Author: Investor Empires
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US Treasury finalizes new crypto tax reporting rules By Reuters
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Written by Hannah Lange (Reuters) – The U.S. Treasury Department finalized a rule on Friday that would require cryptocurrency brokers, including exchanges and payment processors, to report new information about user sales and exchanges of digital assets to the Internal Revenue Service. The new requirements are aimed at cracking down…
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Solana (SOL) Surges 18%, But Watch Out For Crowd FOMO
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Solana has shown a breakout over the past few days, but the data shows that FOMO is on the rise, which could be a bad sign for a rally. Solana’s social trading volume rose along with the rally According to data from blockchain analytics firm saintSOL’s social trading volume has…
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Israel Railways electrification delayed by war and politics
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Over the past two years, work stoppages at night and on Saturdays, strikes, war, breakdowns and other delays have accumulated. As a result, the completion of the Israel Railways’ flagship strategic project of the past decade – the NIS 12 billion electrification of the national railway network – has become…
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Forexlive Americas FX news wrap: Benign PCE report collides with tumultuous politics
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Markets: Gold falls $3 to $2,342 US 10-year bond yields rose 9.8 basis points to 4.39% West Texas Intermediate crude fell 19 cents to $80.64. S&P 500 index falls 0.4% Australian Dollar Advances, Yen Lags Friday was the last day of the quarter, and this made drawing conclusions difficult. It…
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21Shares Applies For Solana ETF Amidst Crypto ETF Surge
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21 sharesA leading cryptocurrency asset manager has filed a formal application for a Solana ETF with the U.S. Securities and Exchange Commission (SEC). This makes 21Shares the second firm to file for a Solana ETF after Van Eck. This development represents a significant milestone in the ongoing efforts to bring…
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21Shares Applies For Solana ETF Amidst Crypto ETF Surge
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21 sharesA leading cryptocurrency asset manager has filed a formal application for a Solana ETF with the U.S. Securities and Exchange Commission (SEC). This makes 21Shares the second firm to file for a Solana ETF after Van Eck. This development represents a significant milestone in the ongoing efforts to bring…
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EzFill Holdings inks $165K promissory note with NextNRG By Investing.com
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Miami, FL – EzFill Holdings Inc. (NASDAQ:EZFL), a company operating in the automobile dealers and gasoline station industries, has entered into a material definitive agreement with NextNRG Holding Corp., according to a recent 8-K filing with the U.S. Securities and Exchange Commission. The agreement, dated Monday, includes a $165,000 promissory…
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4 scenarios for the markets By Investing.com
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Investing.com – In the first U.S. presidential debate, held on Thursday night, June 27, incumbent Democratic President Joe Biden failed to convince the audience that he has the ability to continue leading the world’s largest economy for a second term. Quite the opposite. The encounter was more positive for Republican…
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Lido and Rocket Pool tokens tank after SEC sues Consensys
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Read DAO (I am doingRocket Pool (RPL) prices fell sharply on Friday. At the time of writing, LDO and RPL were in the red by 15% and 10% respectively, with the losses coming as the market reacted to the latest regulatory news. The price of Ethereum (ETH) was also lower,…
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DJT stock jumps then nosedives after first presidential debate between Trump and Biden
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Trump Media and Technology Group (DJT) stock rose early Friday before erasing gains and falling by double digits after former President Donald Trump faced off against current Commander-in-Chief Joe Biden in the first presidential debate of 2024. Shares of Trump’s social media parent company, Truth Social, fell about 12% in…
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MUFG: EUR/USD outlook amid French elections and June NFP print
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Euro to US Dollar Monthly MUFG discusses the potential impact of the French elections and June’s non-farm payrolls report on EUR/USD. The focus is on the risk premium already priced into EUR/USD and how the election results could influence further moves. the main points: the current situation: Stability: The EUR/USD…
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Abey Token Now Trading on BitMart Exchange
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(Press Release – George Town, Cayman Islands, June 28, 2024) Abey Foundation is pleased to announce that Abey, a leading layer-1 blockchain, has officially launched Trade its token on BitMart Exchange cryptocurrencies starting at 14:00 UTC on 26 June 2024. This listing represents a major milestone in our journey, and…
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Abey Token Now Trading on BitMart Exchange
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(Press Release – George Town, Cayman Islands, June 28, 2024) Abey Foundation is pleased to announce that Abey, a leading layer-1 blockchain, has officially launched Trade its token on BitMart Exchange cryptocurrencies starting at 14:00 UTC on 26 June 2024. This listing represents a major milestone in our journey, and…
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Goldman’s Pasquariello: ‘It is now a good time to tap the brakes on equities’
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Deepblue4you/iStock via Getty Images Nasdaq Total Returns (NASDAQ:QQQM) During the first half of this year, it rose by 18%, while the S&P 500 (SP500) index gained by 35% since its lows in October. Additionally, since late April, stocks of major U.S. tech companies have risen 24%. But Goldman Sachs’ Tony…
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US urges dismissal of lawsuit seeking menthol cigarette ban By Reuters
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Written by Jonathan Stemple (Reuters) – The Biden administration has asked a federal judge to dismiss a lawsuit brought by anti-smoking groups demanding an end to a nearly year-long delay and ban on menthol cigarettes, which are disproportionately used by Black people and young people. In a court filing Thursday…
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Cardano Completes Crucial Vote For Constitutional Committee
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The Cardano community has successfully completed the voting process for the first members of the Interim Constitutional Committee (ICC). This committee is tasked with supporting the interim constitution and overseeing initial governance decisions on the Cardano blockchain. Cardano Concludes Decisive Voting 21 candidates, representing a broad spectrum of society, applied…
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Cardano Completes Crucial Vote For Constitutional Committee
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The Cardano community has successfully completed the voting process for the first members of the Interim Constitutional Committee (ICC). This committee is tasked with supporting the interim constitution and overseeing initial governance decisions on the Cardano blockchain. Cardano Concludes Decisive Voting 21 candidates, representing a broad spectrum of society, applied…
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Asia FX muted as dollar nears 2-mth high; yen crosses intervention levels By Investing.com
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Investing.com – Most Asian currencies moved little on Thursday as traders remained largely biased towards the dollar in anticipation of more major US economic signals. The focus was also on possible government intervention in the Japanese yen, which broke above levels that had prompted government intervention in May. Sentiment towards…