Day: November 7, 2025
Bitcoin (BTC) Dips on Weak US Jobs Data & AI Bubble Fears: More Pain Ahead?
The post Bitcoin (BTC) Dips on Weak US Jobs Data & AI Bubble Fears: More Pain Ahead? appeared com. The Bitcoin bulls just can’t seem to staunch the relentless tide of selling. Each new push to the upside seems weaker than the last. Poor jobs data and fears that AI companies have become overbought tie into bearish market sentiment. Can Bitcoin suffer yet another price dip? Jobs are falling as AI might also be about to dip The worst unemployment figures for the month of October in the last twenty years saw 153, 000 layoffs. According to a report by Challenger, Gray & Christmas, the main reason for what is now more than 1 million job losses since the start of 2025 is the effects of DOGE and its government cost-cutting actions. Another main contributor to the loss of jobs has been blamed on the rise of AI, which has allowed companies to restructure and automate processes. On the subject of AI, stories now abound across mainstream media that are exploring the idea that AI has become vastly overbought, and that this is a bubble that could burst with huge repercussions for the US and global economies. Big Short investor Michael Burry has been in the news recently given that his company is publicly betting against tech giants Nvidia and Palantir. The legendary investor appears to be convinced that AI is in a bubble and is shorting these stocks accordingly. S&P 500 ripe for a big pullback? Since that plunge, the Index more than recovered, but as can be seen in the chart above, the price has reached the top of the blue channel, and it might be expected to start falling from here. The bottom of the channel.
Paradigm Warns Treasury On GENIUS Act Stablecoin Rules
The post Paradigm Warns Treasury On GENIUS Act Stablecocom. Paradigm filed comments warning the U. S. Treasury not to reinterpret the GENIUS Act beyond what Congress passed. The firm says affiliates of stablecoin issuers are allowed to pay yield and Treasury cannot close that channel in rulemaking. Paradigm also asked Treasury to recognize payment stablecoins as secure cash equivalents because of 1: 1 backing. Leading blockchain investment firm, Paradigm submitted a detailed response to the U. S. Treasury’s advance notice on the GENIUS Act and asked regulators to apply the statute exactly as Congress wrote it. Justin Slaughter, Paradigm’s head of regulatory affairs, said the Treasury’s Advance Notice of Proposed Rulemaking, ANPRM, is only the opening move in implementation and warned that later stages often drift away from the law’s text. The firm wants the Treasury to follow congressional intent, not create new limits through guidance. To start with a bit of context, today’s comment is a response to an ADVANCE notice of proposed rulemaking (ANPRM). So this is not even a proposed rule, but the proposal for a proposal. ⁰⁰In other words, we’re at the start of a very long road. Justin Slaughter (@JBSDC) November 6, 2025 Core Dispute: Can Affiliates Pay Yield? At the center of the debate lies a key question whether affiliates of stablecoin issuers can offer interest or yield to holders. Congress has already addressed this issue, allowing affiliates to provide such returns while prohibiting issuers from doing so directly. Paradigm argues that the Treasury has no authority to override this decision or reinterpret the statute. However, the firm also acknowledges that legal clarity alone may not prevent regulatory overreach. History shows that many bipartisan laws undergo significant transformation during implementation, often straying from their original intent. Paradigm emphasizes that this time, such changes would undermine both market fairness and consumer protection. One fight is going.
Cardano Founder Reacts as Zcash (ZEC) Skyrockets Past $10 Billion Valuation
Cardano co-founder Charles Hoskinson has weighed in on the stunning surge of Zcash (ZEC), a leading privacy-focused cryptocurrency. According to CoinMarketCap, ZEC climbed from a mere $40. 42 on September 1 to $619 at the time of publication. Visit Website.
Avalanche’s Expanding DeFi Ecosystem: A Deep Dive into Top dApps
Explore the leading decentralized applications (dApps) on the Avalanche blockchain, highlighting their features and contributions to the growing DeFi ecosystem. (Read More).
USD/CAD: Elliott Wave Analysis and Forecast for 07.11.25 – 14.11.25
Major Takeaways Main scenario: Consider long positions from corrections above the level of 1. 3885 with a target of 1. 4316 1. 4465. A buy signal: the price holds above 1. 3885. Stop Loss: below 1. 3885, Take Profit: 1. 4316 1. 4465. Alternative scenario: Breakout and consolidation below the level of 1. 3885 will allow the pair to continue declining to the levels of 1. 3570 1. 3432. A sell signal: the level of 1. 3885 is broken to the downside. Stop Loss: above 1. 3885, Take Profit: 1. 3570 1. 3432. Main Scenario Consider long positions from corrections above the level of 1. 3885 with a target of 1. 4316. Read full author’s opinion and review in blog of #LiteFinance.
Montreal and Utah hit the ice for non-conference matchup
Montreal and Utah hit the ice for non-conference matchup
WWE releases footage of CM Punk paying tribute to Seth Rollins with cryptic warning
WWE has released a video of CM Punk paying tribute to Seth Rollins this past Monday on RAW. Punk also had delivered a warning to his rival, who is currently recovering from shoulder surgery.
Ek Deewane Ki Deewaniyat: Harshvardhan Rane scene goes viral for “shirt-over-dressing” goof-up; doctor roast it on social media
Harshvardhan Rane, currently enjoying box office success with his romantic drama Ek Deewane Ki Deewaniyat, has unexpectedly become the centre of a social media debate and this time, it’s not for his performance. A scene from the Milap Zaveri directorial has caught the attention of netizens and even medical professionals, leading to a wave of memes, criticisms and light-hearted trolling. The moment under scrutiny appears in a sequence where Rane’s character sustains a bullet injury to his arm. While the narrative intends to depict the urgency of medical care, viewers were quick to point out a glaring continuity error: the dressing for the wound is applied over the actor’s shirt instead of on the skin. A doctor, who stumbled upon the clip, shared it on X (formerly Twitter) with a sarcastic caption that read, “Bollywood doctors are soo advanced. Shirt ke upper dressing.”The post quickly gained traction, and social media users wasted no time turning the clip into meme material. Comments ranged from snarky to outright hilarious, with one user writing, “Maybe they couldn’t afford to tear that shirt,” while another joked, “They don’t use two brain cells.” Some others added to the humour with quips like “Sare COVID me pass out huye hai (they all passed out in COVID),” “Mashoor Gulati is their doctor,” and “Everything is possible in love and Bollywood.” A particularly popular comment read, “Even his shirt got hit by the bullet.”Bollywood Doctors are soo advanced. Shirt ke Upper Dressing.???? pic. twitter. com/OmY7sICl8x Dr Anil Gurjar (@Dr_Akgurjar) November 5, 2025Despite the trolling, Ek Deewane Ki Deewaniyat continues to draw audiences. The film, described as an intense romantic drama, features Sonam Bajwa alongside Harshvardhan Rane. Directed by Milap Zaveri and written by Zaveri and Mushtaq Shiekh, the project is backed by Desi Movies Factory. Released on 21 October 2025 during the Diwali weekend, it faced competition from the Maddock Horror Comedy Universe title Thamma, starring Ayushmann Khurrana and Rashmika Mandanna. While the blooper has triggered online amusement, it hasn’t dampened the film’s commercial run. For now, Ek Deewane Ki Deewaniyat is trending both for its box office performance and for a moment of unintended comedy that the internet refuses to let go. Also Read: Harshvardhan Rane signs Force 3 for Rs 15 crore fee: Reports.