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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

Arthur Hayes Drives Solana Meme Coin Rally, FlowerAI’s Market Cap Jumps $8M After Social Media Post

Nov 23, 2024 11:43 am UTC| Digital Currency Technology Business

FlowerAI surged over 35% after Arthur Hayes post, bringing its market cap to $30 million. The promotion highlights the continued dominance of Solanas meme coin ecosystem, which is outperforming Ethereum in decentralized...

Digital Currency Revolution

XRP Soars as Trump’s Pro-Crypto Treasury Pick Gains Ripple CEO’s Approval

Nov 23, 2024 09:56 am UTC| Digital Currency Technology Business Politics

Ripple CEO Brad Garlinghouse celebrated President-elect Donald Trumps nomination of Scott Bessent as Treasury Secretary, dubbing him a perfect pick. The pro-crypto stance ignited a surge in XRP prices, which soared over...

Digital Currency Revolution

Cardano Hits $1.06 Milestone as Experts Eye $6 and Beyond in Bullish Breakout

Nov 23, 2024 08:52 am UTC| Digital Currency Technology Business

Cardano surged past $1.06 for the first time since 2022, driven by whale accumulation and tripling market cap. Analysts are optimistic, pointing to potential price targets of $6 and beyond. Whales Drive ADAs Surge to...

Digital Currency Revolution

Dogecoin is a joke − so what’s behind its rally?

Nov 23, 2024 04:18 am UTC| Insights & Views Digital Currency

Rockets arent the only thing Elon Musk is sending into the stratosphere. After a three-year plummet, Dogecoin is blasting off again, jumping 250% since the election of Donald Trump part of a broader wave of optimism in...

Digital Currency Revolution

Crypto Rules Shakeup: Trump-Tied SEC Candidate Hints at Clearer Path After Gensler’s Sudden Exit

Nov 22, 2024 23:09 pm UTC| Digital Currency Technology Business Politics

Republican SEC Commissioner Mark Uyeda is positioning himself as a crypto advocate amid discussions of regulatory clarity. Speculation is mounting that President-elect Donald Trump may nominate Uyeda to replace Gary...

Digital Currency Revolution

$18 XRP Prediction Gains Traction as Wave 3 Builds Toward $5 Surge Before 2024

Nov 22, 2024 22:41 pm UTC| Digital Currency Technology Business

XRP is poised for a major surge, with analysts forecasting a jump to $18 by mid-2025. Elliot Wave projections show a $5 rally before year-end, fueled by bullish market sentiment and strong momentum. XRP Rally to $18:...

Digital Currency Revolution

Shiba Inu in Trouble? 33 Trillion SHIB Could Fall If $0.000022 Support Breaks

Nov 22, 2024 20:04 pm UTC| Digital Currency Technology Business

Shiba Inu is on the brink of a decisive move as it consolidates within a triangle pattern. The critical $0.000022 support, tied to 33 trillion SHIB, is weakening. Resistance at $0.000025 and shifting market sentiment add...

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Economy

Wall Street Mixed as Retail Sales Stall and Investors Await Key Jobs Report

U.S. stocks finished mixed on Tuesday as investors reacted to weaker-than-expected retail sales data and positioned cautiously ahead of a highly anticipated labor market report. The Dow Jones Industrial Average edged...

China Signals Strategic Rare Earth Push Amid Rising U.S. Competition

China has sent a fresh signal about the growing strategic importance of rare earth minerals as Premier Li Qiang, the countrys second-ranking official, inspected rare earth facilities in Jiangxi province this week,...

India–US Trade Deal: Digital Tax Removal and $500 Billion Purchase Commitment Signal Major Policy Shift

India has agreed to remove its digital services tax and committed to purchasing more than $500 billion worth of American goods under a recent trade agreement with the United States, according to a White House fact sheet...

Asian Currencies Edge Higher as Dollar Retreats Ahead of Key U.S. Data

Most Asian currencies strengthened on Tuesday, tracking an overnight pullback in the U.S. dollar as its recent rebound lost momentum ahead of a busy week of key American economic data. While regional foreign exchange...

Japan Weighs Using Foreign Exchange Reserve Surplus to Fund Food Tax Cuts

Japans government is considering whether surplus funds from its massive foreign exchange reserves could be used to help finance planned cuts to the food sales tax, according to comments made Tuesday by Japanese Minister of...

Politics

U.S. to Deploy 200 Troops to Nigeria to Train Military Against Islamist Militants

The United States is preparing to deploy approximately 200 troops to Nigeria to help train the countrys military in its fight against Islamist militant groups, according to a U.S. official. The deployment comes weeks after...

Tulsi Gabbard Winds Down Controversial Intelligence Task Force Amid Political Scrutiny

U.S. Director of National Intelligence Tulsi Gabbard has confirmed that she has wound down the Directors Initiatives Group (DIG), a task force she launched last year to combat what she described as politicization within...

Zelenskiy Orders Overhaul of Ukraine’s Air Defence as Russian Attacks Intensify

Ukrainian President Volodymyr Zelenskiy has convened senior military and government officials to address critical weaknesses in Ukraines air defence systems and civilian protection nearly four years into Russias full-scale...

Trump Signals Possible U.S.–Iran Nuclear Deal Amid Rising Tensions

U.S. President Donald Trump said on Tuesday that he believes Iran is interested in reaching a deal with the United States over its nuclear ambitions and ballistic missile program, signaling a potential opening for renewed...

Pride Flag Removed From Stonewall National Monument Sparks Backlash and Protest Plans

The removal of a large rainbow Pride flag from the Stonewall National Monument in New York City has ignited controversy, criticism, and renewed debate over LGBTQ rights in the United States. The flag, which flew above the...

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

Cloudflare Forecasts Strong Revenue Growth as AI Fuels Cloud Services Demand

Cloudflare has projected annual and first-quarter revenue above Wall Street expectations, signaling strong confidence in the growing demand for cloud services driven by rapid advancements in artificial intelligence. The...

Minnesota Governor Says Trump Immigration Crackdown Could End Soon

Minnesota Governor Tim Walz said Tuesday that the federal immigration crackdown ordered by President Donald Trumps administration in Minnesota could end within days, following direct conversations with senior White House...

xAI Co-Founder Jimmy Ba Departs as Elon Musk’s AI Startup Faces Turbulence

Jimmy Ba, a co-founder of xAI, announced on Tuesday evening that he is leaving the artificial intelligence startup, becoming the sixth founding member to exit the company in recent months. Ba shared the news in a post on...

Samsung Electronics Sees Sustained AI-Driven Demand for Memory Chips Into Next Year

Samsung Electronics expects strong demand for memory chips to remain robust throughout this year and extend into next year, driven largely by the rapid expansion of artificial intelligence technologies, according to a...

AST SpaceMobile Joins MSCI ACWI Index as Largest New Addition, Boosting Market Visibility

MSCI Inc. announced on Tuesday that satellite communications company AST SpaceMobile Inc. (NASDAQ: ASTS) has been added to its widely tracked MSCI All Country World Index (MSCI ACWI), marking a significant milestone for...