Author: Investor Empires

  • South Korean Think Tank Warns Against Approving Crypto ETFs

    Source: Finance Magnates The debate over the approval of cryptocurrency-linked exchange-traded funds (ETFs) in South Korea has taken an interesting turn, with a prominent economic think tank warning of the potential risks associated with such products. The Korea Financial Institute, a respected research institution, has He expressed Concerns that the…

  • South Korean Think Tank Warns Against Approving Crypto ETFs

    Source: Finance Magnates The debate over the approval of cryptocurrency-linked exchange-traded funds (ETFs) in South Korea has taken an interesting turn, with a prominent economic think tank warning of the potential risks associated with such products. The Korea Financial Institute, a respected research institution, has He expressed Concerns that the…

  • Linda Yaccarino’s right-hand man Joe Benarroch out at X

    Working for Elon Musk can be the very definition of precarious employment. The Tesla Supercharger team found this out the hard way when they were fired en masse with little to no explanation. Now it’s Joe Benarroch’s turn. The former head of X’s global business operations — who was personally…

  • Dollar slips; yen briefly jumps as intervention worries linger By Reuters

    By Samuel Indyk and Ankur Banerjee LONDON (Reuters) – The dollar fell slightly on Monday but remained close to the highest level in about eight weeks, while the yen jumped briefly as it approached the 160 level that had earlier sparked verbal warnings from Japanese authorities. The yen fell to…

  • Lido DAO prediction results in 19.99% gains within 72 hours

    The latest Lido DAO (LDO) price analysis has proven to be very accurate. On Friday, June 21, the recommendation was to sell LDO at the $2.30 resistance level, with an expected drop to the $2.00 support level. As expected, the price reached a low of $1,991, confirming the validity of…

  • Parliament wades into secret public debt boss hiring saga

    The National Assembly directed the Treasury to appoint a new director general for the public debt management unit within 60 days amid secrecy over the hiring process that began in January. The Treasury and the Public Service Commission, which oversees the recruitment of civil servants, are guarded over the position…

  • ForexLive European FX news wrap: Yen edgy to start the week

    Titles: Markets: Euro advances, US dollar lags during the day European stocks rise; S&P 500 futures rise 0.1% US 10-year bond yields rose 0.8 basis points to 4.265%. Gold rose 0.2% to $2,325.58 West Texas Intermediate crude rose 0.3% to $80.97 Bitcoin fell 4.9% to $61,023 It’s been a quiet…

  • Here’s the First Critical Support if Bitcoin Drops Below $60K

    The price of Bitcoin has fallen rapidly over the past few days after failing to stay above the $70,000 level. The market is currently approaching the fundamental level. Bitcoin Price Analysis: Technical Analysis by TradingRage Daily chart As the daily time frame shows, Bitcoin price has been trending lower since…

  • Here’s the First Critical Support if Bitcoin Drops Below $60K

    The price of Bitcoin has fallen rapidly over the past few days after failing to stay above the $70,000 level. The market is currently approaching the fundamental level. Bitcoin Price Analysis: Technical Analysis by TradingRage Daily chart As the daily time frame shows, Bitcoin price has been trending lower since…

  • Evri Accelerates Sustainability with £19m Investment in E-Cargo Bikes

    Evri, the prominent parcel delivery company, is set to significantly boost its sustainability initiatives by embracing “pedal power.” Over the next year, Every plans to expand its fleet from 33 to 99 e-cargo bikes and from 168 to 270 electric cars, as part of a £19 million investment in green…

  • Chance of ‘Roaring ’20s’ outcome for US economy growing By Investing.com

    Despite the slowdown in the US economy, UBS believes that the chance of a ‘Roaring Twenties’ outcome is already increasing. “The hype is getting a little louder,” the bank says, with longer-term trends still in line with their criteria for such a prosperous decade. These criteria include real GDP growth…

  • EigenLayer Bolsters Security Amid Looming Threat, Here’s What to Know

    Special layerEiganDA, a popular decentralized infrastructure provider, has announced a significant improvement in the security of its EiganDA platform. The primary goal of this update is to strengthen defenses against Sybil and Distributed Denial of Service (DDoS) attacks by putting whitelisting security mechanisms in place. EigenLayer’s EigenDA platform is undergoing…

  • EigenLayer Bolsters Security Amid Looming Threat, Here’s What to Know

    Special layerEiganDA, a popular decentralized infrastructure provider, has announced a significant improvement in the security of its EiganDA platform. The primary goal of this update is to strengthen defenses against Sybil and Distributed Denial of Service (DDoS) attacks by putting whitelisting security mechanisms in place. EigenLayer’s EigenDA platform is undergoing…

  • International Petroleum Corporation Announces Results of Normal Course Issuer Bid

    This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Jun 24, 2024  •  Last updated…

  • Dollar slips off highs ahead of PCE data, euro sees some support By Investing.com

    Investing.com – The US dollar fell on Monday, holding on after rising to an eight-week high last week, while the euro rose despite weak German business sentiment. At 05:25 ET (09:25 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.2% at…

  • Will Ethereum Skyrocket? Analyst Predicts $6,000 By September

    Popular cryptocurrency analyst Degentrading (@degentradingLSD) made a bold prediction that the price of Ethereum will reach $6,000 by September 2024. This prediction comes in response to an analysis by Mechanism Capital founder Andrew Kang, who expects Ethereum to perform poorly despite the imminent launch of the Ethereum price. Immediately in…

  • Analysts fear private consumption recovery may falter

    After a sharp decline in private consumption by Israelis in the first months after the October 7 attack, it has recently appeared as if consumption has almost returned to normal. In the first quarter of this year, consumption increased by 6%, after declining by 7.5% in the last quarter of…

  • Nvidia is ‘in a league of its own,’ BTIG says By Investing.com

    Nvidia (NASDAQ:) stock is in a “league of its own,” BTIG analysts said in a note issued Sunday. The chipmaker’s shares recently traded nearly 100% above its 200-day moving average (DMA). According to BTIG, this is unprecedented, as the largest spread any US company has ever traded above the 200…

  • A Strategic Shift Amidst Japan’s Economic Turbulence

    Meta Planet, a public operator listed in Tokyo, has taken a bold step in the face of Japan’s economic woes by significantly increasing its Bitcoin reserves. This Bitcoin reserve strategy aims to hedge against the falling value of the yen and rising levels of government debt. Metaplanet’s first Bitcoin strategy…

  • A Strategic Shift Amidst Japan’s Economic Turbulence

    Meta Planet, a public operator listed in Tokyo, has taken a bold step in the face of Japan’s economic woes by significantly increasing its Bitcoin reserves. This Bitcoin reserve strategy aims to hedge against the falling value of the yen and rising levels of government debt. Metaplanet’s first Bitcoin strategy…