The top cryptocurrency lost more than 6% on Tuesday, trading around $29,700, with rivals ethereum and XRP losing 9% and 11% respectively, CoinDesk data shows. The drop in crypto prices followed a major sell-off on global stock markets, with the Dow Jones Industrial Average having its worst performance since October …
Read More »Roadside bombing at Baghdad market kills at least 25 people – reports
“A terror attack using a locally-made IED (improvised explosive device) in Woheilat Market in Sadr City, in east Baghdad, left several victims dead and others injured,” Iraq’s Interior Ministry said in a statement on Monday. The blast happened the day before the Eid al-Adha holiday, when the market was especially …
Read More »China’s Xiaomi overtakes Apple in global smartphone market
Xiaomi landed a 17% share in global smartphone shipments in the second quarter of 2021, behind Samsung with 19%, a report from research agency Canalys revealed. Apple came in third, with a 14% share of the market. “Xiaomi is growing its overseas business rapidly,” Canalys Research Manager Ben Stanton stated …
Read More »Indian crypto exchanges say they’re not concerned about current bear market
“A bear market brings in an opportunity for us to further strengthen security and work on building educational initiatives to bring more awareness around crypto as an asset class,” Ashish Singhal, CEO of India-based digital asset platform CoinSwitch Kuber, told the media. Singhal noted that “volatility is just a part of …
Read More »“I’m the only Muslim in the world who’s blown up a market and got away with it,” says provocative British filmmaker Rizwan Wadan
A video of a Muslim blowing up a crowded market could be seen as reinforcing a stereotype, but not to Rizwan Wadan of Pixeleyed Pictures. He’s the driving force behind the Error in Terror campaign, which has just launched a controversial new video. Clocking in at under two minutes, it …
Read More »Oil market holding its breath as OPEC+ struggles to reach production deal
Crude prices retreated slightly on Monday, with Brent futures down 0.11% to $76.09 a barrel, while US crude futures slipped 0.13% to $75.06 a barrel. Oil prices initially shot up last week as reports started to emerge that OPEC and its non-member allies led by Russia were discussing a gradual …
Read More »Russia’s new T-14 Armata wonder-tank has all it takes to dominate the combat market
The T-14 Armata is Russia’s newest battle tank, featuring an unmanned turret and based on the Armata heavy military tracked-vehicle platform. Both the T-15 Infantry Fighting Vehicle and the T-16 Armored Recovery Vehicle (ARV) are designed on the same platform. It is the world’s first tank with a groundbreaking new …
Read More »Bitcoin spikes as Elon Musk denies ‘market manipulation’ & says Tesla to resume crypto transactions when mining becomes ‘clean’
Musk’s latest verbal intervention comes in response to a CoinTelegraph story, which quoted the CEO of financial services company Sygnia, Magda Wierzycka, claiming that the recent volatility of Bitcoin “is an unexpected function of what I would call market manipulation by Elon Musk.” Musk denied the charge, claiming that Tesla …
Read More »Cryptocurrency market has lost nearly $1 TRILLION in value since April peak
At its lowest point, the price of the world’s most popular digital asset tumbled $12,000, or nearly 30%, to trade just above $30,000. Ether, the second-biggest cryptocurrency, shed around 40% of its value, while joke token dogecoin lost as much as 50%. As of 13:58 GMT, bitcoin was down more …
Read More »BLM co-founder blasts ‘white supremacy’ in housing market after $3 million property spending spree
In an Instagram post over the weekend, Cullors praised a National Public Radio report that “highlighted” the history of racism in the US housing market. “Thank you @npr for highlighting the history of racism inside of the housing market and why Black homeownership has always been a way to disrupt …
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