Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Digital Currency

Tue, Dec 09, 2025 02:54 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Digital Currency Revolution

Samourai Wallet Founders Arrested, Crypto Markets Tumble Amid Regulatory Heat

Apr 25, 2024 05:41 am UTC| Technology Digital Currency

The cryptocurrency market dipped significantly after the U.S. Department of Justice arrested Samourai Wallets CEO and CTO, exacerbating volatility amid geopolitical tensions and the recent Bitcoin halving. Bitcoin and...

Digital Currency Revolution

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

Apr 25, 2024 05:05 am UTC| Technology Digital Currency Law Politics

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Digital Currency Revolution

Shiba Inu's Burn Rate Surges 2200%, Fuels Bullish Sentiment and Speculation on Future Price Gains

Apr 24, 2024 16:40 pm UTC| Technology Digital Currency

Shiba Inu (SHIB), a well-known meme coin rumored to be the self-proclaimed Dogecoin killer, sparked unbridled jubilation among crypto market traders and investors today, as its burn rate increased by around 2200%. This...

Digital Currency Revolution

Robinhood Unveils SHIB, AVAX, and COMP Listings for New York Traders, Expanding Crypto Access

Apr 24, 2024 16:29 pm UTC| Technology Digital Currency

Robinhood has expanded its cryptocurrency offerings to New York residents, now including popular tokens like Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP), enhancing trading options on its platform. Robinhood...

Digital Currency Revolution

Hong Kong's First Bitcoin and Ether ETFs Set to Begin Trading April 30, Official Approval Granted

Apr 24, 2024 16:16 pm UTC| Technology Digital Currency

Hong Kongs Securities and Futures Commission has officially approved the first spot Bitcoin and Ether ETFs, which will begin trading on April 30. This marks a significant milestone in the citys cryptocurrency market...

Digital Currency Revolution

US Prosecutors Demand Three Years for Former Binance CEO Zhao Over Laundering

Apr 24, 2024 14:18 pm UTC| Technology Digital Currency

In a stern move reflecting the severity of financial crimes, U.S. prosecutors have recommended a 36-month prison sentence for Changpeng Zhao, the former CEO of cryptocurrency giant Binance, for aiding in money laundering...

FxWirePro- Ethereum Daily Outlook

Apr 24, 2024 12:07 pm UTC| Technicals Digital Currency

ETHUSDtrades higher for the fourth consecutive day. It hit a high of $3286 at the time of writing and is currently trading around $3277. Grayscale filed an S3 prospectus for spot ether ETF and Blackrock has filed an...

591 592 593 594 595 596 597 598 599 600

Economy

Asian Currencies Hold Steady as Traders Await Fed Decision; Aussie Dollar Edges Higher

Asian currencies traded mostly flat on Tuesday as investors adopted a cautious stance ahead of the U.S. Federal Reserves policy meeting, which begins later in the day. Market participants are watching closely for signals...

Australian Dollar Rises as RBA Holds Rates and Signals Persistent Inflation Risks

The Australian dollar edged higher after the Reserve Bank of Australia (RBA) kept interest rates unchanged, reinforcing expectations that inflation pressures may persist. The currency rose 0.2% to $0.6639 after the central...

RBA Holds Rates but Warns of Rising Inflation Pressures

The Reserve Bank of Australia kept interest rates unchanged on Tuesday, maintaining its cash rate target at 3.60% as policymakers confront renewed inflation risks. The decision, widely expected by markets, marks the RBAs...

China Warns of Rising Global Risks as Tariff Pressures Intensify in 2025

Chinas Premier Li Qiang cautioned global economic leaders on Tuesday that the mutually destructive consequences of tariffs have grown more visible throughout 2025, urging coordinated action to strengthen international...

Asian Markets Slip as Investors Brace for Fed Rate Cut and Global Policy Decisions

Asian stocks declined on Tuesday as investors positioned themselves ahead of a widely expected U.S. Federal Reserve interest rate cut later this week. Market sentiment remained cautious amid a packed schedule of global...

Politics

New Zealand Navy Briefly Encounters Taiwanese Warship During Taiwan Strait Transit

New Zealands largest naval vessel, the HMNZS Aotearoa, made headlines after briefly encountering a Taiwanese warship while sailing through the highly sensitive Taiwan Strait on November 5. The New Zealand Defence Force...

Federal Judge Blocks Trump Administration’s Pause on New Wind-Energy Permits

A federal judge has ruled that the Trump administration failed to justify its decision to halt permitting for new wind-energy projects, delivering a significant victory to states advocating for clean-energy development....

Trump Administration Fuel-Efficiency Rollback Could Raise Long-Term Costs for U.S. Drivers

The Trump administrations proposal to scale back Biden-era fuel-efficiency standards may save automakers billions, but experts warn that American drivers will ultimately pay far more at the pump. Under the new plan, the...

Trump–Kushner Links Raise Concerns as Paramount Pushes $108B Warner Bros Discovery Bid

Paramounts aggressive $108 billion bid for Warner Bros Discovery has ignited one of the biggest media battles in years and drawn intense scrutiny due to financing tied to Jared Kushner, President Donald Trumps son-in-law....

U.S. Military Bill Seeks to End Dependence on China for Display Technology by 2030

The final text of the U.S. National Defense Authorization Act (NDAA) released this week includes a significant measure aimed at reducing the Pentagons reliance on foreign countriesparticularly Chinafor electronic display...

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

Adobe Strengthens AI Strategy Ahead of Q4 Earnings, Says Stifel

Adobe (NASDAQ: ADBE) is heading into its fourth-quarter earnings with a clearer generative AI strategy and improved communication, helping ease a year of investor uncertainty, according to a new note from Stifel analysts....

Australia Enforces World-First Social Media Age Limit as Global Regulation Looms

Australia has officially become the first country to enforce a nationwide minimum age for social media use, requiring major platforms like Instagram, TikTok and YouTube to block users under 16. Starting Wednesday, the new...

SK Hynix Labeled “Investment Warning Stock” After Extraordinary 200% Share Surge

South Koreas stock market regulator has issued a second formal alert on SK Hynix (KS:000660) after the chipmakers share price soared more than 200% over the past year. The Korea Exchange (KRX) designated the company as an...

U.S. Greenlights Nvidia H200 Chip Exports to China With 25% Fee

The United States will permit Nvidias H200 processorsits second-most advanced artificial intelligence chipsto be exported to China, with a 25% fee applied to each sale. President Donald Trump announced the decision on...

US Charges Two Men in Alleged Nvidia Chip Smuggling Scheme to China

U.S. authorities have arrested two men accused of illegally smuggling Nvidias highly sought-after H100 and H200 artificial intelligence chips to China, according to the Justice Department. The case comes as President...