Metaplanet acquires more Bitcoin as market rebounds to $63k Quick Take On July 1 Metaplanet acquired an additional 20.195 Bitcoin, bringing its total holdings to 161.26 Bitcoin. The company spent 200 million yen ($1.24 million) on its latest purchase, with an average price of 9,903,441 yen ($61,506) per Bitcoin. The acquisition is part of Metaplanet’s…
Ugandan Government’s Budgetary Allocation: A Concern for Economic Growth In a concerning development for Uganda’s economy, the government’s recurrent expenditure overshadows capital expenditure, hindering the provision of infrastructure, investments, and potentially impeding economic growth. When recurrent expenditure exceeds capital expenditure, it creates an imbalance that has consequences for employment rates, infrastructure development, and overall economic…
IOTA 2.0 Testnet Launch: Exciting Developments Ahead The Community’s Anticipation IOTA 2.0 is thriving with a thrilling new project in development. The community eagerly anticipates the testnet debut, with significant advancements underway. Following the shedding of 2.55% in the past day of when the IOTA 2.0 Testnet Launch reported by CNF, signaling a growing interest…
Introduction On Friday, we received further encouraging data on inflation from the US. The US May core PCE came in at +0.1%, matching expectations. However, HSBC, in their most recent ‘global outlook’ note, offered a more cautious perspective. They anticipate that the pace of improvement in inflation will be gradual and uneven moving forward. This…
Only Jill Biden Can Influence the US President’s Decision to Drop Out A Debate Debacle Oh, the drama! In a recent turn of events, NBC has reported that only Jill Biden can influence the US president’s decision on whether to drop out of the campaign after the debate debacle. Talk about pressure! A Behind-the-Scenes Look…
Want to Become a Millionaire in 2024? Look Out for These Altcoins: BlockDAG with $54.3M Pr… The Rise of Polkadot and TRON in the Cryptocurrency Markets As cryptocurrency markets experience shifts, Polkadot and TRON remain strong, offering valuable growth opportunities. While Polkadot continues to appeal for its potential long-term value despite its price drops, TRON…
Quirky Blog Post: Oh Putin, Here We Go Again… So, there I was scrolling through the news feed when I stumbled upon something that made me do a double-take. Vladimir Putin, yes that Vladimir Putin, just announced that Russia should start making more of those good ol’ nuclear-capable missiles. Can you believe it? It’s like…
Parisians Disappointed as Olympic Rental Prices Plummet The Plight of Giulia and other Apartment Owners Parisians looking to pocket a fortune by renting out their apartments to tourists visiting the French capital for the Olympics have been left disappointed as prices crash close to the start of the Games. With a month to go before…
