Author: Investor Empires
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US stock futures inch higher in slim trade as PCE data approaches By Investing.com
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Investing.com — U.S. stock index futures rose slightly in overnight trading Monday, with the focus largely on more signals on interest rates from key inflation data due later in the week. Memorial Day weekend kept trading volumes minimal. But trading volumes are expected to rise this week with a barrage…
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Is Solana Becoming The Preferred Choice For Ethereum Developers? SOL’s Uptrend Suggests A Shift
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Since the collapse of trading companies like FTX in November 2022, the Solana blockchain has seen significant gains and regained investor confidence, with Ethereum developers increasingly migrating to it. According to a recent analysis by Jack Inabent, Senior Analyst at Bankless, with significant growth in key metrics and a year-to-date…
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Israel Canada buys prime Tel Aviv site for NIS 443m
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A 45-storey tower will be built on the site between Dubnov Street and Leonardo da Vinci Street, which is currently used as a car park. The parking lot located at 4-6 Dubnov Street in central Tel Aviv, between Dubnov Street and Leonardo da Vinci Street, was sold at an Israel…
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DNA Payments and SUNMI Join Forces to Enhance UK Card Payments
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UK-based Fintech DNA Payments and SUNMI, an IoT company, announced the launch of their partnership at this year’s Retail Technology Expo in London. The collaboration aims to strengthen their presence and solution offerings in the card payments space in the UK. Both companies have established a strong foothold in sectors…
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Ethena Labs releases triple USDe attestation
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Ethena Labs has pledged to publish monthly reports detailing custody and staking information to improve transparency around its USDe stablecoin. Artificial dollar issuer Ethena Labs Released Three custodial certificates for the assets backing the $2.67 billion powerful USDe token, which is covered by cryptocurrencies including Bitcoin (BTC) and Ether (ETH).…
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Ethena Labs releases triple USDe attestation
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Ethena Labs has pledged to publish monthly reports detailing custody and staking information to improve transparency around its USDe stablecoin. Artificial dollar issuer Ethena Labs Released Three custodial certificates for the assets backing the $2.67 billion powerful USDe token, which is covered by cryptocurrencies including Bitcoin (BTC) and Ether (ETH).…
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Canada pledges more visas for Gazans, says it’s ‘horrified’ by Israeli attack in Rafah By Reuters
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By Ismail Shakil OTTAWA (Reuters) – Canada said on Monday it would issue visas to 5,000 residents of the Gaza Strip, more than it initially pledged, and said it was “horrified” by the Israeli air strike on Rafah that caused a fire that killed 45 people. . The visas for…
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Japan, at G7 meet, renews push to keep yen bears in check By Reuters
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Written by Laika Kihara STRESA, Italy (Reuters) – Japan renewed its push to counter excessive decline in the yen at a weekend meeting of Group of Seven (G7) financial leaders, after a recent rise in bond yields to a 12-year high failed to slow the currency’s stubborn decline. . The…
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Normie Token Plummets 99% After Smart Contract Exploit
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The value of the Normie token (NORMIE) dropped by 99% within three hours after it fell victim to a smart contract exploit, temporarily dropping its market value from $42 million to $200,000. Following this exploit, the developers of the Base meme are in discussions with the person responsible for the…
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Stocks held by ARK Invest’s flagship innovation fund have seen huge losses. Here are the fund’s 10 biggest losers.
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Photo by Marco Bello/Getty Images Ark Invest’s leading ETFs are experiencing huge losses, with individual holdings falling by as much as 93%. The fund’s performance has significantly underperformed the broader stock market, and only one of its top 10 holdings is in the green. These are the top 10 losing…
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Week Ahead in FX (May 27 – 31): Global GDP and Inflation Updates Plus China’s PMIs
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The PMIs are out and now it’s time for the leading lagging indicators to take center stage! Inflation updates may move interest rate expectations for major central banks, while global GDP releases may influence the strength of individual currencies in the next few days. Before all that, ICYMI, I wrote…
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Could Ethereum Outshine Bitcoin With New US Spot ETFs? Traders Bet Big
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Ethereum is currently at the top of traders’ minds, driven by recent regulatory developments in the United States. Anticipation of approval of exchange-traded funds (ETFs) for Ethereum has ignited a rally in its value. ETH price has so far seen a notable uptrend of over 20% in the past weeks,…
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Furiosa tops box office for no. 1 film on worst Memorial Day movie weekend in decades
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It was a close race, but the Wasteland Warrior.”Furiosa: The Mad Max Saga“It was slightly ahead of the blocky Orange Cat with an estimated $32 million in ticket sales over the four-day weekend according to studio estimates Monday.”Garfield movie“, a Sony release, grossed $31.1 million in its first four days.…
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Macron and Scholz make a joint call for more integration, less bureaucracy
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Schultz Macron French President Macron made a rare state visit to Germany today and the two leaders launched a Joint editorial A renewed call for integration into the European Union. And this is her heart: Germany and France are convinced that the EU needs more innovation, more single market, more…
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Crypto Analyst Predicts 28,900% Rally To $154 For XRP Price, Here’s When
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Cryptographic analyzer CryptoBull recently highlighted a bullish pattern that could be sent Ripple price to three numbers. However, the analyst failed to give a specific timeline for when this massive rise will occur. XRP price reaches $154 CryptoBull was mentioned in an X (formerly Twitter) mail This chart shows that…
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Crypto Analyst Predicts 28,900% Rally To $154 For XRP Price, Here’s When
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Cryptographic analyzer CryptoBull recently highlighted a bullish pattern that could be sent Ripple price to three numbers. However, the analyst failed to give a specific timeline for when this massive rise will occur. XRP price reaches $154 CryptoBull was mentioned in an X (formerly Twitter) mail This chart shows that…
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Court revokes recall of chief lands registrar appointment
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The Employment and Labor Relations Tribunal has annulled the appointment of Mr David Nyambasa Nyandoro as Chief Land Registrar. Instead, Justice Biram Onjaya directed Principal Secretary of the Ministry of Lands and Urban Planning, Mr Nixon Korir, to appoint Dr Peter Mburu Ng’ang’a to the position recommended by the Public…
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how the EU is making tech magic
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What happens when the secure world of blockchain meets the intelligence of AI? Find out how EU combines these techniques to create something magical. Blockchain and AI are two buzzwords that you may have heard a lot about. But what happens when these technologies combine? The European Union is studying…
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Families Rush to Transfer Property Amid Fears of Labour’s Inheritance Tax Crackdown
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Wealthy landowners are hastily transferring their estates to their children ahead of the general election, driven by fears that a Labor government may tighten inheritance tax breaks. Concerns about potential tax bills have prompted many to speed up property transfers, said Joseph Adonis, a partner at Moore Kingston Smith and…