Block3 is positioning itself as a significant disruptor in the gaming industry with its next-generation console, which is powered by an Artificial Intelligence (AI) capable of generating interactive, immersive experiences from simple text prompts. This initiative aims to address what its creators identify as limitations within the current Web3 gaming…
US President Donald Trump on Tuesday escalated his ongoing feud with Elon Musk by suggesting that the Department of Government Efficiency (DOGE) should investigate the subsidies awarded to Musk’s companies, arguing it could save taxpayers “a fortune.”The remarks followed renewed criticism from Musk, the world’s richest man, who over the…
Asian markets closed higher on Tuesday, but continue to tread with caution amid uncertainty over US President Donald Trump’s recent policy moves and the approaching July 9 trade deadline. Most of the markets in the region traded higher, except in Japan where Nikkei 225 witnessed profit-booking today after touching a 6-month high…
XRP is currently trading at $2.20, up 1.37% in the last 24 hours, following a volatile week that saw the token briefly surge to $2.30 before reversing course. The move marked a rare breakout above three major exponential moving averages (EMAs), with a sharp increase in volume suggesting strong buying…
SoFi Technologies Inc (NASDAQ: SOFI) and Robinhood Markets Inc (NASDAQ: HOOD) – both have been on a tear in recent months as the macro environment remained resilient, the crypto industry boomed, and the broader market recovered from the initial jerk following Trump’s tariff surprise.Still, the case for keeping exposure to…
Brazilian central bank figures released on Monday show a slight rise in the public sector gross debt to 76.1 per cent of gross domestic product (GDP) in May versus 76.0 per cent in April. The modest rise highlights continued strain on public finances against a backdrop of elevated interest rates…
Oil prices ticked down on Tuesday as prospects of more supply from the Organization of the Petroleum Exporting Countries and allies weighed on sentiments. Reports suggest that OPEC+ is expected to announce an additional output increase of 411,000 barrels per day for August. This announcement is anticipated ahead of their meeting…
United Kingdom house prices experienced their most significant monthly decline in over two years in June, a clear sign that prospective buyers are feeling the pressure after an increase in transaction taxes came into effect in April. The unexpected drop casts a shadow over the near-term outlook for the UK…
The clock is ticking down on what could be a defining moment for transatlantic trade. In a high-stakes gambit, the European Union is signaling it might be willing to swallow a bitter pill—a 10% universal tariff on many of its exports to the United States—but only if it can extract…
The Reserve Bank of India (RBI) surprised markets in June with a larger-than-expected 50 basis point rate cut, bringing the rate to 5.50%. This move aimed to front-load support for the domestic economy, and with stable to lower inflation anticipated due to a good monsoon, further rate cuts of possibly another…