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Fri, Jul 05, 2024 01:56 AM All times are UTC

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Digital Currency Revolution

Hong Kong's First ETFs Underperform Expectations as Bitcoin Falls Below $62K

Apr 30, 2024 15:12 pm UTC| Technology Digital Currency

In a disappointing debut, Hong Kongs inaugural Bitcoin and Ether ETFs attracted minimal trading volume, contributing to a sharp 2% drop in Bitcoin prices to just under $62,000 and a 2.8% decline in Ether, as investors...

FxWirePro- Ethereum Daily Outlook

Apr 30, 2024 11:35 am UTC| Technicals Digital Currency

ETHUSD lost its shine and followed in the footsteps of BTC.It hit a low of $3014.30at the time of writingand is currently trading around $3016.70. Six whales including FTX/Alameda dumped almost 44000 ETH, according to...

FxWirePro- BTCUSD Daily Outlook

Apr 30, 2024 11:27 am UTC| Technicals Digital Currency

BTCUSD pared most of its gains ahead of FOMC monetary policy. It hita low of $61447at the time of writing andis currently trading around $61586. Hongkong BTC and ETH ETF goes live today. Australia plans to approve a...

FxWirePro- TRXUSD (chart of the day)

Apr 30, 2024 11:08 am UTC| Technicals Digital Currency

TRON is an ambitious project dedicated to the establishment of a truly decentralized Internet and its infrastructure. The TRON Protocol, one of the largest blockchain-based operating systems in the world, offers public...

Shiba Inu Price Forecast: Historical Data Predicts May Movement

Apr 30, 2024 07:02 am UTC| Technology Digital Currency

As April ends, the Shiba Inu cryptocurrency faces crucial market trends, with historical data indicating a possible continuation of its recent price declines into May. Past performance suggests a trend of downturns during...

Digital Currency Revolution

MicroStrategy Acquires 122 More Bitcoins, Total Holdings Soar to 214,400 BTC

Apr 30, 2024 05:10 am UTC| Technology Digital Currency Business

In a bold move underscoring its commitment to digital currency, MicroStrategy announced the acquisition of an additional 122 bitcoins this April, taking its total holdings to 214,400 BTC. This acquisition, valued at...

Digital Currency Revolution

Spot Bitcoin ETFs Begin Trading in Hong Kong, Marking New Investment Era

Apr 30, 2024 05:04 am UTC| Technology Digital Currency Business

In a significant development, Spot Bitcoin exchange-traded funds (ETFs) commenced trading today in Hong Kong. This launch, eagerly anticipated by domestic and international investors, positions Hong Kong as a key hub for...

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Economy

Busan Designated as Special Financial Opportunity Zone, Heralding a New Financial Ecosystem

Busans Munhyeon Financial District and the second phase of the North Port redevelopment area have been designated as a Financial Opportunity Advancement Zone. Companies relocating to this special zone will receive...

People are spending hours clicking on a banana to (maybe) make some money

In the ever-evolving online gaming landscape, one seemingly simple online game has captivated players. The free-to-play clicker Banana has amassed more than 850,000 concurrent players on the gaming platform Steam. The...

Dutton goes nuclear, proposing seven government-owned generators with the first starting in 2030s

Opposition leader Peter Dutton has announced seven sites for reactors, unveiling his long-awaited and highly-controversial policy for nuclear power with the claim it could start operating from the 2030s. The locations...

Please stop obsessing over words. It’s quite simple: the RBA thinks inflation is too high

These days every word of every statement from the Reserve Bank Governor Michele Bullock is pored over in minute detail as is every word uttered at her press conference after each Reserve Bank board meeting. Desperate...

G7 overcomes internal wrangling and ‘irrelevance’ barbs to strike US$50 deal to support Ukraine

In the 26 months since Russia invaded Ukraine in February 2022, the west has been riven with disagreement about how much and what support it will provide for Volodymyr Zelenskys government. There are two main reasons for...

Politics

Joe Biden's 2024 Campaign Exit Seen as Imminent; Kamala Harris Likely to Step In, Source Claims

A few within President Joe Bidens team anticipate his withdrawal from the 2024 presidential run shortly due to his abysmal performance in the debate, a new report claimed. TMZ reported that an unidentified high-ranking...

Michelle Obama Leads Donald Trump by Double Digits in Hypothetical 2024 Race; Joe Biden's Future in Question

A recent poll has determined that Michelle Obama would emerge victorious in a hypothetical 2024 presidential election against Donald Trump, although all other probable candidates to replace Joe Biden would be...

Joe Biden Admits Struggles in Candidacy as Debate Performance Falters; Kamala Harris Emerges as Leading Successor

US President Joe Biden is reportedly aware that he may lose his candidacy after his worrying performance in the debates caused his allies to be concerned and question his chances of defeating Donald Trump in the November...

Microsoft-G42 Deal Forces Huawei Exit, White House Hails Move

The White House praised Microsofts $1.5 billion investment in G42, emphasizing the positive impact of ending relations with Huawei on AI security. White House Sees Positive Shift in UAE Tech Alliances According to...

Tony Blair sold the UK on a vision for the future. Can Keir Starmer do the same to return Labour to power?

When British Prime Minister Rishi Sunak announced the UK general election outside 10 Downing Street in the pouring rain last month, the ignominy of the moment was compounded by the sound of a protester playing Things Can...

Science

SpaceX to Help NASA Deorbit ISS; Starlink Lands Major Comcast Business Partnership

SpaceX will develop the U.S. Deorbit Vehicle so that NASA can safely deorbit the ISS by 2030. Meanwhile, SpaceX Starlink secures a significant partnership with Comcast Business to enhance rural connectivity. NASA Taps...

Japan Discovers 230 Million Ton Manganese Deposits, Boosting EV Battery Industry

Japan has discovered 230 million tonnes of manganese deposits near Minami-Torishima Island, potentially transforming its EV battery industry by significantly reducing reliance on imports and providing enough cobalt and...

Keeping astronauts healthy in space isn’t easy − new training programs will prepare students to perform medicine while thousands of miles away from Earth

In the coming decade, more people will go to space than ever before as human spaceflight enters a new era. NASA, the European Space Agency and other governmental agencies are partnering to develop crewed missions beyond...

Nations realise they need to take risks or lose the race to the Moon

The Nasa-led Artemis-3 mission will place the first human boots on the surface of the Moon since Apollo 17s Gene Cernan and Harrison Schmitt left the lunar surface in December 1972. The goal of the Artemis programme is...

Some of Earth’s most ancient lifeforms can live on hydrogen – and we can learn from their chemical powers

Three-quarters of all matter in the universe is made up of hydrogen. The young Earth was also rich in hydrogen, thanks to fierce geological and volcanic activity. Just as stars burn hydrogen to produce heat and light...

Technology

Hamster Kombat Surpasses 239M Users in 81 Days; Anticipated Airdrop Prompts Speculations

Hamster Kombat has achieved a staggering 239 million users in just 81 days, igniting speculation about the anticipated airdrop. Hamster Kombats Impressive User Growth Durov boasted about the viral clicker games...

Dogecoin Whale Accumulates 90M DOGE Amid Market Collapse, Sparking Price Optimism

On July 4, a significant Dogecoin investor acquired 90 million DOGE from Binance, fueling optimism for a potential price increase despite the recent market downturn. This whales accumulation indicates strong confidence in...

French Billionaire Xavier Niel Unveils Revolutionary AI Voice Assistant 'Moshi'

French billionaire Xavier Niels AI lab, Kyutai, launched Moshi, a voice assistant with 70 human-like emotions that could revolutionize human-machine communication. Kyutai Unveils Emotionally Intelligent AI Voice...

German Government Transfers $172M in Bitcoin to Crypto Exchanges and Wallets

The German government transferred over 3,000 Bitcoin, valued at $172 million, to various crypto exchanges and an unknown wallet on July 4, potentially impacting market dynamics, according to blockchain investigator...

Bitcoin to Plunge Below $50K Amid Rising Sell Flows, Warns 10x Research

Bitcoins price is projected to drop below $50,000, driven by accelerating sell flows and a marked decrease in buy flows, according to 10x Research. 10x Research Predicts Bitcoins Sharp Decline to $50K as Sell Flows...