Author: Investor Empires
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steady at $67k as weekend rally cools; US politics in focus By Investing.com
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Bitcoin rose slightly on Monday, stabilizing after a sharp rally over the weekend as President Joe Biden’s abandonment of his re-election bid increased uncertainty over the U.S. political outlook. The world’s largest cryptocurrency has surged in recent sessions amid growing bets that Republican front-runner Donald Trump, who has offered a…
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Solana Price Could Skyrocket 900% As Analyst Identifies Bullish Chart Pattern
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Solana’s price has been on a spectacular rise in recent weeks, returning to over $170 to close out a positive seven-day period for the market. Interestingly, the altcoin looks set for an even bigger move, according to a popular crypto analyst on the X platform. SOL Price Could Soar 900%…
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Wall Street in measured mood as Biden bows out
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A look at the day ahead in European and global markets from Wayne Cole. The day began with the unexpected news that President Joe Biden had dropped out of the race, and the market reaction so far has been muted. Wall Street futures have become more stable, bond yields have…
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Asia FX weak, dollar edges lower after Biden drops presidential bid By Investing.com
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Investing.com – Most Asian currencies were steady on Monday after an unexpected interest rate cut in China provided some cheer, while the dollar fell after President Joe Biden said he would not seek re-election. Biden has endorsed Vice President Kamala Harris, who is now likely to face Republican front-runner Donald…
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XRP Price Eyes Upside Break: Will The Gains Keep Rolling?
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XRP price started rising from the $0.540 area. The price is now rising and targeting an upside breakout above the $0.600 resistance area. XRP price started a fresh rally above the $0.580 area. The price is now trading above the 0.580 level and the 100-hour simple moving average. There is…
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XRP Price Eyes Upside Break: Will The Gains Keep Rolling?
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XRP price started rising from the $0.540 area. The price is now rising and targeting an upside breakout above the $0.600 resistance area. XRP price started a fresh rally above the $0.580 area. The price is now trading above the 0.580 level and the 100-hour simple moving average. There is…
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Woodside Energy to buy Driftwood LNG developer Tellurian in $1.2B deal (NYSE:TELL)
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Sky_Blue/iStock via Getty Images Woodside Energy (WDS) said late Sunday it has agreed to acquire liquefied natural gas developer Tellurian (NYSE:TELL) for $1.2 billion in cash, including debt. Woodside (WDS) said the acquisition of Tellurian (TELL), a developer of 27.6 million metric tons per annum The Driftwood LNG export project…
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Chart Art: WTI Crude Oil (USOIL) Triangle Breakout Retest Levels
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Did you miss the opportunity to breakout the triangle pattern on WTI crude oil? It is best to watch these Fibonacci retracement levels in case the price retests! Crude Oil WTI (USOIL) 4 hours Chart by TradingView It looks like crude oil has chosen a downward path on the triangle…
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Kamala Harris leads as Biden exits White House race: Political meme coins react
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Political meme coins have reacted to President Joe Biden’s decision to end his re-election bid in the 2024 US presidential election and endorse Vice President Kamala Harris as the Democratic nominee. Minutes after Biden’s announcement, the cryptocurrency market for political meme coins saw significant volatility. Kamala Horris Coin is up…
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Kamala Harris leads as Biden exits White House race: Political meme coins react
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Political meme coins have reacted to President Joe Biden’s decision to end his re-election bid in the 2024 US presidential election and endorse Vice President Kamala Harris as the Democratic nominee. Minutes after Biden’s announcement, the cryptocurrency market for political meme coins saw significant volatility. Kamala Horris Coin is up…
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World leaders praise Biden’s record after he quits presidential race
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World leaders have praised Joe Biden after the US president announced he would not run for re-election in November. He is the first president since 1968 to withdraw from the presidential race. Biden, 81, has been under intense pressure from senior Democratic figures to step down after a disastrous debate…
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CNH is lower to open the week after the PBOC cut rates
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The People’s Bank of China cut interest rates today: The People’s Bank of China announced cutting the 7-day reverse repurchase rate to 1.70% from 1.80%. The last seven-day federal funds rate cut was in August 2023, when it also cut the seven-day federal funds rate. None of them were cut…
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Kraken Becomes Official Crypto Partner of Tottenham Hotspur
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Leading cryptocurrency exchange Kraken has partnered with one of England’s most popular football clubs, Tottenham Hotspur. According to the official advertisementThe alliance has made Kraken the crypto, web3 and official sleeve partner of both the Tottenham Hotspur men’s and women’s teams ahead of the 2024/25 football season. Kraken Partners with…
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Payroll taxes grow by single digit despite higher payslip deductions
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Taxes on salaries, wages and benefits paid to workers rose by single digits in the fiscal year just ended, underscoring the tightness of the labor market as decent formal jobs shrink amid a freeze in wage increases in most sectors. The Kenya Revenue Authority (KRA) generated net payroll taxes of…
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Xpeng, Volkswagen set up project house to roll out new EV architecture By Reuters
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Chinese electric vehicle maker Xpeng (NYSE:) said Monday it has set up project houses for engineers in partnership with German automaker Volkswagen AG (OTC:) to accelerate the development of new electric vehicle architecture. The new facilities, to be built in the Chinese cities of Guangzhou and Hefei, will serve as…
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Dogecoin And Shiba Inu Whales Withdraw Millions From Robinhood
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Crypto whale transaction tracker Whale Alerts recently uncovered an interesting on-chain transaction involving popular meme coins. Shiba Inu And Dogecoin Along with the popular cryptocurrency exchange Robinhood. This transaction, which took place over the past 24 hours, involved the transfer of 800 million DOGE tokens and 2.7 trillion SHIB tokens,…
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China’s exports surge, pushing trade surplus to $99bn amid tariff threats
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China posted a record trade surplus of $99 billion last month, the highest in more than two decades, as it continued to drive export growth despite looming tariff threats from President Donald Trump. Official trade data for June showed an 8.6% increase in export volumes, beating economists’ expectations of 8%…
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China cuts 1 and 5 year loan prime rates by 10 basis points each
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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…
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Solana Leads Rally As Expectations For A Break Above $200 Grow
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Solana has recently captured the attention of market participants with Significant rise to $175The move has stunned investors and analysts alike. Solana is currently up 40% from its low of $123 earlier this month. The cryptocurrency’s strong bullish momentum has sparked optimism among traders and investors, who are now eagerly…