Author: Investor Empires
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Commodity Roundup: Crude oil down 2%, gold subdued as dollar firms (Commodity:CL1:COM)
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to imagine Gold prices (XAUUSD:CUR) fell on Tuesday as the US dollar held firm, with focus turning to jobs data, while oil extended its declines after hitting a four-month low, as investors continue to weigh OPEC+ production decision. Bullion rose on Monday The data also showed that manufacturing activity in…
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FX Watch: AUD/CAD’s Potential Entry Points for BOC’s Decision
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The AUD/CAD pair looks set to retest a major inflection point ahead of the Bank of Canada policy decision! In case you missed it, the Canadian dollar was one of the biggest losers yesterday after OPEC+’s decision to extend the production cut agreement until 2025 failed to ease concerns about…
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Ethereum Price Might Breakout Above $4000 Levels In June
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the Ethereum network It has been the center of intense speculation and anticipation in the world of cryptocurrencies, as its native token, Ether (ETH), has emerged as a formidable contender against the market giant, Bitcoin. As the second-largest cryptocurrency by market capitalization, Ethereum’s price dynamics have shown remarkable resilience and…
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Company that bred beagles for medical research agrees to pay record $35m fine
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A company that breeds beagles for medical research agreed Monday to pay a record $35 million as part of its criminal plea that it neglected thousands of dogs at its kennel facility in rural Virginia. Prosecutors said the penalties were the largest ever in an animal welfare case. The plea…
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The one word that markets are concerned with right now
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The rules of the game this year were supposed to be simple. The process of disinflation was supposed to continue, which would lead major central banks to cut interest rates several times. The US economy in particular should have held up well and given the Fed some breathing room to…
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Bitpanda taps Deutsche Bank to process fiat transfers in Germany
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Austrian cryptocurrency exchange Bitpanda has teamed up with Germany’s largest bank Deutsche Bank to provide real-time payment solutions. Cryptocurrency exchange Bitpanda is expanding its partnership with Deutsche Bank, Germany’s largest financial lender, to provide banking solutions for inbound and outbound transactions for users in Germany. An API-based account solution will…
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Contracts for new Sh12bn power hub to be ready in June
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Contracts for the construction of a new national electricity transmission center to be managed by the Kenya Electricity Transmission Company (Ketraco) will be ready this month for approval by Attorney General Justin Muturi, raising hopes for favorable consumer prices. The National System Control Center (NSCC) is currently located on Juja…
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Goldman Sachs updates US Conviction List for June By Investing.com
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Goldman Sachs on Monday updated its popular “US Convictions – Manager Cut List”, adding five stocks to its selection of buy-rated stocks from its US coverage. The five names added in the June update include Edwards Lifesciences Corp (NYSE:), Enphase Energy (NASDAQ:), Enphase Energy (NASDAQ:), Sempra Energy (NYSE:), Teradine (NASDAQ:),…
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Bitcoin Transactions Hit Yearly High: Over $25 Billion Transferred
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While the price of Bitcoin is stagnant below a major resistance level, the blockchain has achieved a remarkable milestone before the end of the month. On May 28, transactions on the Bitcoin network exceeded $25 billion in estimated value, marking the highest level in US dollar terms over the past…
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Bitcoin Transactions Hit Yearly High: Over $25 Billion Transferred
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While the price of Bitcoin is stagnant below a major resistance level, the blockchain has achieved a remarkable milestone before the end of the month. On May 28, transactions on the Bitcoin network exceeded $25 billion in estimated value, marking the highest level in US dollar terms over the past…
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Six ways to make your workplace more fun – and the serious reasons for having a laugh on the job
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Humans are social creatures. Our DNA is genetically programmed to spend time in communities, working with others to solve problems, create and learn. It’s what has enabled us to dominate the world as the most successful organism to ever exist. Our ability to socialize is our superpower. The working population…
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ASIC Fails to Impose Any Penalty on Block Earner for Unlicensed Offerings
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A federal court in Australia has favored Block Earner, a cryptocurrency company, by relieving it of the responsibility to pay a fine for offering interest-bearing cryptocurrency products without a proper license. Organizational disappointment? The ruling today (Tuesday) follows action by the Australian Securities and Investments Commission (ASIC) against Web3 Ventures…
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Kraken Sees Largest Bitcoin And Ethereum Outflows Since 2017, What’s going On?
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Latest data Offers Kraken, one of the leading cryptocurrency exchanges on the market, has seen the largest outflows of Bitcoin (BTC) and Ethereum (ETH) since 2017. This indicates a significant shift in digital asset holdings, which could have widespread implications for the market. Historical Kraken Flows, What’s Happening? Insights from…
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Regenx Appoints Industry Veteran Bob Fair as Vice President of Operations
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Article content EDMONTON, Alberta, June 04, 2024 (GLOBE NEWSWIRE) — Regenx Tech Corp., (“the Company” or “Regenx”) (CSE: RGX) (OTCQB: RGXTF) (FSE: YRS WKN:A2DSW3) is pleased to announce that… Which you add to the executive management team. Bob Fair joins the company as Vice President of Operations for Regenx USA,…
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Asia FX rangebound, dollar at 2-mth low amid rate cut watch By Investing.com
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Investing.com — Most Asian currencies remained range-bound on Tuesday, while the dollar hovered near two-month lows, as weak economic readings fueled expectations of an eventual interest rate cut by the Federal Reserve. But traders remain wary of risk-driven Asian markets, with key US employment data, due this week, set to…
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Australia’s First Spot Bitcoin ETF With Direct Holdings Officially Begins Trading
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Australia now officially has its first Bitcoin ETF that directly holds Bitcoin (BTC). the Mono Asset Management Bitcoin ETF (IBTC) is just getting started commerce With the opening of the Cboe Australia stock exchange. Trading under the ticker IBTC, the ETF carries a management fee of 0.98%. Urgent: ?? First…
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Analysis-Gaza war rattles European politics from the left By Reuters
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Written by Reham Al-Koussa, Lily Foroudi, and David Latona BERLIN/PARIS/MADRID (Reuters) – Nader Aslam, a German of Moroccan-Pakistani origin, had planned to vote for the Green Party in this week’s European Parliament elections. Instead, he will throw his support behind Mera25, an emerging left-wing party with a clear pro-Palestinian stance.…
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Daily Broad Market Recap – June 3, 2024
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Fed rate bets kept volatility interesting for major financial assets on Monday. Spot gold is gaining ground on general US dollar weakness and ahead of this week’s US employment data, while the Canadian dollar is attracting bearish demand ahead of the Bank of Canada’s decision. Titles: Australia’s MI inflation index…
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Crypto Investment Products See $185M Inflows, May Sets New Record At $2 Billion
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The cryptocurrency market is showing signs of a bullish recovery, with reports of a staggering $2 billion in inflows for May alone. Along with this positive trend, Ethereum (ETH) has seen a notable shift in investor sentiment as a long-awaited cryptocurrency. Exchange-traded funds Exchange-traded funds (ETFs) for the market’s second-largest…
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Crypto Investment Products See $185M Inflows, May Sets New Record At $2 Billion
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The cryptocurrency market is showing signs of a bullish recovery, with reports of a staggering $2 billion in inflows for May alone. Along with this positive trend, Ethereum (ETH) has seen a notable shift in investor sentiment as a long-awaited cryptocurrency. Exchange-traded funds Exchange-traded funds (ETFs) for the market’s second-largest…