Author: Investor Empires
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Spot Ethereum ETF Approval Process Progressing Smoothly
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In an interview at the Bloomberg Investment Summit, SEC Chairman Gary Gensler expressed confidence in the approval process for Ethereum ETFs, though he did not provide a specific timeline. He also declined to comment on how the current administration’s stance on cryptocurrencies might affect the upcoming elections. The Spot Ethereum…
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Spot Ethereum ETF Approval Process Progressing Smoothly
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In an interview at the Bloomberg Investment Summit, SEC Chairman Gary Gensler expressed confidence in the approval process for Ethereum ETFs, though he did not provide a specific timeline. He also declined to comment on how the current administration’s stance on cryptocurrencies might affect the upcoming elections. The Spot Ethereum…
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The Italian billionaire family behind Ferrari and Stellantis, bolster their stake in Philips to $4.19 billion
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The family of Italian billionaire Agnelli has increased its stake in Royal Philips NV, giving it a stake worth $4.19 billion, in a sign of increased confidence in the Dutch medical device manufacturer. Agnellis’ Exor NV now owns 17.51% of Philips, according to a U.S. regulatory filing late Tuesday. It…
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ForexLive European FX news wrap: USD/JPY trades up to highest since 1990
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Titles: Markets: The Australian dollar advances, and the New Zealand dollar lags during the day European stocks fall; S&P 500 futures fell 0.1% US 10-year bond yields rose 4.9 basis points to 4.286%. Gold fell 0.3 percent to $2,310.84 West Texas Intermediate crude rose 0.7% to $81.38. Bitcoin fell 0.9%…
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Push For Dominance: Bybit Surpasses Coinbase To Become Second-Largest Crypto Exchange
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In a notable step for the cryptocurrency sector, BybitSingapore’s leading cryptocurrency exchange has surpassed San Francisco-based cryptocurrency exchange Coinbase in terms of trading volume, securing its position as the second largest cryptocurrency exchange in the world. This achievement demonstrates Bybit’s rapid expansion and growing strength in the global digital asset…
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Deadly tax protests leave Kenya facing IMF fallout
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Parliament on Tuesday approved the controversial Finance Bill 2024, backing recommendations to withdraw some taxes, including taxes on bread, airtime and cars, which were part of a package of reforms Kenya agreed to implement in a deal with the International Monetary Fund. The vote on the amended revenue increase bill…
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Exclusive-UBS urges Swiss government to clarify capital demands, sources say By Reuters
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Written by Stefania Spezati and Oliver Hurt ZURICH (Reuters) – UBS is pressing the Swiss government to clarify how much capital the bank will need to retain capital after buying Credit Suisse, sources familiar with the matter said, amid fears that talks could drag on for several months, worrying investors.…
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Bitcoin’s Trump Card: Dividing Is The Wrong Move
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Courtesy of Bitcoin Magazine, Trump (left) with Bitcoin Magazine CEO David Bailey (right) Since Donald Trump has become more vocal To support Bitcoin As this year’s presidential campaign approaches, I’m sitting with a wide range of emotions and concerns. Outside of Bitcoin, as a left-wing voter and outspoken critic of…
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Bitcoin’s Trump Card: Dividing Is The Wrong Move
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Courtesy of Bitcoin Magazine, Trump (left) with Bitcoin Magazine CEO David Bailey (right) Since Donald Trump has become more vocal To support Bitcoin As this year’s presidential campaign approaches, I’m sitting with a wide range of emotions and concerns. Outside of Bitcoin, as a left-wing voter and outspoken critic of…
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London student named Fintech scholarship winner
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A student studying at City University London has won a fintech scholarship after a blog competition about issues students face in higher education. Sabrina Abdo, a second-year international political economy student, will receive a £1,000 bursary to help her with her studies. As part of her award, Abdo also has…
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Aussie dollar jumps on inflation spike, while yen stays under pressure By Reuters
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Written by Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) – The Australian dollar rose after a surprise jump in inflation on Wednesday raised the prospect of another interest rate hike, while the U.S. dollar maintained downward pressure on the Japanese yen. Moves elsewhere in the market were relatively muted as…
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Here’s Why The Bitcoin Bottom Is In, New Highs Imminent: Expert
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Cryptocurrency expert Duncan (@FloodCapital) recently expressed his strong belief that Bitcoin has bottomed in the market and is poised to achieve all-time highs. for him analysisshared on X (formerly Twitter), provides a detailed examination of current market dynamics and underlying fundamentals that indicate a potential bullish turn for Bitcoin and…
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Here’s Why The Bitcoin Bottom Is In, New Highs Imminent: Expert
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Cryptocurrency expert Duncan (@FloodCapital) recently expressed his strong belief that Bitcoin has bottomed in the market and is poised to achieve all-time highs. for him analysisshared on X (formerly Twitter), provides a detailed examination of current market dynamics and underlying fundamentals that indicate a potential bullish turn for Bitcoin and…
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Australia’s Headline CPI Jumped to Six-Month High of 4.0% in May
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The Australian CPI report for May surprised market expectations, with headline inflation rising from 3.6% to 4.0% y/y in May versus consensus of 3.8%. Components of the report indicated that the gains were driven by increases in housing, transportation, and tobacco prices. Link to Australian CPI report for May 2024…
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From Promising Start To Slow Adoption
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A Reserve Bank of India (RBI) stamp is pictured on a gate outside the Reserve Bank of India headquarters in Mumbai, India, February 2, 2016. REUTERS/Danish Siddiqui/File Photo India’s entry into the world of central bank digital currencies (CBDCs) has been a closely watched endeavor, with the launch of the…
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Sutskever’s AI co seen offering NIS 60,000 monthly starting pay
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Last week, Ilya Sutskever, OpenAI’s co-founder and former chief scientist, unveiled his new startup, set to be called SSI that, like OpenAI, will develop artificial intelligence technology. In a post on the They used the phrase “supreme artistic talent,” but did not provide more details than that. This immediately set…
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USDJPY Technical Analysis – The market is testing the intervention level again
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Basic overview The US dollar continues to get support from good economic data as we recently saw from the US PMIs last Friday and the US Consumer Confidence report yesterday. Such data keeps interest rate expectations stable around two cuts by the end of the year and supports risk sentiment…
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TrumpCoin Price Prediction | Is TrumpCoin a Good Investment?
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With interest in the upcoming US elections, there has been an increase in coins associated with former President Donald Trump, who is running for president again. TrumpCoin (DJT), a new cryptocurrency, was launched on May 21 and was listed on the global MEXC exchange on June 18, 2024. By June…
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TrumpCoin Price Prediction | Is TrumpCoin a Good Investment?
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With interest in the upcoming US elections, there has been an increase in coins associated with former President Donald Trump, who is running for president again. TrumpCoin (DJT), a new cryptocurrency, was launched on May 21 and was listed on the global MEXC exchange on June 18, 2024. By June…
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India’s Modi wins test of strength in parliament with election of speaker By Reuters
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MUMBAI (Reuters) – Indian Prime Minister Narendra Modi passed the first major political test of his third term on Wednesday after one of the ruling party’s candidates was elected speaker of parliament’s lower house, defeating an opposition lawmaker by a vote. Om Birla, of Modi’s Bharatiya Janata Party, who was…