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Fri, Dec 05, 2025 08:30 AM All times are UTC

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Trump Doubles Down: 50% Tariff Slapped on Indian Imports Over Russian Oil

Aug 06, 2025 16:40 pm UTC| Insights & Views

US President Donald Trump declared an extra 25% levy on Indian imports in August 2025, thereby doubling the overall tax burden from 25% to 50%. This punitive action is a straight result of Indias continuing purchase of...

Hyperliquid's HIP-3 Upgrade: From Derivatives Exchange to Web3 Powerhouse

Aug 06, 2025 12:24 pm UTC| Digital Currency Insights & Views

With its HIP-3 update, Hyperliquid is changing dramatically from a high-speed derivatives market to a whole Web3 infrastructure layer. This upgrade will allow the platform to support a larger range of DeFi applications,...

Bitcoin Under Pressure: ETF Outflows and Network Slowdown Spark Price Drop

Aug 06, 2025 11:46 am UTC| Digital Currency Insights & Views

In late July 2025, the Bitcoin market experienced a significant shift with U.S. spot Bitcoin ETFs registering $131.4 million in outflows on July 21st, ending a 12-day inflow streak, while overall weekly outflows reached...

Ethereum Whale Boom: 200+ New 10K ETH Addresses Fuel Institutional Frenzy

Aug 06, 2025 05:14 am UTC| Digital Currency Insights & Views

Etherium Mega Whale Surge Over 200 new wallets holding more than 10,000 ETH added since early July 2025, Ethereum has seen a spectacular rise in mega whale addresses in recent weeks. According to blockchain analysis...

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...

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Economy

Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth

Germanys economic outlook remains cautious, with a new forecast from the German Economic Institute (IW) indicating only modest improvement in 2025 as global trade falters and domestic financial pressures intensify....

Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data

Japans Nikkei 225 slid on Friday, erasing its gains for the week and diverging from mostly positive Asian markets as investors turned cautious ahead of a crucial U.S. inflation reading that could influence the Federal...

Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth

Europe is facing growing competitive pressure from China as Beijing intensifies its export-driven growth strategy, a shift Goldman Sachs says is reshaping the outlook for several major European industries. The bank...

Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook

Citigroup has raised its outlook for European equities, setting a 2026 year-end target of 640 for the STOXX 600 index. The forecast suggests a potential 10.5% upside from Thursdays close, reflecting growing confidence in...

Dollar Weakens Ahead of Expected Federal Reserve Rate Cut

The U.S. dollar hovered near a five-week low on Friday as global investors positioned themselves for a widely anticipated Federal Reserve rate cut next week. The greenback remained under pressure across major currencies,...

Politics

Australia and Japan Strengthen Defence Cooperation Amid Rising Regional Tensions

Australian Defence Minister Richard Marles will travel to Japan on Saturday for high-level defence talks with his counterpart, Shinjiro Koizumi, as both nations deepen security cooperation in response to growing regional...

U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups

U.S. Attorney General Pam Bondi has directed federal law enforcement agencies to significantly ramp up investigations into the antifa movement and other groups deemed potential domestic extremist threats, according to an...

Honduras Election Turmoil Deepens as Nasralla Alleges Fraud in Tight Presidential Race

Honduras fiercely contested presidential election entered a new phase of tension after centrist candidate Salvador Nasralla accused authorities of fraud when rival Nasry Asfura of the National Party overtook him in the...

U.S. Expected to Expand Travel Ban to More Than 30 Countries

The United States is preparing to significantly widen its travel ban, with U.S. Homeland Security Secretary Kristi Noem confirming that the list will soon include more than 30 countries. Speaking on Fox News The Ingraham...

Hong Kong Faces Low Turnout in “Patriots-Only” Election Amid Public Grief After Deadly Fire

Hong Kong is bracing for a significantly low voter turnout in Sundays patriots-only Legislative Council election, as the city continues to mourn the deadliest fire it has seen in decades. The blaze, which erupted in a...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...