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Digital Currency Revolution

XRP ETF 'Inevitable,' Says Ripple's Monica Long, Citing Institutional Investment Surge

Jun 05, 2024 22:40 pm UTC| Digital Currency Technology

Ripple President Monica Long foresees an XRP exchange-traded funds (ETFs) as inevitable, pointing to the significant trading volume and market cap of XRP as key drivers of institutional interest in the crypto market. An...

Digital Currency Revolution

Bitcoin Price at $72K Could Trigger New ATH with $1.5B Liquidations, Analyst Says

Jun 05, 2024 14:24 pm UTC| Technology Digital Currency

If Bitcoins price were to rise over $72,000, it would liquidate leveraged short positions totaling $800 million, making it a critical barrier level for Bitcoin. If the price of Bitcoin were to reach $72,000, it would...

Shiba Inu Coin Jumps 10% After Whale Bags 715B SHIB Tokens

Jun 05, 2024 14:14 pm UTC| Technology Digital Currency

Shiba Inu Coin has attracted the attention of investors, as evidenced by the SHIB prices roughly 10% increase today, which occurred amid substantial whale buildup. Furthermore, a recent revelation revealed that an...

$320M Raised by Japanese Crypto Exchange DMM Bitcoin to Compensate Users Post-Hack

Jun 05, 2024 14:04 pm UTC| Technology Digital Currency

The DMM Bitcoin project intends to raise equal cash to compensate customers for a loss of $320 million caused by a major attack. DMM Bitcoin, a cryptocurrency exchange in Japan that was recently hacked and stolen...

Huawei Prioritizes 7nm Chip Improvements Over 5nm Advancements Amid Trade Sanctions

Jun 05, 2024 07:36 am UTC| Technology

Huawei Executive Zhang Pingan announced that the company is prioritizing improvements in 7nm chip yields and addressing related issues before shifting focus to 5nm and beyond, due to ongoing trade sanctions and reliance on...

Volatility Shares Launches 2X Ether ETF, Raising Hopes for Ethereum Price Increase

Jun 05, 2024 04:09 am UTC| Technology Digital Currency

Volatility Shares has launched its 2X Ether ETF, providing investors with leveraged exposure to Ethereums price movements. This new product follows the recent SEC approval of eight spot Ethereum ETFs, enhancing investment...

Digital Currency Revolution

Ripple CEO Predicts XRP ETFs by 2025 Amid Regulatory Advances and Market Optimism

Jun 05, 2024 03:30 am UTC| Technology Digital Currency

Ripple CEO Brad Garlinghouse forecasts the approval of XRP ETFs by 2025, citing recent regulatory progress and growing market optimism in an interview with Fox Business. Ripple CEO Brad Garlinghouse Predicts XRP ETFs by...

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Economy

Ukraine Sanctions Chief Heads to Washington to Push Russia Bill

Ukraines top sanctions official will visit Washington this week to press U.S. lawmakers to approve sweeping new Russia sanctions legislation that has already cleared the Senate but faces resistance in the House of...

Canada Backs €100 Billion Global Defence Bank

Canadian Prime Minister Mark Carney is backing a proposed global defence bank designed to help allied nations finance military expansion, although several major economies have yet to join ahead of a planned charter signing...

Brazil, US Resume Tariff Talks as Trade Tensions Persist

Brazilian and U.S. officials resumed discussions over trade tariffs on Monday, agreeing to continue negotiations in the coming weeks as both countries seek to address tensions stemming from duties imposed by the Trump...

Dollar Holds Near Two-Week High as Fed Rate Hike Bets Rise

The U.S. dollar held close to a two-week high on Monday as investors increased bets on a Federal Reserve interest rate hike following hawkish comments from Chair Kevin Warsh, while renewed tensions in the Gulf boosted...

Asian Currencies Mixed as Yen Nears 160, Oil Surges

Asian currencies traded mixed on Monday as the Japanese yen remained close to the critical 160-per-dollar level, while escalating U.S.-Iran tensions pushed oil prices higher and fueled risk aversion across financial...

Politics

Trump Says ExxonMobil Among Oil Majors Planning Venezuela Return

U.S. President Donald Trump said Monday that ExxonMobil is among several major energy companies preparing to pursue business opportunities in Venezuela as Washington pushes to revive the countrys oil industry. The...

Augusto Cury Surges in Brazil Presidential Polls

Brazilian psychiatrist and best-selling author Augusto Cury has emerged as an unexpected contender in the countrys 2026 presidential election, gaining sharply in opinion polls and challenging a race largely dominated by...

Trump Reviews U.S. Position on Falkland Islands

U.S. President Donald Trump said his administration is reviewing Washingtons position on the Falkland Islands, potentially putting renewed attention on the long-running sovereignty dispute between Britain and Argentina...

Zelenskiy, Trump Envoys Discuss Ukraine Peace Push

Ukrainian President Volodymyr Zelenskiy said Monday that he held a detailed and constructive discussion with U.S. President Donald Trumps envoys, Steve Witkoff and Jared Kushner, as Washington continues efforts to advance...

Top US General Says No Troops Planned at Polling Places

The U.S. military has no plans to deploy federal troops or National Guard personnel to polling locations during the November 2026 midterm elections, according to General Dan Caine, chairman of the Joint Chiefs of Staff....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Apple’s Phil Schiller Steps Back as Leadership Shake-Up Accelerates

Apple veteran Phil Schiller has stepped away from overseeing the App Store and the companys high-profile product launch events, marking another major leadership change as the iPhone maker prepares for a new era under...

SpaceX Mobile Network Could Cost Up to $130 Billion, Bernstein Says

SpaceX (NASDAQ: SPCX) could spend between $50 billion and $130 billion, including spectrum costs, to develop a standalone terrestrial network supporting its direct-to-device mobile service, according to Bernstein analysts....

Faraday Future Delivers First Robots in Middle East, Plans September Launches

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) has completed its first robotics sale and delivery in the Middle East, marking an early milestone in the electric vehicle and AI technology companys regional...

Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns

Pinterest Inc. (NYSE: PINS) shares fell sharply in after-hours trading on Friday after the social media company announced the resignation of Chief Financial Officer Julia Brau Donnelly, prompting investor attention on the...

PayPal Shares Sink as $50 Billion Takeover Bid Collapses

PayPal Holdings (NASDAQ: PYPL) shares plunged in extended trading after a consortium led by private equity firm Advent International and payments giant Stripe reportedly ended its pursuit of the digital payments company....