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Digital Currency Revolution

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Digital currency or digital money is an Internet-based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Like traditional money these currencies may be used to buy physical goods and services but could also be restricted to certain communities such as for example for use inside an on-line game or social network. In this series, we cover stories and provide insightful analysis of the digital currencies such as bitcoin with no central point of control over the money supply.

Digital Currency Revolution

BlackRock’s Bitcoin ETF Sees 'Crazy' $1 Billion Trading Frenzy – Bloomberg Analyst Calls It a Milestone

Nov 06, 2024 23:25 pm UTC| Digital Currency Technology Business

In a landmark moment, BlackRocks Bitcoin ETF shattered expectations by logging $1 billion in trades within 20 minutes, a crazy level according to Bloomberg analysts. As Bitcoins price rallies, IBITs record-breaking volume...

Digital Currency Revolution

Ethereum Whale Dumps 14,240 ETH, Taking $12.8M Hit as Bitcoin’s ATH Frenzy Continues

Nov 06, 2024 14:17 pm UTC| Digital Currency Technology Business

Amid Bitcoins climb to a new all-time high, an Ethereum whale stunned the market by selling 14,240 ETH at a substantial $12.8 million loss. The whales surprising decision highlights diverging trends in cryptos biggest...

Digital Currency Revolution

Shiba Inu Burn Rate Explodes by 3674%, Boosting Market Optimism as SHIB Gains Traction

Nov 06, 2024 13:42 pm UTC| Digital Currency Technology Business

On November 6, Shiba Inu saw a 3674% increase in its burn rate, with 53.31 million SHIB tokens removed from circulation. This massive burn, spearheaded by a single address, has lifted market sentiment, suggesting positive...

Digital Currency Revolution

Pro-Crypto Candidates Surge in 2024 US Elections, Gaining Ground in Congress with Key Senate Wins

Nov 06, 2024 13:28 pm UTC| Digital Currency Technology Business Politics

Pro-crypto candidates emerged as key victors in the 2024 US elections, winning significant seats in Congress. The shift in Congressional makeup signals potential momentum for favorable blockchain...

Digital Currency Revolution

Bitcoin Short Sellers Face $179M Liquidation as Price Hits $75K Mark Amid New Demand Surge

Nov 06, 2024 11:50 am UTC| Digital Currency Technology Business

Bitcoin surged to a new high of $75,000 on Nov. 6, sparking a wave of liquidations for short sellers totaling $179 million within hours, as demand rose on Coinbase. Analysts point to strong spot-buying trends that could...

Digital Currency Revolution

$100K Bitcoin in Sight? Trump’s Pro-Crypto Win Ignites BTC Market Rally to New Highs

Nov 06, 2024 11:24 am UTC| Digital Currency Technology Business Politics

Donald Trumps pro-crypto election win has electrified the cryptocurrency market, sending Bitcoin toward new highs. With BTC rallying on optimistic projections, many wonder if a $100K milestone could be imminent under a...

Digital Currency Revolution

Shiba Inu Price Action Soars to 30-Day Peak, Eyeing New ATH as Bullish Trends Persist

Nov 06, 2024 10:26 am UTC| Digital Currency Technology Business

Shiba Inu has surged to a notable 30-day high, capturing attention across the crypto market as investors watch to see if SHIB can sustain this upward trend. The asset is approaching a key resistance level, testing the...

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Economy

Putin in Delhi: Assessing the Stakeholders. A Comprehensive Examination of Defence, Energy, and Aspirations for Export Expansion."

With discussions spanning new S-400 regiments, cooperative Su-57 fighter and hypersonic technology, and long-term agreements on Russian crude, LNG, and nuclear initiatives, Putins visit to Delhi places defence and energy...

Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets

Most Asian currencies held steady on Thursday after modest gains, as markets continued to price in the possibility of a Federal Reserve rate cut next week. The US Dollar Index edged 0.1% higher following an overnight dip...

Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains

Asian stock markets traded mostly subdued on Thursday, mirroring the modest uptick seen on Wall Street as investors positioned themselves ahead of next weeks Federal Reserve meeting. Market sentiment remained cautiously...

China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai

Taiwan President Lai Ching-te has urged Chinese President Xi Jinping to direct his focus toward revitalizing Chinas weakening economy rather than pursuing territorial expansion, highlighting widening economic contrasts...

IMF Deputy Dan Katz Visits China as Key Economic Review Nears

International Monetary Fund Deputy Managing Director Dan Katz is making his first trip to China since leaving his position as chief of staff to U.S. Treasury Secretary Scott Bessent, marking a significant moment ahead of...

Politics

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

Cuban authorities announced that the island is intensifying its fight against narcotics trafficking in the Caribbean, emphasizing ongoing cooperation with the U.S. Coast Guard despite heightened political tensions and an...

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

An Irish naval vessel detected as many as five drones operating close to the flight path of Ukrainian President Volodymyr Zelenskiys aircraft as he arrived in Ireland for a state visit, according to local media reports on...

Australia Progresses AUKUS Review as U.S. Affirms Strong Support

Australia is moving forward with the newly received United States review of the AUKUS nuclear-powered submarine partnership, signalling renewed confidence in the trilateral defence pact with the U.S. and the United...

Trump Administration Tightens H-1B Visa Vetting With New Focus on Free Speech and Censorship

The Trump administration has introduced stricter vetting measures for H-1B visa applicants, targeting professionals in highly skilled fields often recruited by major U.S. tech companies. According to an internal State...

California Launches Portal for Reporting Alleged Misconduct by Federal Immigration Agents

California has introduced a new online portal that enables the public to submit videos, photos, and other evidence of potential misconduct by federal immigration agents. The initiative comes as immigration enforcement...

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

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...