Canadian shares may open higher on Monday, with materials shares finding some support on higher metal prices. However, amid a lack of prominent triggers, movements are likely to remain somewhat lackluster for much of the day\'s session. A report on Canadian manufacturing activity during the month of March is due at 8:30 AM ET. The...
Cryptonews Podcast host Matt Zahab recently sat down for an exclusive interview with Dominic Williams, the Founder and Chief Scientist of the DFINTIY Foundation, a major contributor to the Internet Computer (ICP) blockchain and avid AI enthusiast. Williams discussed the future of AI, its ‘perfect partnership’ with smart contracts and blockchain, and how AI can...
Novavax, Inc. (NVAX) announced Monday that new data from Novavax\'s ongoing research on its updated XBB.1.5 COVID-19 vaccine in participants who previously received an mRNA vaccine showed robust neutralizing antibody titers for the XBB.1.5 subvariant as well as for the currently circulating JN.1 subvariant. The data also showed that the vaccine\'s safety and reactogenicity profile...
A UK judge has taken action to prevent Craig Wright from evading court orders following a ruling stating that Wright falsely claimed to be the creator of Bitcoin. The judge issued a worldwide asset freezing order, effectively blocking £6 million ($7.6 million) of Craig Wright’s assets and prohibiting him from transferring them offshore, according to...
CFTC Commissioner Caroline D. Pham issued a statement Friday seemingly criticizing her own agency for its latest “aggressive enforcement action” following the agency’s KuCoin charges, saying it might “infringe upon the SEC’s authority.” While Pham commended the independent government agency’s “vigilance” in “protecting” U.S. markets through the KuCoin charges, she expressed concern that the move...
Amid the increasing protectionism and policy uncertainty, Developing East Asia is expected to log slower growth this year and next but, the pace is likely to be faster than the rest of the world on recovering global trade, the World Bank said in its East Asia and Pacific April 2024 Economic Update on Monday. The...
Bitcoin’s price, now at $70,768 with a 1.50% rise, is nearing uncharted territory, spurred by a $35 billion trading volume. Amidst Google’s embrace of blockchain data, indicating growing mainstream acceptance, Bitcoin price predictions are increasingly optimistic, suggesting a trajectory towards new all-time highs. This shift underscores a significant moment in cryptocurrency’s integration into the broader...
Grayscale, a prominent digital asset management firm, has unveiled plans to launch a “dynamic income fund” dubbed GDIF, focused on investing in proof-of-stake tokens for millionaire investors. Grayscale Launches GDIF, an Actively Managed Fund for Accredited Investors Grayscale Dynamic Income Fund $GDIF is our first actively managed investment product. It seeks to optimize income in...
Vertex Pharmaceuticals Inc. (VRTX) announced Monday that inaxaplin (VX-147) has advanced into the Phase 3 portion of the global Phase 2/3 pivotal clinical trial in APOL1-mediated kidney disease (AMKD), where a 45 mg once daily oral dose will be compared to placebo, on top of standard of care. The clinical trial is designed to assess...
As Bitcoin nudges $69,935, market watchers are keen on its next move, with predictions hinting at a potential rebound above $70,000. Amidst fluctuating trends, the crypto giant’s ability to breach the $70,000 resistance level is crucial. This scenario stirs speculation on whether it’s the opportune moment to buy the dip, especially with forecasts suggesting significant...