News

The cryptocurrency market saw an uptick on Monday, with Bitcoin and Ethereum prices rising after the Trump family announced their entry into the Bitcoin mining space with a new venture called American Bitcoin. Despite recent declines, the market shows signs of resilience, with increasing whale wallets and average unrealized losses among Bitcoin traders suggesting potential for future growth.

A 7.7-magnitude earthquake has devastated Myanmar, killing over 1,600 people and leaving many roads and airports impassable, further complicating aid efforts in a country already mired in a civil war. International organizations are working to assess needs and deliver assistance, but challenges remain due to the ongoing conflict and damaged infrastructure.

The Naruse Dam project in Japan utilizes autonomous construction technology, featuring AI-powered bulldozers and rollers that work tirelessly, revolutionizing the industry by addressing labor shortages and boosting efficiency. This innovative approach paves the way for the future of construction, ensuring the timely completion of critical infrastructure projects.

The proposed acquisition of Seven & i Holdings by Canadian convenience retailer Couche-Tard has escalated into a contentious dispute, with both sides clashing over contract terms and antitrust concerns. The situation has intensified as disagreements arise regarding the inclusion of non-hostile takeover language and the extent of U.S. outlet divestitures needed to satisfy regulatory requirements.

U.S. stocks rebounded on Monday after last week's sharp decline, but concerns about the trade war and the Federal Reserve's interest rate decision continue to weigh on investor sentiment. Retail sales data offered mixed signals, with weaker-than-expected growth due to lower automobile sales and fuel costs.