The former support zone at $23.5 served as resistance during the recent bounce. The strength of the sellers was too high and the downtrend is expected to continue this week. Avalanche [AVAX] was nearing the $19.6 short-term support level. Its trend remained bearish on the 1-day chart. With Bitcoin [BTC] below $60k, sentiment in the crypto market appeared weak.

Why AVAX could fall below $15 this week

Sui, Helium, and Zcash were the biggest winners in the past week. Lido DAO, Aave, and Maker made up the top losers’ list. Certain tokens have notably diverged from the trend in a week marked by volatility and downturns in the broader cryptocurrency market. Sui (SUI) emerged as the...

Crypto market’s weekly winners and losers – SUI, HNT, LIDO, AAVE

NOT – Key levels to watch. On the 12-hour chart, $0.01 has been acting as key support for the past two months. It was a key price interest for bulls because it doubled as a bullish order block (OB) and aligned with the 76.8% Fib level. On the upper...

Notcoin price prediction: +10% potential gains if these key levels are met

Memecoin mania likely to be back per recent narrative mindshare data. Will WIF recovery benefit from the renewed market interest?. Dogwifhat [WIF] was among the best-performing memecoins in the first half of 2024. But its momentum lost traction at the beginning of H2. WIF shed over 60% in July and August and dropped to $1.0.

Memecoin mania returns: Can WIF extend the 65% recovery?

The S&P 500 (SPX) Index rebounded sharply from its intra-week lows to end the week on a flat note. Bitcoin (BTC) also made a similar recovery from its weekly lows to finish with marginal gains of about 1%. The failure of the bears to capitalize on the weakness suggests that the lower levels are attracting buyers.

Price analysis 8/12: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

The stock market’s benchmark index, the S&P 500, has erased $1.2 trillion of its market capitalization since its daily high in just four hours after falling “in a literal straight line lower.”. That’s according to the economics outlet Kobeissi Letter, which noted on the microblogging platform X (formerly...

Market Bloodbath: S&P 500 Crashes $1.2 Trillion in Hours as Recession Fears Soar

Pompano Beach, FL

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Akeena

In a shocking revelation, Kings Mart, a grocery store in Pompano Beach, has been slapped with a series of severe health violations by the Florida Department of Agriculture. The inspection, carried out by Francis Odio, uncovered a disturbing range of problems that have led to the immediate closure of several sections of the store.

An inspection found bugs in the food and rodent poop on the shelves at a Florida grocery store

One Walmart shopper is issuing a warning against buying meat at the massive retail chain—but the reason why isn’t strictly tied to Walmart. It seems that customers at stores such as Walmart believe it's acceptable to grab perishable items, such as meat or dairy, and then place them on any available shelf if they decide they no longer want them.

Walmart customer shares why they will never shop for meat at the store leaving viewers torn

“Ripple USD will be fully backed by a segregated reserve of cash and cash equivalents and redeemable 1:1 for US dollars,” the announcement reads. Ripple plans to launch a stablecoin called Ripple USD (RLUSD) by the end of 2024, available on XRP Ledger and Ethereum. It promises benefits like deep liquidity for certain trading pairs, instant settlements, and programmable finance.

Important Ripple (XRP) Update

Cooking With Maryann

Maybe it's just me, but it's not summer until I get to eat crab cakes! Don't let this recipe intimitate you! It's really not difficult, just takes a little bit of prep time in the fridge.

Delicious Crab Cakes!

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Georgia State

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Daily Coffee Press

The chances for the tropical wave in the Atlantic developing have now risen to 80% over the next seven days. The National Hurricane Center (NHC) has advised that this disturbance could become the next tropical storm or hurricane within the coming days, potentially targeting the U.S. East Coast.

Tropical Wave That Could Impact Georgia Now Has 80% Chance of Development

Gold prices have been rising over the last couple of weeks and this week posted a new record high of $2,471 an ounce on the futures market. During Tuesday’s trading, spot gold rose 1.8% to nearly $2,466 an ounce. Gold prices have accelerated because traders have become increasingly convinced...

Price of gold hits new record high

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

The hour of truth is near. Executives of several publicly traded trucking companies that recently reported earnings said they expect to know around Labor Day if the relatively normal seasonal upswing the industry has seen since spring will actually produce a peak season worthy of the moniker and—maybe, just maybe—herald the beginning of a legitimate upswing in the freight economy.

Fall freight forecast: Trucking execs cautiously optimistic about Q4 2024

The best performing precious metal for the week was palladium, up 1.30%, perhaps on ETF purchases of the metal which shows the year-to-date rise in palladium ounces held in the ETFs climbed 27%, Bloomberg reports. It is still worth noting that AUM in physically backed ETFs have been trending higher in recent weeks, suggesting more involvement from investors trading in a pocket of the gold market that had been very quiet. Bank of America previously noted that a resumption of ETF buying may be necessary for a sustained increase in prices.

Gold SWOT: If Gold Is Poised To Move, Gold Stocks May Finally Be Back In Play

Bill Ackman failed to launch a publicly-traded investment fund earlier this month. He typically keeps a highly concentrated portfolio of a few high-conviction stocks. These three companies all have strong competitive advantages, but not every one looks like a buy right now. You can still follow Bill Ackman's trades. Here...

Billionaire Bill Ackman Has 60% of His Hedge Fund's $10 Billion Portfolio in Just 3 Stocks

This recipe is sooo tasty! It truly is for garlic lovers! It involves sautéing onions and mushrooms in butter and oil until golden, then adding wine to reduce. Garlic, thyme, and parsley are stirred in for flavor, followed by seasoning with salt and pepper. The dish is garnished with additional parsley and served warm, making for a savory, aromatic side. Here's what you'll need to make it:

Garlic Mushrooms in Brown Butter Herb Sauce

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Shiba Inu (SHIB) Burn Rate Soars 4,411%, Here's Price Reaction

NewsBreak

Solana memecoins making a comeback? WIF, BONK, and POPCAT surge again

Market sentiment around WIF, BONK, and POPCAT turned bullish. Technical indicators also looked pretty bullish for all three memecoins. As the market has turned bearish, Solana...

Solana memecoins making a comeback? WIF, BONK, and POPCAT surge again

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