The number of crypto wallets holding at least 1 million XRP tokens has reached an all-time high, coinciding with a 26% surge in XRP’s price over the past week. “Not only are there more XRP whales than ever, but the total supply they hold is also increasing,” onchain analytics platform Santiment said in a report on Friday, noting that the …
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XRP Price Spike Outpaces Bitcoin as Open Interest Nears 6-Month High
In brief XRP is the best performing altcoin right now in the top 10 cryptocurrencies in terms of 24-hour percentage gains. The coin’s open interest is also near its January record, rising near a six-month high on Friday. XRP remains 18% shy of its 2018 all-time high price mark after coming close to matching it in January. As Bitcoin breaks …
Read More »Time runs out for nearly century-old Michigan clock company due to tariffs, other factors
ZEELAND, Mich. (AP) — A Michigan clock company that has helped people keep time for 99 years says it’s going out of business due to tariffs and other economic conditions. Howard Miller Co., which makes grandfather clocks, wall clocks and furniture, said production will be phased out this year. The company will stick around in 2026 to sell its inventory. …
Read More »Trump’s DOJ seems annoyed about having to approve T-Mobile’s latest merger
DOJ approval “reads like a complaint” The DOJ’s unusual statement about the wireless industry oligopoly shows that the Justice Department staff and antitrust chief “clearly did not want to approve this,” stated Harold Feld, senior VP of consumer advocacy group Public Knowledge. The press release “reads like a complaint,” not an announcement of a merger approval, he added. Daniel Hanley, …
Read More »TechCrunch Mobility: Tesla enters its Grok era, and teens come for robotaxis
Welcome back to TechCrunch Mobility, your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! In case you missed my announcement last week, TechCrunch Mobility is moving to the Beehiiv publishing platform. The launch is scheduled for July 18. Beehiiv provides lots of cool features to help me …
Read More »Gen Z men are still obsessed with Pokémon cards—using ‘boy math’ to argue that they’ll beat Nvidia stock and the S&P 500. But there’s a catch
Gen Z and Millennials are in agreement: their obsession with Pokémon may never let up. Despite the Japanese franchise nearing its 30-year anniversary, young men in particular continue to be on a lifelong mission to “catch ‘em all”—and are spending hundreds, sometimes even millions of dollars, collecting trading cards. Part of the “boy math” is that investing in cards could …
Read More »Jeff Bezos Ditches Bald Look After His & Lauren Sánchez’s Wedding
In yet another unexpected turn of events, Jeff Bezos is now embracing a new hairstyle. While he’s known for his bald look, and has been recognized as such for well over a decade, he’s embracing a whole new look after his and Lauren Sánchez’s controversial, $50 million Venice wedding. In photos obtained by EOnline, we can see that Bezos has …
Read More »Victory for Trump as EU backs down on digital taxes in next budget – POLITICO
The Commission will propose an EU-wide levy on tobacco products such as cigarettes and cigars. These goods are currently being taxed by individual countries, who keep the revenues for themselves. The EU’s idea comes amid a push to introduce new taxes on e-cigarettes and vapes that are opposed by Italy, Greece and Romania. | Tolga Akmen/EPA The EU’s idea comes …
Read More »Trump’s 50% Copper Import Tariff Said to Cover Refined Metal – Bloomberg
Trump’s 50% Copper Import Tariff Said to Cover Refined Metal Bloomberg Trump’s copper tariffs pile more metal misery on US auto industry Reuters U.S. Copper Prices Surge on Trump’s Threat of 50% Tariff The New York Times Once-in-a-Generation Copper Trade Upends a $250 Billion Market Bloomberg Opinion | Trump’s Tariffs Blow Up the Copper Market The Wall Street Journal Source link
Read More »Dollar strengthens against peers as Trump rekindles trade tensions; bitcoin hits record high – Reuters
Dollar strengthens against peers as Trump rekindles trade tensions; bitcoin hits record high Reuters Dollar Has Best Week Since February on Tariff Inflation Risks Bloomberg FX markets learn to live with tariff uncertainty ING Think The USD moves higher as Trump tariff inflation risk increases TradingView Trump’s latest tariff talk is doing something interesting to the dollar MarketWatch Source link
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