Author: News Room

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Throughout this month, bitcoin and ethereum have risen to their highest valuations in years. These two pivotal crypto assets have substantially influenced the cryptocurrency market, with bitcoin currently holding a 51.9% market dominance and ethereum at 17% as of mid-March 2024. Furthermore, in recent years, derivative tokens of bitcoin and ether have garnered significant popularity. Among these, STETH and WBTC stand out as preeminent, ranking within the top 20 of the crypto economy’s market capitalizations. Derivative Tokens Linked to Bitcoin and Ether Cement Their Status Over the Years Labeled as wrapped, synthetic, derivative, or bridged – regardless of the terminology,…

Schiff: DOJ ‘bears some of that responsibility’ for not moving faster on Trump cases Democratic Rep. Adam Schiff tells CNN’s Dana Bash that the Justice Department “contributed to a situation where none of these trials may go forward” but blames Trump’s legal team for delaying the legal proceedings.

After losing to Luca Nardi at Indian Wells, Novak Djokovic uttered the words “we move on.” It could be that simple for the World No.1. However, there are also signs that something has temporarily shifted in the headspace of the 24-time Grand Slam winner. The agitation during the match was a window into that confusion upstairs. Djokovic is the best at his sport and pretty much everything that goes around making it that way. His mental resilience and training are legendary. He ‘lost’ the 2019 Wimbledon final on every metric apart from the most important. His (gluten-free) diet and increased…

By Takahiko Wada and Leika Kihara TOKYO (Reuters) – As Japan nears an end to eight years of negative interest rates, a regional lender in Kyoto is offering e-learning to train up staff who have no experience lending money or collecting deposits in a positive interest rate environment. One of the sessions, targeting roughly 3,300 Bank of Kyoto employees, explains why interest rates are important, how the lending rate is set and how rising interest rates affect the bank’s business and its clients. In other sessions, the bank’s older executives with experience of the days when Japan had positive interest…

By Satoshi Sugiyama TOKYO (Reuters) -Japan’s core machinery orders fell more than expected in January on the back of a weak manufacturing sector, data showed on Monday, prompting the government to downgrade its view on the indicator for the first time in more than a year. The data, released on Monday by the Cabinet Office, follows recent data that highlighted concerns about the sluggish recovery in the world’s fourth-biggest economy. It comes as the Bank of Japan (BOJ) kicks off its two-day monetary policy meeting, although core machinery orders data is unlikely to have a significant bearing on the central…

China’s finance minister Lan Fo’an, reaffirmed on Sunday the importance of a proactive fiscal policy to enhance the country’s economic recovery and help the world’s second-largest economy achieve its economic growth goals this year, per Bloomberg.  Key quotes “Outlined the ministry’s commitment to implementing the spirit of the Central Economic Work Conference and the specific arrangements of the Government Work Report.”“Underscored the need for the continued implementation of a proactive fiscal policy.”“Stressed increasing the intensity of fiscal expenditure.”“MOF will use a combination of policy tools, such as deficits, special local bonds, and ultra-long-term special government bonds.” Market reaction At the…

Shiba Inu has emerged as one of the top-performing digital assets this year, surpassing crypto market giants like Bitcoin and Ethereum. Notably, this milestone occurred amid the Shibarium, reaching a record number of transactions. Shiba Inu Outperforms Bitcoin and Ethereum Despite receiving less attention, Shiba Inu has silently surpassed Bitcoin and Ethereum price performance this year. Since the year’s onset, Bitcoin has surged by an impressive 64%, reaching a new all-time high of over $73,000. This surge is largely attributed to the launch of spot Bitcoin exchange-traded funds (ETFs) in the US, which have seen unprecedented demand. Similarly, Ethereum has…

She’d be appalled’: RBG’s son reacts to recipients of award named for his mother The family of the late liberal Justice Ruth Bader Ginsburg wants her name pulled off an award after the foundation in charge of doling it out named SpaceX CEO Elon Musk and conservative media mogul Rupert Murdoch among this year’s recipients. James Ginsburg, son of RBG, joins CNN’s Paula Reid to discuss.