Bitcoin surged to a two-week high on Monday, gaining 8.6% to $62,508. The surge followed an attempted assassination of former US President Donald Trump, who has positioned himself as a proponent of less regulation in …
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Google in Talks to Acquire Cybersecurity Startup Wiz for $23 Billion
Google’s parent company, Alphabet, is in advanced talks to acquire cybersecurity startup Wiz for a whopping $23 billion, according to the Wall Street Journal. If finalized, this deal would be Google’s largest acquisition ever, surpassing …
Continue readingBitcoin Dominance Hits 3-Year High Amidst Market Sell-Off: Is an Altcoin Bull Run on the Horizon?
Bitcoin dominance, a metric that measures its market capitalization compared to the entire cryptocurrency market, has reached its highest point since July 2021, hitting 54.5% according to TradingView. This surge comes amidst a broader market …
Continue readingBitcoin Reacts to JP Morgan CEO’s Inflation Warning: Will It Rise or Fall?
JPMorgan CEO Jamie Dimon’s recent warning about inflation has sparked speculation about its impact on Bitcoin. While Dimon cautioned about persistent inflationary pressures, recent data suggests easing inflation and potential rate cuts, creating conflicting signals …
Continue readingBiden Faces Growing Pressure to Step Aside in 2024
President Joe Biden is facing increasing pressure from within the Democratic Party to withdraw from the 2024 presidential race. A growing number of lawmakers believe a younger candidate would be better positioned to defeat former …
Continue readingTrump 2024: Billionaires Shift Allegiances, Fueling GOP Momentum
Donald Trump’s 2024 presidential campaign is gaining traction, attracting support from prominent Republicans who previously criticized him. Two influential billionaire hedge fund managers, Ken Griffin and Paul Singer, are reportedly in discussions to support Trump’s …
Continue readingBoeing Begins 777-9 Certification Flights with FAA
Boeing has initiated certification flight testing of its long-delayed 777-9 aircraft with US Federal Aviation Administration (FAA) inspectors onboard. The company conducted its first flight on Friday night after receiving Type Inspection Authorization (TIA). This …
Continue readingBitcoin Struggles to Break $60,000, Shiba Inu Faces 13% Drop, Solana Consolidates
The cryptocurrency market is experiencing mixed signals as Bitcoin struggles to break through the crucial $60,000 level, while Shiba Inu faces a potential 13% drop and Solana consolidates its position. Bitcoin’s recent attempts to break …
Continue readingUSDA Raises Corn Production, Cuts Stocks, Sending Prices Higher
The U.S. Department of Agriculture (USDA) released its latest crop production report on Friday, revealing both positive and negative news for corn and soybean markets. While the USDA raised its estimate for 2023/24 corn production …
Continue readingOil Prices Slip Despite Strong US Fuel Demand
Oil futures closed slightly lower on Friday, with investors weighing the impact of a weak consumer sentiment report against growing expectations of a Federal Reserve rate cut in September. Brent crude futures settled at $85.03 …
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