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FxWirePro- BTCUSD Daily Outlook

Jun 18, 2024 11:40 am UTC| Technicals Digital Currency

BTCUSD is trading weak on weak market sentiment.It hit a low of $64093yesterday andis currently trading around $65366 According tofairside data, BTC ETF has seen an outflow of $145.9 million, the third consecutive...

FxWirePro- ENSUSD (Chart of the day)

Jun 18, 2024 10:26 am UTC| Technicals Digital Currency

TheEthereum Name Service(ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain.ENSs job is to map human-readable names to machine-readable identifiers such as Ethereum addresses, other...

Digital Currency Revolution

Former SEC Official David Hirsch Refutes Claims of Joining Memecoin Platform Pump.fun

Jun 18, 2024 04:20 am UTC| Technology Digital Currency

David Hirsch, former chief crypto officer of the SEC, has denied reports of joining the memecoin platform Pump.fun, stating he has not announced his next role. Former SEC Official Refutes Claims of Joining Pump.fun as...

Digital Currency Revolution

Tether Unveils Alloy: A Gold-Backed Stablecoin Pegged to the US Dollar

Jun 18, 2024 03:52 am UTC| Technology Digital Currency

Tether has launched Alloy, a new gold-backed stablecoin pegged to the U.S. dollar, marking the first phase in its real-world asset tokenization platform. Tether Introduces Alloy, a Gold-Backed Stablecoin on New...

Digital Currency Revolution

Crypto Tax Evaders in Malaysia See Clampdown, Get Warning From Authorities

Jun 17, 2024 21:15 pm UTC| Technology Digital Currency

Authorities in Malaysia are reportedly increasing their scrutiny of cryptocurrency tax evaders. It has been claimed that officers from the Malaysian federal agency Inland Revenue Board (IRB) conducted raids at numerous...

Ethereum (ETH) to Hit $5,000 After Major Move, Says Top Analyst

Jun 17, 2024 21:01 pm UTC| Technology Digital Currency

In a daring prediction that has captivated the attention of the cryptocurrency world, noted analyst Jelle has predicted that Ethereum (ETH) will achieve an all-time high of $5,000 by the end of the year. This prediction...

Digital Currency Revolution

SHIB Sees Major Metric Drop as Price Dips Below Crucial $0.00002 Threshold

Jun 17, 2024 20:31 pm UTC| Technology Digital Currency

Shiba Inus burn rate has plummeted by over 62% as the SHIB price falls below the critical $0.00002 level, raising concerns among investors. Shiba Inu Burn Rate Plummets Amid Price Decline Below $0.00002 A significant...

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Economy

Global Energy Crisis: Iran Conflict Triggers Record Oil Supply Shock

The ongoing U.S.-Israeli conflict with Iran has triggered an unprecedented global energy crisis, marked by the largest daily oil supply disruption in history. The closure of the Strait of Hormuz has significantly reduced...

U.S. Freezes Dollar Transfers to Iraq, Pressures Government Over Iran-Backed Militias

The United States has reportedly halted U.S. dollar shipments to Iraq and paused key security cooperation programs as part of a broader effort to pressure Baghdad into addressing the influence of Iran-backed militias...

Asian Stocks Mixed as Tech Shares Decline While Japan’s Nikkei Hits Record High

Asian stock markets showed mixed performance on Wednesday as technology stocks weakened, reflecting overnight losses on Wall Street, while Japans benchmark Nikkei 225 reached a new record high. Investors remained cautious...

Japan Exports Surge for Seventh Month as AI Demand Offsets Middle East Trade Disruptions

Japans exports extended their growth streak for a seventh consecutive month in March, driven largely by strong global demand linked to artificial intelligence (AI) and data center expansion. According to government data,...

Oil Prices Slip Amid Iran Ceasefire Extension, Hormuz Disruptions Keep Markets Tense

Oil prices edged lower during volatile Asian trading on Wednesday as U.S. President Donald Trump announced an indefinite extension of the ceasefire with Iran. While the move raised hopes for continued peace talks, ongoing...

Politics

Syrian Asylum Rejections Rise in Europe as Minority Safety Concerns Persist

A growing number of Syrian asylum seekers are facing rejection across Europe despite ongoing security concerns, particularly among minority groups. After the fall of former President Bashar al-Assad and the end of Syrias...

Virginia Redistricting Vote Boosts Democrats Ahead of Midterm Elections

Virginia voters approved a new Democratic-backed congressional map on Tuesday, a decision that could significantly reshape the balance of power in the U.S. House of Representatives ahead of the upcoming midterm elections....

Trump Administration Files Fraud Charges Against Southern Poverty Law Center Over Informant Payments

The Trump administration has filed criminal charges against the Southern Poverty Law Center (SPLC), a prominent civil rights organization known for tracking extremist groups, accusing it of defrauding donors through its...

Global Military Talks in London Aim to Reopen Strait of Hormuz and Protect Shipping

Military planners representing more than 30 countries are gathering in London for two days of high-level discussions focused on reopening the Strait of Hormuz and strengthening maritime security in one of the worlds most...

Canada-USMCA Review 2026: No Collapse Expected Despite July 1 Deadline

Canadas top trade negotiator to the United States, Janice Charette, has signaled that the upcoming July 1 deadline for reviewing the USMCA trade agreement should not be viewed as a breaking point for North American trade...

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

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 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

Meta Expands AI Training With Employee Activity Tracking Tools

Meta is advancing its artificial intelligence strategy by introducing new internal tracking software designed to capture employee interactions on workplace systems. The initiative, known as the Model Capability Initiative...

SK Hynix to Invest $13 Billion in AI Chip Packaging Facility

South Koreas SK Hynix is accelerating its push into the artificial intelligence semiconductor market with a major new investment aimed at strengthening its global competitiveness. The company announced plans to invest...

Nvidia Pushes 800V Data Center Power Systems to Boost Efficiency and Cut Costs

NVIDIA Corporation (NASDAQ: NVDA) is reportedly exploring next-generation data center power solutions by engaging major South Korean power equipment manufacturers to develop higher-voltage infrastructure. According to The...

LG Innotek Stock Hits Record High on $68M Automotive Wi-Fi 7 Deal

LG Innotek shares surged to an all-time high on Wednesday, fueled by strong investor confidence following the companys latest automotive supply agreement with a European partner. The Seoul-listed stock (KS:011070) climbed...

Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges

Samsung Electronics Co Ltd (KS:005930) has significantly increased its monthly DRAM shipments to Tesla Inc (NASDAQ:TSLA), reflecting the growing demand for advanced memory solutions in electric vehicles and artificial...
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