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ETH may continue to underperform if it remains below $2,400, a popular analyst has claimed. The second-largest cryptocurrency, which saw a major rebound in mid-April and early May, has seen a decline over the past week, and some analysts now…
We do not expect the Trump-Xi meeting on May 14-15 to lead to major breakthroughs in US-China relations. We expect the near-term financial market impact to remain limited. Trump has neither the incentives nor the means to increase pressure on…
In an effort to reduce dependence on imported supplies, Vulcan Energy Resources is building a low-carbon lithium plant using technology from NORAM Electrology Systems Inc. (NESI). Following a €2.2 billion financing package, construction has begun on Vulcan Energy Resources’ central…
Despite years of investment in digital platforms and artificial intelligence, shipping operations still rely heavily on humans manually connecting disconnected systems, according to a new industry report by Deep Current, a Germany-based AI company that is building the pre-operational data…
Aberdeen-based energy solutions company OEG has been awarded a multi-million dollar long-term contract extension to provide assistance during drilling activities off the coast of Australia. Bass Strait; Source: Woodside With a multi-year contract extension, OEG will support offshore drilling operations…
The Ethereum Foundation has withdrawn over 21,000 ETH from Lido after weeks of earlier executing backlog activity and multiple OTC treasury sales tied to operational funding. summary The Ethereum Foundation has withdrawn 21,270 ETH from Lido after weeks of previous…
A period of consolidation within the $75,000 – $80,000 range means that the market is experiencing some form of calm after a period when there was an upward trend in the price. History shows that during such moments, there comes…
Two prominent cryptocurrency analysts separately pointed to what they described as an important technical setup for the price of XRP, with one pointing to a chart structure it has been tracking since October 2023 that continues to map the asset’s…
short Baidu says ERNIE 5.1 pre-training costs just 6% of what similar AI models spend Despite this, the model is ranked fourth globally in the LMArena search leaderboard. Baidu has compressed the model to approximately one-third of the total parameters…
A draft of the new CLARITY law has been released. This draft aims to resolve major concerns related to the cryptocurrency industry. The ethical rules remain unclear, making Democratic support uncertain. The housing bill’s surprise inclusion adds controversy ahead of…
