Author: bitlyfool
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China to Nurture Stock Rally by Masking Live Foreign Flows Data
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(Bloomberg) — China is set to stop live broadcasts of foreign stock flows as early as Monday, the latest policy move to boost confidence by removing a potential source of negative data. Most read from Bloomberg The Shanghai and Shenzhen stock exchanges plan to stop displaying real-time figures on domestic…
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France wins jobs at Morgan Stanley and other investments ahead of key summit By Reuters
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Written by Sudip Kar Gupta PARIS (Reuters) – France said Morgan Stanley will open a new European office in Paris, while two other firms announced a joint investment of 700 million euros ($753.8 million), as the country prepares to host an important annual foreign investment summit. Wall Street bank Morgan…
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ARK, 21Shares strike staking feature from Ethereum ETF plans
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ARK Invest and 21Shares have decided to remove the cryptocurrency staking feature from their Ethereum (ETH) exchange-traded fund (ETF) proposal. Changes in Staking Plans, and the SEC’s Response The decision to remove quotas from the ETF structure follows successful discussions with the US securities regulator, which led to a move…
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Can Ethereum Maintain Momentum? Key Levels To Watch
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Ethereum, the world’s second-largest cryptocurrency, has been on a rollercoaster ride recently, falling below the psychologically important $3,000 threshold only to claw its way back up. Ethereum price movement It was a confusing mix of bullish and bearish signals. Bullish whispers: new investors and short-term booms A glimmer of hope…
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Can Ethereum Maintain Momentum? Key Levels To Watch
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Ethereum, the world’s second-largest cryptocurrency, has been on a rollercoaster ride recently, falling below the psychologically important $3,000 threshold only to claw its way back up. Ethereum price movement It was a confusing mix of bullish and bearish signals. Bullish whispers: new investors and short-term booms A glimmer of hope…
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I’m not getting a smart meter
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Nigel Farage has responded to British Gas CEO demands that smart meters be mandatory in the UK by saying he would never get one and saying many people who do are being bullied. Farage also noted that the reason many UK households do not have such facilities is because they…
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MicroStrategy Bought 122 Bitcoin In April, Now Holds 214,400 BTC
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MicroStrategy, a leading business intelligence and software company, continued its steadfast commitment to Bitcoin by purchasing an additional 122 BTC in April at a total cost of $7.8 million, said founder and CEO Michael Saylor. Announce today. BREAKING: MicroStrategy bought another 122 #Bitcoin For $7.8 million. pic.twitter.com/IZWUNj0kHY – Bitcoin Magazine…
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High Arctic Announces Reorganization to Create Two Energy Services Companies, Return of Capital to Shareholders, and Annual General and Special Meeting of Shareholders
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published May 11, 2024 • 12 minute…
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US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000
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JP Morgan and Wells FargoTwo of the largest banks in the United States announced their investments in spot bitcoin ETFs, revealing their exposure to BTC, the world’s largest cryptocurrency. This important development comes amid the ongoing decline in the cryptocurrency market, which has led to… BTC price drop Just over…
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Pango acquires Gett for $175m
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Israeli parking payments app Pango today signs an agreement to buy taxi-hailing app Gett (formerly Get Taxi). Pango will pay just $175 million for Gett, which is close to the valuation Globes announced in March, and just above the $160 million fair value attributed to the company by Gett’s largest…
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At some point this will be a problem for markets
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I saw this chart today (here) and I couldn’t believe it so I checked the Census Bureau again and it was true. Current projections are that the US population will now peak at just under 370 million in 2080, but with it reaching 359 million in 2040, it’s a really…
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Blockchain firm Match Sytems saves $68m from ‘dust attack’
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Blockchain Match Systems forensics company Announce On Saturday, $68 million in stolen cryptocurrencies were recovered. The robbery, which occurred on May 3, was dubbed the “Dust Attack.” The money was returned to the victim, thanks to the UAE-based Match Systems and cryptocurrency exchange Cryptex.net. Crypto Whale lost $69.3 million in…
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Canadian police arrest fourth man for murder of Sikh leader Nijjar By Reuters
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TORONTO (Reuters) – A fourth person has been arrested and charged with the killing of Sikh separatist leader Hardeep Singh Nijar last year, Canadian police said on Saturday, in a case that has strained diplomatic relations with India. Canadian police earlier this month arrested and charged three Indian men in…
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Arm Holdings plans to launch AI chips in 2025, Nikkei reports By Reuters
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(Reuters) – SoftBank Group arm Holdings (NASDAQ:) plans to develop artificial intelligence chips and aims to launch the first products in 2025, Asia reported on Sunday. The report added that UK-based Arm will set up an AI chip division and aims to build a prototype by spring 2025. Mass production…
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We Asked ChatGPT if Bitcoin Will Enter a Massive Bull Run in 2024
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Turkish lire; Dr Bitcoin started 2024 well, hitting a record high of over $73,500, though it later fell to around $63,000. The new upward trend may depend on factors such as technological advancement, adoption rates, and global events. Key influences on the future price of BTC include potential changes in…
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It’s Time to Buy the Dip in This Generational Growth Stock Opportunity
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Airbnb’s (Nasdaq: ABNB) The first quarter earnings report was fresh from the press on May 8. Despite strong impulses on the top and bottom lines, investors sold the stock the next day as Q2 guidance came up short. Shares lost 7%, a big one-day selloff for the travel leader. Revenue…
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PrimeX Broker’s Mustafa Basil Announces Departure
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Mustafa Bassil, a prominent figure in the financial sector, announced in a post on LinkedIn yesterday (Thursday) that his employment with PrimeX Broker has ended. Career advancement at PrimeX Broker Basil’s tenure at PrimeX Broker has been notable, with significant contributions in various roles within the organization. Through his work…
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Sam Bankman-Fried Maintains Innocence While Subsisting On Rice And Beans In Prison
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Sam Bankman-Fried (SBF), a once-respected prodigy in the cryptocurrency world, has traded his penthouse apartment for prison housing. After being convicted of masterminding a multi-billion-dollar fraud at FTX, Bankman-Fried faces a harsh reality far from his former comfortable life. SBF lives on rice and retro games Recent interview Conducted within…
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Sam Bankman-Fried Maintains Innocence While Subsisting On Rice And Beans In Prison
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Sam Bankman-Fried (SBF), a once-respected prodigy in the cryptocurrency world, has traded his penthouse apartment for prison housing. After being convicted of masterminding a multi-billion-dollar fraud at FTX, Bankman-Fried faces a harsh reality far from his former comfortable life. SBF lives on rice and retro games Recent interview Conducted within…