Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Business

Sat, Nov 23, 2024 02:03 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

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...

Is the iGaming market a good investment opportunity in 2025?

Nov 21, 2024 10:19 am UTC| Business

Investors are always looking at potential good investment opportunities. Many will have highlighted commodities, stocks, and other traditional forms of investments that can potentially yield the types of rewards that they...

Bitcoin Hits $80,000 - Why Trump is Boosting Crypto?

Nov 21, 2024 09:51 am UTC| Business

Donald Trump rode on the back of many promises into the White House, including the promise to make America the Crypto-capital of the world. Well, you know what they say about money being a universal language. This promise...

With 14 community newspapers due to close, too many parts of NZ are becoming ‘news deserts’

Nov 20, 2024 23:14 pm UTC| Insights & Views Business

When media company NZME proposed the closure of 14 community newspapers last week, the so-called news desert encroached a little further into the local information landscape. The term refers to those many regions in...

Cybertruck Joins Trump’s Motorcade at SpaceX Starship Test in Texas

Nov 20, 2024 23:11 pm UTC| Technology Business Politics

The Tesla Cybertruck turned heads as it rolled alongside President-elect Donald Trumps motorcade near SpaceXs Starbase during Starships highly anticipated test flight. The presence of the futuristic EV underscored the...

1 2 3 4 5 6 7 8 9 10

Economy

Oil Prices Soar to 2-Week High as Russia Fires Hypersonic Missiles, Escalating Ukraine Conflict

Oil prices surged about 1% on Friday, hitting a two-week high as Russia escalated its war in Ukraine by deploying hypersonic missiles, amplifying geopolitical risks in the market. Brent crude settled at $75.17 per barrel,...

Amazon's $4 Billion Anthropic Deal Supercharges AI Race Against Microsoft and Google

Amazon has supercharged the AI race by investing $4 billion in Anthropic, doubling its investment to challenge Microsoft and Google in the competitive generative AI landscape. The partnership leverages Amazons cloud...

FxWirePro- Major economic events for the day

Date Time Currency Event Actual Forecast Previous Fri Nov...

Global Currency Shuffle: Euro Dips, Yen Recovers, and Markets Await Key Economic Signals

The euro lost its shine against the US dollar due to strong US economic data and dovish comments from ECB members. It hit a fresh year-low yesterday and is hovering around that level. Yannis Stournaras from the European...

Fed's Goolsbee Expects Rates to Drop 'Fair Bit Lower,' Cautions on Slowing Cuts

Chicago Fed President Austan Goolsbee said Thursday he anticipates interest rates will end up considerably lower within the next year. He cautioned that the Federal Reserve may need to decelerate rate cuts amid...

Politics

Crypto Rules Shakeup: Trump-Tied SEC Candidate Hints at Clearer Path After Gensler’s Sudden Exit

Republican SEC Commissioner Mark Uyeda is positioning himself as a crypto advocate amid discussions of regulatory clarity. Speculation is mounting that President-elect Donald Trump may nominate Uyeda to replace Gary...

China's Hackers Poised for Conflict Within US Networks, Cyber Official Warns

Chinese hackers are positioning themselves within U.S. critical infrastructure IT networks to gain an advantage in case of major conflict, a top U.S. cybersecurity official revealed Friday, emphasizing escalating cyber...

Senator Lummis Pushes for 1M BTC in US Reserve to Slash Debt, Preserve Dollar Dominance

Senator Cynthia Lummis has proposed adding Bitcoin to the U.S. strategic reserve to slash national debt and stabilize the economy. Highlighting BTCs deflationary value, the senator sees it as a hedge against inflation and...

What’s Driving Charles Schwab Toward Spot Crypto Trading? Trump’s Regulatory Shift and $100K Bitcoin Answer

Charles Schwab is poised to enter the spot crypto market as Trumps administration signals regulatory reforms. With Bitcoin nearing $100,000 and competition heating up, Schwab aims to seize the moment and expand its crypto...

Jeb Bush Sparks Uproar by Praising Trump’s AG Pick Pam Bondi: ‘A Bold and Unexpected Move!’

Former Florida Governor Jeb Bush has publicly extended his congratulations to Pam Bondi, Donald Trumps nominee for Attorney General, reigniting political debates across social media. Bondi, who previously served as...

Science

Why does everything look flat even though the Earth is round?

Ever since the ancient Greeks first made observations of the circular Moon and the skies, scientists have known that the Earth is a sphere. Weve all seen beautiful images of the Earth from space, some photographed by...

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Technology

Xiaomi's Second Electric SUV to Challenge Tesla Model Y in Q1 2025, Report Reveals

Xiaomi is gearing up to launch its second electric SUV, the MX11, in February or March 2025, according to reports. The upcoming model is positioned as a competitor to Teslas Model Y and will likely feature Xiaomis hallmark...

$18 XRP Prediction Gains Traction as Wave 3 Builds Toward $5 Surge Before 2024

XRP is poised for a major surge, with analysts forecasting a jump to $18 by mid-2025. Elliot Wave projections show a $5 rally before year-end, fueled by bullish market sentiment and strong momentum. XRP Rally to $18:...

Shiba Inu in Trouble? 33 Trillion SHIB Could Fall If $0.000022 Support Breaks

Shiba Inu is on the brink of a decisive move as it consolidates within a triangle pattern. The critical $0.000022 support, tied to 33 trillion SHIB, is weakening. Resistance at $0.000025 and shifting market sentiment add...

Ether Price Rises Despite $1.3B Whale Sell-Off, Targets $3,700 Breakout

Ethers price continues to climb despite significant selling pressure from whales unloading over $1.3 billion in holdings. Investors anticipate a rally toward the $3,700 resistance level, buoyed by Bitcoins surge past...

Solana Hits $262 ATH Amid $35M Whale Buys—Could $5,000 Be Next?

Whale investors snapped up $35 million in Solana, driving the token to a new all-time high of $262. With growing excitement around a potential Solana ETF, analysts speculate that a climb to $5,000 might be on the...