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Digital Currency Revolution

What’s Driving Charles Schwab Toward Spot Crypto Trading? Trump’s Regulatory Shift and $100K Bitcoin Answer

Nov 22, 2024 19:23 pm UTC| Digital Currency Technology Business Politics

Charles Schwab is poised to enter the spot crypto market as Trumps administration signals regulatory reforms. With Bitcoin nearing $100,000 and competition heating up, Schwab aims to seize the moment and expand its crypto...

Digital Currency Revolution

Ether Price Rises Despite $1.3B Whale Sell-Off, Targets $3,700 Breakout

Nov 22, 2024 13:02 pm UTC| Digital Currency Technology Business

Ethers price continues to climb despite significant selling pressure from whales unloading over $1.3 billion in holdings. Investors anticipate a rally toward the $3,700 resistance level, buoyed by Bitcoins surge past...

Digital Currency Revolution

Solana Hits $262 ATH Amid $35M Whale Buys—Could $5,000 Be Next?

Nov 22, 2024 12:29 pm UTC| Digital Currency Technology Business

Whale investors snapped up $35 million in Solana, driving the token to a new all-time high of $262. With growing excitement around a potential Solana ETF, analysts speculate that a climb to $5,000 might be on the...

Digital Currency Revolution

Dogecoin Soars 16.8% After Musk’s Alien Meme Shakes Up X: What It Means for Crypto

Nov 22, 2024 12:00 pm UTC| Digital Currency Technology Business

A single meme tweet from Elon Musk set the crypto world buzzing, with Dogecoins value surging 16.8% this week. The viral post, reminiscent of Musks 2021 DogeFather moment, highlights his knack for intertwining humor,...

Digital Currency Revolution

Shiba Inu’s Kusama Strikes Back at Critics, Declares 'Send SHIB to the Moon' Mission Is on Track

Nov 22, 2024 11:35 am UTC| Digital Currency Technology Business

Shytoshi Kusama, Shiba Inus vocal leader, pushed back against critics, reaffirming SHIBs decentralized status and outlining bold plans for growth. The Ethereum-based token remains at the forefront of the crypto ecosystem,...

Digital Currency Revolution

Texas Considers Bitcoin Reserve Legislation Amid Push for US Crypto Mining Security

Nov 22, 2024 11:14 am UTC| Digital Currency Technology Business Politics

In a bid to bolster economic resilience and secure U.S. Bitcoin mining, Texas lawmakers are exploring strategic Bitcoin reserve legislation. Satoshi Action Fund highlighted the initiatives significance during a blockchain...

The government has introduced laws for its social media ban. But key details are still missing

Nov 22, 2024 03:10 am UTC| Insights & Views Technology

The federal government today introduced into parliament legislation for its social media ban for people under 16 years. Communications Minister Michelle Rowland said: This is about protecting young people, not...

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Economy

Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off

The U.S. dollar held firm at the start of Asian trading on Thursday as investors positioned themselves ahead of key interest rate decisions from the European Central Bank (ECB) and the Bank of England (BoE). Both central...

Australia’s December Trade Surplus Expands but Falls Short of Expectations

Australia recorded a smaller-than-expected trade surplus in December, highlighting continued pressure on the countrys export sector amid weak overseas demand and a strong Australian dollar. According to data released by...

U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings

U.S. stock index futures moved modestly higher on Wednesday evening after Wall Street ended the regular session mostly lower, as investors continued to grapple with a deepening technology selloff driven by AI disruption...

Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears

Oil prices moved lower on Thursday as news of planned diplomatic talks between the United States and Iran reduced immediate fears of a military conflict that could disrupt crude supply from the Middle East, one of the...

Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound

Asian stock markets declined as growing concerns over the soaring costs of artificial intelligence investment weighed heavily on the technology sector, while U.S. stock futures attempted a modest recovery led by gains in...

Politics

Trump Stays Neutral on 2028 GOP Successor as Vance and Rubio Emerge as Top Contenders

President Donald Trump has declined to take sides in early speculation over who could succeed him as the Republican presidential nominee in the 2028 election, as Vice President JD Vance and Secretary of State Marco Rubio...

U.S. Justice Department Removes DHS Lawyer After Blunt Remarks in Minnesota Immigration Court

The U.S. Justice Department has removed a government lawyer from a high-pressure assignment in Minnesota following blunt comments made in federal court about her workload and the governments failure to comply with judicial...

Melania Trump Pushes Diplomacy to Return Ukrainian Children from Russia

U.S. First Lady Melania Trump said Wednesday that she remains in ongoing contact with Russian President Vladimir Putins team as part of efforts to secure the return of Ukrainian children taken to Russia since the start of...

Human Rights Watch Warns of Democratic Decline in U.S. Under Trump Administration

Human Rights Watch has raised serious concerns about the state of democracy in the United States, warning that key democratic institutions and human rights protections are under threat during President Donald Trumps second...

Ukraine-Russia Peace Talks in Abu Dhabi Show Cautious Progress Amid Ongoing Fighting

Ukrainian and Russian officials concluded what Kyiv described as a productive first day of new U.S.-brokered peace talks in Abu Dhabi, even as intense fighting continued across Ukraine in Europes largest conflict since...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine

Alphabet is dramatically ramping up its capital expenditure in 2026 as it doubles down on artificial intelligence, cloud infrastructure, and compute capacity, underscoring its ambition to stay ahead in the intensifying AI...

Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026

Baidu Inc (NASDAQ: BIDU), Chinas largest internet search engine company, announced on Thursday that its board of directors has approved a new share repurchase program of up to $5 billion, running through the end of 2028....

Instagram Outage Disrupts Thousands of U.S. Users

Meta Platforms Instagram experienced a significant service disruption on Wednesday evening, leaving more than 10,000 users across the United States unable to properly access the popular social media platform. According to...

TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds largest contract chipmaker, is reportedly planning to mass produce advanced 3-nanometre (3nm) semiconductors in Kumamoto, southern Japan, marking a major shift...

Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links

Shares of Tencent Holdings (HK:0700) fell sharply on Wednesday after its popular messaging platform WeChat blocked certain promotional links related to YuanBao, the companys artificial intelligence chatbot. The move...