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Bitcoin Attempts to Break a Key Pattern
Bitcoin is nearing a key breakout pattern, but the rally remains fragile as long-term holders stay cautious while short-term traders dominate buying activity.
Bullwaves
Global Economy at Risk as Iran War Disrupts Energy Markets
Global economic stability is increasingly at risk as the Iran conflict disrupts energy markets and pushes oil prices higher.
Bullwaves
Dubai's Crypto Tower: The Future of Blockchain Innovation
Dubai is set to redefine the global blockchain landscape with its ambitious 17-story Crypto Tower, offering approximately 46,000 square meters of rental space dedicated to Web3 innovation and development.
Bullwaves
OpenAI Secures $200M Pentagon Contract
OpenAI has been awarded a contract worth up to $200 million by the U.S. Department of Defense to create advanced AI prototypes
Bullwaves
Gucci now accepts crypto payment at all stores
Italian luxury brand Gucci is set to begin accepting cryptocurrency payments at select stores in the United States.
Bullwaves
Why Is the Crypto Market Up Today?
The crypto market is rebounding after a recent drop, driven by Bitcoin’s recovery and renewed buying pressure. Key resistance and support levels will determine whether the rally continues.
Bullwaves
Tik tok says reports of possible sale to elon musk are 'pure fiction'
TikTok has denied a report suggesting that China is considering facilitating a sale of the app to tech billionaire Elon Musk in order to keep it operational in the U.S. amid potential government action.
Bullwaves
Apple Enters the AI Data Center Race
In a significant strategic shift, Apple Inc. has embarked on a $1 billion investment to enhance its artificial intelligence (AI) capabilities, marking its entry into the AI data center arena.
Bullwaves
Wall Street launches new CDS index tied to private credit
Wall Street is introducing a new way for investors to hedge or bet against risks in private credit. The product reflects growing concern around pressure in the sector after months of instability.
Bullwaves
Westpac Annual Profit Falls Amid Tough Home-Lending Competition
Westpac reported a slight annual profit decline amid fierce home-lending competition but exceeded analyst expectations, highlighting stable credit quality and strong capital reserves.
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Will Digital Currencies Become the Norm in a Cashless Society?
As the world shifts towards a cashless future, digital currencies are gaining traction. More than 90% of central banks globally are exploring the introduction of a central bank digital currency (CBDC) to complement existing banknotes, according to a report by the Bank for International Settlements (BIS).
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Global Debt Hits Record $324 Trillion
Global debt has hit a new high of $324 trillion, driven by economic challenges and rising liabilities, especially in China, France, and Germany. Emerging markets face record repayment obligations in 2025.
Bullwaves
coinbase launches a credit card that gives 4% back
Coinbase is launching its own crypto-earning credit card, offering up to 4% back in Bitcoin.
Bullwaves
Meta execs obsessed over beating OpenAI’s GPT-4 internally 🤖
Executives and researchers leading Meta’s AI efforts focused intensely on surpassing OpenAI’s GPT-4 model while developing Llama 3, according to internal messages revealed during a court case on AI copyright issues, Kadrey v. Meta.
Bullwaves
tesla open first indian store in mumbai
Tesla officially enters the Indian market with the launch of its Model Y, opening its first showroom in Mumbai and revealing plans to explore local R&D and manufacturing opportunities.
Bullwaves
US egg prices hit a record high of $4.95
Egg prices have reached a record high in the U.S. due to an ongoing bird flu outbreak. The latest consumer price index indicates that the average cost of a dozen Grade A eggs in U.S. cities hit $4.95
Bullwaves
Powell’s Final FOMC Meeting: Wins, Mistakes, and the Legacy Left to Kevin Warsh
Jerome Powell prepares for his final FOMC press conference, ending an era marked by crises, inflation battles, and market volatility. Kevin Warsh is set to inherit a challenging Federal Reserve landscape.
Bullwaves
Wall Street banks surge as earnings season kicks off
Wall Street's biggest banks are entering earnings season with strong momentum, driven by higher trading, investment banking activity, and improved lending margins.
Bullwaves
nvidia CEO wants to change or eliminate every job
Nvidia breaks the $4 trillion barrier, but CEO Jensen Huang’s warning about AI’s impact on jobs raises questions amid studies showing limited productivity gains.
Bullwaves
Berkshire Hathaway restructures its leadership team
Warren Buffett prepares to transfer his role to Greg Abel.
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