Author: Investor Empires
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Senator Cynthia Lummis Announces Bill for US To Buy 1 Million Bitcoin
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Senator Cynthia Lummis (R-Wyoming) has announced plans to introduce legislation that would direct the U.S. government to hoard 1 million bitcoins, which would be worth more than $68 billion at current prices. Occur in Bitcoin Conference 2024 In Nashville, Loomis said the bill would allow the U.S. Treasury to buy…
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Gasoline prices in Israel to fall Wed night
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The Israeli Ministry of Energy and Infrastructure announced that the maximum price of government-controlled 95-octane gasoline at self-service stations in Israel will be reduced as of midnight on Wednesday, August 1, by 0.08 shekels per liter to 7.48 shekels per liter. The Israeli Ministry of Energy and Infrastructure announced that…
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Hedge funds make massive retreat from short yen positions, UBS says By Reuters
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Written by Summer Chen HONG KONG (Reuters) – Global hedge funds have largely pulled back from their bearish bets on the Japanese yen during the currency’s strong rally against the U.S. dollar over the past two weeks, according to a note to clients by UBS seen by Reuters on Tuesday.…
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Bitcoin Open Interest Taps New $39.5 Billion ATH, What’s Next For Price?
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Bitcoin’s open interest is a good indicator of how investors view the cryptocurrency and the bets they are making. That’s why hitting an all-time high is such a big deal, and it has huge implications for the market. Once again, Bitcoin’s open interest has hit a new record high, and…
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Bitcoin Open Interest Taps New $39.5 Billion ATH, What’s Next For Price?
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Bitcoin’s open interest is a good indicator of how investors view the cryptocurrency and the bets they are making. That’s why hitting an all-time high is such a big deal, and it has huge implications for the market. Once again, Bitcoin’s open interest has hit a new record high, and…
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Web Attacks Targeting Applications and APIs Up by 49% in the Last Year By Investing.com
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Akamai has recorded over 26 billion attacks on applications and APIs in June 2024 Cambridge, Massachusetts., July 30, 2024 /PR Newswire/ — Akamai Technologies (NASDAQ:AKAMAI), Inc. Akamai (NASDAQ: AKAM), the cloud computing company that powers and protects life online, today released a new State of the Internet (SOTI) report that…
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USDCAD Technical Analysis – We are at a key resistance level
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Basic Overview The US dollar has been steadily rising against most major currencies over the past two weeks, although the catalyst behind the move has been unclear. One good argument is that most of the moves we have seen over the past 10 days have been driven by debt relief…
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Bitcoin Price Falls Below $66,000
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The cryptocurrency market has recently seen a sharp volatility, with Bitcoin (BTC) seeing a significant drop below the $66,000 level. This sudden drop has investors worried, prompting them to look for possible reasons behind the move in the Bitcoin news market. Two major factors have emerged as potential drivers of…
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Bitcoin Price Falls Below $66,000
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The cryptocurrency market has recently seen a sharp volatility, with Bitcoin (BTC) seeing a significant drop below the $66,000 level. This sudden drop has investors worried, prompting them to look for possible reasons behind the move in the Bitcoin news market. Two major factors have emerged as potential drivers of…
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3 Stocks I Plan to Double Down On If the Stock Market Plunges
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Almost two years ago, the markets were in a frenzy on Wall Street. And the markets have been in a frenzy ever since. Dow Jones Industrial Average (DJI: ^DJI)standard Standard & Poor’s 500 (SNPINDEX: ^GSPC)and nutritious growth Nasdaq Composite (NASDAQ: ^IXIC) Prices bottomed out in October 2022, but have all…
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Apple used Google chips to train AI models
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Apple Inc. has used chips designed by Google instead of those by industry leader Nvidia for two key components of its artificial intelligence software infrastructure, reports revealed Tuesday, citing the iPhone maker’s latest research paper. Despite the dominance of Nvidia, which controls about 80% of the market, along with chips…
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Hong Kong’s HashKey makes strategic investment in Catizen.AI’s publisher
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HashKey’s crypto venture capital arm has announced a strategic investment in Pluto Studio, the publishing platform behind the Telegram-based game Catizen.AI. HashKey Capital, the venture capital arm of Hong Kong-based cryptocurrency company HashKey, has backed Pluto Studio, the publishing platform behind the Telegram-based game Catizen.AI, with a “strategic investment” in…
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Hong Kong’s HashKey makes strategic investment in Catizen.AI’s publisher
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HashKey’s crypto venture capital arm has announced a strategic investment in Pluto Studio, the publishing platform behind the Telegram-based game Catizen.AI. HashKey Capital, the venture capital arm of Hong Kong-based cryptocurrency company HashKey, has backed Pluto Studio, the publishing platform behind the Telegram-based game Catizen.AI, with a “strategic investment” in…
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European markets mixed as economic indicators hit (EUR:USD)
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da-kuk/E+ via Getty Images London (UKX) -0.53% Germany (DAX:IND) +0.27% Germany’s GDP shrinks by 0.10% in Q2 France (CAC:IND) +0.32% France’s GDP grows 0.3% in Q2 Spain’s GDP grows 0.8% in Q2, inflation falls to 2.8% The Czech Republic’s GDP grew by 0.3% in the second quarter. Producer prices in…
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Dollar, yen hold tight ranges as market braces for BOJ, Fed By Reuters
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By Brigid Riley TOKYO (Reuters) – The dollar and yen held within close ranges on Tuesday as traders awaited major central bank decisions, starting with midweek policy meetings from the Bank of Japan and the Federal Reserve, that could set the tone for the coming weeks. The Japanese currency took…
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Dems Could Sell Off All Bitcoin To Thwart Trump’s Plan: Experts
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In what could be a highly politically charged move, the US Democratic Party orchestrated the transfer of 29,800 bitcoins, worth nearly $2 billion, to a newly created address on Monday. The development, first reported by crypto intelligence platform Arkham, has not only stunned the market but also sparked considerable speculation…
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Millennial entrepreneur and podcaster Dan Murray-Serter, behind a £35 million supplements startup wishes he could tell his 20-year-old self to ‘sack off NFTs’
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What would you do if you had a six-figure salary? You’d probably never cook another meal or enjoy a monthly Thai massage and a Soho House membership to relieve the stress of being at your best. Here at The Good Life, you no longer have to imagine what life at…
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Chart Art: Trend Continuation Trade On S&P 500 Index?
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US stock index S&P 500 tests technical support area ahead of key data releases this week! Will this week’s events contribute to extending the index’s upward trend? Or are the bears preparing for a hard landing? S&P 500 (SPX500) Daily Chart by TradingView A combination of concerns about global growth,…
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$25 Million Drained From Compound (COMP) Treasury In Latest Governance Exploit Incident
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$25 million was drained from the Compound Finance (COMP) treasury in a recent governance attack, raising concerns about the state of decentralized governance in Decentralized Finance (DeFi) Ecosystem. DAO complex hijacked According to DeFi researcher Ignas said the attack began with an initial proposal to give away 92,000 COMP tokens,…
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Jacob Juma widow loses bid to stop eviction from Loresho land
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The widow of late businessman Jacob Juma has failed to persuade an appeals court to block her eviction from a controversial property in Nairobi’s Loresho area. A three-judge panel of the Court of Appeal dismissed Ms Miriam Juma’s application, saying they were not satisfied that her appeal would be in…