according to multiple people familiar with the details. The buyers are Sixth Street and billionaire Dean Metropoulos. Sixth Street is buying 3%, while Metropoulos will own 5%. The Kraft family will still own more than 90% of the …
Read More »Trump signs order declaring TikTok sale ready and values it at $14 billion – Reuters
Trump signs order declaring TikTok sale ready and values it at $14 billion Reuters Trump Signs Executive Order Related to TikTok Deal The New York Times TikTok staff ‘scared for their jobs’ as Donald Trump signs executive order, $14B deal in motion Hindustan Times Trump signed executive order on TikTok deal. But the deal isn’t complete CNN Oracle, Silver Lake and MGX will be …
Read More »Alibaba (BABA) Stock Rallies as $53 Billion AI Push and Nvidia Deal Spark Investor Interest
Alibaba Group (BABA) shares rose 8.19% on Wednesday after the company said it will increase its artificial intelligence budget beyond its earlier $53 billion plan. The update came at the Apsara Conference, where Chief Executive Officer Eddie Wu noted that global investment in the sector could reach $4 trillion over the next five years. He stressed that Alibaba must keep …
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