Author: bitlyfool
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RingCentral (RNG) Shares Skyrocket, What You Need To Know By Stock Story
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What Happened: Shares of office and call center communications software provider RingCentral (NYSE:) jumped 15.7% in the post-market session after the company reported first-quarter results that beat analysts’ billings, revenue and EPS expectations. Gross margin improved and free cash flow was strong. Looking ahead, revenue guidance for the upcoming quarter…
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Fantasy.top and Pump.fun among top 10 crypto protocols for fees
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Fantasy.top and Pump.fun have emerged as two leading cryptocurrency protocols, ranking among the top 10 protocols in terms of fees and revenue generated. Despite being relatively new, both platforms have quickly built large user bases and trading volumes, according to Devillama data. Fantasy.top, a decentralized exchange focused on trading cards…
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Sweden breaks tradition to cut interest rates before the Fed but will it pay off?
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Sweden took the bold step of cutting interest rates, which surprised some analysts and marked a new phase in global monetary policy that could accelerate economic expansion or return countries including the United States to a more cautious approach. Riksbank Moved in Thursday morning He cut the base interest rate…
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Mastercard and CrediMax Collaborate to Launch a New Payment Solution in Bahrain
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MasterCard and CrediMax, one of the leading credit card issuers in the Kingdom of Bahrain, have collaborated to launch a payment solution powered by Mastercard Gateway. The new payment solution, called Click to Pay, allows users to complete purchases across different devices. It promises to save time and reduce the…
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Ethereum (ETH) Capital Inflows Pales in Comparison to Bitcoin (BTC)
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During the ongoing cycle, BTC and ETH have seen increasing divergence in their respective performances. According to Glassnode results, this can be attributed to the overall trend of weaker capital turnover, especially compared to previous cycles and all-time high breakouts. Ethereum is receiving weak capital inflows In the run-up to…
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DTB to pick CEO for Kenya in reorganisation
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Diamond Trust Bank (DTB) will select a CEO for its Kenya operations for the first time in a new management structure that will leave group managing director Nissim Devji in charge of all subsidiaries. This will mark a shift from the current structure where Ms Devji, who has led DTB…
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TON takes off on Telegram tie-up By Reuters
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Written by Elizabeth Howcroft (Reuters) – The value of a coin called TON has jumped in recent months, as investors bet that its integration with messaging service Telegram could bring the cryptocurrency to the app’s estimated 900 million users. Telegram endorsed TON in September last year, saying that the blockchain…
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Bankrupt Crypto Exchange FTX Lines Up $16 Billion To Repay Creditors
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bankrupt cryptocurrency exchange, FTX he have unveil A new payment plan aimed at Payment of creditors And clients are offering billions in compensation for the time value of their investments. FTX fully compensates clients In a press release on May 7, FTX a statement It will pay 98% of its…
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ECB’s Wunsch Warns That Risks to Inflation Outlook Persist
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Breadcrumb links BMN Business ECB Governing Council member Pierre Funche still sees risks to consumer prices – including a weakening of the euro if monetary policy deviates too far from the US. Article writer: Bloomberg News Mark Schruers Published on May 8, 2024 • 2 min read You can save…
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3 Tips to Help You Stay “In the Zone” While Trading
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In psychology to beIn the regionIt is more commonly referred to as “flow.” This concept was proposed by Mihály Csíkszentmihályi (try saying it out loud 3 times!) and he describes it as a state in which a person feels fully engaged and fully focused on a particular task. Too often,…
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Dylan LeClair Joins “MicroStrategy of Asia” as Director of Bitcoin Strategy
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Metaplanet, a decades-old public Japanese company that provides hospitality and technology-related services, recently announced a major strategic pivot — embracing Bitcoin as a core asset for its corporate treasury. Last month, Metaplanet revealed that it had acquired over $6 million worth of Bitcoin, marking the company’s foray into digital assets.…
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Teva loss narrows as revenue grows
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With the recovery of the generic drug market in the United States Teva Pharmaceutical Industries Limited (New York Stock Exchange: Tifa; level: Tifa) It ended the first quarter of 2024 with revenues of $3.81 billion, an increase of 4.3% from the first quarter of 2023, and above analysts’ expectations of…
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The USD is the strongest and the AUD is the weakest as the NA session begins
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As the North American session begins, the US dollar is the strongest and the Australian dollar is the weakest. The Japanese Yen sits just behind the Australian Dollar as one of the weakest currencies after comments from Japan’s Finance Minister and Bank of Japan Ueda failed to sufficiently scare off…
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Is The PEPE Dream Over? Analyzing The Meme Coin’s Price Drop
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The once-thriving meme coin Pepe (PEPE) has hit a rough patch, seeing a… prices drop Nearly 10% in the last 24 hours. This sudden downturn comes amid a wave of questions surrounding massive token withdrawals from a major exchange and the general future of the meme-inspired cryptocurrency. PEPE price falters…
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Russian court says US soldier charged with theft causing ‘significant’ damage By Reuters
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MOSCOW (Reuters) – U.S. soldier Gordon Black, detained in the Russian city of Vladivostok until July 2, is accused of theft and causing serious damage, a Russian court said. The detention of Black, who the Pentagon said traveled to Russia without authorization, represents another diplomatic headache for the United States,…
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Emerson shares inch up on earnings, revenue beat By Investing.com
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street. LOUIS – Emerson Electric Company (NYSE: NYSE:) reported stronger-than-expected second-quarter performance, with adjusted earnings per share (EPS) and revenue beating analysts’ expectations. EMR shares rose 0.9% in pre-market trading. The company reported second-quarter adjusted EPS of $1.36, which beat analysts’ estimates of $1.25. Revenue also beat expectations, coming in…
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The Largest Corporate Holder Of Bitcoin
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The world of cryptocurrencies has seen a plethora of fascinating developments, but MicroStrategy’s journey stands out as a shining example of the transformative power of digital assets. In a stunning turn of events, this US-based software company has amassed a stock of Bitcoin larger than those of any single country,…
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The meme stock surge doesn’t appear to be the ominous signal it has been
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This is the takeaway from today’s morning briefing, and what you can do subscription Received in your inbox every morning with: Meme stocks are making headlines again. Household names that captured investors’ imaginations in 2021 — like GameStop (GME) and AMC Entertainment (AMC) — are rising higher (and lower in…
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The Finalto Broker Series is BACK!
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Finalto is pleased to announce the release of its latest entry in Mediator seriesWith a focus on marketing and marketing compliance. This new publication explores the evolving movements of retail trading and the reactive regulatory actions that come with them. It offers brokers practical insights to overcome the challenges of…
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LocalMonero exchange shutters due to ‘internal and external factors’
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LocalMonero, one of the largest centralized peer-to-peer platforms for XMR trading, is shutting down its services amid the global crackdown on privacy-focused tokens. The central peer-to-peer marketplace for trading Monero (XMR), LocalMonero, is shutting down its services, citing “internal and external factors” as the reason behind the move. in Blog…