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Digital Currency Revolution

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Digital currency or digital money is an Internet-based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Like traditional money these currencies may be used to buy physical goods and services but could also be restricted to certain communities such as for example for use inside an on-line game or social network. In this series, we cover stories and provide insightful analysis of the digital currencies such as bitcoin with no central point of control over the money supply.

Digital Currency Revolution

US under Trump Series

Donald Trump Appoints Elon Musk to Lead D.O.G.E—Is Dogecoin Price Headed to $2.40?

Nov 13, 2024 06:16 am UTC| Digital Currency Technology Business Politics

President Donald Trump has appointed Elon Musk and Ramaswamy to spearhead the new Department of Government Efficiency (D.O.G.E), aiming to streamline federal agencies by 2026. Following the announcement, Dogecoin rallied...

Digital Currency Revolution

Anthony Pompliano Claims Donald Trump Owns Bitcoin, Hinting at BTC's Future as a US Reserve

Nov 12, 2024 23:04 pm UTC| Digital Currency Technology Business Politics

Anthony Pompliano, a prominent Bitcoin advocate, has revealed Donald Trumps Bitcoin ownership, suggesting it could shape U.S. economic policies. Trumps pro-Bitcoin stance may propel BTC to a strategic position within the...

Digital Currency Revolution

Shiba Inu Jumps 81% to Break Into Top 10 Cryptos, But Market Pullback Hits Fast

Nov 12, 2024 22:10 pm UTC| Digital Currency Technology Business

After a remarkable 81% climb in under two weeks, Shiba Inu (SHIB) broke into the top 10 cryptocurrencies by market cap, reaching a peak valuation of $17.4 billion. However, a quick market pullback caused SHIB to lose...

Digital Currency Revolution

XRP Price Goes 'Nutty': Top Trader Highlights 17% Surge Amid Market Rally

Nov 12, 2024 21:55 pm UTC| Digital Currency Technology Business

XRP has skyrocketed more than 17% to reach $0.70, stealing the spotlight in the crypto market. A prominent trader highlighted the nutty price movement as XRP outpaces major cryptocurrencies amid growing optimism around ETF...

Digital Currency Revolution

Italy’s Crypto Tax Cut to 28% Gains Momentum as Detroit Embraces Digital Tax Payments

Nov 12, 2024 21:34 pm UTC| Digital Currency Technology Business Politics

With Italy moving toward a 28% crypto tax cap, the government seeks to maintain competitiveness while balancing revenue. Meanwhile, Detroit announced plans to accept cryptocurrency for tax payments by 2025, marking a step...

Digital Currency Revolution

Shiba Inu's Shibarium Skyrockets to 500M Transactions—Is a SHIB Price Surge Next?

Nov 12, 2024 21:22 pm UTC| Digital Currency Technology Business

The Shibarium layer-2 solution, powered by Shiba Inu, crossed an incredible 500 million transactions, signaling robust network adoption. This milestone, however, has yet to impact SHIBs price significantly, with hopes...

Digital Currency Revolution

El Salvador’s $100 Million Bitcoin Surge Ignites National Reserves Amid Soaring Market Rally

Nov 12, 2024 21:12 pm UTC| Digital Currency Technology Business Politics

El Salvadors Bitcoin holdings saw a stunning $100 million boost in one week as the cryptocurrencys price climbed to $89,700. The soaring market cap, approaching $2 trillion, underscores Bitcoins growing influence on...

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Economy

Bank of Japan Unveils New Inflation Gauge to Support Case for Future Rate Hikes

The Bank of Japan (BOJ) introduced a new core consumer price index (CPI) on Thursday, revealing that inflation rose 2.2% in February when adjusted to exclude special institutional factors. This new measure, released...

ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge

The European Central Bank (ECB) is weighing potential interest rate hikes as escalating conflict in Iran sends energy prices soaring, triggering fresh inflationary concerns across the eurozone. Market participants are now...

WTO Reform Talks Begin in Cameroon Amid Global Trade Tensions

Trade ministers from around the world convened Thursday in Yaoundé, Cameroon, for a critical four-day summit focused on reforming the World Trade Organization. The high-stakes gathering comes at a turbulent moment...

Japan Eyes Oil Futures Intervention to Stabilize Yen Amid Middle East Crisis

Japan is exploring an unconventional strategy to halt the yens ongoing decline directly intervening in global crude oil futures markets. The proposal, first reported by Reuters, signals Tokyos growing frustration as...

Asian Currencies Stay Muted as Dollar Holds Firm Amid Iran Uncertainty

Asian currencies remained largely subdued on Thursday as the U.S. dollar maintained its strength, with investors navigating mixed signals surrounding ongoing Middle East peace efforts. The U.S. Dollar Index held steady...

Politics

Maduro Faces Rare Narcoterrorism Charges in U.S. Court

Ousted Venezuelan President Nicolás Maduro appeared in a U.S. federal court Thursday, facing serious criminal charges that include narcoterrorism a rarely prosecuted statute with a complicated legal history....

Russia-Iran Military Alliance Deepens With Drone Shipments Amid Middle East Tensions

Moscow is moving closer to completing a multi-phase transfer of lethal drones, medicine, and food supplies to Tehran, according to Western intelligence sources cited by the Financial Times. The deliveries are designed to...

Trump Seeks Quick End to U.S.-Iran Conflict Amid Ongoing Middle East Tensions

President Donald Trump has privately told close advisers that he wants to avoid a drawn-out war with Iran and is pushing for a swift resolution to the ongoing conflict, according to a Wall Street Journal report published...

Iran-U.S. Negotiations: Tehran Reviews American Peace Proposal Amid Ongoing Gulf Conflict

Irans foreign minister confirmed Wednesday that Tehran is examining a United States peace proposal aimed at ending the escalating Gulf war, though officials stressed this falls short of direct negotiations between the two...

FEMA Reinstates $1 Billion Disaster Prevention Grant Program After Court Order

The Federal Emergency Management Agency has announced the resumption of a key disaster prevention initiative after facing legal challenges that forced the reversal of its earlier cancellation. The agency is once again...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...

Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco

Shares of Taiwan-based memory chip manufacturer Nanya Technology soared to their daily limit of 10% on Thursday morning following the companys announcement of a major $2.5 billion private placement deal backed by prominent...

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion

South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push

Meta Platforms made a significant move this week by granting restricted stock units and stock options to several of its most senior leaders, including Chief Financial Officer Susan Li and Chief Technology Officer Andrew...