US stocks are poised for back-to-back gains of over 20%, a feat not seen since the late 1990s, driven by strong tech performance and investor optimism following Trump’s reelection. The S&P 500 is up nearly 60% over two years, while the Nasdaq surged over 31% this year. Despite a December selloff, analysts expect continued growth into 2025, although concerns about overvaluation and geopolitical risks linger.
read more
News from CIV
Generated 0 posts last week Co2Bit Launches AI System for Enhanced Voluntary Carbon Credit Offsets
Co2Bit Technologies has unveiled an advanced AI system to enhance the voluntary carbon credit market by providing comprehensive assessments of environmental impacts, including habitability and sustainability. This innovative approach aims to resolve inconsistencies in carbon offset ratings and is set to undergo beta testing in Q2 2025. Co2Bit has already protected over 100 million trees in the Brazilian Rainforest and formed partnerships with numerous countries to finance climate initiatives.
read moreTrump’s Crypto Ventures and Legislative Challenges in the Lame Duck Session
Amidst a potential lame-duck session, Rep. Patrick McHenry sees a chance for crypto legislation, including the FIT21 bill, to be attached to a spending bill. Meanwhile, Trump’s involvement in crypto, particularly with his WLF token, raises concerns about conflicts of interest and the Emoluments Clause, as Democrats may resist supporting crypto bills that could benefit the Trump family financially. Senate Majority Leader Chuck Schumer acknowledges the future of crypto but has not prioritized it in his legislative agenda.
read moreTether’s USDT Supply Surpasses $115 Billion Amid Crypto Market Resurgence
Tether’s USDT supply has exceeded $115 billion, with a significant market capitalization growth coinciding with Bitcoin’s price rebound. The company plans to expand its compliance team and workforce, emphasizing its commitment to mitigating illicit activities. Additionally, Tether is partnering with the Africa Blockchain Institute to educate students in Ivory Coast universities about blockchain technology and cryptocurrencies.
read more