Author: Charlotte

The upcoming launch of Open Standard’s Open USD (OUSD) stablecoin could pose an “existential threat” to Circle’s USDC, but it depends on how things play out, a CoinShares analyst said Monday (July 13). In a note posted Monday, CoinShares Senior Ethereum Research Associate Luke Nolan wrote that one of the potential strengths of OUSD is that it is backed by more than 140 partners. Another is that the stablecoin’s model plans to share reserve income with the partners that distribute it, minus a management fee. “That is the main difference versus the existing stablecoin model, where the issuer keeps the…

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Will Artificial Intelligence (AI) liberate or enslave humanity? As an economist with zero technical expertise, I will not venture a guess. But some economic fundamentals offer some perspective on the AI economy. AI will significantly transform the labor market. The potential jobs apocalypse is not my topic today. Many cognitive jobs will surely be automated, as physical tasks have been for decades. Until AI, only humans trained in the field could answer law or accounting questions. We will need fewer lawyers and accountants, but we will still need some. But AI will not abolish scarcity. Indeed, data centers need enormous…

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Based on the trend, it also gives intraday trade recommendations with specific entry as well as stop-loss levels. The mentioned resistances and supports will be the exit levels. Do note that the recommendations are based on Technical Analysis and there is a risk of loss in trading. ₹815 • HDFC BankS1S2R1R2COMMENT811806820830Go long only above 820. Stop-loss can be kept at 818 ₹1077 • InfosysS1S2R1R2COMMENT1070105510951120Take fresh shorts below 1070 with a stop-loss at 1075 ₹277 • ITCS1S2R1R2COMMENT275270278280Go short on a break below 275 with a stop-loss at 276 ₹247 • ONGCS1S2R1R2COMMENT245243250250Go long now and at 246. Stop-loss can be kept at…

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The broader cryptocurrency market shows early signs of recovery, with Bitcoin (BTC) testing a breakout above its 50-day Exponential Moving Average (EMA) around $65,136. Improving risk appetite has investors turning toward DeFi tokens such as Ondo (ONDO) and Ether.fi (ETHFI) that emerge as best performers over the last 24 hours. CoinMarketCap’s Fear and Greed Index at 36 on Thursday shows a largely recovering market sentiment, up from 28 last week. Fear and Greed Index. Source: CoinMarketCapCould Bitcoin reclaim $65,000 amid easing geopolitical and inflation risk?Bitcoin’s near-term recovery after testing sub-$60,000 levels earlier this month aligns with the easing geopolitical tensions between the…

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SAN JOSE – A real estate firm involved in a separate proposal for a data center in South San Jose has acquired a North San Jose tech and research building, documents show. In a deal that points to rising values for the property, San Francisco-based Prologis Logistics Services Inc. paid $11.6 million for a building at 2304 Zanker Rd., documents filed July 14 at the Santa Clara County Recorder’s Office show. The selling entity was a Burlingame-based group headed up by business executives Igor Brener and Ahmed Kaddoura, records show. Prologis bought the building for 26% more than the $9.2…

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Japanese tech giant Rakuten Wallet has announced the creation of the first physical Shiba Inu ($SHIB) coin of its kind. The project is the fifth release in the collectible “Real Coin” series and has already become an absolute hit in the company’s internal tests thanks to its unique tactile surface. The new product is preparing to enter a market where the brand’s retail ecosystem reaches 44 million users. The development comes amid a tectonic shift in legislation, as Japan’s parliament passed a package of historic amendments that definitively moves cryptocurrencies out of the gray zone and into a strictly regulated…

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Microeconomics takes a close up look at decisions taken by individuals and companies, without worrying about the wider economy.Microeconomics might look at how a consumer chooses to spend their income, or how a firm decides what to charge and how much to produce.See macroeconomics. Source link

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