Author: Investor Empires
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The Most Important Crypto News This Week (June 15-22)
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This week has been very exciting in terms of developments in the cryptocurrency industry. Below, we take a look at some of the most important cryptocurrency news of the past seven days. Let’s dig deeper. Top cryptocurrency news this week The list is arranged chronologically, starting June 15. Cryptocurrency investments…
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James Mose: CEO who is his son’s caddie
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I read something once: “Home has a physical definition; A house has a spirituality.” So a house can be easily described: made of wood, concrete, and both. A house? Well, this is what remains when the house is no longer there. James Moss seems to think about his home a…
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US June S&P Global flash services PMI 55.1 vs 53.7
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Highest level in 26 months The previous one was 54.8 Manufacturing 51.7 vs. 51.0 expected Previous manufacturing was 51.3 Composite 54.6 vs 54.5 Sale prices are “at one of their lowest levels in the past four years” and their lowest level in five months “Business confidence improves for next year,…
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Fidelity Discloses $4.7 Million Seed Capital In Amended ETH ETF Filing
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Asset management firm Fidelity has made additional amendments to its application for an Ethereum (ETH) exchange-traded fund (ETF). The move comes as the investment giant and other suitors wait for the green light from the Securities and Exchange Commission (SEC) to begin trading the ETH ETF in the US. Fidelity…
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Fidelity Discloses $4.7 Million Seed Capital In Amended ETH ETF Filing
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Asset management firm Fidelity has made additional amendments to its application for an Ethereum (ETH) exchange-traded fund (ETF). The move comes as the investment giant and other suitors wait for the green light from the Securities and Exchange Commission (SEC) to begin trading the ETH ETF in the US. Fidelity…
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Tata Steel Workers to Strike for First Time in 40 Years Over Job Cuts
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In a historic move, about 1,500 Tata Steel workers will begin an indefinite strike next month in response to the company’s plans to cut thousands of jobs. This will be the first strike by UK steelworkers in more than 40 years, according to the trade union Unite. The strike, scheduled…
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EV wave still on horizon, but smaller than prior tsunami By Investing.com
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Bank of America analysts are anticipating a slower wave of electric vehicles (EV) than previously expected in their latest note covering the sector. While electric and hybrid vehicles will still account for nearly 60% of new car offerings by 2028, the bank notes that this represents a decline from 64%…
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Blockchain Firm Says Bitcoin Price Might Be Headed For $60,000
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Bitcoin’s price performance over the past week failed to bring glory to the cryptocurrency market, as the leading cryptocurrency struggled once again. This trend has been reflected in almost all large-cap assets, many of which have experienced significant losses. Unfortunately, recent price action data indicates that the price of Bitcoin…
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Blockchain Firm Says Bitcoin Price Might Be Headed For $60,000
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Bitcoin’s price performance over the past week failed to bring glory to the cryptocurrency market, as the leading cryptocurrency struggled once again. This trend has been reflected in almost all large-cap assets, many of which have experienced significant losses. Unfortunately, recent price action data indicates that the price of Bitcoin…
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India boosts defense ties with Bangladesh as it tries to become a counterweight to China
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Breadcrumb links BMN Business Article writer: Associated Press Ashok Sharma Posted on June 22, 2024 • 2 min read You can save this article by registering for free here. Or log in if you have an account. Article content NEW DELHI (AP) — India and Bangladesh on Saturday moved to…
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Bitcoin Poised For Record Highs Under Biden’s Second Term, Predicts Scaramucci
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Credit: Alitech As the 2024 US presidential election approaches, the cryptocurrency community is closely monitoring the candidates’ positions and their potential impact on the digital asset landscape. Amid the political discourse, Anthony Scaramucci, founder of Skybridge Capital and former communications director in the Trump administration, has emerged as a prominent…
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Will rash of new medical schools solve Israel’s doctor shortage?
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In recent years, academic institutions in Israel have rushed to open medical schools. Over the past few months, the University of Haifa and the Weizmann Institute have announced that they will open schools, joining Ariel University, which opened a medical school in 2019, and Bar-Ilan University, which did so a…
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Tariffs is the election-relation risk to US stocks: Goldman Sachs By Investing.com
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Strategists at Goldman Sachs highlighted the potential impact of tariffs on US companies doing business abroad as the US election campaign gains momentum. According to the investment bank giant, tariffs can significantly impact the performance of stocks with high exposure to international revenues. “Tariffs will create headwinds to the performance…
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Whale has lost $5.8 million on a memecoin, but isn’t selling yet
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A whale that spent nearly $7.68 million on the recently launched memecoin dropped 76% of the investment as the price of the token dropped. However, the whale has not sold any of its holdings despite having $5.87 million in the red as of writing. Wait, I’ll keep my beer Per…
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Alberto weakens to tropical depression over northern Mexico, 4 dead By Reuters
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(Reuters) – Alberto, the first named storm of the 2024 Atlantic hurricane season, has weakened into a tropical depression as it moves inland over northeastern Mexico, bringing more heavy rain and flooding after leaving four people dead, including three children. The governor of the Mexican state of Nuevo Leon told…
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USDJPY moves back above 159.000 after the stronger S&P global PMI data
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USDJPY rose back to the upside and returned above the 159.00 level after stronger-than-expected flash data for the S&P Global Manufacturing and Services Index. The high price was traded up to 159.206. This brings it to 100 points below the 2024 high of 160.208. The highest level was back in…
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What Will Happen to the XRP Price if Ripple Loses its Case Against the US SEC
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Turkish lire; Dr If Ripple loses the SEC lawsuit, the price of XRP could decline significantly, and the entire cryptocurrency market could see increased volatility. The regulator initially sought a penalty of $2 billion, but the latest proposal is $102.6 million, while the company is demanding a fine not to…
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Should You Buy Broadcom Now — or After the Stock Split?
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Artificial intelligence (AI) has been driving revenue and stock price growth for many technology companies recently. Investors are piling into these players who are benefiting from the AI boom now and could see even more gains in the future. After all, analysts predict that today’s $200 billion AI market could…
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Should You Buy Broadcom Now — or After the Stock Split?
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Artificial intelligence (AI) has been driving revenue and stock price growth for many technology companies recently. Investors are piling into these players who are benefiting from the AI boom now and could see even more gains in the future. After all, analysts predict that today’s $200 billion AI market could…