After falling sharply to new lows again since the beginning of March, Bitcoin rebounded and increased its value by $6,000. Most altcoins have reacted better and have achieved sizable double-digit gains. Ethereum price is close to US$2500, and BNB is nearly US$550. In the past few days, the major cryptocurrencies have performed poorly. Friday was …
Altcoins rise after Bitcoin price hits above $50k Read More »
The S&P 500 and the Nasdaq were set to open slightly higher on Tuesday as investors got ready for earnings reports from Microsoft and Alphabet. At the same time, they are awaiting signs from the Federal Reserve on its monetary policy stance. Besides, Apple Inc, Facebook Inc, and Amazon.com Inc’s shares were also higher. The …
According to the latest news, Goldman Sachs says that the United Kingdom looks set to see faster economic growth than the United States this year. They announced on Monday that the country races ahead with its vaccination program after its decline in 2020, as the coronavirus pandemic hit the world. The bank announced in a …
Britain is likely to see faster economic growth than U.S. Read More »
The Turkish lira rebounded 1.5% on April 26 and recovered from near an all-time low as locals took advantage of recent weakness to sell dollars, but concerts lingered regarding U.S. relations as well as pending interest rate cuts. Turkish Lira is among the worst emerging markets performers in 2021, firmed to 8.3 versus the U.S. …
Turkish Lira Recovered From Near an All-Time Low Read More »
Elon Musk’s SpaceX came closer to getting permission to fly its satellites in a lower orbit than initially planned. It happened after the head of the Federal Communications Commission backed the proposal. Jessica Rosenworcel, FCC Acting President, asked her colleagues to vote for the plan. SpaceX’s rivals, including Jeff Bezos’ Amazon.com Project Kuiper satellite unit, …
SpaceX edges closer to get Approval for Lower Orbits Read More »
Oil prices dropped nearly $1 on Monday. This is due to concerns that rising coronavirus cases in India will sink fuel demand in the world’s third-biggest oil importer. At the same time, an anticipated supply development from OPEC+ is also attached to the pressure. Brent crude held 89 cents, or 1.4%, beneath $65.22 a barrel …
Oil drops in India as fuel demand worries persist in Japan Read More »
Bitcoin rose for the first time in six days. It climbed above $52,000 as the bulls pushed the price higher during the Asian morning trading session on Monday. Bitcoin (BTC) rebounded from a 7-week low of around $47,655 in the rally that started around 22:00 UTC on Sunday. Then set its biggest hourly gain in …
Bitcoin, falling to the seven-week lowest, retakes $52,000 Read More »
India reported a record number of coronavirus infections for the fifth straight day on April 26. Remarkably, the official death toll also boosted. According to official data, there were 352,991 new reported cases over 24 hours. Meanwhile, total infection numbers surpassed 17 million. At least 2,812 people died, which lifted the total death toll to …
India reported a record number of COVID-19 infections Read More »
Asian stock markets rose to six-week highs on Monday on signs that the global economic recovery remains on track. However, increasing COVID-19 cases in the region weighed on sentiment for investors. Futures for the Euro Stoxx 50 were flat, as were those for the German DAX. The mood was relatively positive in Asia, where the …
The British pound rebounded on Friday from a sharp fall on Thursday, thanks to strong retail sales data as well as business surveys that showed a positive tendency. The country’s economy might already be recovering from its worst annual contraction in 300 years. The country’s retail sales jumped in March as customers prepared for a …
On Friday, NASA, the space agency of the United States, and SpaceX, the company of billionaire Elon Musk, launched a Falcon 9 rocket. The crew-2 mission will take four astronauts to the ISS, International Space Station. The Falcon 9 rocket took off at 6:50 am (GMT) from Kennedy Space Center in Florida, United States. The …
This Thursday, Wall Street shares closed in the red. The Dow Jones dropped by 0.94%. It was a result of an announcement that Joe Biden, the United States president, proposes a tax increase on large capital gains. At the close of the NYSE session, the Dow Jones yielded 321.41 points to 33,815.90; and the S&P …
Wall Street closes lower, and the Dow falls by 0.94% Read More »
According to a study released by a global reinsurance company, climate change’s toll on agriculture, disease, and physical infrastructure, in addition to redirected government spending, among other issues, could cause the global economy to lose $23 trillion, 10% of its value, by 2050. The Swiss Re Institute’s report shows that output could be 18% lower …
Climate change could cause the global economy to lose $23T Read More »
The Biden administration expects to pay $174 billion to improve electric vehicles and charging stations. Nevertheless, its 2030 climate emissions decrease agreement announced on Thursday does not set a specific date to phase out gasoline-powered cars. These autos are appearing. We know it. It is the future. White House climate director Gina McCarthy talked of …
Dogecoin is a joke cryptocurrency that was briefly worth $54 billion on Tuesday. How did meme-based tokens increase their market value so quickly? Dogecoin has found a use as a reminder to send interesting or informative social media posts to Reddit users. It is not to recognize its value. Many people were laughing and putting …
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