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(Bloomberg) — A decline in the world’s biggest technology companies weighed on stock prices, while U.S. Treasury yields rose again on expectations the Federal Reserve would take a more cautious approach to cutting interest rates. Most Read Articles on Bloomberg The stock market fell for the third day in a row, with the S&P 500 dropping about 1% and the Nasdaq 100 falling nearly twice as much. Nvidia led the decline in megacaps. Apple Inc. fell after a high-profile analyst announced that orders for the iPhone 16 fell by about 10 million units from the fourth quarter to the first…

Vietnam announced its National Blockchain Strategy in an announcement on October 23, setting ambitious goals to improve its blockchain capabilities.The initiative aims to position Vietnam as the region’s leading hub for blockchain research, application and innovation by 2030.According to the document, the Vietnamese government has identified blockchain as a key technology in the Fourth Industrial Revolution, indicating its importance for future development.Phan Duc Trung, executive vice president of the Vietnam Blockchain Association, said this strategy is a pivotal moment for Vietnam, highlighting the government’s commitment to building a transparent, secure and sustainable digital economy.Vietnam blockchain visionVietnam aims to be at…

Russian officials are reportedly discussing how to use Bitcoin (BTC) to conduct international trade outside of the US dollar system. According to a Bloomberg report shared by Matthew Siegel, head of digital assets at VanEck, a Russian mining company sold its BTC to overseas buyers and used the coins to pay for imports, effectively eliminating sanctions. It is said that influential politicians are promoting the idea that it can be avoided. Russia has already made several moves this year to withstand economic sanctions, including allowing the use of cryptocurrencies in international trade and working to launch its own crypto exchange…

Why is blockchain development still a challenge for many companies and developers? Despite the rise of decentralized applications, coding blockchain remains a complex process, hindering widespread adoption . Qubetics addresses this issue with its innovative QubeQode IDE, offering a more accessible approach to blockchain development. Alongside established projects such as Ethereum, Monero, Stellar, and BNB, Qubetics is poised to make a big impact. In this article, we explore the recent trends in these four coins and why the Qubetics presale, which promises huge profits, creates a strong sense of urgency for investors.Qubetics: Streamline blockchain development with QubeQode IDEQubetics is revolutionizing…

The Nasdaq fell on Wednesday as doubts about a rate cut weighed on investors as they grappled with a busy day highlighted by earnings from Boeing Co. (BA) and Tesla Inc. (TSLA). The Dow Jones Industrial Average (^DJI) fell more than 300 points (0.7%). The tech-heavy Nasdaq Composite Index (^IXIC) fell about 1%, and the benchmark S&P 500 (^GSPC) fell more than 0.6%. Stock prices have stalled as investors debate how quickly the Federal Reserve will cut interest rates over the next year. Pessimism about the outlook for interest rates to remain high for an extended period of time has…

Congressman French Hill, chairman of the House Digital Assets Subcommittee, provided a timeline for passage of the stablecoin bill, suggesting it could be passed as early as the end of the year. Interestingly, the congressman also provided insight into the process of removing Securities and Exchange Commission (SEC) Chairman Gary Gensler. French Hill raises possibility of stablecoin bill being passed by year-end During an interview on the Thinking Crypto podcast, a US lawmaker suggested that the US House of Representatives could pass a stablecoin bill by the end of the year. He added that if it fails to pass this…

Orbs, a decentralized layer 3 blockchain optimized for on-chain trading, announced the integration of its liquidity hub with leading multi-chain DEX platform QuickSwap. This decision follows overwhelming approval by QuickSwap’s governance vote. This integration aggregates Ethereum liquidity through Orbs technology, improving the price of QuickSwap. All of QuickSwap’s DEX liquidity is sourced from Orbs Liquidity Hub. This is an important feature that provides support for Quickswap after its expansion to Ethereum. Orbs’ on-chain and off-chain liquidity will be made available to QuickSwap, allowing it to offer competitive pricing. With the launch of Orbs Liquidity Hub, QuickSwap takes another step towards…

A $16 million pyramid scheme in Austria that tricked 40,000 victims into investing in real estate and cryptocurrencies, forcing perpetrators to spend tens of thousands of euros on luxury cars, private jets, prostitutes, sharks and more. Five people were jailed for their involvement. tank. The Daily Mail reported that 11 suspects from Austria, Croatia and Italy were tried for 60 days in the Klagenfurt District Court in what was billed as the largest fraud trial in Austria’s history. The defendants, who also include the 24-year-old son-in-law of an unnamed celebrity, are accused of guaranteeing huge profits to investors when they…

Let’s take a look at where and how blockchain users are deploying smart contracts.1. Automation of Cryptocurrency Trading and Other ContractsBecause smart contracts execute automatically, they allow for much faster transactions, especially for complex matters. All you need to do is set up predefined actions (such as transferring cryptocurrencies or other assets) that are triggered when the terms of the contract are met. This eliminates the need for intermediaries and brokerage fees, lowering costs and removing once ubiquitous red tape from various processes.2. Improved security and transparencyUnfortunately, it is not always easy for the parties to agree on a reliable…

Hoeem, a pseudonymous crypto trader, outlined a three-wave trading strategy to navigate the volatile memecoin market. What happened: Hoeem outlined to X an approach that categorizes trades into three different waves. Wave 1: Characterized by high risks and rewards, low win rates, and a significant number of lag pulls. With thousands of new coins being launched every day, this wave of traders must be highly skilled at identifying vulnerabilities in smart contracts, wallet distribution targets, and supply holders. Wave 2: Offers a balanced risk/reward ratio, acceptable win rate, and reduced lag pull. Success at this stage is the most difficult…