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The Nuri rocket launch represents a pivotal achievement for South Korea, marking the nation’s first fully private-led space mission successfully conducted by Hanwha Aerospace. Launched from the Naro Space Center, it deployed an Earth observation satellite and 12 cubesats, signaling a strategic pivot to private sector involvement in space technology and operations. First privately-led rocket […]
XRP is experiencing a notable rally in late November 2025, driven by Franklin Templeton’s decision to include it in their Crypto Index ETF and the launch of their spot XRP product. This institutional interest has pushed prices toward $2.15, retesting key resistance as support amid reduced exchange reserves signaling potential short squeezes. On-chain data reveals […]
Russia’s economy is facing severe challenges in 2024, with 31% of Russians unable to afford basic groceries due to soaring inflation outpacing wages, driven by the ongoing war in Ukraine, sanctions, and military spending. This has led to reduced consumer spending, industry contraction, and a looming recession. Inflation surges beyond wage growth: Food prices have […]
Apple is set to surpass Samsung in global smartphone shipments for the first time since 2011, with projections of 243 million iPhone units in 2025 compared to Samsung’s 235 million, according to Counterpoint Research. This shift marks a 19.4% market share for Apple versus Samsung’s 18.7%, driven by strong iPhone 17 demand and ecosystem loyalty. […]
S&P Global Ratings downgraded Tether’s USDT stablecoin due to risks from Bitcoin price drops and unclear reserve details, rating its stability as weak. The firm warns of potential undercollateralization if high-risk assets decline, though Tether maintains full backing and disputes the assessment. S&P highlights Bitcoin’s volatility as a key risk for USDT’s reserves. Tether provides […]
S&P Global Ratings has downgraded Tether’s USDT stablecoin to its lowest stability rating, citing risks from volatile reserves like Bitcoin and insufficient audits. Despite this, 75% of reserves are in low-risk US Treasurys, but concerns persist over maintaining the dollar peg amid regulatory scrutiny. S&P highlights Bitcoin exposure at 5.6% of USDT circulation, exceeding safe […]
The UK government plans to introduce a pay-per-mile tax for electric vehicles starting April 2028, charging EV drivers 3 pence per mile to offset lost fuel duty revenue. This could reduce EV sales by 440,000 units and generate £1.4 billion by the decade’s end, amid concerns from automakers about hindering the green transition. UK EV […]
World Liberty Financial (WLFI) has seen an 8% price rise in the last 24 hours, driven by team and whale accumulations totaling over $39 million, which reduced circulating supply and signaled strong confidence, though balanced liquidations and downside liquidity clusters suggest potential volatility ahead. WLFI team purchased $7.79 million worth of tokens, removing 46.56 million […]
In a shocking San Francisco crypto robbery on Saturday night, a gunman disguised as a delivery worker invaded a tech investor’s home in the Mission District, stealing $11 million in Ethereum and Bitcoin by draining the victim’s digital wallets during a violent 90-minute ordeal. The attacker posed as a UPS affiliate with a package, gaining […]