Author: Investor Empires
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Russia Legalizes Bitcoin And Crypto for International Trade To Bypass Sanctions
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In a significant legislative move, Russian lawmakers have passed a bill that would allow companies to use Bitcoin and other cryptocurrencies in international trade, according to a report by ReviewersThe development comes as part of Russia’s strategy to circumvent Western sanctions imposed in the wake of its invasion of Ukraine.…
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Nvidia sinks despite possible catalyst from SIGGRAPH
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David Baker/Getty Images News Nvidia (NASDAQ: NVDA) decreased by 6% By midday trading Tuesday, despite product announcements, partnerships, and expanded capabilities for generative AI unveiled this week at SIGGRAPH 2024. Nvidia is now down about 20% Since July 10. The stock is hovering above Its 100-day moving average is $103.66.…
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EURUSD falls below 200 day MA but finds support buyers near the 100 day MA
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The EUR/USD pair fell below the 200-day moving average at 1.08173, preceded by an extension of the decline on the back of a technical breakout. However, once the price reached the 200-bar moving average on the 4-hour chart and the 100-day moving average between 1.07946 and 1.07994, buyers stopped the…
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Analyst Identifies Bullish Pattern That Can Send XRP Price To New Highs
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Scott Matherson is a senior crypto writer at NewsBTC, with a knack for capturing the pulse of the market, covering pivotal shifts, technological advances, and regulatory changes with precision. Having witnessed the evolving crypto landscape firsthand, Scott is able to analyze complex crypto topics and present them in an accessible…
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How to watch, stream Simone Biles and Day Four of the 2024 Olympics live online free without cable, on NBC
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Simone Biles has dominated gymnastics for nearly a decade, but she hasn’t won an Olympic gold medal since Rio 2016. That could end Tuesday when Biles and the U.S. women’s team enter the artistic gymnastics finals. Biles’s final and the women’s final are undoubtedly the highlight of a busy day…
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US agency puts onus on Amazon for sale of hazardous third-party products By Reuters
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Amazon.com Inc is liable for dangerous products sold by third-party sellers on its platform under federal safety law and bears legal responsibility for recalling them, the U.S. consumer watchdog said Tuesday. The Consumer Product Safety Commission said it has ordered the e-commerce giant to propose remedial plans to notify consumers…
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El Salvador Suggests Crypto Payments For Trade With Russia
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In a bold move to navigate a complex web of global sanctions and financial restrictions, El Salvador has emerged as a pioneer in the world of crypto diplomacy. The Latin American nation, known for its pioneering adoption of Bitcoin as legal tender, has now set its sights on forging a…
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Lawmakers shine spotlight on Sh400bn State service fees
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Government agencies, which collect about Sh400 billion annually in fees for government services, are facing increasing scrutiny over changes proposed by lawmakers aimed at improving accountability in spending public funds. A committee report submitted to the National Assembly has referred to a change in the law governing how ministerial allocations…
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Macquarie bullish on USD into 2025 should Trump win By Investing.com
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Investing.com — Over the past month, major changes in U.S. policy have shifted market expectations, going beyond the Federal Reserve’s impact on the U.S. dollar. Initially, the U.S. dollar appeared to have peaked, especially as U.S. economic data slowed and the Fed prepared for an easing cycle. The US presidential…
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TON ecosystem game ‘Banana’ reaches 1M users in 72 Hours
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Banana, an idle game within the TON ecosystem, has reached 1 million users in less than 72 hours. Players have completed 2.9 million in-game quests and connected 580,000 social accounts to the game. This rapid and massive adoption highlights its appeal to both Web2 and Web3 players. What is a…
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TON ecosystem game ‘Banana’ reaches 1M users in 72 Hours
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Banana, an idle game within the TON ecosystem, has reached 1 million users in less than 72 hours. Players have completed 2.9 million in-game quests and connected 580,000 social accounts to the game. This rapid and massive adoption highlights its appeal to both Web2 and Web3 players. What is a…
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TON ecosystem game ‘Banana’ reaches 1M users in 72 Hours
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Banana, an idle game within the TON ecosystem, has reached 1 million users in less than 72 hours. Players have completed 2.9 million in-game quests and connected 580,000 social accounts to the game. This rapid and massive adoption highlights its appeal to both Web2 and Web3 players. What is a…
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TON ecosystem game ‘Banana’ reaches 1M users in 72 Hours
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Banana, an idle game within the TON ecosystem, has reached 1 million users in less than 72 hours. Players have completed 2.9 million in-game quests and connected 580,000 social accounts to the game. This rapid and massive adoption highlights its appeal to both Web2 and Web3 players. What is a…
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McDonald’s global sales drop for the first time in four years as cost of living impacts consumer choices
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McDonald’s global sales fell for the first time in nearly four years, falling 1% in the second quarter as consumers tired of inflation opted to eat at home or opt for cheaper menu options. The company expects same-store sales to continue to decline over the next few quarters, and is…
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McDonald’s global sales drop for the first time in four years as cost of living impacts consumer choices
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McDonald’s global sales fell for the first time in nearly four years, falling 1% in the second quarter as consumers tired of inflation opted to eat at home or opt for cheaper menu options. The company expects same-store sales to continue to decline over the next few quarters, and is…
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Is the gilt market sniffing out a Bank of England rate cut this week?
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2 year uk bond yields What does this chart say? UK two-year gilt yields fell 3.3 basis points today, the sixth straight day of declines. The move comes ahead of the Bank of England’s interest rate decision on Thursday, with interest rate markets pricing in a 60% chance of a…
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Is the gilt market sniffing out a Bank of England rate cut this week?
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2 year uk bond yields What does this chart say? UK two-year gilt yields fell 3.3 basis points today, the sixth straight day of declines. The move comes ahead of the Bank of England’s interest rate decision on Thursday, with interest rate markets pricing in a 60% chance of a…
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Solana, Cardano Dropped As Securities In SEC Binance Update
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The U.S. Securities and Exchange Commission (SEC) has issued an average Binance has filed a complaint against it, bringing very positive news for Solana (SOL) and Cardano (ADA). The amendment includes a crucial change regarding the classification of ten cryptocurrencies, including Solana and Cardano, which were initially classified as securities…
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Canadian Red Cross announces financial assistance for people evacuated from Jasper due to wildfires in Alberta
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Article Content $750 will be provided to families evacuated from their primary residence in Jasper. OTTAWA, July 30, 2024 (GLOBE NEWSWIRE) — The Canadian Red Cross today announced it will provide $750 per household to people evacuated from their primary residence in Jasper, Alberta, to help individuals and families meet…
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Sysco shares climb 2% on strong Q4 results By Investing.com
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HOUSTON – Sysco Corporation (NYSE: NYSE:), a leading global food distribution company, today reported modest earnings and revenue beats for the fourth fiscal quarter ended June 29, 2024. The company reported adjusted earnings per share of $1.39, narrowly beating analysts’ expectations of $1.38. Revenue for the quarter also rose slightly,…