Author: Investor Empires
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CFTC’s Christy Goldsmith Romero to be nominated as FDIC chair
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Crebloquin President Joe Biden will nominate Christie Goldsmith Romero to serve as Chairman and Member of the White House Federal Deposit Insurance Corporation. He said Thursday. If confirmed by the Senate, she will succeed Martin Gruenberg, who will step down after leadership Federal Deposit Insurance Corporation (FDIC). About 10 years…
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The Bank of Canada is behind the curve and the loonie will suffer
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In the coming weeks, we will see a picture of deteriorating data and it will be clear that the Bank of Canada is falling behind the curve. The overnight interest rate of 4.75% is still very restrictive in an over-leveraged economy. It’s clear from Bank of Canada Governor Tiff Macklem’s…
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Court Sentences Gang For Exploiting Digital Yuan In Money Laundering Scheme
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In a groundbreaking legal case, a criminal gang in China has been found guilty of organizing a complex money laundering operation that leveraged the country’s central bank digital currency (CBDC), the digital yuan or e-CNY. The complex scheme, revealed by the People’s Procuratorate of Yueqing District in Shaoxing, Zhejiang Province,…
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Court Sentences Gang For Exploiting Digital Yuan In Money Laundering Scheme
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In a groundbreaking legal case, a criminal gang in China has been found guilty of organizing a complex money laundering operation that leveraged the country’s central bank digital currency (CBDC), the digital yuan or e-CNY. The complex scheme, revealed by the People’s Procuratorate of Yueqing District in Shaoxing, Zhejiang Province,…
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Instant noodles banned in Denmark for being too spicy
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The Danish Food Regulatory Authority has recalled a brand of instant noodles, declaring the chewy, umami-filled strands to be a health risk, despite no quality control issues. They were so hot. The Danish Veterinary and Food Administration (DVFA) has taken the decision to recall three varieties of popular instant noodle…
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Trump, Biden aide woo corporate America executives By Reuters
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Written by David Shepardson, Joey Rowlett and Gram Slattery WASHINGTON (Reuters) – Republican presidential candidate Donald Trump and Jeff Zients, White House chief of staff under US President Joe Biden, met on Thursday with top US business leaders in Washington as they seek to win the support of US companies…
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Pyth Network launches GMCI 30 crypto market index
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Pyth Network has announced the launch of the GMCI 30 Index Price Feed, making the GMCI cryptocurrency market price index accessible to over 60 blockchain ecosystems. This launch is a step towards providing smart contract and blockchain developers with real-time financial data. “We are pleased to announce that the Pyth…
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Pyth Network launches GMCI 30 crypto market index
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Pyth Network has announced the launch of the GMCI 30 Index Price Feed, making the GMCI cryptocurrency market price index accessible to over 60 blockchain ecosystems. This launch is a step towards providing smart contract and blockchain developers with real-time financial data. “We are pleased to announce that the Pyth…
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Inside President Ruto’s second Sh3.9 trillion budget – Highlights
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Treasury Cabinet Secretary Njuguna Ndung’u is tabling his second Budget in Parliament, in a tradition marked in East African Community member states. According to the EAC Treaty, Finance ministers of the partner states read their budgets simultaneously in the afternoon of the second Thursday of June. In the Sh3.92 billion…
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TradingView and Spanish EUDE Business School Partner to Advance Financial Education
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TradingView has partnered with EUDE Business School, one of the best postgraduate institutions in Madrid, to promote financial literacy among learners. This collaboration aims to integrate advanced market analysis tools into EUDE curricula, enriching the educational experience of students around the world. Promoting financial education According to the press release,…
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Bitcoin Supply on Exchanges Hits Dec 2021 Lows: What Does it Mean for BTC’s Price?
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Bitcoin price rose to $70,000 briefly this week but faltered shortly after failing to maintain momentum and taking a sharp turn. At the time of writing, the world’s largest cryptocurrency is trading at just over $67,000. However, with stock market supply falling to December 2021 lows, data suggests that a…
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Bitcoin Supply on Exchanges Hits Dec 2021 Lows: What Does it Mean for BTC’s Price?
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Bitcoin price rose to $70,000 briefly this week but faltered shortly after failing to maintain momentum and taking a sharp turn. At the time of writing, the world’s largest cryptocurrency is trading at just over $67,000. However, with stock market supply falling to December 2021 lows, data suggests that a…
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Tory Welfare Reforms Cost Working-Age Families Thousands, Pensioners Benefit – Report
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Radical changes to the UK’s social care system implemented by the Conservatives over the past decade have disproportionately benefited pensioners and people on disability benefits, while working-age families face significant financial losses, according to a recent report from the Decision Foundation. The report highlights that the Conservative Party’s 14-year sweep…
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Dollar gains on hawkish Fed, even as inflation cools By Reuters
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Written by Karen Brettell NEW YORK (Reuters) – The dollar rose on Thursday despite the US producer price inflation report for May, after the Federal Reserve adopted a hawkish tone at the end of its meeting on Wednesday. Data on Thursday showed that US producer prices fell unexpectedly in May,…
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Solana Founder Reveals SOL Surpasses Ethereum In This Major Metric
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Solana founder, Anatoly Yakovenko Announce Which SOL has surpassed Ethereumthe second largest cryptocurrency in the world with a criticality scale – the economic barrier for honest nodes to participate in the consensus. Solana outperforms Ethereum by 10X on this metric according to YakovenkoThe economic barrier to honest nodes participating in…
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Globex Receives Another $3,000,000 | Financial Post
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Article content Rouyn-Noranda, Quebec, June 13, 2024 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf, Quotrix Düsseldorf Stock Exchangespecificand GLBXF – International OTCQX in the US) Globex is pleased to inform shareholders…
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The Most Dangerous Emotion for Forex Traders
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“A greedy person and a poor person are actually the same thing.” The Swiss proverb above couldn’t be truer for us traders. As you know, many Forex traders (and their accounts) have suffered because of greed. In fact, this is the case with the proverb “Bulls and bears make money.…
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Michael Saylor’s MicroStrategy To Raise $500M To Buy More Bitcoin
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MicroStrategy, led by CEO Michael Saylor, made the announcement Raised $500 million Through a private offering of convertible notes. The proceeds will fund additional purchases, furthering the company’s Bitcoin accumulation strategy. BREAKING: ?? MICROSTRATEGY TO RAISE $500 MILLION SELLING STOCK TO BUY MORE #Bitcoin pic.twitter.com/ALsb7znGEZ — Bitcoin Magazine (@BitcoinMagazine) June…
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Michael Saylor’s MicroStrategy To Raise $500M To Buy More Bitcoin
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MicroStrategy, led by CEO Michael Saylor, made the announcement Raised $500 million Through a private offering of convertible notes. The proceeds will fund additional purchases, furthering the company’s Bitcoin accumulation strategy. BREAKING: ?? MICROSTRATEGY TO RAISE $500 MILLION SELLING STOCK TO BUY MORE #Bitcoin pic.twitter.com/ALsb7znGEZ — Bitcoin Magazine (@BitcoinMagazine) June…
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IAI deploys port protection system in Asian country
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Israeli aviation regulations It has completed the deployment of the ELI 3320 Port Guard system to protect critical coastal and marine infrastructure at an Asian port, sources close to the deal told Globes. Port Guard tracks what is happening around the port in all weather conditions and provides local authorities…