Author: Investor Empires
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Republican Party’s top bank, Chain Bridge, aims for $167 million valuation in US IPO By Reuters
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Written by Niket Nishant and Manya Saini (Reuters) – Series Bridge Bancorp (NASDAQ:), a bank that has been popular among Republicans since its inception, is targeting a valuation of up to $167 million in its US initial public offering. The IPO, which is relatively uncommon in the banking sector, comes…
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AARON: Ocean’s DATUM Is Tackling Bitcoin’s Most Pressing Problem
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Follow Aaron on our or X. It is difficult to find a more fundamental threat to the continued existence of Bitcoin than the centralization of mining. If – for example – there are only a few mining pools, there is a very real possibility that these organizations will face regulatory…
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AARON: Ocean’s DATUM Is Tackling Bitcoin’s Most Pressing Problem
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Follow Aaron on our or X. It is difficult to find a more fundamental threat to the continued existence of Bitcoin than the centralization of mining. If – for example – there are only a few mining pools, there is a very real possibility that these organizations will face regulatory…
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Hagerty director Kauffman sells shares worth nearly $148k By Investing.com
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Director of Hagerty, Inc. sold (NYSE:HGTY) Robert I. Kaufman sold a total of 14,253 shares of the company’s Class A common stock in a series of transactions, according to a recent filing with the Securities and Exchange Commission. The sales, which took place between September 26 and 30, amounted to…
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Bank of America target EUR/USD to 1.15
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Bank of America says that with EUR/USD approaching the year-end target of 1.12, the pair has limited upside: Market expectations for interest rate cuts by the Fed and ECB are now fully priced in for 2024 ( I’ll mention that after Powell spoke on Monday, these expectations seemed overblown for…
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XRP Price Ready For 4x Jump To $2.6 As Major Bullish Pattern Breaks Occurs
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This article is also available in Spanish. Recent XRP price movements It created a huge buzz in the cryptocurrency market, as the cryptocurrency witnessed a significant price surge and crossed crucial resistance levels. With its recent bullish momentum, XRP has achieved just that Break of the main bullish patternAs a…
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XRP Price Ready For 4x Jump To $2.6 As Major Bullish Pattern Breaks Occurs
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This article is also available in Spanish. Recent XRP price movements It created a huge buzz in the cryptocurrency market, as the cryptocurrency witnessed a significant price surge and crossed crucial resistance levels. With its recent bullish momentum, XRP has achieved just that Break of the main bullish patternAs a…
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This week’s economic data could be ‘hugely bullish’ for stocks
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Friday’s monthly jobs report, along with a slew of other economic data scheduled for release this week, will likely push the stock market higher if it surprises to the upside. That’s because any evidence that the Fed is cutting interest rates amid an ideal backdrop of continued economic growth, a…
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Stellantis recalls 194,000 Jeep plug-in hybrids over fire risks By Reuters
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WASHINGTON (Reuters) – Stellantis (NYSE:) said on Monday it was recalling 194,000 Jeep hybrid electric SUVs to address fire risks after 13 fires were reported, and asked owners to park their vehicles outside and away from other vehicles until repairs to the recall are completed. . . The Italian-American automaker…
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FTX сreditors reveal compensation details: What’s wrong with it?
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Users were confused by the news that FTX clients would receive between 10% and 25% of the value of their deposited cryptocurrency assets. Why did this happen? Sunil Kavori, one of the creditors, recently said that several other changes are also scheduled to be made in the reorganization plan. One…
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FTX сreditors reveal compensation details: What’s wrong with it?
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Users were confused by the news that FTX clients would receive between 10% and 25% of the value of their deposited cryptocurrency assets. Why did this happen? Sunil Kavori, one of the creditors, recently said that several other changes are also scheduled to be made in the reorganization plan. One…
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Tesla managers in Germany visit the homes of sick workers
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Managers at Tesla’s Grünheide factory in Germany Visit homes of workers on sick leave – but don’t expect them to bring you chicken soup and orange juice. The manager of Tesla’s Gigafactory in Berlin-Brandenburg sent managers to check on about 30 sick employees, according to the German news outlet Handelsblatt.…
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USD moving higher as Powell taps the brakes on cuts
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The Fed chairman hit the brakes after saying that if all goes as planned, there will be two more cuts in 2024. Expectations for a 50 basis point cut fell to 36%. At one point last week, the forecast was around 60%. USDJPY: USDJPY rose to test and move above…
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Bitcoin STHs Supply Decreases By 1.31M BTC – A Sign Of Growing Confidence?
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Bitcoin has remained above $60,000 over the past two weeks, maintaining its strength as the broader cryptocurrency market swells. This consistent performance fuels optimism among traders and investors alike. According to key data from CryptoQuant, short-term Bitcoin holders are now selling to make a profit, leading to a noticeable decrease…
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Bitcoin STHs Supply Decreases By 1.31M BTC – A Sign Of Growing Confidence?
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Bitcoin has remained above $60,000 over the past two weeks, maintaining its strength as the broader cryptocurrency market swells. This consistent performance fuels optimism among traders and investors alike. According to key data from CryptoQuant, short-term Bitcoin holders are now selling to make a profit, leading to a noticeable decrease…
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Kenya races to relax rule on cheaper night tariff for factories
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The Department of Energy will accelerate the review of rules on cheap overnight energy costs ahead of the proposed opening of electricity transmission and distribution to the private sector early next year. Cabinet Minister for Energy, Opio Wandaye, said the government is racing against time to ease conditions that have…
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California enacts car data privacy law to curb domestic violence By Reuters
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Written by Dan Levin and Christina Cook (Reuters) – California Governor Gavin Newsom signed a bill requiring automakers that sell connected cars to do more to protect survivors of domestic violence, a move that could expand those safeguards across the country. As automakers add ever more sophisticated technology to their…
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Inside Lebanon’s Currency Crisis: How Hyperinflation Feels
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Lebanon is back in the news as conflict intensifies in the Middle East. Before these latest developments, Lebanon had already become a symbol of how quickly a seemingly stable society can slide into chaos. If you follow major events in the global economy, you may remember that Lebanon’s recent past…
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Inside Lebanon’s Currency Crisis: How Hyperinflation Feels
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Lebanon is back in the news as conflict intensifies in the Middle East. Before these latest developments, Lebanon had already become a symbol of how quickly a seemingly stable society can slide into chaos. If you follow major events in the global economy, you may remember that Lebanon’s recent past…
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Revised 2023 UK economic growth figures show significant improvement, but challenges remain
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The UK economy expanded at a much faster rate than originally expected in 2023, according to revised data from the Office for National Statistics (ONS). Updated figures show the economy grew by 0.3% last year, three times the previously reported growth of 0.1%. This upward adjustment comes after collecting more…