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Despite Virgin Orbit’s Challenges, Spacetech Funding Remains Stable

Virgin Orbit, the satellite launch company founded by Sir Richard Branson, has faced several challenges in recent months. In May 2020, the company's first attempt to launch a rocket into space failed due to a malfunction in the rocket's engine. Then, in July 2020, Virgin Orbit announced that it would be laying off around 350 employees due to the economic impact of the COVID-19 pandemic.Despite these setbacks, spacetech funding remains stable. In fact, according to a report by Space Capital, a venture capital firm focused on the space industry, spacetech

US Government to Sell $215M in Seized Silk Road Bitcoin and Consider Dumping Additional $1.1 Billion

The United States government has announced its plans to sell $215 million worth of Bitcoin that was seized from the infamous dark web marketplace, Silk Road. The sale is expected to take place in the coming weeks, with the proceeds going towards funding various law enforcement initiatives.Silk Road was an online black market that operated from 2011 to 2013, selling illegal drugs, weapons, and other illicit goods. The site was shut down by the FBI in 2013, and its founder, Ross Ulbricht, was sentenced to life in prison without parole.The

Bullard from the Fed reveals that FOMC projections indicate an additional rate hike.

James Bullard, the President of the Federal Reserve Bank of St. Louis, recently revealed that the Federal Open Market Committee (FOMC) projections indicate an additional rate hike in the near future. This news has caused a stir in the financial world, as many investors and economists are now speculating about the potential impact of this decision on the economy.The FOMC is a committee within the Federal Reserve System that is responsible for setting monetary policy in the United States. The committee meets several times a year to discuss economic conditions

Analysis of USD/JPY Price: Bulls Aim to Test Crucial Resistance at 132.60, with Attention on 50% Reversion and Support Levels

The USD/JPY currency pair has been on a bullish run since the beginning of the year, with the pair currently trading at 131.50. The bulls are aiming to test the crucial resistance level at 132.60, which is a key level to watch in the coming weeks.One of the key factors driving the bullish momentum in the USD/JPY pair is the improving economic outlook in the United States. The US economy has been showing signs of recovery, with strong job growth and rising consumer confidence. This has led to expectations of

Analysis of USD/JPY Price: Bulls Aim to Test Key Resistance at 132.60, with Attention on 50% Reversion and Support Levels

The USD/JPY currency pair has been on an upward trend since the beginning of the year, with bulls aiming to test key resistance at 132.60. This is a significant level for traders as it represents a major psychological barrier that, if broken, could lead to further gains for the pair.One of the key factors driving the USD/JPY price higher is the divergence in monetary policy between the US and Japan. The Federal Reserve has been raising interest rates, while the Bank of Japan has maintained its ultra-loose monetary policy. This

Individuals Increasingly Favor Tesla Stock as Popularity Soars

Tesla, the electric car manufacturer, has been making waves in the stock market lately. The company's popularity has soared in recent years, and as a result, individuals are increasingly favoring Tesla stock. In this article, we'll explore why Tesla has become so popular and why investors are flocking to its stock.One of the main reasons for Tesla's popularity is its innovative approach to the automotive industry. The company's electric cars have revolutionized the way we think about transportation, and they have been well-received by consumers. Tesla's commitment to sustainability and

USD/INR aims to break multi-tested resistance at 83.00, with anticipation for Fed’s decision.

The USD/INR currency pair has been on an upward trend since the beginning of 2021, with the exchange rate currently hovering around 73.50. The pair has been testing the resistance level at 83.00 multiple times over the past few months, and traders are now anticipating a potential breakout.One of the key factors driving the USD/INR exchange rate is the upcoming decision by the US Federal Reserve on its monetary policy. The Fed is expected to announce its decision on interest rates and other monetary policy measures on September 22nd. Traders

Cleveland Clinic Implements IBM Quantum System One for Advanced Computing Capabilities

Cleveland Clinic, one of the leading healthcare systems in the United States, has recently implemented the IBM Quantum System One for advanced computing capabilities. This move is expected to revolutionize the way healthcare is delivered by enabling faster and more accurate diagnoses, personalized treatment plans, and drug discovery.The IBM Quantum System One is a state-of-the-art quantum computer that uses quantum mechanics to perform complex calculations at lightning-fast speeds. Unlike traditional computers that use binary digits (bits) to represent data as either 0 or 1, quantum computers use quantum bits (qubits)

IBM Launches On-Site Quantum Computer and Healthcare-Focused Quantum Computer at Cleveland Clinic

In a major breakthrough for the field of quantum computing, IBM recently announced the launch of two new quantum computers at the Cleveland Clinic. The first is an on-site quantum computer, which is the first of its kind to be installed in a healthcare setting. The second is a healthcare-focused quantum computer, which is designed to help healthcare professionals better understand and analyze complex medical data. The on-site quantum computer is a powerful tool that will enable researchers and clinicians to explore new treatments and therapies. It will also allow

Bitcoin Cash Price Analysis: BCH Lags Behind BTC During Safe-Haven Rush

The cryptocurrency market has seen a surge in activity in recent weeks, as investors flock to digital assets in search of safe-haven investments. Bitcoin (BTC) has been the biggest beneficiary of this trend, with its price rising to new all-time highs. However, Bitcoin Cash (BCH) has lagged behind its older sibling, despite the fact that it is also a major cryptocurrency. In this article, we will take a look at the recent price action of BCH and analyze why it has failed to keep pace with BTC. First, let's take

Exploring the Factors Behind Bitcoin’s Price Surge and the Potential for BTC to Reach $30K

The recent surge in Bitcoin's price has been one of the most talked-about topics in the financial world. The cryptocurrency has seen a dramatic increase in value over the past few months, with its price reaching an all-time high of nearly $20,000 in December 2020. This has led to speculation about whether Bitcoin will continue to rise or if it will eventually crash. Many investors are wondering if Bitcoin could potentially reach $30,000 in the near future. There are several factors that have contributed to Bitcoin's recent price surge. One

Yen Strengthens Ahead of Federal Reserve, Swiss National Bank, Bank of England Meetings and Manufacturing PMI Releases

The Japanese yen has been strengthening ahead of the upcoming meetings of the Federal Reserve, Swiss National Bank, and Bank of England, as well as the release of the manufacturing Purchasing Managers’ Index (PMI). The yen has been on an upward trend since the beginning of the year, and this trend is expected to continue as investors await news from these important events.The Federal Reserve, Swiss National Bank, and Bank of England are all expected to make decisions on monetary policy in the coming weeks. Investors are closely watching these