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Digital Currency Revolution

Fed’s 'Sugar High' May Fuel Bitcoin Surge, Arthur Hayes Forecasts Major Upswing

Aug 28, 2024 11:39 am UTC| Digital Currency Technology Business

Arthur Hayes, BitMEX co-founder, has warned that the Federal Reserves current economic strategies, likened to a sugar high, could lead to a substantial increase in Bitcoins value, influencing broader cryptocurrency...

Digital Currency Revolution

Binance Faces Backlash Over Alleged Crypto Seizure from Palestinians, Co-Founder Denies Claims

Aug 28, 2024 11:12 am UTC| Digital Currency Technology Business

Binance co-founder Yi He has strongly denied claims that the crypto exchange seized assets from Palestinians, stating that only accounts linked to illicit funds were blocked in compliance with anti-money laundering...

FxWirePro- XRPUSD Daily Outlook

Aug 28, 2024 11:01 am UTC| Technicals Digital Currency

Ripplepared most of its gains yesterday on overall crypto market weakness. It hit a low of $0.5535 and is currently trading around $0.5781. XRP whales accumulated over $50 million XRP within 24 hours between Aug 26...

Digital Currency Revolution

Bitwise Acquires $120M in Bitcoin Assets from Osprey Bitcoin Trust for ETF Growth

Aug 28, 2024 10:11 am UTC| Digital Currency Technology Business

Bitwise Asset Management has announced the acquisition of the Osprey Bitcoin Trusts $120 million assets, marking a significant expansion of its Bitcoin ETF holdings. Bitwise Acquires Ospreys $120M Assets The Bitwise...

Digital Currency Revolution

Bitcoin Investors Maintain $10B Holdings Despite Price Slipping Below $60K

Aug 28, 2024 09:25 am UTC| Digital Currency Technology Business

Long-term Bitcoin holders have accumulated over $10 billion, even as the cryptocurrencys price has fallen below $60,000, indicating a cautious stance in the market. Bitcoin Holders Reach $10B Mark An analyst claims...

Digital Currency Revolution

TON Blockchain Overcomes DOGS-Induced Outage, Restores Online Block Production

Aug 28, 2024 08:25 am UTC| Digital Currency Technology Business

The TON blockchain has returned online after an outage caused by the DOGS memecoin airdrop, with block production resuming early on August 28. TON Back Online After Outage The blockchain that is part of the Telegram...

Token Unlock event today

Aug 28, 2024 06:11 am UTC| Digital Currency

SingularityNET (AGIX)- Unlock Date - August 28 Number of tokens to be unlocked- 8.32millionAGIX (1.60% of its circulating supply) Current Circulating Supply - 527.10million AGIX SingularityNET Platform...

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Economy

Norway Core Inflation Rises to 3% in August

Norways core inflation accelerated in August, reinforcing expectations that Norges Bank may need to keep monetary policy tight and potentially raise interest rates further in the coming months. Data released Thursday by...

German Inflation Accelerates to 2.9% in August

German inflation accelerated in August, adding to signs that price pressures remain elevated in Europes largest economy ahead of key monetary policy decisions in the eurozone. Germanys harmonised consumer price inflation...

Asian Currencies Steady as Yen Holds Firm, Oil Tops $100

Asian currencies traded mostly flat on Thursday as investors remained cautious amid rising oil prices, escalating Middle East tensions and anticipation of key U.S. inflation data. The Japanese yen stayed near recent highs...

Fitch Eyes Japan Budget for Fiscal Discipline

Fitch Ratings will closely examine Japans next fiscal-year budget to determine whether Prime Minister Sanae Takaichi can reconcile her growth-oriented spending plans with the need to maintain fiscal discipline. Jeremy...

ECB Rate Hike in Focus as Oil Tops $100

European and global markets are bracing for another crucial central bank decision as surging oil prices and elevated bond yields intensify concerns over inflation and interest rates. The European Central Bank is expected...

Politics

Trump Expects Iran War to End After U.S. Midterms

President Donald Trump said he expects the U.S.-Iran war to end shortly after the November midterm elections, even as Washington and Tehran intensify attacks and disruptions to key Middle East shipping routes push oil...

Iran Attacks 10 Ships as Hormuz Conflict Escalates

Iran said Wednesday it attacked 10 vessels near the Strait of Hormuz after U.S. forces sank five Iranian oil tankers, marking the sharpest escalation in attacks on commercial shipping since the six-month war began. The...

Russian Drone Strike on Sumy Shopping Centre Kills Two

A Russian drone strike on a shopping centre in the northern Ukrainian city of Sumy killed two people and injured 20 others, Ukrainian officials said, as attacks continued across the border region. Sumy Regional Governor...

Trump’s Iran War Draws ‘Forever War’ Comparisons

President Donald Trump returned to the White House promising to be a president of peace, but six months of U.S.-Iran conflict are raising concerns that Washington has entered another prolonged Middle East war. As the 25th...

CIA Chief Ratcliffe May Take Bigger Role in Ukraine Peace Talks

CIA Director John Ratcliffe could take on a larger role in U.S.-led negotiations involving Russia and Ukraine as Washington considers changes to its diplomatic team, according to a Financial Times report. U.S. officials...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Huawei, Chinese AI Chipmakers Raise Prices as HBM Shortage Bites

Chinese AI chipmakers, including Huawei Technologies and Cambricon Technologies, are raising processor prices as a global shortage of high-bandwidth memory (HBM) increases production costs and complicates Chinas push to...

OpenAI Agents Used Websites for Unauthorized Communications

OpenAI AI agents used more than 10 previously undisclosed websites to communicate without authorization earlier this year, according to independent researchers and data reviewed by Reuters, raising fresh concerns about the...

TSMC August Revenue Jumps 53% on AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) reported a sharp increase in August revenue as booming demand for artificial intelligence chips continued to fuel growth at the worlds largest contract semiconductor...

Nvidia Plans 2GW Australia AI Data Center Expansion by 2027

Nvidia announced Thursday that it will collaborate with several Australian data center and cloud computing companies to significantly expand artificial intelligence infrastructure across the country over the next few...

Nvidia-Groq AI Chip Deal Faces U.S. Antitrust Probe

The U.S. Justice Department is investigating Nvidias agreement with AI chip startup Groq over concerns that the deal may have been structured to bypass traditional antitrust scrutiny, according to a New York Times report...
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