Author: Investor Empires
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Can ADA Price Catch Up?
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This article is also available in Spanish. Cardano is showing mixed signals on technical indicators, not to mention on-chain data. Despite bullish trends in metrics, ADA has failed to gain significant price momentum. At the time of writing, ADA Bitcoin is trading at around $0.34, having seen a slight decline…
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Government targets large firms in crackdown on late payments to small businesses
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The UK government is set to introduce new measures aimed at tackling the problem of late payments by large companies to small businesses, which contributes to the collapse of 50,000 small and medium-sized businesses every year. On average, late payments cost small businesses £22,000 a year, according to research by…
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US easing cycle to weaken dollar, help euro to rise: UBS By Investing.com
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The U.S. Federal Reserve’s monetary easing cycle that began on Wednesday should weaken the U.S. dollar and thus help the euro rise, UBS strategists said in a note. The Federal Reserve began its easing cycle by cutting interest rates by 50 basis points at its September meeting, and is expected…
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Decentraland’s X account hacked, scammers push fake MANA airdrop
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The X account of virtual reality-focused project Decentraland was hacked earlier today to promote phishing links. According to a PeckSheild alert, crypto scammers took over the Decentraland X account on September 19 to promote a fake airdrop of its native token MANA, which eventually turned into a phishing campaign targeting…
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Dollar bounces after Fed-inspired losses; sterling gains ahead of BoE By Investing.com
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The U.S. dollar rose slightly on Thursday, recovering from its lowest level in more than a year after the Federal Reserve announced a large interest rate cut, while sterling rose ahead of the Bank of England’s latest policy meeting. At 04:25 ET (08:25 GMT), the dollar index, which tracks the…
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Former Coinbase Execs Debuts Stablecoin-Driven Crypto Exchange—Details
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Two former Coinbase executives, Vishal Gupta and Patrick McCreary, have announced the launch of TrueX. The new cryptocurrency exchange will focus on stablecoins, using PayPal Holdings Inc.’s PYUSD as its “token of choice for transactions.” according to Bloomberg a reportTrueX primarily aims to serve the needs of institutional investors in…
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Former Coinbase Execs Debuts Stablecoin-Driven Crypto Exchange—Details
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Two former Coinbase executives, Vishal Gupta and Patrick McCreary, have announced the launch of TrueX. The new cryptocurrency exchange will focus on stablecoins, using PayPal Holdings Inc.’s PYUSD as its “token of choice for transactions.” according to Bloomberg a reportTrueX primarily aims to serve the needs of institutional investors in…
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ILA opens tenders for 4,600 Sde Dov homes
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Two weeks after the Israel Land Authority published tenders for the construction of 7,100 housing units in the Sde Dov area of Tel Aviv, three tenders were opened yesterday for developers to build 4,613 housing units. Two of the tenders are located in the central part of Sde Dov and…
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Australia’s August Labor Market Data Shows Strength Despite High Interest Rates
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Data from the Australian Bureau of Statistics reflects the resilience of the Australian labour market in a high interest rate environment. The economy added a net 47.5K jobs in August, above the expected gain of 28.0K and slightly below the downwardly revised gain of 48.9K in July. The gains came…
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Fractal Bitcoin: A Misleading Affinity
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Fractal Bitcoin is a recently launched project that describes itself as “the only native solution for scaling that is fully and instantly compatible with Bitcoin.” Essentially, it’s a built-in mining system that portrays itself as a second-layer sidechain for Bitcoin, where multiple levels of “sidechains” can be stacked on top…
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Fractal Bitcoin: A Misleading Affinity
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Fractal Bitcoin is a recently launched project that describes itself as “the only native solution for scaling that is fully and instantly compatible with Bitcoin.” Essentially, it’s a built-in mining system that portrays itself as a second-layer sidechain for Bitcoin, where multiple levels of “sidechains” can be stacked on top…
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Abbott Labs stock ‘attractive entry’ amid NEC litigation overhang
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On Thursday, Piper Sandler began covering Abbott Laboratories (NYSE:NYSE:) stock, assigning an Overweight rating and a $131 price target. The company highlighted the company’s strong performance, but noted that the stock has underperformed year-to-date, largely due to ongoing litigation related to necrotizing enterocolitis (NEC). However, the company believes that the…
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5000+ Forex Companies Attending Forex Expo Dubai 2024
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The largest gathering of over 20,000 visitors and over 200 exhibitors, making it one of the largest exhibitions in the world, with just two weeks to go until the event kicks off, the excitement is building. Forex Expo Dubai 2024 will bring together top industry leaders, renowned guest speakers and…
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Bitcoin Exchange On The Horizon For Europe’s 3rd Biggest Stock Exchange
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This article is also available in Spanish. According to the Financial Times, the Swiss Stock Exchange SIX, Europe’s third-largest stock exchange, is considering launching a new Bitcoin and cryptocurrency exchange in the country, with the aim of positioning itself to compete with exchanges such as Binance, OKX and Coinbase. SIX…
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Bitcoin Exchange On The Horizon For Europe’s 3rd Biggest Stock Exchange
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This article is also available in Spanish. According to the Financial Times, the Swiss Stock Exchange SIX, Europe’s third-largest stock exchange, is considering launching a new Bitcoin and cryptocurrency exchange in the country, with the aim of positioning itself to compete with exchanges such as Binance, OKX and Coinbase. SIX…
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Bitcoin Climbs With US Equity Futures as Traders Digest Fed Cut
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(Bloomberg) — Bitcoin hit a three-week high alongside a jump in U.S. stock futures as a sharp interest rate cut by the Federal Reserve rattled markets. Most Read from Bloomberg The digital currency rose about 3.9% before trading at $61,900 as of 7:11 a.m. Thursday in London. S&P 500 futures…
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Vietnam’s top leader Lam to visit US, Cuba next week By Reuters
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HANOI (Reuters) – Vietnamese President and ruling Communist Party chief To Lam will pay a working visit to the United States next week and attend the 79th session of the United Nations General Assembly in New York, a government statement said. Lam will then pay an official visit to Cuba,…
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$200m in crypto liquidated following 50bps Fed rate cut
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The cryptocurrency market has seen impressive bullish momentum following the long-awaited interest rate cut by the US Federal Reserve, which has led to increased liquidation. According to data provided by Coinglass, total crypto liquidations have increased by 46% over the past day, reaching nearly $200 million. Most of the liquidated…
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$200m in crypto liquidated following 50bps Fed rate cut
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The cryptocurrency market has seen impressive bullish momentum following the long-awaited interest rate cut by the US Federal Reserve, which has led to increased liquidation. According to data provided by Coinglass, total crypto liquidations have increased by 46% over the past day, reaching nearly $200 million. Most of the liquidated…
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Cathay Pacific Airbus defect risked ‘extensive damage’: HK probe
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A faulty engine on an Airbus A350 that led to the cancellation of dozens of Cathay Pacific flights in early September may have led to “serious damage,” according to the results of a Hong Kong investigation published on Thursday. Hong Kong-based Cathay Airlines has briefly grounded its fleet of Airbus…