China’s economy loses momentum as industrial output and retail sales decline in April

China’s two most-watched economic indicators, industrial output and retail sales, both declined in April, confirming what many traders already suspected: the post-Covid recovery has run out of steam. The numbers tell a familiar story Industrial production has been on a downward trajectory for months. In August, output rose just 5.2% year-on-year, already below expectations. Retail…

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Gaming Platform My Pet Hooligan Connects Token Debut to Series Finale

Key Takeaways AMGI Studios integrated the HOOLI token launch and May 18 airdrop into a 30-episode series finale. The My Pet Hooligan franchise surpassed 600,000 Epic Games Store downloads with this Web3 model. HOOLI holders will gain early access to upcoming AI integrations and expansions across major platforms. Token Utility and Ecosystem Integration Transmedia entertainment…

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Bitcoin Depot files for Chapter 11 bankruptcy amid tightening Bitcoin ATM regulations

Bitcoin Depot, once the largest Bitcoin ATM operator in North America with a network of roughly 9,000 kiosks, is shutting down operations after mounting regulatory pressure and legal challenges pushed the Bitcoin ATM operator into Chapter 11 bankruptcy proceedings. The Nasdaq-listed company said on Monday it had filed voluntarily in the US Bankruptcy Court for…

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Ethereum Price Prediction: Is ETH Setting Up for a Drop to the $1.8K Zone?

Ethereum’s recent recovery phase has weakened considerably after repeated failures beneath the $2.4K major resistance level. The latest price action suggests bearish momentum is gradually building, while buyers struggle to maintain control above important support regions. Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH has experienced a notable bearish rejection after multiple…

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