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April phone, laptop imports hit Sh4.9bn
Kenyans imported a record Sh4.9 billion worth of telecom equipment in April this year, the highest ever in a single month since the Kenya National Bureau of Statistics (KNBS) began recording data on this category of shipments in January 2017. The value of shipments in April 2024 represents a 58…
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April phone, laptop imports hit Sh4.9bn
Kenyans imported a record Sh4.9 billion worth of telecom equipment in April this year, the highest ever in a single month since the Kenya National Bureau of Statistics (KNBS) began recording data on this category of shipments in January 2017. The value of shipments in April 2024 represents a 58…
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Wall Street dives into Dollar General’s outlook By Investing.com
About the company Dollar General Corporation (NYSE:), a leader in the U.S. discount retail sector, continues to operate in a complex market environment. Its extensive network of more than 14,000 stores offers a broad range of products, including consumer goods, seasonal items, home products and apparel. With CEO Todd Vasos…
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Expert Sees SOL Reaching 50% Of ETH’s Market Cap This Cycle
Solana (SOL), the fifth-largest cryptocurrency in the industry, saw a notable recovery over the weekend, in line with the broader market rally and the price of Bitcoin (BTC). Rebound towards $63,000 level Mark for the first time in over a week. SOL price has managed to recover from the losses…
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Expert Sees SOL Reaching 50% Of ETH’s Market Cap This Cycle
Solana (SOL), the fifth-largest cryptocurrency in the industry, saw a notable recovery over the weekend, in line with the broader market rally and the price of Bitcoin (BTC). Rebound towards $63,000 level Mark for the first time in over a week. SOL price has managed to recover from the losses…
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A potential disaster for climate and US-UK relations
The announcement that J.D. Vance has been selected as Donald Trump’s running mate in the 2024 presidential election isn’t just another headline — it’s a potential turning point with far-reaching implications for both America and the world. JD Vance’s strong support for the oil and gas industry and his outright…
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WSJ: China’s Economy Is in Trouble – Xi Jinping leaving long-running problems to fester
The Wall Street Journal is closed but if you can get through it you will find that it paints a bleak picture of the Chinese economy: Growth is slowing and becoming increasingly unbalanced, supported by exports and a surge in factory investment, while much of the rest of the economy…
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Trump To Speak At Bitcoin Nashville Conference Despite Assassination Attempt
Source: BBC In a remarkable show of flexibility, former US President Donald Trump has confirmed his commitment to speak at the long-awaited conference. Bitcoin Conference 2024 in NashvilleIn Tennessee, despite a recent assassination attempt, the decision underscores Trump’s growing embrace of the cryptocurrency industry and his continued determination to engage…
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Activist Starboard builds over 6.5% stake in Tinder owner Match, WSJ reports By Reuters
(Reuters) – Activist investor Starboard has a stake of more than 6.5% in Tinder owner Match and is pushing for a potential sale if the turnaround attempts fail, the Wall Street Journal reported on Monday, citing people familiar with the matter. Match shares rose about 9% in extended trading after…
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Failed assassination boosts Trump’s victory odds to 71%
The failed assassination attempt in Pennsylvania appears to have boosted Donald Trump’s chances of winning the winter election, at least in the eyes of the overachievers. Bettors on Polymarket are betting that Republican candidate Donald Trump has a 71% chance of winning this year’s U.S. presidential election and defeating Joe…
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Jared Kushner in talks to buy Phoenix stake
Affinity Partners, led by US President Donald Trump’s son-in-law Jared Kushner, is in talks to buy a 4.9% stake in Israeli insurance and finance group Phoenix Holdings, with an option to buy an additional 4.9%. Affinity Partners, led by Donald Trump’s son-in-law Jared Kushner, is in talks to buy a…
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UK building firms face worst recruitment problems, survey shows By Reuters
LONDON (Reuters) – Construction and engineering companies are bearing the brunt of Britain’s labour shortage, a survey showed, highlighting the challenge facing Prime Minister Keir Starmer in delivering on his plans to boost housing and infrastructure. The British Chambers of Commerce’s quarterly recruitment survey showed 82% of construction and engineering…
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Over $35M Laundered from DMM Bitcoin Hack Through Huione Guarantee: Data
More than $35 million of the stolen funds from the $305 million DMM Bitcoin hack were laundered through Huione Guarantee, an online marketplace run by Cambodia’s Huione Group. It is interesting to note that this platform is part of a company linked to the ruling family in Cambodia and has…
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Argentina’s parallel peso strengthens on new economic measures, stock index plummets By Reuters
BUENOS AIRES (Reuters) – Argentina’s black market peso strengthened against the U.S. dollar on Monday while local stocks suffered after new economic measures introduced by President Javier Milei’s government over the weekend took effect. Argentina’s economy minister on Saturday announced a plan to halt expansion of the monetary base in…
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TA of the Day: Litecoin On the Verge of a Breakout?
He is Litecoin/US Dollar About to go upside? Litecoin (LTC), Layer 1 cryptocurrencyThe country is witnessing a rise in large money movements. According to In the masson $2.85 billion $100 million worth of Litecoin is transferred daily in large amounts (transactions over $100,000). This represents more than half of the…
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Cryptocurrency Market Sentiment Rallies Amid Political Turmoil Involving Donald Trump – Santiment
In an interesting turn of events, Cryptocurrency Market Cryptocurrencies have seen an upbeat reaction following recent reports of an assassination attempt on former US President and Republican presidential candidate Donald Trump. As the information surrounding the attempt emerged, the market and society have seen positive reactions, including digital assets such…
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DJT stock soars after Donald Trump survives assassination attempt
Shares of Trump Media and Technology Group (DJT) rose sharply on Monday after former President Donald Trump survived an assassination attempt at a rally in Pennsylvania on Saturday. Shares of the parent company of Trump’s social media platform, Truth Social, surged 41% to close at around $41. Other Trump-linked stocks,…
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Spot Ether ETFs are likely to begin trading on Tuesday July 23 (unnamed sources)
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Reflections on Bitcoin Culture
I admit I have a soft spot for Noam Chomsky. Chomsky is a controversial figure, but he is also a hero for his writings on consent and conformity, and perhaps the most eloquent critic of the development of the deep state. Now 95, he suffered a massive stroke last year…