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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

Shiba Inu’s Kusama Strikes Back at Critics, Declares 'Send SHIB to the Moon' Mission Is on Track

Nov 22, 2024 11:35 am UTC| Digital Currency Technology Business

Shytoshi Kusama, Shiba Inus vocal leader, pushed back against critics, reaffirming SHIBs decentralized status and outlining bold plans for growth. The Ethereum-based token remains at the forefront of the crypto ecosystem,...

Digital Currency Revolution

Texas Considers Bitcoin Reserve Legislation Amid Push for US Crypto Mining Security

Nov 22, 2024 11:14 am UTC| Digital Currency Technology Business Politics

In a bid to bolster economic resilience and secure U.S. Bitcoin mining, Texas lawmakers are exploring strategic Bitcoin reserve legislation. Satoshi Action Fund highlighted the initiatives significance during a blockchain...

Digital Currency Revolution

Google Faces DOJ Pressure to Sell Chrome, Android, and AI Stakes to Fix Search Monopoly

Nov 21, 2024 19:51 pm UTC| Digital Currency Technology Business

The Department of Justice has urged a federal judge to make Google sell its Chrome browser and Android OS, among other remedies, to break its dominance in online search. The DOJ says drastic measures are needed to restore...

Digital Currency Revolution

Bitcoin ETFs Hit $104 Billion, Outpacing Gold ETFs in Growth Amid Post-Election Market Optimism

Nov 21, 2024 17:18 pm UTC| Digital Currency Technology Business Politics

Bitcoin ETFs achieved a record-breaking $104 billion in net assets, boosted by Donald Trumps presidential win and growing investor appetite for cryptocurrencies. With Bitcoin ETFs rapidly closing the gap with gold ETFs,...

Digital Currency Revolution

5 Crucial Metrics Shaping Ethereum’s Next Move: Whale Activity and Network Growth in Focus

Nov 21, 2024 16:50 pm UTC| Digital Currency Technology Business

Ethereums price movement hinges on five pivotal indicators, including whale netflows and transaction growth, according to IntoTheBlock. Mixed signals emerge as ETH trades at $3,323, with long-term investors continuing to...

Digital Currency Revolution

Bitcoin Soars Past $98,000, Catapults Satoshi Nakamoto Into World's Top 20 Billionaires

Nov 21, 2024 16:11 pm UTC| Digital Currency Technology Business

Bitcoin shattered records by surpassing $98,370 on Thursday, propelling its mysterious creator Satoshi Nakamoto into the ranks of the worlds wealthiest. With holdings of approximately 1.1 million BTC now valued at over...

Digital Currency Revolution

Why Bitcoin’s Rally Has Traders Eyeing $135K Amid Trump’s Crypto Policy Push and ETF Boom

Nov 21, 2024 15:50 pm UTC| Digital Currency Technology Business Politics

Bitcoin is surging as Trumps team explores creating a White House crypto policy role, adding to momentum from strong ETF inflows. Analysts predict BTC could reach $135K by year-end, while Ethereum struggles against...

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Economy

S&P 500 Hits Record High as Soft Inflation Data Eases Fed Rate Hike Fears

U.S. stock futures were largely unchanged Thursday evening after the SP 500 closed at a record high, as softer producer inflation data eased concerns about a potential Federal Reserve interest-rate hike in September. SP...

Gold Prices Slip From 10-Week High as Fed and Hormuz Risks Shape Outlook

Gold prices moved lower on Friday after pulling back from a 10-week high, as investors assessed softer U.S. inflation data, the Federal Reserves interest rate outlook and uncertainty surrounding the Strait of Hormuz. Spot...

Trump Imposes New US Tariffs on Drone Imports Over National Security Concerns

U.S. President Donald Trump announced new tariffs on imported drones and drone components on Thursday, citing national security concerns and the countrys heavy reliance on foreign suppliers. Under a proclamation signed by...

Canada-US Trade Talks Gain Momentum Ahead of Aug. 19 Tariff Deadline

Canada-US trade negotiations are making positive progress as both countries push to reach an agreement before new U.S. tariffs on Canadian imports are scheduled to take effect on Aug. 19, according to a Canadian government...

Oil Prices Fall as U.S. Crude Inventories Surge and Hormuz Tensions Persist

Oil prices declined Thursday as unexpectedly large U.S. crude inventories, weaker global demand forecasts and continued tensions surrounding the Strait of Hormuz weighed on the market. Brent crude futures for October...

Politics

Jared Kushner May Visit Israel for Gaza Talks Next Week

U.S. President Donald Trumps envoy and son-in-law, Jared Kushner, could travel to Israel next week for talks aimed at advancing the administrations Gaza peace plan, according to a source familiar with the matter. Axios...

Albanese Says AUKUS ‘Full Steam Ahead’ After Trump Call

Australian Prime Minister Anthony Albanese said the AUKUS defence pact remains full steam ahead following a lengthy phone call with U.S. President Donald Trump, as Canberra also pushes Washington for a complete exemption...

Trump Orders Major Overhaul of US Navy Shipbuilding

President Donald Trump has signed a National Security Presidential Memorandum directing sweeping changes to U.S. Navy shipbuilding and ship repair programs as part of an effort to rebuild the countrys maritime industrial...

Israel Warned US of Alleged Iran Plot to Assassinate Trump

Israel repeatedly warned the United States over the past year that Iran may have been planning to assassinate President Donald Trump, although U.S. intelligence agencies were unable to independently verify several of the...

Putin Visits Disputed Kuril Island, Sparking Strong Protest From Japan

Russian President Vladimir Putin visited the disputed island of Iturup on Thursday, triggering a sharp diplomatic protest from Japan amid longstanding tensions over the Kuril Islands. Known as Iturup in Russia and Etorofu...

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

Goldman Sachs Eyes Investors for Nvidia’s $500 Billion AI Financing Plan

Goldman Sachs is reportedly in discussions with potential investors to participate in Nvidias ambitious $500 billion AI infrastructure financing initiative, as institutional demand for artificial intelligence investments...

LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories

LG Corp and Nvidia have signed a memorandum of understanding (MOU) to deepen their strategic partnership across robotics, AI factories and next-generation mobility, LG announced Friday. The agreement will combine LGs...

SMIC Shares Rally as Q2 Profit Surges 262% on Strong Chip Demand

Shares of Semiconductor Manufacturing International Corp. (SMIC) surged on Friday after the Chinese semiconductor foundry delivered strong second-quarter earnings, supported by higher chip demand, improved pricing and...

Anthropic Eyes $6B Decart AI Acquisition Ahead of Mega IPO

Anthropic is reportedly in talks to acquire Nvidia-backed AI startup Decart AI as the Claude developer looks to expand its computing capabilities and address growing demand ahead of a potential public listing. Bloomberg...

Google Pushes Gemini AI Overhaul as Sergey Brin Targets Model Supremacy

Google co-founder Sergey Brin has stepped up efforts to accelerate development of the companys Gemini AI models as Alphabet battles OpenAI and Anthropic for leadership in artificial intelligence. Brin has reportedly urged...