Author: Investor Empires
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Crypto Pundit Forecasts $600 Price Target
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In recent weeks, Solana (SOL), the fifth-largest cryptocurrency on the market, has been on a downward spiral, hitting a two-month low of $121 on Friday. The coin struggled to break above $188 in May, leading to a sustained decline. Downtrend Things have gotten even worse over the past seven days…
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Crypto Pundit Forecasts $600 Price Target
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In recent weeks, Solana (SOL), the fifth-largest cryptocurrency on the market, has been on a downward spiral, hitting a two-month low of $121 on Friday. The coin struggled to break above $188 in May, leading to a sustained decline. Downtrend Things have gotten even worse over the past seven days…
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In China’s Industrial Heartland, Xi’s Revamp Plan Comes at a Cost
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Breadcrumbs Path Links PMN Business The use of state power to accelerate advanced manufacturing has left even sophisticated sectors struggling with oversupply. Article author: Bloomberg News Bloomberg News Published on July 10, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log…
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London leads Europe on new FDI while much of UK sees drop, survey shows By Reuters
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LONDON (Reuters) – London overtook Paris last year to become the biggest region in Europe for new foreign direct investment but many other parts of the United Kingdom saw FDI fall, according to data that highlights the challenge facing the new government in spreading development across the country. Accountancy firm…
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WATER memecoin gains recede after Ronaldinho’s promo
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Solana-based cryptocurrency WATER saw a brief spike in value after a football icon promoted the project on social media, before falling back to levels seen on Monday. On Tuesday, former Brazilian soccer star Ronaldinho Gaucho promoted the Water (WATER) charity coin on Instagram. Ronaldinho is the second sports legend to…
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WATER memecoin gains recede after Ronaldinho’s promo
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Solana-based cryptocurrency WATER saw a brief spike in value after a football icon promoted the project on social media, before falling back to levels seen on Monday. On Tuesday, former Brazilian soccer star Ronaldinho Gaucho promoted the Water (WATER) charity coin on Instagram. Ronaldinho is the second sports legend to…
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Morocco becomes huge customer for Israel’s defense industry
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yesterday Israel Aerospace Industries Israel Aerospace Industries (IAI) has announced a $1 billion, five-year deal with an unnamed third party. Foreign media reported that the deal relates to satellites first announced last year. The presence of IAI CEO Amir Peretz in Morocco when the deal was announced also bolstered the…
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TA of the Day: XAU/USD Minor Pullback?
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Is gold (XAU/USD) Just a slight decline or will it continue to decline? you welcome in Teaching Assistant for Today (Tauted)! Here is the 1 hour chart: XAU/USD 1 hour Chart by TradingView Using pure technical analysis, let’s analyze gold. Technical analysis of XAU/USD (Gold) on the hourly chart Exponential…
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Important Binance Update for July 17th
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Long summary Binance will suspend deposits and withdrawals for about an hour in mid-July, with trading services not affected. The company’s recent delisting of several altcoins has caused significant price drops. We saw a similar pattern when Binance ended services with the popular privacy coin Monero (XMR). Temporary interruption of…
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Morphic holding’s CFO and COO sells shares worth over $2.45 million By Investing.com
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In a recent move, Mark Chigerin, the chief financial officer and chief operating officer of Morphek Holdings, Inc. (NASDAQ: ), sold a significant number of the company’s shares. According to the latest filing, Chigerin sold 43,936 shares of common stock at various prices, with the transactions totaling more than $2.45…
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BNZ forecast a November rate cut from the RBNZ (previously February)
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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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FTX Co-Founders Nishad Singh And Gary Wang To Face Sentencing: Dates Announced
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The spectacular fall of the powerful FTX exchange founded by Sam Bankman-Fried (SBF) in November 2022 continues to wreak havoc in the crypto space. Nearly two years later, the legal reckoning is still underway as former FTX executives face corruption charges. Nishad Singh and Gary Wang Ready to face punishment…
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FTX Co-Founders Nishad Singh And Gary Wang To Face Sentencing: Dates Announced
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The spectacular fall of the powerful FTX exchange founded by Sam Bankman-Fried (SBF) in November 2022 continues to wreak havoc in the crypto space. Nearly two years later, the legal reckoning is still underway as former FTX executives face corruption charges. Nishad Singh and Gary Wang Ready to face punishment…
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Big Tech surges as S&P 500 crosses 5,600 for first time
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On Thursday, investors will digest one of the most important data points that will shape the Federal Reserve’s future interest rate policy: the June consumer price index. The inflation report, due at 8:30 a.m. ET, is expected to show headline inflation at 3.1%, slowing from a 3.3% gain in May.…
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CNN to cut 100 jobs in major overhaul to focus on digital, memo shows By Reuters
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Written by Yuvraj Malik (Reuters) – CNN plans to cut about 100 jobs as part of a plan to consolidate its news operations and strengthen its digital business, according to an internal memo seen by Reuters on Wednesday. CNN International CEO Mark Thompson said in a memo to employees that…
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EIA Bitcoin Mining Data Collection Webinar: A Summary of the Discussions
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A webinar hosted by the Energy Information Administration today outlined its plans for future efforts on targeted data collection surveys of U.S. bitcoin mining operations after reaching an agreement on March 1 of this year to halt the previous emergency survey and destroy all records collected during its operation. They…
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EIA Bitcoin Mining Data Collection Webinar: A Summary of the Discussions
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A webinar hosted by the Energy Information Administration today outlined its plans for future efforts on targeted data collection surveys of U.S. bitcoin mining operations after reaching an agreement on March 1 of this year to halt the previous emergency survey and destroy all records collected during its operation. They…
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Six Flags falls after Goldman Sachs warns of a bumpy ride to hitting synergy targets
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Wirestock/iStock Editorial via Getty Images Six Flags Entertainment CorporationNew York Stock Exchange: Fun) fell on Wednesday after Goldman Sachs issued some cautious comments about the theme park company while it was getting coverage. Analyst Lizzie Dove warned that achieving revenue synergies could be difficult for the new company. “We “FUN…
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Crude oil futures settled at $82.10
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West Texas Intermediate crude futures settled at $82.10, up $0.69, or 0.85%. The gains come after three straight sessions of losses, and were driven by positive demand expectations from OPEC and a large drawdown in U.S. inventories. The US Energy Information Administration announced that US oil inventories fell by 3.4…
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Ethereum Rising, 2 Million Addresses Will Be In Money If $3,200 Is Broken
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Ethereum, which mirrors the performance of Bitcoin and other altcoins, has returned to above $3,000, days after falling below $2,800. With the second-most valuable cryptocurrency recovering, sparking optimism among token holders and battered traders, a close above $3,200 will be crucial in stimulating demand. Ethereum Rally: Will Bulls Be Able…