Author: Investor Empires
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NZDUSD Technical Analysis – We are testing a key trendline
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Basic Overview Yesterday, we got the US ISM Manufacturing PMI, and although the headline number came in below expectations, the report was better than the previous month. The bad news was that new orders continued to fall to a contractionary level, which is an indicator of demand and is generally…
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NZDUSD Technical Analysis – We are testing a key trendline
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Basic Overview Yesterday, we got the US ISM Manufacturing PMI, and although the headline number came in below expectations, the report was better than the previous month. The bad news was that new orders continued to fall to a contractionary level, which is an indicator of demand and is generally…
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Why The DNC Doesn’t Care About Bitcoin
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Two weeks ago I attended the Democratic National Convention. The main reason I did so was to try to encourage impartiality in our coverage of politics regarding the election and Bitcoin here at Bitcoin Magazine. Earlier this year we were invited to the Republican National Convention at the last minute,…
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Billionaires Are Selling Them and Scooping Up Shares of 2 Artificial Intelligence (AI) Stock-Split Stocks Instead
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Since the advent of the Internet in the mid-1990s, investors have always found a new innovation, technology, or trend that catches their attention. However, no market has emerged more targetable since the advent of the Internet than the current surge in stock prices. artificial intelligence. What makes AI so special…
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Wedbush says tech bull thesis unchanged after September selloff By Investing.com
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Investing.com — Tech stocks have been under pressure as markets reopen following the Labor Day holiday. However, analysts at Wedbush remain unfazed by the recent selloff, saying their “bullish thesis for the tech sector remains unchanged.” “As we take note of the uncertain economic/jobs data and preparations for the November…
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Critical Bitcoin Indicator: Analyst Foresees Major 75% Correction Ahead
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Bitcoin price failed to break out of its current downtrend after losing the $60,000 level this week, trading as low as $57,790 on Tuesday. However, one indicator points to further price corrections for the largest cryptocurrency in the market that could push the coin below its current levels. Bitcoin faces…
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EABL to spend Sh426m on full buyout of Ugandan subsidiary
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Listed brewer EABL is set to spend Sh426 million to buy out minority shareholders in its subsidiary Uganda Breweries Limited (UBL) through a takeover bid that opened on Tuesday. EABL, which owns a 98.19 percent stake in the Ugandan beer company, said in a filing on Tuesday it would seek…
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Safe-haven yen gains, Aussie wobbles as edgy markets face US jobs test By Reuters
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By Kevin Buckland TOKYO (Reuters) – The safe-haven Japanese yen rose on Wednesday while riskier currencies such as the Australian dollar and the British pound fell as traders rushed to take on risk after the worst sell-off in nearly a month on Wall Street and heavy losses in Asian shares.…
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Bitcoin Price Drops As Stocks Lose $1 Trillion In Market Value
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The past trading session saw a turbulent turn of events in financial markets, with the global equity landscape losing more than $1 trillion in market value. The stunning decline was largely driven by massive sell-offs in large-cap technology stocks, including industry giants like Nvidia (NVDA), which alone lost $360 billion…
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Bitcoin Price Drops As Stocks Lose $1 Trillion In Market Value
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The past trading session saw a turbulent turn of events in financial markets, with the global equity landscape losing more than $1 trillion in market value. The stunning decline was largely driven by massive sell-offs in large-cap technology stocks, including industry giants like Nvidia (NVDA), which alone lost $360 billion…
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Business confidence wanes amid fears of energy tax hikes
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The UK Offshore Energy Authority has warned that a windfall tax increase on UK oil and gas companies could undermine the government’s goal of boosting economic growth. The group warned that the planned tax increase could depress investment, costing the UK economy £13bn between 2025 and 2029 and putting 35,000…
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Chart Art: Potential Resistance-Turned-Support Area For Gold (XAU/USD)
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Spot gold appears ready to extend the uptrend with long wicks emerging near the previous resistance area. In case you missed it, risk aversion was the name of the game yesterday as traders fretted over global growth and the possibility that the Federal Reserve would need to cut interest rates…
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Bitcoin wallet linked to Terraform’s Do Kwon moved $62m
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Amid the ongoing liquidation of Terraform Labs and an extradition battle involving its founder Do Kwon, a wallet linked to both entities has successfully moved $62.8 million worth of Bitcoin. According to data from Arkham, the address associated with embattled blockchain company Terraform Labs and its arrested founder, Do Kwon,…
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Bitcoin wallet linked to Terraform’s Do Kwon moved $62m
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Amid the ongoing liquidation of Terraform Labs and an extradition battle involving its founder Do Kwon, a wallet linked to both entities has successfully moved $62.8 million worth of Bitcoin. According to data from Arkham, the address associated with embattled blockchain company Terraform Labs and its arrested founder, Do Kwon,…
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Eurostoxx futures -1.2% in early European trading
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks 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…
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Tron Users Reaches Consensus On SunPump Protocol Revenue Distribution
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As the Tron ecosystem continues to experience massive adoption, the community has successfully reached deal About the Sun Pump Protocol Revenue Allocation Strategy Presented by the Project Founder Justin Sun. This agreement represents a major turning point for the TRON network as community members agree on how the generated funds…
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Tron Users Reaches Consensus On SunPump Protocol Revenue Distribution
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As the Tron ecosystem continues to experience massive adoption, the community has successfully reached deal About the Sun Pump Protocol Revenue Allocation Strategy Presented by the Project Founder Justin Sun. This agreement represents a major turning point for the TRON network as community members agree on how the generated funds…
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Menora Mivtachim renews pursuit of Isracard
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Israeli insurance and finance company Menora Mivtachim Holdings Ltd. (level: Paved) renewed its efforts to buy a controlling stake in the credit card company. Isracard (TASE: ISCD). Last Thursday, Menora Mivtachim wrote a letter to Isracard Chairman Tamar Yasur and CEO Ran Oz offering to begin negotiations to invest in…
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Nvidia suffers record $279 billion loss in market value as Wall St drops By Reuters
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By Noel Randwick and Susan McGee (Reuters) – Shares of artificial intelligence giant Nvidia Corp (NASDAQ:NVD) plunged 9.5 percent on Tuesday, the deepest one-day drop ever in the market value of a U.S. company, as investors tempered their optimism about artificial intelligence in a broad market sell-off following tepid economic…
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Privacy and Pain: Craig Raw, Creator Of Sparrow Wallet, On Self-Custody
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This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. When Craig Raw talks, you listen. His deep voice has a gravity to it, bolstering the urgency of the points he makes. It’s like that voice in the back of your head that you hear…