Economy on The Soothsayer

Lunex Network Takes the Lead: A New Era for DeFi Exchanges?

Solana and Dogecoin are experiencing a short-term correction, but Lunex Network is gaining momentum with its noncustodial DeFi exchange. The platform has already raised over $3.1 million in presale and is attracting significant whale investments. Analysts predict that Lunex Network could deliver 1800% gains to early investors before the end of its presale. Forecast for…

SEC Chair Gary Gensler to Step Down Amid Crypto and Wall Street Controversies

United States Securities and Exchange Commission Chair Gary Gensler will step down on January 20, marking the end of his ambitious tenure that saw him clash with Wall Street and the crypto industry. Gensler’s departure comes as the agency faces intense pushback from Wall Street and congressional Republicans over his sweeping agenda to boost transparency,…

Undervalued Gems Emerge as Solana and Shiba Inu Soar

Solana and Shiba Inu have been experiencing massive gains, but savvy investors are turning their attention to undervalued cryptocurrencies like Lunex Network. The native utility token, $LNEX, is making waves with its viral presale, and experts predict it could outperform both Solana and Shiba Inu in 2025. Lunex Network’s innovative decentralized exchange and rev-share model…

Wall Street Billionaire Hwang Sentenced to 18 Years for $10 Billion Fraud

Former billionaire investor Sung Kook “Bill” Hwang has been sentenced to 18 years in prison for his role in the collapse of Archegos Capital Management, which led to losses of over $10 billion for Wall Street banks. Hwang was convicted of 10 criminal charges, including wire and securities fraud, and market manipulation. The collapse of…

Altcoin Market Sees Significant Growth: 9 Tokens to Watch

The altcoin market is experiencing a surge in growth due to positive sentiment, with several tokens poised for rapid growth and investment appeal. Rexas Finance, Solana, Avalanche, Ethereum, Chainlink, SUI, Cardano, Dogecoin, and XRP are among the top tokens to watch. These tokens are expected to benefit from the growing demand for decentralized finance (DeFi)…

Comcast Spins Off Cable TV Networks as Streaming Dominance Continues

Comcast, the US media giant, has announced plans to spin off its cable television networks, including USA, Oxygen, and E!, as the company shifts its focus towards streaming services. This move comes as millions of viewers continue to cut the cord and rely on platforms like Netflix, YouTube, and Amazon Prime Video for their entertainment…

Whales Abandon XRP and ADA for Rising Meme Coin with Projected 10,000% Gain

Large cryptocurrency investors are shifting their attention from XRP and ADA to a new meme coin called DOGEN, which is poised for explosive growth. Predictions suggest that DOGEN could soar by 10,000% in the coming months, catching the eye of the entire crypto community. The DOGEN lifestyle promises a life of luxury and success, with…

Rio Tinto Faces Bullying and Harassment Issues Amid Workplace Culture Efforts

A recent review of Rio Tinto’s workplace culture has found that over a third of employees experienced bullying in the past year, with female employees being more likely to report such incidents. The company has made efforts to tackle sexism and racism, but the review suggests that more work is needed to achieve sustained change….

Top Cryptocurrencies to Watch in November 2024

The cryptocurrency market is expected to experience significant growth in November 2024, with several digital assets showing great potential for investment. Rexas Finance, Ethereum, Solana, Pepe Coin, Toncoin, Ripple, Polkadot, and Avalanche are among the top 8 cryptocurrencies that have stood out this month, offering a mix of stability, innovation, and large returns. Forecast for…

Trump Taps Former Congressman for Transportation Secretary, Promising a “Golden Age of Travel”

US President-elect Donald Trump has nominated Sean Duffy, a former congressman and Fox Business host, as his pick for Transportation Secretary. Trump believes Duffy will usher in a “golden age of travel” by prioritizing excellence, competence, and beauty in rebuilding America’s highways, tunnels, bridges, and airports. Duffy’s nomination comes as the US transportation sector faces…

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