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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

Trump Secures Presidency as 215 Pro-Crypto Lawmakers Enter House, New Senate Majority Favors Digital Assets

Nov 06, 2024 10:13 am UTC| Digital Currency Technology Business Politics

Donald Trumps win in the 2024 U.S. presidential race, alongside 215 pro-crypto House and 14 Senate seats, has cemented a strong pro-digital assets majority. Crypto advocates view this wave as a mandate for clear U.S....

Digital Currency Revolution

Dogecoin, POPCAT Lead Analyst’s Election Hedge Picks — What’s Behind the Strategy?

Nov 06, 2024 00:10 am UTC| Digital Currency Technology Business Politics

Ahead of the election, financial analyst Ran Neuner outlines a hedge strategy focused on Dogecoin and POPCAT. Neuners approach signals confidence in memecoins resilience and potential as smart picks for navigating...

Digital Currency Revolution

$814M in XRP Transfers Spark Whale Accumulation Rumors as Market Awaits SEC Update

Nov 05, 2024 23:51 pm UTC| Digital Currency Technology Business

In a series of three large transactions, whales transferred over 1.6 billion XRPvalued at $814 millionto unknown wallets. These moves, signaling potential accumulation by high-net-worth investors, coincide with growing...

Digital Currency Revolution

Bitcoin May Never Break Below $60K Again, Economist Claims; Post-Election Rally in Focus

Nov 05, 2024 23:37 pm UTC| Digital Currency Technology Business Politics

Economist Alex Krger posits that Bitcoin may never drop below $60,000, with market anticipation building around a post-election rally. Analysts predict that this political momentum could push Bitcoins value higher by 2024,...

Digital Currency Revolution

Shiba Inu Eyes Golden Cross Surge as Bulls Power Up 40% Trading Volume Spike

Nov 05, 2024 23:24 pm UTC| Digital Currency Technology Business

Shiba Inu (SHIB) is charging ahead with a 40% rise in trading volume, signaling revived bullish momentum as it nears a golden cross formation. This potential technical breakout could spark further gains, with SHIBs price...

Digital Currency Revolution

$2.2B in Bitcoin Leaves Mt. Gox Wallets, Potentially Increasing Sell Pressure on BTC Market

Nov 05, 2024 13:41 pm UTC| Digital Currency Technology Business

With $2.2 billion in Bitcoin now transferred out, Mt. Gox may be closer to repaying long-awaiting creditors, sparking concerns about possible selling pressure on Bitcoins price. Part of the funds has been routed to...

Digital Currency Revolution

Shiba Inu’s Shytoshi Kusama Unveils S.H.I.B. Plan, Courting Musk and Trump for a Crypto-Powered US

Nov 05, 2024 13:26 pm UTC| Digital Currency Technology Business Politics

Shytoshi Kusama, Shiba Inus lead, has introduced the S.H.I.B. initiativea high-stakes proposal to transform the U.S. into a global blockchain leader. With Musk and Trump in the spotlight, this $2.35 billion plan could...

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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...