Author: Investor Empires
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Ripple CEO talks stablecoins, DC shift, ETFs
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Ripple CEO Brad Garlinghouse said there is a massive shift in the outlook for cryptocurrencies in the capital, and regulations could spur an inevitable boom in the stablecoin market. Speaking at the 2024 Consensus Conference, Garlinghouse emphasized the impact of cryptocurrencies on the upcoming election to determine the next US…
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NowVertical Group Reports First Quarter 2024 Financial Results
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published May 30, 2024 • 7 minute…
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Dollar rebounds as equities dip, eyes on Treasury auctions By Investing.com
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Investing.com – On Wednesday, the DXY index rose past the 105 mark. This move sparked debates among market watchers about whether this signifies the beginning of a new upward trend or is merely a continuation of range trading amid a period of low volatility. The recent pattern of weak results…
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Riot Platforms Pursues Acquisition of Competitor Bitcoin Miner Bitfarms
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Riot Platforms Inc., a leading cryptocurrency mining company, has announced its intention to acquire Bitfarms Ltd., another important player in the Bitcoin mining industry. Riot has already taken a 9.25% stake in Bitfarms and plans to make a public takeover bid despite a recent rejection by the company’s board. Global…
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Riot Platforms Pursues Acquisition of Competitor Bitcoin Miner Bitfarms
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Riot Platforms Inc., a leading cryptocurrency mining company, has announced its intention to acquire Bitfarms Ltd., another important player in the Bitcoin mining industry. Riot has already taken a 9.25% stake in Bitfarms and plans to make a public takeover bid despite a recent rejection by the company’s board. Global…
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Edeltech buys Turkish co’s Ashdod – Ramat Negev Energy stake
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Edeltech Group announced that it has signed an agreement to acquire Zorlu Energy’s entire stake in Ezotech Electric, the joint venture through which Edeltech and Zorlu own power plants through Ashdod Energy and Ramat Negev Energy. The joint venture has cogeneration production licenses and a total electricity production capacity of…
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Analyst Delivers Gloomy Prediction For Dogecoin, Price Could Crash Despite Bitcoin Recovery
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CrediBULL Crypto Cryptocurrency Analyst He once again revealed his bearish forecast for Dogecoin (DOGE). The analyst explained how the main meme coin could fall significantly based on this Bitcoin price movement. How DOGE Price Can “Bleed” CrediBULL Crypto was mentioned in an X (formerly Twitter) mail There are two ways…
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Vanda Pharmaceuticals Announces Participation in the Jefferies 2024 Global Healthcare Conference By Investing.com
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Washington, May 30, 2024 /PRNewswire/ — Vanda Pharmaceuticals Inc. (NASDAQ:) Vanda (Nasdaq: VNDA) announced today that the company will participate in the Jefferies 2024 Global Healthcare Conference in… New York City on Thursday, June 6, 2024. A corporate presentation is scheduled 2:00 PM EST. The company’s presentation at the Jefferies…
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Exclusive-TikTok preparing a US copy of the app’s core algorithm, sources say By Reuters
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Written by Crystal Ho and Sheila Dang (Reuters) – TikTok is working to clone its recommendation algorithm for its 170 million American users, which could lead to a version that operates independently of its Chinese parent company and is more palatable to U.S. lawmakers who want to ban it, according…
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Is The MEV Monster Under Bitcoin’s Bed?
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What is MEV? For starters, maximum extractable value (MEV) involves various techniques used by market actors to gain additional value by exploiting price inefficiencies in blockchain transactions. One naive form of MEV is called a “transaction sniper.” Recently, manifestations of this phenomenon have started populating your local Bitcoin meme pools…
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Dell beats first-quarter revenue estimates as AI boom bolster server demand
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(Reuters) – Dell Technologies beat Wall Street estimates for first-quarter revenue on Thursday, snapping a six-quarter streak of declines, thanks to surging demand for its artificial intelligence-powered servers. The surge in demand for high-performance computing and large-scale data centers to support the growing adoption of generative AI has spurred investments…
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Dogecoin’s Famed Mascot Kabosu Dies at 18
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Kapusu, the Japanese Shiba Inu who became the face of the popular cryptocurrency Dogecoin, recently died at the age of 18. Its owner, Atsuko Sato, announced the news in an emotional blog post last Friday. Kabosu became an internet icon as the face of Dogecoin, a cryptocurrency that started as…
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Crypto Strategist Who Predicted Bitcoin Rejection At $70,000 Reveals Where Price Is Headed Next
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Crypto strategist who accurately And he expected Bitcoin’s current downtrend showed where the price goes from here. If the analyst’s predictions are correct, the decline in the cryptocurrency market may only be in its early stages. Bearish indicators of a Bitcoin collapse are accumulating Earlier this week, when the cryptocurrency…
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Crypto Strategist Who Predicted Bitcoin Rejection At $70,000 Reveals Where Price Is Headed Next
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Crypto strategist who accurately And he expected Bitcoin’s current downtrend showed where the price goes from here. If the analyst’s predictions are correct, the decline in the cryptocurrency market may only be in its early stages. Bearish indicators of a Bitcoin collapse are accumulating Earlier this week, when the cryptocurrency…
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UnitedHealth cybersecurity breach deserves federal probe – Sen. Wyden
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Da cook Senator Ron Wyden (D-Ore.), Chairman of the Senate Finance Committee, has called on the Federal Trade Commission (FTC) and the Securities and Exchange Commission (SEC) to investigate what he calls “negligent cybersecurity practices” that led to a February ransomware attack on a group UnitedHealth(New York Stock Exchange: United…
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JPMorgan notes easing dollar long positions in May By Investing.com
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JPMorgan highlighted the shift in currency market dynamics, noting a decline in the value of the dollar in May after a period of large long positions at the end of April. The bank’s analysis indicated that currency-only hedge funds had a more modest stance on the dollar in April compared…
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The Blackrock Bitcoin ETF (iBIT) Displaces Grayscale GBTC To Become The Market’s Largest Spot Bitcoin ETF.
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In the ever-evolving world of cryptocurrencies, there has been a shift in the ETF landscape, with the BlackRock Bitcoin ETF known as iShares Bitcoin Trust (IBIT) taking the lead. This pivotal development positions IBIT as the leading Bitcoin ETF in the US, surpassing Grayscale’s longstanding Bitcoin Trust (GBTC) and representing…
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Housing crisis: Top real estate economist calls the housing market unaffordable
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If there was one word to succinctly describe the world of housing right now, what would it be – perhaps unaffordable? That’s what it looks like for Redfin’s chief economist, Chen Zhao, who said earlier this week: “Affordability is actually the story in the housing market right now.” in Interview…
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Hester Peirce proposes for cross-border digital securities sandbox
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SEC Commissioner Hester Peirce has proposed creating a sandbox for cross-border digital securities in response to a joint consultation conducted by the Bank of England and the Financial Conduct Authority (FCA). The proposal aims to foster innovation and enhance regulatory oversight by allowing companies in both the UK and US…
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Hester Peirce proposes for cross-border digital securities sandbox
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SEC Commissioner Hester Peirce has proposed creating a sandbox for cross-border digital securities in response to a joint consultation conducted by the Bank of England and the Financial Conduct Authority (FCA). The proposal aims to foster innovation and enhance regulatory oversight by allowing companies in both the UK and US…