Author: Investor Empires
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Economic calendar in Asia Tuesday, 2 July 2024 – RBA June meeting minutes
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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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USDT Minting On Ethereum And Tron Falls From $7 Billion To $1 Billion In 6 Months
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Despite being pumped into spot market prices, Tron has not escaped the wrath of the bulls after hitting its peak in February. Like other altcoins such as Solana and Ethereum, which surged to 2024 highs in March, Tron has been in the red for the last month of trading and…
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USDT Minting On Ethereum And Tron Falls From $7 Billion To $1 Billion In 6 Months
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Despite being pumped into spot market prices, Tron has not escaped the wrath of the bulls after hitting its peak in February. Like other altcoins such as Solana and Ethereum, which surged to 2024 highs in March, Tron has been in the red for the last month of trading and…
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On Trump, Russia UN envoy says Ukraine war can’t end in one day By Reuters
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By Michelle Nichols UNITED NATIONS (Reuters) – Russian Ambassador to the United Nations Vasily Nebenzia said on Monday that “the Ukrainian crisis cannot be resolved in one day,” in response to a question about US presidential candidate Donald Trump’s repeated claims that he could end the war within 24 hours…
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WestJet’s union ends strike after reaching deal with carrier By Reuters
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(Reuters) – The union representing striking mechanics at Canada’s WestJet Airlines said on Monday it had negotiated a contract with the carrier, ending their strike with immediate effect. WestJet said its members will return to work to restore the network after the airline was forced to ground 130 aircraft at…
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How Financial Surveillance Threatens Our Democracies: Part 1
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When they descended into coal mines, miners would take a caged canary with them. The toxic gasses, notably carbon monoxide, that accumulate in these places and pose a deadly risk to miners, would kill the canaries before the miners. This information made them aware of the danger, enabling them to…
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‘Roaring Kitty’ Sued Over Alleged GameStop ‘Pump and Dump’
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(Bloomberg) — Popular stock influencer Keith Gill, known as “Roaring Kitty,” has been sued for orchestrating a “pump and dump” scheme involving GameStop Corp. shares. Most Read from Bloomberg Gill, who famously promoted GameStop during the meme trading wave of 2021, resurfaced in May and once again began posting about…
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Goldman Sachs: Another sign that the dollar still stands above the ‘challengers’
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Goldman Sachs notes another sign that the US dollar remains strong against its rivals. The broad dollar index has surpassed its October 2023 high, with recent strength attributed to the lack of rate cuts by the Federal Reserve and strong real interest rate benefits, making the dollar a formidable currency.…
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Bitcoin Investors Place $500 Million In Spot BTC Bids Below Market Price
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Bitcoin appears to have started the week on the right foot, signaling the end of the correction that lasted throughout June. As investors continue to ponder Bitcoin’s price trajectory in July, on-chain data, price history, and strategic trading point to a bullish July. Despite the short-term volatility, many investors remain…
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Bitcoin Investors Place $500 Million In Spot BTC Bids Below Market Price
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Bitcoin appears to have started the week on the right foot, signaling the end of the correction that lasted throughout June. As investors continue to ponder Bitcoin’s price trajectory in July, on-chain data, price history, and strategic trading point to a bullish July. Despite the short-term volatility, many investors remain…
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AI chip startup Lightmatter hires Nvidia’s Jankowski as CFO
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Boutelish Lighmatter, an AI chip startup focused on optical supercomputing, has hired longtime Nvidia (NASDAQ: NVDAThe company announced on Monday the appointment of CEO Simona Jankowski to the position of CFO. Jankowski spent more than two decades at NVIDIA, where she served as vice president Investor relations and strategic finance.…
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Property catastrophe reinsurance rates fall in July, report says By Reuters
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LONDON (Reuters) – Global property catastrophe reinsurance rates ranged from unchanged to “mid- to high-single-digit” declines in July after years of rising prices, reinsurance broker Guy Carpenter said on Monday. Insurance companies tend to renew their reinsurance contracts on specific renewal dates, including July 1. Reinsurance rates — insurance for…
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Sony Enters Crypto Trading In Japan With S.BLOX: Whats Next ?
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In a strategic move that underscores its commitment to the thriving digital assets landscape, SonyJapanese conglomerate Sony has revealed plans to launch a comprehensive cryptocurrency trading platform in the country. The bold move follows the tech giant’s recent acquisition of a local cryptocurrency exchange, Amber Japan, marking a major shift…
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Sony Enters Crypto Trading In Japan With S.BLOX: Whats Next ?
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In a strategic move that underscores its commitment to the thriving digital assets landscape, SonyJapanese conglomerate Sony has revealed plans to launch a comprehensive cryptocurrency trading platform in the country. The bold move follows the tech giant’s recent acquisition of a local cryptocurrency exchange, Amber Japan, marking a major shift…
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Dollar is only winner from China-West trade war: McGeever By Reuters
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By Jamie McGeever ORLANDO, Fla. (Reuters) – The U.S. dollar may be the only “winner” from a potential all-out trade war between the West and China. Uncertainty over global trade policy is the highest since 2018-2019 when clashes between the administration of former US President Donald Trump and Beijing reached…
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Pepe set to overtake Shiba Inu in the crypto market this year
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Pepe is aiming to overtake the Shiba Inu in 2024, with Pepe Unchained, a new contender, raising $1.5 million in pre-sale. This year has been a big one for…
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Dar Port starts facelift in hub status fight against Mombasa
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Tanzania’s seaport operations are set to undergo a major overhaul after private sector investors took over management of maritime assets with plans to boost the efficiency and competitiveness of Dar es Salaam Port in competing for regional business with Mombasa Port. The Dar es Salaam Port renewal saw the number…
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US dollar bounces right back after ISM dip
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USD/JPY 10 minutes The US dollar fell on weak ISM manufacturing, but it bounced back strongly. Fuel is coming from the bond market, where 10-year Treasury yields are now up 12 basis points on the day and more than 20 basis points since their lows after Friday’s personal consumer spending…
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Trending Presale for Pepe Unchained Raises $1.5M as Investors Rally Behind New Meme Coin
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Step aside, baby – a new frog coin is grabbing attention. Baby Unattached (PEPU) It’s generating buzz, raising more than $1.5 million in its first 15 days of pre-sale. With plans to launch its own layer 2 network, it seems that PEPU may not be just another meme coin with…