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Tue, Oct 08, 2024 04:42 AM All times are UTC

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Digital Currency Revolution

Bitcoin Miners Brace for Post-Halving Profit Challenges

Jan 26, 2024 04:57 am UTC| Business Digital Currency

According to financial services firm Cantor Fitzgerald analysts, eleven of the largest publicly traded Bitcoin miners may face profitability challenges. Their research suggests that if the price of BTC fails to...

Bitcoin Correction Nears End Before Massive Bull Run, Crypto Expert Says

Jan 26, 2024 02:28 am UTC| Digital Currency

Ethereum is positioned at a pivotal moment, as acclaimed crypto analyst Michal van de Poppe predicts a potential surge in value. Through a recent tweet, van de Poppe shared his insights, suggesting that Ethereum is nearing...

Three Arrows' Su Zhu Starts New HK Crypto Exchange After Jail-time

Jan 26, 2024 02:23 am UTC| Digital Currency

Su Zhu, the co-founder of the now-defunct cryptocurrency hedge fund Three Arrows Capital, recently made headlines for his unexpected remarks regarding his time in prison. After being released last month, Zhu...

Seized $131M Bitcoin For Sale by US Government

Jan 26, 2024 02:05 am UTC| Digital Currency

Recently, the U.S. government has taken steps to sell a significant amount of Bitcoin (BTC) valued at approximately $130 million. This cryptocurrency was previously confiscated in connection with the notorious Silk Road...

FxWirePro- Ethereum Daily Outlook

Jan 25, 2024 14:33 pm UTC| Technicals Digital Currency

ETHUSD is consolidating after a massive sell-off. It hit a high of $2264 yesterday and is currently trading around $2225.80. The Securities and Exchange Commission (SEC) delayed its timeline for Blackrock ETH ETF to...

FxWirePro- BTCUSD Daily Outlook

Jan 25, 2024 11:20 am UTC| Technicals Digital Currency

BTCUSD prices hold above $40000 after a massive sell-off. It hit a high of $40500 and is currently trading around $ 40045. Economic data- US flash manufacturing and services PMI in Jan came at 50.30 and 52.90...

FxWirePro- HNTUSD( Chart of the day)

Jan 25, 2024 10:49 am UTC| Technicals Digital Currency

The Helium network is a decentralized wireless network that enables devices anywhere in the world to connect to the Internet and geolocate themselves without the need for power-hungry satellite location hardware or...

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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

Elon Musk Blasts Bill Gates and Billionaire Elite: 'They're Terrified Donald Trump Will Expose the Epstein Client List'

Elon Musk has once again ignited controversy, this time by suggesting that several billionaires, including Microsoft co-founder Bill Gates, are supporting Kamala Harris in an attempt to prevent former President Donald...

$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

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

Nvidia Stock Skyrockets, Pushing AI Tokens NEAR, TAO, FET Into Overdrive—What’s Next?

Nvidias stock has hit a six-week high, triggering sharp rallies in AI tokens NEAR, TAO, and FET. Analysts expect the bullish trend to continue as Nvidia unveils more AI advancements at its summit. Nvidia Stock Climbs as...

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...