Author: Investor Empires
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Fairshake to spend $25m on ads for 18 US House candidates
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Fairshake, a prominent cryptocurrency-focused political action committee, plans to invest $25 million in television advertising campaigns to support 18 House candidates from both parties. According to Fairshake spokesperson Josh Vlasto and Fox Business correspondent Eleanor Terrett, the effort highlights the growing bipartisan consensus around the importance of crypto and blockchain…
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Wilmington Announces Voting Results from Special Meeting of Shareholders
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Article Content CALGARY, Alberta, Aug. 7, 2024 (GLOBE NEWSWIRE) — Wilmington Capital Management Inc. (TSX: WCM.A, WCM.B) (“Wilmington” or the “Company”) today announced the positive vote of Wilmington shareholders (“Shareholders”) at this morning’s special meeting of shareholders (“Special Meeting”) held in person, to approve the previously announced transaction resolution. 8,341,129…
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Daily Broad Market Recap – August 6, 2024
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A bit of calm has returned to the financial markets over the past few trading sessions, but we are still seeing significant movements between some major currencies and asset classes. Bitcoin saw a big rebound, closing up around 5% on the day while Treasury yields also made good gains. Here’s…
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Bitcoin ETFs Suffer $168 Million Hemorrhage Amid Market Mayhem
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After a sharp 10% drop in price, Bitcoin, Which temporarily stabilized at less than $50,000 before recovering to around $54,000, exchange-traded funds (ETFs) suffered from heavy flows On Tuesday, the total withdrawals amounted to about $168 million. This is the second consecutive day of large withdrawals, resulting in a total…
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Bitcoin ETFs Suffer $168 Million Hemorrhage Amid Market Mayhem
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After a sharp 10% drop in price, Bitcoin, Which temporarily stabilized at less than $50,000 before recovering to around $54,000, exchange-traded funds (ETFs) suffered from heavy flows On Tuesday, the total withdrawals amounted to about $168 million. This is the second consecutive day of large withdrawals, resulting in a total…
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Israels forex reserves rise sharply
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Israel’s foreign exchange reserves rose from $204.665 billion to $213.634 billion over the past 12 months, slightly below the record foreign exchange reserves of $213.731 billion in March 2024. The Bank of Israel reported that Israel’s foreign exchange reserves at the end of July 2024 amounted to $213.634 billion, an…
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BOJ Summary – one monetary policy board member suggested the neutral rate is at least 1%
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Summary of the Bank of Japan’s views at the monetary policy meeting on July 30-31 Many members see economic activity and prices developing in line with the BOJ’s expectations. Some see scope for raising “very low” interest rates, pointing to negative real interest rates at 25-year lows. Opinions divided on…
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Democrats Launch “Crypto for Harris” to Rival Trump’s Crypto Appeal: FOX Business
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In a strategic move to counter Donald Trump’s growing appeal within the cryptocurrency industry, Democrats have launched a “Crypto for Harris” campaign, according to FOX Business. Eleanor Terrett Reported Today. The initiative, led by a Kamala Harris advocacy group, aims to mobilize support from crypto-friendly voters for Vice President Harris…
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Democrats Launch “Crypto for Harris” to Rival Trump’s Crypto Appeal: FOX Business
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In a strategic move to counter Donald Trump’s growing appeal within the cryptocurrency industry, Democrats have launched a “Crypto for Harris” campaign, according to FOX Business. Eleanor Terrett Reported Today. The initiative, led by a Kamala Harris advocacy group, aims to mobilize support from crypto-friendly voters for Vice President Harris…
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Election and rate cut points to UK home sales pickup, RICS says By Reuters
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LONDON (Reuters) – Britain’s housing market looks set for a sales recovery in the coming months after the Bank of England cut interest rates and the new government shifted its focus to the sector, a survey showed on Thursday. The Royal Institution of Chartered Surveyors said its gauge of expected…
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Insurer Manulife’s second-quarter profit rises on strong Asia growth By Reuters
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(Reuters) – Canada’s Manolive Financial Inc reported better-than-expected quarterly profit on Wednesday, helped by a 40 percent rise in earnings from Asia, a region the insurer is betting on for growth. The Asia business, which includes operations in 12 markets and more than 100 banking partnerships, is among the insurer’s…
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XRP Price Rallies 27% As Ripple Secures Major Win In SEC Lawsuit
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Ronaldo is an experienced crypto enthusiast who is dedicated to this emerging and ever-evolving industry. With over five years of intensive research and tireless dedication, he has developed a deep interest in the world of cryptocurrencies. Ronaldo’s journey began out of curiosity, which soon turned into a deep passion to…
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Dow jumps 285 points as traders try to extend comeback from big sell-off
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Lucky Photographer/Shutterstock U.S. stocks rose on Wednesday as traders tried to extend a rally that began on Tuesday following a recent sell-off. The Bank of Japan indicated that it will pause interest rate hikes in the near term, boosting investor sentiment. Major stock indices, with the Dow Jones up about…
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USD/JPY can fall even further
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Investing.com stock has fallen sharply over the past four weeks, and Citi Research sees the pair as vulnerable to further selling over time. At 08:55 ET (12:55 GMT), the USD/JPY pair was up 1.8% at 146.88 yen, with the pair rebounding after Bank of Japan officials earlier on Wednesday downplayed…
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OP_NET Launches Testnet On 07th Aug, 24
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The world of decentralized finance (DeFi) has long been associated with Ethereum, but a recent development suggests that Bitcoin, the leading cryptocurrency, may soon invade. Bitcoin Defi World. A group of dedicated developers, led by Chad Master, are set to launch OP_NET A testnet will launch on August 7, 2024,…
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OP_NET Launches Testnet On 07th Aug, 24
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The world of decentralized finance (DeFi) has long been associated with Ethereum, but a recent development suggests that Bitcoin, the leading cryptocurrency, may soon invade. Bitcoin Defi World. A group of dedicated developers, led by Chad Master, are set to launch OP_NET A testnet will launch on August 7, 2024,…
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A guide to a nurse’s salary: Broken down by all 50 states and industry type
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During and after the pandemic, nursing has received increased attention. While the world agrees that nurses deserve to be well-paid and respected, severe burnout persists in the field—partly contributing to a shortage of nurses in many societies. For those who are eager to enter the challenging and rewarding field of…
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TA of the Day: Key Support Level in Sight for USD/CAD ?
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the Canadian Dollar (scoundrel) strengthened against the US dollar (American dollar), hit a two-week high as market volatility eased. As the turmoil fueled by yen-financed debt reductions and uncertainty over U.S. interest rate cuts eases, market participants are regaining confidence in the Canadian dollar. However, the Bank of Canada remains…
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DePIN early-stage fundraising has grown 296% YoY: Messari
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The decentralized physical infrastructure network market continues to see significant growth, with early-stage project funding increasing 296% year-over-year. According to details shared by crypto market intelligence platform Messari on X, early-stage DePIN projects have raised over $246 million across 70 deals by August 1, 2024. IoTeX (IOTX) is the platform…
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DePIN early-stage fundraising has grown 296% YoY: Messari
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The decentralized physical infrastructure network market continues to see significant growth, with early-stage project funding increasing 296% year-over-year. According to details shared by crypto market intelligence platform Messari on X, early-stage DePIN projects have raised over $246 million across 70 deals by August 1, 2024. IoTeX (IOTX) is the platform…