Author: Investor Empires
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Owlto Finance secures new funding at $150m valuation
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Cross-chain interoperability protocol Owlto Finance has raised fresh funds in a round backed by Matrixport, pushing its valuation to $150 million. Owlto Finance, an interchain interconnection service developed as an Ethereum Layer 2 stacking solution, has raised fresh capital in a funding round backed by Matrixport, raising its valuation to…
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Deutsche Bank upbeat on Spotify and Warner Music prospects By Investing.com
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Deutsche Bank on Wednesday expressed a positive outlook on market sentiment for Spotify (NYSE:SPOT) and Warner Music Group Corp. (NASDAQ:WMG) ahead of their upcoming earnings reports. The company highlighted continued strength in streaming and download numbers as the third quarter began, indicating strong demand across the industry. The bank noted…
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3 Tips to Help You Trade Larger Positions
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Whether we were playing around with our demo accounts or playing with a few dollars in our live accounts, it was never far from our minds that our accounts would be a huge success in the future. Unfortunately, many traders find it difficult to take the next step and trade…
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Commission-Free Trading for a New Financial Era
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(Press Release – Washington, United States, July 17, 2024) Ribmix announces Pre-sale Commission-Free RPX Tokens – The Native Token of the Cryptocurrency Exchange Market Ripmex is pleased to announce the presale of its innovative real-time gross settlement token, RPX. Designed to transform global currency exchanges, RPX facilitates secure and low-cost…
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Commission-Free Trading for a New Financial Era
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(Press Release – Washington, United States, July 17, 2024) Ribmix announces Pre-sale Commission-Free RPX Tokens – The Native Token of the Cryptocurrency Exchange Market Ripmex is pleased to announce the presale of its innovative real-time gross settlement token, RPX. Designed to transform global currency exchanges, RPX facilitates secure and low-cost…
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These Stock Winners Are ‘Strong Buys’ With More Room Left to Run
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Last year was a strong bull market, and so far this year stocks are continuing their winning streak. A quick look at the Nasdaq shows a 30% gain over the past 12 months, while the S&P 500 is up 25% over the same period. It’s an environment that has investors…
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The rotation trade continues to bite with chipmakers on the defensive
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This is one of the most unusual periods the markets have ever seen. It’s hard to pinpoint what’s happening, but consider the following: The Russell 2000 rose 12% in five days. According to John Authers, this move in the past 30 years has been surpassed only by the sudden spikes…
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Traders In The Money, Miners Find Relief
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After a turbulent six weeks that began in June, when Bitcoin’s value fell by more than 15%, the currency is making a comeback. As of this writing, prices continue to record highs, hovering above $62,000. Bitcoin gets rid of weakness According to one analyst, Signal According to metrics provided by…
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Traders In The Money, Miners Find Relief
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After a turbulent six weeks that began in June, when Bitcoin’s value fell by more than 15%, the currency is making a comeback. As of this writing, prices continue to record highs, hovering above $62,000. Bitcoin gets rid of weakness According to one analyst, Signal According to metrics provided by…
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Health insurer Elevance beats profit estimates on lower medical costs By Reuters
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By Sriparna Roy and Bhuyan Singh (Reuters) – Elevance Health Inc beat Wall Street estimates for quarterly profit on Wednesday as the company spent less than expected on covering medical costs for its members. Strength in the Carelon Healthcare Services unit, higher premiums and membership growth in Obamacare and commercial…
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BNB Price Rally Imminent? Trendline Break Could Ignite Surge To $635
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Currently, BNB price is trying to make an upward momentum move towards the ascending trend line. This upward move, which is the second attempt by the crypto asset after a successful break below the trend line, is generating optimism among traders and investors alike that a break above this line…
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Amazon CEO Andy Jassy: Hunger to learn determines career success
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How you respond when you’re told you need to improve your skills—even though you’ve been doing your job for years—will likely determine the trajectory of your career. At least, that’s what Amazon CEO Andy Jassy says. Of all the tech giants 16 Principles of Leadership In an article written by…
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Amazon CEO Andy Jassy: Hunger to learn determines career success
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How you respond when you’re told you need to improve your skills—even though you’ve been doing your job for years—will likely determine the trajectory of your career. At least, that’s what Amazon CEO Andy Jassy says. Of all the tech giants 16 Principles of Leadership In an article written by…
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Dollar slips, while yen soars on intervention talk, sterling gains after UK CPI By Investing.com
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Investing.com – The U.S. dollar fell to multi-month lows on Wednesday, while the Japanese yen rose sharply and sterling climbed to a one-year high after better-than-expected U.K. inflation data. At 05:40 ET (09:40 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down…
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Freezing Over $29 Million In USDT Linked To Cambodian Huione Group
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Tether, the world’s largest stablecoin issuer, has frozen a significant amount of USDT tokens tied to criminal activity. The recent freeze of 29.62 million USDT tokens tied to Cambodian conglomerate Huione Group’s escrow business highlights Tether’s proactive stance against the misuse of its assets, even as the stablecoin issuer continues…
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Major currency movements in 2024
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Currency markets in 2024 will be marked by several major movements and themes, driven by economic data releases, geopolitical developments and shifts in monetary policy around the world. Here are some notable trends: US Dollar Strength and FlexibilityThe US dollar has shown resilience amid uncertainty, supported by the Federal Reserve’s…
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U.S. Retail Sales Take a Breather But Still Up 2.3% From Last Year
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The latest preliminary estimates from the U.S. Census Bureau show that U.S. retail and food service sales decided to take a short breather in June 2024, remaining virtually unchanged from May at $704.3 billion. But wait, sales are still up 2.3% compared to June 2023, so it’s not all doom…
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BitMEX’s Hayes announces grant program to support Bitcoin developers
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Former BitMEX CEO Arthur Hayes has launched a new grant program for developers to enhance Bitcoin’s “flexibility, scalability, and privacy features.” Arthur Hayes, co-founder and former president of cryptocurrency exchange BitMEX and chief investment officer of Maelstrom, has announced a new grant program to support blockchain developers in their efforts…
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BitMEX’s Hayes announces grant program to support Bitcoin developers
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Former BitMEX CEO Arthur Hayes has launched a new grant program for developers to enhance Bitcoin’s “flexibility, scalability, and privacy features.” Arthur Hayes, co-founder and former president of cryptocurrency exchange BitMEX and chief investment officer of Maelstrom, has announced a new grant program to support blockchain developers in their efforts…