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Digital Currency Revolution

Shiba Inu Surges as 39 Million SHIB Burn Sparks 10% Price Jump in 24 Hours

Oct 29, 2024 22:24 pm UTC| Digital Currency Technology Business

In a swift market shift, Shiba Inu (SHIB) gained nearly 10% over the last 24 hours after a 39 million SHIB burn ignited fresh momentum. Shibburn reports a 305% surge in the burn rate, fueled by a single large transaction...

Xiaomi SU7 Ultra Pre-Sale Begins in China for $114K with 1,500 HP, Hits 100 km/h in 2 Seconds

Oct 29, 2024 22:12 pm UTC| Technology Business

Xiaomi has launched pre-sales for its high-performance SU7 Ultra, an electric sedan boasting 1,500 horsepower, priced at 814,900 yuan ($114,200) in China. Set to officially launch in March 2025, the SU7 Ultra promises...

BYD Hints at Seagull EV Arrival in Australia, Could Become Nation's Cheapest Electric Car

Oct 29, 2024 21:41 pm UTC| Technology Business

BYD may launch its smallest and most affordable electric vehicle, the Seagull, in Australia. Known for its exceptional sales in China, the Seagull could become the nations most budget-friendly EV, challenging current...

OpenAI Taps TSMC and AMD for 2026 Launch of Custom AI Chips

Oct 29, 2024 21:27 pm UTC| Technology Business

In a strategic move to enhance AI performance, OpenAI is working with TSMC and incorporating AMD chips into its infrastructure to develop custom silicon. Expected to start production by 2026, this effort could reshape the...

Digital Currency Revolution

Bhutan Moves $66.55 Million in Bitcoin to Binance Amid Bull Run

Oct 29, 2024 21:05 pm UTC| Digital Currency Technology Business

Bhutans government has sold 929 BTC valued at $66.55 million to Binance, sparking intrigue during Bitcoins bull run. With a total holding of 12,456 BTC, Bhutan ranks fourth among government Bitcoin holders, raising...

Digital Currency Revolution

Bitcoin Poised for $80K Breakout Amid Bullish Derivatives and Election Optimism

Oct 29, 2024 20:45 pm UTC| Digital Currency Technology Business

Bitcoin is set to potentially exceed $80,000, fueled by bullish derivatives markets and substantial ETF inflows. Bitfinex analysts point to a surge in call options and growing optimism surrounding the upcoming U.S....

Digital Currency Revolution

Shiba Inu Sees 4 Trillion SHIB Whale Surge in 24 Hours: Could Prices Rally Next?

Oct 29, 2024 20:29 pm UTC| Digital Currency Technology Business

Shiba Inus daily transaction volume surged to nearly four trillion SHIB, marking a significant increase driven by whale-tier trades. The renewed activity among large holders suggests potential support for SHIBs price,...

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Economy

Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth

Vietnam recorded a notable month-on-month decline in trade activity in November, according to new data from the National Statistics Office (NSO). Exports fell 7.1% from October, reaching $39.07 billion, while imports...

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

Fitch Ratings has reaffirmed Austrias Long-Term Foreign-Currency Issuer Default Rating at AA with a Stable Outlook, underscoring the countrys strong economic fundamentals despite rising fiscal pressures. According to the...

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

The upcoming Federal Reserve meeting is shaping up to be one of the most closely watched and contentious in years, with investors focused on how divided policymakers are over a potential interest-rate cut and the signals...

U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

U.S. stocks ended higher on Friday as a softer inflation reading strengthened expectations that the Federal Reserve could move forward with an interest-rate cut next week. The SP 500 climbed 0.2%, the Dow Jones Industrial...

U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut

U.S. stocks closed the week with modest gains on Friday, as investors weighed a wave of delayed economic data and maintained strong expectations for a Federal Reserve interest rate cut at next weeks policy meeting. Despite...

Politics

CFPB to Review Anti-Discrimination Policies and Fair Lending Rules Amid Policy Shift

The U.S. Consumer Financial Protection Bureau (CFPB) is preparing to convene its Consumer Advisory Board next week to review major policy changes, including a controversial proposal to scale back long-standing...

Supreme Court to Review Legality of Trump’s Birthright Citizenship Restrictions

The U.S. Supreme Court has agreed to examine the legality of President Donald Trumps directive aimed at restricting birthright citizenship, a move that could redefine a long-standing interpretation of the 14th Amendment....

Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

Australia has announced new financial sanctions and travel bans against four senior officials of Afghanistans Taliban government, citing the worsening human rights situation in the country, particularly the escalating...

U.S. Appeals Court Rules Trump Can Remove Members of Key Federal Labor Boards

A U.S. appeals court has ruled that President Donald Trump had the authority to dismiss Democratic members of two major federal labor boards, marking a significant win for efforts to expand presidential control over...

Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change

President Donald Trump on Friday expressed support for a major shift in U.S. vaccine policy after government advisers voted to eliminate the long-standing recommendation that all newborns receive the hepatitis B vaccine at...

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

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

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...