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Digital Currency Revolution

Bitcoin ETF Holdings by Advisors Increase, Hedge Fund Stakes Drop Amid Market Shifts

Aug 17, 2024 06:17 am UTC| Digital Currency Technology

Investment advisors increased their exposure to Bitcoin ETFs in the second quarter of 2024, while hedge fund stakes saw a dip, reflecting broader market trends. Bitcoin ETF Holdings Among Advisors Surge in Q2...

Kia EV9 Buyers Score Massive $18,000 Discounts in June, Propelling EV Sales

Aug 16, 2024 20:58 pm UTC| Technology Business

In June, Kia EV9 buyers secured discounts up to $18,000, propelling electric vehicle sales to unprecedented levels as the market continues its rapid shift. June Registrations Rise 3.1% Year-Over-Year Sales of...

Tesla Slashes Model 3 Costs with Cheaper $35,000 Version, Ditching Key Interior Features in Mexico

Aug 16, 2024 20:31 pm UTC| Technology Business

Tesla has introduced a more affordable version of its Model 3 in Mexico, stripping down interior features to lower the price to $35,000, marking a strategic move in a competitive market. Tesla Removes Basic Interior...

Digital Currency Revolution

Shiba Inu Lead Drops Cryptic Message Ahead of ShibaCon 2024, Fueling Major SHIB Speculation

Aug 16, 2024 20:14 pm UTC| Digital Currency Technology

A cryptic message from Shiba Inu lead developer Shytoshi Kusama has sparked intense speculation in the SHIB community, with fans eagerly anticipating major announcements at the upcoming ShibaCon 2024 in...

Digital Currency Revolution

Sam Altman's Worldcoin Expands to Malaysia for Digital ID Verification, Boosting National Security

Aug 16, 2024 20:02 pm UTC| Digital Currency Technology

Malaysia has taken a bold step in digital transformation by adopting Sam Altmans Worldcoin for identity verification and integrating the technology into its national digital ID system. Worldcoin to Enhance Malaysias...

Digital Currency Revolution

Dubai Court Declares Crypto Salary Legal, Ushering in a Revolutionary Shift for UAE Workers

Aug 16, 2024 19:44 pm UTC| Digital Currency Technology

A Dubai court has boldly declared that cryptocurrency can be used as a legal form of salary, setting the stage for a revolutionary shift in how workers in the UAE are paid. Dubai Court Endorses Crypto Wage...

Subaru’s Solterra EV Leads as Most Discounted Vehicle Across U.S., Gas or Electric

Aug 16, 2024 07:44 am UTC| Technology Business

Subarus Solterra EV has emerged as the most heavily discounted vehicle in the U.S., offering buyers savings of over $5,500. This surge in discounts has driven a 66% increase in sales, making Solterra the most popular EV in...

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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...
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