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Chainlink climbs as Hedera tops developer activity leaderboard
Chainlink saw a significant spike in developer activity in June as the decentralized oracle network climbed to second place behind Hedera, according to data from market intelligence platform Santiment. According to Santiment’s analysis, Hedera remains the number one cryptocurrency in terms of GitHub activity. However, Chainlink developer data from its…
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Asian stocks rangebound amid rate jitters; Powell speech awaited By Investing.com
Most Asian stocks moved in a narrow range on Tuesday as uncertainty over interest rates, especially ahead of a speech by Federal Reserve Chairman Jerome Powell, kept investors on edge. Regional markets got a moderate signal from a slightly positive close on Wall Street overnight, with the technology sector the…
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Increasing speculation of a PBOC RRR cut this month or next
There are some expectations that the People’s Bank of China will cut the reserve requirement ratio this month, or in August, to boost long-term liquidity and support bond buying. The People’s Bank of China may adopt measures such as cutting the reserve requirement ratio (RRR) to provide sufficient liquidity to…
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Sony to Launch Crypto Exchange in Japan Via Acquired Local Platform
Japanese multinational corporation Sony is preparing to launch its own cryptocurrency exchange. The company intends to do this by relaunching another cryptocurrency trading platform it acquired in August 2023. according to press releaseAmber Japan, the parent company of Japanese cryptocurrency exchange WhaleFin, which was acquired by Sony last year, has…
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Sony to Launch Crypto Exchange in Japan Via Acquired Local Platform
Japanese multinational corporation Sony is preparing to launch its own cryptocurrency exchange. The company intends to do this by relaunching another cryptocurrency trading platform it acquired in August 2023. according to press releaseAmber Japan, the parent company of Japanese cryptocurrency exchange WhaleFin, which was acquired by Sony last year, has…
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Nvidia Is a Top AI Stock, but Don’t Ignore These 4 Red Flags
Nvidia‘s (NASDAQ: NVDA) The company’s shares have risen more than 600% over the past two years, much of it driven by the growth of the AI market, which has boosted its sales of graphics processing units for data centers to handle complex AI tasks. The growing market demand for data…
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Samsung Electronics workers to strike on July 8-10, union official says By Reuters
By Heekyung Yang and Joyce Lee SEOUL (Reuters) – South Korea’s Samsung Electronics Co Ltd workers’ union has called a strike from July 8 to 10, a union official said on Tuesday, as it steps up industrial action against the country’s most valuable company. The official told Reuters by phone…
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Are We Finally Winning the Security Battle?
In a notable shift, June saw a significant drop in cryptocurrency losses due to hacks, down 54.2% from the previous month, according to the latest data. Data From PeckShield. This decline in cyber theft points to an evolving space in crypto security, even as the industry struggles with ongoing challenges.…
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U.S. judge halts Biden administration pause on LNG export licenses (NYSE:LNG)
lyash01/iStock via Getty Images A U.S. district judge issued a ruling Monday. blocked US President Donald Trump has issued an order banning the Biden administration from approving LNG export applications, and ordered the LNG export ban to be lifted “in full, effective today.” A coalition of 16 Republican-led states, including…
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RBA could hike rates in August, supporting AUDUSD- UBS By Investing.com
UBS said it expects the Reserve Bank of Australia to raise interest rates in August after a series of inflation surprises, and that the Australian dollar (AUDUSD) is likely to benefit from such a scenario in the longer term. Australia’s inflation rate has unexpectedly risen for three straight months, raising…
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German Government Moves Millions More in Bitcoin to Exchanges
Germany’s Federal Criminal Police Office (BKA) on Monday transferred an additional 1,500 bitcoins, worth nearly $95 million, to several cryptocurrency exchanges, including Bitstamp, Coinbase, and Kraken. Urgent: ?? German government sends 1,500 more #Bitcoin It is worth $95 million on the stock exchanges ? pic.twitter.com/AZqs0UFWei — Bitcoin Magazine (@BitcoinMagazine) July…
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German Government Moves Millions More in Bitcoin to Exchanges
Germany’s Federal Criminal Police Office (BKA) on Monday transferred an additional 1,500 bitcoins, worth nearly $95 million, to several cryptocurrency exchanges, including Bitstamp, Coinbase, and Kraken. Urgent: ?? German government sends 1,500 more #Bitcoin It is worth $95 million on the stock exchanges ? pic.twitter.com/AZqs0UFWei — Bitcoin Magazine (@BitcoinMagazine) July…
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GE extends CEO Larry Culp’s contract through at least 2027
General Electric has agreed to extend CEO Larry Culp’s leadership of the aircraft maker through at least 2027, removing him from the list of potential candidates to become Boeing’s next CEO. General Electric said in a securities filing Monday that Culp could remain at the helm of the company through…
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US President Biden says no one is above the law
Biden speaks on Supreme Court immunity ruling, here are some notes: US President Biden is scheduled to deliver a speech at 7:45 p.m. ET. Biden: There are no kings in America. No one is above the law The decision means there are virtually no limits to what the president can…
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Why Is This BTC Chart Super Bullish?
Bitcoin is trending higher in spot market prices, having surpassed $63,000 on June 30 before pulling back. Despite the momentum, the price action is a source of debate. However, some are skeptical, believing there is a reason for its value to rise to such exaggerated levels. Analyst: Bitcoin Is Overvalued,…
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Kenya Agoa exports dip 42pc, deny traders dollar windfall
Kenya’s export earnings to the United States under the African Growth and Opportunity Act (AGOA) fell by 41.7 percent last year, new data shows, hurt by a general decline in garment shipments, denying traders gains during a period when the shilling weakened sharply against the dollar. Kenya exported Ksh65.77 billion…
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Drugmakers’ appeal to end Zantac cancer lawsuits rebuffed by judge By Reuters
By Brendan Pearson (Reuters) – A Delaware judge has rejected a request by GlaxoSmithKline and other drugmakers to appeal a ruling that allows more than 70,000 lawsuits alleging that heartburn drug Zantac causes cancer. The ruling by Judge Vivian Medinella of the Delaware Supreme Court means that drug companies, which…
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Drugmakers’ appeal to end Zantac cancer lawsuits rebuffed by judge By Reuters
By Brendan Pearson (Reuters) – A Delaware judge has rejected a request by GlaxoSmithKline and other drugmakers to appeal a ruling that allows more than 70,000 lawsuits alleging that heartburn drug Zantac causes cancer. The ruling by Judge Vivian Medinella of the Delaware Supreme Court means that drug companies, which…
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USDC Becomes First Major MICA Compliant And Regulated Stablecoin In The European Economic Area (EEA)
In a significant development for the digital assets landscape, circleCircle, a global fintech and USDC issuer, announced that its French entity has become the first global stablecoin issuer to achieve compliance with the European Union’s pioneering Markets for Crypto-Assets (MiCA) regulatory framework. This achievement underscores Circle’s commitment to building a…
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USDC Becomes First Major MICA Compliant And Regulated Stablecoin In The European Economic Area (EEA)
In a significant development for the digital assets landscape, circleCircle, a global fintech and USDC issuer, announced that its French entity has become the first global stablecoin issuer to achieve compliance with the European Union’s pioneering Markets for Crypto-Assets (MiCA) regulatory framework. This achievement underscores Circle’s commitment to building a…