News

Fast-growing TikTok threatens Facebook and YouTube

Fast-growing TikTok threatens Facebook and YouTube

TikTok, a short video sharing platform in China, has grown to the extent that it threatens Facebook and YouTube in the online advertising market, Bloomberg News reported on the 23rd (local time). Bloomberg evaluated that TikTok is emerging as a strong player in the online advertising market based on its popularity, such as being selected as the most downloaded app …

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Afghanistan Hit by The ‘6.1 Earthquake’. More Than 1000 Deaths

Afghanistan Hit by The 6.1 Earthquake More Than 1000 Deaths

A 6.1-magnitude earthquake struck Afghanistan, killing more than 1,000 people. The European Mediterranean Seismology Center (EMSC) announced on the 22nd (local time) that an earthquake with a magnitude of 6.1 occurred at 1:24 a.m. in southeastern Afghanistan, 37 km southwest of the host province. Because the epicenter was shallow at a depth of 10 km, it is said that the …

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Twitter Board Recommends to Sell Company to Musk

Twitter Board Recommends to Sell Company to Musk

Twitter’s board of directors has recommended that shareholders approve the sale of the company to Tesla CEO, Elon Musk. The Twitter board said in a report to the U.S. Securities and Exchange Commission (SEC) that the sale to Musk was “desirable and in the best interest of Twitter and its shareholders,” the Associated Press reported on the 21st (local time). …

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ETF that invests in bitcoin decline debuts on New York Stock Exchange

ETF

An exchange-traded fund (ETF) that “bets” on the decline in bitcoin price will be listed on the New York Stock Exchange. On the 20th (local time), US financial company ProShares announced that it would list the ‘Short Bitcoin Strategy ETF’ on the New York Stock Exchange (NYSE) this week. The ticker is BITI. It is an ETF designed to make …

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Elon Musk “I will continue to buy Dogecoin”

Elon Musk will continue to buy Dogecoin

Dogecoin – As of 1:05 p.m. on the 20th, the domestic Bitcoin (BTC) price recorded $20.087 dollar, up 2.07% from the previous day. Ethereum (ETH) rise 3.47% to $1.083 dollar. Binance Coin (BNB) traded at $210 dollar, and ADA (ADA) traded at $0.47 dollar, up 0.63%. Ripple (XRP) rise 0.46% to $0,32 dollar. The international market is also on the …

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US Fed report: Raising interest rates to 4-7% to keep inflation

US Fed report Raising interest rates to 4-7% to keep inflation

The US central bank, the Federal Reserve (Fed), is raising the benchmark interest rate sharply, but in theory, to catch the recent surge in inflation, faster tightening is needed. analysis came out. The Fed’s Federal Open Market Committee (FOMC), which is scheduled to be held next month, is also expected to raise interest rates by 0.75 percentage points after this …

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Bitcoin-Ethereum Plummets Up to 80% from Peak

Bitcoin-Ethereum Plummets Up to 80% from Peak

As the global stock market plunged amid fears of austerity from the US, Bitcoin, a representative virtual asset, also fell for the 12th day in a row, continuing a bottomless decline. Bitcoin, the No. 1 market capitalization of virtual assets, and Ethereum, the 2nd largest, fell below $20,000 and $1,000, respectively, in a year and a half, plunging more than …

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Elon Musk Cuts Tesla Hires and Raises Vehicle Prices

Elon Musk Cuts Tesla Hires and Raises Vehicle Prices

Reduction of job postings despite the claim that “the total number of people will increase”… Car price up to $6,000↑ Tesla – As the U.S. economy is struggling with supply chain problems and inflation, electric car maker Tesla has cut hiring and raised electric car prices. According to data from ‘Syncnum Alternative Data’, a company information providing platform obtained by …

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Gold Worries About Strong Dollar and Weak Bonds

Gold Worries About Strong Dollar and Weak Bonds

Gold prices are volatile as the US dollar strengthens and bonds weaken due to the tightening of the Federal Reserve (Fed). According to Market Watch on the 14th (local time), the gold futures price on the New York Mercantile Exchange (COMEX) closed at $1813.5 an ounce, down 1% from the previous trading day, recording the lowest level in one month …

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‘Coin Run’ Due to Cryptocurrency Crash… Celsius Withdrawal Freeze

'Coin Run' Due to Cryptocurrency Crash... Celsius Withdrawal Freeze

Coinbase shares plunge 11.41% after being sued for the world’s largest exchange Coin-related companies started to freeze withdrawals due to the collapse of virtual currency. In the aftermath, shares of Coinbase, one of the largest cryptocurrency exchanges in the United States, plunged more than 13%. According to CNBC on the 13th (local time), Celcius Holdings, a cryptocurrency-backed loan company, has …

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