Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Digital Currency

Wed, Jul 22, 2026 02:07 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Digital Currency Revolution

Solana's OI Drops $440M, Yet Prices Climb Amid Wider Crypto Slump

Apr 15, 2024 04:16 am UTC| Technology Digital Currency

Despite a sharp 21% decrease in open interest over the past 24 hours, Solanas market price has resiliently surged by 11% to $142.76, bucking the broader trend of declines across major cryptocurrencies. This contrast...

Digital Currency Revolution

Shiba Inu Burn Rate Jumps 25,000%; Market Awaits Price Response

Apr 14, 2024 17:44 pm UTC| Technology Digital Currency

Shiba Inus burn rate soared by over 25,000%, sparking intense speculation about potential price impacts amid a broader market downturn. Shiba Inus Burn Rate Skyrockets, Signaling Strong Deflationary Trend Amid Market...

Digital Currency Revolution

Bitcoin 'Halving' Event to Slash $10 Billion from Crypto Miners' Earnings

Apr 14, 2024 16:54 pm UTC| Technology Digital Currency

As Bitcoin approaches its anticipated halving event on April 20, crypto miners brace for a significant revenue drop that could cost the industry roughly $10 billion annually. This reduction, which slashes the daily...

Digital Currency Revolution

Shibarium Skyrockets: Shiba Inu Layer-2 Records Nearly 350,000 Daily Transactions

Apr 14, 2024 16:41 pm UTC| Technology Digital Currency

Shibarium, the Layer-2 blockchain of Shiba Inu, has experienced a significant surge in activity, recording nearly 350,000 transactions in just 24 hours. This peak represents a 6,171% increase from the previous days,...

Digital Currency Revolution

Mysterious 600 Million DOGE Moves to Binance Amid Market Crash

Apr 14, 2024 16:24 pm UTC| Technology Digital Currency

A staggering 600 million Dogecoin were transferred to Binance, causing ripples across the crypto community. The transaction, occurring just as global crypto values sharply declined, has fueled widespread speculation and...

Digital Currency Revolution

Solana Drops 11% as Open Interest Plummets, Erasing Nearly $440M

Apr 14, 2024 16:06 pm UTC| Technology Digital Currency

Solanas open interest has decreased sharply by 21%, with the cryptocurrencys price dropping 11% to its lowest in over a month. This significant decline wiped out approximately $36.55 million in long positions as traders...

Digital Currency Revolution

Bitcoin’s $256M Liquidation Amid Drop Spurs Analyst Debate on Market Health

Apr 14, 2024 13:37 pm UTC| Technology Digital Currency

Bitcoins recent 7% drop triggered a significant $256 million liquidation of long positions, yet analysts remain unfazed, attributing the fall to normal market cycles amidst geopolitical tensions. Analysts Downplay $256M...

781 782 783 784 785 786 787 788 789 790

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...