Author: Investor Empires
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Inheritance tax receipts hit £2.1 billion in three months
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Figures released by HMRC this morning showed inheritance tax revenues hit £2.1 billion between April and June in the 2024/25 tax year. This is £83m more than the same period last year, continuing a two-decade trend of increased revenues. The previous full tax year saw total inheritance tax revenues of…
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Investors count on earning to calm $900 billion US tech rout By Reuters
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By Louis Krauskopf NEW YORK (Reuters) – With earnings season in full swing, bullish investors are hoping strong corporate results will halt a slide in technology stocks that has slowed U.S. stocks this year. The S&P 500 technology sector has fallen about 6% in just over a week, losing about…
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Bitzlato Founder Sentenced to Prison for Facilitating Money Laundering
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On July 18, Judge Eric Vitaliano sentenced the founder of cryptocurrency exchange Pizzalato to 18 months in prison, time he has already served, for running an unlicensed money transfer business. Anatoly Legkodimov pleaded guilty last year to running an operation that facilitated the concealment of more than $700 million in…
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Bitzlato Founder Sentenced to Prison for Facilitating Money Laundering
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On July 18, Judge Eric Vitaliano sentenced the founder of cryptocurrency exchange Pizzalato to 18 months in prison, time he has already served, for running an unlicensed money transfer business. Anatoly Legkodimov pleaded guilty last year to running an operation that facilitated the concealment of more than $700 million in…
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ESE Completes Sale of Minority Interest in GameAddik
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Article Content The sale marks the completion of ESE’s sale of GameAddik for $13 million after selling an initial 70% stake last year. VANCOUVER, British Columbia, July 19, 2024 (GLOBE NEWSWIRE) — ESE Entertainment Company (TSXV: ESE) (OTCQX: ENTEF) (“who“or the”a company“, a gaming and esports company that provides a…
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Global Market Weekly Recap: July 15 – 19, 2024
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Market correlations were a bit mixed this week, suggesting that major assets were mostly moving to their own rhythms. Traders were also likely struggling to balance different themes and stories, including mixed interest rate cut speeches from Fed members, weaker-than-expected global economic activity data, and geopolitical headlines. US stock indices…
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Here’s Why The Shiba Inu Price Plunged 10% To $0.000017 Despite The Bitcoin Recovery
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The price of Shiba Inu has recently declined despite the recovery of the Bitcoin and cryptocurrency market. This decline is linked to a number of developments that shook the price of the meme coin, and as a result, caused its price to drop by about 10% to test a new…
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Here’s Why The Shiba Inu Price Plunged 10% To $0.000017 Despite The Bitcoin Recovery
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The price of Shiba Inu has recently declined despite the recovery of the Bitcoin and cryptocurrency market. This decline is linked to a number of developments that shook the price of the meme coin, and as a result, caused its price to drop by about 10% to test a new…
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Buildots to cut delays on construction of Intel plants
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Israeli startup BuildsIntel, which develops software to help real estate companies manage construction and monitor progress, has been hired by Intel’s construction division to improve the pace of new construction and warn of potential delays, a source familiar with the matter told Globes. The deal is estimated to be worth…
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Oil had a rough finish to the week: Closes at the lowest since June 14
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Crude oil WTI daily The oil market has been in a tough spot. The macroeconomic situation is deteriorating, hopes for Chinese stimulus are fading, and all the data from Russia and OPEC are pointing to a surprise drop in exports. This has led to a real push and pull in…
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Trump Calls Bitcoin Experience ‘Eye Opening’: ‘It’s Not Going Away’
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Former US President Donald Trump has become an outspoken supporter of Bitcoin, marking a stark shift from his previous skepticism about Bitcoin and cryptocurrencies. In a recent interview with Bloomberg BusinessweekTrump has stressed that Bitcoin is “not going away” and wants the United States to lead innovation in Bitcoin and…
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Acelyrin director Becker sells a single share for compliance reasons By Investing.com
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According to a recent filing with the U.S. Securities and Exchange Commission, Daniel J. Baker, director of ACELYRIN, Inc. (NASDAQ:ACLY), sold one share of the company’s common stock on July 17, 2024, for $6.86. The transaction was executed at $6.86 per share, which was the closing market price on the…
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Acelyrin director Becker sells a single share for compliance reasons By Investing.com
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According to a recent filing with the U.S. Securities and Exchange Commission, Daniel J. Baker, director of ACELYRIN, Inc. (NASDAQ:ACLY), sold one share of the company’s common stock on July 17, 2024, for $6.86. The transaction was executed at $6.86 per share, which was the closing market price on the…
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Traders eye return to business as usual after cyber outage, issues remain By Reuters
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LONDON/NEW YORK (Reuters) – Trading returned to normal on Friday after a global technology outage that disrupted operations at financial firms from London to Singapore and New York, although some problems remained, including an outage at some JPMorgan Chase ATMs. A software update has wreaked havoc on computer systems worldwide,…
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MATIC Targets $0.5030 As Bearish Pressure Halts Recent Uptrend
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Recent trading activity has sent MATIC price lower, targeting the $0.5030 level, after a period of strong upward momentum that was disrupted by bearish pressures. This sudden drop, driven by growing bearish sentiment in the market, has sparked speculation among traders and investors about whether the $0.5030 support level will…
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S&P 500, Nasdaq post sharpest weekly losses since April amid tech rout
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U.S. stocks fell on Friday as more details emerged about a global IT outage and major averages failed to recover from a selloff that saw the Dow Jones snap a winning streak. The S&P 500 (^GSPC) fell 0.7%, while the tech-heavy Nasdaq Composite (^IXIC) fell 0.8%. Both the Nasdaq and…
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S&P 500, Nasdaq post sharpest weekly losses since April amid tech rout
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U.S. stocks fell on Friday as more details emerged about a global IT outage and major averages failed to recover from a selloff that saw the Dow Jones snap a winning streak. The S&P 500 (^GSPC) fell 0.7%, while the tech-heavy Nasdaq Composite (^IXIC) fell 0.8%. Both the Nasdaq and…
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Forexlive Americas FX news wrap: Something of a ‘sell everything’ day
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Markets: US Dollar Advances, NZD Lags West Texas Intermediate crude oil fell $2.53 to $80.29 a barrel. US 10-year Treasury yields rise 5.3 basis points to 4.24% Gold falls $46 to $2,399 S&P 500 down 0.7% There’s nowhere to hide today as stocks, bonds, commodities and precious metals all plunge.…
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BlockFi To Facilitate Customer Asset Withdrawals Through Coinbase Partnership
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The cryptocurrency industry has faced significant challenges in recent times, with the collapse of prominent players like FTX shaking the confidence of investors and users alike. Amidst this turbulent landscape, BlockFiAmazon, once a thriving cryptocurrency lending company, has found itself in the throes of bankruptcy proceedings. However, the company has…
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BlockFi To Facilitate Customer Asset Withdrawals Through Coinbase Partnership
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The cryptocurrency industry has faced significant challenges in recent times, with the collapse of prominent players like FTX shaking the confidence of investors and users alike. Amidst this turbulent landscape, BlockFiAmazon, once a thriving cryptocurrency lending company, has found itself in the throes of bankruptcy proceedings. However, the company has…