Economy on The Soothsayer / page 18

Solana and Binance Coin (BNB) have experienced a significant surge in value, with Solana’s market cap surpassing $100 billion and BNB’s price nearing its all-time high. Analysts predict that both cryptocurrencies could retest their all-time highs before the end of the year, driven by easing macroeconomic conditions, recent election results, and Federal Reserve rate cuts….

Nintendo, the Japanese gaming giant, has announced that its upcoming console will be backwards compatible with games from the Switch. This means that customers will be able to play their existing Switch games on the new console. The company’s president, Shuntaro Furukawa, stated that this decision was made to allow customers to enjoy their existing…

The recent buzz around XRP-focused ETFs and regulatory shifts under Trump’s administration has sparked fresh interest in the crypto market. As a result, demand for crypto wallets has intensified, fueling competition among platforms. OKX Wallet and Plus Wallet are two notable players in this space, each offering unique features and approaches to cater to different…

Former US President Donald Trump’s proposals for sweeping tariffs threaten to hobble exports that drive Asia’s growth. Trump has pledged to impose tariffs of 60 percent or more on Chinese imports and tariffs of 10 to 20 percent on all other foreign goods. This move could result in a particularly serious economic fallout in Asia,…

WEEX, in collaboration with Bybit, has launched an exclusive welcome party for KOLs ahead of the Crypto Content Creator Campus event. The event aimed to empower influencers with advanced market tools, real-time analytics, and dedicated support teams. WEEX and Bybit are committed to fostering financial growth and offering tailored affiliate programs with industry-leading commission rates…

Boeing workers in the United States have voted to accept the aircraft manufacturer’s latest contract offer, ending a seven-week strike that crippled production of the 737 Max and 777. The International Association of Machinists and Aerospace Workers (IAM) said 59 percent of its members voted to approve the deal, which includes a 38 percent pay…

Rexas Finance, a newcomer to the cryptocurrency market, is gaining attention for its potential to transform asset management and offer life-changing returns. With a current price of $0.07 and a projected listing price of $0.20, analysts estimate that Rexas Finance might rise to $150 by 2025. The project’s innovative approach to asset management, community-oriented projects,…

Boeing’s factory workers are voting on a contract offer that could end a seven-week strike, but a rejection would plunge the company into further financial uncertainty. The proposed contract includes 38% pay raises over four years, but union officials fear future offers might be worse. The strike has already caused significant losses for the company,…

Donald Trump’s recent victory in the US elections has sparked renewed hope for top altcoins like Solana. The post-election rally propelled Solana to a 17% surge, overtaking BNB in the coveted top four. Analysts are predicting a rally to $1000 on the back of Solana’s growing DeFi ecosystem, fueled by Trump’s pro-crypto stance and the…

Chinese exporters are bracing for a potential trade war with the US, as former President Donald Trump’s plans to impose tariffs of 60 percent or more on Chinese imports have sparked concerns about the impact on their businesses. Li Wei, a glass-making entrepreneur in northern China, has seen his US exports drop sharply in recent…