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Nomura economists suggest the Bank of Thailand may shift its policy tone from neutral to accommodative while holding rates steady. The bank is likely to acknowledge new shocks from Middle East conflicts, which could pressure Thailand's near-term growth outlook and influence its inflation tolerance.
Read MoreAn innovative Web3 platform built atop Telegram has closed a multi-million dollar funding round led by veteran investor IDG Capital. The platform integrates content discovery, community rewards, and on-chain analytics within messaging, launching a major creator initiative to share ecosystem growth with users.
Read MoreBlockchain data reveals a long-dormant Ethereum whale address suddenly became active after 3 years, transferring its entire holdings of 2,301 ETH (worth approximately $5.5 million) to a major exchange. This large-scale movement potentially signals a significant shift in market strategy, drawing close attention from investors.
Read MoreBarclays analysts anticipate the Federal Reserve will hold rates steady this week amid persistent inflation. However, they project potential rate cuts later in 2024, possibly around September, if inflation moderates as expected. Strong demand and policymakers' cautious stance support the current wait-and-see approach.
Read MoreIran's parliamentary security committee chairman, Ibrahim Aziz, declared Iran will not negotiate with the US on nuclear issues. He asserted Iran's right to uranium enrichment as an established fact, stating compliance would not satisfy US demands. Iran's success stems from firm resistance against escalating pressure.
Read MoreThe UK's tech minister expressed concerns about plans to align closely with EU regulations. He warned that adopting strict EU rules, particularly on AI, could stifle innovation, harm the tech sector, and undermine the UK's ability to attract investment, especially from the US.
Read MoreLeading Korean exchange Upbit has listed Onyxcoin (XCN), enabling trading via KRW and USDT pairs. Trading commenced at 16:00 on April 27, with deposits accepted 1.5 hours post-announcement. This expands digital asset options for investors.
Read MoreThis week marks a global 'Super Central Bank Week' with G7 central banks announcing rate decisions. While rates are expected to hold, traders are on high alert for any hawkish signals on inflation or geopolitical risks that could trigger a bond sell-off.
Read MoreTencent Cloud's QClaw platform has launched a significant update, introducing support for the Hermes framework, enabling multi-agent operations. The platform lowers the barrier to entry with an upgraded "Expert Square," adds voice interaction and file sharing for remote control, and allows free switching between cutting-edge AI models. Connector ecosystem and team collaboration features are also greatly expanded.
Read MoreOn-chain data reveals a mysterious address, previously profitable from APE, has aggressively accumulated 10.26 million LDO tokens valued at $4.58 million, sparking speculation about Lido's future trajectory.
Read MoreBlackRock's spot Bitcoin ETF (IBIT) recorded a substantial $983 million in net weekly inflows, its highest level in six months. This surge signals renewed institutional confidence and a potential positive shift in market sentiment towards cryptocurrency investment vehicles.
Read MoreIran and Oman have agreed to continue expert-level consultations regarding the Strait of Hormuz. This development signals enhanced bilateral cooperation on maritime security and regional stability, with technical discussions focusing on the vital waterway's management.
Read MoreBinance co-founder He Yi clarified rumors about investing in a specific AI project, emphasizing support for Chinese-led AI startups. She highlighted the focus on innovation within this ecosystem, following earlier reports of indirect investments in Chinese AI ventures disclosed at a Hong Kong event.
Read MoreA senior Iranian official declared that all vessels passing through the Strait of Hormuz must pay fees in Iran's national currency, the Rial. Additionally, the country will completely ban any ships or cargo linked to Israel from using this vital waterway, marking a significant geopolitical stance.
Read MoreIran's Islamic Revolutionary Guard Corps employs swarms of small, fast attack boats in the Strait of Hormuz, creating asymmetric challenges for US naval forces. This tactic disrupts larger US vessels, consuming significant military resources. The strategy highlights escalating regional tensions.
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