Author: Investor Empires
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PEXX Raises $4.5 Million in Seed Funding for its Innovative Stablecoin-to-Fiat Payment Platform
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(Press Release – Singapore, Singapore, 16 July 2024) PixA leading fintech startup specializing in cryptocurrency and blockchain technology today announced the successful closing of a $4.5 million seed funding round. This significant investment will drive the development of the company’s innovative solutions Stablecoin to Fiat Payment PlatformIt is set to…
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PEXX Raises $4.5 Million in Seed Funding for its Innovative Stablecoin-to-Fiat Payment Platform
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(Press Release – Singapore, Singapore, 16 July 2024) PixA leading fintech startup specializing in cryptocurrency and blockchain technology today announced the successful closing of a $4.5 million seed funding round. This significant investment will drive the development of the company’s innovative solutions Stablecoin to Fiat Payment PlatformIt is set to…
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Treasury: Every 1,000 haredi soldiers saves NIS 1.3b annually
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During discussions of the Knesset Foreign Affairs and Defense Committee, the Finance Ministry presented its estimates of the increased defense costs in the wake of the war and the potential benefits of recruiting Haredi soldiers. Among other things, the Finance Ministry says that extending compulsory military service and reserve service…
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Canadian CPI cements a Bank of Canada rate cut next week – CIBC
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The Bank of Canada is scheduled to meet on July 24, and economists are increasingly confident that interest rates will be cut. This is also reflected in interest rate derivatives, which now show a 93% chance of a rate cut. The consumer price index slowed to 2.7% from 2.9%, with…
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Mt. Gox Moves 47,229 BTC Worth $3 Billion, Where Are The Coins Headed?
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The impending Bitcoin distribution from Mt. Gox has been looming over the crypto market ever since the order to begin repaying creditors was issued. Given the massive amount of Bitcoin in Mt. Gox’s vault, the distribution is expected to put massive selling pressure on the asset. Now that the coins…
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Truist lowers Medtronic shares target, cites modest EPS growth By Investing.com
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On Tuesday, Truist Securities revised its price target for Medtronic Inc. (NYSE:), a global leader in medical technology, services and solutions, announced a price target adjustment to $85 from the previous $88 while maintaining a hold rating on the stock. The revision comes after examining Medtronic’s earnings outlook and position…
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US stocks rise amid rate cut cheer; retail sales flat in June By Investing.com
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U.S. stocks rose on Tuesday, extending gains from the previous session amid growing optimism about interest rate cuts, as retail sales failed to grow in June. At 09:35 ET (13:35 GMT), the S&P 500 was up 235 points, or 0.6%, up 18 points, or 0.3%, and gaining 70 points, or…
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Mt. Gox Moves $6 Billion Worth of Bitcoin
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The rehab trustee of now-defunct Mt. Gox exchange moved more than $6 billion worth of bitcoin Tuesday morning as it took further steps toward repaying creditors. Latest News: Mt. Gox Moves 95,870 #Bitcoin Worth $6 billion to unknown addresses ? pic.twitter.com/duCIiVPcsK — Bitcoin Magazine (@BitcoinMagazine) July 16, 2024 Data on…
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Mt. Gox Moves $6 Billion Worth of Bitcoin
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The rehab trustee of now-defunct Mt. Gox exchange moved more than $6 billion worth of bitcoin Tuesday morning as it took further steps toward repaying creditors. Latest News: Mt. Gox Moves 95,870 #Bitcoin Worth $6 billion to unknown addresses ? pic.twitter.com/duCIiVPcsK — Bitcoin Magazine (@BitcoinMagazine) July 16, 2024 Data on…
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Mt. Gox Moves $6 Billion Worth of Bitcoin
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The rehab trustee of now-defunct Mt. Gox exchange moved more than $6 billion worth of bitcoin Tuesday morning as it took further steps toward repaying creditors. Latest News: Mt. Gox Moves 95,870 #Bitcoin Worth $6 billion to unknown addresses ? pic.twitter.com/duCIiVPcsK — Bitcoin Magazine (@BitcoinMagazine) July 16, 2024 Data on…
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Mt. Gox Moves $6 Billion Worth of Bitcoin
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The rehab trustee of now-defunct Mt. Gox exchange moved more than $6 billion worth of bitcoin Tuesday morning as it took further steps toward repaying creditors. Latest News: Mt. Gox Moves 95,870 #Bitcoin Worth $6 billion to unknown addresses ? pic.twitter.com/duCIiVPcsK — Bitcoin Magazine (@BitcoinMagazine) July 16, 2024 Data on…
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Bank of America Q2 profits drop as higher interest rates slow down lending
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NEW YORK (AFP) – Bank of America Corp reported a decline in second-quarter profit on Monday, as higher interest rates eroded the bank’s expenses, including its large consumer banking franchise. But like Goldman Sachs, Bank of America has seen a pickup in activity in its investment banking division, which has…
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Bank of America Q2 profits drop as higher interest rates slow down lending
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NEW YORK (AFP) – Bank of America Corp reported a decline in second-quarter profit on Monday, as higher interest rates eroded the bank’s expenses, including its large consumer banking franchise. But like Goldman Sachs, Bank of America has seen a pickup in activity in its investment banking division, which has…
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US June retail sales 0.0% versus -0.3%
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Previous month 0.1% revised to +0.3% Retail sales were $704.3 billion, compared to $704.5 billion the previous month. details: Retail Sales 0.0% vs. -0.3% Estimate Retail sales YoY +2.3% Previous cars 0.4% vs. 0.0% estimates Previous excluding autos -0.1% revised to 0.1% Control group 0.9% vs. 0.2% estimate Control group…
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US June retail sales 0.0% versus -0.3%
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Previous month 0.1% revised to +0.3% Retail sales were $704.3 billion, compared to $704.5 billion the previous month. details: Retail Sales 0.0% vs. -0.3% Estimate Retail sales YoY +2.3% Previous cars 0.4% vs. 0.0% estimates Previous excluding autos -0.1% revised to 0.1% Control group 0.9% vs. 0.2% estimate Control group…
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Why They Bet Big On BTC’s Recovery
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In their latest analysis, Ark Invest crypto experts Julian Falcioni, David Boyle, and Dan White note that presentation A review of Bitcoin market behavior and prospects, identifying the interplay between various economic, technical, and political factors that could shape the future of this leading digital currency. Bitcoin proves bullish scenario…
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Why They Bet Big On BTC’s Recovery
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In their latest analysis, Ark Invest crypto experts Julian Falcioni, David Boyle, and Dan White note that presentation A review of Bitcoin market behavior and prospects, identifying the interplay between various economic, technical, and political factors that could shape the future of this leading digital currency. Bitcoin proves bullish scenario…
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Philip Morris invests $600M in a new Colorado manufacturing facility
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Chris Hondros/Halton Archive via Getty Images Philip Morris International (New York Stock Exchange: Prime MinisterSwedish Match has announced that it will invest $600 million over the next two years through one of its U.S. subsidiaries to open a state-of-the-art manufacturing facility in Aurora, Colorado. The facility is being built to…
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Italy’s Leonardo working with Thales, Airbus on new space strategy By Reuters
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ROME (Reuters) – Italian aerospace and defence group Leonardo is working with France’s Thales and Airbus on a joint strategy for the space sector, the head of the group said on Tuesday. “We are very active in stimulating large European alliances… and now we are working hard with Thales and…
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Visa And Wirex Forge New Era In Web3 Payment Solutions
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The digital payments landscape is undergoing a radical transformation, with traditional finance converging with emerging blockchain technology. At the forefront of this development are industry leaders Visa and Wirex, who have joined forces to drive widespread adoption of Web3 payments across the UK and EEA. This strategic partnership with Wirex…