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Strategy Goes Big: $75M Bitcoin Buy Fuels Corporate Dominance

Jun 02, 2025 12:34 pm UTC| Digital Currency Insights & Views

As part of its continuing strategy to gather the bitcoin, Strategy (once MicroStrategy) has lately purchased 705 BTC for around $75.1 million at an average price of $106,495 per bitcoin. Common stock was not used to pay...

A New Era for Tron: Monthly Transfer Volume Exceeds $121 Billion

Jun 02, 2025 12:23 pm UTC| Digital Currency Insights & Views

With a monthly transfer volume reaching $121.2 billion, Tron (TRX) set an all-time high for the network in May 2025. With a total of 490.3 billion TRX coins moved during the month, this spectacular number denotes a 34%...

South Korea's Crypto Revolution: Strict Rules, Open Doors

Jun 02, 2025 11:43 am UTC| Digital Currency Insights & Views

To strike a balance between innovation and investor protection, South Korea is overhauling its cryptocurrency rules in 2025. With a pilot project already going for charities, the Financial Services Commission (FSC)...

Gold Soars to $3358 as Trade Tensions Explode

Jun 02, 2025 11:09 am UTC| Insights & Views

Gold gained momentum as trade tension escalated. It hit an intraday high of $3358 and is currently trading around $3345. With exporting countries such as India experiencing financial losses and decreased...

Trump's Tariff Shockwave: Trade Wars Heat Up

Jun 02, 2025 10:40 am UTC| Economy Insights & Views

The doubling of steel and aluminum import tariffs to 50% by Donald Trump has caused serious worries regarding growing worldwide trade friction. Like India, nations selling steel to the United States are anticipated to...

Bitcoin 2025: Mainstream Acceptance and Political Backing Take Center Stage

Jun 02, 2025 08:33 am UTC| Digital Currency Insights & Views

Emphasizing the increasing mainstream acceptance and political backing of digital assets, notably Bitcoin and stablecoins, the Bitcoin 2025 Conference in Las Vegas featured Vice President JD Vance, who championed industry...

Trump’s Drug Price Order Faces Legal Hurdles, Limited Consumer Impact

May 31, 2025 10:36 am UTC| Politics Governance Economy Insights & Views

President Trumps May 12 executive order on drug pricing seeks to implement most-favored-nation (MFN) pricing, pressuring pharmaceutical companies to match the lowest prices charged abroad. The order instructs the Secretary...

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Economy

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves

New Zealands business confidence surged sharply in December, reaching its highest level in three decades, according to the latest ANZ Bank Business Outlook survey released on Friday. The data highlights growing optimism...

BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization

The Bank of Japan (BOJ) is widely expected to raise interest rates to a three-decade high, marking another milestone in its gradual exit from ultra-loose monetary policy. At the conclusion of its two-day meeting on Friday,...

Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement

Federal Reserve Bank of Chicago President Austan Goolsbee said Thursday that recent inflation data has been encouraging, raising the possibility of additional interest rate cuts next year if current trends continue....

Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision

Japans consumer price inflation remained largely steady in November, reinforcing expectations that the Bank of Japan (BOJ) will proceed with a long-anticipated interest rate hike as it seeks to control persistent price...

Politics

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

U.S. President Donald Trump has signed an executive order directing federal agencies to loosen regulations on marijuana, a move that could mark one of the most significant changes in U.S. cannabis policy in decades. The...

Fernando Haddad Confirms He Will Not Run for Office in 2025, Signals Possible Exit as Brazil’s Finance Minister

Brazilian Finance Minister Fernando Haddad confirmed on Thursday that he will not run for public office next year, putting an end to months of speculation surrounding his political future. Speaking at a press conference,...

Trump Administration Proposes Sweeping Limits on Gender-Affirming Care for Children

U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. has moved to significantly restrict childrens access to gender-affirming care, marking one of the most far-reaching actions yet by the Trump administration...

Trump Expands U.S. Travel Ban to Antigua and Barbuda, Dominica, Sparking Economic Fears in the Caribbean

Washingtons decision to expand U.S. travel restrictions to include Antigua and Barbuda and Dominica is raising serious concerns across the Caribbean, where access to the United States plays a vital role in tourism,...

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

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...
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