Category: Storm
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Storm over Sh200bn Treasury budget cuts amid blackmail claims
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Treasury Minister Njuguna Ndongo on Thursday sparked a storm in Parliament over his warning of Sh200 billion in budget cuts if MPs scrapped a handful of tax increases proposed in the Finance Bill, with lawmakers accusing him of blackmail. The threat of budget cuts came before the Finance Bill was…
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Hurricane season: First named tropical storm, Alberto, forms in Gulf of Mexico
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Tropical Storm Alberto formed Wednesday in the southwestern Gulf of Mexico, the first named storm expected to be a storm Busy hurricane season. Alberto, which is bringing strong winds, heavy rain and some flooding along the Texas and Mexican coasts, is expected to make landfall in northern Mexico on Thursday.…
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Calm Before the Storm or New Stable Era?
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Bitcoin fell to a monthly low of $65,000 on June 14, and is currently down about 5% since the same time last week. However, zooming out to view the bigger picture shows that the asset is still consolidating where it has been since early March. “Bitcoin is rarely this calm,”…
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Can They Weather the Storm?
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The past two years have been a whirlwind for Binance, the world’s largest cryptocurrency exchange. Regulatory battles, hefty fines, and even the arrest of its Czechoslovakian founder, the exchange painted a picture of an industry giant under siege. However, Binance emerged unscathed. The exchange announced on Saturday that it has…
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Avalanche Weathers The Storm – Can AVAX Hit $40 Again?
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The cryptocurrency market continues to navigate a sea of uncertainty, and Avalanche (AVAX) is no exception. While AVAX has shown some resilience compared to its altcoin counterparts, a closer look reveals that the market is struggling with its altcoin counterparts. Mixed signals – A mixture of cautious optimism and underlying…
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Avalanche Weathers The Storm – Can AVAX Hit $40 Again?
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The cryptocurrency market continues to navigate a sea of uncertainty, and Avalanche (AVAX) is no exception. While AVAX has shown some resilience compared to its altcoin counterparts, a closer look reveals that the market is struggling with its altcoin counterparts. Mixed signals – A mixture of cautious optimism and underlying…
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Coinbase Layer 2 Base Takes This Industry by Storm, Captures 46% of Transactions
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Coinbase’s second layer network – Base – has seen a return of user activity. Franklin Templeton’s latest analysis revealed that Base has received significant attention from SocialFi apps like Friend.Tech. The Friend.Tech model, which funds social interactions, has drawn attention, especially with the launch of its v2 platform and the…