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Australia's Inflation: Hot and Cold in Q1 2025

Apr 30, 2025 03:32 am UTC| Insights & Views

Australias CPI during the March quarter 2025 is a mixed bag. The CPI rose 0.9% quarter-on-quarter, sharply higher than the 0.2% rise in the preceding quarter. However, year-over-year CPI remained flat at 2.4%, still within...

Standard Chartered Says Bitcoin to $120K as ETF Inflows Surge

Apr 29, 2025 11:13 am UTC| Digital Currency Insights & Views

Bitcoin ETFs saw their momentum gain, with $591.2 million of net inflows on April 28, the seventh day in a row of favorable flow. BlackRocks iShares Bitcoin Trust (IBIT) was the driver with $970 million in one-day inflows,...

Silver Gains Momentum: Gold-Silver Ratio Signals Potential Breakout

Apr 29, 2025 11:01 am UTC| Insights & Views

Silvergained slightly after a minor decline. It hit alow of $32.65and is currently trading around $33.34. As of late April 2025, the gold-silver ratio stands at about 100:1, a peak not seen since the 2020 COVID-19...

Strategy Adds 15,355 BTC: Whale Dominance Continues

Apr 29, 2025 09:40 am UTC| Digital Currency Insights & Views

Apr. 21-27, 2025, Strategy, led by Michael Saylor, substantially grew its holding in Bitcoin, acquiring 15,355 BTC worth $1.42 billion in an average purchase price per BTC of $92,737. The purchase boosts their total...

Altcoin Alert: Crypto Whales Spark Buying Frenzy in UNI, WLD, and More!

Apr 28, 2025 15:37 pm UTC| Digital Currency Insights & Views

Crypto whales have been strategically accumulating altcoins in April 2025, signaling bullish sentiment and potential price rallies. Notable activity includes a 492% spike in NetFlow for Uniswap (UNI), a large buying of...

El Salvador's Bold Bitcoin Bet: Balancing Innovation, Regulation, and Economic Stability

Apr 28, 2025 03:14 am UTC| Digital Currency Insights & Views

El Salvador has continued to increase its Bitcoin holdings until the early months of 2025, maintaining over 6,158 BTC valued at approximately $515.85 million despite the volatility of the cryptocurrencys prices. The...

Why Silver Could Outshine Gold After Its Record Run

Apr 27, 2025 12:04 pm UTC| Economy Insights & Views

Golds recent surge has reaffirmed its role as a safe haven, but history suggests silver could soon take center stage. While gold touched a record high earlier this week, silver, often seen as golds less glamorous cousin,...

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Economy

Asian Markets Slide as Nvidia Earnings, U.S.-Iran Tensions and AI Valuations Weigh on Investor Sentiment

Asian stock markets declined on Friday as investors pulled back from risk assets, pressured by concerns over elevated technology valuations and persistent geopolitical tensions in the Middle East. Despite strong quarterly...

Gold Prices Steady in Asia, Set for Strong February Gains on Safe-Haven Demand

Gold prices held firm during Asian trading on Friday, positioning the precious metal for solid monthly gains as rising geopolitical tensions and global economic uncertainty boosted safe-haven demand. Investors continued to...

Venezuela Oil Exports to Reach $2 Billion Under U.S.-Led Supply Agreement

Venezuelas oil exports under a flagship oil supply agreement with the United States are projected to reach $2 billion by the end of February, according to U.S. Secretary of Energy Chris Wright. Speaking to reporters in...

Stock Market Movers: Dell, Block, Duolingo, Zscaler, CoreWeave, Autodesk, Rocket, MARA

Major U.S. stocks posted sharp moves following earnings reports, updated guidance, and strategic announcements, driving heightened activity across the broader stock market. Dell Technologies (DELL) surged 11% after...

PBOC Scraps FX Risk Reserves to Curb Rapid Yuan Appreciation

Chinas central bank has taken fresh steps to manage the rapid appreciation of the yuan, signaling concern over the currencys recent strength against the U.S. dollar. On Friday, the Peoples Bank of China (PBOC) announced it...

Politics

NYC Mayor Zohran Mamdani Meets President Trump to Tackle Housing Crisis and ICE Detentions

New York City Mayor Zohran Mamdani described his latest White House meeting with U.S. President Donald Trump as productive, highlighting discussions on affordable housing and recent student detentions by federal...

U.S.-Iran Nuclear Talks Show Progress but No Breakthrough Amid Rising Military Tensions

The United States and Iran reported progress in high-stakes negotiations over Tehrans nuclear program, but no final agreement was reached, leaving the threat of potential U.S. military action still looming. Mediator Oman...

Philippines, U.S., and Japan Conduct Joint Naval Drills in South China Sea to Boost Maritime Security

The navies of the Philippines, the United States, and Japan carried out joint military exercises in the South China Sea this week, reinforcing defense cooperation and regional maritime security. The Armed Forces of the...

Denver Mayor Orders Police to Protect Protesters, Restricts ICE Access to City Property

Denver Mayor Mike Johnston has signed a new executive order directing city police to protect peaceful protesters during federal Immigration and Customs Enforcement (ICE) operations and prohibiting ICE agents from using...

USITC to Review Impact of Revoking China’s PNTR Status, Potentially Raising Tariffs on Chinese Imports

The U.S. International Trade Commission (USITC) announced Thursday that it will investigate the economic impact of revoking Chinas Permanent Normal Trade Relations (PNTR) status, a move that could significantly increase...

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

Nintendo Share Sale: MUFG and Bank of Kyoto to Sell Stakes in Strategic Unwinding

Nintendo is reportedly preparing a major unwinding of strategic cross-shareholdings that could see MUFG Bank and the Bank of Kyoto sell significant stakes in the iconic Super Mario maker. According to sources familiar with...

Hyundai Motor Group to Invest $6.26 Billion in AI Data Center, Robotics and Renewable Energy Projects in South Korea

Hyundai Motor Group has signed a landmark agreement with the South Korean government to invest approximately 9 trillion won ($6.26 billion) in major industrial and technology projects along the countrys western coast....

Anthropic Refuses Pentagon Request to Remove AI Safeguards Amid Defense Contract Dispute

Anthropic CEO Dario Amodei said the company will not comply with a Pentagon request to remove critical AI safeguards, despite reported threats that the Department of Defense (DoD) could cut ties and block the firm from its...

Meta Signs Multi-Billion Dollar AI Chip Deal With Google to Power Next-Gen AI Models

Meta Platforms has reportedly entered a multi-billion dollar agreement with Google to rent advanced artificial intelligence chips, marking a major step in the intensifying race to dominate AI infrastructure. According to...

Coupang Reports Q4 Loss After Data Breach, Revenue Misses Estimates

Coupang reported a fourth-quarter loss and revenue below market expectations, as the South Korean e-commerce giant continues to grapple with the fallout from a massive data breach. The company posted $8.8 billion in...
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