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Digital Currency Revolution

Bitcoin Edges Out Gold as Rivalry Intensifies, Bloomberg Analyst Highlights Ongoing Lead

Aug 20, 2024 16:32 pm UTC| Digital Currency Technology

Bitcoin retains a slight edge over gold as the two assets rivalry heats up, with a Bloomberg analyst noting the cryptocurrencys continued dominance despite golds record highs. Bitcoin Leads Gold Despite Record...

Digital Currency Revolution

Shiba Inu on Fire: 1,088% Burn Surge Ignites SHIB Price Rally

Aug 20, 2024 15:57 pm UTC| Digital Currency Technology

Shiba Inus burn rate exploded by 1,088%, pushing SHIBs price higher as the market reacts to the surge, according to Shibburn. SHIB Burn Rate Surges by 1,088% The burn rate of the second biggest meme cryptocurrency...

Digital Currency Revolution

China Targets Virtual Assets in Landmark Supreme Court Ruling on Anti-Money Laundering Laws

Aug 20, 2024 15:14 pm UTC| Digital Currency Technology

Chinas Supreme Court has made waves by directly targeting virtual assets in a significant revision of its Anti-Money Laundering laws, reflecting the countrys intensified focus on financial crimes. Chinas Supreme Court...

FxWirePro-Major crypto levels and bias summary

Aug 20, 2024 12:20 pm UTC| Technicals Digital Currency

Major crypto levels and bias...

FxWirePro- BTCUSD Daily Outlook

Aug 20, 2024 12:07 pm UTC| Technicals Digital Currency

BTCUSD showed a minor recovery on positive market sentiment. It hit a high of $61424 andis currently trading ataround $60543. According to santiment data, BTC whales have accumulated 94700 BTC in the past six weeks....

FxWirePro- Recent Crypto Key Updates

Aug 20, 2024 09:14 am UTC| Digital Currency

Crypto recent updates - HashKey- First Web3 partnership with Catizen. Aptos (APT)- Aptos to host US tether with low gas fees. Drift- Drift Protocol (Solana-based) has launched a prediction market...

FxWirePro- AAVEUSD (Chart of the day)

Aug 20, 2024 07:57 am UTC| Technicals Digital Currency

FxWirePro- AAVEUSD (Chart of the day) Aave is a decentralized non-custodial liquidity protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive...

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Economy

Gold Prices Inch Higher as Fed Rate-Cut Expectations Strengthen

Gold prices ticked upward in Asian trading on Monday as the U.S. dollar hovered near a five-week low, reflecting growing market confidence that the Federal Reserve will cut interest rates this week. Spot gold rose 0.3% to...

UK Job Market Shows Persistent Weakness Ahead of November Budget

Britains labour market continued to soften in the lead-up to Finance Minister Rachel Reeves November 26 budget, as employers held back on hiring amid uncertainty over potential tax increases. A new report from KPMG and the...

Ru and Ready: India-Russia Summit Sets the Stage for a Multi-Billion Dollar Strategic Shift

India and Russia used their December 2025 meeting to establish a multifaceted collaboration intended to reach USD 100 billion in bilateral trade by 2030, with obvious emphasis on right Indias significant trade deficit. By...

Oil Prices Hold Near Two-Week Highs as Markets Await Fed Rate Cut and Monitor Geopolitical Risks

Oil prices hovered near two-week highs on Monday as global markets anticipated a possible U.S. Federal Reserve interest rate cut that could boost economic growth and strengthen energy demand. Brent crude futures edged up 4...

Japan’s Q3 Economic Contraction Deepens as Revised Data Signals Stronger Headwinds

Japans economy shrank more sharply in the third quarter than previously reported, according to revised data released by the Cabinet Office. The updated figures show the countrys annualised GDP contracting by 2.3%, steeper...

Politics

Japan–China Tensions Rise as Chinese Carrier Intensifies Air Operations Near Okinawa

Tensions between Japan and China escalated over the weekend after a Chinese carrier strike group carried out a surge of air operations near Japans southwestern island chain. The activity comes at a sensitive diplomatic...

Syria Marks First Anniversary of Assad’s Overthrow Amid Ongoing Challenges

Syrians are preparing to commemorate the first anniversary of Bashar al-Assads fall, a major turning point that ended decades of family rule and signaled hopes for a new political era. Events are scheduled across the...

Thailand Launches Air Strikes as Border Clashes With Cambodia Intensify

Thailand has launched air strikes along its disputed border with Cambodia after both nations accused each other of violating a fragile ceasefire brokered by U.S. President Donald Trump. The renewed conflict erupted in...

Trump Signals He May Influence Netflix–Warner Bros Merger Decision

U.S. President Donald Trump indicated on Sunday that he expects to play a direct role in determining whether the proposed merger between Netflix and Warner Brothers will move forward, raising new questions about regulatory...

U.S. Defense Bill Sets Record $901 Billion Budget, Includes Ukraine Aid

U.S. lawmakers have introduced a sweeping annual defense policy bill that authorizes a historic $901 billion in national security spending for fiscal year 2026surpassing President Donald Trumps original budget request. The...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

SK Hynix Shares Surge on Hopes for Upcoming ADR Issuance

SK Hynix shares rallied sharply on Monday, climbing as much as 6.1% in Seoul trading and marking the companys strongest intraday gain since late November. The sudden surge comes amid growing speculation that the South...

U.S.-EU Tensions Rise After $140 Million Fine on Elon Musk’s X Platform

A growing rift between the United States and Europe deepened after the European Union issued a $140 million fine against Elon Musks social media platform X under the Digital Services Act. The penalty, which EU regulators...

SpaceX CEO Elon Musk Denies Reports of $800 Billion Valuation Fundraise

Elon Musk has publicly refuted recent media claims suggesting that SpaceX is seeking to raise new capital at an $800 billion valuation. In a post shared on X, Musk clarified that the reports circulating online were...

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....
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