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Digital Currency Revolution

Germany to Buy $19B in Bitcoin Reserves After Stunning 50K BTC Sell-Off

Oct 18, 2024 19:17 pm UTC| Digital Currency Technology Business

Germany is gearing up for a major Bitcoin purchase, aiming to build a $19 billion reserve of 281,267 BTC. This comes on the heels of a surprising 50,000 BTC sell-off that rattled the market earlier this year. Germany...

Digital Currency Revolution

Ripple Whales Dump 48M XRP as SEC Appeal Roils Market, Selloff Fears Soar

Oct 18, 2024 19:04 pm UTC| Digital Currency Technology Business

Ripple whales dumped a staggering 48 million XRP into the market as the SEC appeal in the ongoing lawsuit intensifies. Investor anxiety surged, leading to a 2% price drop in XRP, with fears of more selloffs ahead as...

Digital Currency Revolution

Shiba Inu Whale Yanks 105 Billion SHIB from Coinbase—Is a $2 Million Gamble Underway?

Oct 18, 2024 18:51 pm UTC| Digital Currency Technology Business

A mysterious whale has withdrawn 105 billion Shiba Inu (SHIB) tokens worth $1.99 million from Coinbase, leaving analysts and traders speculating on the purpose behind this bold move. The transaction comes amid volatile...

Apple’s Secret Alliance With BYD: Years-Long EV Battery Development Exposed

Oct 18, 2024 18:30 pm UTC| Technology Business

A hidden partnership between Apple and Chinese automaker BYD has come to light, revealing a years-long effort to co-develop long-range EV battery technology. The breakthrough batteries now power BYDs electric vehicles,...

Tesla Launches Wireless Charging: Cybertruck and Robotaxi Shed the Plug

Oct 18, 2024 18:12 pm UTC| Technology Business

In a bold move toward autonomous electric vehicles, Tesla has introduced a wireless charging solution for its Cybertruck and Robotaxi. Debuted at the Robotaxi unveiling, this technology eliminates charging ports,...

BYD Shark 6's Australia Debut Falls Flat on Towing and Payload — Will Aussies Bite?

Oct 18, 2024 17:42 pm UTC| Technology Business

The BYD Shark 6 falls short on towing and payload standards in Australia, but the Chinese automaker is banking on competitive pricing and the vehicles other features to capture the attention of Aussie motorists. BYD...

Nintendo Switch 2 Leak Suggests Easy Emulation: Same ROM Format as Original!

Oct 18, 2024 11:51 am UTC| Technology Business

Nintendos upcoming Switch 2 may face emulation challenges akin to its predecessor, as new leaks indicate it will utilize the same ROM format and tools, potentially making its games easy targets for emulators. Switch 2...

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Economy

New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes

New Zealand has released updated financial forecasts showing the government is unlikely to return to a budget surplus over the next five years, as weak economic conditions continue to outweigh strict fiscal discipline. The...

Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth

Japans manufacturing sector showed fresh signs of stabilization in December, moving closer to expansion territory, according to the latest purchasing managers index (PMI) data released by SP Global. While the sector...

U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions

The U.S. dollar weakened to near a two-month low during early Asian trading on Tuesday, as investors adopted a cautious stance ahead of several high-impact economic releases, most notably the delayed U.S. employment...

Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets

Most Asian stock markets declined on Tuesday, extending recent losses as the technology sector continued to struggle under concerns about stretched artificial intelligence valuations. Investor sentiment remained fragile...

Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets

Oil prices edged lower during Asian trading on Tuesday as investors remained focused on expectations of a global oil supply glut in 2026, while closely monitoring developments in Russia-Ukraine ceasefire negotiations. The...

Politics

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia

Israels ambassador to Australia has urged the federal government to strengthen protections for Jewish communities following a deadly mass shooting at a Hanukkah festival near Sydneys Bondi Beach. The attack, which occurred...

European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage

European leaders, including Ukrainian President Volodymyr Zelenskiy, are gathering in The Hague to launch a new International Claims Commission aimed at compensating Ukraine for hundreds of billions of dollars in damage...

U.S. and Mexico Reach New Agreement to Tackle Tijuana River Sewage Crisis

The United States and Mexico have signed a new bilateral agreement aimed at addressing the long-standing Tijuana River sewage crisis, according to a statement released Monday by the U.S. Environmental Protection Agency...

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...