Author: Investor Empires
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Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC
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Meet Samuel Ideyemi, nicknamed HIM-buktu. A web3 content writer, journalist, and aspiring trader, Ideyemi is a multi-talented person. With his flair for words and sense of trends, he has written for several industry players, including AMBCrypto, Blockchain.News, Blockchain Reporter, and more. Edemi’s adventure into the world of cryptocurrencies was cinematic.…
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Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC
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Meet Samuel Ideyemi, nicknamed HIM-buktu. A web3 content writer, journalist, and aspiring trader, Ideyemi is a multi-talented person. With his flair for words and sense of trends, he has written for several industry players, including AMBCrypto, Blockchain.News, Blockchain Reporter, and more. Edemi’s adventure into the world of cryptocurrencies was cinematic.…
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Boeing grounds 777X test fleet after finding cracks in engine mounting structure (NYSE:BA)
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sanfel/iStock Editorial via Getty Images BoeingNew York Stock Exchange: BA) He is Grounding its 777X test fleet After inspection found cracks in the main engine mounting structure, Air current It was reported on Monday. Boeing (BA) has orders for 540 new aircraft that it plans to begin delivering. In 2025,…
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Seven & i shares give up some gains after Couche-Tard bid By Reuters
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TOKYO (Reuters) – Shares of Japan’s Seven & I Holdings Inc fell about 6 percent in morning trade on Tuesday, giving up some of their gains the previous day when they were boosted by news of a takeover bid from Canada’s Alimentation Couture. Although the value of the offer was…
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Analysts reveal bullish case for Bitcoin as global liquidity rises
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Many macroeconomic analysts claim that the stage appears set for Bitcoin to surpass its previous all-time high, thanks to increased global liquidity. In recent weeks, the global macroeconomic outlook has shown signs of shifting. Over the weekend, Goldman Sachs economists announced that they Reduced They lowered their estimate of the…
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Analysts reveal bullish case for Bitcoin as global liquidity rises
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Many macroeconomic analysts claim that the stage appears set for Bitcoin to surpass its previous all-time high, thanks to increased global liquidity. In recent weeks, the global macroeconomic outlook has shown signs of shifting. Over the weekend, Goldman Sachs economists announced that they Reduced They lowered their estimate of the…
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Super-angel billionaire Ron Conway blindsided by crypto allies: report
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Billionaire investor Ron Conway reportedly cut ties With a super cryptocurrency commission called Versic After the group said it would support the Republican candidate against Senator Sherwood Brown (D-Ohio), according to Politico a report. Brown is the longtime chairman of the Senate Banking Committee and has raised concerns about Cryptocurrency…
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TA of the Day: Is EUR/USD’s Steep Ascent Setting Up for a Reversal?
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The US dollar is falling sharply, causing the EUR/USD pair to rise. The dollar’s weakness has fueled dovish comments from Fed officials, especially on the gradual approach to interest rate cuts. This sentiment is supported by recent US economic data (covered in our weekly summary) which points to a decline…
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Dogecoin Influencer Issues Critical Scam Alert To DOGE Community
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A Dogecoin (DOGE) Influencer The alarm has been sounded about Phishing attack Targeting DOGE Community Members. The Impact Panel has issued a critical warning about a new fraudulent social media account impersonating the Dogecoin Foundation. Dogecoin Impersonation Scam Detected On August 17, DOGE influencer known as “Inevitable360” took to X…
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Nairobi Hospital owners’ bid to eject board halted
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The management of Nairobi Hospital has obtained an injunction restraining the owners of the health facility from distributing a notice demanding their removal from office. The order by the Milimani Commercial Magistrate’s Court provides relief to the board, which has come under heavy criticism from a section of the Kenya…
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PBOC is expected to set the USD/CNY reference rate at 7.1317 – Reuters estimate
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The People’s Bank of China is scheduled to set the exchange rate of the US dollar against the Chinese yuan at around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as the renminbi or RMB).…
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Not Your Keys, Not Your Name: Here’s Why Naming is the Next Killer App for Bitcoin
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In the name of freedom Neutral money like Bitcoin preserves economic freedom. It respects individual liberty. It silently defends property rights. Whether you are an individual or a corporation, it gives you full empowerment over your decisions about production, investment, and consumption without the threat of censorship, confiscation, or degradation.…
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Not Your Keys, Not Your Name: Here’s Why Naming is the Next Killer App for Bitcoin
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In the name of freedom Neutral money like Bitcoin preserves economic freedom. It respects individual liberty. It silently defends property rights. Whether you are an individual or a corporation, it gives you full empowerment over your decisions about production, investment, and consumption without the threat of censorship, confiscation, or degradation.…
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Tech tycoon Mike Lynch missing after yacht sinks off Sicily, weeks after £8bn fraud acquittal
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Mike Lynch, the British technology entrepreneur who was recently acquitted in a massive £8 billion fraud case, has disappeared after his yacht sank off the coast of Sicily. The incident comes just weeks after Lynch’s stunning legal victory, which saw him acquitted of fraud charges in a US court after…
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Trump says he may end EV tax credit; is open to naming Elon Musk as an adviser By Reuters
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By David Shepardson YORK, Pennsylvania (Reuters) – Republican presidential candidate Donald Trump said on Monday that if elected he would consider ending the $7,500 tax credit for electric vehicles and would be open to appointing Tesla Inc Chief Executive Elon Musk to a cabinet or advisory position. “Tax credits and…
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Ethereum Sees Major Outflow From Mega Whales
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The cryptocurrency market has been full of challenges, and Ethereum (ETH), the second-largest cryptocurrency, is no exception. Despite its dominant position, the coin has faced significant headwinds in recent weeks, and its price shows no signs of a sustainable recovery. Key metrics point to a continuation of the downtrend. According…
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Ethereum Sees Major Outflow From Mega Whales
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The cryptocurrency market has been full of challenges, and Ethereum (ETH), the second-largest cryptocurrency, is no exception. Despite its dominant position, the coin has faced significant headwinds in recent weeks, and its price shows no signs of a sustainable recovery. Key metrics point to a continuation of the downtrend. According…
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Rebuilding Gaza Could Take Over $80 Billion, Global Cooperation
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Breadcrumb Trail Links PMN Business On today’s Big Take podcast: a look at the international cooperation — and money — it would take to rebuild Gaza. Author of the article: Bloomberg News Julia Press and Sarah Holder Published Aug 19, 2024 • 10 minute read You can save this article…
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New Zealand data, July trade balance -963m (prior +585m)
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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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Bitcoin flashes indicator that often precedes higher prices: CryptoQuant
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Bitcoin has signaled the end of miner capitulation, as indicated by the popular Hash Ribbons indicator, according to analysts at on-chain data and analytics platform CryptoQuant. Analysts comment This comes as the leading cryptocurrency retested the $59,000 level. However, the cryptocurrency has struggled over the past week, with Bitcoin falling…