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Digital Currency Revolution

$59K Bitcoin Price May Drastically Shift as Election Year Mirrors Historical Trends

Aug 17, 2024 21:25 pm UTC| Digital Currency Technology

Bitcoins price, currently at $59,089, could drastically shift in the coming months, with election year trends suggesting potential volatility. Historical Trends Suggest Drastic Bitcoin Shift A cryptocurrency...

Digital Currency Revolution

US Marshals Likely to Sell Silk Road Bitcoin Stash, Expert Predicts

Aug 17, 2024 20:59 pm UTC| Digital Currency Technology

A US finance lawyer has indicated that the US Marshals Service is poised to sell Bitcoin seized from the Silk Road, causing ripples of speculation throughout the cryptocurrency market. US Marshals Could Sell Silk Road...

Digital Currency Revolution

Shiba Inu Integrates Burn Portal into Shibarium, Aiming for SHIB Supply Reduction

Aug 17, 2024 20:43 pm UTC| Digital Currency Technology

Shiba Inus Shibarium update has introduced a Burn Portal, offering a new way to reduce SHIB token supply, a move likely to affect the cryptocurrencys market dynamics. Shiba Inus Shibarium Adds Burn Gateway As part of...

Digital Currency Revolution

Bitcoin ETF Holdings by Advisors Increase, Hedge Fund Stakes Drop Amid Market Shifts

Aug 17, 2024 06:17 am UTC| Digital Currency Technology

Investment advisors increased their exposure to Bitcoin ETFs in the second quarter of 2024, while hedge fund stakes saw a dip, reflecting broader market trends. Bitcoin ETF Holdings Among Advisors Surge in Q2...

Digital Currency Revolution

Shiba Inu Lead Drops Cryptic Message Ahead of ShibaCon 2024, Fueling Major SHIB Speculation

Aug 16, 2024 20:14 pm UTC| Digital Currency Technology

A cryptic message from Shiba Inu lead developer Shytoshi Kusama has sparked intense speculation in the SHIB community, with fans eagerly anticipating major announcements at the upcoming ShibaCon 2024 in...

Digital Currency Revolution

Sam Altman's Worldcoin Expands to Malaysia for Digital ID Verification, Boosting National Security

Aug 16, 2024 20:02 pm UTC| Digital Currency Technology

Malaysia has taken a bold step in digital transformation by adopting Sam Altmans Worldcoin for identity verification and integrating the technology into its national digital ID system. Worldcoin to Enhance Malaysias...

Digital Currency Revolution

Dubai Court Declares Crypto Salary Legal, Ushering in a Revolutionary Shift for UAE Workers

Aug 16, 2024 19:44 pm UTC| Digital Currency Technology

A Dubai court has boldly declared that cryptocurrency can be used as a legal form of salary, setting the stage for a revolutionary shift in how workers in the UAE are paid. Dubai Court Endorses Crypto Wage...

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Economy

IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding

The International Monetary Fund (IMF) has announced that it reached a staff-level agreement with Egypt on the fifth and sixth reviews of the countrys Extended Fund Facility (EFF), a key step that could unlock around $2.5...

RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) has revealed that its board members discussed the possibility of raising interest rates in 2026, according to the minutes from the central banks December policy meeting. The discussion...

Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

U.S. stock markets closed higher on Monday, extending recent gains as investors look to finish the year on a strong note despite thinning trading volumes in a holiday-shortened week. The SP 500 rose 0.5% by the closing...

Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs

Global financial markets started a holiday-shortened week on a positive note, with most major stock indexes posting gains as technology stocks rebounded and investor sentiment improved. Wall Street was supported by...

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

Russia has played down expectations surrounding recent discussions with the United States on the Ukraine conflict, emphasizing that the talks should not be interpreted as a major diplomatic breakthrough. Kremlin spokesman...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...
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