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Digital Currency Revolution

Bitcoin Rockets Past $68K as Japan Unveils Massive Stimulus; Analysts Predict $73K Next

Oct 16, 2024 20:38 pm UTC| Digital Currency Technology Business

Bitcoin soared beyond $68,000 today following Japans announcement of a significant economic stimulus package. Market optimism is rising as analysts predict the rally could propel Bitcoin to $73,000, bolstered by...

Digital Currency Revolution

Thailand’s Oldest Bank Unveils 24/7 Stablecoin Transfers, Slashes Global Payment Fees

Oct 16, 2024 20:28 pm UTC| Digital Currency Technology Business

Siam Commercial Bank is partnering with Lightnet to introduce 24/7 stablecoin remittance services, drastically cutting fees for global payments. This move positions SCB at the forefront of innovation in cross-border...

Digital Currency Revolution

Italy Drops Bitcoin Tax Bombshell: Capital Gains to Soar to 42% in Shocking Budget Move

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

In a shocking budget proposal, the Italian government is set to raise the capital gains tax on Bitcoin from 26% to 42%, creating major concerns for crypto investors as the country seeks new revenue sources. Bitcoin...

U.S. Fund Urges Seven & i to Allow Due Diligence on $47 Billion Couche-Tard Offer

Oct 16, 2024 16:02 pm UTC| Business

Artisan Partners, a U.S. fund, called on Seven i Holdings to allow due diligence on Alimentation Couche-Tards $47 billion buyout offer, urging the Japanese company to expedite the process amid concerns over its...

Digital Currency Revolution

$500 Million Bitcoin Rush: ETF Inflows Explode as Price Shatters $67K Mark

Oct 16, 2024 14:04 pm UTC| Digital Currency Technology Business

Bitcoin ETFs exploded with a $500 million inflow in a single day, driving BTC past the critical $67K mark on October 15, 2024. Fidelity led the charge, securing a large share of the influx, signaling strong institutional...

Digital Currency Revolution

Donald Trump’s $7.5M Crypto Surge: Bitcoin, XRP, Ethereum Donations Flood Campaign Coffers

Oct 16, 2024 12:08 pm UTC| Digital Currency Technology Business Politics

Donald Trumps 2024 campaign surged with $7.5 million in cryptocurrency donations, thanks to Bitcoin, Ethereum, and XRP. The influx, reported in FEC filings, highlights a strategic shift as Trump garners growing support...

Digital Currency Revolution

Dogecoin Spikes 8% After Musk’s $75M Trump Donation — Can DOGE Smash Through the $1 Barrier?

Oct 16, 2024 11:32 am UTC| Digital Currency Technology Business Politics

Dogecoin surged by 8% following Elon Musks massive $75 million donation to Donald Trumps presidential campaign, reviving hopes that the cryptocurrency could soon hit $1 amid increased market activity. Musks $75 Million...

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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...