Author: Investor Empires
-
Daily Broad Market Recap – August 22, 2024
•
Profit-taking was the name of the game on Thursday as major assets reversed their trends for the week ahead of Powell’s keynote speech on Friday. Spot gold and the S&P 500 continued to trade lower near record highs, while U.S. bond yields and the U.S. dollar recovered despite mixed U.S.…
-
Spot Bitcoin ETFs see inflows of $64.8m, Ether ETFs outflows drop to $874k
•
Bitcoin ETFs saw their sixth consecutive day of net inflows, while Ether ETFs continued to record net outflows, extending a six-day streak of negative inflows. according to Data According to SoSoValue, the 12 Bitcoin exchange-traded funds (ETFs) recorded net inflows of $64.91 million on August 22, a 65% jump from…
-
Greenpeace files supreme court case accusing Finland of climate inaction
•
A group of environmental and human rights organizations said Thursday they are suing the Finnish government for violating the country’s climate legislation by not taking enough action to meet climate targets. In a statement, the six organizations noted that in 2022, Finland adopted “one of the strongest net-zero climate targets…
-
Gold bulls dealt a minor setback in trading yesterday
•
With the dollar rebounding slightly, gold is down 1% and more importantly back below the $2,500 level. The price is still above the previous triple top pattern at around $2,480, but buyers are hoping for a more convincing push above the figure to reinforce the breakout case. Gold (XAU/USD) Hourly…
-
Gold bulls dealt a minor setback in trading yesterday
•
With the dollar rebounding slightly, gold is down 1% and more importantly back below the $2,500 level. The price is still above the previous triple top pattern at around $2,480, but buyers are hoping for a more convincing push above the figure to reinforce the breakout case. Gold (XAU/USD) Hourly…
-
Sony Group Introduces Ethereum Layer-2 Blockchain Soneium
•
Sony Group, in partnership with Stratel, has launched Soneium, a public layer 2 blockchain based on Ethereum. The development is part of Sony’s strategic expansion into the blockchain ecosystem, leveraging its extensive distribution networks in entertainment, gaming, finance, and electronics. Soneium aims to integrate Web3 technologies into everyday consumer applications,…
-
Banks, stock brokers hits as CBK stops commission on bonds trade
•
Kenya’s central bank will stop paying commission to stockbrokers, custodian banks and authorised securities dealers that help it sell treasury bonds from next month, cutting off hundreds of millions of shillings in revenue each year. The central bank paid selling agents – who act as intermediaries between the central bank…
-
Airlines fly over Afghanistan as Middle East becomes the greater risk By Reuters
•
By Joanna Pluchinska and Lisa Barrington LONDON/SEOUL (Reuters) – Singapore Airlines, British Airways and Lufthansa have increased their flights over Afghanistan after years of largely avoiding it now that conflict in the Middle East has made it a relatively safe option. Most airlines stopped flying over Afghanistan, which lies on…
-
This Triangle Pattern Triggered In 2021 Suggests XRP Price Will Surge 5,000% To $32
•
XRP price is trading around the psychological $0.60 barrier after breaking through it earlier in the week. It is worth noting that XRP has shown interesting price action amidst broader market uncertainty, although many cryptocurrencies have started to turn positive. While some market participants There is still a bearish outlook…
-
Household confidence in UK economy wanes after six months of growth
•
British household confidence in the economy has fallen for the first time in six months, according to the latest results from the GfK consumer confidence survey. The long-term index, which dates back to the 1970s, remained unchanged at -13, slightly above the long-term average of -18 but below Citi analysts’…
-
Household confidence in UK economy wanes after six months of growth
•
British household confidence in the economy has fallen for the first time in six months, according to the latest results from the GfK consumer confidence survey. The long-term index, which dates back to the 1970s, remained unchanged at -13, slightly above the long-term average of -18 but below Citi analysts’…
-
Asia FX firms with Powell in focus; yen rises as BOJ’s Ueda talks rate hikes By Investing.com
•
Most Asian currencies rose on Friday as the dollar’s recovery slowed ahead of a highly anticipated speech by Federal Reserve Chairman Jerome Powell, where he is expected to provide further signals on interest rate cuts. The Japanese yen was the best performer in Asia, extending a rally seen earlier this…
-
Binance Embraces DOGS Token In Telegram’s Dog-Themed Crypto Craze
•
Image: financialpost DOGS Token has its origins in the vibrant Telegram community, where the beloved dog mascot “Spotty” created by Telegram founder Pavel Durov has become a cherished symbol. By leveraging the popularity of this iconic character, DOGS Token aims to bring the same spirit of connection and sharing that…
-
Chart Art: Is Spot Gold (XAU/USD) Ready To Extend Its Uptrend?
•
Spot gold prices took a breather after hitting new record highs earlier this week. Is the commodity ready to extend its upward trend after falling to the technical support area? The 4-hour daily chart might give us some clues! Gold (XAU/USD) 4 hours Chart by TradingView If you missed yesterday’s…
-
Binance founder CZ moved to halfway house, remains in custody
•
Changpeng Zhao, the former CEO of Binance, has been transferred from prison to a half-house at the Office of Residential Reintegration Administration in Long Beach, California. Encrypted Twitter accounts are filled with rumors and speculation about Zhao’s official release from all detention. Although recent federal prisoner tracking is false, It…
-
Binance founder CZ moved to halfway house, remains in custody
•
Changpeng Zhao, the former CEO of Binance, has been transferred from prison to a half-house at the Office of Residential Reintegration Administration in Long Beach, California. Encrypted Twitter accounts are filled with rumors and speculation about Zhao’s official release from all detention. Although recent federal prisoner tracking is false, It…
-
Should Budget Commissioner quit or back down?
•
Finance Minister Bezalel Smotrich wrote a letter to Budget Commissioner Yogev Gradus, saying: “As long as you do not agree with my economic policy and believe that you are having difficulty implementing it, you are welcome to step down. As long as you continue in your position, you are subordinate…
-
ForexLive Asia-Pacific FX news wrap: USD/JPY fell back under 145.50 as BoJ Gov Ueda spoke
•
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…
-
Bitcoin Average Cycle Count Suggests Bull Run Is Just 2 Months Away
•
Cryptocurrency Analyst Quentin Francois I recently highlighted a cycle indicator that suggests that Bitcoin Running bull About to begin. The crypto analyst highlighted several fundamentals that paint a bullish picture for Bitcoin ahead of this rally. Bitcoin price may rise after two months In X (formerly Twitter) mailQuentin reminded the…
-
Bitcoin Average Cycle Count Suggests Bull Run Is Just 2 Months Away
•
Cryptocurrency Analyst Quentin Francois I recently highlighted a cycle indicator that suggests that Bitcoin Running bull About to begin. The crypto analyst highlighted several fundamentals that paint a bullish picture for Bitcoin ahead of this rally. Bitcoin price may rise after two months In X (formerly Twitter) mailQuentin reminded the…