July 22, 2024 Biden Announces Resignation from Presidential Race, Citing National Interest: President Joe Biden has announced his decision to withdraw from the presidential race, emphasizing that it is in the best interest of both his party and the country. In a heartfelt statement, he reflected on the progress made during his administration and expressed […]
July 21, 2024 Weekly: Latest Updates and Insights SEC Approves Trading for Ether ETFs Starting July 23: The SEC has informed issuers of spot Ether exchange-traded funds (ETFs) that they can begin trading on July 23, following the submission of amended S-1 documents. This announcement has led to a surge in Ether’s price, with expectations
JULY 14, 2024 Shooting at Trump Rally Comes at Volatile Time in American History: The recent incident involving an assassination attempt on former President Donald Trump during a rally is an example of such volatility. This event occurred at a time when the United States is experiencing heightened political tensions and divisions, which can lead
The electric vehicle (EV) maket, once surging with growth, is now facing a noticeable deceleration. This article delves into the latest developments and underlying reasons for this slowdown, drawing insights from recent news and industry reports. A Closer Look at the Numbers Despite the overall global growth in EV sales, certain markets are witnessing a
The Ebb in the Electric Tide: Deciphering the Slowdown in EV Sales Read More »
July 14, 2024 Weekly: Latest Updates and Insights U.S. June Unadjusted Core CPI Annual Rate Announced at 3.3%, Below Expectation: The U.S. Bureau of Labor Statistics announced that the unadjusted annual core CPI rate for June 2024 was 3.3%, lower than the expected 3.4% . This marked a slowdown in the pace of core inflation, which excludes
JULY 7, 2024 Joe Biden Campaigns in Battleground State as Democrats Debate his Future: Joe Biden campaigned in a battleground state amid growing concerns within the Democratic Party about his future in the 2024 presidential election, but he remains committed to his candidacy and has launched a series of campaign initiatives to demonstrate his fitness
The tokenization of real-world assets (RWAs) is rapidly reshaping the landscape of decentralized finance (DeFi). By converting tangible assets like real estate, art, and financial instruments into digital tokens, RWAs bridge the gap between traditional financial markets and the blockchain ecosystem. This integration unlocks new opportunities for liquidity, accessibility, and financial inclusion while also presenting
Real-World Assets (RWAs) Revolutionizing Decentralized Finance (DeFi) Read More »
July 07, 2024 Weekly: Latest Updates and Insights Mt. Gox Begins Bitcoin and Bitcoin Cash Repayments to Creditors: Mt. Gox has announced the commencement of repayments in Bitcoin and Bitcoin Cash to some creditors as of July 5, 2024, following the rehabilitation plan. Repayments to additional creditors will be expedited once specific conditions are met,
JULY 1, 2024 The Global Financial System is in Danger of Fragmenting: The global financial system is at risk of fragmenting, as rising geopolitical tensions and unilateral regulatory actions by jurisdictions threaten to trap capital, liquidity, and risk in local markets, creating financial and operational inefficiencies that could undermine economic growth and job creation. Experts
June 30, 2024 Weekly: Latest Updates and Insights VanEck’s Application for Solana ETF: VanEck has submitted an application to the SEC for the first Solana ETF, arguing that Solana (SOL) should be classified as a commodity rather than an unregistered security, similar to Bitcoin and Ethereum. Despite skepticism regarding the approval of this application in
