Author: Investor Empires
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China Urged To Reevaluate Crypto Ban By Former Finance Official Amid US Policy Changes
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Amid growing debates surrounding the cryptocurrency regulation scene, a former senior official from China’s Ministry of Finance has urged the government to reconsider its strict ban on virtual assets. According to the South China Morning newspaper a reportZhou Guangyao, vice minister from 2010 to 2018, highlighted the importance of cryptocurrencies…
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Japan’s new PM supports higher corporate taxes, more defense spending
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Shigeru Ishiba, who became Japan’s new prime minister on Tuesday, is a former defense minister known for his deep knowledge of security policy. Ishiba’s push to bolster the military and call for the creation of an Asian NATO may anger Beijing, but he is cautious in his words regarding China.…
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Dollar sturdy after Powell pushes back on aggressive easing bets By Reuters
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Written by Kevin Buckland and Brigid Riley TOKYO (Reuters) – The U.S. dollar rose against its major counterparts on Tuesday after Federal Reserve Chairman Jerome Powell backed off bets on further deep interest rate cuts. The yen stabilized near the middle of its range against the dollar over the past…
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Key Levels ETH Must Break
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This article is also available in Spanish. Ethereum (ETH), the second-largest cryptocurrency by market cap, has recently lagged behind other top tokens, posting losses on both a 24-hour and weekly basis. Despite this decline, some analysts believe that if Ethereum can overcome critical resistance levels in the near future, it…
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Key Levels ETH Must Break
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This article is also available in Spanish. Ethereum (ETH), the second-largest cryptocurrency by market cap, has recently lagged behind other top tokens, posting losses on both a 24-hour and weekly basis. Despite this decline, some analysts believe that if Ethereum can overcome critical resistance levels in the near future, it…
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Joho rejects push to revoke Simba Cement’s Kilifi mining permit
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The Ministry of Mining has rejected a petition seeking cancellation of the license issued to Simba Cement Company, part of businessman Narendra Raval’s empire, in Kilifi County. The ministry told the National Assembly Environment, Forestry and Mining Committee that it had issued a license to Simba Cement to extract limestone…
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FX Watch: NZD/USD’s Trend Opportunity Ahead Of The U.S. ISM Manufacturing PMI
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The NZD/USD pair is having trouble extending its downtrend since it reached a potential support zone! Profit taking after last week’s extended moves may have pulled the NZD/USD down from highs at 0.6375. To make matters worse, this JPow was not as pessimistic as the markets expected, and only saw…
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Magic Eden Wallet to simulate ME airdrop in October
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After teasing the launch of the Magic Eden ME token in August, the Magic Eden Foundation has provided the latest update on when the airdrop will take place. The Magic Eden Foundation has not announced a launch date for the ME token. However, in to update On September 30, it…
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Magic Eden Wallet to simulate ME airdrop in October
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After teasing the launch of the Magic Eden ME token in August, the Magic Eden Foundation has provided the latest update on when the airdrop will take place. The Magic Eden Foundation has not announced a launch date for the ME token. However, in to update On September 30, it…
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National Insurance on employer pension contributions could raise billions for Treasury coffers
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The introduction of national insurance on employer contributions to pensions could generate billions for the Treasury, according to Sir Steve Webb, the former pensions minister. Webb, now a partner at LCP, points out that this reform could raise up to £16bn net a year and could be the most likely…
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Japan top FX diplomat says yen shorts that had been built up until July have been unwound
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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 more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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Bitcoin’s Price Movement Primarily Influenced By Supply And Demand, Expert Claims
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After the recent rise in Bitcoin price, several factors such as crowd sentiment have been considered as the main reason for this rise. However, Axel Adler Jr. is a market expert I searched On this topic, noting that the recent and previous price increases are mainly due to supply and…
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Bitcoin’s Price Movement Primarily Influenced By Supply And Demand, Expert Claims
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After the recent rise in Bitcoin price, several factors such as crowd sentiment have been considered as the main reason for this rise. However, Axel Adler Jr. is a market expert I searched On this topic, noting that the recent and previous price increases are mainly due to supply and…
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US Dockworkers Strike Set to Go Ahead After No Deal Announced
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Breadcrumb links BMN Business Dockworkers are set to walk out of every major port on the US East and Gulf Coasts, marking the start of a strike that could spread to the world’s largest economy and cause political unrest just weeks before the presidential election. Article writer: Bloomberg News Laura…
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What Price Will This Surge Bring?
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Ronaldo is an experienced cryptocurrency enthusiast dedicated to the emerging and ever-evolving industry. With over five years of intense research and unwavering dedication, he has developed a deep interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which quickly turned into a deep passion to…
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Japan’s business mood steady in July-Sept, keeps BOJ rate hike chance alive By Reuters
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Written by Makiko Yamazaki and Laika Kihara TOKYO (Reuters) – Japanese business sentiment stabilized in the three months through September, a closely watched survey showed, a sign that the economy remains on track toward a moderate recovery that leaves room for the central bank to raise interest rates further. But…
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Daily Broad Market Recap – September 30, 2024
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Monday was mixed for most asset classes, before dollar pairs were able to find a clear direction during Fed Chairman Powell’s speech. Commodities found themselves on shaky ground after China published gloomy PMI numbers, however global stocks managed to control losses. Here are other updates you should know about! Titles:…
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Australia’s ANZ joins Project Guardian on tokenized assets
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Australia’s ANZ Bank is collaborating with the Monetary Authority of Singapore, Chainlink Labs and ADDX to explore token assets and blockchain interoperability. ANZ Bank, one of Australia’s “Big Four” banks, has become the first Australian bank to join Project Guardian, an initiative by the Monetary Authority of Singapore that aims…
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Australia’s ANZ joins Project Guardian on tokenized assets
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Australia’s ANZ Bank is collaborating with the Monetary Authority of Singapore, Chainlink Labs and ADDX to explore token assets and blockchain interoperability. ANZ Bank, one of Australia’s “Big Four” banks, has become the first Australian bank to join Project Guardian, an initiative by the Monetary Authority of Singapore that aims…