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Crypto Analyst Benjamin Cowen Says ETH Can Crash to $1,000, But Why?

Jan 29, 2024 05:09 am UTC| Digital Currency Insights & Views

Crypto analyst Benjamin Cowen anticipates Ethereum (ETH) undergoing a sharp correction and potentially falling below the $1,000 threshold. With a substantial following of 790,000 subscribers on YouTube, Cowen drew...

Floki Team Responds to Hong Kong SFC Regulations Against Crypto Staking

Jan 29, 2024 04:53 am UTC| Digital Currency

The Securities and Futures Commission (SFC) of Hong Kong has raised a red flag, advising the public to exercise caution when considering high-yield crypto investment schemes. Notably, the SFC has singled out the Floki...

US Extradition of $575M Crypto Fraudsters from Estonia Underway

Jan 29, 2024 03:58 am UTC| Digital Currency

Estonia has reportedly made a significant decision to extradite two of its citizens to the United States following their alleged involvement in a massive cryptocurrency fraud and money laundering scheme amounting to $575...

Digital Currency Revolution

Ethereum Scaling Solution AltLayer Launches With $100 Million Airdrop

Jan 26, 2024 07:49 am UTC| Business Digital Currency

AltLayer recently became the first of at least three protocols to go live with an impressive $100 million token airdrops scheduled for the upcoming week. The launch marks a milestone in the field of blockchain technology,...

African Fintech Industry Thriving, Investors Flock for Next-gen Tech

Jan 26, 2024 07:09 am UTC| Digital Currency

Financial services incumbents and venture capitalists are taking center stage in bolstering Africas burgeoning FinTech sector, yet startups are advocating for more regulatory support to facilitate smoother scaling...

Coins.ph Enters Global Market With Crypto Remittances Feature

Jan 26, 2024 06:38 am UTC| Digital Currency

Coins.ph, a digital asset exchange and wallet provider based in the Philippines, has unveiled plans for further expansion into Europe and Latin America, aiming to solidify its presence on five continents. This strategic...

OKX Exchange's OKB Token Recovers After Stark 48% Flash Crash

Jan 26, 2024 06:04 am UTC| Digital Currency

Cryptocurrency exchange OKX encountered a sudden and significant flash crash, resulting in a staggering 48% decline in the value of its native token, OKB. Market Turbulence and Rapid Recovery Within less than an...

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Economy

Ares Management to Acquire GLP Capital Partners' Global Operations

A Major Acquisition in Asset Management Ares Management is set to acquire GLP Capital Partners operations outside of China, according to a Bloomberg report. The official announcement is expected soon, potentially as...

Boeing Union Strike Continues as Contract Negotiations Stall

Contract negotiations between Boeing and its largest union, representing 33,000 U.S. West Coast factory workers, remain unresolved after a 25-day strike. The ongoing strike has severely impacted the production of Boeings...

China NDRC - Key takeaways

The National Development and Reform Commission (NDRC) said downward pressure on the Chinese economy is increasing. Key Takeaways Chinese economy is stable and ZHAO from NDRC confident of achieving economic...

Oil Prices Drop Amid Profit-Taking and Middle East Conflict Concerns

Oil Prices Fall After Reaching One-Month Highs Oil prices dipped in Asian trading on Tuesday, retracting from the one-month highs achieved last week due to heightened concerns over the Middle East conflict. Traders...

Bernstein's Positive Outlook on Japanese Semiconductor Stocks Amid AI Boom

Bernstein Predicts Growth in Japanese Semiconductor Stocks, Led by AI Demand Bernstein has initiated coverage on Japanese semiconductor stocks with a bullish outlook, citing a global rise in chip demand, particularly...

Politics

$1500 Child Stimulus Payment 2024: A Lifeline for New Parents? Families Are 'Desperate' for This Financial Boost

Amid rising inflation and economic pressures, Michigans latest initiative, the $1500 Child Stimulus Payment 2024, has been heralded as a critical financial relief program for families. Launched to help residents,...

7 Major Accomplishments of Melania Trump During Her Tenure as First Lady of the United States

Melania Trumps tenure as First Lady of the United States (FLOTUS) was marked by several key accomplishments that reflect her personal initiatives and influence. Her legacy as the wife of the 45th president, Donald Trump,...

Is Jill Biden Secretly 'Running the Show' as Joe Biden's Health Declines? Shocking Claims Stir D.C.

Speculation surrounding the role of First Lady Jill Biden in her husbands administration has ignited fresh controversy amid ongoing concerns about President Joe Bidens health. With whispers about his alleged cognitive...

Melania Trump vs. Michelle Obama: Why Critics Claim Melania’s Memoir is a ‘Must-Read,’ While Michelle’s Book Falls Short?

The battle of the first ladies extends beyond the White House and into the world of publishing. With both Melania Trump and Michelle Obama releasing memoirs, readers have been quick to compare the two. Surprisingly, some...

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...

Technology

Hong Kong Ramps Up Crypto Licenses: 11 Exchanges Await Approval by Year’s End

The Securities Futures Commission in Hong Kong plans to license 11 virtual asset trading platforms by the end of 2024 as part of its renewed regulatory efforts to manage the growing cryptocurrency market. Hong Kong to...

Samsung Rejects Rumors of Spinning Off Foundry Business Amid Market Challenges

Samsung Electronics Chairperson Jay Y. Lee stated that the company has no intention of spinning off its foundry or logic chip designing businesses. Despite significant challenges in securing consumer orders, Samsung...

China Reports Breakthrough in Silicon Photonics Amid Ongoing U.S. Export Restrictions on EUV Technology

China has announced a significant advancement in silicon photonics technology, potentially circumventing U.S. export restrictions on EUV lithography. JFS Laboratory in Wuhan successfully integrated a silicon-based chip...

Telegram's Dark Turn: Southeast Asia's Criminal Networks Exploit App for Global Scams

Telegram has become a hotbed for Southeast Asian criminal networks, facilitating the sale of hacked data, malware distribution, and unregulated cryptocurrency exchanges, according to a UN report exposing a...
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