Author: bitlyfool
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Bitcoin Bull Michael Saylor Wants SEC To Corral Crypto Herd: ETH, ADA, SOL In The Crosshairs
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Michael Saylor, the technology entrepreneur who led MicroStrategy to the Bitcoin giant, is back in the headlines. This time, he is not defending the orange coin, but rather turning his focus to its altcoin competitors. At the recent Bitcoin For Corporations conference, Saylor unleashed a wave of speculation, painting a…
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Perficient Inc. to be acquired by EQT for about $3B
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Greenbutterfly/iStock via Getty Images Perfect Technology Consulting Company (Nasdaq:pervt) on its sale to private equity firm EQT AB for approximately $3 billion. An affiliate of private equity fund BPEA VIII (EQT Asia), which is part of EQT AB, has agreed to acquire Perficient (PRFT).) for $76 per share in cash,…
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PBOC is expected to set the USD/CNY reference rate at 7.2127 – Reuters estimate
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The People’s Bank of China is scheduled to release the reference USD/CNY exchange rate at around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as the renminbi or renminbi). The People’s Bank of China follows…
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Nasdaq-Listed Coal Miner Adds 425 BTC To Balance Sheet
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on First quarter earnings call Yesterday, Alliance Resource Partners, a $2.8 billion coal mining company that trades under the ticker ARLP on the Nasdaq, reported that it is mining Bitcoin and currently has 425 Bitcoin on its balance sheet. Nasdaq listed Alliance Resources $ARLPa $2.8 billion coal mining company, mines…
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Nearly all stablecoin transactions are from bots and large-scale traders, study says
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More than 90% of stablecoin transaction volumes do not come from real users, according to a new metric co-developed by Visa Inc, suggesting that such cryptocurrency tokens may be a long way from becoming a commonly used means of payment. The dashboard from Visa and Allium Labs is designed to…
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US stock futures rise as weak payrolls put rate cuts back on the menu By Investing.com
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Investing.com — U.S. stock index futures rose in afternoon trade on Sunday, following a strong session on Wall Street after weaker-than-expected labor data increased investors’ bets on a September interest rate cut. Some strong earnings also boosted sentiment, especially those from iPhone maker Apple, which reported a smaller-than-expected decline in…
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Why Did The Solana Price Jump Today?
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Solana (SOL) price is currently up 4% after jumping from $142 to $148 over the past 24 hours. Interestingly, Solana It has gained 23% from $119.56 since May 1 and can continue to sustain this price increase steadily for the rest of the month. On-chain data behind the scenes has…
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What digital platforms should do to uphold consumer rights, welfare
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A recent study on digital platforms in Kenya revealed that only 16% of consumers of food and grocery delivery platforms in Nairobi and Mombasa complained about unsatisfactory service. Of the complaints raised in the study conducted by the Competition Authority of Kenya (CAK), 60 percent were not attended by the…
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JP Morgan trim back estimates for ECB rate cuts in 2024 to 75bp, from 100 previously
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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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Vodafone has an idea on how to manage crypto transactions
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UK telecom giant Vodafone is looking to integrate cryptocurrency wallets directly into mobile SIM cards. David Palmer, chief product officer (CPO) of Vodafone’s Pairpoint, explained the move in an article interview With Yahoo Finance the focus is on the future. Ballmer highlighted the company’s plans to drive the adoption of…
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UK Export Finance Vows Fivefold Rise in SME Support
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UK Export Finance, the government’s trade finance arm, has committed to significantly expanding the number of businesses it supports by 2029, with a particular focus on small and medium-sized businesses, especially those led by women. The Export Credit Agency, which provides insurance cover on foreign contracts and guarantees on export-related…
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Atos board reported to be meeting Sunday to review takeover bids By Reuters
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PARIS (Reuters) – The board of directors of French technology company Atos is scheduled to meet on Sunday evening to consider takeover offers, including one from Czech businessman Daniel Kretinsky, newspapers Les Echos and Le Figaro reported. Atos, which provides communications for the French army and is set to manage…
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April Records Lowest Crypto Losses in Years: CertiK
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CertiK, a leading blockchain security company, has released its latest report revealing a significant decline in losses resulting from crypto-related hacks and fraud by the end of April. Pointing to the notable decline, CertiK reported that April saw a loss of approximately $25.7 million due to exploits, hacks, and fraud.…
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Global Housing Shortages Are Crushing Immigration-Fueled Growth
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Breadcrumb Trail Links PMN Business Households go backwards in 13 developed economies as record immigration runs into a housing crisis. Author of the article: Bloomberg News Randy Thanthong-Knight, Swati Pandey and Tom Rees Published May 05, 2024 • 11 minute read You can save this article by registering for free here.…
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Weekend – “Yellen counsels caution on currency intervention after surge in yen”
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US Treasury Secretary Yellen spoke over the weekend He added: “I will not comment on whether they intervened or not. I think this is just a rumour.” He said that the yen “moved slightly over a relatively short period of time.” “We expect that these interventions will be rare and…
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Impersonators Are Targeting Your Pack!
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The thriving Shiba Inu (SHIB) community is facing a growing threat: scammers posing as prominent developers on social media platforms like Telegram. Shibarmy Scam Alerts, a watchful community group, recently exposed this deceptive tactic, urging investors to be cautious in the face of these digital wolves in sheep’s clothing. The…
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Alcon to buy Israeli glaucoma treatment co Belkin Vision
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The Swiss-American ophthalmology company will pay $60 million immediately and up to $335 million with milestone payments to the company, BioLight reports. Swiss-American ophthalmology company Alcon (SWX: ALC) is acquiring an Israeli glaucoma treatment company Belkin’s vision With an amount of up to $335 million. The acquisition was reported by…
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Wall Street delves into Alibaba’s strategic moves By Investing.com
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Explore the opinions of Wall Street experts with this ProResearch article, which will be available exclusively to InvestingPro subscribers soon. Delve deeper into the financial world with additional reports now available exclusively to Pro subscribers, including in-depth analysis of key players such as Pfizer (NYSE:) (PFE), Shopify (NYSE:) Inc. (SHOP),…
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Bitcoin and Biodiversity in the Cannabis Industry
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The world has witnessed unprecedented power grabs and disruption of supply chains over the past two years. The near-perfect fit between big government, big banks and corporations should be a serious cause for concern throughout the agricultural sector. These movements represent nothing less than the most serious threats to our…
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Los Angeles police clear USC pro-Palestinian encampment, make no arrests By Reuters
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Written by Rich McKay (Reuters) – Los Angeles police made no arrests on Sunday while clearing a pro-Palestinian encampment at the University of Southern California, following arrests and unrest at universities across the United States over the war between Israel and Hamas. Various American universities, where graduation ceremonies were held…