Author: Investor Empires
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The Impact of Institutional Investors on Bitcoin
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For years, Bitcoin enthusiasts have been anticipating a major shift in value due to the involvement of institutional investors. The concept was simple: with large corporations and financial entities investing in Bitcoin, the market would experience massive growth and a sustained period of rising prices. However, the actual outcome was…
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Vivo Energy half-year sales drop by Sh2bn amid record fuel prices
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Vivo Energy’s revenue in the Kenyan market fell by $16 million (Sh2.06 billion) in the first half of 2024, as record high fuel prices hit demand. The multinational said its Kenyan unit generated revenue of $769 million (Sh99.16 billion) during the six months, compared to $785 million (Sh101.22 billion) a…
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U.S. Core PCE Prices Held Steady in July as Consumer Spending Rises
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The latest US economic data suggests that inflation will remain stable in July 2024, while consumer spending will increase, according to figures released today by the Bureau of Economic Analysis (BEA). The core personal consumption expenditures (PCE) price index, a key inflation gauge closely watched by the Federal Reserve, rose…
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Will Shorts Be Rekt This Time?
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Data shows that the Bitcoin open interest rate on exchanges is trending up while the funding rate has recently turned negative. Bitcoin’s open interest trend points to speculators returning As CryptoQuant Community Manager Maartunn points out in a new article, mail In X, things seem to be heating up on…
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Will Shorts Be Rekt This Time?
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Data shows that the Bitcoin open interest rate on exchanges is trending up while the funding rate has recently turned negative. Bitcoin’s open interest trend points to speculators returning As CryptoQuant Community Manager Maartunn points out in a new article, mail In X, things seem to be heating up on…
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Unveiling the Truth: Blockchain’s Transparency Revolution
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Blockchain technology, previously primarily associated with cryptocurrencies like Bitcoin, has evolved into a transformative force with far-reaching implications across various sectors. At its core, blockchain is a decentralized, distributed system that records transactions securely, transparently, and immutably. This revolutionary technology promises to reshape how we interact with businesses, organizations, and…
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US August UMich final consumer sentiment 67.9 vs 68.0 expected
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The initial score was 67.8. It was previously 66.4 Current conditions 61.3 vs. 60.9 in initial test (62.7 in previous test) Expectations 72.1 vs 72.1 in the preliminary test (68.8 in the previous test) Inflation over one year 2.8% vs. 2.9% initially Inflation over 5 years 3.0% vs. 3.0% initially…
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Shiba Inu (SHIB) Now Accepted As Collateral On Kraken Exchange
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In the rapidly evolving world of cryptocurrencies, the landscape continues to shift, presenting both opportunities and challenges for investors and traders. One recent development that has caught the attention of the cryptocurrency community is the addition of Shiba Inu (SHIB), a popular cryptocurrency and rival to Dogecoin, as a collateral…
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Shiba Inu (SHIB) Now Accepted As Collateral On Kraken Exchange
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In the rapidly evolving world of cryptocurrencies, the landscape continues to shift, presenting both opportunities and challenges for investors and traders. One recent development that has caught the attention of the cryptocurrency community is the addition of Shiba Inu (SHIB), a popular cryptocurrency and rival to Dogecoin, as a collateral…
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XRP and SHIB investors shift to new crypto forecasted as 2024’s top pick
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. XRP and SHIB investors are turning their focus to Rollblock, a new cryptocurrency that has already surged 140% in its presale and is expected to lead the market in 2024.…
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XRP and SHIB investors shift to new crypto forecasted as 2024’s top pick
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. XRP and SHIB investors are turning their focus to Rollblock, a new cryptocurrency that has already surged 140% in its presale and is expected to lead the market in 2024.…
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Defense Ministry to procure 20,000 Israeli-made drones
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The Defense Ministry’s Defense Research and Development Directorate is preparing to issue a multi-million-shekel tender in the coming weeks to purchase 20,000 Israeli-made drones, a source close to the matter told Globes. The companies that win the tender will provide various types of drones, including attack, reconnaissance and intelligence aircraft,…
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Further pressure on the US dollar is likely: UBS By Investing.com
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The US dollar is expected to face increasing downward pressure in the coming months, despite recent support from stronger-than-expected economic data. According to analysts at UBS, the outlook for the US dollar remains bearish, driven by a combination of narrowing interest rate differentials, concerns about the widening US fiscal deficit,…
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Mpeppe’s Meteoric Rise: Playdoge and PEPU Investors Cashing In on 100x Gains
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The world of cryptocurrencies is no stranger to massive rallies, and the latest token to capture the imagination of savvy investors is Mbebe (Mbebe)This newcomer to the decentralized gambling space has been getting a lot of attention, especially from Playdoge (PLAY) and Pepe Unchained (PEPU) investors, who are now taking…
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5 Common Trading Biases You Might Be Unaware Of
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Trading biases can severely impact our ability to read the markets objectively and make good trading decisions. The first step to overcoming these biases is to become fully aware of them. Here are five of the most common biases in Forex trading. What biases are you committing? 1. Recency bias…
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BlackRock’s Bitcoin ETF Saw Outflow For the First Time Since May
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BlackRock’s cryptocurrency exchange-traded fund (ETF), iShares Bitcoin Trust, saw $13.5 million in outflows on Thursday. It was the first outflow for the IBIT fund since May 1. Thursday’s outflow was the second ever for the iShares Bitcoin Trust since its launch in January. The fund has seen steady inflows on…
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BlackRock’s Bitcoin ETF Saw Outflow For the First Time Since May
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BlackRock’s cryptocurrency exchange-traded fund (ETF), iShares Bitcoin Trust, saw $13.5 million in outflows on Thursday. It was the first outflow for the IBIT fund since May 1. Thursday’s outflow was the second ever for the iShares Bitcoin Trust since its launch in January. The fund has seen steady inflows on…
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US futures climb in wait for Fed-favored PCE inflation print
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U.S. stocks rose before the bell on Friday, looking to end a volatile week on a higher note as investors eager for interest rate cuts awaited a key reading of the Federal Reserve’s preferred inflation gauge. Dow Jones Industrial Average futures rose about 0.2%, holding onto their record close from…