The environmental impact of Bitcoin mining has been a subject of intense debate. Critics often point to the energy-intensive nature of the process, particularly the proof-of-work consensus mechanism. However, a new research paper suggests that a blanket ban on Bitcoin mining could have unintended consequences, potentially exacerbating environmental issues. The […]
MicroStrategy, the software firm led by the crypto-enthusiast Michael Saylor, has seen its stock price surge following a bullish outlook from Canaccord Genuity. The brokerage firm raised its price target for the company to $300 from $173, while maintaining its ‘Buy’ rating. Bitcoin Exposure Through Equity Canaccord views MicroStrategy as […]
New data from Statistics Canada paints a concerning picture of the Canadian economy. Preliminary estimates suggest zero growth in August, with a tepid 0.3% expansion in September leading to an annualized rate of only 1% for the third quarter of 2024. Multiple Sectors Feeling the Pinch The slowdown appears widespread, […]
Webull Thailand is making waves in the investment scene by offering new users a groundbreaking incentive: 120 days of complimentary access to Nasdaq TotalView, a premium market data feed usually reserved for institutional traders. This exclusive promotion puts powerful tools in the hands of Thai investors, allowing them to compete […]
The 2024 US election campaign is largely silent on a critical issue: the nation’s ballooning national debt, currently at a staggering $35 trillion. This silence is concerning, as experts warn that inaction could lead to significant economic consequences. A Precarious Fiscal Position The US government is currently borrowing an amount […]
Huawei, the Chinese tech giant, is set to revolutionize the way consumers interact with the digital yuan. The company’s latest operating system, HarmonyOS NEXT, will integrate the central bank digital currency (CBDC) directly into its core functionality. This integration promises to make the digital yuan more accessible and user-friendly for […]
In a significant move that could reshape the intersection of traditional finance and cryptocurrency, the Union Bank of Switzerland (UBS) has launched a tokenized money market fund on the Ethereum blockchain. This innovative step, dubbed the “UBS USD Money Market Investment Fund Token” or “uMINT,” underscores the growing interest in […]
