President-elect Donald Trump shocked the crypto industry by launching his first official cryptocurrency, the $TRUMP meme coin, while reportedly hosting a “Crypto Ball” on Friday night with the industry in Washington, D.C. The Crypto Ball was organised to celebrate Trump’s pro-crypto policies. He also announced the launch of the $TRUMP coin on Truth Social and … Read more
According to the US Bureau of Labor Statistics, the US Consumer Price Index (CPI) for all urban consumers increased by 0.4% in December 2024 compared to a 0.3% jump in November. Headline CPI rose 2.9% year-over-year in December, in alignment with projections from economists. Furthermore, core CPI, excluding the volatile food and energy index, rose … Read more
Cryptocurrencies like Bitcoin have transformed the financial landscape, offering rapid wealth creation for some but devastating consequences for others. As Bitcoin prices surged to a record £80,802 ($101,537) on 7th January 2025, stories of riches have flooded social media, overshadowing the grim reality of financial ruin and addiction faced by many. Crypto Addiction: A Growing … Read more
The Nancy Pelosi Stock Tracker account on X.com, formerly Twitter, recently posted that the California Representative’s investment portfolio returned 54% in 2024, beating the popular Inverse Cramer account’s 43% gains to become the top portfolio on the Autopilot investment app. The team behind the Pelosi tracker account created Autopilot. It helps investors mimic the trades … Read more
Tesla (NASDAQ: TSLA) share prices fell 3.25% to £323.13 ($403.84) on 31st December 2024, a day before a Tesla Cybertruck burst into flames in front of the Las Vegas Trump Hotel entrance at approximately 8:40 am local time. The TSLA stock price fell by over 5.5% to £307.18 ($380.81) on 2nd January, 2025. The Federal … Read more
According to court records filed on Thursday, investors who cumulatively lost £120,676 ($151,000) in the HAWK meme coin, inspired by Haliey Welch’s Hawk Tuah trend, filed a lawsuit in the first US District Court in New York against the crypto team and its business partners. The lawsuit alleged that the Hawk Tuah team failed to … Read more
Opinions expressed by Entrepreneur contributors are their own. In any business’s journey, leaders must make tough calls about what products to keep offering and which to discontinue in order to facilitate long-term profitability and growth. When Steve Jobs returned to Apple as CEO in 1997, he found a company that was bloated and underperforming. He … Read more
Haliey Welch, who shot to overnight internet fame this summer for her quirky ‘hawk tuah’ intimacy advice on TikTok, is now under fire after her meme coin, HAWK, left investors facing devastating financial losses. Welch, who promoted the cryptocurrency as a way to reward her dedicated fanbase, now finds herself at the centre of a … Read more
The launch of the HAWK meme coin, spearheaded by social media influencer Haliey Welch, has devolved into controversy as reports reveal that her crypto team profited £2.59 million ($3.3 million) during a chaotic rollout. The token’s value crashed by 95% shortly after launch, sparking investor outrage and leading to complaints filed with the US Securities … Read more
Microsoft (NASDAQ: MSFT) co-founder Bill Gates has long been a proponent of environmental initiatives and a sustainable future. However, according to Walter Isaacson’s 2023 biography of Elon Musk, Gates’ alleged undisclosed short position against Tesla (NASDAQ: TSLA) led Musk to view his actions as hypocritical. A short position is simply betting against the company, and … Read more
