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Digital Currency Revolution

Google Faces DOJ Pressure to Sell Chrome, Android, and AI Stakes to Fix Search Monopoly

Nov 21, 2024 19:51 pm UTC| Digital Currency Technology Business

The Department of Justice has urged a federal judge to make Google sell its Chrome browser and Android OS, among other remedies, to break its dominance in online search. The DOJ says drastic measures are needed to restore...

Digital Currency Revolution

Bitcoin ETFs Hit $104 Billion, Outpacing Gold ETFs in Growth Amid Post-Election Market Optimism

Nov 21, 2024 17:18 pm UTC| Digital Currency Technology Business Politics

Bitcoin ETFs achieved a record-breaking $104 billion in net assets, boosted by Donald Trumps presidential win and growing investor appetite for cryptocurrencies. With Bitcoin ETFs rapidly closing the gap with gold ETFs,...

Digital Currency Revolution

5 Crucial Metrics Shaping Ethereum’s Next Move: Whale Activity and Network Growth in Focus

Nov 21, 2024 16:50 pm UTC| Digital Currency Technology Business

Ethereums price movement hinges on five pivotal indicators, including whale netflows and transaction growth, according to IntoTheBlock. Mixed signals emerge as ETH trades at $3,323, with long-term investors continuing to...

Digital Currency Revolution

Bitcoin Soars Past $98,000, Catapults Satoshi Nakamoto Into World's Top 20 Billionaires

Nov 21, 2024 16:11 pm UTC| Digital Currency Technology Business

Bitcoin shattered records by surpassing $98,370 on Thursday, propelling its mysterious creator Satoshi Nakamoto into the ranks of the worlds wealthiest. With holdings of approximately 1.1 million BTC now valued at over...

Digital Currency Revolution

Why Bitcoin’s Rally Has Traders Eyeing $135K Amid Trump’s Crypto Policy Push and ETF Boom

Nov 21, 2024 15:50 pm UTC| Digital Currency Technology Business Politics

Bitcoin is surging as Trumps team explores creating a White House crypto policy role, adding to momentum from strong ETF inflows. Analysts predict BTC could reach $135K by year-end, while Ethereum struggles against...

Digital Currency Revolution

Shiba Inu Supply Shrinks as Burn Rate Hits 2225%; Meme Coin Bulls Brace for Next Rally

Nov 21, 2024 15:18 pm UTC| Digital Currency Technology Business

Shiba Inus supply took a significant hit on November 21, as its burn rate rose 2225% with 14.58 million tokens destroyed. Despite a 2% price decline, market sentiment stays bullish amid monthly gains and favorable on-chain...

Digital Currency Revolution

Bitcoin Continues To Dominate The Crypto Market, Just 10% Away From $100K

Nov 21, 2024 10:34 am UTC| Business Digital Currency

Bitcoin continues to dominate the crypto market, just 10% away from the highly anticipated $100,000 mark. It is drawing investor and institutional attention as it edges closer to this historic milestone. Bitcoins price...

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Economy

Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes

Brent crude oil prices have tumbled more than 11% this week after the United States and Iran agreed to a two-week ceasefire, raising hopes that the Strait of Hormuz one of the worlds most critical oil shipping lanes ...

Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates

Bank of Japan Governor Kazuo Ueda reaffirmed on Thursday that Japans real interest rates remain firmly in negative territory, signaling that the countrys financial conditions continue to support economic growth. His...

Japan Consumer Confidence Drops Sharply Amid Rising Fuel Costs and Middle East Tensions

Japans consumer confidence took a significant hit in March, declining for the first time in three months as escalating fuel costs linked to the ongoing Middle East conflict continued to weigh heavily on the countrys...

China Set to Exit Deflation Cycle in Early 2026, ANZ Analysts Say

China may be closer to ending its prolonged deflationary period than financial markets currently anticipate, according to a recent note from ANZ analysts. The bank projects that three key price indicators the producer...

Asian Currencies Hold Steady as Middle East Ceasefire Doubts Weigh on Markets

Asian currencies showed little movement on Thursday following strong gains in the prior session, as investor caution mounted over the stability of a U.S.-Iran ceasefire deal amid escalating Middle East tensions. The U.S....

Politics

Trump Warns Iran: No Deal Means Military Action as U.S. Forces Hold Position

President Donald Trump escalated tensions with Iran on Wednesday, declaring that all U.S. military assets including ships, aircraft, and personnel would remain stationed in the region until a formal agreement with Tehran...

U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home

Treasury Secretary Scott Bessent is calling on Congress to pass landmark federal cryptocurrency legislation, warning that regulatory uncertainty is pushing blockchain innovation and investment out of the United States. In...

North Korea Tests Advanced Cluster Bombs, Electromagnetic Weapons in Latest Military Display

North Korea has conducted a series of weapons tests this week, showcasing cutting-edge military technology including cluster-bomb warheads, electromagnetic weapons, and carbon-fibre bombs, according to state media outlet...

Trump Pardon Clears Juan Orlando Hernández as U.S. Court Dismisses Drug Conviction Appeal

A U.S. federal appeals court has dismissed the case against former Honduran President Juan Orlando Hernández, vacating his prior conviction following a presidential pardon granted by Donald Trump in December. The...

Taiwan Defense Budget: U.S. Senator Urges Legislature to Pass Spending Plan

Republican Senator Jim Banks visited Taipei and delivered a direct message to Taiwans President Lai Ching-te: the islands parliament must stop stalling and approve a proposed special defense budget. Banks, a member of the...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...