Author: Investor Empires
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QCP Capital Predicts ‘Subdued’ Bitcoin Performance As Mt. Gox Payouts Loom
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After a decade of waiting, July may finally bring compensation to users of the now-defunct Mt. Gox exchange. However, market players appear to be nervous about the distributions and fear further sell-offs. It is important to understand that Bitcoin has already been in a downtrend since early June, failing to…
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QCP Capital Predicts ‘Subdued’ Bitcoin Performance As Mt. Gox Payouts Loom
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After a decade of waiting, July may finally bring compensation to users of the now-defunct Mt. Gox exchange. However, market players appear to be nervous about the distributions and fear further sell-offs. It is important to understand that Bitcoin has already been in a downtrend since early June, failing to…
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Big real estate stocks kick off H2 with loss as state of the sector weighs on sentiment
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ArLawKa AungTun/iStock via Getty Images Large real estate stocks started the second half of 2024 with a marginal weekly loss despite optimism surrounding interest rate cuts, as the state of the sector weighed on sentiment. S&P 500 Index Advanced 1.95% From last week, with Labor market data supports the case…
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Impact and Analysis By Investing.com
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President Joe Biden is running for re-election, and his potential second term could have significant impacts on various sectors, including energy. Understanding the implications of Biden 2.0 for energy stocks is crucial for investors, given the administration’s strong focus on climate change, renewable energy, and regulatory changes. Biden’s energy policies…
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Crypto Guru Says Only Bitcoin Makes The Grade — Not Memecoins
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The cryptocurrency world is divided over the merits of meme coins — digital tokens inspired by internet jokes and pop culture references. Proponents hail them as a potential for massive returns, while established figures like Bitcoin evangelist Adam Back scoff at them as a passing fad. A perilous journey on…
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Crypto Guru Says Only Bitcoin Makes The Grade — Not Memecoins
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The cryptocurrency world is divided over the merits of meme coins — digital tokens inspired by internet jokes and pop culture references. Proponents hail them as a potential for massive returns, while established figures like Bitcoin evangelist Adam Back scoff at them as a passing fad. A perilous journey on…
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Ken Griffin, a top GOP donor, gives $500,000 to Miami-Dade’s Democratic mayor
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Ken Griffin, a major donor to Republican politicians, is supporting the re-election of Miami-Dade County’s Democratic mayor, while the Citadel founder works to expand his political influence in his new base. Griffin, who moved to Miami from Chicago two years ago, donated $500,000 to Daniella Levine Cava’s campaign in June,…
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USDCAD bounces higher after testing key technical support. Can the buyers keep pushing?
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The USD/CAD pair hit its lowest level since June 3 earlier today, testing the lower low at 1.35972. The 200-day moving average was just below that level at 1.35953. Today’s low was at 1.3601 as buyers/profit-takers took advantage of the swing area. The combination of US and Canadian jobs data…
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Expert Predicts When Bitcoin Price Will Reach Its Cycle Highs
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Cryptocurrency Analyst Rekt Capital He offered insights into when Bitcoin will hit its cycle highs. His analysis offered reassurance that the leading cryptocurrency is still far from the market top despite Recent drop to new lows this week. Related reading When will Bitcoin price peak in this rise? Rekt Capital…
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Marius van der Ham: AirFrance-KLM Kenya boss privilege and small ego issue
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The love story of the dark suit and the crisp white shirt has been written ad nauseam, but I didn’t write it. I’m different. It’s not news, but because I said it, it’s new. At least that’s what I think when Marius Van der Ham, Air France-KLM’s general manager for…
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Hurricane Beryl batters Mexico, heads towards South Texas By Investing.com
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Hurricane Beryl is expected to strengthen as it approaches the South Texas coast, posing threats of damaging winds, life-threatening storm surges and severe flooding. The storm is expected to be the first storm to make landfall in the United States during the 2024 Atlantic season. Earlier this week, Hurricane Beryl…
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Hurricane Beryl batters Mexico, heads towards South Texas By Investing.com
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Hurricane Beryl is expected to strengthen as it approaches the South Texas coast, posing threats of damaging winds, life-threatening storm surges and severe flooding. The storm is expected to be the first storm to make landfall in the United States during the 2024 Atlantic season. Earlier this week, Hurricane Beryl…
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XRP shows resilience amid crypto market volatility
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XRP, the native token of Ripple’s open-source XRP Ledger, is showing positive technical signals despite recent volatility in the broader crypto market. The cryptocurrency is showing relative strength compared to Bitcoin, and short-term price forecasts point to a potential upward move. Over the past 24 hours, the price of Ripple…
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XRP shows resilience amid crypto market volatility
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XRP, the native token of Ripple’s open-source XRP Ledger, is showing positive technical signals despite recent volatility in the broader crypto market. The cryptocurrency is showing relative strength compared to Bitcoin, and short-term price forecasts point to a potential upward move. Over the past 24 hours, the price of Ripple…
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US economy adds 206,000 jobs in June as labour market shows signs of cooling
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The U.S. economy added 206,000 jobs in June, indicating a slight slowdown in the labor market, according to the latest data from the Bureau of Labor Statistics. The figure was closely in line with economists’ expectations and represented a modest decline from the revised 218,000 jobs added in May. The…
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SNB’s Jordan “relatively comfortable” with inflation
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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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Time to Buy the Bitcoin Dip? Experts Weigh in on the Opportunity Following the Crash
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Over the past few days, cryptocurrency markets have fallen by 15% with over $350 million exiting the space. Monthly support levels were broken sending the crypto asset to its lowest levels since late February as bearish sentiment returns. However, a 28% market correction is not new, and has happened several…
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Time to Buy the Bitcoin Dip? Experts Weigh in on the Opportunity Following the Crash
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Over the past few days, cryptocurrency markets have fallen by 15% with over $350 million exiting the space. Monthly support levels were broken sending the crypto asset to its lowest levels since late February as bearish sentiment returns. However, a 28% market correction is not new, and has happened several…
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France’s president called a surprise election. The result could diminish his power in world affairs
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Breadcrumbs Path Links PMN Business Article author: Associated Press John Lister Posted on July 06, 2024 • Read for 5 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content PARIS (AP) — French President Emmanuel Macron — if…
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China autos group ‘strongly dissatisfied’ with EU anti-subsidy tariffs By Reuters
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SHENZHEN, China (Reuters) – China’s auto industry association said in a statement on Saturday it was “strongly dissatisfied” with anti-subsidy tariffs proposed by the European Union. The European Automobile Manufacturers’ Association said in a post on Chinese messaging app WeChat that manufacturers had cooperated with the European Commission’s investigation into…