The Dogecoin-themed race car crossed the finish line after hitting the wall on Saturday. It hilariously seemed to be the perfect metaphor for DOGE’s weekend performance. The NASCAR Xfinity Series race held in Nashville on Saturday ended with a Dogecoin-sponsored car disaster. Stefan Parsons drove a Chevrolet Camaro with the DOGE logo and hit the …
DOGE race car crashes while the coin drops sharply too Read More »
China, a fast-growing wine market, plans to turn its primary wine-producing region of Ningxia into a center of top-quality wine production. It also plans to compete with international brands and boost the local economy. The latest news revealed that the Asian giant aims to turn Ningxia into one that rivals France’s Bordeaux. A plan, which …
China aims to turn Ningxia into France’s Bordeaux rival Read More »
The Hang Seng closed today with advances of 0.85%, reflecting investors’ optimism at the prospect of an official dialogue between the presidents of China and the United States. The selective increased by 242.68 points to 28,801.27. Meanwhile, the Hang Seng China Enterprises advanced by 0.54%. Among the sub-indices, Commerce and Industry boosted the most with …
Prospects of US and China presidents’ talk boosted Hang Seng Read More »
Many people were shocked by Shiba Inu’s (SHIB)‘s proposal to make its debut on the US cryptocurrency exchange Coinbase Pro. the exchange is one of the most regulated and compliant exchanges globally. At the same time, the coin is just a memetic currency without its characteristics. However, earlier this week, Coinbase Pro, along with Keep …
Coinbase Pro delays SHIB deposits, causing its price drop Read More »
The U.S. dollar once more demonstrated its strength on Friday, as it edged higher in early European trade, continuing to benefit from the Federal Reserve’s position. The greenback is still reaping the rewards of the central bank, taking a more hawkish stance sooner than expected. The Federal Reserve’s hawkish position represented an abrupt change from …
Federal Reserve’s Hawkish Tone and its impact on Dollar Read More »
On June 17, North Korea’s leader Kim Jong Un has announced his country is facing problems amid reports of food shortages and inflated prices for basic goods. According to Korean Central News Agency (KCNA), Kim Jong told the plenary meeting of the Workers’ Party of Korea the nation was experiencing a tense food situation. North …
Kim Jong says the food situation in North Korea is troubling Read More »
Vaccine policy will be the most important economic policy this year as the world tries to rebound from COVID-19. This is according to International Monetary Fund (IMF) chief Kristalina Georgieva She also added that vaccine policy might beat even monetary and fiscal policy in terms of significance. The International Monetary Fund announced earlier in April …
IMF chief says vaccine policy will top all other policies Read More »
Oil prices dropped for a second continuous session on Friday. The U.S. Dollar rose on the prospect of interest rate hikes in the United States. However, they were on course to end the week. Limited changed and only slightly off multi-year highs. Brent crude futures were under 52 cents, or 0.7%, at $72.56 a barrel …
Crude oil prices flew near multi-year highs on Thursday. They were buoyed by declining U.S. crude inventories, limiting the impact of a stronger U.S. dollar. Brent crude oil futures fell 12 cents, or 0.1%, to $74.27 a barrel by 1332 GMT. They score their highest after April 2019 in the past session. U.S. crude oil …
An artificial intelligence startup company that developed computer vision tools to enable remote claims assessment is announcing a significant round of funding. Tractable, a leading AI company, works with auto insurance companies. When drivers get into an accident, Tractable allows them or their repairer to submit photos of damaged cars. The company’s AI analyzes them …
Tractable raises $60M to grow in accident recovery Read More »
Coinbase made the meme cryptocurrency Dogecoin (DOGE) listing earlier this month. And on Tuesday, Coinbase announced the Shiba Inu (SHIB) token would be added to Coinbase Pro this week. Some regard the ERC20 encrypted Shiba Inu as an alternative token to Dogecoin. The NASDAQ-listed company stated that immediately, Coinbase Pro users could transfer Shiba Inu …
Shiba-Inu token is already on Coinbase Pro: Prices surged Read More »
Wall Street stocks ended lower on Wednesday after the Federal Reserve meeting. As expected, the Fed left interest rates unchanged despite the spike in inflation and improved its forecast for the country’s economic growth to 7% in 2021. However, the central bank has advanced the dates for the next rate hike. It is projected to …
Wall Street sank as Fed may rise rates earlier than expected Read More »
The U.S. dollar reached its highest point in almost two months against its main peers on Thursday after the Federal Reserve unexpectedly brought forward its projections for interest rate hikes into 2023. The dollar index, which tracks the greenback against six rivals, rose as high as 91.484 in Asia for the first time since April …
Dollar Reached its Highest Level in Almost Two Months Read More »
Chinese government sparked confusion over the supposed ban on bitcoin mining. In the southwestern Yunnan province in China, the latest mining hub in the country, Miners have to close up shop until the end of June. Miners in the Zhundong Economic and Technology Development Zone have to stop their operations. According to local media, the …
The U.S. dollar suffered minor losses in early European trade on Wednesday but remained near a one-month high as traders warily await the latest communications from the Federal Reserve after the recent jump in U.S. inflation. At 2:55 AM ET (07:55 GMT), the dollar index was less than 0.1% lower at 90.468. The index which …
Dollar Fell But is Still Close to a One-Month High Read More »
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