Author: Investor Empires
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Dollar drops against yen but broadly stable after last week’s decline By Reuters
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By Kevin Buckland and Sruthi Shankar TOKYO (Reuters) – The dollar fell to a three-week low against the yen on Monday but halted its recent slide against most other currencies as investors assessed the possibility that the U.S. Federal Reserve will soon begin a series of interest rate cuts. The…
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XRP Documentary Feat Ripple CTO Set For November Premiere
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Los Angeles-based Fruition Productions has officially announced the release of a new documentary in November titled “XRP Unleashed.” It has been revealed. The company plans to self-distribute the film through a separate publication on Via X, focusing on a strategic shift away from traditional Hollywood channels that have shown waning…
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XRP Documentary Feat Ripple CTO Set For November Premiere
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Los Angeles-based Fruition Productions has officially announced the release of a new documentary in November titled “XRP Unleashed.” It has been revealed. The company plans to self-distribute the film through a separate publication on Via X, focusing on a strategic shift away from traditional Hollywood channels that have shown waning…
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Canada to Hit China With Tariffs on Electric Vehicles, Steel
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Breadcrumbs Path Links PMN Business Canada plans to impose new tariffs on Chinese-made electric cars, aluminum and steel, in a move to back its Western allies and protect domestic manufacturers. Article author: Bloomberg News Brian Platt Published on August 26, 2024 • Read for 3 minutes You can save this…
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Forexlive European FX news wrap 26 Aug – Libya halts oil production and exports
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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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Hong Kong Bitcoin ETFs Hits HK $2 Billion in AUM
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The three Hong Kong-based bitcoin ETFs have over HK$2 billion (about US$272 million) in assets under management since their launch earlier this year. New: ?? Hong Kong #Bitcoin ETF assets exceeded HK$2 billion in assets under management. China is getting ready ? pic.twitter.com/GQZC1Z5UFC — Bitcoin Magazine (@BitcoinMagazine) August 26, 2024…
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Hong Kong Bitcoin ETFs Hits HK $2 Billion in AUM
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The three Hong Kong-based bitcoin ETFs have over HK$2 billion (about US$272 million) in assets under management since their launch earlier this year. New: ?? Hong Kong #Bitcoin ETF assets exceeded HK$2 billion in assets under management. China is getting ready ? pic.twitter.com/GQZC1Z5UFC — Bitcoin Magazine (@BitcoinMagazine) August 26, 2024…
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Shekel opens week with strong gains
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With inflation rates rising in Israel, the Bank of Israel’s Monetary Committee is not expected to cut interest rates on Wednesday. The shekel exchange rate rose sharply today against the US dollar and the euro. In late morning interbank trading, the shekel-dollar exchange rate fell by 1.25% to NIS 3.658/dollar,…
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Analysts weigh in on implications of NASA’s Starliner decision for Boeing By Investing.com
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NASA’s recent decision to return Boeing’s (NYSE:) Starliner spacecraft to Earth without an astronaut crew has raised concerns about the company’s space program. The two astronauts, who will now return aboard SpaceX’s Dragon capsule, were originally scheduled to return aboard the Starliner. Analysts believe the decision could have major implications…
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FET Explodes 60% After New Project Announcement
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Frozen embryo transfer has been very popular lately and is being promoted as a Prices increased by more than 60% This week, it is outperforming some of the major players in cryptocurrencies such as Bitcoin, Solana, and Tron. Much of this upward momentum comes directly from new announcements Fetch.ai has…
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Militant attacks in Pakistan’s Balochistan kill 39 By Reuters
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Written by Salim Ahmed and Saud Mahsud QUETTA, Pakistan (Reuters) – Separatist militants attacked police stations, railway lines and vehicles on highways in Pakistan’s Balochistan province, killing at least 39 people, officials said on Monday, in the largest attack by ethnic insurgents in years. Militants have waged a decades-long ethnic…
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US soft landing consistent with weaker dollar: Goldman Sachs By Investing.com
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Investing.com – As the global economy faces uncertainty, the United States appears to be on track for a “soft landing,” a scenario in which the economy slows without entering a recession. This potential outcome, according to analysts at Goldman Sachs, is consistent with the weakness of the US economy. “Despite…
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Can Ethereum regain momentum and outperform Bitcoin in 2024?
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Ethereum has outperformed Bitcoin in terms of price performance, especially when looking at time frames since inception, halvings, and bull market periods. However, Ethereum has consistently underperformed since the 2018-2019 and 2022-2023 bear markets. In the 2024 halving, for the first time, Ethereum is significantly lagging behind Bitcoin. In fact,…
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Can Ethereum regain momentum and outperform Bitcoin in 2024?
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Ethereum has outperformed Bitcoin in terms of price performance, especially when looking at time frames since inception, halvings, and bull market periods. However, Ethereum has consistently underperformed since the 2018-2019 and 2022-2023 bear markets. In the 2024 halving, for the first time, Ethereum is significantly lagging behind Bitcoin. In fact,…
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This Is What Will Finally End Nvidia’s Monster Stock Gains
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that it Nvidia‘s (NASDAQ: NVDA) Investors are in for a tough time in 2023 and 2024. At least, that’s the feeling in 2023 and 2024. The chipmaker and leading provider of AI computing infrastructure has surpassed $3 trillion in market cap, making it the third-largest company in the world. And…
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Chart Art: WTI Crude Oil (USOIL) To Revisit Its Triangle Resistance?
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US crude oil prices continue to recover after revisiting August lows last week. How far can WTI crude oil go before sellers can gather enough downside momentum? We take a closer look at the potential resistance area: Crude Oil WTI (USOIL) 4 hours Chart by TradingView In case you missed…
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Shiba Inu Reveals Plans To Establish Its Own DAO
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In a post on X on August 25, Shiba Inu (SHIB) announced its intention to create a decentralized autonomous organization (DAO). advertisement This was detailed by Shiba Inu’s Marketing Director, Lucy (@LucieSHIB). Shiba Inu’s vision of a decentralized, autonomous organization Shiba Inu is currently ranked 13th by market cap, Lucy…
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Asia-Pacific stocks mixed amid dovish Fed signals, and broadening Middle East conflict
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Chachamal Asia-Pacific stock markets were mixed on Monday, following a rally on Wall Street on Friday after US Federal Reserve Chairman Jerome Powell’s speech in Jackson Hole suggested the Fed could start cutting interest rates in September. Markets also monitored geopolitical developments in Tensions are rising in the Middle East…
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Solana Price (SOL) Could Spark Another Rally by Clearing $162
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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…