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Digital Currency Revolution

Bitcoin Rallies to $70,150 as ETF Inflows Soar Amid Rising US Election Speculation

Oct 29, 2024 02:02 am UTC| Digital Currency Technology Business

Bitcoin surged to $70,150 on Oct. 28, hitting a new milestone since June. This rally follows significant inflows into U.S.-based spot ETFs, totaling $920 million in a week. The gains come as market factors, including U.S....

Ford Targets BYD with New Mid-Size Electric Pickup Aiming to Match Chinese EV Pricing

Oct 29, 2024 01:47 am UTC| Technology Business

Fords new mid-size electric pickup, set to rival the cost of BYDs popular models, marks a bold move in the EV market. CEO Jim Farley announced the innovative model, designed by a Skunkworks team, will tackle the growing...

Boeing Considers Exiting Space, Weighs Sale of Division to Jeff Bezos' Blue Origin

Oct 29, 2024 01:26 am UTC| Technology Business

Boeing is reportedly exploring an exit from the space industry, eyeing a potential sale of its space division to Jeff Bezos Blue Origin. The sale, fueled by challenges with the Starliner program and increased regulatory...

Digital Currency Revolution

XRP Set to Break Out as Whale Transfers $51M Amid Bullish Predictions

Oct 29, 2024 01:04 am UTC| Digital Currency Technology Business

A $51 million XRP transfer between anonymous wallets hints at a potential price rally, as whale activity typically signals long-term holding intentions. Crypto analysts Egrag Crypto and Dark Defender project double-digit...

Digital Currency Revolution

Shiba Inu Could Hit All-Time High by November, Analyst Predicts 350% Surge

Oct 28, 2024 22:11 pm UTC| Digital Currency Technology Business

Shiba Inu might soar to its all-time high by November, according to crypto analyst Javon Marks. With bullish trends emerging and increased activity on the Shibarium network, a potential 350% price surge could be on the...

Three Top Tesla Insiders, Including Musk's Brother, Gear Up for $300M Stock Sal

Oct 28, 2024 21:49 pm UTC| Technology Business

Tesla is set to witness a substantial stock sell-off as three of its board membersKimball Musk, Robyn Denholm, and Kathleen Wilson-Thompsonhave arranged to sell shares totaling $300 million. The insider trading plans were...

Tesla China Extends Zero-Interest Financing for Model 3 and Model Y – Deadline Approaching Fast

Oct 28, 2024 21:35 pm UTC| Technology Business

Tesla China has extended its five-year zero-interest financing program for select Model 3 and Model Y variants, offering potential buyers a final chance to benefit from the incentive through November 30. This extension...

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Economy

IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding

The International Monetary Fund (IMF) has announced that it reached a staff-level agreement with Egypt on the fifth and sixth reviews of the countrys Extended Fund Facility (EFF), a key step that could unlock around $2.5...

RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) has revealed that its board members discussed the possibility of raising interest rates in 2026, according to the minutes from the central banks December policy meeting. The discussion...

Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

U.S. stock markets closed higher on Monday, extending recent gains as investors look to finish the year on a strong note despite thinning trading volumes in a holiday-shortened week. The SP 500 rose 0.5% by the closing...

Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs

Global financial markets started a holiday-shortened week on a positive note, with most major stock indexes posting gains as technology stocks rebounded and investor sentiment improved. Wall Street was supported by...

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

Russia has played down expectations surrounding recent discussions with the United States on the Ukraine conflict, emphasizing that the talks should not be interpreted as a major diplomatic breakthrough. Kremlin spokesman...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...