Author: Investor Empires
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Bitcoin mining company TeraWulf pays off debt, eyes AI expansion
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Bitcoin mining company TeraWulf Inc. has paid off its remaining $77.5 million loan ahead of schedule, eliminating all of its outstanding debt. The move gives the company greater financial flexibility to take advantage of growing demand for energy infrastructure, particularly to power AI-generated technology. He said on Tuesday It plans…
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Bitcoin mining company TeraWulf pays off debt, eyes AI expansion
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Bitcoin mining company TeraWulf Inc. has paid off its remaining $77.5 million loan ahead of schedule, eliminating all of its outstanding debt. The move gives the company greater financial flexibility to take advantage of growing demand for energy infrastructure, particularly to power AI-generated technology. He said on Tuesday It plans…
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Business owners share opinions and look to the future after Labour’s win
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More businesses hope for the best whilst moving with the times As Sir Keir Starmer settles into life at Number 10, the country’s business owners’ wait with bated breath to see if reform will bring positive news to regenerate the economy, the skills and the high street. I’ve heard from…
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China’s Ping An eyes up to $5 billion convertible bond, sources say By Reuters
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By Scott Murdoch (Reuters) – China’s Ping An Insurance Co Ltd is considering issuing convertible bonds worth up to $5 billion, people familiar with the matter said. One of the sources said the bonds could raise between $2 billion and $5 billion, and the two sources added that an agreement…
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Deadline Speculations for a Solana ETF Ramp Up: Analysts Predict Mid-March Timeline
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Analysts say the deadline for a decision on Solana ETFs is expected to be around mid-March 2025. This comes after the Chicago Board of Options Exchange (CBOE) on Monday filed applications to list proposed ETFs from VanEck and 21Shares. The deadline for making a decision is mid-March. Bloomberg ETF analyst…
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Deadline Speculations for a Solana ETF Ramp Up: Analysts Predict Mid-March Timeline
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Analysts say the deadline for a decision on Solana ETFs is expected to be around mid-March 2025. This comes after the Chicago Board of Options Exchange (CBOE) on Monday filed applications to list proposed ETFs from VanEck and 21Shares. The deadline for making a decision is mid-March. Bloomberg ETF analyst…
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Japan PPI (June 2024) +0.2% m/m (expected +0.4) and +2.9% y/y (expected +2.9%)
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Inflation rates are still rising strongly at the wholesale level. The USD/JPY currency pair was little changed around the 161.36 level. — The Producer Price Index (PPI) in Japan is also known as the Corporate Goods Price Index (CGPI). It is a measure of the average change over time in…
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Best Meme Coin Investments: Why This Analyst Picks Dogecoin Competitor, FLOKi
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Cryptocurrency analyst Timeless Crypto has made a bullish case for Flokiexplaining why he prefers the meme coin over other high-value meme coins like Dogecoin (DOGE)The analyst also predicted that FLOKI could achieve major success by the end of the year. Why is this analyst bullish on Floki? Timeless Crypto was…
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Best Meme Coin Investments: Why This Analyst Picks Dogecoin Competitor, FLOKi
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Cryptocurrency analyst Timeless Crypto has made a bullish case for Flokiexplaining why he prefers the meme coin over other high-value meme coins like Dogecoin (DOGE)The analyst also predicted that FLOKI could achieve major success by the end of the year. Why is this analyst bullish on Floki? Timeless Crypto was…
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Eyal Waldman buys Sde Dov apartments for NIS 50m
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Israeli businessman Eyal Waldman has purchased several apartments in the Israeli-Canadian Rainbow project in Sde Dov, north of Tel Aviv, a source close to the deal told Globes. Waldman bought an entire floor on one of the top floors of a planned tower for NIS 50 million. Globes also learned…
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Blackstone taps Citi veteran Tyler Dickson for a key role in credit business By Reuters
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(Reuters) – Private equity firm Blackstone said on Tuesday it has hired Tyler Dixon, the former global head of investment banking at Citigroup, to lead client relationships for its credit and insurance unit. The new role will oversee the Institutional Client Solutions team at Blackstone Credit & Insurance (BXCI), and…
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Bitcoin As A Notarization Layer For Political Agreements
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introduction Bitcoin will revolutionize politics, not replace it. Even if the overuse of Bitcoin becomes a reality with Bitcoin at the center of the monetary system emerging from the ruins of the current fiat currency system, the state will still be the dominant force in international relations. It will rise…
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Daily FX Market Review: JPow Reports Inflation Progress, Eyes Future Rate Cuts
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Federal Reserve Chairman Jerome Powell (“JP Powell”) Mr. Trump began two days of testimony in both chambers of Congress: the Senate Banking, Housing and Urban Affairs Committee today and the House Financial Services Committee tomorrow. In the United States, the Chairman of the Federal Reserve must report to Congress twice…
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Solana Token Soars 350% After Messi and Ronaldinho’s Promotion
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On Monday, professional soccer player Lionel Messi promoted the Solana-based memecoin to his 504 million Instagram followers. The Argentine shared a link to Watercoin (WATER), which caused the coin’s value to surge by 350%. The crypto community expressed concern over Messi’s endorsement of the project. Related reading World football stars…
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Solana Token Soars 350% After Messi and Ronaldinho’s Promotion
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On Monday, professional soccer player Lionel Messi promoted the Solana-based memecoin to his 504 million Instagram followers. The Argentine shared a link to Watercoin (WATER), which caused the coin’s value to surge by 350%. The crypto community expressed concern over Messi’s endorsement of the project. Related reading World football stars…
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Tesla stock notches 10th consecutive day of gains as investors eye growth potential
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Tesla (TSLA) stock closed up about 4% on Tuesday, posting gains for the 10th straight day. The positive moves mean Tesla has erased all of its losses since the start of the year, with the stock up about 5% year-to-date. Shares are up about 75% since hitting a 52-week low…
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Forexlive Americas FX news wrap 9 Jul: Powell’s testimony keeps easing door open for Sept.
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Federal Reserve Chairman Powell testified before the U.S. Senate today on Capitol Hill in the first of two testimony before U.S. lawmakers. The Fed chairman will speak before the House of Representatives tomorrow. During his testimony today, the Fed chairman explicitly said he would not talk about changing the interest…
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Nishad Singh And Gary Wang, Former FTX Executives To Be Sentenced On Oct 20 And Nov 21
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Explosion FTX The infamous FTX scandal, in late 2022, was a watershed moment in the crypto world, with the exchange’s founder, Sam Bankman-Fried, at the center of the controversy. Nishad Singh, the former director of engineering, and Gary Wang, the former CTO, were key members of FTX’s executive team and…