Author: Investor Empires
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Floki Ecosystem Bolstered By Landmark $12M Investment From DWF Labs
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Image from the Economic Times The Floki ecosystem is set to see a major boost as leading cryptocurrency trading and multi-stage investment firm, DWF Labs, announced a groundbreaking $12 million investment in the project’s native cryptocurrency, FLOKI. This strategic move follows DWF Labs’ previous commitment to purchase $10 million worth…
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Israeli forces rescue four hostages from Gaza Strip
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This morning, in a complex joint operation carried out by the Israeli army, the Israeli General Security Service (Shin Bet) and the Israeli police’s anti-terrorism unit, four Israeli hostages were freed from the Gaza Strip. The four are Noa Argamani (25), Almog Meir (21), Andrei Kozlov (27), and Shlomi Ziv…
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Haruko Integrates Stacks to Deliver Institutional Asset Management on Bitcoin L2
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Bitcoin’s growing layer 2 ecosystem has gained a boost with the integration of Stacks into institutional digital asset provider Haruko’s framework. The move will make it easier for institutions to learn about Bitcoin assets and DeFi products, which can be traded at a scalable L2 level in Stacks. Heaps It…
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Meme coins drop over 10% following GameStop’s stock crash
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Meme coins saw a notable decline alongside the GameStop stock collapse on June 7. Although the decline was smaller than GameStop’s, major coins like Pepe, Dogewheat, Floki, and Bonk fell more than 10%. The unpredictability of the market was evident as GameStop stock had risen 47% the previous day in…
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Meme coins drop over 10% following GameStop’s stock crash
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Meme coins saw a notable decline alongside the GameStop stock collapse on June 7. Although the decline was smaller than GameStop’s, major coins like Pepe, Dogewheat, Floki, and Bonk fell more than 10%. The unpredictability of the market was evident as GameStop stock had risen 47% the previous day in…
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Haiti’s interim PM stable after hospitalization for ‘slight illness’ By Reuters
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PORT-AU-PRINCE (Reuters) – Haiti’s new interim Prime Minister Gary Connell is in stable condition after being hospitalized for an unspecified illness on Saturday afternoon, his office said. Local media reported earlier that Connell (58 years old), who took office just over a week ago, was taken to hospital after suffering…
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ECB’s Holzmann says further rate cuts by the Bank could slam EUR and spike inflation
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Robert Holzmann is the Governor of the Austrian Central Bank and a member of the Governing Council of the European Central Bank, described by many critics as the A1 hawk at the table. Holzmann spoke in a radio interview on Saturday with public broadcaster ORF (Österreichischer Rundfunk, “Austrian Radio”). He…
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Bitcoin Miner Core Scientific Partners With AI Firm, Forecasts $3.5 Billion in Revenue
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Core Scientific, a major player in the digital infrastructure industry in North America, announced a strategic partnership that includes a series of long-term contracts spanning 12 years with CoreWeave, an AI hyperscaler company. Under the agreement, Core Scientific will supply approximately 200 MW of infrastructure to support CoreWeave’s high-performance computing…
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Nvidia May Be an Exciting Stock, but Its 10-for-1 Stock Split — Like Most Stock Splits — Is a Nothing Burger
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If you don’t know much about Semiconductor giant Nvidia (Nasdaq: NVDA), it’s worth learning, because the company has recently achieved great success in the field of artificial intelligence (AI). Nvidia is often in the news, most recently due to a 10-for-1 stock split, which has many investors excited. But most…
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These are the S&P 500 historical returns during election years By Investing.com
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According to analysts, election years can be a time for strong returns in the stock market, as the S&P 500 has historically averaged 10% to 20% return since 1928. Interestingly, the third year of a president’s term appears to be the sweet spot, with analysts citing an average return of…
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Major world economies seeking to stop new private sector coal financing – Reuters
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keni1/iStock via Getty Images Reuters reported this week that some of the world’s major economies want to finalize a plan before this year’s UN COP29 climate summit in November to halt new private sector financing for coal projects. If the draft proposal is approved by The OECD would be the…
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Futu Buys into Airstar Bank, Now Holds 44.1% Indirect Stake
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Futu Holdings Limited, an online brokerage and wealth management platform, has announced the completion of a HK$440 million investment in Gravitation Fintech HK Limited. Gravitation Fintech is the parent company of Airstar Bank, a virtual bank licensed in Hong Kong. Following this investment, Foto now has an indirect stake of…
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Why Joe Biden Hates Bitcoin
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Over the past four years, President Joe Biden has shown a clear reluctance to support the bitcoin and cryptocurrency industry, as evidenced most recently by his vetoes of important legislation and his administration’s broader stance. On May 31, Biden vetoed a pivotal bill that would have allowed highly trusted financial…
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How to move past a painful breakup, according to relationship therapist
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One month after my relationship ended, I went to see Esther Perel speak at the 92nd Street Y. She polled the audience, as she always does, and asked, “How many of you are in a relationship or married?” For the first time in a long time, that wasn’t me. Then…
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USD continues its run to the upside. Dollar at new highs vs EUR, GBP, JPY, CHF AUD & NZD
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The US dollar continues to rise in an uptrend, with the US dollar making new highs against all major currency pairs except the Canadian dollar. Euro against the US dollar. EURUSD is testing the 38.2% retracement level of the upward move from the May 1 low. This level comes at…
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Analyst Forecasts Meteoric 21,700% Rise To $17, Here’s When
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Cryptocurrency analyst Javon Marks He made a very bullish prediction for Dogecoin price In this bull race. The analyst claims that the first memecoin could achieve such ambitious heights based on its performance Previous market cycles. Dogecoin will rise to $17 in this rally Marx subscriber A chart on his…
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Analyst Forecasts Meteoric 21,700% Rise To $17, Here’s When
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Cryptocurrency analyst Javon Marks He made a very bullish prediction for Dogecoin price In this bull race. The analyst claims that the first memecoin could achieve such ambitious heights based on its performance Previous market cycles. Dogecoin will rise to $17 in this rally Marx subscriber A chart on his…
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King Kaka: ‘I was a slave to money, now I’m living’
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Perhaps Kennedy “King Kaka” Obema’s journey to stardom is a metaphor for the path I took to meet him. I’m on Mombasa Road, where it joins the Outer Ring Road, and heads into Tasya, via a tarmac or what used to be a tarmac road, lots of potholes breaking axles,…
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Traders Trust’s CEO Officially Launches New Platform
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Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…
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Bitcoin Price In June Eyeing $80,000 Milestone As Open Interest For Bitcoin In June Reaches 19B
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The cryptocurrency market has been full of excitement as Bitcoin (BTC) continues to push the limits of its price performance. After breaching the $70,000 mark, traders and analysts are now eagerly anticipating the possibility of Bitcoin price in June 2024 reaching the highly coveted $80,000 level. This renewed bullish momentum…