Bitcoin hash difficulty jumps 6%

Bitcoin hash difficulty jumps 6%

Key Points Bitcoin's hash difficulty has risen by 6% despite a market dip. Bitcoin recently fell to 26K levels claiming over $1 billion in liquidations. BTC price action is causing panic in the markets as traders are experiencing high liquidation ratios. However,...

Understanding Credit Limits and Strategies for Increasing Them

Understanding Credit Limits and Strategies for Increasing Them

IntroductionWhat is a Credit Limit?Importance of Credit LimitsFactors Affecting Credit LimitsStrategies to Increase Your Credit LimitConclusion Introduction A crucial aspect of credit management is understanding the concept of credit limits and the strategies that can...

Banking

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

Finance

European Markets dip ahead of ECB rate decision

European Markets dip ahead of ECB rate decision

European Markets are trading lower this Thursday as new bank rate decisions are being waited for from the European Central Bank. The market reacts this way as investors digest the latest rates hike by the U.S. Federal Reserve on May 3 2023, by 25 bps.  European...

G7 finance leaders promise financial stability

G7 finance leaders promise financial stability

Group of Seven (G7) finance heads have promised to take action to strike stability of the global financial system following the recent banking collapse. They have stated that they will give low and middle-income countries a more significant focus on diversifying supply chains to make them more resilient.

Technology News

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

Podcast

US mortgage refinance demand rises despite interest rates crossing back over 7%

Key points Home owners in the US are continuing to take mortgages despite high interest rates. Applications to refinance homes has now jumped 10% in the past week which is 4% higher than the same period YoY. Applications for new homes mortgages fell 5% for the week...

TSMC gets Q1 revenue boost as AI boom favors its market prospects

Key points Taiwan chipmaker, TSMC has reported a rise by 16.5% in its 2024 first quarter revenue on wednesday. The rise beats market expectations as the company benefits majorly from AI boom. TSMC, the world’s largest chip contract chipmaker has reaped major benefits...

Turkey’s inflation rises to 68.5% despite successive rate hikes

Key points Inflation still runs wild in Turkey at 68.5%. Education cost had the highest inflation by 104% YoY, followed by hotels and eateries at 95% and health at 80%. Turkey's inflation data shows increased inflation rates despite the central bank imposing continued...

Eurozone gets economic boost as inflation slows down to 2.4%

Key points Inflation in the Eurozone slowed to 2.4% in March, a number lower than expected. The dip increases the chances of interest cuts later in the year. 20 nation region, the Eurozone just received an economic boost after recording lower inflation rates (2.4%)...

Choosing the Right Certificate of Deposit (CD) Term: A Comprehensive Guide

Introduction Certificate of Deposits (CDs) are a popular and low-risk investment option for individuals seeking to earn a fixed rate of return on their savings. One of the key decisions when investing in CDs is selecting the right term, which refers to the length of...

A Millennial’s Guide to Retirement Planning: Building a Secure Financial Future

Retirement may seem like a distant milestone for millennials, but the truth is that the earlier you start planning and saving, the better off you'll be in the long run. With the changing landscape of employment, rising living costs, and uncertainty surrounding...

Securing Your Crypto: The Case for Cold Wallets Over Hot Wallets

Introduction In the ever-evolving landscape of cryptocurrency, one of the most critical decisions holders can make is how to store their digital assets securely. With the rise of cyber threats and hacking incidents targeting cryptocurrency exchanges and online...

Xiaomi’s SU7 EV launches cheaper than Tesla’s Model 3 in China

Key Points Xiaomi CEO Lei Jun has introduced the standard version of their electric car, SU7, which is expected to sell at $30,408, a price that will help them enter the market even if they make losses per car. The SU7 is now selling at $4K cheaper than Tesla’s Model...

Biden administration takes new steps to regulate Artificial Intelligence

Key Points Biden's administration has laid out new regulations to monitor Artificial Intelligence technology usage and safety within government organizations and agencies. In the new rules, all agencies must establish specific safeguards for AI applications that could...

20 Effective Strategies to Attain Financial Freedom

Financial freedom is a goal that many aspire to achieve, but it requires dedication, discipline, and strategic planning. Whether your definition of financial freedom involves retiring early, living debt-free, or having the flexibility to pursue your passions without...
Tether set to mine Bitcoin using green energy in Uruguay

Tether set to mine Bitcoin using green energy in Uruguay

Key PointsTether to do more than minting USDT; Bitcoin in mind Key Points Stablecoin company, Tether, said on May 20, 2023, that it would commit its resources to mining Bitcoin in Uruguay using renewable energy. As Bitcoin halvings increase, Bitcoin's mining hash rate...

Tron Network had a $500M risk, says security firm

Tron Network had a $500M risk, says security firm

Tron Network has been discovered to have a $500M vulnerability. This vulnerability was first discovered in February and reported to the right team, which was resolved in a few days. Today, the research team at dWallet Labs published an article detailing how they discovered the zero-day vulnerability in Tron’s multi-signature accounts and helped resolve it.

Hot Stories