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This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: “Number go up.” It’s one of the many memes that sprang up during a previous crypto surge, representing a similar vibe as “to the moon” or “hodl” — the idea that the faithful would keep buying in the belief that prices would continue to climb. (It’s also the title of Zeke Faux’s seminal book on crypto.) Crypto bulls have pointed to what they say are… Source link

Max Strus caught fire against the Mavericks. (AP Photo/Sue Ogrocki) A tipped pass was only the start of the pandemonium between the Dallas Mavericks and Cleveland Cavaliers on Tuesday. The fun began with the Mavericks down 118-117 and 8.3 seconds left. Mavericks forward Maxi Kleber nearly lost the game with a mistimed pass to Luka Doncic, who still came down with the ball and drove to the basket for an attempted at a game-winner. Understandably, most of the Cavaliers defense collapsed on… Source link

Bitcoin (BTC) surged above $57,000 Tuesday, putting it within striking distance of its all-time high as enthusiasm for the world’s largest cryptocurrency reached a level last seen during a 2021 boom. The price of the digital asset is now up as much as 10% on the week and 35% so far this year, due largely to excitement sparked by a series of spot bitcoin exchange-traded funds that started trading in January. By topping $57,000, bitcoin touched its highest point since November 2021. The… Source link

(Reuters) — Bitcoin hit a two-year high on Tuesday, on track for its biggest two-day rally this year, on signs large players were buying the cryptocurrency, while smaller rival ether topped $3,200 for the first time since 2022. Bitcoin has rallied more than 10% in two sessions, helped by Monday’s disclosure from crypto investor and software firm MicroStrategy that it had recently purchased about 3,000 bitcoins for an outlay of $155 million. The original and largest cryptocurrency by market… Source link

What’s the hottest artificial intelligence (AI) stock on the market right now? You might think it’s Nvidia (NASDAQ: NVDA). After all, the giant chipmaker recently reported blowout fourth-quarter results and predicted the strong growth will continue. But there’s at least one other AI stock that is outperforming Nvidia so far in 2024: SoundHound AI (NASDAQ: SOUN). Shares of the conversational AI leader are up more than 80% so far this year. The company is scheduled to report its Q4 results… Source link

Russia’s imprisoning of US citizens as bargaining chips is “nothing new,” an ex-KGB agent said. Jack Barsky told Fox that this gives Moscow an “asset that you can trade.” Ksenia Karelina, a US-Russian ballerina, is the latest American citizen to be detained by Russia. Every US citizen detained by Russia gives the Kremlin an “asset that you can trade,” ex-KGB agent Jack Barsky said. Barsky, a former sleeper agent for Soviet intelligence in the 1970s and 1980s, told Fox News’ Martha MacCallum on… Source link

Damon Arnette has now been arrested several times since the Raiders selected him in the first round of the 2020 NFL Draft. (Ethan Miller/Getty Images) Former Las Vegas Raiders cornerback Damon Arnette was arrested in Texas last month and charged with possession of meth and the unlawful carrying of a firearm, according to the NFL Network’s Ian Rapoport. Arnette was arrested in the Dallas area on Jan. 6 at 3:30 a.m., per the report. It’s not clear specifically what led to the arrest. While… Source link

Zach Edey can become the first person to win back-to-back national player of the year awards since Ralph Sampson did so in 1982. (AP/Michael Conroy) Zach Edey won’t be returning to Purdue next season after all. The reigning national player of the year will declare for the NBA Draft after the Boilermakers’ season ends later this spring, head coach Matt Painter told CBS Sports’ Jon Rothstein on Monday. Edey had one final season available to him at Purdue if he wanted it due to the COVID-19… Source link

NEW YORK (AP) — Don Henley said Monday that he never gave away handwritten pages of draft lyrics to “Hotel California” and other Eagles hits, calling them “very personal” in testimony that also delved into an ugly but unrelated episode: his 1980 arrest. Henley, the Grammy-winning co-founder of one of the most successful bands in rock history, is prosecutors’ star witness in an unusual criminal trial surrounding the lyrics sheets. Henley says they were stolen decades ago from his barn… Source link

(Bloomberg) — The stock market lost steam near record highs as traders braced for a barrage of economic data and remarks from Federal Reserve speakers that will help shape the outlook for interest rates. Most Read from Bloomberg Wall Street is also keeping a close eye on how the market absorbs heavy Treasury and corporate sales amid month-end positioning. US yields rose after Monday’s auctions of two-year and five-year government notes. Meantime, blue-chip companies are expected to sell… Source link