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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...

Digital Currency Revolution

New South Korean Law Mandates Regular Token Reviews by Crypto Exchanges

Jun 17, 2024 20:11 pm UTC| Technology Digital Currency

Starting July 19, a new South Korean law mandates that crypto exchanges conduct regular reviews of token listings, aiming to enhance user protection. South Koreas FSC Enforces New Law, Mandating Biannual Reviews for...

FxWirePro- Ethereum Daily Outlook

Jun 17, 2024 12:52 pm UTC| Technicals Digital Currency

ETHUSD trades weak following in the footsteps of BTC. Ithit ahigh of $3651 yesterday and is currently trading around $3523. SEC Chairman Gensler confirmed that the ETH ETF would be approved by this summer. The intraday...

FxWirePro- BTCUSD Daily Outlook

Jun 17, 2024 12:36 pm UTC| Technicals Digital Currency

BTCUSD is trading weak on diminishing rate-cut hopes. It hit a low of $66983 yesterday andis currently trading around $67691. According to data from crypto intelligence tracker Glassnode shows that active addresses...

FxWirePro- TONUSD (chart of the day)

Jun 17, 2024 11:45 am UTC| Technicals Digital Currency

A decentralized and open internet, created by the community using a technology designed by Telegram. It is made up of three components TON blockchain - It is a collection of 2 blockchains that can process millions.TON...

Ethereum’s Pectra Upgrade: Report Identifies Key Risks for 2025 Launch

Jun 17, 2024 04:51 am UTC| Technology Digital Currency

A recent report by Liquid Collective and Obol highlights significant risks associated with Ethereums Pectra upgrade in 2025, emphasizing the need for client, operator, and cloud diversity to maintain network stability and...

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Economy

European Stocks Slip as Earnings, UK Inflation and ECB Decision Keep Investors on Edge

European stock markets traded slightly lower on Wednesday as investors assessed a fresh wave of corporate earnings while awaiting key economic and policy events, including the latest UK inflation data, the European Central...

Japan Yen Slides Past 163 as Middle East Tensions Lift US Dollar, Oil Prices

The Japanese yen weakened beyond the 163-per-dollar level on Wednesday, hovering near its weakest point since 1986 as higher U.S. Treasury yields and rising oil prices boosted demand for the U.S. dollar. Investors also...

Gold Price Surges Above $4,100 as Middle East Tensions Boost Safe-Haven Demand

Gold prices extended their rally on Wednesday, climbing above the key $4,100-an-ounce level as investors sought safe-haven assets amid escalating Middle East tensions and growing concerns over global energy supplies....

US Stock Exchanges Face Earnings Test as Trading Boom Meets Crypto Competition

U.S. exchange operators are set to begin reporting quarterly earnings this week, with investors expected to focus on whether strong trading activity can offset mounting concerns over regulatory changes and rising...

India FMCG Q1 Earnings Preview: Higher Input Costs Likely to Weigh on Profit Margins

Indias leading fast-moving consumer goods (FMCG) companies are expected to report weaker first-quarter profit margins as rising raw material costs, driven by the Iran conflict and higher crude oil prices, offset the...

Politics

US-Iran War Enters 11th Day as Costs Climb to $37.5 Billion, Trump Warns of More Strikes

The U.S.-Iran conflict intensified after U.S. Central Command (CENTCOM) confirmed it had completed an eleventh consecutive night of military strikes targeting Iranian assets. The operations are aimed at weakening Irans...

Rubio Urges Global Isolation of Nicaragua After Ortega Vows to End Elections

U.S. Secretary of State Marco Rubio has urged the international community to increase pressure on Nicaragua after President Daniel Ortega announced that the country would no longer hold elections, a move that has drawn...

US-Backed Pediatric HIV Treatment Drops After Foreign Aid Changes, Study Finds

Around 77,000 fewer children worldwide received HIV treatment supported by the United States in the fiscal year ending October 2025 compared with the previous year, according to research presented at the AIDS 2026...

US, Solomon Islands Deepen Ties as Peace Corps Set to Return After 25 Years

The United States is strengthening its relationship with the Solomon Islands by reviving the Peace Corps program and expanding development assistance, signaling Washingtons continued focus on the strategically important...

US Sends First Humanitarian Aid Flight to Cuba Under $100M Assistance Plan

The United States has launched the first humanitarian aid flight to Cuba under a newly announced $100 million assistance initiative, marking a significant step in Washingtons effort to provide direct relief to the Cuban...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Samsung Eyes Up to $1.14 Billion Investment in AI Startup Mistral

Samsung Electronics is reportedly in discussions to invest as much as 1 billion euros ($1.14 billion) in French artificial intelligence startup Mistral, a move that could strengthen the South Korean tech giants position in...

Wistron Opens $700M Texas AI Factory to Build Nvidia Superchips in U.S.

Taiwan-based Wistron Corp. (TW:3231), one of Nvidias leading manufacturing partners, has officially opened its first U.S. production facility in Fort Worth, Texas, marking a significant milestone in the expansion of...

Wistron Opens $700M Texas AI Factory to Build Nvidia GB300 Superchips

Taiwan-based Wistron Corp., a major Nvidia supplier, has opened its first U.S. manufacturing facility in Fort Worth, Texas, investing $700 million to expand artificial intelligence infrastructure production as global...

Super Micro Computer Stock Jumps 20% After Record AI Orders and Margin Surge

Super Micro Computer (NASDAQ: SMCI) stock soared about 20% in after-hours trading on Tuesday after the AI server maker released a stronger-than-expected preliminary update for its fiscal fourth quarter, highlighting a...

US, China to Hold AI Talks Ahead of Xi’s September Visit

The United States and China are preparing to hold high-level artificial intelligence (AI) talks in September, marking the first official AI dialogue between the two countries under President Donald Trumps administration....
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