XRP Whales Show Frustration in Bearish Market It appears that XRP whales are frustrated due to the current bearish market sentiment. Today on September 19, 2024, the blockchain transaction tracker Whale Alert made a post on X (Previously Twitter) that an XRP whale has dumped a significant 18.03 million tokens, worth $10.39 million to the…
The US Federal Reserve Cuts Key Interest Rate Introduction The US Federal Reserve announced on Wednesday that it would be cutting its key lending rate by half a percentage-point. This is the first rate reduction since the beginning of the Covid-19 pandemic and comes just weeks before the November presidential election. The move is aimed…
Lebanon Rocked by Series of Explosions Chaos Continues in Wake of Tragedy While Lebanon was still reeling from the shock of yesterday’s pager blasts that killed 12 people, the country has been shaken with a fresh series of nationwide walkie-talkie explosions, which have killed nine people so far and has injured hundreds. The explosions have…
Investors Warned of Deadline in Webtoon Entertainment Inc. Securities Class Action Lawsuit New Orleans, Sept. 18, 2024 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until November 4, 2024 to file lead plaintiff applications in a securities class action lawsuit against WEBTOON Entertainment Inc. (“Webtoon” or the “Company”) (NasdaqGS:…
Ethereum (ETH) Attracts Crypto Whales Amid Bearish Market Sentiment The Curious Case of Crypto Whales Reversing the Tide Oh, the world of cryptocurrency never fails to surprise us! Just when we thought the market was heading towards a downward spiral, a glimmer of hope emerges in the form of crypto whales showing renewed interest in…
Unlocking Bitcoin Adoption Through Strong Custodial Practices The Role of Custodians in Bitcoin Adoption Global accounting firm KPMG recently released a report emphasizing the significance of robust custodial practices in driving Bitcoin (BTC) adoption among institutions and businesses. In their report titled “The Importance of Custodians in Bitcoin Adoption and Ownership,” KPMG highlights the pivotal…
UNEB: Exam Cheating Attracts a Fine of UGX 400M or 10 Years Imprisonment Exam Cheating Consequences in Uganda The Uganda National Examination Board (UNEB) recently made a bold statement regarding examination cheating in schools. According to Ms. Jeniffer Kalule Musamba, UNEB’s Public Relations Officer, candidates caught engaging in exam malpractice could face severe consequences such…
The Rise of Bitcoin as an Investment Diversifier Exploring Bitcoin’s Unique Role in Investment Portfolios In a recent report, Blackrock, the largest digital asset manager, delved into Bitcoin’s role as a unique investment diversifier. The report highlighted the distinct risk and return factors that Bitcoin brings to the table when compared to traditional assets. Bitcoin’s…
