Author: Investor Empires
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Proof-of-stake blockchain XION introduces native utility token
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Web3 Foundry Burnt has announced the launch of the XION Foundation, a non-profit organization that will oversee the development and expansion of the Proof of Stake XION blockchain. The venture capital-backed platform also unveiled $XION, the native token of the layer 1 blockchain. Burnt shared news of these milestones on…
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Proof-of-stake blockchain XION introduces native utility token
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Web3 Foundry Burnt has announced the launch of the XION Foundation, a non-profit organization that will oversee the development and expansion of the Proof of Stake XION blockchain. The venture capital-backed platform also unveiled $XION, the native token of the layer 1 blockchain. Burnt shared news of these milestones on…
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Housing market outlook: A market revival isn’t coming soon
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Low mortgage rates should improve our situation. Housing statusIn theory, that might be true. But where mortgage rates are now, and where they are expected to be in the next year or so, isn’t enough to make that happen, according to Capital Economics. Concern about a possible recession and Slow…
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BHP and striking union at Escondida fail to resume formal talks By Reuters
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SANTIAGO/ANTOFAGASTA (Reuters) – Mining group BHP and the striking workers’ union at its Escondida mine in Chile failed to resume formal negotiations after a preliminary meeting earlier in the day, the miners’ union said on Wednesday. The copper miners’ union began a strike on Tuesday at the Escondida mine, the…
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A ‘Reservoir Of Power,’ US Senator Says In Bold Speech
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Senator Ted Cruz described Bitcoin as a “reservoir of energy” at the Texas Blockchain Council, saying Bitcoin mining could boost Texas’ grid during severe weather. According to Cruz, when traditional energy sources cannot keep up with demand, Bitcoin could be a much-needed safety net. Against this backdrop, with regard to…
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A ‘Reservoir Of Power,’ US Senator Says In Bold Speech
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Senator Ted Cruz described Bitcoin as a “reservoir of energy” at the Texas Blockchain Council, saying Bitcoin mining could boost Texas’ grid during severe weather. According to Cruz, when traditional energy sources cannot keep up with demand, Bitcoin could be a much-needed safety net. Against this backdrop, with regard to…
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Strategies businesses need to navigate geopolitical tensions
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In an increasingly interconnected world, global trade serves as the lifeblood of the international economy. However, the current geopolitical landscape poses significant challenges, with rising tensions between major powers threatening to disrupt established trade routes, supply chains, and economic stability. From the ongoing trade disputes between the United States and…
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The focus will shift to the US consumer with retail sales and Walmart earnings Thursday
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On Thursday, the focus of U.S. markets will shift from inflation to consumer health. Interest rates are starting to weigh on the market as a number of major companies, including Home Depot and McDonald’s, announce spending cuts. Spending so far appears to have been hit hardest in interest-rate sensitive areas,…
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State of Wisconsin Investment Board Increased BlackRock Bitcoin ETF Holdings: SEC Filing
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The Wisconsin Investment Board (SWIB) has increased its investment in BlackRock’s iShares Bitcoin Trust (IBIT), according to a new filing with the U.S. Securities and Exchange Commission (SEC). Submit files Today, as first reported on X by MacroScope. In a filing with the Securities and Exchange Commission today, the Wisconsin…
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State of Wisconsin Investment Board Increased BlackRock Bitcoin ETF Holdings: SEC Filing
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The Wisconsin Investment Board (SWIB) has increased its investment in BlackRock’s iShares Bitcoin Trust (IBIT), according to a new filing with the U.S. Securities and Exchange Commission (SEC). Submit files Today, as first reported on X by MacroScope. In a filing with the Securities and Exchange Commission today, the Wisconsin…
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Taylor Swift ticket prices plummet by 90% in last-minute resale market, patience proves key
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The second-hand ticket market for Taylor Swift’s upcoming Wembley Stadium concert has seen huge price drops, with some tickets dropping by more than 90% from their initial resale prices. Fans who held their nerve and waited until the last minute found themselves in an excellent position to get cheaper tickets.…
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Tech stocks in focus as investors eye latest filings from funds By Reuters
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NEW YORK (Reuters) – Investors will be watching quarterly reports on Wednesday for a look at how some of the world’s biggest money managers fared at the end of the second quarter, a period marked by a string of record highs in the run-up to the latest bout of turmoil…
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Render Poised For A Staggering 990% Surge — Analyst
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In a market with mixed expectations, Render has been well received by analysts and cryptocurrency believers. Current value $4.80, Cryptocurrency researcher Crypto Patel predicts that Render will surge by over 990% to $50. This could happen despite the coin being down 75% from its peak. Related reading Conversely, Crypto Alex…
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Blue Diamond Resorts Celebrates With End of the Summer Sale
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Article Content SAINT MICHAEL, Barbados, Aug. 14, 2024 (GLOBE NEWSWIRE) — Blue Diamond Resorts, a diversified and comprehensive portfolio of all-inclusive brands in the Caribbean, is turning up the heat and celebrating the end of summer with its latest travel outlet, the “End of Summer Sale.” This exciting promotion offers…
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Dollar on back foot ahead of CPI; sterling slips By Investing.com
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Investing.com – The U.S. dollar was steady on Wednesday, after weakening overnight ahead of the July CPI release, while the British pound weakened after benign inflation data. At 05:25 ET (09:25 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down at 102.277,…
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Tether In Legal Battle With Bankrupt Crypto Lender Celsius
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A series of high-profile legal battles have rocked the cryptocurrency industry, with the latest involving two major players — Tether, the issuer of the world’s largest stablecoin USDT, and bankrupt crypto lending platform Celsius Network. At the heart of the dispute is a controversial allegation of alleged improper liquidation of…
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Tether In Legal Battle With Bankrupt Crypto Lender Celsius
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A series of high-profile legal battles have rocked the cryptocurrency industry, with the latest involving two major players — Tether, the issuer of the world’s largest stablecoin USDT, and bankrupt crypto lending platform Celsius Network. At the heart of the dispute is a controversial allegation of alleged improper liquidation of…
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Elbit CEO: Some investors bowed to political pressure
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Demand for defense technology products Elbit Systems Ltd. (NASDAQ: ESLT; level:ESLTThis can be seen in the order backlog, revenue and profit growth. Elbit ended the second quarter of 2024 with an order backlog of $21.1 billion, up 31% from the same quarter in 2023. Revenue in the second quarter was…
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The euro has now erased all of this year’s losses
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EURUSD daily The euro has now returned to stability during the year. It opened at 1.1036, dropped to 1.0601 on April 15, and has now risen to its highest level. There is some resistance at the December high of 1.1139 followed by last year’s high of 1.1276. The latest move…
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Blockchain startup Parfin raises $10m in Series A round
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Blockchain startup Parfin has secured $10 million in its Series A round, aiming to drive global expansion and bridge the gap between traditional finance and blockchain. Parfin, a Mastercard-based blockchain infrastructure company, has successfully closed the first tranche of its Series A funding, raising $10 million. In a press release…