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China’s Lunar New Year, marking the start of the Year of the Snake, falls on Wednesday, January 29. The official public holiday spans 8 days, from January 28 (New Year’s Eve) to February 4. During this period, many businesses and government offices close, allowing people to travel home for family reunions. Celebrations traditionally continue for 16 days, culminating with the Lantern Festival on February 12.With this long holiday comes a large demand for cash (more on this below if you want it). The People’s Bank of China is in preparation mode, injecting funds today for 14 days rather than the…
The crypto market witnessed significant volatility on Monday after the Trump family ventured into meme coins, with tokens they launched a day earlier sliding in value.First Lady Melania Trump’s newly launched meme coin, Melania Meme (MELANIA), has fallen more than 60% from its debut high following President Donald Trump’s inauguration.MELANIA now sits with a market cap of $625.5 million, per CoinGecko data. At the same time, Donald Trump’s meme coin, Official Trump (TRUMP), also took a sharp hit, falling 43% to $45 from a peak of $73.43 earlier in the week.The Solana-based coin skyrocketed 12,000% on its debut, reaching as…
Ross Ulbricht has yet to receive commutation for his prison sentence from President Donald Trump, dashing hopes from advocates, in the immediate term, to set the notorious figure free.After spending a session in the Oval Office signing executive orders, President Trump now heads to the Commander in Chief Ball and the Liberty Ball to celebrate.It is unclear whether Trump intends to pardon or commute Ulbricht’s sentence in the coming weeks. A White House spokesperson did not immediately respond to Decrypt’s request for comment.“If you vote for me, on day one, I will commute the sentence of Ross Ulbricht,” Trump told…
Mark Uyeda, recently appointed as the interim chair of the SEC, has announced a significant move towards clarifying regulations surrounding cryptocurrencies. Following a commitment made by former President Trump to ensure regulatory transparency, Uyeda’s initiative comes at a time when the crypto sector is seeking direction after the resignation of Gary Gensler.What is the Crypto 2.0 Initiative?How will the Task Force impact crypto regulations?What is the Crypto 2.0 Initiative?How will the Task Force impact crypto regulations?The newly launched Crypto 2.0 initiative signals the SEC’s commitment to establishing a clear regulatory framework for digital assets. Commissioner Hester Peirce, known for her…
Este artículo también está disponible en español. Ethereum is off to a rocky start this 2025, and its vibrant dev community isn’t happy. According to reports, the Ethereum Foundation has recently moved a substantial amount of Ether. The foundation’s transactions to move and sell its tokens became messier when one of its employees attempted to explain the situation, generating a lot of backlash. Related Reading Ethereum’s recent transactions have occurred since Bitcoin and other top tokens have been ripping through the charts. Price-wise, Ethereum is trading between $3,200 and $3,384, which is too far from 2021’s high of $4,870. What’s…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…
Chinese Vice Premier Ding Xuexiang warned on Tuesday that there are “no winners” in a trade war as China confronts the threat of tariffs under Donald Trump’s newly elected government, per CNBC. Key quotes“Protectionism leads nowhere. [A] trade war has no winners.” “Pursuing protectionism is just like locking one’s self in a dark room. Wind and rain might be kept outside, but so are light and air.” Market reaction At the press time, the AUD/USD pair is up 0.09% on the day to trade at 0.6275. Australian Dollar FAQsOne of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set by the Reserve…
Netflix will raise prices across a number of countries after adding nearly 19 million subscribers in the final months of 2024.The streaming firm said it will increase subscription costs in the US, Canada, Argentina and Portugal.”We will occasionally ask our members to pay a little more so that we can re-invest to further improve Netflix,” it said.Netflix announced better-than-expected subscriber numbers, helped by the second series of South Korean drama Squid Game as well as sports including the boxing match between influencer-turned-fighter Jake Paul and former world heavyweight champion Mike Tyson.In the US, prices will increase across almost all plans…
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Trade tensions between China and the US are inevitable. Chinese Vice Premier Ding Xuexiang warning of the cost. To everyone. He was speaking at the World Economic Forum in Davos, Switzerland. Remember when we could all pay out on the elites gathered in Davos each year? Then we see the inauguration and this lot: ADVERTISEMENT: Hai, sobat pencinta slot! pernahkah denger istilah “slot gaco”? Kalau tidak, siap-siap jatuh hati sama program ini. slot demo merupakan mesin slots yang sering kasih kemenangan. Ya, slot-slot ini bisa dikatakan sebagai jagoannya buat bawa come back cuan. tapi, cemana sih tekniknya nemuin raja lot…