Gold Prices Soar to Record Highs Amid Global Tensions, Predicted to Reach $3,000 in 2024 Gold prices have surged to unprecedented levels in 2024, reaching a record high of $2,254 on Tuesday. Investors who entered the market early this year…
Spot Bitcoin ETF Trading Volumes Decline Amid Market Volatility On Monday, the collective spot Bitcoin exchange-traded funds (ETFs) in the U.S. experienced a shift to net outflows, breaking a streak of net inflows recorded each trading day of the previous…
U.S. Approves Major Offshore Wind Project off Massachusetts, Advancing Biden’s Climate Goals On Tuesday, the U.S. Interior Department sanctioned the nation’s eighth large-scale offshore wind farm, set to be established off the Massachusetts coast, capable of supplying electricity to over…
German Price Expectations Hit Three-Year Low, ECB Interest Rate Cut Anticipated In March, German firms reported a significant drop in price expectations, reaching a three-year low, according to the Ifo institute. This decrease suggests that inflation may soon dip below…
World Bank Optimistic on Sri Lanka’s Economic Recovery with Revised Growth Forecasts The World Bank has revised its economic growth forecast for Sri Lanka, now anticipating a 2.2% expansion in 2024, as the country rebounds quicker than expected from its…
MAS Introduces New Consumer Protection Guidelines for DPT Service Providers Singapore is set to implement tougher regulations for entities involved in cryptocurrency or digital payment token (DPT) services. The Monetary Authority of Singapore (MAS) announced on Tuesday its plans to…
Wolfgang Wienand Appointed as New CEO of Lonza, Succeeding Interim CEO Albert Baehny Swiss pharmaceutical contract manufacturing company Lonza announced on Tuesday that Wolfgang Wienand, currently CEO of Siegfried Holding, will be taking over as its new chief executive. Since…
Hyundai and Kia Recall 3.4 Million Vehicles Due to Fire Risk, Repairs Delayed Hyundai and Kia issued a recall for 3.4 million vehicles in the United States in September, advising owners to park their cars outdoors due to a risk…
Russia’s Central Bank Maintains Key Rate at 16% Amid Inflation Concerns During its March meeting, Russia’s central bank decided to maintain its key interest rate at 16%, citing a less significant reduction in inflationary pressures than was observed towards the…
Tether Expands Bitcoin Holdings with $600 Million Acquisition, Amplifying Its Market Influence BollywoodFever, April 01: Stablecoin giant Tether has made a significant addition to its Bitcoin portfolio, securing an additional 8,888 BTC valued at approximately $600 million. This acquisition came…
Industry Experts Debate Bitcoin’s Path to $1 Million: Insights and Predictions BollywoodFever, March 31: In a recent panel discussion hosted by Roundtable anchor Rob Nelson, a constellation of industry experts, including Adam Swick of Marathon Digital Holdings, Brian Dixon of…
QatarEnergy Expands Fleet with 19 New LNG Vessels Amid Global Production Boost BollywoodFever, March 31: Saad Al Kaabi, CEO of QatarEnergy, announced on Sunday the completion of charter agreements with multiple Asian shipping companies, adding 19 LNG carriers to its…
Blackrock’s Bitcoin Bet Pays Off: Ishares Bitcoin Trust Surges Beyond Expectations BollywoodFever, March 31: Blackrock’s Ishares Bitcoin Trust (IBIT) has markedly escalated its bitcoin assets, now holding over 252,011 BTC, equivalent to around $18 billion in value. This growth signifies…
AT&T Confirms Major Data Breach Affecting Millions of Current and Former Customers BollywoodFever, March 30: AT&T has confirmed that an online data breach has compromised the information of over 7.6 million current and 65 million former customers. In response, the…
Everything you want to know about China’s e-CNY China’s e-CNY, the digital version of the yuan, stands at the forefront of central bank digital currencies (CBDCs) globally. Initiated in 2019, this pioneering digital currency project has seen substantial backing from…