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Digital Currency Revolution

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Digital currency or digital money is an Internet-based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Like traditional money these currencies may be used to buy physical goods and services but could also be restricted to certain communities such as for example for use inside an on-line game or social network. In this series, we cover stories and provide insightful analysis of the digital currencies such as bitcoin with no central point of control over the money supply.

Digital Currency Revolution

Shiba Inu Burn Rate Surges 880% as 320 Million SHIB Burned While Shibarium Transactions Spike 1,054%

Oct 20, 2024 20:50 pm UTC| Digital Currency Technology Business

Shiba Inus burn rate has surged 880%, with 320 million tokens removed from circulation in the past week. Meanwhile, Shibarium, the Layer 2 blockchain, witnessed a 1,054% increase in daily transactions, signaling heightened...

Digital Currency Revolution

X Empire’s Airdrop Snub Enrages Players, Drags Elon Musk into TON Token Meltdown

Oct 20, 2024 19:41 pm UTC| Digital Currency Technology Business

X Empires highly anticipated airdrop left millions of players out in the cold, sparking a wave of anger on social media. Some players are even reaching out to Elon Musk, despite his lack of ties to the Telegram-based...

Digital Currency Revolution

ApeCoin Soars 110%—Is APE Poised to Smash Its ATH?

Oct 20, 2024 18:51 pm UTC| Digital Currency Technology Business

ApeCoin skyrocketed by more than 110% after launching ApeChain, reaching over $1.70a six-month peak. With an upcoming event in Vegas and renewed bullish sentiment, investors wonder if APE can challenge its all-time high...

Digital Currency Revolution

Shiba Inu Nears First Golden Cross in Months — Is a Massive SHIB Surge Around the Corner?

Oct 20, 2024 17:21 pm UTC| Digital Currency Technology Business

Shiba Inu (SHIB), the meme-inspired cryptocurrency, is approaching its first golden cross since December 2023. The convergence of its 50- and 200-day moving averages raises speculation about another potential price rally....

Digital Currency Revolution

Andrew Tate-Endorsed Memecoins Plunge to Zero — Coffeezilla Unveils Shocking Crypto Collapse

Oct 20, 2024 17:12 pm UTC| Digital Currency Technology Business

Most memecoins endorsed by Andrew Tate have lost 99% of their value, with Coffeezilla uncovering shocking details about potential insider trading. The tokens, including ROOST and $GER, collapsed shortly after Tates...

Digital Currency Revolution

ApeCoin’s Explosive 66% Surge: Here’s Why the Native Token Crossed the $1 Mark

Oct 20, 2024 12:32 pm UTC| Digital Currency Technology Business

ApeCoin surged by more than 66% in a single day following the launch of its much-anticipated bridge feature, driving the tokens price beyond $1 for the first time in months and generating renewed investor interest in the...

Digital Currency Revolution

Dogecoin's Founder Pockets $780,000 in 2024—And He Didn't Even Hold Any DOGE!

Oct 20, 2024 09:59 am UTC| Digital Currency Technology Business

Dogecoin creator Billy Markus, despite selling off his original holdings years ago, made $780,000 this year alone by selling tokens gifted to him. Markus continues to profit from the cryptocurrency space without holding...

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Economy

Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows

Asian currencies strengthened slightly on Friday as traders grew more confident that the U.S. Federal Reserve will cut interest rates next week. The US Dollar Index slipped 0.1% in Asian hours, hovering near a one-month...

Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market

Oil prices traded mostly steady in Asia on Friday, holding on to gains from the previous session as geopolitical uncertainty and growing expectations of a U.S. Federal Reserve rate cut continued to support sentiment. As of...

BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague

Investors hoping the Bank of Japan will reveal clearer guidance on how high interest rates might rise may be disappointed, according to several former BOJ officials. Governor Kazuo Uedas recent hawkish tone has pushed...

Putin in Delhi: Assessing the Stakeholders. A Comprehensive Examination of Defence, Energy, and Aspirations for Export Expansion."

With discussions spanning new S-400 regiments, cooperative Su-57 fighter and hypersonic technology, and long-term agreements on Russian crude, LNG, and nuclear initiatives, Putins visit to Delhi places defence and energy...

Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets

Most Asian currencies held steady on Thursday after modest gains, as markets continued to price in the possibility of a Federal Reserve rate cut next week. The US Dollar Index edged 0.1% higher following an overnight dip...

Politics

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

Cuban authorities announced that the island is intensifying its fight against narcotics trafficking in the Caribbean, emphasizing ongoing cooperation with the U.S. Coast Guard despite heightened political tensions and an...

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

An Irish naval vessel detected as many as five drones operating close to the flight path of Ukrainian President Volodymyr Zelenskiys aircraft as he arrived in Ireland for a state visit, according to local media reports on...

Australia Progresses AUKUS Review as U.S. Affirms Strong Support

Australia is moving forward with the newly received United States review of the AUKUS nuclear-powered submarine partnership, signalling renewed confidence in the trilateral defence pact with the U.S. and the United...

Trump Administration Tightens H-1B Visa Vetting With New Focus on Free Speech and Censorship

The Trump administration has introduced stricter vetting measures for H-1B visa applicants, targeting professionals in highly skilled fields often recruited by major U.S. tech companies. According to an internal State...

China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai

Taiwan President Lai Ching-te has urged Chinese President Xi Jinping to direct his focus toward revitalizing Chinas weakening economy rather than pursuing territorial expansion, highlighting widening economic contrasts...

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...