Shares of Trump Media & Technology Group, the investment vehicle of Donald Trump’s social media platform Truth Social, experienced a major market volatility today, losing 10% of their value. This sudden drop surprised investors and market analysts, leading to the suspension of trading on the company’s shares for the third time.
The most critical states that will determine the fate of the US presidential election and their current status:
- Arizona: Trump is ahead by 2.6% in this state. Arizona's demographics and the increase in Latin American voters make it a highly competitive area.
- Michigan: Kamala Harris is ahead by 0.8%. Michigan is notable for its concentration of Democratic voters, especially in cities like Detroit; however, there is significant support for Trump in rural areas.
- Nevada: Trump is ahead by a small margin of 0.5% here. Nevada is a state that can change political preferences due to the influence of both the tourism and mining sectors.
- Georgia: Trump is ahead by 1.5%. Georgia, which has become more competitive in recent years, is particularly notable for the change in voter demographics in Atlanta.
- North Carolina: Trump is ahead here with a 1.2% advantage. Both urban and rural areas of the state support different parties, keeping the race tight.
- Pennsylvania: Trump is ahead by a very small margin of 0.2%. Harris has strong support in industrial areas of the state, such as Pittsburgh, while Trump has strong support in rural areas.
- Wisconsin: Kamala Harris leads by 0.8%. Wisconsin reflects the political balance between mid-sized cities and rural areas, where both parties are campaigning hard.
- Minnesota: Harris leads by 5.7%. Minnesota is generally considered a Democratic stronghold, but Republican efforts are trying to reduce that advantage in this election.
The latest data has revealed significant movement in the financial world. A total of $579.5 million in net outflows were recorded on Monday in 12 funds managed by leading investment companies such as BlackRock and Fidelity Investments. This figure was recorded as the second highest single-day net outflow in history.
The 2024 presidential election in the United States will take place tomorrow, Tuesday, November 5. In this critical election, there will be a fierce battle between Democratic Party candidate Kamala Harris and Republican Party candidate Donald Trump.
Voting Process: Voting will continue in all US states throughout Election Day. Polls will close on Wednesday morning, Turkish time (TSI). When Will the Results Be Announced?: The finalization of the election results may vary, especially depending on how competitive the race is. However, the results are expected to be generally known by Wednesday evening (TSI). This process may be affected by factors such as the counting of votes cast by mail and the recounting of votes in some states.
The State Bank of Pakistan (SBP) announced today a new set of policies that will allow cryptocurrencies and similar digital assets to be accepted as legal tender in the country. This announcement, dated November 4, 2024, is considered an important step that shows Pakistan's intention to take a step towards digital transformation in financial markets.
Hamster Kombat reached 300 million players in August, but lost 259 million users. The number of active players is currently 41 million. The game's gameplay and artificial intelligence graphics were not found interesting, and the token value dropped by 76%.
Coinbase is in the middle of a major controversy over token listing fees. TRON founder Justin Sun and Fantom director Andre Cronje claim that Coinbase is demanding high amounts of TRX (approximately $80 million) and $300 million from them, respectively.
Warren Buffett has launched a massive sell-off in Apple shares that he has owned for a long time. The world-famous investor and CEO of Berkshire Hathaway, Buffett, has reduced his share of Apple by approximately 60 percent this year.
According to information reported by Bloomberg, the World Liberty Financial project, backed by former US President Donald Trump, plans to limit token sales within US territory to $30 million. This decision means that the majority of the project’s $300 million token sale target will take place abroad.
Metawin, a popular cryptocurrency platform, has fallen victim to an attack by hackers. The attackers managed to steal approximately $4 million worth of tokens by manipulating withdrawals from Metawin’s hot wallets on the Ethereum and Solana networks.
Bitcoin has reached a historic milestone in mining difficulty. The network’s mining difficulty has reached a new high, making it more complex and costly for miners to verify transactions and create new Bitcoins.
Thai investigators uncovered a gang attempting to extort approximately $10 million worth of Tether (USDT) cryptocurrency. Six police officers were arrested for their role in the illegal activities.
A remarkable target has been set for Solana (SOL), a major player in the cryptocurrency markets, with the support of artificial intelligence, by the end of 2024. Analyses made using artificial intelligence technologies predict that Solana's price could be between $ 180 and $ 190.
SafePal has introduced a new mini wallet platform offering crypto-friendly financial services on Telegram. This innovative move will enable 950 million users worldwide to bank directly on Telegram.
UBS, one of Switzerland's leading banking institutions, has added a new step to its innovative approach in financial technologies and launched a tokenized investment fund on the Ethereum blockchain network.