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The auto parts chain’s stock price fell after a disappointing earnings report. Genuine Parts stock (GPC -19.52%) fell today after the parent company of Napa Auto Parts, Genuine Parts, announced disappointing third-quarter financial results. Although the company exceeded sales expectations, its final profit was significantly lower. As of 1 p.m. ET, the stock price had fallen 19% on the news. Image source: Getty Images. Genuine parts apply the brakes Total revenue for the quarter reported Tuesday rose 2.5% to $5.97 billion, but would have been slightly lower without the acquisition and additional U.S. sales days. This result exceeded expectations of…

If DOGE closes the daily candlestick above the $0.15 level, DOGE could rise by 17% and reach the $0.175 level. The decline in DOGE’s open interest and long/short ratio below 1 indicates weak bearish sentiment among traders. Dogecoin (DOGE), the world’s largest meme coin by market capitalization, continues to garner significant attention from cryptocurrency enthusiasts following its impressive performance and recent rally. However, prices are currently consolidating within a narrow range, and this appears to be a price adjustment. Whales add 155 million DOGE In the midst of this consolidation, a whale seized the opportunity with DOGE and made a…

Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. U.Today brings you the top three news stories from the past day.SHIB issues 324 million tokens in one…

A small crypto battle continues amid market volatility as investors seek more stable alternatives. Coins on The Open Network (TON) blockchain, including DOGS and Hamster Kombat, are all facing significant declines, forcing investors to consider their options and invest elsewhere . The viral Ethereum token Rollblock is emerging as a solid alternative, already boasting returns of over 200% in its pre-sale event. DOGS price falls as TON blockchain decline spreads DOGS price has fallen significantly over the past year with a loss of 52.09%. This reflects broader challenges for small-scale cryptocurrencies established on open network blockchains. With DOGS prices continuing…

Stripe has invested even more heavily in cryptocurrencies, reportedly acquiring stablecoin platform Bridge in a $1.1 billion deal. After speculation surrounding the deal last week, TechCrunch founder Michael Arrington recently confirmed that the deal is complete. The acquisition of Bridge is the largest acquisition Stripe has made to date, making it one of the biggest acquisitions the still-nascent crypto industry has witnessed. “This means that stablecoins will continue to gain traction in areas such as access, usage, applications, global expansion, and regulatory developments,” said Joel Hugentobler, crypto analyst at Javelin Strategy & Research. This proves once again our strong position.”…

The former Pokemon card seller is at the forefront of a quiet crypto revolution in Africa, where stablecoins are already disrupting international payments and helping businesses thrive. Posted on October 22, 2024 at 12:00 PM EST. Listen to episodes on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or your favorite podcast platform. Africa is quickly becoming one of the most dynamic regions for cryptocurrency adoption, but the story unfolding there is very different from what many Western countries imagine. Yellow Card co-founder and CEO Chris Maurice joined the show to share how stablecoins are already transforming…

advertisement Ethereum co-founder Vitalik Buterin has proposed several solutions to counter the increasing centralization risks in the Ethereum network’s proof-of-stake mechanism, with a particular focus on the economics of block generation and staking. The strategy was outlined. This proposal comes at a critical time, as recent data on concentration levels in block production indicate. “Since early October, approximately 88% of the Ethereum block has been decided by just two major organizations,” Buterin pointed out in a comprehensive analysis called “The Scurge” published on Monday, noting that these He emphasized the urgency of addressing the trend toward centralization. His comments are…

TechCrunch founder Michael Arrington said payments giant Stripe has completed its acquisition of stablecoin startup Bridge. In a post by X referring to reports about Stripe’s acquisition talks for Bridge, executives at the tech publication say the $1.1 billion acquisition of Bridge is a done deal. A report from Bloomberg last week indicated that Stripe is in talks to acquire a stablecoin company. The stablecoin company offers products that allow businesses to use the top stablecoins USDT and USDC to send and receive payments. According to the report, Bridge has raised $58 million in startup funding from investors including Sequoia…

Important points The Avalanche Visa card allows you to spend cryptocurrencies directly at Visa merchants in Latin America and the Caribbean. Users manage their crypto assets through a self-custody wallet with no transaction fees. Share this article Avalanche has launched a new Visa card for cryptocurrency payments. This allows users to use assets such as WAVAX, USDC, and sAVAX at any merchant that accepts Visa. Avalanche card is now available! 🔺 You can use WAVAX, USDC, sAVAX, etc. anywhere Visa is accepted. Enjoy seamless transactions with both physical and virtual cards, 24/7 dedicated support, and our popular app. The future…

Bernstein said the recently confirmed $1.1 billion acquisition of stablecoin payment platform Bridge by U.S. payment processing company Stripe is an important step in the expansion of public blockchains, particularly as a use case for international cross-border transactions. This proves that the importance and legitimacy of tablecoins is increasing.“Stablecoins have become systemically important and are now the 18th largest holder of US Treasury assets alongside major sovereign holders,” Bernstein said in a note to Decrypt. said.The integration of stablecoins into payment and fintech platforms such as Stripe and PayPal highlights their growing relevance. Token issuers that are pegged to fiat…