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FxWirePro- Ethereum Daily Outlook

Jun 06, 2024 12:26 pm UTC| Technicals Digital Currency

ETHUSD trades in a anarrow range ahead oif US jobs data. Ithit ahigh of $3888yesterday and is currently trading around $3857. The SEC chairman GaryGensler said that the next step in the ETH ETF approvals will take some...

FxWirePro- BTCUSD Daily Outlook

Jun 06, 2024 12:05 pm UTC| Technicals Digital Currency

BTCUSD is consolidating in a narrow range after a massive buying. It hit ahigh of $71759 at the time of writing andis currently trading around $71054. BTC ETF saw over $880 million inflows on Tuesday led by Fidelity ,...

FxWirePro- MNTUSD(Chart ofthe day)

Jun 06, 2024 11:42 am UTC| Technicals Digital Currency

Mantle Network is an L2 scalability solution built on top of Ethereum. It is a technology stack for scaling Ethereum. Mantle Network has been built with a modular architecture that combines an optimistic roll-up protocol...

Digital Currency Revolution

McDonald’s Metaverse Debuts in Singapore, Letting Users Build Virtual Burgers

Jun 06, 2024 07:06 am UTC| Business Digital Currency Technology

McDonalds metaverse debuts in Singapore with the My Happy Place platform, enabling users to construct virtual burgers, engage in multiplayer activities, and earn rewards. McDonalds Singapore Launches My Happy Place...

ETH Users Surge 9X Since 2020; VanEck Forecasts $22K Price by 2030

Jun 06, 2024 05:23 am UTC| Technology Digital Currency

The Ethereum ecosystems active users have increased ninefold since 2020, with VanEck predicting ETH could hit $22,000 by 2030, driven by growing demand and scaling solutions. Ethereum Sees Ninefold User Growth as...

Digital Currency Revolution

XRP ETF 'Inevitable,' Says Ripple's Monica Long, Citing Institutional Investment Surge

Jun 05, 2024 22:40 pm UTC| Digital Currency Technology

Ripple President Monica Long foresees an XRP exchange-traded funds (ETFs) as inevitable, pointing to the significant trading volume and market cap of XRP as key drivers of institutional interest in the crypto market. An...

Digital Currency Revolution

Bitcoin Price at $72K Could Trigger New ATH with $1.5B Liquidations, Analyst Says

Jun 05, 2024 14:24 pm UTC| Technology Digital Currency

If Bitcoins price were to rise over $72,000, it would liquidate leveraged short positions totaling $800 million, making it a critical barrier level for Bitcoin. If the price of Bitcoin were to reach $72,000, it would...

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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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