Author: Investor Empires

  • Dollar climbs after Fed decision while pound slides as BoE cuts rates By Reuters

    By Harry Robertson, Sruthi Shankar and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar rose on Thursday after falling the previous day as central banks continued to roil currency markets, while sterling fell to a four-week low after the Bank of England cut interest rates from a 16-year high. The dollar…

  • Telegram Browser Unveiled For Exciting Web3 Experiences

    Source: Telegram Telegram, the popular crypto-friendly cloud messaging platform, has taken a major step in expanding its offerings by introduction A new and innovative in-app browser. This innovative feature not only supports traditional websites, but also includes the decentralized web, known as “TON Sites,” making it accessible to Telegram’s massive…

  • Telegram Browser Unveiled For Exciting Web3 Experiences

    Source: Telegram Telegram, the popular crypto-friendly cloud messaging platform, has taken a major step in expanding its offerings by introduction A new and innovative in-app browser. This innovative feature not only supports traditional websites, but also includes the decentralized web, known as “TON Sites,” making it accessible to Telegram’s massive…

  • Bank of England cuts interest rates to 5% in first reduction since 2020

    The Bank of England has cut interest rates for the first time in more than four years, providing much-needed relief to millions of homeowners and families still struggling with the high cost of living. In a controversial decision announced at midday, the nine-member Monetary Policy Committee voted 5-4 to cut…

  • US stocks open with gains in the major indices. Meta Platforms beats and soars

    US stocks opened with gains in major indexes. Meta Platforms also outperformed and provided positive guidance. Shares are trading up over 9% at the open. The current market picture shows the following: The Dow Jones Industrial Average is trading up 227.75 points, or 0.54%, at 41,065.58. The S&P 500 rose…

  • Web3 wallet Best Wallet unveils airdrop giveaway with BEST token rewards

    Disclosure: This content is provided by a third party. Crypto.news does not endorse any product mentioned on this page. Users should do their own research before taking any actions related to the company. Best Wallet launches BEST token distribution with exciting tasks and rewards; users can gain eligibility by completing…

  • Web3 wallet Best Wallet unveils airdrop giveaway with BEST token rewards

    Disclosure: This content is provided by a third party. Crypto.news does not endorse any product mentioned on this page. Users should do their own research before taking any actions related to the company. Best Wallet launches BEST token distribution with exciting tasks and rewards; users can gain eligibility by completing…

  • Hertz stock falls 7% on wider-than-expected Q2 loss, revenue miss By Investing.com

    Hertz Global Holdings (OTC:), Inc. (HTZ) announced its financial results for the second quarter of 2024 on August 1, 2024. HTZ reported revenue of $2.4 billion in the second quarter, slightly below analyst estimates of $2.47 billion. This represents a 3% increase year-over-year compared to $2.437 billion in the second…

  • New Addresses Up 35% Since June Low

    On-chain data shows that the Bitcoin network is finally seeing a significant influx of new users after hitting multi-year lows earlier this year. New Bitcoin addresses have reversed direction since June lows According to data from market intelligence platform In the massBitcoin has been seeing a growth in the number…

  • Elbit wins $340m Israeli MoD ammunition deal

    Israeli defense technology company Elbit Systems Ltd. (NASDAQ: ESLT; level:ESLTElbit Systems announced today that it has been awarded a contract worth approximately $340 million to supply ammunition to the Israeli Ministry of Defense. The contract will be executed over a period of 10 years. Elbit Systems will establish a manufacturing…

  • Dollar steadies after Fed-inspired losses; sterling weak ahead of BOE By Investing.com

    The U.S. dollar edged higher in early European trade on Thursday, recovering from heavy losses in the previous session after the Federal Reserve opened the door to a September interest rate cut, while sterling fell ahead of the Bank of England’s latest policy meeting. At 05:45 ET (09:45 GMT), the…

  • Bitcoin Hashrate Hits New All-Time Highs

    according to Bitcoin Pro MagazineBitcoin’s 7-day average mining hashrate hit an all-time high, surpassing 667 exahashes per second (EH/s) on July 26 during Bitcoin Conference 2024This number exceeds the previous record of 657 EH/s, which was set on May 26. the Hash rate It refers to the total computational power…

  • Bitcoin Hashrate Hits New All-Time Highs

    according to Bitcoin Pro MagazineBitcoin’s 7-day average mining hashrate hit an all-time high, surpassing 667 exahashes per second (EH/s) on July 26 during Bitcoin Conference 2024This number exceeds the previous record of 657 EH/s, which was set on May 26. the Hash rate It refers to the total computational power…

  • Etsy maintains rating and stock target amid solid quarter By Investing.com

    On Thursday, BTIG maintained a Buy rating on Etsy (NASDAQ:) shares with a $78.00 price target, following the company’s quarterly report that delivered better-than-expected Q2 results and gross merchandise sales (GMS) guidance that met analysts’ expectations. Etsy shares have risen 10% in the past month, and the company believes its…

  • Daily Broad Market Recap – July 31, 2024

    The last trading day of the month was a busy one for data traders as they priced in new updates from around the world. What headlines have moved major assets in recent trading sessions? We have a list for you: headlines: Price movement in the broad market: Dollar Index, Gold,…

  • Bitwise CIO On Bitcoin: ‘We’re Not Bullish Enough’

    Matt Hogan, Bitwise’s chief investment officer, claims in a new statement: note For investors after the Bitcoin 2024 conference, the market may not be optimistic enough about the future of Bitcoin. The conference was a watershed moment that attracted massive political attention and could have a major impact on the…

  • Bitwise CIO On Bitcoin: ‘We’re Not Bullish Enough’

    Matt Hogan, Bitwise’s chief investment officer, claims in a new statement: note For investors after the Bitcoin 2024 conference, the market may not be optimistic enough about the future of Bitcoin. The conference was a watershed moment that attracted massive political attention and could have a major impact on the…

  • 1 Growth Stock Down 33% to Buy Right Now

    Between disappointing quarterly results, lower guidance, and a few recent cuts, Ulta Beauty (NASDAQ: ULTA) This investment is not very interesting at the moment. The stock has fallen 33% from its February high to its lowest level in two years, precisely because the market has lost hope. But as the…

  • Dollar pushes back against post-Fed losses

    In particular, the EUR/USD pair is starting to call for a technical break to the downside now: EUR/USD Daily Chart The pair is down 0.4% at 1.0785 currently, threatening to break the 1.0800 level and especially its 100-day moving average (red line) at 1.0792. Today’s decline sees the price now…

  • Tesla Will Lose Money On Bitcoin Purchase

    Source: cryptoslate Veteran investor and Bitcoin critic Peter Schiff didn’t hesitate to talk about Tesla’s decision to invest in the leading cryptocurrency. In a candid interview, Posted on social mediaSchiff congratulated Musk on his recent acquisition of X (formerly Twitter), but inadvertently mentioned Bitcoin instead of X. This Freudian slip,…