Author: Investor Empires
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Post-Brexit Border Delays Threaten UK and EU Horticulture Trade, Industry Leaders Warn
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Plant nurseries and garden centres in Britain and Europe are sounding the alarm over the inefficiency of new post-Brexit border posts, which are causing significant delays, damage and extra costs for plant importers. The Horticultural Trade Association, which represents 1,400 UK retailers and gardeners, along with several European trade bodies,…
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US stocks continue to climb; key payrolls release looms large By Investing.com
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Investing.com — U.S. stocks rose on Monday, extending recent gains as investors awaited further signals on interest rates from a slew of Federal Reserve officials and key labor market readings this holiday-shortened week. At 09:35 ET (13:35 GMT), the S&P 500 was up about 240 points, or 0.6%, the Dow…
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Crypto Goes Mainstream With 38,000 Machines Worldwide
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The world of cryptocurrencies is witnessing a boom in accessibility, with Bitcoin ATMs leading the charge. From just 10,000 in October 2020, the number of cryptocurrency converters has risen to over 38,000 globally. This boom is not just a fad; Experts predict continued growth fueled by a perfect storm of…
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Crypto Goes Mainstream With 38,000 Machines Worldwide
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The world of cryptocurrencies is witnessing a boom in accessibility, with Bitcoin ATMs leading the charge. From just 10,000 in October 2020, the number of cryptocurrency converters has risen to over 38,000 globally. This boom is not just a fad; Experts predict continued growth fueled by a perfect storm of…
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South African markets cheer Ramaphosa’s ‘business friendly’ cabinet By Reuters
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Written by Bhargav Acharya and Kopano Gombe JOHANNESBURG (Reuters) – South African assets rose sharply on Monday after President Cyril Ramaphosa formed a long-awaited new government that included the former opposition leader and signaled continuity in fiscal policy by sticking by his former finance minister. But some investors said the…
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$105 Billion Electronics Giant Sony To Launch New Bitcoin Exchange
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Sony Group is preparing to launch a Bitcoin and cryptocurrency exchange in Japan after acquiring Amber Group’s subsidiary Amber Japan. The revamped exchange will be named S.BLOX and aims to strengthen Sony’s presence in the Bitcoin and cryptocurrency space. JUST IN: ?? Sony launches $103 billion #Bitcoin And cryptocurrency exchange.…
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Payment apps Bit and Paybox to charge fees from January
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Israeli banking supervisor Daniel Hahiashvili announced last week that he plans to allow payment apps Bit and Paybox to collect fees starting in January 2025. The fee, which can be as high as 1%, will only be charged to customers whose total transactions exceed NIS 25,000 per year. This may…
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AUDUSD Technical Analysis – The price action remains rangebound
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Basic Overview The US dollar started the week on a weaker note as the new month began. Last week’s strength may have been driven more by end-of-quarter flows than anything fundamental as economic data did not change interest rate expectations. However, the data should continue to support risk appetite amid…
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Bitcoin Weekend Trading Volumes Plunge To Record Lows
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Bitcoin has long been a hallmark of the cryptocurrency markets, thriving on its 24/7 accessibility. Weekend trading, once a breeding ground for volatility, has become particularly important in the cryptocurrency landscape. However, a recent report by Kaiko reveals a not so rosy picture – BTC Trading volumes declined at the…
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BTIG lowers AeroVironment shares target following cautious market response By Investing.com
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On Monday, BTIG revised its price target on the stock. AeroVironment AeroVironment (NASDAQ: ), a defense and aerospace company, cut its stock price to $245 from $255 previously, maintaining a buy rating on the stock. The company’s decision comes on the heels of AeroVironment’s recent investor day event held at…
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Analysis-Scientists wary of bird flu pandemic ‘unfolding in slow motion’ By Reuters
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By Julie Steenhuysen and Jennifer Rigby CHICAGO/LONDON (Reuters) – Scientists tracking the spread of bird flu are increasingly concerned that gaps in surveillance could leave them several steps behind a new pandemic, Reuters interviews with more than a dozen leading disease experts showed. Many have been monitoring the new H5N1…
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Hackers stole $176.2m in crypto in June
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The cryptocurrency ecosystem saw a spike in breakouts in June as the market was circling a bearish zone. According to data provided by PeckShield, hackers stole $176.2 million from crypto platforms in June, recording a 54.2% decrease compared to $574.6 million in May. The data shows that the lowest amount…
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Hackers stole $176.2m in crypto in June
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The cryptocurrency ecosystem saw a spike in breakouts in June as the market was circling a bearish zone. According to data provided by PeckShield, hackers stole $176.2 million from crypto platforms in June, recording a 54.2% decrease compared to $574.6 million in May. The data shows that the lowest amount…
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3 Warren Buffett Stocks That Are Screaming Buys for the Second Half of 2024 (and Beyond)
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If you’ve ever wondered why Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett attracts nearly 40,000 investors to his company’s shareholders meeting every year, and let’s look at his track record. Since assuming the CEO position in the mid-1960s, the “Oracle of Omaha” has overseen a return of about 4,964,000%…
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Dollar dips ahead of payrolls; euro gains on French poll results By Investing.com
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Investing.com – The U.S. dollar was lower in early European trade on Monday ahead of this week’s key employment report, while the euro rose after the first round of voting in France’s election. At 05:30 ET (09:30 GMT), the dollar index, which tracks the greenback against a basket of six…
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Bitcoin Shoots Past $63K as Solana (SOL) Soars Toward $150: Market Watch
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The start of the new week saw the overall cryptocurrency market attempt to recover, with its capitalization pushing towards the important $2.5 trillion market, up 2.6% on the day. Bitcoin is now trading at around $63,000, and most altcoins are also making gains. There are some important events to watch…
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Bitcoin Shoots Past $63K as Solana (SOL) Soars Toward $150: Market Watch
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The start of the new week saw the overall cryptocurrency market attempt to recover, with its capitalization pushing towards the important $2.5 trillion market, up 2.6% on the day. Bitcoin is now trading at around $63,000, and most altcoins are also making gains. There are some important events to watch…
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Asia markets mostly rise as traders digest mixed Chinese PMI, other region’s economic data
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primeimages/E+ via Getty Images Stock markets in the Asia-Pacific region started the second half of the year on a positive note as investors digested mixed Chinese PMI data, and the data showed that confidence among large Japanese manufacturers improved to a two-year high in the second quarter amid… Improving economic…
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UK June final manufacturing PMI 50.9 vs 51.4 prelim
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It’s a slight downward revision from the flash reading but still reaffirms marginal growth in the UK manufacturing sector. Both output and new orders continued to expand for the second month running. However, price pressures remain stubborn with input cost inflation hitting a 17-month high. This is a worrying sign…
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Galaxy Digital Predicts Approval Odds
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Alex Thorne, Head of Research at Galaxy Digital, recently presented analysis Regarding filings by investment firms VanEck and 21Shares for Solana Exchange Traded Products (ETPs) spot. These filings, which were filed with the US Securities and Exchange Commission (SEC) on June 28, represent an aggressive move to integrate Solana (SOL)…