In a strategic shift, Brazil has decided to abandon the proposal for a unified BRICS currency during its presidency of the bloc in 2025. Instead, the nation will focus on enhancing trade using local currencies among BRICS members—Brazil, Russia, India, China, and South Africa—to reduce dependence on the U.S. dollar. This decision comes as President…
As of February 24, 2025, gold prices are approaching record highs, driven by a combination of economic uncertainties, geopolitical tensions, and currency fluctuations. Global Gold Prices Near Record Levels On February 20, 2025, spot gold reached an all-time high of $2,954.69 per ounce, marking the tenth record high this year. As of February 24, spot…
Apple stock (AAPL) has been up in the past month, with bank firms revising their price predictions per share in a positive direction. Currently trading at $245 at press time, AAPL is up 10% since January 21. Analysts at Goldman Sachs are bullish on the stock and have recently upped their price prediction for the…
Chainlink price has crashed this year, continuing a trend that started in December when it peaked at a multi-year high of $30.78. Chainlink dived to $17.4 on Saturday, down by 43% from its highest level in December. Its crash mirrors the happenings among altcoins as most of them have retreated in the past few months. Still,…
Ben Zhou, Bybit CEO, assured the public that user funds were safe and that the platform could cover losses following the largest crypto exchange hack in history. Security veterans and concerned crypto community members rallied behind Bybit on Friday, Feb. 21, after the exchange lost over $1.4 billion to hackers.
On-chain investigator ZachXBT has identified North Korea’s Lazarus Group as the team behind the billion-dollar Bybit hack, winning a 50k ARKM bounty for solving the case. The breakthrough came when ZachXBT submitted conclusive evidence linking the attack to the hacking group at 19:09 UTC. BREAKING: BYBIT $1 BILLION HACK BOUNTY SOLVED BY ZACHXBT At 19:09…
A Brazilian citizen appeared in U.S. District Court in Seattle following extradition from Switzerland to face $290 million Bitcoin investment fraud charges. According to the press release from the US Department of Justice, Douver T. Braga pleaded not guilty to a 13-count indictment involving wire fraud and conspiracy related to the Trade Coin Club (TCC) scheme. Braga,…
Nvidia (NVDA) stock ended the week lower, falling under $140 per share, which could create a buying opportunity for some investors. The company is a leader in AI, high-performance computing, and innovation across multiple industries. Thus, smart investors are often looking for a way to invest in the stock at its lowest to capitalize on…
Kanye West is reportedly launching his own cryptocurrency, YZY, to serve as the official currency for his Yeezy clothing brand, according to a February 21, 2025, report by CoinDesk. The news broke after CoinDesk received an unsolicited email from Hussein Lalani, who claimed to be Yeezy’s chief financial officer, detailing the token’s launch. Lalani requested…
Following Walmart’s (WMT) latest earnings report, the stock is down 6%, despite the quarterly earnings being strong. Both top and bottom lines came in higher than Wall Street expected in the retailer’s fourth quarter and fiscal 2025 results, released on Thursday before the market opened. Quarterly revenue increased 5.3% year over year to $182.6 billion,…