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Digital Currency Revolution

Ether ETF Approved, but Why Isn't Ethereum Surging? Market Reactions Analyzed

May 24, 2024 04:18 am UTC| Technology Digital Currency

Despite the SECs historic approval of spot Ether ETFs, ETH prices have remained stable. Experts suggest the market anticipated the news, and ETF inflows may drive future price increases. Ether Price Stays Stable Despite...

Digital Currency Revolution

Japan’s Metaplanet Stock Surges 158% After Bitcoin Strategy Adoption

May 24, 2024 03:50 am UTC| Technology Digital Currency

Japans Metaplanet stock skyrocketed 158% after adopting a strategic Bitcoin investment plan, marking a significant rise in investor interest and confidence in cryptocurrency. Metaplanet Halts Trading After Stock Surges...

ASML and TSMC Prepared to Use Kill Switch if China Invades Taiwan

May 24, 2024 03:07 am UTC| Technology

ASML and TSMC have a kill switch that can remotely disable chipmaking machines if China invades Taiwan, raising global concerns over the semiconductor industrys vulnerabilities. Global Concerns Rise as ASML and TSMC...

Digital Currency Revolution

Resolution Overturning SEC Crypto Rule Awaits Joe Biden's Decision — What's Next?

May 24, 2024 02:20 am UTC| Technology

President Joe Biden has ten days to decide on H.J.Res.109 seeks to overturn the SECs crypto rule, which would impact financial institutions that deal with cryptocurrency startups. Despite House Approval, Bidens...

Digital Currency Revolution

BREAKING: SEC Officially Approves Spot Ether ETFs, Marking Major Crypto Milestone

May 24, 2024 01:50 am UTC| Technology Digital Currency

The SEC has approved the first spot of Ether ETFs, a pivotal step in cryptocurrency regulation, allowing Ether to be traded on major U.S. exchanges. SEC Approves Spot Ether ETFs, Paving the Way for Major U.S. Exchange...

Digital Currency Revolution

CNBC Fast Money Trader Predicts Solana ETF Next, Ignites Industry Debate

May 23, 2024 17:59 pm UTC| Technology Digital Currency

Brian Kelly, a CNBC contributor and cryptocurrency investor, stated that Solana is one of the big three coins, implying that it will be the next to gain ETF treatment. Brian Kelly Predicts Solana Could Be the Next US...

Shiba Inu Magazine Unveils 25th Edition, SHIB & K9 To Seize Global Limelight

May 23, 2024 17:48 pm UTC| Technology Digital Currency

The Shib magazine has released its 25th edition, maintaining its legacy of highlighting the vibrant Shiba Inu (SHIB) community and its pioneering projects. This issue celebrates the Shiba spirit as a lead-up to the...

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Economy

How the US–India tariff truce boosts major Indian industries, Surat to Pharma

With zero-duty treatment for flagship products including gems and diamonds, generic drugs, and certain aircraft parts, the new USIndia interim trade agreement reduces US tariffs on Indian products from roughly 25% (close...

Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens

A major Australian pension fund is ramping up its currency hedging strategy as expectations grow that the Australian dollar is undervalued and poised to strengthen further. HESTA, one of Australias largest superannuation...

Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market

Lee Seung-heon, a leading candidate to become the next governor of the Bank of Korea (BOK), has voiced support for raising property ownership taxes as a way to curb surging home prices, while warning that a shift toward...

Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk

Most Asian currencies traded within a narrow range on Monday, reflecting cautious sentiment as investors awaited key economic data from the United States and China. The Japanese yen edged slightly higher after Japans...

Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data

Gold prices edged higher during Asian trading on Monday, with silver also posting strong gains, as precious metal markets attempted to stabilize after a week marked by sharp volatility. The rebound comes amid lingering...

Politics

China Overturns Death Sentence of Canadian Robert Schellenberg, Signaling Thaw in Canada-China Relations

Chinas top court has overturned the death sentence of Canadian national Robert Schellenberg, a major development in a long-running drug smuggling case that has strained diplomatic relations between Canada and China for...

Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible

Taiwan has firmly rejected calls from the United States to relocate a large portion of its semiconductor manufacturing capacity, with senior officials stressing that the islands chip industry cannot be uprooted. Taiwan...

Trump Slams Super Bowl Halftime Show Featuring Bad Bunny

U.S. President Donald Trump sparked fresh controversy after criticizing the Super Bowl halftime show fronted by global music star Bad Bunny, calling the performance absolutely terrible in a social media post shared on...

Bangladesh Election 2026: A Turning Point After Years of Political Suppression

Bangladesh is heading into what many describe as its most competitive national election in more than a decade, marking a dramatic reversal of political fortunes after years of one-party dominance. For 15 years under former...

Ghislaine Maxwell to Invoke Fifth Amendment at House Oversight Committee Deposition

Ghislaine Maxwell, a longtime associate of the late financier Jeffrey Epstein, plans to refuse to answer questions during a scheduled deposition before the U.S. House Committee on Oversight and Government Reform on Monday,...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Samsung Electronics shares surged on Monday following reports that the South Korean tech giant is set to begin mass production of its next-generation HBM4 memory chips, a key component in artificial intelligence hardware....

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...