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Digital Currency Revolution

Senators Push for Stablecoin Regulation to Protect US Dollar Dominance

Apr 18, 2024 02:13 am UTC| Technology Digital Currency Law

U.S. Senators Kirsten Gillibrand and Cynthia Lummis have introduced the Lummis-Gillibrand Payment Stablecoin Act. This legislation establishes stringent guidelines for stablecoin issuers to enhance consumer protection and...

Digital Currency Revolution

Pepe Coin Climbs 6%: Market Braces for Potential Profit-Booking Selloff

Apr 17, 2024 15:44 pm UTC| Technology Digital Currency

Pepe Coin, the funny frog-themed meme cryptocurrency, has once again piqued the interest of crypto aficionados, with its price rising by an impressive 6% today. This revival coincides with a broader market recovery...

Bitwise: Market Underestimates Long-Term Impact of Upcoming Bitcoin Halving

Apr 17, 2024 15:31 pm UTC| Technology Digital Currency

As the Bitcoin halving approaches on April 20, Bitwise Asset Management highlights that while immediate post-halving price actions are subdued, historical data suggests significant long-term gains. Navigating Bitcoins...

Digital Currency Revolution

SHIB, BONE Prices Rally: Factors Fueling Memecoin Market Recovery Revealed

Apr 17, 2024 15:03 pm UTC| Technology Digital Currency

Shiba Inus SHIB and BONE tokens surged in value today, signaling a potent recovery in the memecoin market driven by significant on-chain data and optimism. Resurgence of Memecoins: Shiba Inus SHIB and BONE Lead Recovery...

FxWirePro- BTCUSD Daily Outlook

Apr 17, 2024 11:10 am UTC| Technicals Digital Currency

BTCUSD trades in a narrow range between $61300 and $66900 for the past four days. It hit a high of $64636 at the time of writing and is currently trading around $62975. Halving count down 02 5 16 Days...

FxWirePro- OKBUSD (Chart of the day)

Apr 17, 2024 10:54 am UTC| Technicals Digital Currency

OKX is an online cryptocurrency exchange platform that permits traders to buy, sell, trade, mine, and even lend crypto. Currently, the exchange lists over 300 coins, including Bitcoin (BTC), Ethereum (ETH), Tether...

Railgun Denies North Korean Use, Approaches $1B Volume Amid Vitalik Buterin's Praise

Apr 17, 2024 10:09 am UTC| Technology Digital Currency

Railgun, a leading Bitcoin privacy protocol, refuted claims that it is used by North Korea and other US-sanctioned entities to launder cryptocurrency. As it approaches a transaction volume of $1 billion, Ethereum...

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Economy

Pakistan Seeks $10 Billion U.S. Exchange Stabilization Fund to Boost Forex Reserves

Pakistan has asked the United States for a $10 billion exchange stabilization facility to strengthen its foreign exchange reserves and reduce pressure on the Pakistani rupee, according to a Reuters report citing a source...

US Dollar Climbs to Weekly High as Middle East Tensions Lift Treasury Yields and Safe-Haven Demand

The U.S. dollar strengthened to its highest level in more than a week on Tuesday as rising Treasury yields and escalating conflict in the Middle East fueled demand for safe-haven assets. The Japanese yen, meanwhile,...

US Stock Futures Steady Ahead of Tesla, Alphabet Earnings as Iran Conflict Keeps Markets on Edge

U.S. stock index futures traded little changed late Tuesday after Wall Street rallied on the back of a strong rebound in technology shares, while investors shifted their attention to upcoming second-quarter earnings from...

Trump Announces 100% Tariff on Generic Drug Imports Starting in 2028

U.S. President Donald Trump announced Tuesday that his administration will impose a 100% tariff on all imported generic drugs beginning in 2028, giving pharmaceutical companies a two-year window before the new trade policy...

Oil Prices Extend Four-Day Rally as U.S.-Iran Conflict and Red Sea Threats Raise Supply Fears

Oil prices climbed for a fourth consecutive session on Wednesday as traders assessed escalating military tensions between the United States and Iran, alongside growing concerns that disruptions to Middle East shipping...

Politics

Maduro, U.S. Prosecutors Propose June 2027 Trial Date in Drug Trafficking Case

Ousted Venezuelan President Nicolas Maduro and U.S. federal prosecutors have jointly proposed starting his criminal trial in June 2027, according to a court filing submitted ahead of a scheduled hearing in Manhattan...

FCC Moves to Ban Imports of Foreign Military-Grade Drones Over Security Risks

The U.S. Federal Communications Commission (FCC) has tentatively approved new restrictions that would ban the import of certain foreign-made military-grade drones, including swarm-enabled drones and models equipped with...

U.S. Plans Closer Coordination With Erik Prince’s Haiti Security Firm

U.S. security officials are preparing to deepen coordination with a private military company led by Erik Prince in Haiti, even as human rights organizations raise concerns over civilian casualties linked to the firms drone...

Houthi Naval Blockade on Saudi Arabia Escalates Iran Conflict, Threatens Global Oil Supply

Yemens Iran-backed Houthi movement announced a naval blockade against Saudi Arabia on Monday, significantly escalating tensions in the Middle East and raising fresh concerns over global energy supplies, oil prices, and...

ASEAN Ministers Warn Middle East Conflict Threatens Regional Stability and Energy Security

The escalating Middle East conflict dominated discussions at the ASEAN foreign ministers meeting in Manila on Tuesday, as leaders warned that renewed fighting could threaten global energy supplies, fuel inflation, and...

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

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....

Morgan Stanley Downgrades Adobe, Workday as AI Transition Raises Growth Concerns

Morgan Stanley adopted a mixed outlook on the software sector on Tuesday, turning bearish on Adobe (NASDAQ: ADBE) and Workday (NASDAQ: WDAY) while maintaining an overall positive view of the industry. The investment bank...

Judge Approves Anthropic’s $1.5 Billion AI Copyright Settlement With Authors

A federal judge in San Francisco has granted final approval to Anthropics landmark $1.5 billion copyright settlement, bringing a major chapter in the legal battle over AI training data and copyrighted books closer to an...
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