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MicroStrategy (MSTR) Pops 3% After Saylor Announces 10 For 1 Stock Split
MicroStrategy (MSTR) Pops 3% After Saylor Announces 10 For 1 Stock Split

MicroStrategy will soon be far cheaper for smaller investors to gain exposure to.

Cryptopotato·2024/07/11 22:10
Shiba Inu (SHIB) ETF: The Pros and Cons According to Team Member
Shiba Inu (SHIB) ETF: The Pros and Cons According to Team Member

Here are the advantages and disadvantages that a potential SHIB ETF could provide.

Cryptopotato·2024/07/11 20:25
Why the Litecoin (LTC) price remains stagnant despite wide use
Why the Litecoin (LTC) price remains stagnant despite wide use

Share link:In this post: Litecoin sees significant turnover, moving up to 60% of its supply in a single day. LTC prices stagnated, with short positions dominating on most exchanges. Miners keep their activity at an all-time high, not capitulating despite low LTC prices.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a q

Cryptopolitan·2024/07/11 16:10
Story Protocol plans to launch IP-focused Layer 1 this year
Story Protocol plans to launch IP-focused Layer 1 this year

Quick Take Blockchain startup Story is coming out of stealth with its bespoke Layer 1 network built for IP management. The project is backed by investors including Paris Hilton’s 11:11 Media, Samsung Ventures and Andreessen Horowitz. Story is using an EVM-compatible blockchain together with a custom “Proof-of-Creativity” consensus algorithm.

The Block·2024/07/11 14:46
U.S. inflation falls to 3%, lowest level since 2021
U.S. inflation falls to 3%, lowest level since 2021

Share link:In this post: U.S. inflation dropped to 3% in June, the lowest since 2021, raising hopes for potential Federal Reserve interest rate cuts. The unemployment rate rose to 4.1%, the highest since the pandemic, causing concerns despite no immediate recession threat. Treasury yields fell, and stock futures rose after the CPI data release, with traders betting on interest rate cuts this year.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any invest

Cryptopolitan·2024/07/11 14:07
Flash
21:18
According to documents submitted to the U.S. Securities and Exchange Commission (SEC), Matador Resources has confirmed that its borrowing base remains unchanged at $3.25 billion.
Meanwhile, the company successfully increased its total credit commitments to $2.75 billion. This move consolidates the company's financial flexibility, providing solid funding support for ongoing business operations and strategic investments. Maintaining the existing borrowing base indicates continued recognition by lenders of the company's asset value and creditworthiness, while the increased commitment amount further expands its available credit capacity. In the current complex and volatile energy market environment, strengthening liquidity reserves is crucial for independent oil and gas producers like Matador Resources. Adequate credit support will help the company seize potential growth opportunities and effectively respond to market fluctuations.
21:17
U.S. Intelligence: Iran Still Capable of Closing the Strait of Hormuz Again
On June 17, U.S. intelligence assessments indicated that Iran, after demonstrating relevant capabilities during conflicts, still has the potential to close the Strait of Hormuz again. Although a deal to reopen the Strait is anticipated, Tehran retains capabilities in missiles, drones, speedboats, and mine-laying, which could disrupt global energy transportation. Intelligence officials stated that Iran has gained leverage over this critical trade route and may use regional energy infrastructure as a tool for pressure.
21:14
Data released by Westpac Bank shows that New Zealand's Consumer Confidence Index fell to 80.4 in the second quarter, marking the lowest level in three years.
The decline in the index also reflects that local residents remain cautious about the current economic environment and expectations regarding household income and expenditures. The recovery of consumer confidence will likely continue to depend on multiple fundamental factors such as a stable job market and easing inflation.
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