Author: Investor Empires
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Will The Market Ever Reach Those Heights Again?
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The cryptocurrency market experienced a massive surge between March 2020 and November 2021, with Bitcoin and altcoins reaching unprecedented highs. During this period, Bitcoin’s value rose by more than 2,600%, while several altcoins such as Solana (SOL), Fantom (FTM), Avalanche (AVAX), and Terra (LUNA) recorded gains of 500x or more.…
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Moscow court orders arrest of Russian-Israeli businessman
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Moscow’s Meshchansky District Court on Tuesday issued an arrest warrant for Russian-Israeli Oleg Kiselev, who between 2008 and 2019 was vice president of Rusnano, a Russian state-owned nanotechnology company. Kiselev, who is not in Russia, faces charges of “embezzlement of particularly large sums of money,” which prompted Russia to issue…
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Elon Musk, Tesla win dismissal of lawsuit claiming they rigged dogecoin By Reuters
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By Jonathan Stempel NEW YORK (Reuters) – Elon Musk and his electric car company Tesla Inc won a federal lawsuit on Tuesday that accused them of defrauding investors by promoting the cryptocurrency Dogecoin and conducting insider trading that caused billions of dollars in losses. U.S. District Judge Alvin Hellerstein in…
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Solo Bitcoin Miner Earns $199,098 After Successfully Mining Block
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A Bitcoin miner made headlines after successfully mining block number 858,978 on the Bitcoin blockchain, earning a reward of 3,275 Bitcoin, worth $199,098 at the time. The block, mined earlier today, contained 2,391 transactions, according to blockchain. Data. BREAKING: A solo miner just mined a block worth 3.275 #Bitcoin Worth…
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TA of the Day: Is the Uptrend in GBP/USD Over?
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sterling The pound has reached its highest level against the US dollar in about two and a half years, and is also performing well against the euro. The rise in the pound is largely driven by speculative bets on interest rates based on expectations that the Bank of England will…
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Ulta Beauty reports disappointing earnings after Warren Buffett’s Berkshire Hathaway takes stake
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Ulta Beauty’s (ULTA) glow-up period may have come to an end. The cosmetics retailer reported second-quarter results Thursday after the market closed that missed expectations across the board. Revenue came in at $2.55 billion, compared with an expected $2.62 billion. Earnings per share of $5.30 also fell short of the…
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Forexlive Americas FX news wrap: US second quarter GDP gets an upgrade but USD gains fade
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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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Soneium integrates Transak to accelerate global onboarding
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Transak, a Web3 payments company, is partnering with Soneium to bring more mainstream users to its recently launched blockchain network. According to a press release shared with crypto.news, Transak will help Soneium integrate key users who want to leverage the Ethereum (ETH) layer 2 platform’s web3 infrastructure and services. Transak,…
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KCB sheds 362 jobs in voluntary early exit
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KCB Group saw 362 of its employees accept the voluntary early retirement offer last year after the bank opened the programme at the request of its employees. Most of the voluntary exits were in the Kenyan operations, where 211 employees accepted the offer, including 100 employees at the bank’s subsidiary…
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Vow ASA outlines solid growth and new contracts By Investing.com
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In a recent earnings call, Vow ASA (VOW) CEO Henrik Badin and CFO Tina Tonnessen discussed the company’s financial health and strategic developments. They announced a new bank agreement that secures stability, reported improved margins, and confirmed a strong order backlog across three main business areas. Vow ASA is also…
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Vow ASA outlines solid growth and new contracts By Investing.com
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In a recent earnings call, Vow ASA (VOW) CEO Henrik Badin and CFO Tina Tonnessen discussed the company’s financial health and strategic developments. They announced a new bank agreement that secures stability, reported improved margins, and confirmed a strong order backlog across three main business areas. Vow ASA is also…
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Spot Ethereum ETFs Breaks Nearly Two Weeks Downtrend With Positive Inflow, Price Spike Imminent?
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EthereumEthereum, the second-largest crypto asset, is currently in the spotlight as crypto investors have recently shown renewed interest in historic Ethereum exchange-traded funds (ETFs). Millions of dollars were seen flowing into the products after the market closed on Wednesday. Inflow is considered a bullish indicator for Ethereumindicating that despite recent…
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Rocco Forte plans five new hotels as Saudis invest £1.4bn in luxury chain
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Sir Rocco Forte is set to develop five new luxury hotels in Europe after Saudi Arabia’s Public Investment Fund acquired a 49% stake in Rocco Forte Hotels, valuing the company at £1.4bn. The investment has boosted the hotel group’s expansion ambitions, but has also impacted the profitability of the wider…
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Asia FX drifts higher as dollar rebound cools ahead of GDP, inflation data By Investing.com
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Most Asian currencies rose on Thursday, albeit slightly, as the dollar’s recovery stalled ahead of key economic readings likely to weigh on expectations of interest rate cuts. Regional currencies came under renewed pressure this week as the dollar recovered from 13-month lows, amid growing speculation about how far the US…
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Asia FX drifts higher as dollar rebound cools ahead of GDP, inflation data By Investing.com
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Most Asian currencies rose on Thursday, albeit slightly, as the dollar’s recovery stalled ahead of key economic readings likely to weigh on expectations of interest rate cuts. Regional currencies came under renewed pressure this week as the dollar recovered from 13-month lows, amid growing speculation about how far the US…
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Proton Wallet Review: A Bitcoin Software Wallet That Simplifies Transactions
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ProtonProtonMail, the Swiss company behind ProtonMail and ProtonVPN, has launched a beta version of its latest offering in its suite of products that help maintain online privacy — Proton Wallet. The wallet is great for those looking to send Bitcoin on-chain with relative ease, but leaves a bit to be…
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Gold climbs to the highs of the day, nears new record
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gold 10 minutes The daily chart of gold has had a nice turnaround. It dropped about $15 after a round of USD buying on the back of good GDP data, but has since regained all that and more. The bids came in just before $2,500, and now the price is…