Author: Investor Empires
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Wellborn Capital buys 45% stake in shipping co BHM
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Wellborn Capital, an investment firm owned by Tzvika Sobel and part of the Morris Kahn family, is investing about NIS 10 million in Israeli shipping company BHM for a 45% stake. The investment will be implemented through the allocation of new shares in order to inject capital to support the…
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MiCA Regulations Force Binance to Overhaul Stablecoin Services
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As of June 30, 2024, the European Economic Area (EEA) will impose new regulations within the Markets for Crypto Assets (MiCA) framework, specifically targeting stablecoins. Binance, one of the world’s largest cryptocurrency exchanges, plans to roll out sweeping changes to ensure compliance, affecting everything from trading to rewards. Only regulated…
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Frax Finance Founder Claims Inside Job at X Resulted in Account Hack
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Sam Kazemian, founder of Frax Finance, claimed that an internal function at Company X was responsible for the hacking of the project’s official account. The hack, which occurred on June 1, resulted in the decentralized stablecoin protocol behind FRAX USD losing access to its X account. Frax Financial Hack In…
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Frax Finance Founder Claims Inside Job at X Resulted in Account Hack
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Sam Kazemian, founder of Frax Finance, claimed that an internal function at Company X was responsible for the hacking of the project’s official account. The hack, which occurred on June 1, resulted in the decentralized stablecoin protocol behind FRAX USD losing access to its X account. Frax Financial Hack In…
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US investigates Nissan vehicles after air bag deployments By Reuters
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Written by David Shepardson WASHINGTON (Reuters) – U.S. auto safety regulators said on Monday they have opened an investigation into nearly 75,000 Nissan (OTC:) 2015 Rogue Select vehicles over reports of unintended deployment of side airbags in some of them. The NHTSA investigation was launched in response to reports of…
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Are Bitcoin Bulls Preparing to Break $74,000? Here’s What On-chain Data Says
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As for spot rates, Bitcoin is resilient, coming under selling pressure and bouncing off the 20-day moving average, as seen on the daily chart. As BTC floats above $69,000, the bulls appear to be poised for further gains in the coming days. Currently, BTC is facing a strong rejection at…
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Are Bitcoin Bulls Preparing to Break $74,000? Here’s What On-chain Data Says
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As for spot rates, Bitcoin is resilient, coming under selling pressure and bouncing off the 20-day moving average, as seen on the daily chart. As BTC floats above $69,000, the bulls appear to be poised for further gains in the coming days. Currently, BTC is facing a strong rejection at…
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What Percentage Of People Retire With A $1 Million Nest Egg? It’s Far Less Than You’d Expect
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What percentage of people retire with a nest egg worth $1 million? It’s much lower than you’d expect For decades, a retirement savings goal of $1 million has been considered the gold standard for a secure, comfortable life after work. However, the reality for most Americans is quite different. According…
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American Airlines would consider new JetBlue venture if it wins appeal By Reuters
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Written by David Shepardson WASHINGTON (Reuters) – American Airlines (NASDAQ:) told an appeals court on Monday that it would consider a new arrangement with JetBlue Airways (NASDAQ:) if it wins a ruling overturning a May 2023 decision requiring it to end the alliance. US District Judge Leo Sorokin ruled in…
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Bitcoin’s 5th Epoch: Prophecies Of What To Come
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Death, taxes and 21 million bitcoins. This we know for sure. The rest is guesswork. Today I wanted to share with you my big bets on the next halving. I’m sure in 4 years I will be complaining about some of these “prophecies” but some of them will come true.…
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Investors eye Carl Icahn’s potential interest in Caesars Entertainment (NASDAQ:CZR)
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Nelson Barnard Caesars Entertainment (Nasdaq:CZR(It calmed down a bit on Monday after a big rally last Friday when Bloomberg reported that billionaire activist investor Carl Icahn had taken a stake. Carl Icahn is a well-known name in the casino industry with a proven track record This includes owning stakes in…
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Interactive Brokers Reports 27% Increase in Daily Average Revenue Trades for May
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Interactive Brokers reported mixed results for its brokerage business in May. Trading volumes remained stable compared to April, but client assets witnessed a significant increase. Daily average revenues for trades (DARTs), a key measure of brokerage activity, remained flat at 2.36 million compared to April but were up 27% year…
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Bitcoin, Ethereum On Exchanges Drop To New Lows, What A Supply Squeeze Would Mean For The Market
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Recent data shows that Bitcoin (BTC) supply And Ethereum (ETH) on exchanges decreased significantly. This means The largest crypto codes In terms of market cap it could be well poised for big moves to the upside, with an impending supply squeeze. The supply of Bitcoin and Ethereum has fallen to…
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Housing market crisis: Landlords and investors in the rental space are thriving, top real estate leader says
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It’s no secret that we’re in the midst of an affordability crisis in the housing world. Things have not been the same since the beginning of the pandemic; House prices high and Mortgage rates Also high. For some, the idea of owning a home has become more distant, if not…
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Trust Wallet onboards Mercuryo for crypto-fiat swaps
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Trust Wallet and Mercuryo have partnered to support out-of-band cryptocurrencies for more than 30 digital assets. while Digital currencies To allow participants to store value in virtual assets built on decentralized networks, many real-world payments still require paper-based instruments for settlement in many countries and jurisdictions. Self-custodial giant Trust Wallet…
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Pro trader Dennis Okari: 3 expensive lessons of a trading pro’s journey
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“As a trading mentor, I always say that I am like a bridge, so those looking to become successful traders can learn and perhaps avoid some of the mistakes I made when I first started trading.” Becoming a professional trader didn’t happen overnight for Dennis Okari – a now sought-after…
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ECB rate cut should be positive for European equities By Investing.com
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Goldman Sachs analysts expect the European Central Bank to cut interest rates next week, a move expected to be positive for European stocks. The bank cites historical data and says European stocks typically perform well after interest rate cuts as financial conditions ease and investors become more optimistic about growth.…
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These Meme Coins Skyrocket Triple Digit as ‘Roaring Kitty’ Returned to Reddit
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Keith Gill, known online as “Roaring Kitty,” posted on Reddit that he owns $181.4 million worth of GameStop (GME) stock and call options. Following his post on Reddit, GME, ROAR, and KITTY meme coins rose 315%, 660%, and 477%, respectively. GameStop Meme Coin Rally generation mail, titled “GME YOLO UPDATE…
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Why is nobody already selling my idea?
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Starting a business often starts with a spark of inspiration. Some of us naturally find new opportunities in everything we see, so we think: “What if there was a solution to this problem?” Or “How could this be easier for people?” This curiosity then leads us to innovative ideas and…
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FXCubic Organizing Mini-Football Team Tournament in Limassol
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With the upcoming UEFA European Football Championship kicking off this week, everyone has caught football fever. This includes the most popular brands, brokers and technology providers in the industry in Cyprus, where fintech company FXCubic is organizing a mini football tournament. The tournament will be held in Wembley mini footballEpsonas,…