Elon Musk’s vision of turning the social media platform (formerly Twitter) into an all-encompassing “Everything App” is inching closer to reality. The platform recently acquired a money transmitter license in Washington D.C., bringing the total number of regions where it…
Tether, a major stablecoin issuer, has announced plans to invest over $1 billion in artificial intelligence (AI) and biotechnology (biotech). This significant investment will be managed by its investment arm, Tether Holdings Inc. Tether’s Emphasis on Emerging Markets and Disintermediation…
Cathie Wood’s Ark Invest, renowned for its high-conviction bets on revolutionary technologies, has made a strategic move by unveiling its financial stake in OpenAI, the company behind the popular ChatGPT language model. This action underscores Ark’s dedication to the burgeoning…
In a historic shift, the Bank of Japan (BOJ) on Tuesday abandoned its ultra-loose monetary policy, indicating a significant step towards normalcy after years of unconventional measures. This move signals a potential turning point for global interest rates as Japan…
Japan’s leading stock market index, the Nikkei 225, broke through a historic barrier on Thursday, reaching a new all-time high of over 39,000 points for the first time since 1989. This milestone marks the culmination of a remarkable 35-year journey,…
Wall Street finished Friday with a mixed bag, as early optimism fueled by big bank earnings fizzled out over concerns about future economic headwinds. Despite the lackluster end to the day, the S&P 500 managed to cling to gains for…
In a move that sent markets soaring, the Fed signals a potential shift in its monetary policy stance during its final meeting of 2023. While officials agreed to hold interest rates steady for now, the minutes released Wednesday revealed a…
Worldcoin welcomed ousted OpenAI CEO Sam Altman’s return in OpenAI as CEO again. The WLD price was volatile since Altman was fired from OpenAI by the board trading as low as 1.84. The coin is trading at $2.59 at the…
Japan’s stock index reached its highest point in 33 years on Monday. The Nikkei 225 index rose by 0.9% to 33,850 points in intraday trading on Monday. Which is the highest point since March 1990. However, after reaching the high…
For the first time in four months, the Japanese Yen seemed poised to mark its impressive performance against the dollar by the end of the week, buoyed by the expectations of diminishing U.S.- Japan rate difference. The speculation that the…
