• Expert Says US Election Results Wont Deter Wall Street and Institutions from Adopting Bitcoin
    techreport.com
    Key takeawaysBitcoin hit a new all-time high after Republican Party candidate Donald Trump won the presidential election on Tuesday.While many think a Trump win is a game-changer for BTC, Bitwises CIO Matt Hougan says crypto will thrive no matter who wins.Hougan believes that regardless of who wins, Wall Street and institutions will continue to adopt crypto.Wall Street Will Embrace Crypto Regardless HouganBitcoin has received significant attention after the conclusion of the US presidential election. Many believe Donald Trumps winning the election is the beginning of a new era of crypto-friendly regulations that will encourage mainstream adoption.Crypto enthusiasts anticipate that Trump, being pro-crypto, will introduce progressive regulations that will positively impact Bitcoin and other digital assets.In a recent client memo titled Crypto Has Already Won, Matt Hougan, the chief investment officer at Bitwise Asset Management, shared an interesting perspective. Hougan believes crypto was already poised for mainstream adoption regardless of who took over the Oval Office.The investment expert said a Trump victory would minimize regulatory risk for altcoins. However, regardless of the election outcome, Hougan said, Bitcoin, Ethereum, and Stablecoins will thrive no matter who wins.He believes these assets will continue to grow, attracting investment from institutions and Wall Street irrespective of who wins the election.According to Hougan, spot crypto ETF inflows will continue, regardless. He also mentioned that Stablecoin adoption will continue to expand rapidly while institutions will funnel funds into crypto.Further, the Bitwise CIO noted that the adoption of real-world assets and tokenization on Wall Street will continue to grow. He also mentioned that blockchain technology will keep advancing with cheaper and faster transactions.Also, he noted that the mainstream adoption and growth of real-world blockchain applications like Polymarket will not stop.This remark implies that Bitwise believes that blockchain, crypto, and related technology have come to stay and will adapt to any political change.How Will a Trump Win Affect Bitcoin And Other Crypto Assets?According to Hougan, the election results will mainly have a short-term effect on crypto. It will either be a speed bump or wind gust effect, slowing crypto down or speeding it up, but it cant stop it.Make no mistake: What happens in Tuesdays election matters, particularly in the short term. But as I see it, over the long term, Tuesday will prove to be something between a speed bump and a wind gust. Neither is going to stop this train, Hougan emphasized.Meanwhile, in a Wednesday comment posted on X after the presidential election, Hougan said a fresh, pro-crypto regulatory will be a game-changer. He explained that a crypto-friendly regulatory environment would motivate institutional investors, who had been discouraged by the hostile atmosphere, to invest in crypto.Meanwhile, Bitcoin hit an all-time high of $76,460 on Wednesday, reeling from the election buzz effect. Bitcoin has attracted significant investor attention, with its Open Interest reaching $45.4 billion on November 6, a 13.3% increase from November 5.Currently, Bitcoin Open Interest has reached $83 billion, up 4% over the past day, as BTC aims for the $80,000 threshold. Several market analysts have predicted a continued uptrend, with Bitcoin possibly hitting $100,000 before 2024 ends.Add Techreport to Your Google News Feed Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now! Subscribe now Rida is a dedicated crypto journalist with a passion for the latest developments in the cryptocurrency world. With a keen eye for detail and a commitment to thorough research, she delivers timely and insightful news articles that keep her readers informed about the rapidly evolving digital economy. View all articles by Rida Fatima Our editorial processThe Tech Reporteditorial policyis centered on providing helpful, accurate content that offers real value to our readers. We only work with experienced writers who have specific knowledge in the topics they cover, including latest developments in technology, online privacy, cryptocurrencies, software, and more. Our editorial policy ensures that each topic is researched and curated by our in-house editors. We maintain rigorous journalistic standards, and every article is 100% written byreal authors.
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  • XRP Breaks Crucial Moving Averages, Strong Support at $0.50 Signals Bullish Momentum
    techreport.com
    Key takeawaysXRP recently broke above three key moving averages: 50 EMA, 100 EMA, and 200 EMA, signaling a robust comeback.XRPs price surge created strong support at the $0.50 level, strengthening the outlook for future gains.Despite bullish momentum, resistance around $0.58 and $0.60 could slow the rally.A breakout above $0.60 could pave the way for a potential price rise to $0.65.XRP Breaks Above Key Moving AveragesXRP recently marked an impressive comeback, breaking above three significant moving averages: the 50 EMA, 100 EMA, and 200 EMA. This surge in price is a clear sign that the market structure for Ripples native token is recovering.Breaking these critical levels is significant and suggests the cryptocurrency could see further gains. The 50 EMA, 100 EMA, and 200 EMA are key technical indicators that traders watch closely. So, XRPs successful break above these three moving averages shows that the market will likely support further growth.The recent price action suggests that it has regained its bullish momentum after a period of consolidation. XRP is trading around $0.57, a 4.24% rise in the past 24 hours, with a 5.8% seven-day price increase.However, the possibility of a short-term retracement as it encounters some resistance levels remains. The next few price levels could be crucial in determining the future direction of XRP.Support at $0.50: What It Means for XRPA key point in this rally is XRPs ability to maintain support above $0.50. This level is crucial because it now serves as a strong base for the coin. If XRP consistently holds above $0.50, it will signal stability and confidence in the market, leading to substantial gains.Source: TradingViewIf XRP falls below the $0.50 mark, the next support target would be near $0.48. For now, however, XRPs ability to stay above $0.50 shows that the bulls are protecting their gains. The volume analysis backs this up, indicating strong buying interest from investors.The Moving Average Convergence Divergence (MACD) is also strongly above its signal line.This indicator suggests that investors believe this price surge is only the beginning of a longer-term rally.Resistance Levels to Watch: $0.56 and $0.60XRP is now facing some critical resistance levels that could impact its price action. The first primary resistance lies at $0.56. This level is significant because its both a technical and psychological barrier. XRP might face a temporary pullback if it struggles to break above this level.Beyond $0.56, theres another resistance level at $0.60. This is another crucial point for XRP, as breaking above could signal a continuation of the bullish trend.If XRP can clear both these resistance levels, it could pave the way for a rally to higher levels, potentially around $0.65.Breaking above key moving averages, maintaining strong support at $0.50, and testing resistance levels at $0.58 and $0.60 all suggest that XRP is poised for further growth.However, the market remains volatile, and the chart shows that XRP might face some resistance in the short term. While XRP seems to be in a strong position, it is essential to remain cautious, especially given the potential for short-term retracement.Add Techreport to Your Google News Feed Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now! Subscribe now Rida is a dedicated crypto journalist with a passion for the latest developments in the cryptocurrency world. With a keen eye for detail and a commitment to thorough research, she delivers timely and insightful news articles that keep her readers informed about the rapidly evolving digital economy. View all articles by Rida Fatima Our editorial processThe Tech Reporteditorial policyis centered on providing helpful, accurate content that offers real value to our readers. We only work with experienced writers who have specific knowledge in the topics they cover, including latest developments in technology, online privacy, cryptocurrencies, software, and more. Our editorial policy ensures that each topic is researched and curated by our in-house editors. We maintain rigorous journalistic standards, and every article is 100% written byreal authors.
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  • NYT Mini Crossword today: puzzle answers for Sunday, November 10
    www.digitaltrends.com
    Sam Hill / Digital TrendsLove crossword puzzles but dont have all day to sit and solve a full-sized puzzle in your daily newspaper? Thats what The Mini is for!A bite-sized version of the New York Times well-known crossword puzzle, The Mini is a quick and easy way to test your crossword skills daily in a lot less time (the average puzzle takes most players just over a minute to solve). While The Mini is smaller and simpler than a normal crossword, it isnt always easy. Tripping up on one clue can be the difference between a personal best completion time and an embarrassing solve attempt.Recommended VideosJust like ourWordle hints and Connections hints, were here to help with The Mini today if youre stuck and need a little help.RelatedBelow are the answers for the NYT Mini crossword today.New York TimesAcrossOpposite of shall, in poetry SHANTFragrant cabinet wood CEDARKind of green OLIVEMakes a run for it FLEESInfractions that may lead to yellow cards FOULSDownSay Oh, Im sooo sure , say SCOLDGreetings! HELLOFarwell! ADIEUKind of orange NAVELLong lock of hair TRESSEditors Recommendations
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  • NYT Strands today: hints, spangram and answers for Sunday, November 10
    www.digitaltrends.com
    Strands is a brand new daily puzzle from the New York Times. A trickier take on the classic word search, youll need a keen eye to solve this puzzle.ContentsLike Wordle, Connections, and the Mini Crossword, Strands can be a bit difficult to solve some days. Theres no shame in needing a little help from time to time. If youre stuck and need to know the answers to todays Strands puzzle, check out the solved puzzle below.Recommended VideosHow to play StrandsYou start every Strands puzzle with the goal of finding the theme words hidden in the grid of letters. Manipulate letters by dragging or tapping to craft words; double-tap the final letter to confirm. If you find the correct word, the letters will be highlighted blue and will no longer be selectable.RelatedIf you find a word that isnt a theme word, it still helps! For every three non-theme words you find that are at least four letters long, youll get a hint the letters of one of the theme words will be revealed and youll just have to unscramble it.Every single letter on the grid is used to spell out the theme words and there is no overlap. Every letter will be used once, and only once.Each puzzle contains one spangram, a special theme word (or words) that describe the puzzles theme and touches two opposite sides of the board. When you find the spangram, it will be highlighted yellow.The goal should be to complete the puzzle quickly without using too many hints.Todays theme is Nice fitHeres a hint that might help you: specific types of outfits.Todays Strand answersNYTTodays spanagramWell start by giving you the spangram, which might help you figure out the theme and solve the rest of the puzzle on your own:WELLSUITEDTodays Strands answersJUMPCIVILSTRONGLEISUREBIRTHDAYBUSINESSEditors Recommendations
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  • NYT Connections: hints and answers for Sunday, November 10
    www.digitaltrends.com
    Sam Hill / Digital TrendsConnections is oneof the best puzzle games from the New York Times. The game tasks you with categorizing a pool of 16 words into four secret (for now) groups by figuring out how the words relate to each other. The puzzle resets every night at midnight and each new puzzle has a varying degree of difficulty. Just like Wordle, you can keep track of your winning streak and compare your scores with friends.ContentsSome days are trickier than others just like other NYT Games favorites The Mini and Strands. If youre having a little trouble solving todays puzzle, check out our Connections tips and tricks guide for some good strategies or check out the hints for todays Connections puzzle below. And if you still cant get it, well tell you todays answers at the very end.Recommended VideosConnections is a daily game about finding common threads between words. Players must select four groups of four words without making more than three mistakes. Play now. https://t.co/YITfSnqODb pic.twitter.com/CqObVOqeUs The New York Times (@nytimes) November 3, 2024RelatedYou can play Connections on the New York Times website or with the NYT Games app on iOS or Android.In Connections, youll be shown a grid containing 16 words your objective is to organize these words into four sets of four by identifying the connections that link them. These sets could encompass concepts like titles of video game franchises, book series sequels, shades of red, names of chain restaurants, etc.There are generally words that seem like they could fit multiple themes, but theres only one 100% correct answer. Youre able to shuffle the grid of words and rearrange them to help better see the potential connections.Each group is color-coded. The yellow group is the easiest to figure out, followed by the green, blue, and purple groups.Pick four words and hitSubmit. If youre correct, the four words will be removed from the grid and the theme connecting them will be revealed. Guess incorrectly and itll count as a mistake. You only have four mistakes available until the game ends.We can help you solve todays Connection by telling you the four themes. If you need more assistance, well also give you one word from each group below.Todays themesBARREL-SHAPED CONTAINERGUIDEN.F.L. TEAM MEMBERTHINGS THAT SWINGOne-answer revealsBARREL-SHAPED CONTAINER CASKGUIDE PILOTN.F.L. TEAM MEMBER COWBOYTHINGS THAT SWING GOLFERNew York TimesStill no luck? Thats OK. This puzzle is designed to be difficult. If you just want to see todays Connections answer, weve got you covered below:BARREL-SHAPED CONTAINER CASK, CYLINDER, DRUM, TANKGUIDE PILOT, SHEPHERD, STEER, USHERN.F.L. TEAM MEMBER COWBOY, JET, RAM, RAVENTHINGS THAT SWING GOLFER, PENDULUM, SALOON DOORS, SWINGConnectionsgrids vary widely and change every day. If you couldnt solve todays puzzle, be sure to check back in tomorrow.What time does the Connections puzzle change?The puzzle changes daily at midnight local time.Who edits the NYT Connections game?Wyna Liu, who has been editing puzzles at The New York Times since 2020, edits Connections daily.A few months ago, a new assignment crossed my desk: Create the game boards for Connections, a category matching game that had recently been greenlighted and was in search of an editor, wrote Liu in an article explaining her process in June 2024. Most of my puzzle experience has been working with crosswords, and I was excited at the chance to try something different. Ive enjoyed learning how puzzle editing plays out once a game is greenlighted, and seeing how our team fits into a larger ecosystem.On the one-year anniversary of Connections launching earlier this year, Liu posted this TikTok about her favorite puzzles so far:@thegamesteam ? happy one year anniversary to connections, our newest official NYT game ? #nytgames #nytconnections #nyt The Kite Live by Luisa Marion luisa_marion_musicEditors Recommendations
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  • Families Battle Tech Giants as Australia Pushes for an Under-16 Social-Media Ban
    www.wsj.com
    The proposal marks the latest effort by political leaders worldwide to regulate childrens use of platforms, amid concerns that it is harming their mental health.
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  • Arts Calendar: Happenings for the Week of November 10
    www.wsj.com
    Dwayne Johnson tries to rescue a kidnapped Santa Claus in Red One, Dune Prophecy tells the deep history of the sci-fi epic, Kenneth Branagh stars as King Lear, and more.
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  • New SMB-friendly subscription tier may be too late to stop VMware migrations
    arstechnica.com
    Decisions, decisions New SMB-friendly subscription tier may be too late to stop VMware migrations Broadcom acquisition was a "wake-up call" for VMware-dependent SMBs. Scharon Harding Nov 8, 2024 4:59 pm | 57 Credit: Getty Credit: Getty Story textSizeSmallStandardLargeWidth *StandardWideLinksStandardOrange* Subscribers only Learn moreBroadcom has a new subscription tier for VMware virtualization software that may appease some disgruntled VMware customers, especially small to medium-sized businesses. The new VMware vSphere Enterprise Plus subscription tier creates a more digestible bundle that's more appropriate for smaller customers. But it may be too late to convince some SMBs not to abandon VMware.Soon after Broadcom bought VMware, it stopped the sale of VMware perpetual licenses and started requiring subscriptions. Broadcom also bundled VMware's products into a smaller number of SKUs, resulting in higher costs and frustration for customers that felt like they were being forced to pay for products that they didn't want. All that, combined with Broadcom ditching some smaller VMware channel partners (and reportedly taking the biggest clients direct), have raised doubts that Broadcom's VMware would be a good fit for smaller customers.The challenge with much of the VMware by Broadcom changes to date and before the announcement [of the vSphere Enterprise Plus subscription tier] is that it also forced many organizations to a much higher offering and much more components to a stack that they were previously uninterested in deploying," Rick Vanover, Veeam's product strategy VP, told Ars.On October 31, Broadcom announced the vSphere Enterprise Plus subscription tier. From smallest to largest, the available tiers are vSphere Standard, vSphere Enterprise Plus, vSphere Foundation, and the flagship VMware Cloud Foundation. The introduction of vSphere Enterprise Plus means that customers who only want vSphere virtualization can now pick from two bundles instead of one.[T]o round out the portfolio, for customers who are focused on compute virtualization, we will now have two options, VMware vSphere Enterprise Plus and VMware vSphere Standard," Prashanth Shenoy, vice president of product marketing in the VMware Cloud Foundation division of Broadcom, explained in a blog post.SMBs considering ditching VMwareBroadcom's VMware sales changes have led many customers seriously investigating other options, including rival virtualization softwareand even moving away from virtualization altogether.But the new subscription tier could be viewed as a plus for SMBs that were being forced to buy more VMware products than desired and typically have smaller IT budgets than enterprise-sized firms. "This new option will find many customers where they areand in my opinion make them rethink any migration options," Vanover said. "So much depends on pricing, but this at face value is a very positive move. You never want to lose a customer; this is a step in that direction.Broadcom, which closed its VMware acquisition last November, has already pushed customers towards its rivals. As such, Gartner has pointed to Broadcom's changes as being drivers for the small but notable revirtualization and devirtualization (which Gartner says is smaller and growing more slowly than revirtualization) IT trends. The new vSphere subscription tier may not be enough to sway recalcitrant SMBs. "Many clients are looking.. at this [as] a wake-up call to how dependent they had become on a single vendor and are looking for more diversity in their on-premises environments, said Tony Harvey, a senior director analyst at Gartner.Ultimately, the price points that Broadcom is able to offer through the subscription tier will be decisive."[SMBs] are a very cost-conscious customer and will put forth the work to move as a matter of necessity," Vanover said. "I know of many very happy customers running Microsoft Hyper-V, which is very attractive to the SMB. Will they move? This remains to be seen. Veeam telemetry shows that there are changes in the market, but is the sky falling on VMware in the SMB? We do not yet know.Broadcom may have stymied some frustration from SMBs with the vSphere Enterprise Plus subscription tier. But the company's focus is likely to remain on larger shops.Scharon HardingSenior Product ReviewerScharon HardingSenior Product Reviewer Scharon is Ars Technicas Senior Product Reviewer writing news, reviews, and analysis on consumer technology, including laptops, mechanical keyboards, and monitors. Shes based in Brooklyn. 57 Comments
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  • How can I help a friend who is relentlessly negative about life?
    www.newscientist.com
    Offering emotional support should, of course, be central to any good relationshipSkynesher/Getty ImagesAfter one of my recent book talks, an audience member described a friend who was having a hard time. Every conversation turned to the stress the friend was experiencing at work or the marital problems she was facing at home. I want to be there for her, my new acquaintance told me. But I dont seem to be helping.Offering emotional support should, of course, be central to any good relationship and until recently, I thought that patient listening was the best help that someone
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  • Why Ralph Lauren, the all-American luxury brand, is a hit in China
    www.businessinsider.com
    Ralph Lauren just reported strong sales in Asia, including in China. The iconic American brand appears to be bucking the luxury slowdown in China. Classic luxury, which Ralph Lauren encapsulates, is resonating with Chinese consumers. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Ralph Lauren, the quintessential American brand, is pulling off what many of its luxury peers are finding near impossible right now: getting Chinese consumers to spend.An integral part of Ralph Lauren's success is that it doesn't shy away from its all-American-ness.At a time when luxury conglomerates like LVMH and Kering are seeing sales in China drop, dampened by issues like its real estate crisis and the rise of "luxury shaming," the New York City-headquartered company is seeing quite the opposite.In its second-quarter earnings for fiscal 2025, released Thursday, Ralph Lauren reported global same-store sales were up 10%. Asia led its growth, with same-store sales up 11% during the quarter. The company said revenue growth in Asia was up 10% in constant currency, with the China market alone up in the low teens.China remains a relatively small revenue source for Ralph Lauren, accounting for just 8% of the entire business. But it's onto something there and it knows it."I've said it before but it bears repeating in a volatile environment, Ralph Lauren is firmly on offense," Patrice Louvet, the CEO of Ralph Lauren, said on a conference call with analysts on Thursday.Logos are out, but 'Preppy' is still inOne factor contributing to the luxury slowdown in China is a move away from ostentatious displays of wealth, fueled partly by government policy.Xi Jinping's government has spent over a decade discouraging ostentatious displays of affluence, fueling the rise of "luxury shame" among Chinese consumers.Neil Saunders, managing director of GlobalData Retail, told Business Insider via email that while this movement has hit brands that are "overt" and "flashy" hard, it's set up brands like Ralph Lauren, known for its "classic, quiet luxury" products, to thrive.He said Ralph Lauren's styling and brand position are very favorable to current trends, in which consumers are not looking to flaunt their wealth but want products that have some longevity. Ralph Lauren classics like Polo shirts and cable-knit sweaters are a hit with Chinese consumers. Edward Berthelot/Getty Images Martin Roll, global business strategist and senior advisor at consulting giant McKinsey, also told BI over email that Ralph Lauren's embodiment of the "classic American lifestyle" is key.As the Chinese market shifts from conspicuous spending to "more refined and 'timeless luxury,'" Roll said, consumers want brands that "represent quality, authenticity, heritage, and status."Speaking to analysts in the conference call, Louvet said staple products like Ralph Lauren cable-knit sweaters, Polo shirts, and sports coats are what have driven sales, both in China and abroad."Our core is resonating in Tokyo, in Seoul, in Shanghai and Milan," he said. "At a time where consumers are worried about the future around the world, where they're more discerning on how they spend their money, they really turn the brands they know. They turn the product categories they trust."American, but China-forward in ChinaWhile Ralph Lauren doesn't hide its Americanism in China, it does reinvent how it targets consumers there, which Roll said is key to its success."Ralph Lauren has established a strong online presence on major e-commerce sites such as Tmall and JD.com, as well as on social media platforms like WeChat," Roll said. "This omnichannel strategy allows the brand to reach a wider audience and engage consumers through multiple touchpoints aside from retail stores."He added that Ralph Lauren is connecting with Chinese Gen Zers, who are increasingly accounting for a larger portion of luxury purchases through those same digital platforms, pop-up stores, and exclusive collection drops. Ralph Lauren targets Chinese consumers in six key cities and on local Chinese social media platforms. Sebastian Ng/SOPA Images/LightRocket via Getty Images With its brick-and-mortar stores, Ralph Lauren has prospered by doing more with less.It targets just six key cities in China including Beijing, Shanghai, and Chengdu a contrast to some luxury brand peers that went all in with opening newer, bigger stores throughout the country during the luxury boom post-COVID-19 some of which now sit empty.Leaning into sustainability which Olivia Plotnick, founder of Wai Social, an advertising and social media firm in Shanghai, previously told BI is another way younger generations in China are redefining luxury for themselves is also playing to Ralph Lauren's favor."Sustainable practices are becoming more and more important to Ralph Lauren, which appeals to China's younger, greener clientele," Roll said, noting the company's "Color on Demand" cotton dyeing initiative, launched in 2021, as an example."This China for China approach shows respect for local culture and values," he added. "And it appeals to national pride and fosters brand loyalty for Ralph Lauren."Still, with Donald Trump's reelection, looming tariffs against China raises questions on how long Ralph Lauren's winning in the region may last.Roll said American brands may find it harder to appeal to Chinese consumers in the wake of tariffs because of rising nationalist sentiment."It's not going to be easier to be an Apple. It's not going to be easier to be an LVMH. It's not going to be easier to be any type of retail brand in China, at least in the foreseeable future," he said.
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