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Bitcoin marketplace Buttercoin to shutdown this week

Apr 06, 2015 11:01 am UTC| Digital Currency

Buttercoin, a US bitcoin marketplace, is shutting its operations within just four months of its launch despite at least $1.3m worth of investment. In an email to its customers, the company said that it will close this...

Industry groups oppose CFPB's proposal

Apr 06, 2015 09:24 am UTC| Digital Currency

Consumer Financial Protection Bureaus (CFPB) proposal to regulate overdraft services on prepaid cards and handling of virtual currencies is being opposed by industry groups."The proposals overly prescriptive and complex...

BTC/EUR Short Term Outlook

Apr 06, 2015 07:54 am UTC| Digital Currency

BTC/EUR has slightly recovered till 243.43 after making a low of 224 and intraday trend is bullish as long as support 235 holds. On the upside major resistance is around 249 (200 day 4HMA) and any break above would extend...

Align Commerce starts public beta of international payments platform

Apr 06, 2015 06:54 am UTC| Digital Currency

Align Commerce, a payments provider start-up, has recently announced the launch of the public beta of its international payments platform, which is expected to reduce the cost and time of transactions in a $24 trillion...

BTC/USD Short term outlook

Apr 06, 2015 06:42 am UTC| Digital Currency

Intraday trend-Bullish BTC/USD has made a high of 258.84 after making a low of $234. The pairs major resistance is around $263.40 (200 day 4HMA) and any break above will take the pair to next target $273.95/$280. On...

UBS to start a research lab on blockchain technology

Apr 06, 2015 05:34 am UTC| Digital Currency

UBS, the investment bank based out of Switzerland, is set to launch a London-based research lab to look into the application of blockchain technology in the financial services sector.The research lab tobe opened later this...

Buttonwood SF Founder starts online petition against Californian bitcoin bill

Apr 06, 2015 05:03 am UTC| Digital Currency

An online petition has been started by John Light, the founder of Buttonwood SF,against the California legislative proposal AB-1326 that aims to regulate cryptocurrency businesses under the states Money Transmission...

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Economy

EU Probes Musk's X Over Talk With AfD Leader Amid Election Concerns

Elon Musks planned discussion with Alice Weidel, leader of Germanys far-right Alternative for Germany (AfD) party, on his platform X is under scrutiny by the European Commission. This comes ahead of Germanys upcoming...

Dollar Extends Weekly Gains Amid Strong U.S. Economic Data

The U.S. dollar is poised to extend its longest weekly winning streak in over a year, driven by rising bond yields and expectations of robust non-farm payroll data. The dollar index is on track for its sixth consecutive...

Trudeau Condemns Trump's Tariff Plan, Warns of Economic Fallout

Prime Minister Justin Trudeau voiced strong opposition to President-elect Donald Trumps proposed 25% tariffs on Canadian imports, warning they would harm both countries. Speaking to U.S. business leaders on Thursday,...

Oil Prices Climb Amid Winter Demand Surge

Oil prices rose over 1% on Thursday as cold weather across the U.S. and Europe increased demand for winter fuels. Brent crude climbed 1.29% to $77.14 per barrel, while U.S. West Texas Intermediate (WTI) crude gained 1.15%...

Michael Saylor Sparks Bitcoin Buzz Amid US Government BTC Sale Concerns

Michael Saylor, Bitcoin advocate and MicroStrategys executive chairman, recently shared a bold message with the BTC community on X: Bitcoin is the right move. Accompanying his post was an AI-generated image featuring...

Politics

Trump Sentencing Marks Historic Moment Amid Political Controversy

US President-elect Donald Trump is set to be sentenced on Friday following his conviction for falsifying business records related to hush money payments to adult film star Stormy Daniels. This historic case, the first...

Canada's Liberal Party to Elect New Leader as Trudeau Steps Down Ahead of 2025 Election

Canadian Prime Minister Justin Trudeau announced his decision to step down as Liberal Party leader after nine years in power, following poor pre-election poll results. Trudeau will remain as prime minister and party leader...

California Wildfires Ignite Political Storm Amid Crisis

Los Angeles Mayor Karen Bass faced sharp criticism for her handling of devastating wildfires that have claimed five lives and consumed 31,000 acres, as President-elect Donald Trump blamed California Governor Gavin Newsom...

Kamala Harris and Joe Biden Cancel International Trips Amid California Wildfires

U.S. Vice President Kamala Harris has canceled her planned trip to Singapore, Bahrain, and Germany due to the devastating wildfires ravaging California, the White House announced Thursday. President Joe Biden similarly...

Trump’s Tariff Plans Could Shake Energy Markets

President-elect Donald Trumps proposed import tariffs could be a major disruptor for the energy sector, according to RBC Capital Markets analysts. Trump, taking office soon, has pledged sweeping tariffs, including a 10%...

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

Optimistic Outlook for Chipmakers in 2025 Driven by AI Demand

Mizuho analysts project a positive 2025 for chipmakers, supported by robust artificial intelligence (AI) demand, data center expansion, and advancements in networking and memory chips. This optimism persists despite...

TSMC December Sales Surge 57.8%, Driven by AI Demand

TSMC (NYSE:TSM), the worlds leading contract chipmaker, posted a 57.8% year-on-year jump in December sales, reaching T$278.16 billion ($8.44 billion). This sharp growth highlights robust demand from the booming artificial...

Tesla Unveils Redesigned Model Y in China to Compete in Crowded EV Market

Tesla has introduced a revamped Model Y in China, aiming to recapture market share from competitors like Xiaomi. Priced at 263,500 yuan ($35,900), the updated Model Y is 5.4% more expensive than its predecessor. Deliveries...

Elon Musk Offers Starlink Aid Amid LA Wildfires, Criticizes California's Crisis Management

Elon Musk announced that SpaceX would provide free Starlink terminals to wildfire-stricken areas in Los Angeles. The Tesla CEO shared on social media platform X that the terminals would be delivered by Thursday morning to...

Elon Musk’s Controversial EU Clashes Amid DSA Investigation

Elon Musk hosting Alice Weidel, leader of Germanys far-right Alternative for Germany (AfD) party, on his X platform has drawn scrutiny from the European Commission. This move coincides with heightened EU efforts to curb...
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