Author: Investor Empires

  • Solana Whale Sell-Offs Threaten $1,000 Dream, But Fundamentals Remain Strong

    A Solana whale (SOL) Solana has been selling a large amount of its holdings for some time, a move that could significantly impact the price of Solana and Expected move to $1000Solana’s fundamentals remain strong amidst this sell-off, suggesting that SOL is still capable of enjoying a significant bullish run.…

  • Solana Whale Sell-Offs Threaten $1,000 Dream, But Fundamentals Remain Strong

    A Solana whale (SOL) Solana has been selling a large amount of its holdings for some time, a move that could significantly impact the price of Solana and Expected move to $1000Solana’s fundamentals remain strong amidst this sell-off, suggesting that SOL is still capable of enjoying a significant bullish run.…

  • Ukraine downs all 29 Russia-launched drones during overnight attack, air force says By Reuters

    KIEV (Reuters) – Ukraine’s air force said on Thursday it had shot down 29 Russian-launched drones over eight Ukrainian regions during an overnight attack that officials said caused only minor damage. The Russian Air Force said in a statement that Russia also fired three Kh-59 guided missiles during the attack.…

  • Telstra hits 6-month high on upbeat 2025 forecast By Reuters

    By John Pigou and Ayushmann Ojha (Reuters) – Australian telecoms major Telstra (OTC:) raised its earnings forecast for the 2025 financial year on Thursday, prompting investors to shrug off a 13% drop in annual profit and sending its shares to a six-month high. Telstra has raised the lower end of…

  • Wisconsin adds 447k shares to BlackRock Bitcoin ETF holdings

    The Wisconsin Investment Board has increased its stake in BlackRock’s iShares Bitcoin Trust, as disclosed in a recent filing with the U.S. Securities and Exchange Commission. US Securities and Exchange Commission Submit files On August 14, data showed that Wisconsin now owns nearly 2.9 million shares of BlackRock’s iShares Bitcoin…

  • Wisconsin adds 447k shares to BlackRock Bitcoin ETF holdings

    The Wisconsin Investment Board has increased its stake in BlackRock’s iShares Bitcoin Trust, as disclosed in a recent filing with the U.S. Securities and Exchange Commission. US Securities and Exchange Commission Submit files On August 14, data showed that Wisconsin now owns nearly 2.9 million shares of BlackRock’s iShares Bitcoin…

  • The Fed will only cut rates once this year because the US economy is too strong, market vet says

    U.S. Federal Reserve Chairman Jerome Powell speaks during a Senate Banking, Housing and Urban Affairs Committee hearing on the semiannual monetary policy report to Congress at the U.S. Capitol on July 9, 2024 in Washington, D.C. Powell was quoted as saying in previous remarks, “We want to be more confident…

  • Asia FX muted, dollar near 7-mth low after soft CPI data By Investing.com

    Most Asian currencies remained in a tight range on Thursday after posting strong gains overnight after weaker-than-expected U.S. consumer inflation data put the dollar near a seven-month low. Positive economic readings from Japan, Australia and to some extent China also boosted sentiment towards regional markets. The dollar index hovered around…

  • Bitcoin ETFs Racing To Overtake Satoshi’s Iconic BTC Stash — Analyst

    There is a big change on the horizon in the world. BitcoinOver time, U.S. ETFs will become the largest holders of Bitcoin, surpassing even Satoshi Nakamoto, the cryptocurrency’s mysterious founder. This development is also certainly a reflection of the growing institutional interest in cryptocurrencies. Eric Balchunas, a senior ETF analyst…

  • Bitcoin ETFs Racing To Overtake Satoshi’s Iconic BTC Stash — Analyst

    There is a big change on the horizon in the world. BitcoinOver time, U.S. ETFs will become the largest holders of Bitcoin, surpassing even Satoshi Nakamoto, the cryptocurrency’s mysterious founder. This development is also certainly a reflection of the growing institutional interest in cryptocurrencies. Eric Balchunas, a senior ETF analyst…

  • XPO has restarted sale of European transportation business – Bloomberg

    John Tetzlaff/iStock Editorial via Getty Images XPO Company (New York:XPO) has renewed the sale of its European transportation business nearly two years after cancelling a plan to sell the operations. The logistics company is working with consultants to attract potential interest in the business, according to Bloomberg Report Late Wednesday,…

  • Australia’s Jobless Rate Rose to a Two-And-A-Half-Year High, but Other Components Showed Underlying Strength

    Australian Bureau of Statistics data showed that Australia’s seasonally adjusted unemployment rate rose from 4.1% to 4.2% in July. This is the highest level since February 2022! However, the components of the report actually point to a stronger labor market during the month: 58.2K net jobs added (vs. 20.2K expected)…

  • Silent Payments Are Coming To Better Protect Bitcoin Users

    Bitcoin continues to revolutionize the digital age by allowing people to transact with each other without the need for a third party. Bitcoin Magazine covered the topic of silent payments over two years ago to highlight one of Bitcoin’s shortcomings: privacy. Privacy was an issue then and it still is…

  • Silent Payments Are Coming To Better Protect Bitcoin Users

    Bitcoin continues to revolutionize the digital age by allowing people to transact with each other without the need for a third party. Bitcoin Magazine covered the topic of silent payments over two years ago to highlight one of Bitcoin’s shortcomings: privacy. Privacy was an issue then and it still is…

  • Starbucks welcomes new CEO Brian Niccol with a $113 million payday—and he can work remotely

    Starbucks It was announced On Wednesday it will be shown New CEO Brian Nicole, approximately 50 years old $113 million total compensation Including a $10 million signing bonus, a $75 million stock award, and, beginning in fiscal 2025, a potential $23 million per year award. This is in addition to…

  • UBS says doesn’t see reason for 50bp Federal Open Market Committee (FOMC) rate cut in Sept

    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…

  • Can The XRP Price Cross $250? Crypto Analyst Predicts 42,000% Breakout

    A cryptocurrency analyst has made a bold price prediction for XRP, the native token of XRP Ledger (XRPL)Analyst expects massive 42,000% rise XRP price risewhich could push the cryptocurrency beyond the $250 level. Analyst Predicts XRP Price to Reach $263 Cryptocurrency analyst Javon Marks took to X (formerly Twitter) on…

  • Fuel prices unchanged for first time since December last year

    Fuel prices remained steady for the first time this year, ending months of consecutive price cuts that consumers have enjoyed since December last year. The Energy and Petroleum Regulatory Authority (EPRA) has kept the pump prices of a litre of petrol and diesel unchanged at Sh188.84 and Sh171.60 respectively in…

  • US stock futures tick higher after softer-than-expected CPI data By Investing.com

    U.S. stock index futures were slightly higher in overnight trade on Wednesday, extending a positive session on Wall Street after data showed consumer inflation slowed slightly in July, boosting expectations for interest rate cuts. Wall Street indexes rose to their highest levels in two weeks after weaker-than-expected inflation readings on…

  • US stock futures tick higher after softer-than-expected CPI data By Investing.com

    U.S. stock index futures were slightly higher in overnight trade on Wednesday, extending a positive session on Wall Street after data showed consumer inflation slowed slightly in July, boosting expectations for interest rate cuts. Wall Street indexes rose to their highest levels in two weeks after weaker-than-expected inflation readings on…