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Sun, May 10, 2026 11:53 AM All times are UTC

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Crypto Tax on Ice: South Korea Defers 20% Levy Until 2027

Aug 06, 2025 04:08 am UTC| Digital Currency Insights & Views

Originally planned for 2022, South Koreas much-anticipated 20% tax on yearly cryptocurrency profits above 2.5 million won has been delayed once more, this time to January 2027. Recurrent delays show profound political...

Litecoin Surges on ETF Hopes, Targets $170-$220 Amidst Bullish Technicals

Aug 05, 2025 13:00 pm UTC| Digital Currency Insights & Views

There is significant market optimism, with analysts assigning a 90-95% probability that the U.S. SEC will approve a spot Litecoin (LTC) ETF by October 2025. This positive outlook is primarily driven by Litecoins...

Trump Imposes 25% Tariff on Indian Imports, Escalating US-India Trade Tensions

Aug 05, 2025 12:42 pm UTC| Insights & Views

Former US President Donald Trump has announced a 25% tariff on all Indian imports, effective August 1, 2025. This aggressive move stems from rising US-India tensions, primarily driven by Indias continued purchase of...

Gold Poised for Further Gains as Weak US Jobs Data Fuels Rate Cut Bets

Aug 05, 2025 12:40 pm UTC| Insights & Views

Gold prices showed a minor profit booking after a massive recovery of more than $100 on Friday. It hits a high of $3385 and is currently trading around $3352. The US 10-year Treasury yield experienced a significant drop...

Ethereum: Whale Accumulation Fuels Bullish Outlook, $4000 Breakout Key for Further Gains

Aug 05, 2025 12:15 pm UTC| Digital Currency Insights & Views

Whales and institutions are piling Ethereum at an unprecedented rate; over 856,000 ETH (valued at nearly $3.2 billion) bought since early July 2025. Individual whale purchases more than $100 million via OTC trades are part...

Metaplanet Doubles Down on Bitcoin, Cementing Its Vanguard Status

Aug 05, 2025 05:28 am UTC| Digital Currency Insights & Views

Investing about $53.7 million, Metaplanet has recently added 463 BTC to its holdings at an average price of $115,895 per coin. With this most recent buy finished on August 4, 2025, its overall treasury totals 17,595 BTCnow...

Crude Oil Dips as OPEC+ Boosts Production, Eyes $60 and Below

Aug 04, 2025 12:52 pm UTC| Insights & Views

Crude oil prices lost their shine after the OPEC production increase. It hit an intraday low of $65.68 and is currently trading around $65.89. OPEC+ has announced a significant oil production increase of 547,000 barrels...

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Economy

Russian LNG Shadow Fleet Expands Amid Arctic LNG 2 Sanctions

Russia is intensifying efforts to bypass Western energy sanctions after a liquefied natural gas (LNG) tanker operating under a newly adopted Russian flag was spotted loading fuel linked to the sanctioned Arctic LNG 2...

S&P 500, Nasdaq Hit Record Highs as AI Stocks Rally and Strong Jobs Data Boost Confidence

The SP 500 and Nasdaq closed at fresh record highs on Friday as investors poured into AI-related stocks and welcomed stronger-than-expected U.S. jobs data, reinforcing confidence in the resilience of the American economy....

Dollar Slips as Strong U.S. Jobs Data Reduces Fed Rate Cut Expectations

The U.S. dollar weakened on Friday after stronger-than-expected April jobs data reduced speculation about potential Federal Reserve interest rate cuts. Investor sentiment also improved after President Donald Trump stated...

European Stocks Fall as US-Iran Conflict Rekindles Energy Supply Fears

European stock markets closed lower on Friday as renewed military tensions between the United States and Iran rattled investor confidence and intensified concerns about global energy supplies. The escalating conflict...

Gold Prices Rise as Weaker Dollar and Iran Ceasefire Hopes Boost Safe-Haven Demand

Gold prices climbed on Friday and were set for a strong weekly gain as the U.S. dollar weakened following the latest U.S. jobs report. Investors also turned to safe-haven assets amid ongoing tensions in the Middle East and...

Politics

Israel’s Secret Iraq Base Allegedly Supported Iran Air Campaign, WSJ Reports

Israel reportedly established a covert military outpost deep in the Iraqi desert to support its recent air campaign against Iran, according to a Wall Street Journal report citing sources familiar with the operation,...

Senate Stablecoin Bill Sparks Clash Between Banks and Crypto Industry

A major fight over U.S. crypto regulation is heating up as lawmakers prepare to advance the CLARITY Act, a proposed bill designed to create a clear regulatory framework for digital assets and stablecoins. The legislation...

Trump-Xi Beijing Summit to Focus on Trade, Taiwan, and Boeing Deal

U.S. President Donald Trump is set to meet Chinese President Xi Jinping in Beijing from May 14 to May 15, marking the first visit by an American president to the Chinese capital in nearly ten years. According to Reuters,...

Trump Reportedly Approves Plan to Remove FDA Commissioner Marty Makary Amid Growing Controversies

President Donald Trump has reportedly approved a plan to remove U.S. Food and Drug Administration (FDA) Commissioner Marty Makary, according to sources familiar with discussions inside the White House. While officials say...

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...

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

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

AI-Driven Inflation Raises U.S. Consumer Prices, Goldman Sachs Says

Artificial intelligence is starting to increase U.S. consumer prices through rising costs in electronics, software, and electricity, according to a new Goldman Sachs report. The investment bank said AI-related inflation...

Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case

A federal judge has declined to immediately approve a proposed $1.5 million settlement between Elon Musk and the U.S. Securities and Exchange Commission (SEC) tied to Musks 2022 Twitter stock purchase disclosures. The...

Broadcom Eyes $35 Billion AI Chip Financing Deal With Apollo and Blackstone

Broadcom Inc. is reportedly in discussions with Apollo Global Management and Blackstone Inc. to secure around $35 billion in financing for its expanding artificial intelligence chip business, according to a Bloomberg...

Dell Stock Hits Record High After Trump Endorsement, AI Server Demand Fuels Rally

Dell Technologies Inc. (NYSE: DELL) surged to an all-time high on Friday after receiving a public endorsement from President Donald Trump during a White House event. The president encouraged Americans to go out and buy...

TikTok Nears $400 Million Settlement With Trump Administration Over Child Privacy Lawsuit

TikTok and the Trump administration are reportedly close to reaching a $400 million settlement tied to allegations that the popular video-sharing platform violated U.S. child privacy laws. According to ABC News, the...