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Trump's Tax Break: Capital Gains on Crypto to Disappear

Dec 17, 2024 12:35 pm UTC| Digital Currency Insights & Views

Donald Trump is planning to get rid of capital gains taxes on cryptocurrency, which could have a big impact on the digital asset market in the U.S. Here are the main points about this possible change: Trump wants to...

With RLUSD Launch and Whale Accumulation, XRP Could Hit $3.30 Soon

Dec 17, 2024 06:11 am UTC| Digital Currency Insights & Views

Launch of Ripple USD (RLUSD) Ripple is launching its new stablecoin, Ripple USD (RLUSD), on December 17, 2024. This stablecoin will be linked to the US dollar and designed for financial transactions like cross-border...

From Miners to Moguls: Riot and MARA Follow MicroStrategy's Crypto Roadmap

Dec 17, 2024 03:22 am UTC| Digital Currency Insights & Views

Riot Platforms recently made headlines by acquiring approximately $69 million worth of Bitcoin, purchasing 667 BTC at an average price of about $101,135 per Bitcoin. Based on current market prices, this acquisition...

Ethereum Rockets Ahead: Whale Activity, ETF Inflows, and World Liberty Financial's Bold Investment Drive Market Optimism

Dec 16, 2024 15:03 pm UTC| Digital Currency Insights & Views

Ethereum is gaining momentum, trading at $3,918after hitting a high of $3,988 yesterday on the back of positive sentiment. World Liberty Financials Big Investments World Liberty Financial (WLFI), a cryptocurrency...

To the Moon: Bitcoin Aiming for $200,000 as Whale Activity and Inflows Surge

Dec 16, 2024 12:27 pm UTC| Digital Currency Insights & Views

Recently, the cryptocurrency market has experienced significant ups and downs, leading to many traders losing positions. Almost $120 million in derivatives were liquidated when Bitcoin reached a new all-time high of...

Gold Prices Retreat as Strong Dollar Dominates: Markets Eye Economic Data and Trading Strategies

Dec 16, 2024 12:07 pm UTC| Insights & Views

Gold prices pared some of their gains due to a strong U.S. dollar, hitting a low of $2,665 and currently trading around $2,669. Economic Data Influences the Market On December 12, 2024, the U.S. Bureau of Labor...

Ondo Finance Surges as Major Investments and Whale Activity Ignite Market Confidence

Dec 16, 2024 10:49 am UTC| Digital Currency Insights & Views

Ondo is focused on creating the next generation of financial infrastructure to enhance market efficiency, transparency, and accessibility. Flux is a decentralized lending protocol designed to honor transfer restrictions...

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Economy

India's Central Bank Holds Rates Amid Iran War Energy Shock

Indias Reserve Bank of India (RBI) is widely expected to maintain its benchmark repo rate at 5.25% this Wednesday, as policymakers carefully monitor the economic ripple effects of the ongoing Iran war. The conflict has...

Oil Crisis Escalates: Trump Threatens Iran as Strait of Hormuz Closure Pushes Prices Above $110

Oil prices briefly surged past $110 per barrel on Monday after President Donald Trump escalated military and diplomatic pressure on Iran, demanding the reopening of the Strait of Hormuz by Tuesday evening or face strikes...

Asian Currencies Waver as Dollar Holds Firm Amid Middle East Tensions

Asian currencies struggled to find clear direction on Monday as the US dollar remained resilient, with investors carefully weighing escalating geopolitical risks in the Middle East against emerging ceasefire diplomacy. The...

Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices

The Bank of Japan has raised concerns about the potential deterioration of regional economies, citing escalating oil prices and supply chain disruptions linked to ongoing conflict in the Middle East. In its latest...

India's Services Sector Growth Slows to 14-Month Low in March Amid Rising Costs

Indias services sector expanded at its slowest pace in 14 months during March, as the ongoing Middle East conflict weighed on domestic demand and cost pressures intensified sharply, according to the latest HSBC India...

Politics

Indonesia Files Genocide Case Against Myanmar's Min Aung Hlaing Over Rohingya Crisis

A coalition of civil society organizations filed a landmark criminal complaint in Indonesia on Monday against Myanmars newly elected President Min Aung Hlaing, accusing him of committing genocide against the Rohingya...

Ukrainian Drone Strikes Hit Novorossiysk, Injuring Eight and Cutting Power Across Russia

At least eight people, including two children, were injured Monday after Ukrainian drones struck Novorossiysk, a major Russian Black Sea port city. Local authorities confirmed that several residential buildings sustained...

Trump Endorses Steve Hilton for California Governor

Donald Trump has thrown his full support behind Steve Hilton, a Fox News host and former British government official, in Californias upcoming gubernatorial race. Announcing his endorsement on Truth Social, Trump expressed...

Iran-US Ceasefire Talks: Pakistan Brokers "Islamabad Accord" to Reopen Strait of Hormuz

Pakistan is playing a central role in high-stakes diplomatic efforts to end hostilities between Iran and the United States, with a proposed peace framework now on the table that could reopen the critical Strait of Hormuz...

Kim Jong Un's Daughter Emerges as North Korea's Likely Successor, South Korean Intelligence Says

South Koreas National Intelligence Service (NIS) has concluded that Kim Jong Uns teenage daughter, believed to be around 13 years old and named Ju Ae, is being actively positioned as the next leader of North Korea. Unlike...

Science

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...

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...

Technology

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...