~Bitcoin News of the Day

• The announcement published on Wednesday says Canaan (Nasdaq: CAN) aims to reach a computing capacity of 10 exahash per second (EH/s) by mid-2025 through partnerships and infrastructure upgrades. In a deal with Luna Squares Texas LLC (LS Texas), Canaan’s subsidiary, Beet Digital LLC, intends to deploy Avalon A14 and A15 mining machines at a 30-megawatt (MW) site in Willow Wells, Texas.

Global Trade & ~Econ

• Relentless economic strength, stubborn inflation and stock markets flirting with record highs have become barriers against hasty rate cuts. Fed Chair Jerome Powell said last week "the economy is not sending any signals that we need to be in a hurry to lower rates."

~Politics_and_Law

• The defeat of an initiative to raise the minimum wage to $18 an hour makes California the first state to reject a statewide minimum-wage increase at the ballot in almost 30 years, an outcome likely to reverberate across organized labor nationally.

~Stacker_Sports News

• Lionel Messi and the Argentina national team are likely to play in Kerala, India in 2025, announced the Kerala state government on Wednesday. Speaking at a press conference, the state's sports minister V Abdurahiman said, "The world's number one football team, Argentina, comprising Lionel Messi, is coming to Kerala".

~Tech & ~Science

• New research into dark matter suggests it might have originated from a “Dark Big Bang,” distinct from the traditional Big Bang. This theory, which posits a separate cosmic event as the source of dark matter, could change how we understand the universe’s early moments. Upcoming gravitational wave detection experiments could provide critical evidence to support this theory.

~History with Mystery

• Today, California’s giant sequoias are a protected species, but a century ago they were viewed just like any other natural resource—something to be harvested for human gain. In the late 19th century, the United States was experiencing explosive growth. Western forests were sold off for logging rights to supply lumber for building the nation’s homes, schools and factories.
• A single giant sequoia could provide 500,000 board feet of lumber, a bonanza for profit-hungry logging companies. But chopping down these mighty trees proved to be a herculean task. Milling the massive trunks and transporting the lumber down from the mountain was even more difficult. It required expensive feats of engineering like the 54-mile Sanger flume, the largest log flume of its day.

~Entertainment World

• Liam Payne’s former One Direction bandmates were amongst the mourners at his funeral Wednesday in England’s Home Counties. Harry Styles, Zayn Malik, Niall Horan and Louis Tomlinson all came together for the first time in nearly nine years to pay their respects to the late singer.

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