NORTH ANDOVER, Mass.–(BUSINESS WIRE)–WATTS WATER TECHNOLOGIES INC. COMPLETES ACQUISITION OF SUPERIOR BOILER
Crypto to pump in Q4? Yeah, right. Why bulls got it wrong
The post Crypto to pump in Q4? Yeah, right. Why bulls got it wrong appeared com. For months, big-name crypto boosters promised an “unbelievable” fourth quarter (Q4) and they weren’t wrong, just not in the way they intended. Bitcoin, the industry’s top digital asset, has performed poorly since Q4 began. It hit a six-month low over the weekend as liquidity thinned across global markets. The coin dropped to the 92, 970 range on Sunday and has since hovered around 94, 900 at last check on Nov. 17. Summary Bitcoin, Ethereum, and Solana have all fallen sharply since Q4 began, with BTC down over 10% and ETH over 11%, defying typical seasonal gains. Crypto boosters forecasted massive rallies, but the market moved in the opposite direction. Risk-off sentiment, slowing institutional inflows, regulatory pressure, and macro uncertainty have cooled what many expected to be a broad-based year-end crypto rally. Bitcoin (BTC) has averaged 77% gains in the past fourth quarters, while Ethereum (ETH) typically climbs about 19%. Since last week, Bitcoin has been down over 10%, while Ethereum has been down over 11%. And Solana (SOL) is down over 24% since Q4 began and over 16% over the past seven days. A chorus of confident predictions The downturn is especially striking given the number of prominent figures across finance and crypto that hyped up crypto heading into Q4. American Bitcoin Corp. co-founder Eric Trump declared Q4 would be “unbelievable.” He was wrong. Analysts at JPMorgan and Citi also forecast a powerful year-end rally driven by ETF inflows, with Bitcoin targets ranging from $133,000 to $165,000. Asset manager VanEck went further, projecting Bitcoin at $180,000 by year-end 2025, alongside major surges in Ethereum and Solana. Influential voices in the crypto community chimed in too: market analyst Ted Pillows expected a 35% rally, commentator Scott Melker floated a path to $250,000, and X personality Ash Crypto predicted Bitcoin would race to.
ONE 173 post-fight breakdown: Marat Grigorian makes Rukiya Anpo pay for trash-talk with a three-round beatdown
Marat Grigorian proved that it’s never wise to poke the bear. Rukiya Anpo learned this lesson the hard way at ONE 173: Superbon vs. Noiri.
Recursion’s Incoming CEO Needs To Prove That AI Drug Development Can Pay Off
The post Recursion’s Incoming CEO Needs To Prove That AI Drug Development Can Pay Off appeared com. Recursion’s incoming CEO Najat Khan Recursion After a challenging 12 years trying to use AI to create new medicines, cofounder Chris Gibson stepped down as CEO last week. Can R&D chief and new CEO Najat Khan turn it around? In 2014, Recursion cofounder and CEO Chris Gibson promised to develop 100 drugs in 10 years, thanks to the company’s use of AI in drug discovery. It’s been rocky. More than a decade on, Recursion still has not brought a single drug to market. Its shares have cratered 86% since its April 2021 IPO, giving it a market cap today of $2. 2 billion. Earlier this year, Recursion culled half of its pipeline of drugs and in June it cut its workforce by 20%, the third round of layoffs since August 2024. And its revenue for the latest 12 months (through September 30) shrank by one-third to $44 million from $65 million while its losses ballooned by nearly 90% to a staggering $716 million. But Najat Khan, who will take over as CEO on January 1 as Gibson steps back, likes doing hard things. “A lot of people when I went to Recursion said, ‘Changing the rules about how medicine is made is really hard.’ I’m like, ‘All right, challenge accepted,’” Khan told Forbes in her first interview since accepting the top job. “Is it going to work? Is it not? It is so worth a try, and rising up to that challenge, because 20 years into my career, we still have a 90% failure rate.” Khan joined Salt Lake City-based Recursion in April 2024 as head of R&D and chief commercial officer. Previously, she’d built Johnson & Johnson’s 250-person AI team from scratch as chief data science officer and global head of strategy for innovative medicine R&D. Khan has now been.
Rory McIlroy Makes History at Race to Dubai to Cap ‘Best Year’ of Career
Rory McIlroy won the DP World Tour’s Race to Dubai to cap off a season of five victories worldwide, including the Ryder Cup.
One of my favorite handhelds for PS2 games is back for under $200, but it might vanish before Black Friday
The Razer Edge is back at Amazon for under $200, and it could be your last chance to grab a refurbished version of the handheld and emulate PS2 games.
How To Prevent Another Stream Finance Crisis
The post How To Prevent Another Stream Finance Crisis appeared com. The recent Stream Finance collapse sent shockwaves through the DeFi ecosystem, but could proper risk management have prevented this disaster? Tiger Research’s eye-opening analysis reveals exactly what went wrong and how the industry can build stronger safeguards for the future. What Caused the Stream Finance Crisis? Tiger Research’s investigation uncovered critical failures in Stream Finance’s operations. The project claimed to use market-neutral strategies for stable returns, but operated with concerning opacity. The firm found no proof of reserves or confirmed insurance fund, creating massive vulnerability in their system. The trigger came when CBB raised alarms about xUSD’s borrowing practices. The stablecoin had borrowed $530 million against only $170 million in on-chain collateral a dangerous 4. 1 times leverage ratio. This risky position became unsustainable when Balancer experienced a hack, sparking investor panic and mass withdrawals. Why Is Risk Management So Critical in DeFi? Effective risk management serves as the foundation for any sustainable DeFi project. Without proper safeguards, even minor market disruptions can trigger catastrophic failures. The Stream Finance collapse demonstrates how quickly problems can spread throughout the ecosystem. The contagion effect impacted multiple projects including: MEV Capital Elixir’s deUSD Compound Yei Finance This domino effect highlights why comprehensive risk management isn’t just optional it’s essential for ecosystem stability. How Can We Implement Better Risk Management? Tiger Research proposes concrete solutions to strengthen the entire DeFi sector. Their recommendations focus on creating accountability and transparency where it’s most needed. The key improvements include: Independent risk assessments by objective third-party evaluators Structural mechanisms that impose direct accountability on project operators Regular audits and transparent reporting practices Clear collateral requirements with real-time monitoring What Does This Mean for DeFi’s Future? The Stream Finance crisis serves as a crucial learning opportunity for the entire cryptocurrency space. Proper risk management practices can transform.
Trump says US may have discussions with Venezuela’s Maduro as aircraft carrier arrives in Caribbean
Trump said the U. S. “may be having some discussions” with Venezuelan President Nicolás Maduro, a potential diplomatic avenue as the U. S. further builds up its military presence near the South American country.
Rescue Chihuahua Has ‘Severe’ Anger Issues in Shelter, Then It All Changes
Kelly Sites jokes that Charley will “always be a grumpy old man” but he’s grown so much since being given a second chance.
Boston Fleet 2025-26 PWHL preview: Alina Müller era begins with new coach, new captain
Maybe the most shocking move of the PWHL’s first-ever expansion draft process was the Boston Fleet leaving captain Hilary Knight unprotected. Knight co-led the league in scoring and looked every bit the highly decorated star she’s always been. But faced with only three protection slots, general manager Danielle Marmer opted to build around a younger player in Alina Müller, along with franchise cornerstones in defender Megan Keller and goalie Aerin Frankel, who each signed contract extensions thr.