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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...

Digital Currency Revolution

Dogecoin Whale Accumulates 90M DOGE Amid Market Collapse, Sparking Price Optimism

Jul 04, 2024 21:02 pm UTC| Technology Digital Currency

On July 4, a significant Dogecoin investor acquired 90 million DOGE from Binance, fueling optimism for a potential price increase despite the recent market downturn. This whales accumulation indicates strong confidence in...

Digital Currency Revolution

French Billionaire Xavier Niel Unveils Revolutionary AI Voice Assistant 'Moshi'

Jul 04, 2024 20:58 pm UTC| Technology Digital Currency

French billionaire Xavier Niels AI lab, Kyutai, launched Moshi, a voice assistant with 70 human-like emotions that could revolutionize human-machine communication. Kyutai Unveils Emotionally Intelligent AI Voice...

Digital Currency Revolution

German Government Transfers $172M in Bitcoin to Crypto Exchanges and Wallets

Jul 04, 2024 20:54 pm UTC| Technology Digital Currency

The German government transferred over 3,000 Bitcoin, valued at $172 million, to various crypto exchanges and an unknown wallet on July 4, potentially impacting market dynamics, according to blockchain investigator...

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Economy

US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns

The United States has initiated a new trade investigation into Vietnams handling of intellectual property (IP) rights, a move that could eventually lead to additional tariffs on Vietnamese imports. The investigation,...

US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook

The U.S. dollar weakened slightly on Friday as investor confidence improved following comments from President Donald Trump regarding a possible peace agreement between the United States and Iran. The prospect of easing...

Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar

Asian currencies traded in a narrow range on Friday while the U.S. dollar remained largely unchanged, as investors assessed reports suggesting the United States and Iran are close to extending their ceasefire agreement....

Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment

Asian stock markets posted strong gains on Friday, supported by a global technology rally and growing optimism surrounding a potential extension of the ceasefire between the United States and Iran. Investor confidence...

Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path

Tokyo consumer inflation slowed in May, reinforcing expectations that the Bank of Japan (BOJ) will continue taking a measured approach to monetary policy tightening as inflationary pressures remain moderate. According to...

Politics

US Southern Command Chief Holds Rare Military Meeting With Cuban Officials at Guantanamo Bay

A rare high-level military meeting between the United States and Cuba took place at the perimeter of the U.S. Naval Station at Guantanamo Bay, marking a significant development in U.S.-Cuba relations amid growing...

Trump Nears Decision on Iran Ceasefire Extension as Key Disputes Remain

U.S. President Donald Trump said Friday that he is close to making a final decision on a proposed agreement to extend the current ceasefire with Iran, although major disagreements between Washington and Tehran continue to...

Trump Signs Executive Order to Expand Access to Federal Lands in the U.S.

U.S. President Donald Trump signed an executive order on Friday aimed at removing restrictions that limit access to federal lands across the United States, according to a statement from the White House. The move is part of...

Netanyahu Gaza Expansion Plan Sparks Hamas Condemnation and International Concern

Israeli Prime Minister Benjamin Netanyahus announcement that Israel plans to expand its area of control in Gaza has drawn strong criticism from Hamas, European governments, and residents of the Palestinian territory. The...

Russia Prepares New Large-Scale Attack on Ukraine, Zelenskiy Warns

Ukrainian President Volodymyr Zelenskiy has warned that Russia is preparing a major new attack on Ukraine, citing intelligence reports that indicate plans for a large-scale military strike. The announcement comes as...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

Technology

Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements

A Kentucky school district has secured nearly $27 million in settlements from major social media companies over allegations that their platforms contributed to a growing student mental health crisis. The financial details,...

MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook

MongoDB (NASDAQ: MDB) delivered stronger-than-expected first-quarter fiscal 2027 results, fueled by growing demand for its database platform among enterprises and organizations developing artificial intelligence...

SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target

Elon Musks SpaceX is reportedly moving forward with plans for a historic initial public offering (IPO), targeting a valuation of at least $1.8 trillion. According to a Bloomberg News report citing sources familiar with the...

Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion

Autodesk (NASDAQ: ADSK) reported stronger-than-expected financial results for its fiscal first quarter and announced a major $3.6 billion acquisition of MaintainX, a move that strengthens its position in AI-powered...

US Quantum Stocks Surge After $2 Billion Government Investment

The U.S. Department of Commerce has sparked major excitement across the technology and financial sectors after announcing plans to invest $2 billion into quantum computing and advanced hardware companies through the CHIPS...
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