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Digital Currency Revolution

XRP Ledger Sees 65.6% Drop in Onchain Transactions in Q2 2024 Amid Cost Surge

Aug 03, 2024 09:54 am UTC| Digital Currency Technology

The Q2 2024 XRP Markets Report from Ripple highlights a 65.6% drop in XRPL onchain transactions driven by increased costs. 65.6% Drop in Onchain Transactions According to Ripples Q2 2024 XRP Markets Report, the...

Digital Currency Revolution

Ethereum Plunge to $2K Predicted by Gold Buff Peter Schiff; Altcoins Suffer Amid US Recession

Aug 03, 2024 09:27 am UTC| Digital Currency Technology

Gold advocate Peter Schiff predicts Ethereums drop to $2,000 as altcoins suffer steep losses amid growing US recession fears. US Recession Fears Trigger Crypto Sell-Off Fears of a US recession have spooked investors...

Digital Currency Revolution

Morgan Stanley Wealth Managers to Offer Bitcoin ETFs from BlackRock, Fidelity Starting August

Aug 03, 2024 02:18 am UTC| Digital Currency Technology

Morgan Stanley is set to authorize its wealth managers to offer Bitcoin ETFs from BlackRock and Fidelity to clients starting August 7, marking a significant shift in cryptocurrency investment. According to a CNBC story,...

Digital Currency Revolution

Bitcoin Whale Volume Hits 9-Year Peak; Analysts See BTC Price Bottom Forming

Aug 03, 2024 01:06 am UTC| Digital Currency Technology

Bitcoin whale volume has reached a 9-year peak, with analysts suggesting a potential bottom for BTC price, highlighting significant market trends. Whales Add 84,000 BTC in July Despite the recent duck walk in the...

Digital Currency Revolution

63B Shiba Inu (SHIB) Tokens Sold by Revolut: What’s Next for the Crypto Market?

Aug 03, 2024 00:38 am UTC| Digital Currency Technology

The sale of 63 billion Shiba Inu tokens by Revolut has caused a significant stir in the crypto market, highlighting the fintech giants evolving strategy. Revoluts Massive SHIB Token Sale The sale of 63 billion SHIB...

Digital Currency Revolution

Trump Eyes Bitcoin to Wipe Out $35 Trillion US Debt: Bold Plan Unveiled

Aug 02, 2024 22:17 pm UTC| Digital Currency Technology Politics

Donald Trump proposes an audacious plan to eliminate the $35 trillion US debt using Bitcoin, captivating financial experts and crypto enthusiasts alike. Trump Believes Bitcoin Can Pay Off $35 Trillion Debt A growing...

Coinbase Shares Jump 3% as Q2 Crypto Trading Volumes Surge 145% Year-Over-Year

Aug 02, 2024 22:14 pm UTC| Business Technology Digital Currency

Coinbase shares rose by 3% after hours following its Q2 earnings report, highlighting a 145% year-over-year increase in crypto trading volumes and $1.4 billion in revenue for the quarter. Coinbase Reports 145% Increase...

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Economy

Canada Stocks Steady as Markets Await Fed and BoC Decisions

Canadas main stock index opened the week trading mostly flat, stabilizing after Fridays pullback as investors shift focus to major central bank decisions. The SP/TSX Composite Index slipped 0.5% in the previous session,...

ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks

The European Central Bank is expected to keep interest rates unchanged for several more months, with Slovak policymaker Peter Kazimir emphasizing growing concerns about upside inflation risks. In an interview with Reuters,...

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...

Politics

Supreme Court to Weigh Trump’s Power to Remove FTC Commissioner

The U.S. Supreme Court is preparing to take up a major separation-of-powers case examining whether former President Donald Trump acted lawfully when he attempted to fire Federal Trade Commission (FTC) Commissioner Rebecca...

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...

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

IBM ​ Nears $11 Billion Deal to Acquire Confluent in Major AI and Data Push

IBM is reportedly in advanced negotiations to acquire Confluent Inc. (NASDAQ: CFLT) in a deal valued at roughly $11 billion, according to the Wall Street Journal. The news sent Confluent shares soaring more than 28% in...

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...
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