Bitcoin Gains Slightly as Markets Await Trump’s Next Move Amidst the uncertainty and volatility in the global financial markets, Bitcoin has managed to gain slightly as investors eagerly await the next move from former President Donald Trump. Analysts are closely watching Trump’s upcoming speech, with expectations that it could offer subtle support for Bitcoin, further […]
100-day gift: Trump signs order rolling back some auto tariffs amid investor concerns
100-Day Gift: Trump Signs Order Rolling Back Some Auto Tariffs Amid Investor Concerns In a major relief to automakers, U.S. President Donald Trump has pulled back part of the auto tariffs imposed on imports, marking a significant shift in trade policy. The decision comes as a 100-day gift to the industry and has sparked both […]
Musk’s XAI eyes record-breaking $20 billion in funding
Musk’s XAI Sets Sights on Record-breaking $20 Billion Funding Elon Musk’s artificial intelligence (AI) venture, XAI, is making waves in the tech industry once again. The company is reportedly considering a monumental $20 billion fundraising round aimed at bolstering its AI projects and addressing existing debt obligations. This potential move not only showcases XAI’s ambitious […]
Nike Sued Over Closure of Crypto Business
Nike Sued Over Closure of Crypto Business Nike, the global sportswear giant, is facing legal action after purchasers of Nike-themed cryptocurrency assets reported significant losses following the sudden closure of its RTFKT unit in December. The move has sparked outrage among investors who believed in the potential of the digital assets associated with the renowned […]
Slovenia’s crypto-friendly status faces test with new tax proposal
Slovenia’s Crypto-Friendly Status Faces Test with New Tax Proposal Slovenia has long been hailed as a haven for cryptocurrency enthusiasts, with its progressive stance on digital assets attracting a growing number of investors and blockchain startups to the small European nation. However, the country’s crypto-friendly status is now facing a critical test as the government […]
Eli Lilly’s New GLP-1 Pill Posts Better-Than-Expected Results
Eli Lilly’s New GLP-1 Pill Posts Better-Than-Expected Results Eli Lilly, a renowned pharmaceutical company, has recently made waves in the medical world with its groundbreaking GLP-1 pill, orforglipron. This experimental drug has surpassed all expectations by delivering exceptional results, particularly in terms of weight loss. In a remarkable turn of events, the highest dose of […]
Russia plans to add cryptocurrency terms to the criminal code
Russia Plans to Add Cryptocurrency Terms to the Criminal Code Russia is gearing up to make significant changes to its legal framework by adding cryptocurrency terms to the criminal code. This move comes as the country aims to regulate the burgeoning crypto market and address the challenges posed by digital currencies. Legal experts have suggested […]
LVMH Sales to Test Luxury Investors’ Nerves After Tariff Pain
LVMH Sales to Test Luxury Investors’ Nerves After Tariff Pain The luxury industry is facing a challenging time as the impact of tariffs continues to ripple through the market. This turmoil is evident in the luxury stocks index compiled by Goldman Sachs Group Inc., which has seen a significant drop of over $200 billion from […]
New rules in Thailand aim to tackle foreign P2P crypto services
New Regulations in Thailand to Regulate Foreign P2P Crypto Services In a bold move to combat online financial crimes and tighten control over digital asset businesses, the Thai Securities and Exchange Commission (SEC) has recently approved new emergency decrees. These regulations specifically target foreign peer-to-peer (P2P) crypto services operating within the country’s borders. The aim […]
Japan’s FSA proposes new framework for regulating crypto assets in Japan
Japan’s FSA Proposes New Framework for Regulating Crypto Assets in Japan The Financial Services Agency (FSA) in Japan has recently unveiled a discussion paper that sheds light on the country’s approach to regulating crypto assets. This move comes as a response to the increasing popularity of cryptocurrencies and the need to ensure a secure and […]