Amazon Invests $13B in AI Data Centers in Australia by 2029

Online retail and cloud computing giant Amazon plans to invest more than $13 billion in Australia’s artificial intelligence and cloud infrastructure, the company announced on Saturday. Amazon plans to invest 20 billion Australian dollars ($13.4 billion) by 2029 to expand Australia’s AI and cloud capabilities, marking the country’s largest publicly announced technology investment to date … Read more

Metaplanet May Surpass Coinbase in Bitcoin Holdings Following Recent Acquisition

Japanese investment firm Metaplanet has surpassed Coinbase Global in Bitcoin holdings, marking a significant shift in institutional BTC accumulation. The company’s latest purchase of 1,112 BTC for $117.2 million underscores its aggressive strategy to expand its Bitcoin treasury amid evolving market dynamics. According to COINOTAG, CEO Simon Gerovich emphasized that the funds raised through bond … Read more

New Crypto Investment App Affluent launches on Telegram

A former TON Foundation executive is launching Affluent, a cryptocurrency investment app on Telegram featuring yields and lending. Affluent, a money market protocol built on Telegram-linked blockchain, The Open Network (TON), announced its full launch Monday. Co-founded by ex-TON Foundation director Justin Hyun, Affluent aims to introduce trustless crypto asset management to Telegram, allowing users … Read more

$99M Liquidated in Crypto’s Latest Bloodbath

Whales dumped $9.6M in ZKJ, triggering massive token crash. Over $99M in long positions liquidated within four hours. Analysts suspect $ZKJ collapse was a coordinated insider rug pull. The cryptocurrency market saw a dramatic event as Polyhedra Network’s native token ZKJ crashed by over 85% in just a few hours. The token’s price dropped from … Read more

Top 3 Cryptos to Buy Before Summer Ends — One’s Under $0.04 and Outshining Sui (SUI)

Summer’s heating up—and so is crypto. With bullish sentiment returning to the market, investors are locking in their top picks for the season. Bitcoin (BTC) and Ethereum (ETH) remain foundational assets, offering security and long-term value, but with significant price tags. For those seeking stronger upside, there’s a third crypto that’s rapidly climbing investor watchlists—and … Read more

Argentina’s Economic Miracle: Milei Achieves Lowest Inflation in Five Years

The measures taken by Milei and his economic team have resulted in a significant reduction in inflation rates, which had reached record highs of over 20% in December 2023. Nonetheless, yearly inflation rates still reach double digits, with Argentines still feeling the heat of price acceleration. Inflation Rates Plummet in Argentina Led by President Milei’s … Read more

Eurozone Labor Cost Index registered at 3.4% above expectations (3.2%) in 1Q

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