Become a contributor

Bookmark Econotimes

Mon, Dec 08, 2025 07:40 AM All times are UTC

Follow Series

Digital Currency Revolution

©Econometrics LLC . All Rights Reserved.

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

Winklevoss Twins' Gemini to Pay $1.1 Billion to Customers After NYDFS Settlement

Feb 29, 2024 05:36 am UTC| Digital Currency

Gemini, a cryptocurrency exchange, has agreed with the New York Department of Financial Services (NYDFS) to reimburse customers of its discontinued lending program with at least $1.1 billion. Additionally, the company...

Digital Currency Revolution

Michael Saylor Gains $700M With Bitcoin's 3-Day Surge

Feb 29, 2024 05:06 am UTC| Digital Currency

MicroStrategys Michael Saylor appeared on CNBCs Closing Bell: Overtime in December, expressing confidence in Bitcoins trajectory for 2024, stating that a strategy centered around Bitcoin is generally secure for...

Digital Currency Revolution

Former FTX Executives Secure $17M New Crypto Exchange Funding

Feb 29, 2024 03:36 am UTC| Digital Currency

Former FTX and Alameda Research employees have secured $17 million in funding to establish Backpack, a crypto exchange, stepping in to address the gap left by their former employer Sam Bankman-Frieds crypto...

Digital Currency Revolution

Coinbase App Glitch Leaves Users Seeing Zero Balances Amid Bitcoin Surge

Feb 29, 2024 02:47 am UTC| Digital Currency

On Wednesday, users of the Coinbase app encountered glitches that resulted in many seeing a balance of zero when accessing their accounts. The sudden malfunction caused confusion and concern among users, especially amidst...

Digital Currency Revolution

Bitcoin Nears ATH With $64,000 Milestone Leaving Crypto Market in Awe

Feb 29, 2024 01:49 am UTC| Digital Currency

Bitcoin continued its upward trajectory on Wednesday, surpassing the $63,000 mark for the first time since November 2021. Investor Sentiment The flagship cryptocurrency witnessed a nearly 6% increase, reaching...

Digital Currency Revolution

Bitcoin New ATH in Sight, What to Expect This 2024 Bull Market

Feb 28, 2024 08:08 am UTC| Digital Currency

Bitcoin surged overnight trading, hitting a fresh high for 2024 at $57,465 on Coinbase, marking its highest price since December 3, 2021, and the second-largest price surge in 2024. Rising Prices and Momentum In the...

Digital Currency Revolution

Spot Ethereum ETF Applicants Schedule SEC Meeting on March

Feb 28, 2024 07:55 am UTC| Digital Currency

Reuters reports that the U.S. SEC is scheduled to hold discussions with applicants seeking approval for spot Ethereum ETFs next month, marking a significant development in the ongoing efforts to introduce Ether-based...

241 242 243 244 245 246 247 248 249 250

Economy

UK Job Market Shows Persistent Weakness Ahead of November Budget

Britains labour market continued to soften in the lead-up to Finance Minister Rachel Reeves November 26 budget, as employers held back on hiring amid uncertainty over potential tax increases. A new report from KPMG and the...

Ru and Ready: India-Russia Summit Sets the Stage for a Multi-Billion Dollar Strategic Shift

India and Russia used their December 2025 meeting to establish a multifaceted collaboration intended to reach USD 100 billion in bilateral trade by 2030, with obvious emphasis on right Indias significant trade deficit. By...

Oil Prices Hold Near Two-Week Highs as Markets Await Fed Rate Cut and Monitor Geopolitical Risks

Oil prices hovered near two-week highs on Monday as global markets anticipated a possible U.S. Federal Reserve interest rate cut that could boost economic growth and strengthen energy demand. Brent crude futures edged up 4...

Japan’s Q3 Economic Contraction Deepens as Revised Data Signals Stronger Headwinds

Japans economy shrank more sharply in the third quarter than previously reported, according to revised data released by the Cabinet Office. The updated figures show the countrys annualised GDP contracting by 2.3%, steeper...

U.S. Stock Futures Hold Steady Ahead of Key Fed Decision

U.S. stock futures were steady on Sunday evening as investors looked ahead to this weeks Federal Reserve meeting, where policymakers are widely expected to deliver another interest-rate cut. As of 20:15 ET (01:15 GMT), SP...

Politics

Japan–China Tensions Rise as Chinese Carrier Intensifies Air Operations Near Okinawa

Tensions between Japan and China escalated over the weekend after a Chinese carrier strike group carried out a surge of air operations near Japans southwestern island chain. The activity comes at a sensitive diplomatic...

Syria Marks First Anniversary of Assad’s Overthrow Amid Ongoing Challenges

Syrians are preparing to commemorate the first anniversary of Bashar al-Assads fall, a major turning point that ended decades of family rule and signaled hopes for a new political era. Events are scheduled across the...

Thailand Launches Air Strikes as Border Clashes With Cambodia Intensify

Thailand has launched air strikes along its disputed border with Cambodia after both nations accused each other of violating a fragile ceasefire brokered by U.S. President Donald Trump. The renewed conflict erupted in...

Trump Signals He May Influence Netflix–Warner Bros Merger Decision

U.S. President Donald Trump indicated on Sunday that he expects to play a direct role in determining whether the proposed merger between Netflix and Warner Brothers will move forward, raising new questions about regulatory...

U.S. Defense Bill Sets Record $901 Billion Budget, Includes Ukraine Aid

U.S. lawmakers have introduced a sweeping annual defense policy bill that authorizes a historic $901 billion in national security spending for fiscal year 2026surpassing President Donald Trumps original budget request. The...

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

U.S.-EU Tensions Rise After $140 Million Fine on Elon Musk’s X Platform

A growing rift between the United States and Europe deepened after the European Union issued a $140 million fine against Elon Musks social media platform X under the Digital Services Act. The penalty, which EU regulators...

SpaceX CEO Elon Musk Denies Reports of $800 Billion Valuation Fundraise

Elon Musk has publicly refuted recent media claims suggesting that SpaceX is seeking to raise new capital at an $800 billion valuation. In a post shared on X, Musk clarified that the reports circulating online were...

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

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...