Author: Investor Empires
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As Crypto Markets Wrestle With Adversity These Three Coins are Performing admirably XRP, RLBK, and BNB Discover Why
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The cryptocurrency market has been turbulent since July. Many tokens have seen their value drop sharply. However, three cryptocurrencies are still holding up — Rollblock, XRP, and Binance Coin. XRP and Binance Coin have seen a strong rebound after a sharp drop in early August. Meanwhile, Rollblock is a relative…
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Companjon makes CNBC’s inaugural ‘World’s Top Insurtech Companies’ list following independent evaluation of market by Statista
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This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on August 14, 2024 •…
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RBNZ Surprised With A 25bps Rate Cut As A “Reasonable First Step” Amidst Cooler Inflation And Slower Growth
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The New Zealand Dollar fell sharply earlier today, and no, it’s not because your trading platform suffered from a “Massive DDoS attack.“ A few hours ago, the Reserve Bank of New Zealand surprised the markets with Official interest rate cut by 25 basis points to 5.25% While many market participants…
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Assessing the Lightning Network’s Last-Mile Solutions
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Custodial Lightning has clearly achieved product market fit. Users benefit from instant Bitcoin payments and minimal fees, while custodians manage the complexities of channel and liquidity management. Major platforms like Coinbase, Cash App, Kraken, and Binance provide over 200 million users with direct access to Lightning payments. While the Lightning…
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monday.com sees tenfold growth in limitless market
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Economic and geopolitical uncertainty hasn’t stopped Israeli operating system company Monday.com (Nasdaq: MNDY). The company reported strong second-quarter results earlier this week, sending its stock price up 15% to a 30-month high. Yesterday, the stock rose another 1.21%, giving the company a market cap of $13.072 billion, making it the…
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monday.com sees tenfold growth in limitless market
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Economic and geopolitical uncertainty hasn’t stopped Israeli operating system company Monday.com (Nasdaq: MNDY). The company reported strong second-quarter results earlier this week, sending its stock price up 15% to a 30-month high. Yesterday, the stock rose another 1.21%, giving the company a market cap of $13.072 billion, making it the…
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Eurostoxx futures +0.3% in early European trading
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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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BNB Price Back on Track: Can It Break $535 to Move Higher?
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BNB price recovers to above $500 support zone. The price is now showing positive signs and may target further gains above $535. BNB price started a recovery wave from the $500 support area. The price is now trading above the $515 level and the 100-hour simple moving average. There is…
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Australia’s CBA beats annual profit forecast, extends shares rally By Reuters
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Written by Sameer Manikkar (Reuters) – Commonwealth Bank of Australia, the country’s largest lender, reported a smaller-than-expected fall in annual cash profit on Wednesday and announced its highest ever dividend, despite falling margins and rising mortgage overdue payments. Cash profits were A$9.84 billion (US$6.52 billion) for the year to June…
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Thyssenkrupp swings to quarterly net loss as one-offs bite By Reuters
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By Christoph Steitz FRANKFURT (Reuters) – Thyssenkrupp swung to a net loss in the third quarter on higher-than-expected costs for legacy projects in its plant engineering business, the company said on Wednesday, adding that it had also halted the sale of one of its units. The company said it posted…
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Crypto firm Cumberland deployed $1b Tether in 8 days
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Market maker Cumberland may have bought the dip as data showed the company moved millions of Tether stablecoins to centralized exchanges. Since August 6, Cumberland has sent over $1 billion in Tether (USDT) to CEX platforms like Binance, Coinbase, and Kraken, according to LookOnChain. Data. Market makers provide liquidity in…
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Crypto firm Cumberland deployed $1b Tether in 8 days
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Market maker Cumberland may have bought the dip as data showed the company moved millions of Tether stablecoins to centralized exchanges. Since August 6, Cumberland has sent over $1 billion in Tether (USDT) to CEX platforms like Binance, Coinbase, and Kraken, according to LookOnChain. Data. Market makers provide liquidity in…
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Don’t rush back into the stock market as more pain is coming if the economy keeps slowing, Stifel chief strategist says
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iStock; Rebecca Zisser / P Barry Bannister of Stifel said stocks have risen since last week’s sell-off, but there is still reason for caution. The Fed’s 2% inflation target is “just a pipe dream” while the housing market is expected to recover, Bannister said. He reiterated his prediction of a…
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Asia FX gains as dollar dips ahead of CPI data; Kiwi battered by rate cut By Investing.com
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Most Asian currencies rose on Wednesday, while the dollar fell after a weak reading on U.S. producer inflation raised hopes that a similar easing in consumer inflation would lead to deeper interest rate cuts. The New Zealand dollar was an exception, posting sharp losses after the Reserve Bank of New…
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Cardano Adoption Has Stagnated, Analytics Firm Talks Why
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An analytics firm has discussed how Cardano (ADA) network adoption has hit a plateau over the past year. Total Cardano holders unchanged in 1 year According to data from In the massADA has seen its user base stagnate over the past year. The metric of interest here is the total…
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Activist Elliott seeks 10 board seats at Southwest Airlines (NYSE:LUV)
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Kevin Deitch/Getty Images News Update 9:05 PM: Elliott’s confirmation adds. Activist firm Elliott Investment Management is preparing to launch a proxy battle in Southwest Airlines (NYSE: LUV). The prominent activist fund plans to nominate 10 candidates for the position of director of the airline’s 15-person board, according to a statement…
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Daily Broad Market Recap – August 13, 2024
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Easing producer price pressures in the United States have fueled speculation of a Federal Reserve rate cut and encouraged risk-taking in markets. How did your favorite assets trade on Tuesday? Let’s take a look at the headlines that highlighted it: Headlines: Westpac: Consumer sentiment in Australia The index improved from…
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Over 1 Million Bitcoin Addresses Hold 1 BTC or More, Reflecting Strong Adoption
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According to data from Bitcoin Pro MagazineThere are 1,012,650 Bitcoin addresses containing 1 BTC or more. This represents over 1 million bitcoins that have been taken off the market and are now in the hands of powerful individuals, a significant portion of the 21 million bitcoins that will ever exist.…
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Over 1 Million Bitcoin Addresses Hold 1 BTC or More, Reflecting Strong Adoption
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According to data from Bitcoin Pro MagazineThere are 1,012,650 Bitcoin addresses containing 1 BTC or more. This represents over 1 million bitcoins that have been taken off the market and are now in the hands of powerful individuals, a significant portion of the 21 million bitcoins that will ever exist.…
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Southwest investor asked the board to dump its CEO over the airline’s struggles. Now it wants to oust the board.
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Elliott Management Inc. is planning to nominate a slate of candidates for Southwest Airlines Co.’s board of directors, adding to activist investor pressure for sweeping changes at the struggling airline, according to a person familiar with the matter. Elliott will nominate up to 10 directors and call a special investor…