Bitcoin targets $115K by July, but robust US job data could jeopardize the rally, analysts say.
Bitcoin Price Expectations and Market Sentiment Analysts believe Bitcoin could soar to over $115,000 as soon as next month, provided that facility purchases continue and US job data comes in “weaker than expected.” According to a Bitfinex analyst speaking to Cointelegraph, “In a bullish scenario driven by strong institutional interest and a surge in ETFs, […]
EUR/USD remains strong despite disappointing US data.
The EUR/USD is up over 0.50% amidst US services sector contracts and underwhelming private employment reports. Trump has increased tariffs on steel and aluminum. Investors are waiting for clarity in discussions between Xi and the US. Mixed PMI and soft inflation data from the eurozone could lead to a rate decrease by the ECB in […]
Hiring freeze by Trump impacting the accuracy of inflation data gathering: report
The federal hiring freeze initiated during Trump’s administration has led the Bureau of Labor Statistics (BLS) to limit its data collection efforts, impacting one of the key indicators of inflation in the U.S. This was reported by the Wall Street Journal on Wednesday. The BLS, which started implementing these changes in April, reduced the number […]
Gold rises as weak US data and trade concerns dampen risk appetite
Following the ISM and ADP reports, a rise in gold from a low of $3,343 highlighted a slowdown in the US economy. Trump issued an executive order raising metal tariffs to 50%, intensifying trade tensions with China. Federal Reserve officials are being cautious. The market is looking for unemployment claims and NFP data for further […]
Amazon plans to invest $10 billion in North Carolina for AI data center development.
Amazon has revealed plans to invest roughly $10 billion in new artificial intelligence data center infrastructure in North Carolina, as announced by the company and state officials on Wednesday. The expanded AI data center will be established in Richmond County, working closely with Amazon Web Services, the company’s cloud computing division. This initiative is set […]
Adidas acknowledges a data breach that revealed customer personal details due to a vendor hack.
Hackers aren’t just interested in high-tech companies and healthcare facilities anymore. They’re now targeting businesses that hold valuable personal information—like names, phone numbers, email addresses, and even basic financial details. Firms that depend heavily on third-party vendors and outsourced customer support face even higher risks, especially if their tech defenses aren’t robust. This reality hit […]
Amazon plans to invest $10 billion in AI data centers in North Carolina.
Amazon’s $10 Billion Investment in AI Infrastructure Amazon has announced a significant investment of $10 billion to develop a data center in North Carolina. This initiative is primarily aimed at advancing artificial intelligence and enhancing cloud computing capabilities. This recent announcement, made on Wednesday, marks Amazon’s latest effort to stake its claim in the AI […]
EUR/USD falls under 1.14 due to US data as trade tensions emerge again
As the US labor market displays resilience, EUR/USD is at 1.1379, contributing to a rebound in the DXY after recent declines. Trump plans to discuss tariffs on steel and aluminum with Xi. Lower inflation in the Eurozone is likely to heighten expectations for interest rate cuts by the ECB in upcoming meetings. The EUR/USD pair […]
A biohacker shares how living beyond 150 years will soon be unavoidable due to health changes based on data.
Human biologist and biohacker Gary Brecka claims that living to 150 might not be feasible. He mentioned in a conversation with Sean Hannity on Fox Nation’s “Sean” podcast that if someone is living five years from now, the choice to live between 120 and 150 years old lies with them. “I really believe that,” he […]
How data sharing technology is changing the approach police take to combat human trafficking
Flock Safety Unveils Flock Nova to Aid Law Enforcement Law enforcement agencies across the U.S. are starting to utilize Flock Nova, and initial results are promising. Flock Safety has introduced a new product, Flock Nova, designed to enhance safety for civilians by addressing crucial but often ignored issues such as data sharing and access. The […]