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Digital Currency

Sun, Oct 06, 2024 09:25 AM All times are UTC

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Bitcoin Surpasses $65,000 Mark, Showing Resilience Amid Major Sell-Offs

Jul 17, 2024 22:15 pm UTC| Digital Currency Technology

Bitcoin has surged past $65,000, showcasing its resilience despite substantial sell-offs, including a $5.8 billion BTC transfer. The cryptocurrency market remains optimistic, with significant inflows into Bitcoin ETFs and...

Digital Currency Revolution

Russia Weighs Risks of Crypto Legislation to Boost International Payments Amid Sanctions

Jul 17, 2024 19:36 pm UTC| Digital Currency Technology

Russias anti-money-laundering regulators stress the need for caution in new crypto legislation to manage risks in international payments. Parliament Reviews Crypto Legislation According to Reuters, Russian...

Digital Currency Revolution

Bitcoin vs. Gold: Peter Schiff's Insights on Crypto's Decline and Gold's Record High

Jul 17, 2024 19:02 pm UTC| Digital Currency Technology

As Bitcoin soared to nearly $66,000 before falling, Peter Schiff connected this volatility to golds record high, suggesting a negative correlation that keeps the asset debate alive. With its recent run to almost...

FxWirePro- Ethereum Daily Outlook

Jul 17, 2024 16:00 pm UTC| Technicals Digital Currency

ETHUSD surged more than 8% this week following in the footsteps of BTC. It hit a high of $3518 at the time of writingand is currently trading ataround $3437. Citi Bank predicts that ETH ETF will get inflows of $5...

Digital Currency Revolution

Hong Kong Set to Announce New Stablecoin Licensing Framework Amid Regulatory Push

Jul 17, 2024 13:00 pm UTC| Digital Currency Technology

Hong Kongs Financial Services and Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) announced final recommendations for a local stablecoin law on July 17, following a public consultation. Hong Kongs New...

FxWirePro- BTCUSD Daily Outlook

Jul 17, 2024 12:46 pm UTC| Technicals Digital Currency

BTCUSD trades higher on upbeat market sentiment.It hit a high of $66129 andis currently trading ataround $64668. Bitcoin whales have accumulated 71000 BTC this week, the highest since Apr 2023. Bitcoin ETF...

Digital Currency Revolution

Shiba Inu Bullish: 2.6 Billion SHIB Traded in 24 Hours as Price Surges

Jul 17, 2024 12:34 pm UTC| Digital Currency Technology

Shiba Inu (SHIB) is witnessing a bullish trend with 2.6 billion tokens traded in the past 24 hours, boosting investor optimism. SHIBs Market Cap Surpasses Avalanche Amid Price Surge With yet another upward trend...

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Economy

Higher-than-Expected September Inflation Delays Turkey’s Anticipated Interest Rate Cuts

Turkeys annual inflation rate dropped to 49.38% in September, but a higher-than-expected monthly increase of nearly 3% has dampened expectations for early interest rate cuts. Analysts now predict the central bank may not...

Lucid Air Grand Touring Joins Dubai Police Fleet, Expanding UAE’s Push for Green Vehicles

Dubai Police has added the Lucid Air Grand Touring to its fleet, bolstering its push for sustainability under the Dubai Quality of Life Strategy 2033. The inclusion of the luxury electric vehicle highlights the UAEs...

U.S. Services Sector Hits 1.5-Year High in September as Employment Weakens

The U.S. services sector expanded at its fastest pace in 18 months in September, driven by strong new orders, according to the Institute for Supply Management. However, the robust growth came as employment in the sector...

Major Gaps in Home Loan Data Raise Concerns Over Discriminatory Lending and Accountability

A new report from the National Community Reinvestment Coalition reveals that over 12% of U.S. home loan applicants fail to provide race data, undermining efforts to detect discriminatory lending. The lack of complete data...

U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.

Nonfarm employment rose by 254,000 in September, exceeding the average expectation of 150,000. Revisions for employment growth in the prior two months added another 72,000. Over the latest three months, average payroll...

Politics

Donald Trump Receives Overwhelming Endorsement: ‘200+ Military Leaders Back His Return to the White House'

In a stunning show of support, more than 200 retired military generals and admirals have publicly endorsed former President Donald Trump in an open letter, underscoring their belief in his leadership and commitment to the...

Donald Trump's Pal Elon Musk Slams Kamala Harris Win: 'A Disaster for Civilization'

Elon Musk has voiced serious concerns about Kamala Harris potentially winning the upcoming presidential election, calling it not only bad for America but warning that it could spell disaster for the future of civilization...

Donald Trump Set for Landslide Victory: ‘Commanding Lead in Key States – This Could Be Unstoppable'

Donald Trump appears to be positioned for a sweeping victory in the upcoming presidential election, as new polling data suggests the former president holds a commanding lead in several crucial battleground states....

Donald Trump Refuses 60 Minutes Interview Over Lack of Apology for Hunter Biden Laptop Story

In a bold move, former President Donald Trump announced that he is refusing to sit down for an interview with 60 Minutes until he receives an apology for the networks previous claims regarding Hunter Bidens infamous...

Biden-Harris Admin Warns FEMA May Run Out of Funds Amid Hurricane Season After Billions Sent Overseas

In a shocking development, the Biden-Harris administration announced that FEMA (Federal Emergency Management Agency) may not have enough resources to make it through the rest of hurricane season. This warning comes on the...

Science

Europe Pushes Back Against SpaceX's Efforts to Expand Starlink Direct-to-Cell Operations

European mobile network operators are opposing SpaceXs initiative to expand Starlink Direct-to-Cell services, urging the U.S. Federal Communications Commission (FCC) to reject SpaceXs request to operate beyond standard...

SpaceX and T-Mobile Begin Testing Starlink Cellular Satellite Service Ahead of 2025 Launch

SpaceX and T-Mobile have reportedly initiated tests for their highly anticipated Starlink Cellular satellite service. Speculation emerged after users noticed satellite activity on their phones, fueling excitement ahead of...

SpaceX Pauses Falcon 9 Launches After Anomaly During Crew 9 Mission Investigation

SpaceX has suspended all Falcon 9 launches after an anomaly occurred with the rockets second stage during the Crew 9 mission for NASA. The second stage failed to land as planned, prompting an investigation and delaying...

Tesla’s $25K Compact Car Could Drive Bigger Stock Gains Than Robotaxi, Analyst Predicts

As anticipation builds for Teslas Robotaxi, some analysts believe the companys upcoming $25,000 compact car will have a more significant impact on its stock. Gary Black of The Future Fund argues that entering the...

Starlink Reaches 4 Million Customers Globally as SpaceX Expands Operations and Services

SpaceXs Starlink has officially surpassed 4 million customers across more than 100 countries. This milestone was announced by SpaceX COO Gwynne Shotwell, who also outlined plans for expanding Starlinks satellite network...

Technology

LEGO's Homepage Hit by 'LEGO Coin' Crypto Scam, Phishing Scheme Exposed in Minutes

LEGOs homepage was briefly hijacked on October 5, displaying a fraudulent LEGO Coin token promoting secret rewards. The phishing scheme directed users to a malicious website, but LEGO quickly removed the scam, ensuring no...

SHIB Burns Plunge to Near Zero as Price Slides – What’s Behind Shiba Inu’s Decline?

Shiba Inus burn rate has plunged to nearly zero, and its price is following suit. Despite these negative trends, SHIB remains a topic of interest, leaving investors questioning the factors behind its recent...

Hyundai's Game-Changing INSTER EV Shakes Up UK with 229-Mile Range and Under $31K Price!

Hyundai is sparking excitement in the UK with the launch of its INSTER EV, delivering a game-changing 229-mile range and a price tag under $31,000. Positioned to outshine competitors, this compact electric SUV offers...

BYD Fuels Uruguay’s Push for Green Transit With 100 Electric Buses for National Operator

BYD, a leading Chinese electric vehicle manufacturer, has delivered 100 K9UD electric buses to Cutcsa, Uruguays largest public transit operator. The move enhances Uruguays commitment to green transportation and cements...

Apple Rumored to Unveil microLED Smart Glasses in 2026—A Game-Changer?

Apple is reportedly gearing up to release its highly anticipated smart glasses featuring microLED technology by 2026. The rumored device could redefine wearable tech with a lightweight design and unprecedented...