Author: Investor Empires
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$2.9 Billion In Mt. Gox Bitcoin On The Move For The First Time In 5 Years, Where Is It Headed?
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Mount Gox, a bankrupt Bitcoin exchange based in Shibuya, Tokyo, Japan, carried out a large-scale Bitcoin transfer to several unknown wallets. The move has spooked the wider cryptocurrency market, raising concerns about the potential Selling pressure. Mt Gox transfers over $2.9 billion worth of Bitcoin On May 27, blockchain analytics…
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Post-Covid, China is back in Africa and doubling down on minerals
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China’s flagship economic cooperation program is bouncing back after a lull during the global pandemic, with a primary focus on Africa, according to a Reuters analysis of lending, investment and trade data. Chinese leaders cite billions of dollars allocated for new construction projects and record two-way trade as evidence of…
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U.S. Treasury auctions off $70 billion of five-year notes at a high yield of 4.553%
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High yield 4.553% WI level at option time 4.540% Tail: +1.3 basis points versus six averages. -0.1 pressure point Bid to cover: 2.3X versus a six-month average of 2.41X Traders: 19.52% vs. six-month average of 16.0% Direct: 15.44% vs. six-month average of 17.9% Indirect investments: 65.04% vs. six-month average of…
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Attacker Says Smart Contract Tax Code Is “copy Paste” Job
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Image courtesy: Coindesk.com The cryptocurrency landscape is full of volatility and unpredictability, as even the most well-known projects can fall victim to devastating cryptocurrency-related scams. The latest saga surrounding the Normie meme is here Ethereum The second layer network, Base, is a cautionary tale for both investors and developers in…
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Attacker Says Smart Contract Tax Code Is “copy Paste” Job
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Image courtesy: Coindesk.com The cryptocurrency landscape is full of volatility and unpredictability, as even the most well-known projects can fall victim to devastating cryptocurrency-related scams. The latest saga surrounding the Normie meme is here Ethereum The second layer network, Base, is a cautionary tale for both investors and developers in…
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Rachel Reeves Pledges ‘Most Pro-Growth Treasury in History’
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Labour’s shadow chancellor Rachel Reeves will commit to leading “the most pro-growth Treasury in our country’s history” if her party wins the election on July 4. In her first major economic speech of the campaign, Reeves will promise to “bring growth back to Britain” and ensure a pro-business, pro-Labour government…
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Ethereum vehicles attract $36m after ETF greenlight
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US Securities and Exchange Commission approvals for Ethereum ETFs have improved investor sentiment around the second-largest cryptocurrency asset, sending net inflows to a two-month high. Ethereum (ETH) investment products recorded $36 million in inflows last week for the first time since March, according to a CoinShares report on May 28.…
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NMDP BioTherapies To Present Data at ISCT 2024 on the Stability of Infectious Disease Marker Analytes During Donor Qualification for Allogeneic Cell Therapies
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Article content The study, jointly conducted by researchers from Labor Quade and Johns Hopkins University School of Medicine, analyzed the long-term stability of IDM analytes in non-centrifuged peripheral blood samples to allow for increased flexibility in processing donor samples. The study results indicate that the widespread use of blood processing…
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This Why Chainlink (LINK) Could Keep Rising in the Following Months: Analysts Chip in
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Turkish lire; Dr While the broader cryptocurrency market corrected, Chainlink (LINK) rose to nearly $19, recording a daily increase of 6%. Analysts expect further gains for the asset, supported by rising whale activity and key partnerships. Metrics show high transaction volume and a shift from exchanges to self-custody, indicating reduced…
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130 top economists warn gov’t policy endangers Israel’s existence
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Today, 130 of Israel’s leading economists published a harsh letter strongly warning that the government’s policy is leading the country towards the abyss and endangering its very existence. Economists say this is due to a combination of the increased burden of military reserves on the working population and the continued…
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BofA sees dollar weakness amid negative US data, China optimism By Investing.com
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Bank of America (BofA) highlighted several factors contributing to potential headwinds for the US Dollar (USD). The bank pointed to recent negative surprises in US economic data and growing positive sentiment towards the Chinese economy as key drivers behind the US dollar’s challenges. Furthermore, Bank of America noted the currency’s…
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From YouTube To Crypto: Steve Chen Backs Solana-based Memecoin, Here’s What To Know
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Popular YouTube co-founder Steve Chen is currently in the spotlight open His new support Meme coin based on Solana PAJAMAS, inspired by his beloved cat. The move marks Chen’s significant foray into the cryptocurrency space, marking a shift from his previous focus on video technology to the ever-evolving cryptocurrency market.…
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From YouTube To Crypto: Steve Chen Backs Solana-based Memecoin, Here’s What To Know
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Popular YouTube co-founder Steve Chen is currently in the spotlight open His new support Meme coin based on Solana PAJAMAS, inspired by his beloved cat. The move marks Chen’s significant foray into the cryptocurrency space, marking a shift from his previous focus on video technology to the ever-evolving cryptocurrency market.…
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BayFirst Financial’s president buys $5.9k in company stock By Investing.com
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In a recent transaction dated May 24, Oliver Robin Lee, president and chief operating officer of BayFirst Financial Corp. (NASDAQ:BAFN), purchased 500 shares of the company’s common stock, investing a total of $5,896. The stock price for this acquisition was $11.7925. This purchase by a key executive is a noteworthy…
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US consumer confidence and housing in focus today
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The US is back from vacation today, and this should put the forex market at full capacity after a period of low trading volumes. This means we could see some bigger flow-driven moves today, especially as we approach the end of the month. Volatility can also rise if there is…
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Bitcoin ETPs Begin Trading on the London Stock Exchange
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The first Bitcoin exchange-traded products (ETPs) have made their debut on the London Stock Exchange after receiving approval from the UK Financial Conduct Authority. Asset managers WisdomTree and 21Shares both listed Bitcoin traded products on the London Stock Exchange today. New: ??#Bitcoin Trading on the ETPs will begin on the…
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Should You Buy Dell Stock Before May 30?
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Previews Fool.com Contributor Parkev Tatevosian Dell Technologies’ (NYSE: Dell) Upcoming earnings release and answers if investors should buy the stock today. *Stock prices used are afternoon prices of May 24, 2024. Video was published on May 26, 2024. Should you invest $1,000 in Dell Technologies now? Before you buy shares…
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One last blow-off rally in cyclicals is plausible By Investing.com
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BCA Research believes there is potential for a “recent surge in cyclical stocks,” with the US manufacturing cycle following a surprisingly stable pattern for more than seven decades. “History suggests that this cycle tends to last for approximately 36 months, with the lower leg extending for 18 months, followed by…