OANDA Gains Foothold for Crypto Trading Services in the UK: A Strategic Expansion
In a notable expansion move, OANDA, a leading US-based crypto brokerage firm, has paved its way into the United Kingdom’s crypto trading sphere through its subsidiary, OANDA Crypto. This development…
Riot Platforms Achieves 19% Increase in Bitcoin Production, Mining 6,626 BTC in 2023
Despite facing stiff competition from rivals who mined more Bitcoin in 2023, Riot Platforms is strategically gearing up for the anticipated Bitcoin halving in 2024, following its significant acquisition of…
Addressing the Surge of Blockchain Cybercrimes: China’s Response
In response to the escalating threat of cybercrimes, particularly those exploiting blockchain and metaverse platforms for illicit activities, the Supreme People’s Procuratorate (SPP) of China, the nation’s apex prosecutorial authority,…
As Bitcoin Maintains its Position Over $51K, ETH, UNI, FIL, and GRT Showcase Bullish Momentum
After a vigorous two-week rally, Bitcoin is currently experiencing a slight pause in its ascent, stabilizing around the $52,000 mark. Despite attempts by bears to initiate a correction, the bulls…
Grayscale’s Bitcoin ETF Experiences Decreased Withdrawal Activity Since Its Conversion
Grayscale’s Bitcoin Trust (GBTC) has recently marked a significant decrease in withdrawal activity, reaching the lowest levels of outflows observed since its transition to an exchange-traded fund (ETF) format. This…
ECB Officials Remain Critical of Bitcoin, Asserting Its ‘Fair Value’ Is Nil
Despite Bitcoin’s recent price surge and the groundbreaking approval of spot Bitcoin ETFs in the United States, two European Central Bank (ECB) officials, Ulrich Bindseil and Jürgen Schaaf, remain unwavering…
STRK Token Sees Uptick as StarkWare Revises Unlock Schedule Following Community Feedback
In a significant move that underscored the power of community engagement within the blockchain space, Starknet‘s STRK token witnessed a 10% surge on Thursday. This uptick came on the heels…
Singapore’s Strategic Move Towards AI: Navigating Adoption Challenges
Singapore‘s commitment of $1 billion to enhance its artificial intelligence (AI) capabilities signals a pivotal moment in the nation’s journey towards socio-economic transformation and heightened global competitiveness. This substantial investment…
Euler Finance Unveils Upgraded Lending Platform Following Major Security Breach
In a remarkable turnaround from a $200 million security breach last year, Euler Finance has announced the launch of Euler v2, a revamped and more versatile version of its decentralized…
Japan Secures Early Triumph in Global Semiconductor Manufacturing Competition
When Taiwan Semiconductor Manufacturing Co (TSMC) announced its ambitious plan in 2022 to construct a new semiconductor fabrication plant in Japan, aiming for production to commence in 2024, skepticism abounded.…
China Initiates Legislation to Bolster Private Sector Confidence
In a significant policy move, China has embarked on the drafting of a new law aimed at fostering the growth and development of the private-sector economy. This initiative represents the…
Worldwide Debt Soars to Unprecedented $313 Trillion, According to Institute of International Finance
In a remarkable reflection of the global economic landscape, worldwide debt levels have surged to a historic peak of $313 trillion in 2023, as reported by the Institute of International…
Bank of Korea Governor Resists Premature Interest Rate Cut Discussions
Bank of Korea (BOK) Governor Rhee Chang-yong stands firm against the anticipation of an imminent interest rate reduction, despite a board member’s suggestion of a potential policy easing within the…
S&P Foresees 9% Ringgit Recovery by Year-End
S&P Global Ratings has projected a notable 9% appreciation in the Malaysian ringgit by the conclusion of this year, emphasizing that the currency’s current weakness does not threaten the nation’s…
January Meeting Minutes Reveal Fed’s Concerns Over Premature Rate Cuts
During the Federal Reserve‘s January 30-31 meeting, the majority of policymakers expressed apprehensions about the potential risks of reducing interest rates prematurely, amidst widespread uncertainty regarding the optimal duration for…
Over 80% of Economists Predict BOJ Will End Negative Interest Rates in April
In a significant policy shift that marks the end of an era, more than 80% of economists surveyed by Reuters anticipate the Bank of Japan (BOJ) will terminate its eight-year-long…
Vietnam Stocks Shine Bright Amid Regional Challenges
Vietnam‘s stock market has emerged as a beacon of resilience, outpacing its regional counterparts and attracting a trickle of foreign investment for the first time in months. Despite the looming…
Regulatory Investigation Unveils $241 Million Accounting Discrepancy at Zee
India’s market regulator has uncovered a significant hole of more than US$240 million in the accounts of Zee Entertainment Enterprises Ltd, dealing yet another blow to the beleaguered media conglomerate.…
Dollar Dips, Stocks Slide Amid Diminished Rate Cut Expectations
On Tuesday, both the dollar and stocks experienced a downturn in New York and London, with fading optimism regarding imminent interest rate cuts by central banks weighing heavily on market…
Amazon’s Inclusion in the Dow Jones Industrial Average Signals Shift in Consumer Retail Landscape
In a significant move, Amazon is poised to join the esteemed Dow Jones Industrial Average, marking a pivotal moment in the evolution of the index. The decision, announced by S&P…