Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Digital Currency

Tue, Oct 08, 2024 11:46 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Digital Currency Revolution

Etherscan Acquires Solscan Solana Block Explorer to Innovate and Expand Blockchain, Web3 Services

Jan 04, 2024 08:28 am UTC| Business Digital Currency Investing

Etherscan is a known block explorer and analytics platform for Ethereum, and it announced its acquisition of Solscan, a user-friendly and real-time update scanning tool for the Solana ecosystem. This deal also marks the...

Nigeria Imposes Strict Crypto Rules After Lifting Ban

Jan 04, 2024 08:27 am UTC| Digital Currency

Nigeria has been a focal point in cryptocurrency discussions, predominantly driven by its surging adoption. However, a lack of clear regulations prompted the apex bank in the country to impose a ban on digital asset...

FxWirePro- Ethereum Daily Outlook

Jan 03, 2024 12:26 pm UTC| Technicals Digital Currency

ETH prices showed a minor sell-off after forming a double top around $2450. ETHUSD is consolidating in a narrow range between $2447 and $2115 for the past four weeks. According to Santiment data, ETH supply on...

FxWirePro- BTCUSD Daily Outlook

Jan 03, 2024 11:47 am UTC| Technicals Digital Currency

BTCUSD surged sharply for the past two days and hit a 21-month high as demand for safe-haven demand increased. It hit a high of $45922 and is currently trading around $45081. BTC ETF According to a Reuters...

fxWirePro- Ordinals

Jan 03, 2024 11:06 am UTC| Research & Analysis Digital Currency

The NFT marketplace is dominated by major players like Ethereum and Solana. Due to poor architecture and lack of smart contract capability. The implementation of Segwit and Taproot in Bitcoin protocol made Bitcoin Ordinals...

FxWirePro- ICPUSD (Chart of the day)

Jan 03, 2024 10:18 am UTC| Technicals Digital Currency

Ichimoku Analysis (4 hour chart) Tenken-Sen- $14.39 Kijun-Sen- $12.83 ICPUSD was one of the best performers this month. Any daily close above $15.25 confirms further...

Visa-Backed Crypto Venture Chooses Fair Token Offering Launch Over ICO

Jan 03, 2024 10:01 am UTC| Digital Currency

Playbux, a pioneering Web3 entertainment platform, is set to revolutionize fundraising by conducting a Fair Community Offering (FCO) to raise $150,000 from the public later this month. Departing from the traditional...

361 362 363 364 365 366 367 368 369 370

Economy

Mainland Chinese Stocks Surge Amid Stimulus Optimism

Mainland Chinese stocks surged to multi-year highs after returning from an extended break, fueled by investor excitement over Beijings aggressive stimulus measures. The CSI300 blue-chip index jumped 5.5% in early trade to...

Mainland Chinese Stocks Surge Amid Stimulus Optimism

LG Energy Solution Secures 10-Year EV Battery Supply Deal with Mercedes-Benz

LG Energy Solution Signs Major EV Battery Deal with Mercedes-Benz South Koreas LG Energy Solution has signed a major agreement to supply electric vehicle (EV) batteries to a Mercedes-Benz affiliate in North America and...

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...

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

Apple's 'Serious' AI Push with Apple Intelligence Delayed Until 2027, Analyst Warns

Apples ambitious AI initiative, Apple Intelligence, wont offer serious capabilities until 2026 or 2027, according to analyst Edison Lee. This delay may impact iPhone sales growth, as significant AI advancements are still...

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...