Author: bitlyfool
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Bitcoin Loses Historical Level, Analyst Says “Reclaim And Bounce, Or Die”
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One analyst pointed out how Bitcoin recently closed below a historically important on-chain level, which failure to reclaim could spell trouble for Bitcoin. Bitcoin fell below its short-term holder cost basis in the recent crash In new mail At “Price Realized” here refers to an on-chain indicator that tracks the…
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Berkshire board member blesses Buffett’s successor but warns—’he’s not going to be as entertaining as Warren and Charlie’
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Everyone knows Warren Buffett The successor to the Legendary Investor will not be able to keep up with the Legendary Investor, however Berkshire Hathaway The company’s Board of Directors remains confident that Greg Appel is the right man to lead the group into the future. Ron Olson, a longtime Berkshire…
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Kimbell Royalty Partners posts record Q1 results By Investing.com
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Kimbell Royalty Partners (NYSE:), an owner of oil and mineral and royalty interests in the U.S., reported a record-setting first quarter in 2024 with new highs in daily production, revenue, and EBITDA. The company announced a distribution increase of 14% to $0.49 per common unit and remains optimistic about the…
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Nabs Pantera Capital investment, Arkham partnership
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Toncoin has resumed growth behind investments from venture capital firm Pantera Capital. Launching several initiatives simultaneously, the price of Toncoin (TON) rose 7% over the past 24 hours to $5.15, recovering after several weeks of decline. Source: CoinMarketCap The renewed growth comes shortly after Pantera Capital Announce Investing in the…
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What will bring back retail investors to the bourse through IPOs
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Someone should have advised President William Ruto that targeting ten IPOs in 12 months was not only a bad idea, but also gave the wrong signal. Was it a political ploy? Another misleading marketing attempt at privatization? Part of broader political marketing? Choose what you believe but it’s been 18…
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Coinbase Rides Bitcoin ETF Wave as Profits Soar past $1B in Q1
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Coinbase released its Q1 2024 report, showcasing a massive 72% QoQ increase in total revenue to $1.6 billion. This increase was accompanied by a significant net income of $1,176 billion, representing an increase of 1,588% year over year. This figure represents a turnaround from a net loss of $79 million…
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Chainlink Bull Run Incoming? Most Recent LINK Price Predictions
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Turkish lire; Dr Chainlink’s LINK is poised to rebound from its current price of $14, which is indicated by a positive TD chain buy signal. Leading analysts are forecasting strong returns for the asset, supported by positive on-chain metrics indicating an upward movement. Link price forecast Chainlink’s native cryptocurrency –…
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Peter Davies from Lansdowne Partners, Guides Youth Parliament Chancellor
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In a pioneering effort to instill financial literacy at an early age, veteran investor Peter Davies of Lansdowne Partners recently sat down with Aryan Shekhar, the 11-year-old Chancellor of the Exchequer, at Sir David Amis’s UK Children’s Parliament for primary school students. Accompanied by five other students from Westminster Under…
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Stablecoin Tether steps up monitoring in bid to combat illicit finance By Reuters
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Written by Elizabeth Howcroft LONDON (Reuters) – The world’s largest stablecoin has stepped up monitoring of how its tokens are used in the broader cryptocurrency and payments markets in a bid to combat illicit financing, Tether said in a statement on Thursday. Tether, a cryptocurrency pegged to the US dollar,…
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Analyst Identifies Crucial Dogecoin Support At $0.112-$0.123, Will Price Crash Further?
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Dogecoin suffered a major collapse in the carnage that rocked the cryptocurrency market earlier this week, resulting in double-digit losses in the process. This brought down its support, and $0.112-$0.123 is now the level to hold for the meme coin. But what if it falls below this support? Dogecoin should…
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ICYMI – BOJ data suggests significant additional yen-buying intervention this week
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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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Script State from Lamport Signatures
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The last six months or so have seen several proposals for improvements to Bitcoin Script: CAT, 64-bit arithmetic, as well as some older ideas (CTV) and far-future ideas (Chialisp and Simplicity). This activity has largely overshadowed some revolutionary changes in our understanding of the existing Bitcoin Script, changes which form…
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Oasis Security raises $35m, doubles valuation
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Israeli startup Oasis securityA company developing a platform for securing non-human identities (NHIs) at an enterprise has announced the completion of a Series A extension in which it raised $35 million, double the valuation in its previous round held just months ago. The round was led by Accel, Cyberstarts, and…
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Exelon reports steady progress and regulatory wins By Investing.com
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Exelon Corporation (NASDAQ:) has reported its first quarter earnings, indicating a solid performance with earnings of $0.66 per share on a GAAP basis and $0.68 per share on a non-GAAP basis. The energy giant is on track to meet its annual financial expectations and has made significant strides on the…
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Dogecoin Breaks Out Of Descending Triangle Like It Did In 2021, Analyst Sets $6 Target
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It looks like Dogecoin price action as well It has turned bearish After a bearish close in April. Predictions for the cryptocurrency Mimi are Not bullish on In the short term, especially considering the fact that it is now seeing a 47% price correction from its highest point in the…
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Bill.com (NYSE:BILL) Reports Upbeat Q1, Provides Optimistic Full-Year Guidance By Stock Story
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Billing and payment software maker Bill.com (NYSE:BILL) beat analysts’ expectations in the first quarter of fiscal 2024, with revenue rising 18.5% year-over-year to $323 million. Furthermore, revenue guidance for the upcoming quarter ($325 million at the midpoint) was surprisingly good and 3.3% higher than analysts had expected. It generated non-GAAP…
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Interactive Brokers Expands Offerings with Daily Options on French Stocks
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From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast…
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Convicted CZ’s 100% Ownership Of Binance France Raises Concerns For EU Access
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Regulatory challenges faced by Binance, the leading cryptocurrency exchange, have put its access to EU markets at risk. The revelation that Changpeng Zhao, also known as CZ, founder and former CEO of Binance, is the sole shareholder of Binance France has raised concerns among European regulators. This situation has significant…
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Warren Buffett Isn’t Worried About Berkshire After He Dies, Says ‘If I Die Tonight, I Think the Stock Would Go Up Tomorrow’
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Warren Buffett isn’t worried about Berkshire after his death, says: ‘If I die tonight, I think the stock will go up tomorrow’ Warren Buffett, one of the most successful investors of all time, is still very powerful at 93 years old. However, he is not unaware of his eventual demise,…
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Dollar still has upside potential
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Investing.com – The US dollar pulled back from its highest levels in nearly six months after Federal Reserve Chair Jerome Powell reiterated the central bank’s dovish bias, raising the possibility of a stronger dollar sell-off ahead. However, Barclays still sees potential for the dollar to rise further. “Parts of the…