Key takeaways BSV is enjoying a good run after adding 6% to its value this week. The coin could rally towards the $40 psychological level soon amid strong technical indicators. Bitcoin SV breaks into the top 100 Bitcoin SV (BSV) is a hard fork of the Bitcoin Cash cryptocurrency and is mirroring its performance. Bitcoin…
TOKYO: Japan’s core inflation hit a more than two-year high in May, exceeding the central bank’s 2% target for well over three years, keeping it under pressure to resume interest rate hikes despite economic pressure from U.S. tariffs. The data underscores the challenge the Bank of Japan faces in juggling pressure from persistent food inflation…
BEIJING: Tesla’s first China grid-scale battery storage station using its megapack batteries will be located in Shanghai, local media Yicai reported on Friday. The deal involving an investment of 4 billion yuan ($556.8 million) was signed between the U.S. automaker, China Kangfu International Leasing Co and the Shanghai local government on Friday, according to the…
BEIJING: China’s military criticised on Friday the sailing of a British warship through the Taiwan Strait as a deliberate attempt to “cause trouble”, while Taiwan’s president ordered monitoring stepped up in response to Chinese military activities. China, which views Taiwan as its own territory, though Taipei rejects that claim, has stepped up drills around the…
THE BBC has threatened legal action against Perplexity, accusing the AI startup of training its “default AI model” using BBC content, the Financial Times reported on Friday, making the British broadcaster the latest news organisation to accuse the AI firm of content scraping. The BBC may seek an injunction unless Perplexity stops scraping its content,…
JAKARTA: Indonesia expects to sign a free trade agreement with the Russian-led Eurasian Economic Union (EAEU) this year in a move likely to boost demand for its commodity exports, its senior economic minister said in a statement released on Friday. Coordinating Minister for Economic Affairs Airlangga Hartarto said the agreement would open up new opportunities…
By Francisco Rodrigues (All times ET unless indicated otherwise) Risk assets, cryptocurrencies among them, breathed a sigh of relief after President Donald Trump ruled out an immediate entry into the Israel-Iran war, saying he may wait two more weeks before deciding whether to add U.S. firepower to the conflict. Bitcoin (BTC) is hovering around $106,000,…
Dogecoin’s six-month consolidation is a coil, not a coffin, according to the pseudonymous technician Cantonese Cat, whose 19 June video marshals multiple time-frame evidence to argue that the meme-coin’s next directional break will be up—potentially as far as $4.13 before the current cycle tops out. Dogecoin Breakout Is Only A Matter Of Time The analyst…
Bitcoin Magazine How Bitcoin Reduces Counterparty Risk in Corporate Treasury Strategy Bitcoin offers corporations the rare ability to hold pure capital—an asset with no issuer, no counterparty, and no reliance on financial intermediaries. However, these benefits are fully realized only through self-custody, as third-party custodians reintroduce counterparty risk. In an era of rising systemic risk,…
LONDON: A Russian activist who helped collect humanitarian aid for Ukraine and evacuate Ukrainians from the war zone was sentenced on Friday to 22 years in prison by a Moscow military court, the RIA state news agency reported. Nadezhda Rossinskaya, also known as Nadin Geisler, ran a group called “Army of Beauties”, which said it…
