ππ By 2025, Islamic investments will hit $3T and ESG will soar to $53T globally! In the UAE, 84% of investors prioritize ESG, with 35% focusing on Sharia compliance. eToro & Arabesque AI's new ShariaAI-Growth portfolio taps into this trend, showcasing strong returns.
π Bitcoin falls 0.8% to $67,372 amid rate jitters and inflation concerns, continuing a decline from Tuesday's low of $66,000.
Major altcoins and meme tokens also dropped.
Traders shift to safer assets ahead of the Fed meeting.
Stay informed! π‘
Major altcoins and meme tokens also dropped.
Traders shift to safer assets ahead of the Fed meeting.
Stay informed! π‘
πΈ Market Update: The U.S. dollar dipped Thursday amid benign inflation data and a hawkish Fed.
The Dollar Index fell 0.3% to 104.340. Key focus on today's PPI release, expected to show 0.1% growth.
EUR/USD up 0.1%, GBP/USD down 0.1%. Analysts eye potential rate cut in September. π
The Dollar Index fell 0.3% to 104.340. Key focus on today's PPI release, expected to show 0.1% growth.
EUR/USD up 0.1%, GBP/USD down 0.1%. Analysts eye potential rate cut in September. π
π The UAE is set to attract over 6,700 millionaires this year, making it the top destination for high-net-worth individuals (Henley Private Wealth Migration Report 2024).
Key benefits: zero income tax, golden visas, luxury lifestyle, and strong connectivity. ππΌβ¨
Key benefits: zero income tax, golden visas, luxury lifestyle, and strong connectivity. ππΌβ¨
π UK public debt hits record high since 1961 π
Debt rose to Β£2.742 trillion ($3.47T) in May, 99.8% of GDP. Incoming government faces major financial pressure post-July 4 election. Both Labour & Conservatives pledge to reduce debt-to-GDP in 5 years.
Debt rose to Β£2.742 trillion ($3.47T) in May, 99.8% of GDP. Incoming government faces major financial pressure post-July 4 election. Both Labour & Conservatives pledge to reduce debt-to-GDP in 5 years.
π¨ #Bitcoin drops below $65K with $140M liquidated.
Key factors:
- Major selling pressure from institutional investors
- Record-breaking miner capitulation
- Decreased large USD transactions
Bearish momentum growing. Stay informed! π
#Crypto #BTC #MarketUpdate
Key factors:
- Major selling pressure from institutional investors
- Record-breaking miner capitulation
- Decreased large USD transactions
Bearish momentum growing. Stay informed! π
#Crypto #BTC #MarketUpdate
π Dubai: The Ultimate Destination for the Ultra-Rich in 2024 π
Dubai's competitive living costs and booming real estate market make it a top choice for the wealthy.
Property prices are up 16%, and 72% of ultra-rich in the Middle East are investing more year-on-year. πποΈβ¨
#Dubai #LuxuryLiving #RealEstate #GlobalInvestments #WealthManagement #Lifestyle
Dubai's competitive living costs and booming real estate market make it a top choice for the wealthy.
Property prices are up 16%, and 72% of ultra-rich in the Middle East are investing more year-on-year. πποΈβ¨
#Dubai #LuxuryLiving #RealEstate #GlobalInvestments #WealthManagement #Lifestyle
π¨ The U.S. Treasury finalizes a rule requiring crypto brokers to report users' sales/exchanges to the IRS.
Starting next year, Form 1099-DA will simplify tax calculations. $10K reporting threshold for stablecoins. Expected to bring in $28B over a decade.
#Crypto #IRS #TaxCompliance
Starting next year, Form 1099-DA will simplify tax calculations. $10K reporting threshold for stablecoins. Expected to bring in $28B over a decade.
#Crypto #IRS #TaxCompliance
π The future of finance is here!
The rise of digital economies and CBDCs is transforming payment systems.
With MENA leading in crypto growth and countries like UAE and Saudi Arabia advancing in CBDCs, the financial landscape is set for a revolution. ππ°
#DigitalEconomy #CBDCs #Crypto #FinTech #MiddleEast
The rise of digital economies and CBDCs is transforming payment systems.
With MENA leading in crypto growth and countries like UAE and Saudi Arabia advancing in CBDCs, the financial landscape is set for a revolution. ππ°
#DigitalEconomy #CBDCs #Crypto #FinTech #MiddleEast
π UAE's crypto sector is set to grow 7.89% annually, reaching $395.8M by 2028!
π #Crypto adoption is rising, with daily traders up 51% YoY. The UAE leads with a 68% increase.
π‘ From the Dubai #Blockchain Strategy to DMCC Crypto Centre, the #UAE is driving crypto #innovation.
π #Crypto adoption is rising, with daily traders up 51% YoY. The UAE leads with a 68% increase.
π‘ From the Dubai #Blockchain Strategy to DMCC Crypto Centre, the #UAE is driving crypto #innovation.
π Bitcoin Hits Two-Month Low Amid Mt. Gox Selling Fears
Bitcoin fell sharply to a two-month low on Thursday, dropping 3.2% to $59,046. Fears over Mt. Gox's return of stolen Bitcoin in July and major whale movements spooked traders, despite a weaker dollar and Fed rate cut bets.
#Bitcoin #MtGox #Cryptocurrency #MarketUpdate #Trading #BTC #CryptoNews
Bitcoin fell sharply to a two-month low on Thursday, dropping 3.2% to $59,046. Fears over Mt. Gox's return of stolen Bitcoin in July and major whale movements spooked traders, despite a weaker dollar and Fed rate cut bets.
#Bitcoin #MtGox #Cryptocurrency #MarketUpdate #Trading #BTC #CryptoNews
π Bitcoin hits a four-month low, dropping 8.5% to $54,092.3 amid fears of Mt. Gox's impending Bitcoin distribution and potential $75M crypto sale by German police.
Broader crypto markets also fell, influenced by U.S. political uncertainty and interest rate jitters.
#Bitcoin #Crypto #MtGox #BTC #CryptoNews
Broader crypto markets also fell, influenced by U.S. political uncertainty and interest rate jitters.
#Bitcoin #Crypto #MtGox #BTC #CryptoNews
π U.S. Futures Surge After Biden Withdraws πΊπΈ
At 06:40 ET:
- Dow Jones: +70 pts (+0.2%)
- S&P 500: +32 pts (+0.6%)
- Nasdaq 100: +180 pts (+0.9%)
Last week:
- S&P 500: -2%
- Nasdaq: -3.7%
- Dow: +0.7%
#StockMarket #Investing #Finance #WallStreet
At 06:40 ET:
- Dow Jones: +70 pts (+0.2%)
- S&P 500: +32 pts (+0.6%)
- Nasdaq 100: +180 pts (+0.9%)
Last week:
- S&P 500: -2%
- Nasdaq: -3.7%
- Dow: +0.7%
#StockMarket #Investing #Finance #WallStreet
π MoonTaurus (#MNTR) raised $100K in the first 2 hours of its presale launch.
With a tiered structure, the token price will increase from $0.005 to $0.07βa 1300% rise.
The team aims for a $1B market cap and is securing DEX listings and have a fixed supply of 3B tokens.
#MNTR #cryptonews
With a tiered structure, the token price will increase from $0.005 to $0.07βa 1300% rise.
The team aims for a $1B market cap and is securing DEX listings and have a fixed supply of 3B tokens.
#MNTR #cryptonews
π Bitcoin surged 3.3% to $69,645.2 after Trump pledged friendlier crypto regulations at the Bitcoin Convention.
Promises include a crypto advisory council, a national Bitcoin stockpile, and replacing SEC Chair Gensler. Big changes ahead for the crypto landscape!
#Bitcoin #Crypto #Trump #CryptoRegulation
Promises include a crypto advisory council, a national Bitcoin stockpile, and replacing SEC Chair Gensler. Big changes ahead for the crypto landscape!
#Bitcoin #Crypto #Trump #CryptoRegulation
π The U.S. dollar traded flat today as traders await the Fed's latest rate-setting meeting.
Dollar Index at 104.342. Expectations for unchanged rates, with eyes on Powell for future rate cut hints. Soft inflation and dovish Fed comments fuel bets on a September cut.
#Finance #USD #Fed #Forex #JeromePowell
Dollar Index at 104.342. Expectations for unchanged rates, with eyes on Powell for future rate cut hints. Soft inflation and dovish Fed comments fuel bets on a September cut.
#Finance #USD #Fed #Forex #JeromePowell
π Gold prices rose in Asian trade, driven by a softer dollar and safe haven buying after geopolitical tensions.
Spot gold hit $2,419.11/oz, December futures $2,463.85/oz.
Traders await Fed cues on rate cuts, likely boosting gold's appeal.
#Gold #MarketUpdate #Fed #Geopolitics #Investing
Spot gold hit $2,419.11/oz, December futures $2,463.85/oz.
Traders await Fed cues on rate cuts, likely boosting gold's appeal.
#Gold #MarketUpdate #Fed #Geopolitics #Investing
In the past 24 hours, #Bitcoin dropped $10K, now below $50K, #Ethereum fell to $2,356, and Shiba Inu hit $0.000012 due to massive sell-offs. Market panic, fueled by Buffett's stock sales and NASDAQ's decline, worsens the situation. #CryptoNews #ShibaInu