Author: Investorempires.com
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Bitcoin’s blitz above $66k bolsters altcoin gains
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Bitcoin posted one of its best trading days in nearly two months, spurring market sentiment and capital deployments. According to CoinMarketCap, six cryptocurrencies posted double-digit price gains, with Bitcoin (BTC) surpassing $66,000 in the past 24 hours and growing over 6% on May 15. At the time of publication, data…
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FMAS:24 Session Spotlight – Know Your Partner: Do’s and Don’ts in Tech and IBs
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In just a few days, the Finance Magnates Africa Summit (FMAS:24) will kick off in Sandton City, South Africa! Have you reserved your seat for the biggest event of the year in Africa? FMAS:24, held from 20 to 22 May at the Sandton Convention Centre, returns for the second year…
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Here’s Why Polkadot’s (DOT) Price May Rally to $20-$25 Soon (Analysts)
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Turkish lire; Dr Polkadot’s price briefly surpassed $7, with its market capitalization approaching $10 billion, indicating that the market may have rebounded. Analysts emphasized that DOT could see a rally to $20-$25 or $9-$13 if it overcomes key resistance levels and benefits from recent protocol developments. Where is DOT headed?…
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Israel’s GDP jumps but still below pre-war level
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According to the Central Bureau of Statistics’ preliminary estimate, Israel’s GDP rose by an annual rate of 14.1% in the first quarter of 2024, or by 3.3% in the same quarter. This comes after a decline of 21.7% year-on-year in the last quarter of 2023, in which the Iron Sword…
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UBS forecasts shekel strength on Israel’s recovery, Fed easing By Investing.com
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UBS expects the value of the Israeli shekel to rise against the US dollar, anticipating a decrease in the geopolitical risk premium. The shekel briefly surpassed 3.80 against the dollar due to recent tensions between Iran and Israel, as well as the ongoing conflict with Hamas. UBS analysts expect these…
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Initial jobless claims dip to 222,000 last week, but still above estimates By Investing.com
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Investing.com – The number of Americans filing for unemployment benefits for the first time was higher than expected last week, although the number was down from the previous period. In the United States it fell to 222,000 in the week ending May 11, down from an upwardly revised total of…
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U.S. CPI Failed to Impress, Annual Inflation Dipped to 3.4% in April
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The headline US CPI came in weaker than expected with a 0.3% month-on-month increase in April versus an estimated 0.4% increase. This brought the annual CPI reading down from 3.5% to 3.4% as expected. Meanwhile, core inflation only reached the mark, showing a 0.3% monthly increase in core price pressures.…
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CME to Launch Bitcoin Trading for Hedge Funds and Traders
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The Chicago Mercantile Exchange (CME), the world’s largest futures exchange, plans to offer spot trading of bitcoin on its platform, according to the Financial Times. a report. The move will provide major hedge funds and institutional traders a regulated place to trade Bitcoin. New: ?? The world’s largest futures exchange,…
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The State Is The Terrorist In The Case Against Samourai Wallet
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“A state is any entity that can pardon a crime retroactively. If you pardon a murder, you get an army. If you pardon an assault, you get a police. If you pardon a theft, you get taxes. This idea exists that the sovereign ability to change the rules “For a…
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Istanbul Pushes Ahead With IPO Plan for $10 Billion Gas Grid
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Breadcrumb links PMN works Istanbul authorities are reviving a plan to privatize the city’s gas network in what could be one of Turkey’s largest initial public offerings ever. Article writer: Bloomberg News Erkan Ersoy Posted on May 16, 2024 • 2 min read You can save this article by registering…
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Cryptocurrency Market Surges with SOL Momentum
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Solana started a new rally above the $150 resistance level. SOL price has risen by about 15% and may continue to rise if it crosses the $165 resistance level. SOL price recovered higher and tested the $162 resistance level against the US Dollar. The price is now trading above the…
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Carasso to build 3 towers on Tel Aviv head office site
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Earlier this week, the Tel Aviv Local Planning and Building Committee approved a plan for the Reval Street area promoted by the Karasu Group, the company said this morning. The area between Reval, Yagia Kabaim and Yad Harutzim streets is 14 dunams (3.5 acres). Karasu plans to build three towers…
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China stock rebound rally still has legs- CICC By Investing.com
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Investing.com — Chinese stocks may still have room to rise after an impressive rally over the past three months, analysts at CICC wrote in a note, citing continued policy support and improving economic conditions. China and its indices have rebounded by about 17% and 18%, respectively, from multi-year lows reached…
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US DOJ arrests brothers for stealing $25m crypto in 12 seconds
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The US Department of Justice has arrested two brothers for stealing $25 million in cryptocurrencies. Department of Justice (DOJ) mentioned Anton and James Pepper-Bueno were arrested for stealing millions in cryptocurrency via the Ethereum blockchain in just 12 seconds. The brothers allegedly used a Maximum Extractable Value (MEV) exploit to…
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Okeanis Eco Tankers Corp. “ Key Information relating to Q1 2024 dividend By Investing.com
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Athens, Greece, May 16, 2024 (GLOBE NEWSWIRE) — Okeanis Eco Tankers Corp. announced… (OET or the Company) (NYSE: ECO/OSE: OET), announced today that the Company’s board of directors (the Board of Directors) declared a dividend on its common stock, which is classified as a return of capital for accounting purposes…
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Adyen Brews Up Global Expansion with Cotti Coffee Partnership
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Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Here’s a sneak peek at FMAS:24’s vibrant atmosphere! Join us at Africa’s premier financial…
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Some Traders Think Dogeverse Could Be the Next Meme Coin to Explode as Pepe & Floki Pump
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Meme coin mania is in full swing, with Pepe (PEPE) and Floki (FLOKI) being two of the most popular cryptocurrencies right now. However, traders are already looking for the next potential breakthrough, and many see the new Dogeverse token (DOGEVERSE) as a major contender. Pepe & Floki Lead the Coin…
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The stock market has peaked and will trade flat for the rest of 2024, Goldman equity chief says
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A stock trader at work at the New York Stock Exchange on February 24, 2020.Johannes Eisele/Getty Images The S&P 500 could trade flat for the rest of the year, says David Kostin, chief U.S. equity strategist at Goldman Sachs. He told Bloomberg TV that the index has already reached Goldman’s…
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Asia FX rises as CPI data dents dollar, puts rate cuts in focus By Investing.com
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Investing.com — Most Asian currencies rose on Thursday after some weak U.S. consumer inflation readings pushed the dollar to a one-month low and saw traders increase their bets on a September interest rate cut. But gains in some regional units were held back by a combination of weak economic data…