Author: Investor Empires
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Trump’s unconventional plan to erase $35t debt
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Former President Donald Trump has suggested using Bitcoin to eliminate the $35 trillion US national debt. The US national debt continues to rise, and the Republican presidential candidate has a bold idea to address the issue: give Bitcoin (BTC) to China to pay off US debt. “Cryptocurrency is a very…
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Trump’s unconventional plan to erase $35t debt
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Former President Donald Trump has suggested using Bitcoin to eliminate the $35 trillion US national debt. The US national debt continues to rise, and the Republican presidential candidate has a bold idea to address the issue: give Bitcoin (BTC) to China to pay off US debt. “Cryptocurrency is a very…
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Gold dips on weak U.S. jobs report but analysts see more record highs ahead (NYSEARCA:GLD)
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monsitj/iStock via Getty Images Gold futures ended lower on Friday, reversing earlier gains, as part of a general sell-off in riskier assets after a weak U.S. jobs report raised concerns that the Federal Reserve’s hold on interest rates could cause a real economic slowdown. the prices U.S. stocks briefly rose…
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Ethereum Founder Buterin Proudly Announces He’s A ‘Dogecoin Hodler’
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Vitalik Buterin knows how to attract attention. And he does it in his own, unpredictable – but entertaining – way. Arrived in Tokyo on July 30 for Edcon 2024His appearance was extremely attractive, leaving an indelible impression. He wore a loose black kimono with large sleeves as he entered the…
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Ethereum Founder Buterin Proudly Announces He’s A ‘Dogecoin Hodler’
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Vitalik Buterin knows how to attract attention. And he does it in his own, unpredictable – but entertaining – way. Arrived in Tokyo on July 30 for Edcon 2024His appearance was extremely attractive, leaving an indelible impression. He wore a loose black kimono with large sleeves as he entered the…
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Heatwave deaths expose air conditioning crisis: Elderly and minorities most at risk
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Mexican farmworker Avelino Vasquez Navarro did not have air conditioning in the mobile home he died in last month in Washington state when temperatures soared into the hundreds of degrees. For the past 12 years, the 61-year-old has spent most of the year working near Pasco, Wash., sending money to…
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Forexlive Americas FX news wrap 2 Aug: Bond market cuts rate for Fed after weak jobs data
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After some amazing earnings/revenue numbers from Amazon after the shutdown (revenue declines and slower consumer concerns), and a day of bad news yesterday, markets got another dose of “weakness” today in the US jobs report. The US nonfarm payrolls report for July 2024 showed a gain of just 114,000 jobs,…
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Bitcoin’s Anticipated Retail Resurgence
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Bitcoin’s recent price action has been a roller coaster ride of highs and lows. However, while Bitcoin has hit an all-time high and enjoyed a near-constant positive trajectory for two years, we have yet to see a steady influx of retail investors. The potential for increased retail participation and the…
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Bitcoin’s Anticipated Retail Resurgence
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Bitcoin’s recent price action has been a roller coaster ride of highs and lows. However, while Bitcoin has hit an all-time high and enjoyed a near-constant positive trajectory for two years, we have yet to see a steady influx of retail investors. The potential for increased retail participation and the…
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Win for Moi estate as Supreme Court overturns Sh1 billion payout
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The Supreme Court has overturned a Court of Appeal ruling that ordered the estate of former President Daniel Moi and businessman Jaswant Rai to pay more than Sh1 billion to an Eldoret family for allegedly seizing their land in 1983. The family of Noah Chilugwe, the former leader who died…
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Lexicon Pharmaceuticals reported a net loss of $53.4 million By Investing.com
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Lexicon Pharmaceuticals (NASDAQ: NASDAQ:) reported in their second quarter 2024 earnings call a modest growth in their INPEFA business and a net loss of $53.4 million. The company highlighted the resubmission of their New Drug Application (NDA) for Zynquista, the advancement of their Phase 3 study for Sotagliflozin in hypertrophic…
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Did The CIA Create Bitcoin?
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Real Satoshi Nakamoto’s identityThe creator of Bitcoin has remained a mystery despite a decade and a half since its inception. It has become the best-kept secret in the cryptocurrency world, leading to various theories about who the creator might be. Many theories have pointed to prominent figures, with software developer…
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Did The CIA Create Bitcoin?
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Real Satoshi Nakamoto’s identityThe creator of Bitcoin has remained a mystery despite a decade and a half since its inception. It has become the best-kept secret in the cryptocurrency world, leading to various theories about who the creator might be. Many theories have pointed to prominent figures, with software developer…
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Morrisons tests raising freezer temperatures to cut energy costs and emissions
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Morrisons is trialling an innovative approach to saving energy and cutting costs by raising the temperature of its fridge freezers by 3 degrees Celsius. The move represents the first deviation by a UK supermarket from the industry standard, which has remained unchanged for almost a century. The Bradford-based retailer will…
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Why it’s tough to make the ‘hero trade’ here
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Nasdaq Weekly This is a good place to jump into a lot of things. There are plenty of times when strong hands intervene in the market; the economy isn’t that bad, there’s no financial crisis, and companies are still making money. The Fed is lagging behind, but it has more…
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Genesis concludes bankruptcy with $4b creditor payout
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Genesis Global and its subsidiaries have begun making $4 billion in payments to creditors after completing the restructuring process. According to a statement released on August 2, crypto lending company Genesis Global I started Paying off debts of more than 100,000 creditors after declaring bankruptcy in January 2023. Recovery rates…
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Imperial Oil remains confident in renewable diesel project; construction progresses
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Breadcrumbs Path Links BMW PMN Business BMN Energy Company Article author: Canadian Press Amanda Stevenson Published on August 2, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. The Imperial Oil logo is seen at…
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Nasdaq on course to confirm correction as recession fears mount By Reuters
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By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks fell for a second straight session on Friday, confirming a slide into correction territory after a weak jobs report raised concerns about an impending recession. Nonfarm payrolls increased by 114,000 jobs last month, the Labor Department said, well below the 175,000…
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Solana’s Failed Transaction Clarified By Market Expert, Here’s What To Know
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As the Solana blockchain saw a spike in failed transactions in April, due to Memcoin MadnessMany community members were not entirely sure about the network. However, Marty Bartee, host of Crypto Traders Club Space, shed light on the issue of failed transactions on the Solana blockchain, addressing widespread concerns among…