Author: Investorempires.com
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The Great Script Restoration: A Path Forward For Bitcoin
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Bitcoin was initially designed with a fully fleshed out scripting language, intended to encompass and support any potential safe use case that users could come up with in the future. As Satoshi himself put it before he disappeared: “The nature of Bitcoin is such that once version 0.1 was released,…
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Jamie Dimon says inflation is worse than people think, and that the market is too optimistic about a soft landing
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CNBC/Jamie Dimon JP Morgan CEO Jamie Dimon told Bloomberg TV that inflation may be higher for longer than people think. Dimon said markets are very optimistic about inflation, interest rates and the US economy. He added that rates are likely to rise higher than people might think. Markets are underestimating…
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Jamie Dimon says inflation is worse than people think, and that the market is too optimistic about a soft landing
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CNBC/Jamie Dimon JP Morgan CEO Jamie Dimon told Bloomberg TV that inflation may be higher for longer than people think. Dimon said markets are very optimistic about inflation, interest rates and the US economy. He added that rates are likely to rise higher than people might think. Markets are underestimating…
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Cash? Never Heard of Her: The Rise of the Instant Economy
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The satisfying heft of a cash bill fades into the background noise of our increasingly digital lives. A recent study conducted by the Federal Reserve It paints a clear picture: The era of instant gratification has reached our wallets. Businesses and consumers alike are abandoning traditional payment methods in favor…
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Bitcoin Price Consolidates Gains: Stability in the Crypto Market Amid Recent Surge
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Bitcoin price rose and tested the $66,500 area. BTC is now consolidating gains and may attempt another surge towards $67,500. Bitcoin started the consolidation phase from the $66,500 resistance area. The price is trading above $65,000 and the 100 hourly simple moving average. There is a major uptrend line forming…
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U.S. crude oil, natgas post back-to-back gains on supply data, rate cut hopes
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Slavko Sereda/iStock via Getty Images U.S. crude oil futures rose to their highest levels in a week on Thursday, extending gains from the previous session sparked by data showing slowing U.S. inflation and weekly storage data that pointed to a decline in domestic oil inventories. the The smaller-than-expected rise in…
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Dollar forecast to stabilize amid mixed economic signals By Investing.com
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Investing.com – The US dollar is expected to stabilize in the coming weeks after recent economic data showed mixed signals about the strength of the US economy. After a period of volatility, analysts at ING now expect a calmer trading environment with low volatility until more substantive data is released.…
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Tornado Cash developer appeals verdict, KOLs slam Dutch system
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Tornado Cash developer Alexei Burtsev has reportedly appealed the conviction in the Netherlands, a case that has sparked a broader discourse about cryptocurrency privacy. Burtsev and his legal team, led by attorney Keith Cheng, have reportedly filed an appeal against the 64-month prison sentence for allegedly facilitating more than $2.2…
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North Koreans stole Americans’ identities and took remote-work tech jobs at Fortune 500 companies, DOJ says
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The Justice Department on Thursday announced the arrest of three people in a complex stolen identification scheme that officials say generates enormous revenues for the North Korean government, including its weapons program. The scheme involves thousands of North Korean IT workers, who prosecutors say were sent by the government to…
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Singapore Non-oil Domestic Exports (NODX) April 2024: +7.6% m/m vs. +7.9% expected
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Singapore’s non-oil domestic exports (NODX) for April 2024 -9.3% YoY vs. -10% expected and -20.8% in March +7.6% m/m vs. +7.9% expected and -8.4% in March A noticeable decline in exports of non-electronic products, primarily medicines. SGD update, strengthened since March NODX data was released in the middle of last…
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Senate Passes Bill To Scrap Anti-Crypto Banking Policy
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The US Senate passed a resolution on Tuesday to overturn a de facto ban preventing banks in the country from offering cryptocurrency custody services. The vote sparked cautious optimism from Bitcoin’s most ardent supporters online and in Congress, who remain wary of the possibility of a presidential office veto. Will…
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Senate Passes Bill To Scrap Anti-Crypto Banking Policy
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The US Senate passed a resolution on Tuesday to overturn a de facto ban preventing banks in the country from offering cryptocurrency custody services. The vote sparked cautious optimism from Bitcoin’s most ardent supporters online and in Congress, who remain wary of the possibility of a presidential office veto. Will…
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Navigating The Futuristic Gaming Landscape with Success
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In the iGaming industry, innovative trends have shaped how people interact with casino games. Gamers are now enjoying the advent of cutting-edge graphics, immersive virtual experiences, and mobile gambling. These developments are poised to evolve and revolutionize the gambling sector in the future. One of these emerging trends is cross-platform…
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Applied Materials Q2 results top estimates as growth in China jumps By Investing.com
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Investing.com – Applied Materials on Thursday reported fiscal second-quarter results that beat estimates, led by strong growth in China as the wave of artificial intelligence continues to boost demand for chips. Applied Materials Inc (NASDAQ:) fell more than 1% in the after-hours on the news. For the three months ended…
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Analyst Says Dogecoin Is Set To Breakout: How This Could Trigger Another Meme Coin Mania
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Dogecoin is once again seeing an uptrend after Bitcoin rebounded above $66,000, which in turn sparked a recovery in the broader cryptocurrency market. Cryptocurrency analyst Crypto Scient predicts that this bull trend will continue moving forward and eventually lead to the beginning of another meme coin mania. Dogecoin is set…
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Google wants judge, not jury, decide upcoming antitrust case in Virginia
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Breadcrumb links PMN works Article writer: Associated Press Matthew Barakat Posted on May 16, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – The Google logo is seen at Google headquarters in Brussels, March…
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Google wants judge, not jury, decide upcoming antitrust case in Virginia
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Breadcrumb links PMN works Article writer: Associated Press Matthew Barakat Posted on May 16, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – The Google logo is seen at Google headquarters in Brussels, March…
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ICM Capital to Relinquish FCA License
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ICM Capital plans to end its operations in the United Kingdom, according to a notice on the regulator’s website that the forex and CFD broker has applied to cancel its licence. The Financial Conduct Authority (FCA) said that ICM “must meet our standards in dealing with its clients”. ICM is…
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The Bitcoin Ponzi Scheme Paradox
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“Ponzi scheme” has become a byword for all manner of financial frauds and monetary scams. When a rapid six month collapse erased $2T (trillion) from crypto market capitalization in 2022, mainstream media outlets were quick to again label cryptocurrencies, including Bitcoin, Ponzi schemes. Writing in the Chinese People’s Daily online…
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Regulator signals banks to keep dividends low
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Israeli banks generally distribute 40% of their quarterly profits, but this percentage is again expected to be cut in half. Banks will not return to distributing profits according to their usual profit distribution policies, and will once again be content with distributing reduced profits. Superintendent of Banks Daniil Hahiachvili sent…