Tag Archives: News

While the CIA is yet to reveal specific details about the model underpinning the soon-to-be-launched AI tool and its privacy safeguards, its director assured that the intelligence agency adheres closely to privacy laws in the United States.  The United States Central Intelligence Agency (CIA) is preparing to unveil its own artificial intelligence (AI) bot, similar to ChatGPT, for investigative purposes.  According to a report by Bloomberg, this innovative AI tool is designed to empower CIA...

Concerns about higher interest rates can lead to reduced borrowing, higher financing costs, and a potential slowdown in economic activity. On Tuesday, September 27, the US stocks experienced a significant dip as bond yields inched up and consumer confidence declined for the second consecutive month in September. The Nasdaq Composite (INDEXNASDAQ: .IXIC), S&P 500 Index (INDEXSP: .INX), and Dow Jones Industrial Average (INDEXDJX: .DJI) all faced declines, with the latter plummeting...

The new development comes a day after CommEX officially launched on September 26, 2023. Binance, the world’s largest cryptocurrency exchange, has exited the Russian market, selling its business operations to CommEX, a digital assets trading platform. While Binance did not disclose the financial terms of the deal, the company assured its Russian users that all their assets are safe and will be securely protected during the transition process, which is expected to span up to a year....

According to the report, in some countries, central banks are directing their attention toward wholesale CBDCs, which are designed to facilitate the settlement of interbank transfers and other wholesale transactions. Agustin Carstens, the General Manager of the Bank for International Settlements (BIS), has urged countries to take immediate action in establishing clear legal frameworks to support the implementation of Central Bank Digital Currencies (CBDCs). The BIS chief made this appeal...

Guyana was the world’s fastest growing economy for 2022 and is expected to retain the title until 2025 as oil production increases. According to a recent GDP forecast from the International Monetary Fund, Guyana is expected to grow at impressive rates over the next few years. Currently the world’s fastest-growing economy, the South American country is likely to record more than 100% growth by 2028. Most of Guyana’s income comes from oil production and export. Among other factors, this...

According to the filing, Coinbase will securely hold and manage the actual Bitcoin assets that underpin the ETF. The company has also confirmed that the Bitcoin ETF will be listed and traded on the Cboe BZX Exchange, Inc. Franklin Templeton, an asset management company, has entered the competition among companies aiming to offer spot Bitcoin ETFs. This was made known through a September 12 filing with the Securities and Exchange Commission (SEC). According to the filing, Coinbase will...

Bitcoin ETFs provide an easy way for investors to put their funds into the cryptocurrency market. The crypto industry is rife with anticipation for the Securities and Exchange Commission (SEC) to approve spot Bitcoin exchange-traded fund (ETF) applications. However, the extended clamor may now have the right backing as four members of the House Financial Services Committee – two from each party – have just written a letter to that effect. In the Tuesday letter obtained by Coinspeaker, the...

Over the past three years, Costco has gained momentum, benefiting from trends such as increased home cooking, millennials moving into larger suburban homes, and inflation driving shoppers to seek value through memberships at warehouse clubs. Membership-based retail giant Costco Wholesale Corp (NASDAQ: COST) recently announced its quarterly earnings and the results were nothing short of impressive. Costco Earnings Surpasses Expectations Costco’s fiscal fourth-quarter earnings have surprised...

Tron price started a fresh increase above the $0.035 level against the US Dollar. TRX price is now trading above $0.0835 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.0840 on the 4-hour chart (data feed via Kraken). The pair could continue to move up if it settled above the $0.085 resistance zone. TRON price started a fresh increase above $0.0830 against the US Dollar, outpacing Bitcoin. TRX’s...

Bitcoin price started a fresh decline from the $27,500 zone against the US Dollar. The price is now trading below $27,000 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $26,350 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $25,850 support zone. Bitcoin price is declining below $26,600 against the US Dollar. BTC might eye...