Author: Investor Empires
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Asia FX nurses losses as dollar hits 10-day high on easing rate cut bets By Investing.com
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Investing.com — Most Asian currencies fell on Friday and suffered sharp losses against the dollar, as hawkish signals on inflation and interest rates led traders to price in expectations of interest rate cuts in 2024. Sentiment towards Asian markets was also shaken by signs of a renewed trade war between…
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Important Binance Announcement Affecting PEPE, INJ, SUI, and More: Details
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Turkish lire; Dr Binance has added new trading pairs and trading bot services, including PEPE/EURO. The company will remove some trading and margin pairs by the end of May, and advises users to close positions to avoid losses. Latest updates Binance – the world’s largest cryptocurrency exchange – continues to…
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Important Binance Announcement Affecting PEPE, INJ, SUI, and More: Details
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Turkish lire; Dr Binance has added new trading pairs and trading bot services, including PEPE/EURO. The company will remove some trading and margin pairs by the end of May, and advises users to close positions to avoid losses. Latest updates Binance – the world’s largest cryptocurrency exchange – continues to…
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HSBC Fined £6.2 Million for Mishandling Customers in Financial Difficulty
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HSBC has been fined £6.2 million by the UK Financial Conduct Authority (FCA) for failing to properly support customers in arrears or financial difficulties. The financial watchdog highlighted that deficiencies in HSBC’s policies, procedures and staff training led to “disproportionate action” against defaulters, exacerbating their financial problems. Between June 2017…
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Chart Art: GBP/CHF Bullish Trend Pullback Zone
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The British pound pair broke the resistance level at 1.1450 but is now stopping near 1.1650. Is it time for a big correction? Take a look at the area of interest I am watching on the 4 hour time frame. GBP/CHF Forex 4 Hours Chart by TradingView Did you miss…
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Bybit CEO Denies Crypto Hack And Insolvency Rumors
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This week, online rumors claimed that the cryptocurrency exchange was experiencing insolvency issues, raising concern among the community. Amid the uncertainty, users have identified Bybit as the exchange with the alleged problems. On Wednesday, Bybit CEO Ben Zhou refuted rumors of a hack or insolvency on X, reassuring investors that…
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‘Green blitz’: As election nears, Biden pushes slew of rules on environment, other priorities
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Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Matthew Daly Published May 24, 2024 • 7 minute read You can save this article by registering for free here. Or sign-in if you have an account. Article content WASHINGTON (AP) — As he tries to secure his…
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UK retail sales the highlight of the agenda in the session ahead
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The dollar benefited from yesterday’s US PMI data, along with a reversal in risk sentiment. US indices in particular ended with losses after starting the day brightly on the back of Nvidia’s increased profits. This leaves us with an atmosphere of caution in the final period of the week. For…
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Combating Financial Repression With Bitcoin: Human Rights Activists to Gather at The 2024 Oslo Freedom Forum
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the Oslo Freedom Forum (defunct) It is scheduled to return to the Norwegian capital from June 3 to 5 for its 16th session since 2009. The conference series, hosted by the New York-based nonprofit Human Rights Foundation (HRF), will bring together humanitarians, artists, tech entrepreneurs, and world leaders to highlight…
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Combating Financial Repression With Bitcoin: Human Rights Activists to Gather at The 2024 Oslo Freedom Forum
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the Oslo Freedom Forum (defunct) It is scheduled to return to the Norwegian capital from June 3 to 5 for its 16th session since 2009. The conference series, hosted by the New York-based nonprofit Human Rights Foundation (HRF), will bring together humanitarians, artists, tech entrepreneurs, and world leaders to highlight…
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We want to be a bridge between Israel and the world
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In Israel, Novartis is focusing on marketing and clinical trials, but the country’s president, Elad Maron, says: “We know we can do more. We want to leave our mark outside of Israel.” “Novartis is one of the leaders in its field in Israel. It provides treatment to about 650,000 people…
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Singapore Air tweaks seatbelt sign policy, alters route after turbulence incident By Reuters
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SEOUL (Reuters) – Singapore Airlines (OTC:) has revised its seat belt policies on board and rerouted at least one flight after a turbulence incident this week left one person dead and dozens hospitalized, according to the airline and flight data. The airline said in a statement to Singaporean broadcaster News…
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FTM’s Key Support At Risk As Fantom Launches Sonic Foundation And Wraps $10M Funding
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The Fantom Foundation recently revealed its plans to create the Sonic Foundation and Sonic Labs in preparation for the launch of its Sonic blockchain. In an announcement on Thursday, the organization expressed its commitment to leveraging its technology and revealed additional details about upcoming developments. Phantom introduces the Sonic series…
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PlayFi Announces Exclusive Node License Presale on Polygon PoS Network to Empower Gaming Innovation By Chainwire
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New York City, New York, May 24, 2024, Chainwire PlayFi, an AI and blockchain-powered data network specifically designed for the gaming industry, today announced its plan to hold an exclusive node license pre-sale on the Polygon PoS network. Publishing the sale on the Polygon network marks PlayFi’s entry into the…
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Breaking: SEC Greenlights Ether ETFs, Issuers Await Final Approval
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The US Securities and Exchange Commission (SEC) approved applications from major exchanges, including Nasdaq, CBOE and NYSE, to list exchange-traded funds tied to the price of ether today (Thursday). This approval will likely open the door for these products to begin trading later this year. Exporters must obtain regulatory approval…
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A global labor shortage will send tech stocks soaring, with the sector poised to grow to 50% of the total stock market, Fundstrat says
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Cindy Ord/Getty Images A global labor shortage of about 80 million workers will send technology stocks heading parabolic, according to Fundstrat’s Tom Lee. The technology sector will eventually make up 50% of the S&P 500, Lee said Wednesday. “I believe AI is already addressing the global labor shortage of about…
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Dollar steadies after sharp gains post Fed minutes; sterling retains strength By Investing.com
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Investing.com – The US dollar gave up some of the previous session’s gains on Thursday, but remained near a one-week high after minutes from the Federal Reserve’s latest meeting indicated US interest rates will remain high for some time. At 04:20 ET (08:20 GMT), the dollar index, which tracks the…
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Is This MEV Trading Firm Responsible For Ethereum’s Drop Below $3,800?
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Ethereum is flat, trending higher, and outperforming the world’s most valuable currency, Bitcoin. Earlier in the day, Ethereum prices broke the $3,900 level before falling sharply to below $3,800 and bouncing back to spot prices. In an attempt to explain the unexpectedly high volatility, especially with prices rapidly falling from…
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Is This MEV Trading Firm Responsible For Ethereum’s Drop Below $3,800?
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Ethereum is flat, trending higher, and outperforming the world’s most valuable currency, Bitcoin. Earlier in the day, Ethereum prices broke the $3,900 level before falling sharply to below $3,800 and bouncing back to spot prices. In an attempt to explain the unexpectedly high volatility, especially with prices rapidly falling from…