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Digital Currency Revolution

XRP Whales Withdraw 806 Million Tokens, Fueling Speculation of Upcoming Price Action

Aug 29, 2024 13:39 pm UTC| Digital Currency Technology Business

Whale investors have withdrawn over 806 million XRP tokens, leading to speculation about future price action as the market reacts to these significant moves. Whale Investors Remove 806 Million XRP With their most...

Digital Currency Revolution

Shiba Inu Team's Bullish Post on X Sparks Surge, Echoing Vitalik Buterin's Influence

Aug 29, 2024 13:21 pm UTC| Digital Currency Technology Business

Shiba Inus team fueled excitement among its followers with a bullish X post, mirroring a similar message from Ethereums Vitalik Buterin, leading to a noticeable SHIB price increase. SHIB Team Fuels Excitement with...

Digital Currency Revolution

Altcoins Hit ‘Sell Your House’ Territory as Major Buy Signal Ignites Trader Interest

Aug 29, 2024 12:36 pm UTC| Digital Currency Technology Business

Altcoins have reached levels that are sparking significant interest among traders, with a rare buy signal flashing for the first time in over three years. This indicator suggests a potential accumulation phase, according...

FxWirePro- BNBUSD Daily Outlook

Aug 29, 2024 12:12 pm UTC| Technicals Digital Currency

Horizontal trend line- $605 BNBUSDconsolidating after a minor sell-off. Any daily close above $605confirms further bullishness. BNBUSDformed a double bottom around $520.The pair holds belowthe...

FxWirePro- XRPUSD Daily Outlook

Aug 29, 2024 11:56 am UTC| Technicals Digital Currency

Ripplepared most of its gains yesterday on overall crypto market weakness. It hit a low of $0.5535 and is currently trading around $0.5781. According to santiment data, the number of XRP whale addresses that hold...

FxWirePro- HNTUSD (Chart of the day)

Aug 29, 2024 11:15 am UTC| Technicals Digital Currency

Helium is a decentralized distributed network of Hotspots for Internet of Things (IoT) devicesusing the LoRaWAN system.It is one of the leading DePIN protocols. HNTUSD recovered after a minor sell-off.HNT trading...

FxWirePro- BTCUSD Daily Outlook(European session update)

Aug 29, 2024 10:07 am UTC| Technicals Digital Currency

BTCUSDis consolidating after a major sell-off. It hit a low of $57866 andis currently trading ataround $59643. The entire crypto market is under pressure despite a 100% probability of a rate cut by the Fed this...

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Economy

Biden Administration Pauses Enforcement of Nippon Steel’s Bid for U.S. Steel

The Biden administration has decided to delay enforcing an executive order requiring Nippon Steel to withdraw its $14.9 billion bid for U.S. Steel. In a statement on Saturday, U.S. Steel revealed that the parties now have...

Commodities Set for Recovery in 2025 Amid Improved Economic Outlook

Commodities are poised for a rebound in 2025 as macroeconomic challenges that hindered growth in 2024 become supportive tailwinds, according to Wells Fargo analysts. Elevated interest rates and economic uncertainties...

UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty

UBS forecasts a mixed financial market outlook for 2025 as investors navigate potential policy shifts under a second Trump administration. The primary uncertainty lies in whether policies will lean toward populist MAGA...

Moldova Criticizes Russia Amid Transdniestria Energy Crisis

Energy-saving measures in Moldovas separatist Transdniestria region have reduced rolling blackouts caused by halted Russian gas supplies. Blackouts, initially eight hours, were cut to three hours, with officials optimistic...

Geopolitical Shocks That Could Reshape Financial Markets in 2025

Analysts at BCA Research predict that global financial markets in 2025 may face unexpected geopolitical events with far-reaching consequences. These black swan scenarios, though unlikely, could significantly influence...

Politics

Scott Bessent Prepares for Treasury Secretary Role, Plans Divestments

President-elect Donald J. Trumps nominee for Treasury Secretary, Scott Bessent, is preparing to divest from numerous funds and investments to avoid potential conflicts of interest, according to The New York Times. In a...

Biden Awards Presidential Medal of Freedom to Pope Francis

President Joe Biden awarded Pope Francis the Presidential Medal of Freedom with Distinction, the highest U.S. civilian honor, in a phone call Saturday. This marked the first time Biden, 82, presented the medal with...

Trump Envoy Meets Netanyahu to Advance Gaza Ceasefire Efforts

U.S. President-elect Donald Trumps Middle East envoy, Steve Witkoff, met with Israeli Prime Minister Benjamin Netanyahu on Saturday, focusing on efforts to secure a ceasefire in Gaza, Netanyahus office reported. Following...

Venezuela Condemns Sanctions Amid Maduro's Controversial Third Term

Venezuela criticized new sanctions imposed by the U.S., Britain, and the European Union after President Nicolas Maduro began a third term despite a six-month election dispute. General Domingo Hernandez Larez, head of...

Jack Smith Resigns as Trump Prepares Return to White House

U.S. Special Counsel Jack Smith, who led federal cases against Donald Trump, has resigned following the Republican president-elects win. Smiths resignation, effective Jan. 10, was revealed in a court filing seeking to lift...

Science

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update

In a significant advancement for cancer care, the U.S. Food and Drug Administration (FDA) has approved an injectable version of Bristol Myers Squibbs blockbuster cancer drug Opdivo. Branded as Opdivo Qvantig, the new...

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Technology

Energy Sector Outlook 2025: AI's Role and Market Dynamics

Raymond James analysts provided a cautious outlook for the energy sector in 2025, highlighting mixed market signals and emerging trends. Despite two years of underperformance, midstream stocks showed resilience in 2024,...

Autonomous Vehicles: The Next Technological Revolution

Autonomous vehicles (AVs) are poised to revolutionize transportation, much like the transition from horses to cars, according to Siddharth Mehta, Senior Director at AI computing firm Tenstorrent and former Waymo product...

Zuckerberg Meets Trump Amid Meta's Strategic Shift

Meta CEO Mark Zuckerberg reportedly met with U.S. President-elect Donald Trump at Mar-a-Lago on Friday, according to Semafor. Both Meta and Trumps transition team declined to comment on the meeting when approached by...

EU Approves Synopsys' $35B Acquisition of Ansys, Imposing Key Conditions

The European Commission has approved Synopsys (NASDAQ:SNPS) $35 billion cash-and-stock acquisition of Ansys (NASDAQ:ANSS), announced in January 2023, subject to specific conditions. Synopsys, a leader in chip design...

TSMC Begins 4nm Chip Production in Arizona, Bolstering U.S. Semiconductor Efforts

Taiwan Semiconductor Manufacturing Co. (TSMC) has started producing advanced 4-nanometer chips in Arizona, marking a milestone in the Biden administrations semiconductor strategy. U.S. Commerce Secretary Gina Raimondo...
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