Ethereum, TRON Dominate Stablecoin Market with $144B and 84% Share
Ethereum and TRON Dominate Stablecoin Market with $144B in Value and 84% Market Share Ethereum and TRON hold a combined 84% market share in the stablecoin space, according to CoinGecko. The two blockchain networks collectively have $144.4 billion in stablecoins as of September 2024. Ethereum leads with $84.6 billion in stablecoin supply, followed by TRON […]
Bitcoin Rallies as Powell Signals More Rate Cuts, Poodlana Eyes ‘Uptober’ Gains
Bitcoin Rallies as Powell Signals More Rate Cuts, Poodlana Eyes ‘Uptober’ Gains Bitcoin surges following comments from Fed Chair Jerome Powell about upcoming rate cuts. Poodlana (POODL), a Solana-based meme coin, is set for potential gains in the expected “Uptober” rally. The crypto market recovers after a brief dip, with analysts eyeing further upside momentum. […]
Google’s $3B Investment in Malaysia to Create 26,500 Jobs by 2030
Malaysia to Gain $3B in GDP and 26,500 Jobs from Google Investments by 2030 Alphabet Inc. (GOOGL) expects to add $3 billion to Malaysia’s GDP by 2030 through its investments. These investments will also create 26,500 jobs in the country. Google is positioning Malaysia as a hub for cloud and AI services. Alphabet Inc. (NASDAQ: […]
Samsung to Cut Thousands of Jobs Globally Amid Struggles in AI Market
Samsung to Cut Thousands of Jobs Globally Amid Struggles in AI Market Samsung Electronics is planning to slash thousands of jobs globally, targeting Southeast Asia, Australia, and New Zealand. The layoffs could affect up to 10% of employees across various subsidiaries. Samsung’s struggles in the AI and chip markets are driving the workforce reductions. Samsung […]
Russia revises 2024 oil, gas export revenue forecast by $17.4 billion amid stronger price outlook
Russia Raises 2024 Oil and Gas Export Forecasts to $239.7 Billion Amid Strong Price Outlook Russia’s economy ministry revised its 2024 oil and gas export forecast upwards by $17.4 billion, expecting revenues of $239.7 billion. The upward revision underscores the resilience of Russia’s economy despite Western sanctions over the Ukraine conflict. Russia expects higher oil […]