The Business And Technology Network

This week Antenna’s Co-Founder and CEO Jonathan Carson joins us for an exclusive interview to discuss the firm’s top streaming insights from 2024. Antenna’s research has become a go-to source of data for executives from around the industry. 

In the interview we dive into a number of findings, including the shift in subscriber growth from paid to ad-supported streaming services, how sports and live events provided the top subscriber acquisition moments in 2024, the role of sports in driving virtual pay-TV operators’ growth and  which promotions worked best for new sign-ups.

Listen to the podcast to learn more (35 minutes, 40 seconds)

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This SMU vs. Penn State College Football Playoff first round game livestream is one of the first College Football Playoff games of 2024. Here’s how to watch it online, from anywhere and potentially for free.

SteelSeries Stratus is an upgrade to your phone’s touch controls, but the awkward design and lackluster thumbsticks hold it back.

Web3 payments infrastructure provider Transak is adding 11 new meme coins. PNUT, WIF, FLOKI, BOME, NEIRO, GOAT, MEMEFI, MEME, MOODENG, POPCAT, and BRETT are now available on its site.

This news comes from an exclusive press release shared with BeInCrypto.

Transak Sees Future for Meme Coins

Transak had several criteria for selecting which meme coins to add. The firm considered objective data markers like trade volumes and trust from centralized exchanges, as well as their ability to on-ramp users to Web3. However, according to Carlo de Luca Gabrielli, Global Director of Sales at Transak, the most important qualities were more subjective.

“Meme coins thrive on community support. Naturally, Transak’s primary criteria for choosing the meme coins that it did was ‘community resilience’. The thesis is that if a cryptocurrency project has a strong, almost cult-like support from the community, then it would eventually find utility,” Gabrielli claimed.

Although Transak is not an exchange per se, it has certainly been influenced by major exchanges’ recent meme coin listings. Several such firms have engaged in a spree of prominent new listings recently, sometimes boosting an asset’s price substantially.

For example, in the last month, Binance’s listing caused a 50% price jump in DEGEN. Sui-based meme coin HIPPO experienced a similar rally in early November.

Major centralized exchanges have been aggressively listing new and lower-cap meme coins in the past few months. It seems like these platforms are conscious about missing out on broader meme coin rallies. The earlier bullish cycle of Solana-based meme coins back in Q1 2024 largely benefited decentralized exchanges.

Historically, platforms like Binance have been slow and cautious in meme coin listing, but the practice has seemingly changed. Most recently, Binance listed the Pudgy Penguins PENGU token on its launch date, which saw a wide-scale sell-off from airdrop holders.

Coinbase, too, has adopted similar practices recently, although less aggressively. This exchange’s listings have caused more modest price gains in several different meme coins, yet the firm is also innovating. For example, it launched perpetual futures contracts on TURBO in October.

Some analysts in the community have nonetheless anticipated bearish trends brewing in this space. However, Transak seems committed to its meme coin strategy. For Gabrielli, these assets are a popular new trend and a valuable way to cultivate new excitement for Web3

“At Transak, we stand behind the positive impact of meme coins’ cultural phenomenon and understand their relevance as an entry point into Web3 for many. By listing 11 new meme coins, we hope to hand our users the option to participate in the crypto cultural ride that might pave the way for mass adoption of this revolutionary technology,” he finished.

Meanwhile, the meme coin market has seen heavy liquidation throughout the week. Currently, the market is down by 12%, with leading tokens like DOGE and SHIB seeing over 20% slump in the past week, according to CoinGecko data.

The post Transak Lists 11 New Meme Coins Including PNUT and GOAT appeared first on BeInCrypto.

We just found the perfect way to level up your New Year’s party: this JBL PartyBox Encore Essential speaker is down to $200 on Amazon. That’s a whopping $100 off its original price (was $300).

This party speaker is large and in charge, measuring 11.54 inches long, 10.87 inches wide, and 12.87 inches tall. I may or may not have bought one myself for Christmas, and I may or may not have tested it out before wrapping it up with a nice bow. But I will say, it’s awesome.

The PartyBox Encore Essential is loud enough for both indoor and outdoor parties, and it’s especially great for pool parties with its IPX4 splash-proof design that’ll keep it safe against accidental water exposure. I’m frankly already excited about my upcoming summer get-togethers.

The rechargeable battery can pump out 6 hours of music, and it can recharge back to full juice in about 3.5 hours. You can connect to it using Bluetooth and control it with the PartyBox app, and it can even put on a dynamic light show that syncs to your music.

Is one speaker not enough? You can pair it up wirelessly with another PartyBox speaker via its True Wireless Stereo tech to produce even louder, bolder, and impressive sound.

This is a great deal worth pouncing on, so grab this JBL PartyBox Encore Essential portable speaker for $100 off while you still can. This deal won’t last and New Year’s is right around the corner!

Save $100 on this perfect-for-parties speaker while you canBuy now at Amazon

PENGU price is down over 10% in the last 24 hours, hitting new lows as the broader cryptocurrency market faces widespread selling pressure. The token is approaching a critical support level at $0.0229, which could determine its short-term trajectory. A breakdown below this level might push PENGU below $0.020, marking further declines.

However, if buyers regain control and momentum shifts, PENGU price could target resistance levels at $0.030, $0.034, and potentially $0.039. That would offer a significant 56% upside from current price.

PENGU RSI Shows a Neutral Zone

PENGU‘s Relative Strength Index currently stands at 48.95, a notable recovery after dipping below 20 earlier. The RSI is a momentum oscillator that measures the speed and magnitude of price movements, oscillating between 0 and 100.

The RSI thresholds offer key insights into market conditions. An RSI below 30 indicates oversold conditions, suggesting the asset may be undervalued and presenting potential buying opportunities.

Conversely, an RSI above 70 signals overbought conditions, pointing to possible selling pressure as the asset might be overvalued. Levels between 30 and 70 reflect neutral conditions, often associated with consolidation or a gradual trend development.

PENGU RSI. Source: GeckoTerminal.

With PENGU’s RSI now at 48.95, the indicator suggests that the price is neither oversold nor overbought. This recovery from extreme oversold levels below 20 signals that selling pressure has eased.

In the short term, RSI near 50 implies indecision, where PENGU price could consolidate as traders assess whether bullish momentum can build or bearish pressure might resume. A push above 50 could indicate strengthening upward momentum, while a drop back toward 30 might signal renewed weakness.

48% of PENGU Available In the Airdrop Were Claimed

Approximately 48% of the total PENGU supply allocated for the airdrop has been claimed so far, leaving over 20 billion PENGU tokens still unclaimed. This substantial amount of unclaimed tokens represents a significant portion of the supply that could potentially enter the circulating market.

Airdrop claims often create selling pressure as recipients may choose to sell their tokens immediately upon receipt, particularly if the coin has already experienced price gains.

PENGU Claimed Data. Source: Dune.

In the short term, the unclaimed tokens could act as a potential overhang for PENGU price. If a large number of these tokens are claimed and sold in a short period, it could increase selling pressure and weigh on the price.

However, if the remaining tokens are claimed gradually or held by recipients instead of being sold, the impact on the market could be more muted.

PENGU Price Prediction: Will It Make New Lows?

PENGU price is currently approaching a critical support level at $0.0229. If this level fails to hold, the coin could continue its downward trajectory. It could potentially fall below $0.020 and setting new lows. This makes $0.0229 a key area for buyers to defend to prevent further bearish momentum.

PENGU Price Analysis. Source: GeckoTerminal.

On the upside, if PENGU can establish strong momentum and build a strong uptrend, it could first target resistance at $0.030. A successful break above this level could open the path to $0.034 and potentially $0.039.

That would represent a 56% upside from current levels. Such a move would require significant buying interest and a strong reversal in market sentiment.

The post Pudgy Penguins (PENGU) Price Hits Fresh Lows After Losing 10% in a Day appeared first on BeInCrypto.

The EarFun UBOOM X is a powerful boombox-slash-portable speaker with great bass and a range of custom EQ presets, but it lacks a bit of sound clarity.

The Consumer Financial Protection Bureau sued Zelle operator Early Warning Services and three of its owner banks — Bank of America, J.P. Morgan Chase and Wells Fargo — alleging that they failed to protect consumers from “widespread fraud” on the peer-to-peer payment network.

The agency’s complaint alleged that the defendants violated consumer financial protection laws by failing to implement safeguards on the payment network and denying assistance to consumers who filed fraud complaints, the CFPB said in a Friday (Dec. 20) press release.

It also alleged that the three banks failed to properly investigate complaints or reimburse consumers for fraud and errors, according to the release.

“The nation’s largest banks felt threatened by competing payment apps, so they rushed to put out Zelle,” CFPB Director Rohit Chopra said in the release. “By their failing to put in place proper safeguards, Zelle became a gold mine for fraudsters, while often leaving victims to fend for themselves.”

Zelle spokesperson Jane Khodos said in a Friday statement that the CFPB’s complaint is legally and factually flawed, that the timing of its lawsuit appears to be driven by political factors, and that Zelle is “fully prepared to defend this meritless lawsuit.”

“Zelle leads the fight against scams and fraud and has industry-leading reimbursement policies that go above and beyond the law,” Khodos said. “The CFPB’s misguided attacks will embolden criminals, cost consumers more in fees, stifle small businesses and make it harder for thousands of community banks and credit unions to compete.”

The statement added that Zelle has attempted to engage and cooperate with the CFPB on this matter, that 99.95% of payments sent via Zelle have no report of scams or fraud, and that the CFPB’s lawsuit will incentivize criminals to make false claims against banks and credit unions.

Reached by PYMNTS, J.P. Morgan Chase spokesperson Trish Wexler said in an emailed statement that the CFPB is overreaching its authority and making banks accountable for the actions of romance scammers and other criminals.

“It’s a stunning demonstration of regulation by enforcement, skirting the required rulemaking process,” Wexler said. “Rather than going after criminals, the CFPB is jeopardizing the value and free nature of Zelle, a trusted payments service beloved by our customers.”

Bank of America and Wells Fargo did not immediately reply to PYMNTS’ request for comment.

The CFPB’s lawsuit seeks a halt to unlawful conduct, redress for harmed consumers and a civil money penalty, according to the agency’s press release.

J.P. Morgan said in a February filing with the Securities and Exchange Commission that it was responding to government inquiries related to Zelle. Wells Fargo later made a similar disclosure.

Early Warning said in October that it was deploying user interface updates, new technology and consumer education to fight scams and fraud on the Zelle platform.

It added that reports of scams and fraud decreased by nearly 50% in 2023, despite a 28% increase in transaction volume.

The post CFPB Sues Zelle and 3 Owner Banks, Alleging Insufficient Safeguards appeared first on PYMNTS.com.