Author: Investor Empires
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Bitcoin Woes Not Over? Analyst Predicts Further Crash To $47,000
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Although Bitcoin has regained the $56,000 price level in the past few hours, Sudden drop below $54,000 On July 5, investors were reminded of Extreme fluctuations Market related. On the larger time frame, Bitcoin has fallen by 7% and 20.25% in the past 37 days, respectively. While many crypto traders…
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Florida farmers turn to ancient tree from India as the citrus industry dries up
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An ancient tree from India is now growing in Florida’s citrus orchards, and it could help provide renewable energy for the country. With much of the Sunshine State’s famous citrus industry drying up over the past two decades due to two deadly diseases, citrus greening and canker, some growers are…
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Are U.S. Treasury markets anticipating Trump 2.0? Yardeni Research weighs in By Investing.com
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Investing.com – The move higher in U.S. Treasury yields following last week’s debate between President Joe Biden and Republican challenger Donald Trump could be a sign that the bond market is pricing in a Trump victory in November’s presidential election, according to analysts at Yardeni Research. On Monday, the benchmark…
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Inflows to US spot Bitcoin ETFs spike $143.1m, investors buy dip
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Bitcoin exchange-traded funds, or spot bitcoin funds, saw their highest inflows on July 6 after the price of bitcoin fell sharply, to below $55,000, during the Fourth of July holiday in the United States. The latest data indicates an inflow of $143.1 million into these investment vehicles. Leading the charge…
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Shops and restaurants poised for consumer spending boost with labour win and major sports events
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Retailers and the hospitality sector are bracing for a huge increase in consumer spending as Labour’s latest election victory coincides with a big weekend of sporting events, including England’s Euro 2024 match and Andy Murray’s potential final appearance at Wimbledon. Businesses across the UK are set to benefit from a…
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Timiraos: The Fed may start the debate about a Sept cut at the upcoming meeting
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Nick Timirus He says Today’s jobs report wasn’t alarming enough to put a July rate cut on the table (5% pricing) but it does say it could open up a real debate about September. The June jobs report will make the July Fed meeting more interesting because there may be…
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Web3 Users Surge by 40%, Reaching Historic High in Q2
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In Q2 2024, Web3 user engagement reached an all-time high, with nearly 10 million daily unique active wallets (dUAW), a 40% increase from Q1. According to a report dated July 4, a report Through blockchain analytics platform DappRadar, the unprecedented growth has extended to different sectors of the decentralized application…
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Fed’s Powell Testifies as Inflation, Hiring Cool
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Breadcrumbs Path Links PMN Business Jerome Powell is likely to tell lawmakers that Federal Reserve officials need more confirmation that inflation is slowing before they are in a position to cut interest rates, even as evidence mounts of weak growth and employment. Article author: Bloomberg News Red Beckert and Vince…
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U.S. Coast Guard says hurricane may shut oil ports By Reuters
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By Erwin Seba HOUSTON (Reuters) – The U.S. Coast Guard warned on Monday that ports from Corpus Christi to Houston, Texas, could be closed due to Hurricane Beryl, which is expected to make landfall by Monday morning south of Port Lavaca. Closing the ports could temporarily halt shipments of crude…
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Toncoin’s Hamster Kombat Hits New Milestone
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Hamster Kombat game based on Telegram It has recorded another milestone in terms of its amazing growth since its launch. Based on Notable steps Given what the project has achieved so far, this could be the next big thing in the crypto world. Hamster Kombat hits 239 million users in…
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Toncoin’s Hamster Kombat Hits New Milestone
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Hamster Kombat game based on Telegram It has recorded another milestone in terms of its amazing growth since its launch. Based on Notable steps Given what the project has achieved so far, this could be the next big thing in the crypto world. Hamster Kombat hits 239 million users in…
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AI care co K Health raises $50m at $900m valuation
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AI healthcare startup K healthIsraeli pharmaceutical company Royalty Pharma, founded in Israel and operating out of Israel and the United States, announced the completion of a $50 million funding round led by Clore Group, with participation from investors including Pablo Legorreta (founder and CEO of Royalty Pharma), and existing investors…
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The GBPJPY is trading at highest level since 2008 and bounced off support today.What next?
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When the market is trending, it is better for traders to understand when the market trend is changing, rather than trying to pick a top or bottom depending on which direction the market is going. For the GBP/JPY pair, it has been in an uptrend for the past seven months…
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Finance CEO Raoul Pal Says Crypto Will Reach $100 Trillion Market Cap
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Raul Balco-founder and CEO of Real Vision Group, expects that Global Cryptocurrency Market The stock market will reach a market cap of $100 trillion. The financial expert maintained his strong bullish stance on the future of the industry, outlining several reasons why he believes the market will jump 44 times…
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Hamas accepts US proposal on talks over Israeli hostages, Hamas source says By Reuters
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By Samia Nakhoul, Muhammad Al Gebaly and Nidal al-Mughrabi DUBAI/CAIRO (Reuters) – Hamas has accepted a U.S. proposal to begin talks on the release of Israeli hostages, including soldiers and men, 16 days into the first phase of a deal aimed at ending the Gaza war, a senior Hamas source…
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The case against a rate cut this year
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Despite recent improvements in inflation and economic indicators, analysts at Yardeni Research argue against a Fed rate cut this year. May personal consumption expenditures data suggest inflation is on track to hit the Fed’s 2.0% target by year-end. Moreover, consumer spending remains strong, in line with the positive economic outlook.…
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Mantra surges 22% despite Bitcoin sell pressure, Multiverse shines
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Talisman, emblemon) is up more than 8% in the past 24 hours, amid broader volatility in the cryptocurrency market. Mantra Stock Upward Momentum The Relative Strength Index (RSI) indicates an upward price movement in the neutral zone, indicating a potential overbought. Additionally, the Moving Average Convergence Divergence (MACD) indicator indicated…
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Mantra surges 22% despite Bitcoin sell pressure, Multiverse shines
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Talisman, emblemon) is up more than 8% in the past 24 hours, amid broader volatility in the cryptocurrency market. Mantra Stock Upward Momentum The Relative Strength Index (RSI) indicates an upward price movement in the neutral zone, indicating a potential overbought. Additionally, the Moving Average Convergence Divergence (MACD) indicator indicated…
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Nvidia vs. Broadcom vs. Chipotle
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Fool.com contributor Barkev Tatevosyan compares, Nvidia (NASDAQ: NVDA), Broadcom (NASDAQ: AVGO)And Chipotle (NYSE: CMG) To determine the best split stock to buy now. *Stock prices used are afternoon prices for July 3, 2024. Video was posted on July 5, 2024. Should you invest $1,000 in Nvidia now? Before you buy…
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Fed mon pol report: Labor supply-demand balance resembles pre-pandemic period
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Further progress on inflation expected this year but ‘greater confidence’ still needed before moving to cut interest rates Housing-related inflation will gradually decline. There are still large gaps in the labor market. The financial system is sound and resilient. Relatively high valuations relative to fundamentals in major asset classes Full…