Author: Investor Empires
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Gemini Earn Recovers 97% Of Customers’ Lost Crypto
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Gemini’s bankrupt cryptocurrency lending arm has recovered nearly all of its clients’ digital assets, marking one of the industry’s most successful recoveries from insolvency to date. The cryptocurrency exchange, founded by billionaire entrepreneurs Cameron and Tyler Winklevoss, announced on Wednesday that Gemini Earn customers “received $2.18 billion of their digital…
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Carvana Co. insider sells over $12.9 million in company stock By Investing.com
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In a recent deal, an insider… Mobile home (NYSE:), the online auto retailer, sold a significant amount of company stock, for a total value of more than $12.9 million. The transactions took place on two separate dates, at prices ranging from $104.0263 to $112.7355 per share. The insider, identified as…
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UBS sees limited EUR/USD breakout potential above 1.10 by 2025 By Investing.com
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UBS has provided a forecast for the currency pair, suggesting that it may test the lower end of the current 1.05-1.10 range in the coming months. The company’s analysts expect the pair to move towards 1.05-1.07 after the euro’s recent rise, as the European Central Bank (ECB) is expected to…
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JP Morgan Says Solana ETF Expectations Is A Pipe Dream, Here’s Why
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Analysts in JP Morganan American multinational investment banking firm, tempered rising expectations for Solana ETF. They cite the SEC’s recent enforcement actions on the cryptocurrency industry as a major impediment to creating a Solana ETF. Solana ETF hopes dashed by JPMorgan analysts JPMorgan remained skeptical about the potential approval of…
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I’m about to inherit $850,000. What should I do with my windfall?
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“I have no experience handling this amount of money.” (Subject of photo is a model.) – MarketWatch/iStockphoto photo illustration Dear Quentin, I unexpectedly inherited about $850,000 and need advice on what to do with it. I’m a mother in my 40s and I’m financially independent. I make about $100k a…
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Forexlive Americas FX news wrap 29 May: The USD moves higher with higher yields.
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The US dollar rose supported by higher yields. For the third coupon auction this week, demand was less than ideal. Yesterday was the 2 and 5 year auction. Today was a 7 year note. For the trading week, the 10-year yield did not come close to 15 basis points while…
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Bitcoin: A New Hope for Innovators in Corrupt Economies
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In a world where “talent is everywhere, opportunity is not,” the current mandatory monetary system perpetuates the gap between those who have access to resources and those who do not. Even in democratic societies, which have their own flaws, people generally enjoy stable currencies, freedom, and the rule of law.…
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Bitcoin: A New Hope for Innovators in Corrupt Economies
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In a world where “talent is everywhere, opportunity is not,” the current mandatory monetary system perpetuates the gap between those who have access to resources and those who do not. Even in democratic societies, which have their own flaws, people generally enjoy stable currencies, freedom, and the rule of law.…
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Salesforce plummets on weak Q1 sales, forecast (NYSE:CRM)
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Dow closes lower on rising yields, plunge in American Airlines By Investing.com
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Investing.com — The Dow Jones closed sharply lower on Wednesday, driven by higher Treasury yields and weaker industries as airline stocks fell sharply on concerns about demand after American Airlines Inc. cut its second-quarter earnings guidance. At 16:00 EDT (20:00 GMT), it was down 411 points or 1.1%, down 0.8%,…
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Solana Remains Institutional Investors’ Favorite, YTD Flows Ramp Up To $29 Milion
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Solana (Sunday) Attracts attention quickly Institutional investors, who are showing an increasingly strong interest in this crypto token. This trend confirms the possibility Solana It could be next in line to launch a Spot ETF, a development that could significantly impact the price of the cryptocurrency token. Solana’s investment funds…
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Royal Mail, which lost $450m last year, bought by a Czech billionaire
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The owner of Britain’s Royal Mail said on Wednesday that it had accepted a takeover offer worth 3.6 billion pounds ($4.6 billion) from Czech investor Daniel Kretinski. Under the deal, Křetínský’s EP Group will buy International Distribution Services, which owns Royal Mail, for 370 pence ($4.72) per share. Including debt,…
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Royal Mail, which lost $450m last year, bought by a Czech billionaire
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The owner of Britain’s Royal Mail said on Wednesday that it had accepted a takeover offer worth 3.6 billion pounds ($4.6 billion) from Czech investor Daniel Kretinski. Under the deal, Křetínský’s EP Group will buy International Distribution Services, which owns Royal Mail, for 370 pence ($4.72) per share. Including debt,…
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Gemini Returns $2.2B to Crypto Lending Program Users Following 18-Month Suspension: Report
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Cryptocurrency exchange Gemini, owned by the Winklevoss twins, has returned $2.2 billion to users of its EARN program after halting withdrawals 18 months ago, CNBC reported. The move follows a major settlement between the New York Attorney General and Gemini’s lending partner, Genesis. Cryptocurrency Lending Users Recover Money With the…
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Shiba Inu Coin Future: Price Predictions For 2024-2030
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Curious about the Shiba Inu coin future? This article looks at price predictions for Shiba Inu from 2024 to 2030. We’ll explore the factors that might influence its value, analyze market trends, and share insights from experts. Key Takeaways Shiba Inu Coin has potential for notable price increases, with predictions…
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How Kamau Thugge’s shilling exploits have earned him African Central Banker fete
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Dr Kamau Thug’s exploits in stabilizing the fluctuating Kenyan shilling led to him being named Central Banker of the Year by African Banker magazine just one year into his tenure at the Central Bank of Kenya (CBK). This recognition comes in the wake of interventions supervised by the Governor of…
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UBS sees Swiss franc on backfoot, predicts Fed rate cuts By Investing.com
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UBS has released a report analyzing the impact of the unexpected interest rate cut by the Swiss National Bank (SNB) in March on currency markets. The SNB’s early action, before other major central banks, sparked a wave of carry trades, leading to a significant weakness in the value of the…
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The evolving landscape of crypto exchanges: P2P vs centralized systems
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. LayerK seeks to transform the digital economy through advanced computing and blockchain technology, paving the way for a future of individual independence. Peer-to-peer (P2P) and centralized (CEX) exchanges are…
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The evolving landscape of crypto exchanges: P2P vs centralized systems
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. LayerK seeks to transform the digital economy through advanced computing and blockchain technology, paving the way for a future of individual independence. Peer-to-peer (P2P) and centralized (CEX) exchanges are…
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The evolving landscape of crypto exchanges: P2P vs centralized systems
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. LayerK seeks to transform the digital economy through advanced computing and blockchain technology, paving the way for a future of individual independence. Peer-to-peer (P2P) and centralized (CEX) exchanges are…