Posts by Amelia Frost
Cardano Whales Are Buying: Is This ADA’s Bottom or a Trap?
Cardano just staged the kind of bounce that makes traders nervous, not confident. ADA added 14,783 new non-empty wallets in the days after its June 23 bottom, per on-chain firm Santiment, then ripped roughly 24% in a week, touching $0.199 on July 5 before settling near $0.181. The ADA price still sits about 87% below…
Read MoreThe AI Cost Crisis Isn’t About Models. It’s About Context.
After two years of maxing out on AI tools, many organizations are confronting an uncomfortable reality: AI costs don’t scale linearly with adoption. As workflows move beyond simple chatbots to autonomous agents, token consumption has exploded. Although the cost per token has declined, the total number of tokens being processed has increased even faster, driving…
Read MoreIsrael Pledged To Destroy Hamas After Oct. 7. Americans Increasingly Believe It Went Too Far In Gaza: Poll
A new Associated Press-NORC poll finds that support for Israel is in decline among Americans, particularly among Democrats. The poll surveyed 3,040 U.S. adults from June 11-17. It found the sharpest decline was among Democrats, but also division among Republicans on the topic. The decline comes after years of war between Israel and the Palestinians…
Read MorePrediction Markets Keep Betting The Strait of Hormuz Will Reopen But What If This Is the New Normal?
U.S. President Donald Trump’s declaration that the ceasefire with Iran was “over” sent traders on prediction markets scrambling to revise their expectations for when traffic through the Strait of Hormuz might return to normal. Kalshi, which defines “normal” traffic as a seven-day moving average of more than 60 transit calls based on IMF PortWatch data,…
Read MoreSpaceX Shares Sink Below Its Opening Price After Nasdaq 100 Entry As Momentum Falters
SpaceX shares extended their recent decline on Wednesday, closing at $148, marking the second consecutive trading session below the company’s June 12 opening price of $150 per share despite its high-profile addition to the Nasdaq 100 index earlier this week. SpaceX became one of the fastest companies ever admitted to the Nasdaq 100 after the…
Read MoreJudge Orders Trump to Pay E. Jean Carroll $5.8 Million in Rape Case, Now He’s Appealing
A federal judge has ordered that writer E. Jean Carroll receive approximately $5.8 million from President Donald Trump after years of litigation stemming from a civil jury’s finding that Trump sexually abused and defamed her. The ruling marks another legal setback for the president, whose attorneys immediately appealed in an effort to block the payment.…
Read MoreTensions Keep Rising In The Strait Of Hormuz: Stocks Are Mostly Dropping As a Result
Stocks mostly dropped on Wednesday as tensions between the U.S. and Iran keep rising. The Dow Jones Industrial Average underperformed, losing more than 1%, while the S&P 500 fell 0.28%. The tech-heavy Nasdaq Composite reversed losses and edged up. Oil is soaring as well. Brent crude, the international benchmark, jumped more than 6% and stood…
Read MoreThe Fed Kept Rates Steady In Its Last Meetings. The Minutes Show Members Disagreed About What To Do
Federal Reserve officials were split about what to do with interest rates in their last meeting, minutes released on Wednesday show. Some members analyzed that inflation could ease soon, allowing for lower rates. Others saw the opposite scenario in the June 16.17 meeting, Kevin Warsh’s first meeting as chairman of the central bank. CNBC recalled…
Read MoreFreeland’s Ukraine Ties Rekindle Debate over Loyalty, Sanctions and Diaspora Politics in Canada
No Canadian politician was more closely associated with the West’s economic campaign against Russia than Chrystia Freeland, the former Finance Minister and Deputy Prime Minister. As one of the architects and most vocal advocates of sanctions targeting Russia’s financial and energy sectors, Freeland argued that reducing Moscow’s energy revenues was essential to weakening the Kremlin’s…
Read MoreXRP Just Crushed Bitcoin and Ethereum in Korea, Here’s Why
XRP just reclaimed the throne on Upbit, South Korea’s largest crypto exchange, posting $52.33 million in 24-hour trading volume and blowing past Bitcoin at $42.14 million and Ethereum at $24.30 million on the same venue. Roughly 10% of Upbit’s entire $493.74 million daily flow ran through XRP, leaving the two biggest coins on earth in…
Read MoreUkraine Has Managed To Increasingly Hit Deep Inside Russia. Moscow Is Implementing New Tactics To Adapt
Russia is deploying powerful electronic warfare systems designed to disrupt Elon Musk‘s Starlink satellite internet network as Moscow races to blunt Ukraine‘s advantageous ability to conduct long-range drone strikes capable of hitting military targets deep behind the front lines. According to Ukrainian drone commanders and pilots interviewed by Reuters in the southern Zaporizhzhia region, Russian…
Read MoreObamacare Premiums Recently Increased By Double-Digit Hike. They Are Poised To Do It Again Next Year.
Americans who buy health insurance through the Affordable Care Act marketplace could face another sharp increase in premiums next year, with insurers proposing a median 14% rate hike for 2027, according to a new analysis from the Kaiser Family Foundation. If approved, it would mark the second consecutive year of double-digit premium increases, adding new…
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