Author: Investorempires.com

  • SEC Suffers Embarrassing Blow To Anti-Crypto Bill, Ripple CLO Celebrates The Victory

    The US Securities and Exchange Commission (SEC) has faced another embarrassing setback, issuing an anti-cryptocurrency bill Proposal By the regulator it was completely closed before United States Senate. Stuart Alderotti, Ripple’s chief legal officer (CLO), publicly celebrated this result, marking a noteworthy victory for the cryptocurrency industry. The SEC’s anti-cryptocurrency…

  • Dolce & Gabbana sued by customer over NFT outfits for metaverse

    Article content A lawsuit has been filed against Dolce & Gabbana USA Inc. By a customer who said NFTs he spent $6,000 on that came with clothes to wear in the Metaverse lost 97 percent of their value because the Italian luxury fashion house misdelivered them. The company sold non-fungible…

  • US Leading Economic Index (LEI) M/M -0.6% vs. -0.3% expected

    US LEI -0.6% vs -0.3% expected and -0.3% previous. “Another decline in US LEIs confirms that softer economic conditions lie ahead,” said Justyna Zabinska-La Monica, senior director of business cycle indicators at The Conference Board. “Deteriorating consumer expectations about business conditions, weak new orders, a negative yield spread, and a…

  • $5.1 Billion Pension Fund CIO Joins Non-profit Organization Focused on Bitcoin Adoption

    Today, Proof of the Workforce Foundation, a 501(c)(4) tax-exempt non-profit, announced the addition of two distinguished members to its board of directors: Ajit Singh and Rafael Zagori, according to a press release sent to Bitcoin. magazine. The duo is brought on to further the foundation’s mission of promoting meaningful, education-based…

  • Shekel strengthens ahead of April CPI

    The shekel is gaining strength today against the US dollar and the euro, and is at its strongest levels against the dollar since early April. In the afternoon interbank session, the shekel was down 0.73% against the dollar at NIS 3.697/$, and down 0.63% against the euro at 4.002/€. On…

  • European equities witness biggest weekly inflow in more than a year By Investing.com

    Stocks and bonds made up the bulk of flows last week, with European equity funds seeing their largest inflow since February 2023, Bank of America said in a note on Friday. Stock funds attracted $11.9 billion, bonds $11.7 billion, while $3.7 billion exited money market funds, based on EPFR Global…

  • European equities witness biggest weekly inflow in more than a year By Investing.com

    Stocks and bonds made up the bulk of flows last week, with European equity funds seeing their largest inflow since February 2023, Bank of America said in a note on Friday. Stock funds attracted $11.9 billion, bonds $11.7 billion, while $3.7 billion exited money market funds, based on EPFR Global…

  • Did A Dogecoin Whale Sink The DOGE Ship? $30M Mystery

    Dogecoin (DOGE), the meme-inspired cryptocurrency with a loyal following, has been riding a wave of optimism lately. Over the past week, its price has risen by almost 8%, much to the delight of investors. However, the recent move by a major DOGE holder has cast uncertainty over the future price…

  • Scotiabank raises Lightspeed POS stock target on growth outlook By Investing.com

    On Friday, Scotiabank updated its rating for Lightspeed POS Inc. (NYSE:), increasing their price target to $21 from $20 previously while maintaining an Outperform rating for the sector. The revision comes after a positive quarterly report and the issuance of the company’s guidance for fiscal year 2025, which exceeded expectations.…

  • B2Broker Opens a Third Office in Dubai, Improving Presence in The World’s Innovation Hub

    B2Broker It recently opened a new office in Dubai, UAE, its third workspace in the global hub for finance, digitalization and innovation. The company will welcome partners and clients to Emirates Financial Towers, a location that provides unparalleled access to potential investors and clients, opening new opportunities for growth and…

  • Wallet drainer service Pink Drainer to wind down operations

    The developers of Pink Drainer, the notorious wallet draining service involved in the theft of over $75 million in assets, have decided to wind down their operations. “We have reached our goal, and now, according to plan, it is time for us to retire,” the developers said in a message…

  • Wallet drainer service Pink Drainer to wind down operations

    The developers of Pink Drainer, the notorious wallet draining service involved in the theft of over $75 million in assets, have decided to wind down their operations. “We have reached our goal, and now, according to plan, it is time for us to retire,” the developers said in a message…

  • Should You Buy Nvidia Stock Before May 22?

    Nvidia (Nasdaq: NVDA) The stock has been unstoppable over the past few years, thanks to the company’s key role in the world of artificial intelligence (AI). The tech giant makes graphics processing units (GPUs) that support critical AI tasks, such as training and inference on large language models. These models…

  • Dollar selling “looks exaggerated” – HSBC By Investing.com

    Investing.com – The US dollar is on track for a big weekly decline amid renewed dovish hopes for the Federal Reserve, but this sell-off “appears overdone,” according to HSBC. At 05:25 EDT (09:25 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was trading…

  • LINK Explodes 18% Daily, BTC Maintains $66K as Bitcoin ETF Inflows Continue (Market Watch)

    Bitcoin reached a multi-week high yesterday at around $66,600 before being pushed down by around $1,000 but has recovered to the $66,000 level so far. Several altcoins continued their recent rally, with LINK taking the main stage after a massive 18% rally. BTC returns to $66,000 The underlying cryptocurrency had…

  • LINK Explodes 18% Daily, BTC Maintains $66K as Bitcoin ETF Inflows Continue (Market Watch)

    Bitcoin reached a multi-week high yesterday at around $66,600 before being pushed down by around $1,000 but has recovered to the $66,000 level so far. Several altcoins continued their recent rally, with LINK taking the main stage after a massive 18% rally. BTC returns to $66,000 The underlying cryptocurrency had…

  • Aurora Mobile, Zeekr enter strategic partnership

    metamorworks/iStock via Getty Images Aurora Mobile (Nasdaq: GGIt said it has entered into a strategic partnership with Chinese electric vehicle manufacturer Zeekr Intelligent Technology Holding (New York Stock Exchange: ZK) To intelligently monitor the vehicle and deliver vehicle status information in time. Through the alliance, Aurora Mobile Zeekr will help…

  • Fed minutes the big one to watch on the economic calendar next week

    And on days when we don’t get any big data, it can be a bit slow and uninspiring. So far today, we are at least seeing the dollar making a nice push higher. This has been helped by Treasury yields maintaining a bounce at a key technical juncture as noted…

  • Bitcoin ETFs Record Third Day Of Inflows, Price Tops $66,000

    In another great day for cryptocurrency investments, US-based bitcoin exchange-traded funds (ETFs) saw a significant inflow of capital, totaling $257.3 million on Thursday. This large influx marks the third consecutive day of large-scale investments in these funds, indicating strong interest and returns among both institutional and retail investors in Bitcoin.…

  • Barclays, HSBC, Virgin Money and others spent $63.3 million to help resolve banking complaints for business customers—the project failed

    A £50 million ($63.3 million) service to fix problems between banks and their small business clients is set to close after three years. When the business banking solution, backed and funded by a group of lenders, was launched in February 2021, the industry belief 60,000 customers will be eligible to…