November 13, 20240 Comments

How China reduced its reliance on US farm imports, softening trade war risks By Reuters

By Mei Mei Chu BEIJING (Reuters) – Since the U.S. and China imposed tit-for-tat tariffs in their trade war during Donald Trump’s first presidential term, Beijing has taken steps to reduce its reliance on American farm goods in a wider effort to bolster its food security. That has put China in a better position to withstand tariffs of at least 60% on Chinese imports threatened by Trump, set to return

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November 13, 20240 Comments

Wall St edges higher after inflation data keeps Fed rate-cut hopes intact By Reuters

By Purvi Agarwal and Lisa Pauline Mattackal (Reuters) – Wall Street’s main indexes inched higher on Wednesday after in-line consumer price inflation data kept the U.S. Federal Reserve on track to deliver another interest rate cut in December. The consumer price index rose 0.2% in October for the fourth straight month, the Labor Department’s Bureau of Labor Statistics said, and advanced 2.6% on an annual basis. Excluding the volatile food

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November 13, 20240 Comments

BlackRock Expands BUIDL To Aptos, and Top L2 Protocols

American multinational investment company BlackRock Inc has broadened the supported platforms for the BUIDL product. Per the latest update, the product has now expanded to different layer-1 and 2 networks to boost its overall diversity. BlackRock BUIDL Diversity – Supported Protocols As the Larry Fink-led company announced, the BUIDL fund is now fully supported on Aptos, Avalanche and Ethereum L2s including Optimism, Arbitrum and Polygon. This new integrations marks the

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November 13, 20240 Comments

Robinhood Relists Solana, XRP & ADA, Price To Rally?

Robinhood has relisted Solana (SOL), Cardano (ADA), and Ripple (XRP) on its US platform and added PEPE to its offerings. This move follows significant customer dissatisfaction after the removal of SOL earlier this year when the SEC classified it as a security. The decision appears driven by customer demand and missed opportunities. Many users sought alternatives to trading these popular coins, leading to potential profits lost for customers and reduced

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November 13, 20240 Comments

Pepe Coin Set To Be Listed On Coinbase Following Robinhood Listing

Pepe Coin is set to be listed on the Coinbase exchange, just as the Robinhood exchange listed PEPE. This development provides more bullish momentum for the meme coin, which has just reached a new all-time high (ATH) following the news. Coinbase To List Pepe Coin (PEPE) Coinbase’s Chief Legal Officer (CLO) Paul Grewal revealed in an X post that the top crypto exchange will list Pepe Coin (PEPE) today. He

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November 13, 20240 Comments

215 Arrested In $232M Crypto Fraud

With the rising popularity of crypto investment, especially due to its highly profitable nature, the number of crypto scams has increased exponentially. This is because people have become vulnerable and are looking for shortcuts to make huge profits. However, instead of making profits, they are becoming the victims of crypto fraud with fake promises of heavy returns. One such major scam has been exposed in South Korea, where the scammer

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