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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

Bitcoin Breaks $85K Barrier; Analysts Predict Path to $1 Million by 2033

Nov 11, 2024 18:24 pm UTC| Digital Currency Technology Business

Bitcoin has shattered previous records by reaching $85,000, boosting its market cap to $1.7 trillion. Analysts project the cryptocurrency could climb to $1 million by 2033, driven by institutional adoption and its role as...

Digital Currency Revolution

Shiba Inu’s Shytoshi Kusama Announces Future Plans, Echoes Ryoshi, Battles SHIB Doubts

Nov 11, 2024 14:19 pm UTC| Digital Currency Technology Business

Shiba Inu leader Shytoshi Kusama announced bold plans for SHIBs future, inspired by the vision of founder Ryoshi. Through a series of impactful tweets, Kusama tackled community doubts and encouraged supporters to help...

Digital Currency Revolution

Binance and Changpeng Zhao Face $1.8B FTX Lawsuit Over Fraud Claims and Collapse Scandal

Nov 11, 2024 12:27 pm UTC| Digital Currency Technology Business

FTX has taken Binance and its founder Changpeng Zhao to court, filing a $1.8 billion lawsuit over allegations of fraudulent transfers linked to a 2021 share deal. The filing also claims Zhaos statements pushed FTX into a...

Digital Currency Revolution

Shiba Inu Burn Rate Surges Over 1,000%, 463M SHIB Burnt as Bullish Signals Emerge for 300% Gain

Nov 11, 2024 11:27 am UTC| Digital Currency Technology Business

Shiba Inus burn rate skyrocketed by 1,028.67% on November 11, wiping out 463 million SHIB tokens in a single day. This reduction in supply has sparked optimism among investors as SHIBs price rises 9% intraday, with bullish...

Digital Currency Revolution

Bitcoin Surges to $81K, Crushes $180M in Shorts as Trump Win Stirs Market Chaos

Nov 11, 2024 09:39 am UTC| Digital Currency Technology Business Politics

Bitcoins surge to a historic high of $81,358 has sent short traders scrambling, with $180 million in bets liquidated in hours. The powerful rally, spurred by the recent U.S. election results, has reawakened the crypto...

Digital Currency Revolution

US under Trump Series

Bitcoin Becomes ‘Political Imperative’—NYDIG Warns Non-Holders Face Growing ‘Liability’

Nov 11, 2024 07:24 am UTC| Digital Currency Technology Business Politics

Bitcoins role is no longer confined to finance alone, as the New York Digital Investment Group cautions it has become a political imperative following key GOP victories. As crypto-supportive Republicans take office, NYDIG...

Digital Currency Revolution

Shiba Inu's 20% Rally Dominates XRP's 4% Growth, Surpassing Key Resistance Levels

Nov 11, 2024 06:28 am UTC| Digital Currency Technology Business

Shiba Inu surged with a 20% rally, sharply outpacing XRPs modest 4% rise, highlighting SHIBs current bullish momentum. Breaking critical resistance at $0.000021, Shiba Inus recent spike signals potential for further gains...

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Economy

Russia Stocks End Flat as MOEX Closes Unchanged Amid Mixed Global Signals

Russian stocks finished Saturdays trading session slightly lower overall, with the benchmark MOEX Russia Index closing unchanged at 0.00% in Moscow. Market sentiment remained cautious as investors weighed mixed...

China Factory Activity Slips in January as Weak Demand Weighs on Growth Outlook

Chinas factory activity contracted at the start of the year, highlighting persistent pressure from weak domestic demand despite continued policy support from Beijing. An official survey released on Saturday showed that...

U.S. Government Faces Brief Shutdown as Congress Delays Funding Deal

The United States government was on track for a partial shutdown early Saturday after Congress failed to finalize a funding agreement before the midnight deadline. Although the U.S. Senate ultimately passed a bipartisan...

Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair

Gold and silver prices suffered a dramatic selloff on Friday after President Donald Trump nominated former Federal Reserve Governor Kevin Warsh to replace Jerome Powell as Fed chair, easing fears about the central banks...

Wall Street Slides as Warsh Fed Nomination, Hot Inflation, and Precious Metals Rout Shake Markets

Wall Street ended Friday on a weaker note as risk-off sentiment dominated trading, driven by hotter-than-expected U.S. inflation data, a dramatic sell-off in precious metals, and major political developments surrounding...

Politics

Keir Starmer Urges Prince Andrew to Testify in U.S. Epstein Investigation

British Prime Minister Keir Starmer has called for former Prince Andrew to testify before a U.S. congressional committee following new revelations about his long-standing links to disgraced financier and convicted sex...

U.S. Government Enters Brief Shutdown as Congress Delays Funding Deal

The U.S. government entered a partial shutdown early Saturday after Congress failed to finalize a funding agreement before a midnight deadline, temporarily halting a range of federal operations. The shutdown officially...

Zelenskiy Awaits U.S. Details as Ukraine Prepares for Possible Peace Talks Next Week

Ukrainian President Volodymyr Zelenskiy said on Saturday that Ukraine is awaiting further information from the United States regarding upcoming peace talks, signaling that new diplomatic meetings could take place as early...

Minnesota Judge Rejects Bid to Halt Trump Immigration Enforcement in Minneapolis

A federal judge in Minnesota has declined to order an immediate halt to President Donald Trumps expanded immigration enforcement operation in Minneapolis, dealing a setback to state and local officials who accuse federal...

Venezuela Proposes Amnesty Law and Plans to Transform Helicoide Prison

Venezuelas interim president Delcy Rodríguez announced on Friday a proposed amnesty law aimed at releasing hundreds of prisoners and easing political tensions in the country. Speaking at an event held at the Supreme...

Science

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...

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...

Technology

Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate

Speculation around a potential Musk Inc has resurfaced as Elon Musks companiesSpaceX, Tesla, and xAIexplore closer ties amid rapid advances in artificial intelligence and automation. With SpaceX expected to go public later...

SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz

SpaceX delivered a strong financial performance last year, generating an estimated $8 billion in profit on revenues between $15 billion and $16 billion, according to people familiar with the companys results. The figures,...

SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom

SpaceX has revised its Starlink privacy policy to allow customer data to be used for artificial intelligence training, a move that could significantly support Elon Musks broader AI ambitions. The policy change comes as...

Nvidia’s $100 Billion OpenAI Investment Faces Internal Doubts, Report Says

Nvidias ambitious plan to invest up to $100 billion in OpenAI, aimed at supporting the training and operation of next-generation artificial intelligence models, has reportedly hit a roadblock. According to a report...

Federal Judge Signals Possible Dismissal of xAI Lawsuit Against OpenAI

A U.S. federal judge has signaled she may dismiss a high-profile lawsuit filed by Elon Musks artificial intelligence startup, xAI, against rival OpenAI, dealing a potential setback to Musk in an escalating legal battle...