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Australia's Retail Growth Stalls: Below Expectations in May

Jul 02, 2025 02:43 am UTC| Insights & Views

Reaching A$37. 3 billion, Australias retail sales in May 2025 increased 0. 2% month-on - month. Though consistent with Marchs performance, this growth rate trailed market expectations of a 0. 3% increase and followed a...

BitMine’s $250M Ethereum Bet Sets Stage for Bull Run – Is $4,000 Next?

Jul 01, 2025 11:27 am UTC| Digital Currency Insights & Views

ETHUSD trades flat with positive bias. It hits an intraday low of $2445 and is currently trading around $2454. BitMine Immersion Technologies (BMNR) recently secured $250 million through a private share placement, with...

BNB Surges Above $650: Maxwell Hard Fork Ignites Bullish Momentum and Network Boom

Jul 01, 2025 11:24 am UTC| Digital Currency Insights & Views

BNB/USDholds above $650 ahead of the Maxwell hardfork. It hits a high of $660.30 and is currently trading around $652.80. Halving block times from 1.5 seconds to 0. 75 seconds, effectively doubling transaction volume...

Algorand Powers Ahead in 2025: Innovation Fuels ALGOUSD’s Bullish Momentum

Jul 01, 2025 08:57 am UTC| Digital Currency Insights & Views

Algorands 2025 Breakthroughs: Partnerships, Tech, and Real-World Impact With important partnerships, technological upgrades, and ecosystem expansion, Algorand has advanced considerably in 2025, thereby strengthening its...

Senator Lummis Pushes for Crypto Tax Relief: Double Taxation Out, Innovation In

Jul 01, 2025 04:52 am UTC| Digital Currency Insights & Views

Significantly lowered taxes for cryptocurrency miners and stakers in the United States have been proposed by Senator Cynthia Lummis amendment to the Big Beautiful Bill. This amendment seeks mostly to remove the double...

China's Factories Rebound: A Closer Look at the June PMI Surge

Jul 01, 2025 02:10 am UTC| Insights & Views

The Caixin China General Manufacturing PMI for June 2025 registered a modest increase, rising to 50.4 from 48.3 in May, thereby indicating a return to expansionary territory for Chinas manufacturing sector. This rebound at...

RLUSD: The Fastest Stablecoin on the Rise

Jun 30, 2025 10:40 am UTC| Digital Currency Insights & Views

With its circulating supply increasing by almost 50% to reach $455 million by the end of June 2025, Ripples RLUSD became the fastest-expanding stablecoin. Driven by over $150 million in fresh issuance, this major growth...

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Economy

Oil Prices Hold Near Multi-Year Highs Amid Iran Conflict and Hormuz Supply Fears

Oil prices remained elevated during Asian trading on Wednesday as markets processed mixed signals surrounding the ongoing conflict with Iran. Brent crude futures for June climbed 0.5% to $104.47 per barrel, while West...

Asian Stocks Surge on Trump's Iran War Comments and Dip-Buying

Asian equity markets posted strong gains on Wednesday, driven by U.S. President Donald Trumps remarks signaling a potential end to military operations against Iran within two to three weeks. Renewed investor optimism,...

Japan Business Sentiment Rises as Iran War Fuels Inflation Fears, BOJ Rate Hike Looms

Japans corporate confidence strengthened for the fourth consecutive quarter through March 2026, reinforcing expectations that the Bank of Japan (BOJ) may raise interest rates as early as this month. However, mounting...

Japan's Business Confidence Rises Despite Iran War Uncertainty, BOJ Rate Hike Expected

Japans large manufacturers reported improved business sentiment in the three months to March, according to the Bank of Japans closely watched Tankan survey released Wednesday. The headline index for big manufacturers...

South Korea Manufacturing PMI Hits 4-Year High in March 2025 Driven by Semiconductor Demand

South Koreas manufacturing sector delivered a standout performance in March, with factory activity accelerating to its strongest level in over four years. Data from SP Globals Purchasing Managers Index showed a reading of...

Politics

FBI Launches Independent Cuba Probe After Deadly Speedboat Shootout

A team of FBI agents traveled to Cuba this week to conduct an independent investigation into a deadly maritime confrontation involving ten Cuban exiles who attempted to infiltrate the island by speedboat under cover of...

Carney and Trump Discuss Middle East Crisis in High-Stakes Phone Call

Canadian Prime Minister Mark Carney and U.S. President Donald Trump connected over the phone on Wednesday to address the ongoing conflict in the Middle East, among other pressing global issues. The call marked another...

Bahamas Calls Snap Election for May 12 Amid Cost of Living Concerns

Prime Minister Philip Davis announced Wednesday that the Bahamas will hold an early general election on May 12, moving the vote several months ahead of its originally scheduled mid-October date. Davis confirmed he will...

Trump's NATO Threat Looms as Rutte Plans Washington Visit

NATO Secretary-General Mark Rutte is set to visit Washington next week in what the alliance has described as a long-planned trip, arriving at a particularly tense moment in transatlantic relations. NATO spokesperson...

Mexico's Foreign Minister Juan Ramon de la Fuente Steps Down for Health Reasons; Roberto Velasco Nominated as Successor

Mexican President Claudia Sheinbaum announced Wednesday that Foreign Minister Juan Ramon de la Fuente is stepping down from his position due to ongoing health concerns. Sheinbaum has nominated Roberto Velasco, the current...

Science

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

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 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...

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...

Technology

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...

Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers

Microsoft Corporation (NASDAQ: MSFT) is reportedly in exclusive negotiations with Chevron Corp (NYSE: CVX) and investment firm Engine No. 1 to develop a massive energy complex in West Texas dedicated to powering its...
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