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Cryptocurrency Brief: BTC/USD manages slight gains despite another SEC ETF rejection, BitMex confirms DDoS attack during routine maintenance, XRP Ledger fully decentralized – Thursday, August 23rd, 2018

Aug 23, 2018 11:13 am UTC| Commentary Economy

BTC/USD: Bitcoin prices managed to gain slightly during European session Thursday, albeit correcting major gains made yesterday, after facing another rejection of Bitcoin ETF by the Securities and Exchange Commission...

U.S. Treasuries lose ground ahead of initial jobless claims, Fed Chair Powell’s Jackson Hole Symposium

Aug 23, 2018 10:37 am UTC| Commentary Economy

The U.S. Treasuries lost ground Thursday ahead of todays release of the weekly initial jobless claims and 5-year auction, both scheduled for later today. A, Federal Reserve Chair Jerome Powell is scheduled to deliver a...

German bunds trade tight after August manufacturing PMI falls; ECB’s account of monetary policy meeting eyed

Aug 23, 2018 09:28 am UTC| Commentary Economy

The German bunds remained in a tight range during European session Thursday after the countrys August manufacturing PMI for the month of August fell, also missing market expectations for the same. Investors will now focus...

Singapore core inflation likely to rise to 2 pct in August, edge higher by year-end: ANZ Research

Aug 23, 2018 08:24 am UTC| Commentary Economy

Singapores core consumer price inflation is expected to rise to 2 percent during the month of August and edge higher into year-end, according to the latest report from ANZ Research. Therefore, a further slight tightening...

JGBs range-bound ahead of July national CPI; risk sentiments remain buoyant

Aug 23, 2018 05:16 am UTC| Commentary Economy

Japanese government bonds remained range-bound during late Asian session Thursday ahead of the countrys national consumer price inflation (CPI) data for the month of July, scheduled to be released today by 23:30GMT....

Australian bonds gain after PM Turnbull faces another leadership challenge

Aug 23, 2018 03:41 am UTC| Commentary Economy

Australian bonds gained across the curve on Thursday after Prime Minister Malcolm Turnbulls three cabinet members resigned and supported Peter Dutton for the next prime minister and Liberal leader. The yield on...

Eurozone Sovereign Bond Spreads- Latest Updates

Aug 22, 2018 12:25 pm UTC| Commentary Economy

We at FxWirePro decided to add a simple but very important tool to our regular watch list and that is sovereign bond spreads of Eurozone economies over Germany. It was included in the watch list during the Eurozone debt...

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Economy

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed

If you needed long-term care, could you afford it? For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not. Nursing homes charge somewhere...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

US election: why it’s not the protesters’ votes that the Democrats should worry about

As hundreds of New York police officers in riot gear were called in to clear away a student protest at Columbia University on Tuesday night, the university president Nemat Shafik was saying she had no choice but to take...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

South Korea Backs Naver in Business Rift with Japan Over Line App

In response to Japanese regulatory pressure, South Korea has affirmed its commitment to defend its businesses, particularly Naver, as tensions over Lines operational independence intensify. Growing Tensions Over Tech...

South Korea Sets to Implement Crypto Delisting Under New Regulations

South Koreas Financial Supervisory Service has announced a forthcoming regulation that mandates the delisting of several cryptocurrencies. This move, set to take effect with the Virtual Asset User Protection Act in July,...

Binance and KuCoin Gain FIU Registration in India

In a significant move towards regulatory compliance, Binance and KuCoin have been officially registered with Indias Financial Intelligence Unit (FIU). This registration signals a major shift in the Indian cryptocurrency...

Former SEC Commissioner Criticizes Broad Crypto Definitions, Lubin Challenges SEC

At the TokenizeThis 2024 conference, former SEC Commissioner Troy Paredes criticized the SEC for its expansive interpretation of digital assets as securities. Concurrently, Ethereum co-founder Joseph Lubin at the F.T. Live...

Pantera Capital Sets Record with Massive Investment in Telegram's TON

Pantera Capital has announced a record-breaking investment in Telegrams TON blockchain, marking its largest commitment to date and signifying robust confidence in blockchains future. This strategic move underscores a major...