Author: Investor Empires
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Mt. Gox Delays Repayment Plan Until October 2025
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This article is also available in Spanish. In a development that could provide relief to Bitcoin (BTC) and the broader cryptocurrency ecosystem, Mt.Gox, the defunct Cryptocurrency exchange Which was hacked in 2014, announced a major delay in the payment plan for affected creditors. The original repayment date was set for…
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Sardinia is urging visitors to stay off the beaches and explore the island during the off-season—in a bold move to tackle mass tourism
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The Italian island of Sardinia suffers from a tourism problem. A few seasons ago, it issued regulations to control overcrowding on its world-famous beaches. These restrictions include restricted access, advance reservations and a towel ban. Now, some tourism experts and operators want to expand the island’s image from being a…
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Dollar push and pull yesterday but didn’t move a whole lot in the end
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In case you missed the headlines: Inflation numbers were higher than expected while initial jobless claims also jumped, with little hurricane-related impact noted. The dollar made gains on the back of this, but they were quickly erased. That’s before Bostic came in to lift the dollar again ahead of another…
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Bitcoin Stalls: Bullish Momentum Hinges On Reclaiming Key Metric, Expert Says
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After the Bitcoin price fluctuations witnessed in recent weeks, one cryptocurrency expert predicted a possible return of bullish momentum in the market. short term. However, crypto assets must recover to a certain level in order to unlock the next big price rise. The main scale can start the next rise…
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Property auctions surge as defaults hit Sh674bn
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In a yard in Nairobi, cars are piled up waiting for bids at auctions where there have not been enough buyers recently, a growing problem in Kenya as loan defaults hit a new 18-year high in August. The resilient economy and expensive loans have created a growing number of distressed…
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China stocks ‘riding the dragon’s tail’ amid stimulus swings- MRB Partners By Investing.com
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Investing.com — China’s latest round of stimulus has sparked a strong rally in local stocks over the past few weeks, but MRB Partners said China’s earnings outlook remains weak, and it’s too early to upgrade local stocks. MRB Partners said that the recent rise in Chinese stocks was mainly driven…
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Solana (SOL) Could Regain Steam: Is a Fresh Rally Ahead?
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Solana tested the $135 support level and recently corrected losses. SOL price is rising and may gain upward momentum if it crosses the $144 resistance level. SOL price is trying a new increase from the $135 area against the US dollar. The price is now trading below the $145 level…
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Rachel Reeves faces £25bn tax hike to avoid austerity, says IFS
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Rachel Reeves, the Chancellor of the Exchequer, is expected to introduce a £25bn tax rise in this month’s budget to avoid plunging Britain back into austerity, according to the Institute for Fiscal Studies (IFS). The Financial Services Institute has warned that tax rises would need to be double those introduced…
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Rachel Reeves faces £25bn tax hike to avoid austerity, says IFS
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Rachel Reeves, the Chancellor of the Exchequer, is expected to introduce a £25bn tax rise in this month’s budget to avoid plunging Britain back into austerity, according to the Institute for Fiscal Studies (IFS). The Financial Services Institute has warned that tax rises would need to be double those introduced…
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Asia FX advances, dollar little enthused by hot CPI data By Investing.com
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Investing.com — Most Asian currencies rose slightly on Friday, while the dollar fell from two-month highs although hot consumer inflation data boosted bets on a smaller interest rate cut by the Federal Reserve. But most regional currencies suffered losses in recent sessions, as recent US data indicated that interest rates…
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Crypto Exposure In Nearly Half Of Traditional Hedge Funds, Survey Reveals – What’s Driving Adoption?
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According to Bloomberg a reporta recent study found that nearly half of traditional hedge funds have some exposure to cryptocurrencies, with the degree of exposure expected to increase by the end of the year. Traditional hedge funds are venturing into crypto A survey conducted by the Alternative Investment Management Association…
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U.S. CPI Came in Hotter Than Expected in September
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The September US CPI report reflects a slowdown in price pressures for the month, but annual headline and core inflation readings were still hotter than expected. The headline CPI rose another 0.2% on a monthly basis, slightly above the expected 0.1% rise, while the core CPI posted a monthly gain…
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Will It Clear The Hurdles?
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This article is also available in Spanish. Bitcoin price extended its losses and was trading below the $60,000 area. BTC is now attempting a rally and is facing hurdles near $60,800. Bitcoin is struggling to start a new surge above the $61,200 area. The price is trading below the $61,000…
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Menora Mivtachim bids again for Isracard
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What is the right price for Isracard (TASE: ISCD)? The market value of the listed credit card company before this morning’s opening was NIS 2.75 billion. Yesterday, insurer Menora Mivtachim (TASE: MMHD) submitted an offer to manage Isracard based on a valuation of NIS 3.1 billion, 15% more than Isracard’s…
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TGI … more Fed speakers again today! Logan, Bowman, Goolsbee all on the agenda
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I posted earlier: Logan and Bowman are prime candidates to drop the “pause” comments (IMO). None of the topics in any of these speeches seem to lead to observations about economics or politics. Maybe in any question and answer. 1345 GMT/0945 EST: Chicago Fed President Austin Goolsbee delivers opening remarks…
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TGI … more Fed speakers again today! Logan, Bowman, Goolsbee all on the agenda
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I posted earlier: Logan and Bowman are prime candidates to drop the “pause” comments (IMO). None of the topics in any of these speeches seem to lead to observations about economics or politics. Maybe in any question and answer. 1345 GMT/0945 EST: Chicago Fed President Austin Goolsbee delivers opening remarks…
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Dogecoin Millionaire Picks the Best Altcoins To Get Rich, RCOF Leads the Pack With Upcoming 6000% Run In 2025
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People who have become insanely rich through tokens like Dogecoin (DOGE) are now seen bidding on RCO Finance (RCOF) Presale. Such moves show that many experienced crypto investors believe RCOF is one of the best altcoins to get rich in 2025. Cryptocurrency experts and analysts support this sentiment and add…