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Dogecoin Trading Volume Surges 47.62% To $1.32 Billion

Dogecoin Trading Volume Surges 47.62% To $1.32 Billion

Photo by Executium on Unsplash Dogecoin, initially created as a satirical take on the burgeoning cryptocurrency market, is demonstrating surprising resilience and vitality. Recently, it has experienced a substantial surge in trading volume, signalling renewed interest and optimism among investors. According to CoinGlass data, Dogecoin’s trading volume skyrocketed by 47.62% within a mere 24-hour period, reaching an impressive […]
Bakkt explores potential sale or breakup amid surge in crypto M&A activity

Bakkt explores potential sale or breakup amid surge in crypto M&A activity

Bakkt is considering strategic options, including a potential sale or breakup, according to an initial report from Bloomberg citing persons familiar with the matter. The move comes amid a surge in takeover activity within the cryptocurrency sector.The sources, who asked to remain anonymous due to the confidential nature of the matter, revealed that Bakkt has […]
Rio Tinto To Invest $143 Million In New Low Carbon Steel Project

Rio Tinto To Invest $143 Million In New Low Carbon Steel Project

Global mining and metals company Rio Tinto (RIO) announced plans to develop a new facility in Western Australia, aimed at testing the effectiveness of a new low-carbon ironmaking process, including a pilot plant to test production at a semi-industrial scale.Rio Tinto expects to invest $143 million (A$215 million) in the project, which the company said […]
China’s RE Crisis: A New Experiment In State Intervention

China’s RE Crisis: A New Experiment In State Intervention

The real estate market is responsible for anywhere from 20% to over 30% of China’s GDP (depending on who you ask). And with the latest meltdown that began with the implosion of Evergrande, the situation just keeps getting worse, inspiring a slew of government interventions beyond the scope of what would be possible in a country like the […]
Palo Alto Networks Addresses AI’s Cyber Threat

Palo Alto Networks Addresses AI’s Cyber Threat

Image Source: Pixabay According to a recent research report, the AI cybersecurity market is expected to grow to $102.78 billion by 2032. AI may be beneficial to enterprises, but it is also being used for evasive zero-day attacks that traditional security solutions cannot detect. Palo Alto Networks (NYSE: PANW) is looking to tackle this by securing AI-led attacks […]
Mission Accomplished?

Mission Accomplished?

Image Source: Unsplash The two primary drivers of the market these days are news related to inflation and developments in artificial intelligence (AI). Inflation is particularly significant because it influences the Federal Reserve’s monetary policy decisions. The Fed is prioritizing inflation control over unemployment and economic growth. Additionally, with it being an election year, fiscal policy […]
Talkin’ ‘Bout The China Gold (Whoa Oh)

Talkin’ ‘Bout The China Gold (Whoa Oh)

I ran this chart in the Quarterly Inflation Outlook released 3 weeks ago or so. Here’s what I wrote: In general, gold behaves like a very-long-duration inflation-linked bond with a zero coupon. This makes sense – if we were to issue a bond that, in exchange for the current gold price, offered to pay the […]
Apple Intelligence: Apple’s AI Coming Soon

Apple Intelligence: Apple’s AI Coming Soon

Image Source: Unsplash Apple (AAPL) is set to introduce “Apple Intelligence,” an opt-in AI service, at WWDC next week. This service (which will be integrated into iOS 18, iPadOS 15, and macOS 15) will require newer Apple devices with specific hardware capabilities. The update includes AI-driven enhancements across various applications such as Apple Maps, Apple Music, […]
Robinhood Acquisition Of Bitstamp Sparks Optimism About The Listing Of XRP

Robinhood Acquisition Of Bitstamp Sparks Optimism About The Listing Of XRP

Image Source: Pexels The post Robinhood Acquisition Of Bitstamp Sparks Optimism About the Listing of XRP  appeared first on Coinpedia Fintech NewsRobinhood Markets has announced its plan to acquire the well-known crypto exchange Bitstamp for $200 million. This acquisition aims to enhance Robinhood’s services outside the United States, particularly in Europe and Asia, where Bitstamp has a strong foothold.Meanwhile, […]
Happy Doughnut Day – The Corn And Ethanol Report

Happy Doughnut Day – The Corn And Ethanol Report

We kicked off the day with Nin Farm Payrolls, Unemployment Rate, Average Hourly Earnings MoM & YoY, Participation Rate, Average Weekly Hours, Government Payrolls, Manufacturing Payrolls, Nonfarm Payrolls, and U-6 Employment Rate at 7:30 A.M., Wholesale Inventories MoM and Wholesale Trade at 9:00 A.M., Fed Cook Speech at 11:00 A.M., Baker Hughes Oil & Total […]