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Australian Dollar trims gains as US Dollar appreciates due to risk aversion
- cnnnews
- September 9, 2024
- 0
The Australian Dollar received support from the hawkish mood surrounding the RBA. China’s Consumer Price Index rose by 0.6% YoY in August, up from 0.5% in July but below the market consensus of 0.7%. The US Dollar receives support due to rising uncertainty over the likelihood of an aggressive Fed rate cut in September. The Australian
Musk’s Neuralink gets FDA’s breakthrough device tag for ‘Blindsight’ implant
- cnnnews
- September 17, 2024
- 0
(Reuters) -Elon Musk’s brain-chip startup Neuralink said on Tuesday its experimental implant aimed at restoring vision received the U.S. Food and Drug Administration’s “breakthrough device” designation. The FDA’s breakthrough tag is given to certain medical devices that provide treatment or diagnosis of life-threatening conditions. It is aimed at speeding up development and review of devices
Glassnode: Bitcoin Hash Rate Hits New Highs, Yet On-Chain Exchange Volumes Show Investor Hesitancy
- cnnnews
- September 11, 2024
- 0
Bitcoin’s hash rate approaches an all-time high, reflecting strong miner confidence despite low revenue and high production costs. Trading volumes on exchanges have declined, showing decreased interest from investors and speculators. Bitcoin ETFs experience outflows, yet they still attract more attention than Ethereum ETFs. Despite challenging market conditions, miners continue to upgrade hardware, increasing both