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Digital Currency Revolution

Italy’s Crypto Tax Cut to 28% Gains Momentum as Detroit Embraces Digital Tax Payments

Nov 12, 2024 21:34 pm UTC| Digital Currency Technology Business Politics

With Italy moving toward a 28% crypto tax cap, the government seeks to maintain competitiveness while balancing revenue. Meanwhile, Detroit announced plans to accept cryptocurrency for tax payments by 2025, marking a step...

Digital Currency Revolution

Shiba Inu's Shibarium Skyrockets to 500M Transactions—Is a SHIB Price Surge Next?

Nov 12, 2024 21:22 pm UTC| Digital Currency Technology Business

The Shibarium layer-2 solution, powered by Shiba Inu, crossed an incredible 500 million transactions, signaling robust network adoption. This milestone, however, has yet to impact SHIBs price significantly, with hopes...

Digital Currency Revolution

El Salvador’s $100 Million Bitcoin Surge Ignites National Reserves Amid Soaring Market Rally

Nov 12, 2024 21:12 pm UTC| Digital Currency Technology Business Politics

El Salvadors Bitcoin holdings saw a stunning $100 million boost in one week as the cryptocurrencys price climbed to $89,700. The soaring market cap, approaching $2 trillion, underscores Bitcoins growing influence on...

Bitcoin Soars Near $90K as Trump's Election Sparks Crypto Rally and Investor Optimism

Nov 12, 2024 16:28 pm UTC| Digital Currency Technology

Bitcoin surged to nearly $90,000 following Donald Trumps election, with investors anticipating a crypto-friendly administration. The rally, fueled by hopes for a national bitcoin stockpile and Trumps pro-crypto stance,...

Digital Currency Revolution

Tesla’s Bitcoin Holdings Surpass $1 Billion Again as Bull Market Reignites Investor FOMO

Nov 12, 2024 14:51 pm UTC| Digital Currency Technology Business

Teslas strategic bet on Bitcoin has hit a major milestone, with its holdings once again exceeding $1 billion, Arkham Intelligence reports. This valuation spike aligns with a resurgent crypto bull market, placing Tesla...

Digital Currency Revolution

Record Ethereum ETF Inflows Surge $500M in Days as ETH Price Soars Toward Key $4K Target

Nov 12, 2024 14:19 pm UTC| Digital Currency Technology Business

Ethereum spot ETFs have hit a new record with $295 million in inflows on November 11, pushing the four-day total beyond $500 million. Fidelity and BlackRock ETFs led the way, capitalizing on a post-election price surge...

Digital Currency Revolution

Shiba Inu’s Explosive Bull Run Nets Whale Millions, Eyes All-Time High in Sights

Nov 12, 2024 13:28 pm UTC| Digital Currency Technology Business

As Shiba Inus price soared, one whale sold 100 billion SHIB, netting $2.85 million. The same whale still holds 2.5 trillion SHIB, a sign of ongoing confidence amid SHIBs 16% daily rally and anticipation of a fresh all-time...

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Economy

Indonesia Fiscal Deficit Outlook: Fitch Signals Flexibility Amid Middle East War Risks

Indonesia may have limited room to exceed its legal fiscal deficit ceiling of 3% of GDP without facing an immediate credit rating downgrade, according to Fitch Ratings. The agency suggests that any breach would need to be...

Japan Inflation Rises in March Amid Energy Price Surge and Middle East Tensions

Japans consumer price index (CPI) inflation increased more than expected in March, driven largely by rising energy costs linked to geopolitical tensions in the Middle East. The latest government data shows that headline...

Asian Markets Mixed as Oil Prices Rise Amid Middle East Tensions and Ceasefire Uncertainty

Asian stock markets showed a mixed performance on Friday as rising oil prices and ongoing geopolitical tensions in the Middle East weighed on investor sentiment. A fragile ceasefire and stalled U.S.-Iran negotiations...

U.S. Stock Futures Edge Higher as Ceasefire Extension and Intel Earnings Lift Sentiment

U.S. stock index futures moved slightly higher বৃহস্পতিবার evening following a weaker session on Wall Street, as investors responded to geopolitical developments and strong corporate earnings. SP 500 Futures climbed 0.2%...

Oil Prices Surge Amid Escalating U.S.-Iran Conflict and Strait of Hormuz Tensions

Oil prices climbed during Asian trading on Friday, driven by growing concerns over a prolonged U.S.-Iran conflict and ongoing disruptions in the Strait of Hormuz. Market sentiment remains tense after U.S. President Donald...

Politics

Judge Orders Release of Family After Longest ICE Detention Under Trump Administration

A woman and her five children were released from U.S. immigration detention after more than 10 months, marking the longest known family detention during President Donald Trumps administration. The release came Thursday...

US and EU Strengthen Critical Minerals Partnership to Reduce China Dependence

The United States and the European Union are set to sign a memorandum of understanding (MoU) aimed at strengthening cooperation on critical minerals, marking a strategic move to secure global supply chains and reduce...

U.S. Army Soldier Charged in $400K Insider Betting Scheme on Maduro Capture

A U.S. Army Special Forces soldier has been charged by the Justice Department for allegedly using classified information to profit from bets on the capture of Venezuelan leader Nicolas Maduro. According to federal...

Trump Administration Launches Civil Rights Probe into NYC Education Department Over Pro-Palestinian Educators

The Trump administration has initiated a civil rights investigation into the New York City Department of Education (NYCDOE), focusing on alleged discrimination linked to a pro-Palestinian educators group. The U.S....

Lebanon-Israel Ceasefire Extended as U.S. Pushes for Peace Talks

The Lebanon-Israel ceasefire has been extended for three more weeks following high-level negotiations hosted by U.S. President Donald Trump at the White House. The meeting brought together Israels ambassador to Washington,...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast

Intel Corp delivered a bullish outlook for the second quarter of 2026, signaling a strong turnaround fueled by rising demand for AI data center chips. The company projected earnings per share (EPS) of $0.20, significantly...

Microsoft Commits $18 Billion to Expand AI and Cloud Infrastructure in Australia

Microsoft (NASDAQ: MSFT) has unveiled a major investment plan worth A$25 billion (approximately $18 billion) in Australia, signaling a significant push to strengthen its artificial intelligence (AI) and cloud computing...

Elon Musk Signals Intel 14A Chips for Tesla’s Terafab AI Semiconductor Venture

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk revealed new details about the companys ambitious semiconductor plans, confirming that the Terafab joint venture intends to leverage Intels advanced 14A chip manufacturing process....

Tesla Earnings Beat Expectations as EV Growth Holds Amid Robotics and AI Shift

Tesla reported stronger-than-expected first-quarter 2026 earnings, driven largely by resilience in its core electric vehicle business, even as the company continues shifting focus toward artificial intelligence, robotics,...

SK Hynix Reports Record Q1 Profit Surge Driven by AI Memory Chip Demand

SK Hynix Inc. (KS:000660) delivered a standout performance in the first quarter, reporting a dramatic surge in operating profit that exceeded market expectations. The South Korean semiconductor giant benefited...