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Sun, Oct 06, 2024 07:19 PM All times are UTC

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Why Is Bitcoin Price Falling? Crypto Liquidation Surpasses $93 Million

Jun 11, 2024 03:48 am UTC| Technology Digital Currency

Bitcoins price is under pressure, trading at $69,670.58, while crypto market liquidations have surged past $93 million, impacting major altcoins and resulting in significant losses for traders. Bitcoin Drops to...

Digital Currency Revolution

SEC Considers ProShares' Application for Spot Ether ETF on NYSE Arca

Jun 11, 2024 03:42 am UTC| Technology Digital Currency

ProShares has applied for a spot in Ether ETF to the SEC, marking a significant step toward expanding Ethereum investment opportunities on U.S. exchanges. SEC Reviews ProShares Spot Ether ETF Application After Approving...

Bitcoin ETFs Absorb Two Months' BTC Mining Supply in First Week of June

Jun 10, 2024 19:10 pm UTC| Technology Digital Currency

In the first week of June, U.S. Bitcoin ETFs absorbed nearly two months worth of Bitcoin mining supply, acquiring 25,729 BTC valued at $1.83 billion, highlighting the ETFs market dominance. U.S. Bitcoin ETFs Acquire...

How Bitcoin Will Benefit From End Of US-Saudi Petrodollar Deal: Key Insights

Jun 10, 2024 19:05 pm UTC| Technology Digital Currency

The end of the US-Saudi petrodollar deal marks a pivotal moment for Bitcoin, as the crypto industry anticipates increased adoption and diverse payment opportunities. End of US-Saudi Petrodollar Agreement Heralds New...

South Korea to Unveil Stringent Rules for Digital Assets, NFTs Under Tight Scrutiny

Jun 10, 2024 18:59 pm UTC| Technology Digital Currency

South Korea is set to introduce stringent regulations for digital assets, including non-fungible tokens (NFTs), under the new Virtual Asset User Protection Act, aiming to enhance transparency and security. New...

FxWirePro- Ethereum Daily Outlook

Jun 10, 2024 11:17 am UTC| Technicals Digital Currency

ETHUSD pared some of its gains on strong US dollar.Ithit alow of $3575 yesterday and is currently trading around $3672. Asset manager ProShares submitted a19b-4 form with SEC on Thrusday. Before commencement of trading...

FxWirePro- BTCUSD Daily Outlook

Jun 10, 2024 10:18 am UTC| Technicals Digital Currency

BTCUSD pared some of its gains on strong US jobs data on Friday. It hit alow of $68450 yesterday andis currently trading around $69347. The surge in US jobs has decreased the chance of rate cut by fed in Sep.Markets eye...

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Economy

Wall Street Reconsiders Fed’s Half-Point Rate Cut as Inflation Concerns Resurface

Wall Streets optimism over the Federal Reserves recent half-point rate cut is fading, with analysts raising concerns about potential inflation risks after a robust jobs report. Many now suggest the central bank may need to...

Saudi Arabia Raises Oil Prices for Asia Amid Market Volatility and Middle East Tensions

Saudi Arabia has raised its official selling price for Arab Light crude to Asia by 90 cents per barrel amid rising market volatility and geopolitical tensions in the Middle East. This move, surpassing market expectations,...

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...

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

SpaceX Prepares to Launch NASA’s Europa Clipper Mission to Jupiter’s Moon Next Week

SpaceX is gearing up for the much-anticipated launch of NASAs Europa Clipper mission to Jupiters moon, Europa, next week. After overcoming recent Falcon 9 setbacks, SpaceX has encapsulated the satellite within the Falcon...

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...

Technology

Tesla to Raise $783 Million Through Debt Sale Secured by Prime Auto Leases

Tesla is set to raise $783 million by selling debt backed by prime automotive leases, Bloomberg reported. The deal, led by Societe Generale, is expected to be priced next week, marking Teslas second asset-backed security...

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...