Bolivia’s Army Chief Arrested After Attempted Coup d’etat The Arrest Bolivia’s army chief was arrested Wednesday after sending soldiers and tanks to take up position in front of government buildings in what President Luis Arce called an attempted “coup d’etat”. The troops and tanks entered Plaza Murillo, a historic square where the presidency and Congress…
Amazon to Launch Section Featuring Cheap Items from China Introduction Amazon.com is making a strategic move to cater to overseas consumers by introducing a new section on its shopping site that will showcase affordable items shipped directly from warehouses in China. According to a report from The Information, slides presented to Chinese sellers indicate that…
The Impact of Rising Core Inflation Gauges on the Economy The Bank of Canada’s preferred core inflation gauges, such as trimmed mean and weighted median CPI, surged in May, indicating a reacceleration of underlying inflationary pressures. This has sparked concerns among economists and policymakers about the potential impact on the economy. Core Services Inflation Core…
Power-law model suggests Bitcoin’s maturity post-2024 halving Onchain Highlights The Bitcoin Power-Law Model provides a mathematical description of Bitcoin’s historical price trends, revealing a power-law distribution on a log-log scale. This analysis suggests a correlation between time and price. However, the model’s foundation on historical data and the issue of non-independent sequential price points raise…
Green Blockchain Revolution: Maryland Scientist’s AVAX Triumph and BlockDAG’s Sustainable Ascent Blockchain and Environmental Impact One of the big worries in the blockchain world is the environmental impact of cryptocurrencies. The energy consumption required for mining and transacting digital assets has raised concerns about sustainability and carbon footprint. However, as the push for sustainable solutions…
BloFin believes spot Ethereum ETFs will drive short-term surge in ETH prices Ethereum ETFs on the Horizon Crypto exchange BloFin is predicting a short-term surge in Ethereum (ETH) prices with the impending launch of spot Ethereum exchange-traded funds (ETFs) in the United States. According to a research note shared on June 26, the exchange anticipates…
Cryptocurrencies waver as focus shifts to BitBot token claim The recent crash in cryptocurrency prices Cryptocurrency prices have crashed hard in the past few weeks. The crash happened as Bitcoin supply increases and as hopes of a Fed cut increases. Many investors have been hit hard by the sudden downturn in the market, with some…
BlockDAG’s Dev Release 59 Reveals X1 Miner Upgrades & ‘Resounding Success’ of Bug Bounty Program as Presale… Significant Strides in the Crypto World BlockDAG continues to make waves in the cryptocurrency universe with its latest development release, Dev Release 59. The team has been hard at work enhancing the X1 Miner application, and the results…
