Author: Investor Empires
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96% of PEPE holders in profit after month long rally
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Thanks to a stunning price surge over the past month, Pepe (PEPE) is now the most profitable token among the leading meme coins. According to data provided by IntoTheBlock, more than 96% of PEPE holders are currently making profits thanks to the 91% rise in the asset’s price over the…
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UBS rejiggers its Group Executive Board as part of Credit Suisse integration (NYSE:UBS)
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MoreISO/iStock editorial via Getty Images In a further phase of the integration of Credit Suisse into the UBS Group (New York Stock Exchange: UBS), the company announced a number of changes to its Executive Board of Directors (“GEB”), including the retirement of Credit Suisse AG CEO Ulrich Körner and Noreen…
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Daily Broad Market Recap – May 29, 2024
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The US dollar has been the biggest winner in recent trading sessions, thanks to rising bond yields and some risk-off flows. Even the somewhat gloomy Beige Book from the Fed did not appear to be enough to halt the dollar’s rise, as inflation and jobs indicators continue to show modest…
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Here’s When BlackRock’s Spot Ethereum ETF Could Launch After Updated S-1 Filing
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BlackRock has filed a revised registration statement for its proposed spot ETF. The updated S-1 filing also includes details about the company’s primary capital investor. Now, analysts suggest that US exchange-traded funds (ETFs) could launch by late June. BlackRock discloses seed capital investor information The world’s largest asset manager Presenter…
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Here’s When BlackRock’s Spot Ethereum ETF Could Launch After Updated S-1 Filing
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BlackRock has filed a revised registration statement for its proposed spot ETF. The updated S-1 filing also includes details about the company’s primary capital investor. Now, analysts suggest that US exchange-traded funds (ETFs) could launch by late June. BlackRock discloses seed capital investor information The world’s largest asset manager Presenter…
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Florida allows doctors to perform C-sections outside of hospitals
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Florida has become the first state to allow doctors to perform C-sections outside hospitals, backing a privately owned doctors’ group that says the change will cut costs and give pregnant women the more comfortable birth setting many desire. But the hospital industry and the nation’s leading association of obstetricians say…
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GBPUSD Technical Analysis – The greenback came back with vengeance
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Basic overview The US dollar received support from strong US consumer confidence data which led to a strong rise in long-term Treasury yields. However, the report showed that the labor market remains resilient which is good news for growth and not necessarily bad news for inflation. The dollar also benefited…
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PayPal Chooses Solana Blockchain For PYUSD Integration, Citing Speed And Low Fees
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Online payment company PayPal is set to integrate its stablecoin PayPal USD (PYUSD) into the Solana (SOL) blockchain, which has become an increasingly preferred option. Memcoin exporters. The move follows the successful launch of PYUSD on the Ethereum (ETH) blockchain and its subsequent addition to PayPal’s peer-to-peer (P2P) payment service.…
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Millennial Homeownership Reaches 12-Year High Amid Rising Wages
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Homeownership among millennials has risen to its highest level in more than a decade, driven by a significant rise in income among young people, according to recent research by the Institute for Fiscal Studies (IFS). The IFS findings reveal a marked recovery in property ownership among 25- to 34-year-olds, which…
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Amazon adds Grubhub food delivery service to Prime membership program By Investing.com
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Amazon (NASDAQ:) is improving its Prime membership perks by offering free Grubhub subscriptions to its members, a move aimed at adding more value to its $139-a-year loyalty program. Previously, Prime members got a year-long subscription to Grubhub, which included free delivery on orders over $12. The new deal, announced Thursday,…
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Bitcoin Pioneer Ross Ulbricht Deserves a Second Chance at Freedom
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✨ On this day exactly 9 years ago, #Bitcoin Major Ross Ulbricht was sentenced to life imprisonment President Trump pledged this week to pardon him The shocking story of his unfair path and why he deserves a chance at freedom. Thread ? pic.twitter.com/eMOQAVxFMP — Bitcoin Historian (@pete_rizzo_) May 29, 2024…
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Traders Are Bracing for a Record-Smashing Summer That Will Roil Commodities
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Breadcrumb links BMN Business Rising food and energy prices are frustrating the Federal Reserve’s efforts to combat inflation. Article writer: Bloomberg News Bloomberg News Published May 30, 2024 • 7 minutes read You can save this article by registering for free here. Or log in if you have an account.…
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10 Major Banks Join Swift’s AI Initiative to Combat $485B in Fraud
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Swift has announced the launch of two artificial intelligence (AI) pilot programs in collaboration with major global banks to enhance fraud detection in cross-border payments. The initiative aims to leverage AI technology to save the industry billions in fraud-related costs and improve the efficiency of the cross-border payments ecosystem. The…
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Key Bitcoin Level Could Trigger Massive Surge To $91,500: Analyst
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In technology analysis Shared by popular cryptocurrency analyst Josh Olszewicz on social media platform Olszewicz, who leverages both the Ichimoku Cloud and Fibonacci extensions, outlines a scenario in which a break of this key resistance level could push Bitcoin toward a target of $91,500. Here’s how Bitcoin could rise to…
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Israeli-owned Blue Bird fills vacuum in Tel Aviv flights
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While foreign airlines were delaying resuming flights to Israel, Blue Bird saw the potential and resumed operations at Ben Gurion Airport in February. The Iranian attack in April also failed to deter the Greek-registered, Israeli-owned tanker, partially filling the void left by foreign tankers. Blue Bird currently operates flights from…
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Dollar ascendant as surging US yields spur safety bid By Reuters
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Written by Kevin Buckland TOKYO (Reuters) – The dollar rose to a two-week high against its major counterparts on Thursday, as a decline in Treasuries improved the currency’s appeal due to rising U.S. yields and demand for safe-haven assets. The dollar surged to a two-week high against the euro and…
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Fourteen Hong Kong democrats found guilty in landmark subversion trial By Reuters
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Written by Jesse Pang and James Pomfret HONG KONG (Reuters) – Fourteen Hong Kong pro-democracy activists were convicted and two acquitted on Thursday in a landmark subversive trial that critics say could deal another blow to the city’s rule of law and its reputation as a global financial center. The…
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Chart Art: AUD/USD Reversal Chart Pattern Forming
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Is this a head and shoulders pattern on the 4-hour chart of the AUD/USD pair? Better be prepared in case the pair breaks below this neckline! How far do you think this Australian pair could fall? AUD/USD Forex 4 Hours Chart by TradingView The Australian dollar appears to be struggling…
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Gemini to repay Earn customers $2.18 billion
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Gemini Earn users will receive three times the value of assets locked in the disaster lending product with FTX and Genesis. On Wednesday, cryptocurrency exchange Gemini Announce It plans to repay creditors $2.18 billion worth of cryptocurrencies. The in-kind payment represents a 232% recovery for Earn users who were previously…