Author: Investor Empires
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NFT sales drop 16% to less than $122 million: What Happened?
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This week saw a significant decline in the non-fungible token (NFT) market, which saw sales decline by approximately 16% after a 17% surge the previous week. for every CryptoSlamTotal sales reached $121.7 million, with more than 519,000 buyers and sellers actively trading. Blockchain NFT Sales Collapse Blockchains by NFT Sales…
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Saudi Arabia Attracts British Lawyers with Lavish Perks and High Salaries
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Crown Prince Mohammed bin Salman is luring British lawyers to work on mega projects in Saudi Arabia with luxury benefits, including free housing and private school fees for their children. These concessions are part of a broader strategy to attract the best talent to help achieve the Crown Prince’s Vision…
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Reserve Bank of Australia meet Monday & Tuesday, likely cash rate hold @ 4.35%, 12 yr high
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The Reserve Bank of Australia meets today and tomorrow, Monday 17 June 2024 and Tuesday 18 June 2024. The bank’s decision is scheduled to be issued at 2.30pm Sydney time on Tuesday This is 0430 GMT and 0030 EST RBA Governor Bullock will hold her press conference an hour later,…
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Coinbase Flags Crypto Talent Drain from US Amidst Regulatory Concerns
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In a report released earlier this week, Coinbase expressed concerns about a decline in cryptocurrency talent in the United States amid the continued increase in public interest in companies. The largest US exchange has highlighted the need for regulatory clarity around the cryptocurrency space to retain talent within the country.…
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64% Of BNB Belongs To Former Binance Boss
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Changpeng Zhao (CZ), the former CEO of Binance, a leading cryptocurrency exchange, is currently serving a four-month prison sentence for violating anti-money laundering regulations. Despite his imprisonment, Czechoslovakia’s control over Binance Coin (BNB), the platform’s native token, remains strong. According to a hadith forbes report, CZ holds a staggering 64%…
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64% Of BNB Belongs To Former Binance Boss
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Changpeng Zhao (CZ), the former CEO of Binance, a leading cryptocurrency exchange, is currently serving a four-month prison sentence for violating anti-money laundering regulations. Despite his imprisonment, Czechoslovakia’s control over Binance Coin (BNB), the platform’s native token, remains strong. According to a hadith forbes report, CZ holds a staggering 64%…
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ECB’s Kazaks says mustn’t allow inflation to remain above 2% into 2026
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Member of the Governing Council of the European Central Bank Kazacs (Governor of the Central Bank of Latvia). He was very frank about the policy backdrop, saying the bank should not allow inflation to stay above 2% until 2026. European Central Bank forecasts indicate that the target inflation rate of…
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Yemen’s Houthis say they attacked two ships and American destroyer By Reuters
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CAIRO (Reuters) – Yemen’s Houthis said on Sunday they attacked two civilian ships along with a U.S. destroyer in the Red Sea and Arabian Sea in their latest effort to disrupt shipping in what they say is support for Palestinians in Gaza. The Houthi military spokesman, Yahya Saree, said in…
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Yemen’s Houthis say they attacked two ships and American destroyer By Reuters
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CAIRO (Reuters) – Yemen’s Houthis said on Sunday they attacked two civilian ships along with a U.S. destroyer in the Red Sea and Arabian Sea in their latest effort to disrupt shipping in what they say is support for Palestinians in Gaza. The Houthi military spokesman, Yahya Saree, said in…
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Emerging Player In The Crypto Market
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The cryptocurrency landscape is constantly evolving, and amidst this dynamic environment, a new player has emerged that has caught the attention of investors and enthusiasts alike – Not Quinn (no). Built on the TON blockchain, this unique token took a new approach to onboarding users into the world of Web3…
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5 Reasons Nvidia Isn’t in an AI-Fueled Bubble
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The stock market has a long history of creating bubbles, especially in the technology sector. However, when it comes Nvidia (Nasdaq: NVDA), the chipmaker’s stunning valuation may not actually be a sign of a bubble. Rather, it may reflect a deeper truth about the rapidly evolving state of artificial intelligence.…
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French election worries rekindle market memories of UK budget rout By Reuters
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By Yoruk Bahçeli and Dara Ranasinghe (Reuters) – As far-right and left-wing parties gain momentum ahead of snap parliamentary elections in France, putting pressure on President Emmanuel Macron’s centrist administration, investors are beginning to consider the risk of a budget crisis at the heart of the euro zone. The far-right…
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Federal Reserve is well poised to be patient on rate moves, Kashkari says
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LD The Federal Reserve is in a good position to monitor economic data and be patient about cutting interest rates, Minneapolis Bank President Neel Kashkari said Sunday. “We need to see more evidence to convince us of that “Inflation is on our way back to 2%,” Kashkari said on CBS’…
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Premium Forex Watch Recaps: June 10 – 12, 2024
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Our forex experts targeted this week’s UK jobs update and FOMC statement for potential short-term opportunities to watch. Of the four scenario/price forecast discussions this week, The two arguably saw both financial and technical arguments raised To become a potential candidate for a risk management overlay. Check out our review…
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Calm Before the Storm or New Stable Era?
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Bitcoin fell to a monthly low of $65,000 on June 14, and is currently down about 5% since the same time last week. However, zooming out to view the bigger picture shows that the asset is still consolidating where it has been since early March. “Bitcoin is rarely this calm,”…
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Elon Musk’s Neuralink forced a pregnant employee to work with herpes-infected monkeys: lawsuit
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Elon Musk’s brain-implant startup Neuralink Corp. forced an employee to work with monkeys carrying the herpes B virus in conditions where the animals scratched her bare skin, according to a complaint filed Friday in California state court. Employee Lindsay Short said that once she moved to the company’s Fremont, California,…
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Newsquawk Week Ahead: Highlights include BoE, SNB, US retail sales
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Week Ahead 17-21st June: Mon: PBoC MLF, Chinese Activity Data (May), EZ Wages and Labour Costs (Q1) Tue: RBA Announcement, NBH Announcement, EZ Final CPI (May), German ZEW Survey (Jun), US Retail Sales (May), Japanese Trade Balance (May) Wed: BoC Minutes, BCB Announcement, UK Inflation (May), New Zealand GDP (Q1)…