Author: bitlyfool
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Stocks are primed to tumble into a bear market as bullish investors have driven equities to 1929 extremes, famed fund manager says
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A trader works on the floor at the New York Stock Exchange in New York City, US, March 5, 2020.Andrew Kelly – Reuters The stock market looks poised to fall from its highs, said legendary investor John Housman. The stock market reflects the volatility that preceded the 1929 crash, Housman…
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Yen is a big loser against the USD in Asian trade today, but its not the only one
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…
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SEC Chair Gensler: Crypto Represents ‘Outsized’ Share Of Scams And Fraud In Overall Markets
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In a recent interview with CNBC, the head of the Securities and Exchange Commission (SEC). Gary Gensler He reiterated his concerns about the cryptocurrency industry, highlighting its alleged connection to scams, fraud and compliance issues within the broader market. Compliance with cryptocurrency securities laws Gensler started with Recognition That although…
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SEC Chair Gensler: Crypto Represents ‘Outsized’ Share Of Scams And Fraud In Overall Markets
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In a recent interview with CNBC, the head of the Securities and Exchange Commission (SEC). Gary Gensler He reiterated his concerns about the cryptocurrency industry, highlighting its alleged connection to scams, fraud and compliance issues within the broader market. Compliance with cryptocurrency securities laws Gensler started with Recognition That although…
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Biden administration set to resume purchases for Strategic Petroleum Reserve
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Slavko Sereda/iStock via Getty Images Crude oil futures fell slightly on Tuesday after news reports said Russian Deputy Prime Minister Alexander Novak indicated that OPEC+ may increase production if market conditions warrant it, in addition to other signs of easing supply concerns. “It always depends “The current situation and the…
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Brazil’s Carrefour swings to profit in first quarter By Reuters
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SAO PAULO (Reuters) – Carrefour Brazil, controlled by France Carrefour (EPA:) announced net profits of 39 million riyals ($7.7 million) for the first quarter, offsetting losses in the same period last year, as rising food inflation pushed up its profits. On an adjusted basis, it also returned to the black…
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Investment Firm Discloses Over $1.8 Billion in Bitcoin ETF Holdings in SEC Filing
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Susquehanna International Group, LLP (SIG), a global trading, technology and investment firm, disclosed that it owns more than $1.8 billion worth of Bitcoin exchange-traded funds (ETFs) through a 13F-HR filing with the Securities and Exchange Commission (SEC). ), provides a detailed analysis of SIG’s investment portfolio. Deposit reveal The investment…
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What’s a death doula? | Fortune Well
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Erin Collins is an end-of-life doula in Oregon — someone who, as part of a growing field, guides another person through their dying journey. I recently worked with a 91-year-old man who had Parkinson’s disease and dementia and was concerned about how long it might take for him to die.…
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Over 5 Million Wallets Now Profitable as Potential Surge Looms
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So far, Dogecoin has emerged as a significant player among the largest altcoins, showing signs of a strong comeback, particularly through the recent profitability of its numerous wallet addresses. A surge in profitable Dogecoin addresses Recently Data From IntoTheBlock reveals a significant increase in the profitability of Dogecoin addresses. Of…
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Call for targeted fertiliser and soil health strategy to unlock the continent’s agricultural potential
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Estimates indicate that the cost of land degradation due to poor soil health ranges between $850 and $1,400 per year per person, with a global cost of between $6.3 and $10.6 trillion annually. Reduced soil fertility not only reduces crop productivity, but also exacerbates the impacts of climate change by…
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Dollar steadies after payrolls-linked fall; yen falls again By Investing.com
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Investing.com – The US dollar rose in early European trade on Tuesday, trying to bounce back from sharp losses at the end of last week, while the Japanese yen fell despite further threats of intervention. At 04:35 EDT (08:35 GMT), the dollar index, which tracks the US currency against a…
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Unlocking The Anonymity Of The E-Rupee: RBI’s Innovative Approach
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India’s journey towards adopting the digital rupee, also known as e-rupee or Central Bank Digital Currency (CBDC), highlights the relentless pursuit of innovation and user-centric solutions. The Reserve Bank of India (RBI) is dedicated to improving the Central Bank Central Banking (CBDC) framework, with a major focus on enhancing privacy…
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We should be in a stand-off with China, says Iain Duncan Smith
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The UK should impose economic sanctions on China, after claims the country hacked the Ministry of Defence, a senior Conservative MP, Sir Iain Duncan Smith, has said. Sir Ian said he believed there was conflict within Whitehall over how to deal with China, but warned that the country’s purpose was…
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Forexlive Americas FX news wrap 7 May: The USD is the strongest of the major currencies.
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The American session was devoid of any American data today. The only economic report was the Ivey PMI from Canada, which came in stronger than expected. Despite the gains, the Canadian dollar weakened and was one of the weakest major currencies. Today the US dollar was the strongest among the…
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MoonPay, BitPay partner to simplify crypto transactions
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MoonPay, a web-based fintech company3, and BitPay, a cryptocurrency payments platform, have teamed up to simplify cryptocurrency transactions, with the aim of making the process more seamless. MoonPay announced via social media that the partnership will enable easier and faster cryptocurrency sales, simplifying how users transfer cryptocurrencies to their bank…
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Second Revised Announcement Regarding Application for Management Cease Trade Order
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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 07, 2024 • 7 minute…
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Beats On Revenue But Stock Drops By Stock Story
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Audio technology company Sonos (NASDAQ:) reported better-than-expected results in the first quarter of fiscal 2024, with revenue falling 16.9% year over year to $252.7 million. The company expects full-year revenues to be about $1.65 billion, in line with analyst estimates. It had a non-GAAP loss of $0.34 per share, down…
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Poloniex Hacker Transfers Over $3.3 Million Worth of ETH to Sanctioned Tornado Cash
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The hacker behind the attack on cryptocurrency exchange Poloniex in November 2023, recently transferred more than 1,100 Ethereum (ETH) to sanctioned cryptocurrency mixer Tornado Cash. The hacker sent ether in batches while still holding over $180 million in assets across different blockchains. Poloniex Hacker’s Laundry of 1,120 ETH according to…
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Israeli cloud security co Wiz raises $1b at $12b valuation
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Israeli cloud security company Wiz The company announced the completion of a $1 billion financing round at a company valuation of $12 billion. This brings the total amount raised by the company to $1.9 billion. The latest round is led by Andreessen Horowitz, Lightspeed Venture Partners, and Thrive Capital, with…