Author: Investor Empires

  • China’s Politburo holds meeting to set out economic priorities for H2 2024

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • US govt moves $2b worth of Bitcoin after Trump’s ‘no sell’ speech

    Bitcoin fell slightly on Monday after the U.S. government moved a large amount of bitcoin from its Silk Road cryptocurrency hoard. Data from Arkham show up The US government sent nearly $2 billion worth of Bitcoin (BTC) to a new address. The transactions were made in two batches, worth $669…

  • Reeves’ tax raid spells ‘game over’ for North Sea oil and gas

    The North Sea is approaching an “endgame zone” after Rachel Reeves pushed through a widening tax raid on oil and gas companies. On Monday, the chancellor delivered on Labour’s election pledge to impose tougher taxes on oil companies by increasing the Energy Profits Tax. Reeves announced that the tax, originally…

  • India’s Adani Enterprises eyes first-ever public debt issue in coming weeks, sources say By Reuters

    By Bhakti Tambe MUMBAI (Reuters) – India’s Adani Enterprises, the flagship of the Adani group, plans to launch its first-ever public bond issue in the coming weeks to raise up to 6 billion rupees ($71.7 million), people familiar with the matter said on Tuesday. “The company has already filed a…

  • Bitcoin ETF Transformation: ARK/21Shares Integrates Chainlink’s PoR For Major Update

    In a recent move, the asset managers behind the ARK Bitcoin ETF (ARKB), 21Shares and Ark Investment, announced a partnership with the decentralized oracle network Chainlink to set a “new standard” for transparency and security in the world of cryptocurrencies. Symbolic assets. Chainlink to Prove ARKB Bitcoin ETF Reserves Through…

  • South Korea Taps US Trade Deal to Prevent Chip Spats with Japan

    Breadcrumbs Path Links PMN Business South Korea is seeking to play a bigger role in a U.S.-led trade pact in Asia aimed at stemming the risk of friction with Japan that has affected global semiconductor supply chains. Article author: Published on July 30, 2024 • Read for 3 minutes You…

  • Asia FX muted with yen steady ahead of BOJ; dollar gains before Fed By Investing.com

    Most Asian currencies remained in a narrow range on Tuesday amid caution ahead of a series of economic signals this week, with the yen steady amid uncertainty over a potential interest rate hike by the Bank of Japan. The dollar recovered slightly as expectations of a Federal Reserve meeting grew,…

  • Here’s Why ETH Could Skyrocket to $15,000 Soon

    Ethereum, the second-largest cryptocurrency by market capitalization, has started to show signs of an upward trajectory. In particular, according to ideas From CoinSignals, a prominent cryptocurrency analysis platform, it appears that the price of Ethereum is poised for a major price surge. The platform suggests that Ethereum’s value could rise…

  • Here’s Why ETH Could Skyrocket to $15,000 Soon

    Ethereum, the second-largest cryptocurrency by market capitalization, has started to show signs of an upward trajectory. In particular, according to ideas From CoinSignals, a prominent cryptocurrency analysis platform, it appears that the price of Ethereum is poised for a major price surge. The platform suggests that Ethereum’s value could rise…

  • Camtek jumps on new order from tier-1 chipmaker

    Camtek CEO Rafi Amit Credit: Raanan Tal ICL Buys US Custom Ag Formulators for $60 Million Approval of a reduction in home purchase tax for new immigrants The Israeli company announced today that it has received orders worth over $25 million from a top-tier manufacturer specializing in high-bandwidth memory (HBM).…

  • Daily Broad Market Recap – July 29, 2024

    A lack of data releases kept traders on the sidelines on Monday, leading to volatile price movements for most major assets. What headlines dominated the news agencies anyway? headlines: during the Weekend, British Chancellor of the Exchequer Rachel Reeves Beware ofMaking tough decisions about spending, social care, and taxes“After reviewing…

  • Are users paying for the exchange’s failures?

    Is WazirX prioritizing its survival over user security through its “social loss strategy,” and how does this impact the Indian crypto community? On July 18, WazirX, India’s largest cryptocurrency exchange, suffered a major cyberattack. Hackers targeted one of its multi-signature wallets and stole over $230 million worth of digital assets.…

  • US-Philippines engagements help with ‘agile’ responses to China, says Marcos By Reuters

    By Simon Lewis and Karen Lima MANILA (Reuters) – Philippine President Ferdinand Marcos Jr. told U.S. Secretaries of State Antony Blinken and Lloyd Austin on Tuesday that regular communication between Manila and Washington is needed to ensure “agile” responses to maritime tensions between his country and China. The Philippines, a…

  • US-Philippines engagements help with ‘agile’ responses to China, says Marcos By Reuters

    By Simon Lewis and Karen Lima MANILA (Reuters) – Philippine President Ferdinand Marcos Jr. told U.S. Secretaries of State Antony Blinken and Lloyd Austin on Tuesday that regular communication between Manila and Washington is needed to ensure “agile” responses to maritime tensions between his country and China. The Philippines, a…

  • 5 reasons the Bank of Japan should be wary of hiking rates this week

    Via Scotia, Preview Comments on What to Expect from the Bank of Japan. Of the 46 consensus forecasters, only 9 expect a rate hike. Markets are pricing in a 10 basis point rate hike, which has been around 70% with pricing around 7 basis points. The argument for raising interest…

  • XRP Price Moves Against The Market, Where Is It Headed Next?

    Ripple currency It has shown strong bullish signals recently, leading analysts to predict a possible prices dropGiven its recent price movements, market experts are now predicting which direction the XRP price might head in this bullish trend. XRP is poised for a massive surge JackTheRippler, a cryptocurrency analyst and longtime…

  • XRP Price Moves Against The Market, Where Is It Headed Next?

    Ripple currency It has shown strong bullish signals recently, leading analysts to predict a possible prices dropGiven its recent price movements, market experts are now predicting which direction the XRP price might head in this bullish trend. XRP is poised for a massive surge JackTheRippler, a cryptocurrency analyst and longtime…

  • High-Flying QXO Erases $36 Billion in Paper Value in Minutes

    (Bloomberg) — QXO Inc., which boasted an implied valuation of more than $90 billion at one point last week, hurt some investors late Monday when its thinly traded shares fell sharply. Most Read from Bloomberg Shares of the investment firm built by Brad Jacobs plunged 81% to $11.25 each in…

  • Judge won’t require monitor for NRA, bans ex-chief LaPierre for 10 years By Reuters

    By Jonathan Stempel NEW YORK (Reuters) – A New York state judge ruled against imposing an outside monitor on the National Rifle Association, handing the gun rights group a victory while barring its former president, Wayne LaPierre, from serving as an officer or director of the group for 10 years.…

  • Bitcoin Analyst Predicts Super Cycle With A Target Of $220,000, But This Must Happen First

    Following the much-anticipated Bitcoin 2024 conference in Nashville, Tennessee over the weekend, a noticeable surge in positive market sentiment pushed the price of Bitcoin to a one-month high of $70,000 on Monday. Analysts are now looking at the possibility of an extended supercycle, with market expert Dr. Profit suggesting that…