Author: Investor Empires
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UniCredit buys Commerzbank stake from German government (Pink Current Info:CRZBF)
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ollo/iStock Not published via Getty Images Italy’s UniCredit (OTCPK:UNCFF) (OTCPK:UNCRY) has bought a 9% stake in Germany’s Commerzbank (OTCPK:CRZBF) (OTCPK:CRZBY), a move that has sparked speculation about a potential merger in the banking sector. the acquisition Includes 4.49% purchased from the German government and the remaining shares acquired. The market.…
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Ethereum Whales Increase Supply Share, Now Control 43% Of All ETH
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On-chain data shows that Ethereum whales have continued to accumulate more cryptocurrency as their share of the supply rises. Ethereum whales now own about 43% of the total supply. In new mail On X, market intelligence platform IntoTheBlock shared an update on how Ethereum supply concentration looks at the major…
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Ethereum Whales Increase Supply Share, Now Control 43% Of All ETH
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On-chain data shows that Ethereum whales have continued to accumulate more cryptocurrency as their share of the supply rises. Ethereum whales now own about 43% of the total supply. In new mail On X, market intelligence platform IntoTheBlock shared an update on how Ethereum supply concentration looks at the major…
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Taylor Swift endorses Kamala Harris in 2024 presidential race
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Taylor Swift has officially announced her endorsement for the 2024 presidential election, expressing her support for Democratic Vice President Kamala Harris. Swift made the announcement in an Instagram post moments after the first, and perhaps only, presidential debate between Harris and Trump ended on Tuesday night. “I will be voting…
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Daily Broad Market Recap – September 10, 2024
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With not much new catalyst to consider, markets are starting to position themselves ahead of expected data releases on Wednesday and Thursday. What headlines moved the major assets anyway? We discuss the most important market drivers on Tuesday: Headlines: Westpac: Australian Consumer Sentiment The consumer price index fell 0.5% from…
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Is Bitcoin Heading For A Bear Market? Analysts Weigh In On The Price Struggles
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This article is also available in Spanish. Bitcoin’s market performance has been disappointing since peaking above $73,000 in March 2024. Instead of building on that rally, the leading cryptocurrency has faced a continued consolidation process alongside a series of declines, frustrating many investors. Bitcoin is currently down 22.7% from its…
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Is Bitcoin Heading For A Bear Market? Analysts Weigh In On The Price Struggles
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This article is also available in Spanish. Bitcoin’s market performance has been disappointing since peaking above $73,000 in March 2024. Instead of building on that rally, the leading cryptocurrency has faced a continued consolidation process alongside a series of declines, frustrating many investors. Bitcoin is currently down 22.7% from its…
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NGO wants Sh100m locked for constituency irrigation projects
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An NGO has petitioned Parliament to allocate Sh100 million for irrigation projects in 290 constituencies. Shining Hope Communities Organisation (Shofco) seeks amendments to the Irrigation Act (No. 14 of 2019), the Kenya Roads Board Act (No. 7 of 1999), the Road Maintenance Levy Fund Act (No. 9 of 1993) and…
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A light one on the data docket in European trading today
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The bond market is in the driver’s seat and traders don’t seem to want to wait for the Fed next week. The 10-year Treasury yield is now at its lowest since June of last year and the 2-year yield is threatening to go even higher on the charts now: Monthly…
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ENS Labs partners with PayPal, Venmo to enable ENS name transactions
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ENS Labs, the company behind the ENS Protocol, has partnered with traditional payment providers PayPal and Venmo to simplify cryptocurrency transfers. The collaboration will allow users to send digital assets using Ethereum Name Service (ENS) names. This integration aims to reduce the risk of errors often associated with traditional wallet…
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£150,000 available to support North-West entrepreneurs from disadvantaged backgrounds
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Emerging entrepreneurs from disadvantaged backgrounds in the North West of England have the opportunity to secure £150,000 in funding, advertising and resource support through the Havas Boost programme, launched by Havas Media Network UK. This initiative aims to empower business owners outside London by providing vital financial and strategic support…
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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.38% By Investing.com
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Investing.com – Taiwan stocks were lower after the close on Wednesday, as losses in the Industrials and Services sectors led shares lower. At the close in Taiwan, the STOXX 500 index fell 0.38% to its lowest level in a month. The session’s top performer was Meiloon Industrial Co Ltd (TW:),…
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Ex-Alameda Research CEO Caroline Ellison’s Sentencing Hearing Scheduled For Sept. 24
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As revealed in a recent court filing, Caroline Ellison, the former CEO of Alameda Research, is preparing for a sentencing hearing two years after the collapse of the FTX exchange, which was once run by her former partner, Sam Bankman Fried. However, the filing reveals that Ellison asked permission to…
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Taylor Swift Endorses Harris for President After Debate
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Breadcrumbs Path Links PMN Business Taylor Swift endorsed Kamala Harris on Tuesday evening, minutes after the Democratic presidential candidate concluded her first debate against Republican rival Donald Trump. Article author: Bloomberg News Jennifer Epstein and Akayla Gardner Published on September 11, 2024 • Read for 4 minutes You can save…
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Asia FX firms, yen at 8-mth peak as dollar retreats after presidential debate By Investing.com
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Most Asian currencies rose on Wednesday as the dollar weakened in the wake of a heated U.S. presidential debate, with focus shifting to key inflation data due later in the day. The Japanese yen was among the biggest beneficiaries of the trade, with safe-haven demand after the discussion sending the…
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XRP Price Slips But Will The 100-SMA Ignite A Comeback?
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Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
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XRP Price Slips But Will The 100-SMA Ignite A Comeback?
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Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
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Mortgage taking remained high in August
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Israel’s mortgage market remained strong last month as homebuyers took out mortgages totaling NIS 8.4 billion in August, the Bank of Israel reported. Mortgage takings last month were down 7% from July when more than NIS 9 billion in mortgages were taken out but were 20% higher than August 2023.…
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Chart Art: Gold (XAU/USD) Still Stuck in a Range!
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Gold has risen to record highs over the past few days, but it appears to be struggling to break out of consolidation. Check out these turning points I’m watching! Gold (XAU/USD) Forex 1 Hour Chart by TradingView All this talk about the size of the Fed’s potential rate cut in…