Render (RNDR) Price Dips 3% After Recent 27% Surge: Key Factors Explained
May 11, 2024 13:24 pm UTC| Technology Digital Currency
In a surprising market shift, Render (RNDR) slipped by 3% today, cooling off from last weeks 27% rally. This dip follows significant whale transactions and heightened market volatility, spotlighting the fragile balance of...
Huawei's Pocket 2: New Foldable Phone to Launch Globally Soon
May 11, 2024 13:03 pm UTC| Technology
Huawei is gearing up to introduce its latest innovation, the Pocket 2 foldable phone, to the global market soon, following a successful debut in its home market of China. Huawei Pocket 2 Nears Global...
Binance Under Strict FRA Watch for Three Years After DOJ Deal
May 11, 2024 07:09 am UTC| Technology Digital Currency
The U.S. Department of Justice has tasked the Forensic Risk Alliance (FRA) with monitoring Binance, the worlds largest cryptocurrency exchange, for the next three years. This move follows Binances November plea bargain...
BYD Europe Challenges Tesla, EU Giants; Stellantis Defends Italian Turf
May 11, 2024 06:17 am UTC| Technology Business
BYD Europe has announced plans to triple its market share in the European Union by 2025, aiming to outpace competitors like Tesla and Volkswagen. Meanwhile, Stellantis CEO Carlos Tavares firmly addresses the growing...
JPMorgan, Susquehanna Make Bold Moves with Bitcoin ETF Investments
May 11, 2024 06:04 am UTC| Technology Digital Currency Business
JPMorgan Chase, the United States largest bank, has disclosed substantial investments in various Bitcoin ETFs, including those from Grayscale and BlackRock. Concurrently, Susquehanna International Group has bolstered its...
Joe Biden to Possibly Quadruple Tariffs on Chinese EVs, Raising Duties to 100%
May 11, 2024 05:27 am UTC| Technology
The US government plans to impose higher tariffs on various Chinese imports, including green products such as solar panels and batteries, medical equipment, and, most notably, an increase in duties on Chinese EVs from 25%...
Bloomberg Unveils Causes of Bitcoin, ETH, SOL, XRP, SHIB Price Plunge Amid Market Turbulence
May 10, 2024 17:56 pm UTC| Technology Digital Currency
Crypto trading volumes on major cryptocurrency exchanges fell dramatically in April. Trading volumes declined for the first time in seven months after Bitcoins price fell from an all-time high of $73,800, Bloomberg...