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Digital Currency Revolution

Why Shiba Inu Crashed: $2M Liquidations Amid Widespread Crypto Market Losses

Jul 05, 2024 08:14 am UTC| Digital Currency Technology

Shiba Inu has dropped 21% this month, leading to $2 million in liquidations, highlighting its volatility. Sharp Decline for Shiba Inu in July Another wave of losses has hit the cryptocurrency market. Shiba Inu is...

Digital Currency Revolution

Mt. Gox Begins Bitcoin, Bitcoin Cash Repayments, Market Reacts to Large Influx

Jul 05, 2024 07:30 am UTC| Digital Currency Technology

Nearly ten years after its downfall, Mt. Gox has started repaying customers, affecting Bitcoin and Bitcoin Cash markets. Mt. Gox Repayments Mark Major Market Event According to CoinDesk, Mt. Gox announced on Friday...

Digital Currency Revolution

41.5 Million Dogecoin Liquidated in 24 Hours, Price Drops Nearly 8%

Jul 05, 2024 07:19 am UTC| Technology Digital Currency

In a stunning turn of events, 41.5 million Dogecoin were liquidated within 24 hours, causing the meme cryptocurrencys price to plummet by 7.89% to $0.1121. This significant liquidation reflects the broader volatility...

Bitcoin Falls Below $54K Amid $222M Liquidation, Crypto Market Sees $664M Wiped Out

Jul 05, 2024 07:10 am UTC| Technology Digital Currency

Since February, Bitcoin hit its lowest point, dropping to $53,499 on Coinbase and triggering $222 million in long-position liquidations. The broader crypto market saw $664 million wiped out in the past 24 hours, signaling...

Digital Currency Revolution

Panic Selling Engulfs Ethereum, Altcoin Market Following Bitcoin Crash

Jul 05, 2024 06:40 am UTC| Digital Currency Technology

Panic selling has gripped the altcoin market, with Ethereum prices falling by 10-20% after Bitcoins plunge to $55,000. Liquidations hit record highs, impacting traders. Altcoin Market in Turmoil The altcoin markets...

Digital Currency Revolution

Bitcoin Plummets to $53K: Experts Fear the Worst Is Yet to Come

Jul 05, 2024 05:57 am UTC| Digital Currency Technology

Bitcoin could drop to $50,000, but macro factors and a buy the dip mentality will swiftly drive it up. Volatility Expected as Bitcoin Hits New Lows On July 5, the price of Bitcoin dropped to a low of $53,600 on...

Digital Currency Revolution

Hamster Kombat Surpasses 239M Users in 81 Days; Anticipated Airdrop Prompts Speculations

Jul 04, 2024 23:38 pm UTC| Digital Currency Technology

Hamster Kombat has achieved a staggering 239 million users in just 81 days, igniting speculation about the anticipated airdrop. Hamster Kombats Impressive User Growth Durov boasted about the viral clicker games...

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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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