Author: Investor Empires

  • yuan boosted by China stimulus cheer, Aussie rises before RBA By Investing.com

    Most Asian currencies rose on Tuesday as China’s yuan was supported by Beijing’s announcement of more stimulus measures, while the Australian dollar rose in anticipation of hawkish signals from the Reserve Bank. The weakness in the US dollar helped regional markets, as the greenback remained weak after the Federal Reserve…

  • SEC charges TrustToken and TrueCoin over stablecoin fraud

    The US Securities and Exchange Commission has charged two crypto companies linked to the TUSD stablecoin with securities violations. TrueCoin and TrustToken stable The U.S. Securities and Exchange Commission has filed a lawsuit against TrustToken, accusing it of making unregistered offers and selling investment contracts between November 2020 and April…

  • SEC charges TrustToken and TrueCoin over stablecoin fraud

    The US Securities and Exchange Commission has charged two crypto companies linked to the TUSD stablecoin with securities violations. TrueCoin and TrustToken stable The U.S. Securities and Exchange Commission has filed a lawsuit against TrustToken, accusing it of making unregistered offers and selling investment contracts between November 2020 and April…

  • A tearful Caroline Ellison is sentenced to two years in prison for her part in the FTX collapse: ‘I’m sorry I wasn’t brave’

    On Tuesday, former FTX CEO Caroline Ellison stood on a podium on the 21st floor of a Manhattan courthouse, her voice cracking as she asked the judge to reduce her sentence. Her parents and two younger sisters watched as she addressed the court. “My mind can’t even comprehend the pain…

  • Oil survey of inventory shows huge headline crude oil draw, much greater than expected

    Via oil price dot com on Twitter: — The predictions I saw focused on: Main crude oil -1.4 million barrels Distillates -1.1 million barrels Gasoline -0.02 million — This data point is taken from a special survey conducted by the American Petroleum Institute (API). It is a survey of oil…

  • Bitcoin Stalls Below $65,000 Despite Sellers Losing Momentum: What’s Going On?

    Bitcoin is still strong, up about 30% from a low of $49,000 in early August. With bulls gaining strength and fundamentals swinging in favor of the world’s most valuable cryptocurrency, prices are holding below $65,000. Looking at the daily chart, this reaction level coincides with the August highs. Technically, if…

  • Bitcoin Stalls Below $65,000 Despite Sellers Losing Momentum: What’s Going On?

    Bitcoin is still strong, up about 30% from a low of $49,000 in early August. With bulls gaining strength and fundamentals swinging in favor of the world’s most valuable cryptocurrency, prices are holding below $65,000. Looking at the daily chart, this reaction level coincides with the August highs. Technically, if…

  • President Ruto backs Starlink rivalry with Safaricom

    Kenyan President William Ruto has backed US billionaire Elon Musk’s Starlink venture into Kenya amid a plea from Safaricom to reconsider licensing satellite internet providers. Dr Ruto said at a US-Kenya Business and Investment Roundtable that Starlink’s entry is in line with the government’s policy of deepening internet penetration and…

  • Saba Capital Management buys BlackRock innovation & growth shares worth $892k By Investing.com

    Saba Capital Management, LP, a major shareholder in BlackRock (NYSE:) Innovation & Growth Term Trust (NYSE:BIGZ), recently increased its stake in the company by purchasing shares for an approximate value of $892,781. The transaction occurred on September 23, 2024, and involved the acquisition of 118,879 shares at a price of…

  • Building LNbits — the WordPress for Your Bitcoin Lightning Node — With Ben Arc

    Company Name: Ln Bates Founders: Ben Ark Date of establishment: Project: 2019 | Company: 2022 Headquarter Location: Fully remote working (most developers are based in Europe) Amount of Bitcoin in the vault: Not available Number of employees: 6 (+ “dozens of other developers”) Website: https://lnbits.com/ Public or private? private Five…

  • Pound set to reach highest level against US dollar since 2021, says Goldman Sachs

    Goldman Sachs expects the pound to rise to its highest level against the US dollar in more than three years, supported by strong economic growth in the UK and a gradual reduction in interest rates by the Bank of England. The US investment bank expects the pound to reach $1.40…

  • What does a dovish Fed mean for Asia FX? Goldman Sachs answers By Investing.com

    Goldman Sachs said the U.S. Federal Reserve’s first rate cut in more than four years has eased market fears of a recession, with improved risk appetite likely to boost interest-rate-sensitive Asian currencies. GS said in a recent note that it expects many emerging market currencies in Asia to outperform, while…

  • Crypto Experts Unveil Predictions For The Price

    Scott Matherson is a senior crypto writer at NewsBTC who has a knack for taking the pulse of the market and covering pivotal shifts, technological advances, and regulatory changes with precision. Having witnessed the evolving crypto landscape firsthand, Scott is able to analyze complex crypto topics and present them in…

  • Crypto Experts Unveil Predictions For The Price

    Scott Matherson is a senior crypto writer at NewsBTC who has a knack for taking the pulse of the market and covering pivotal shifts, technological advances, and regulatory changes with precision. Having witnessed the evolving crypto landscape firsthand, Scott is able to analyze complex crypto topics and present them in…

  • Reserve Bank of Australia Holds the Cash Rate at 4.35%

    The Reserve Bank of Australia today left its cash rate target unchanged at 4.35%, sticking to its hawkish stance on inflation while acknowledging economic uncertainty. The decision was widely expected by market participants, as explained and forecasted in Babypips.com’s event guide. Key points from the RBA statement: Inflation remains above…

  • Sui Blockchain: Revolutionizing Web3 Ecosystem, Guide

    The Sui blockchain has emerged as a significant player in the Layer-1 blockchain landscape, offering innovative solutions to address scalability and performance challenges. Developed by Mysten Labs, the sui protocol aims to revolutionize the Web3 ecosystem by providing high throughput and enhanced efficiency for decentralized applications. This novel approach to…

  • Sui Blockchain: Revolutionizing Web3 Ecosystem, Guide

    The Sui blockchain has emerged as a significant player in the Layer-1 blockchain landscape, offering innovative solutions to address scalability and performance challenges. Developed by Mysten Labs, the sui protocol aims to revolutionize the Web3 ecosystem by providing high throughput and enhanced efficiency for decentralized applications. This novel approach to…

  • Leviathan partners sign $150m Haifa Group gas deal

    The partners in Israel’s Leviathan offshore gas field – NewMed Energy (TASE: NWMD) (45.34%), Chevron Mediterranean (39.6%), and Ratio Energies (TASE: RATI-L) – announced the signing of an agreement to supply the Haifa Group with 0.75 billion cubic meters of gas over seven years. The deal is worth $150 million.…

  • AUDUSD buyers take the price of the pair to highest level since July 2024

    The AUDUSD pair is moving higher today. The Reserve Bank of Australia kept interest rates unchanged: The Reserve Bank of Australia (RBA) was the latest central bank to announce its policy target when it left the cash rate unchanged at 4.35% in September 2024, as expected. The central bank noted…

  • Intel Markets soars with $1m Quantum AI research grant as XRP, LINK sinks

    Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Ripple’s never-ending drama takes a new turn, Chainlink sparks outflows after token unlock, Intel Markets gains attention. The cryptocurrency market is a high-stakes game, and the stakes have never been…