Xrp Price Surges Over 8 In 24 Hours Boosted By Events In Ripple S Sec Lawsuit

Indeed, by press time as of November 4, XRP was trading at $0.489, recording gains of almost 8% in the last 24 hours. The daily chart indicates that the token peaked at $0.5 before retracing, according to CoinMarketCap data. Additionally, XRP could be poised to extend the rally if the token successfully breaks past and sustains the key $0.5 resistance level. In this line, if the token moves to retest the $0....

January 15, 2023 · 2 min · 366 words · Richard Rauch

Zoom Stock Crashed But Fundamentals Are Intact Analysts Say Finbold

Shares of video communication company are now down almost 30% from the 52-weeks high of $588 that it had hit last month. Meanwhile, some value investors believe the massive share price drop is presenting a buying opportunity for long-term investors. Zoom stock price is currently trading at around $380. Zoom can prevail even after pandemic Zoom is a video communication tool that has gained user’s confidence after the pandemic has forced people to work from home....

January 15, 2023 · 2 min · 277 words · Linda Amie

Ethereum Rainbow Indicator Hits New 2 Year Low Will Eth Crash Below 1 000

Bitcoincenter’s Ethereum rainbow chart is one of the tools investors use to monitor the possible ETH future price trend. The indicator deploys color bands that follow a logarithmic regression and makes estimates based on past performance to provide a potential insight into Ethereum’s long-term movements. As of November 22, the Ethereum rainbow indicator had breached the ‘Fire sale’ spot, the lowest band on the chart. Notably, Ethereum last plunged below the level in March 2020 when the asset traded upwards of $100....

January 14, 2023 · 2 min · 355 words · Maria Boucher

4 Upcoming Icos To Watch In Early 2023

In the upcoming period, the industry will this way welcome multiple digital assets, including Koakuma (KKMA), LEND (LEND), SOLA-X (SAX), and Kryptview (KVT), all of which have set their fundraising schedules for the first three months of 2023. Koakuma (KKMA) The native token of a play-to-earn (P2E) MMORPG adventure game Koakuma, KKMA will serve as a method of payment for upgrading, enchanting, forging, smelting skill runes, making purchases, as well as for game governance....

January 14, 2023 · 3 min · 463 words · Joyce Smith

5 Best Cryptocurrencies To Buy In February 2023 Finbold

Given the strong performance of the majority of assets, Finbold has analyzed the industry thoroughly to determine which cryptocurrencies investors should keep an eye on in February. Bitcoin (BTC) Bitcoin (BTC) has climbed from $16,500 on January 1 to briefly above $23,000 in January. At the time of publication, the flagship digital asset was trading at $22,882, up 9.78% across the last week. Bitcoin, according to many leading crypto traders, still presents a good investment opportunity....

January 14, 2023 · 4 min · 718 words · Christopher Stevens

5 New Cryptocurrencies By Largest Market Cap To Watch In January 2023

Indeed, some new cryptocurrencies are showing potential by attracting interest from investors through capital inflow. Notably, investors are pouring funds into the new assets despite their infancy stages. This indicates that the assets potentially have a strong underlying utility case. In this line, the following are selected five new listed on CoinMarketCap cryptocurrencies to invest in January 2023. Voxto Amplify (VTX) VTX is the native token of the centralized finance platform Voxto, built on the Ethereum (ETH) chain....

January 14, 2023 · 3 min · 497 words · Gerald Estimable

6 Of Total Doge Market Cap Is Held By Top 3 Dormant Addresses Finbold

Whatsmore, dormant addresses of the meme-inspired coin, which began as a joke, now account for 6.02 percent of the total DOGE market capitalization, according to bitinfocharts.com. In total, a staggering 8.39 percent ($3.29 billion) of all DOGE currently in circulation is held by the top ten dormant addresses. Dogecoins market price At the time of publication, Dogecoin is trading at $0.32, which is 13% up in the last 24 hours and 16....

January 14, 2023 · 2 min · 312 words · Mildred Greener

62 Of All Bitcoin Addresses Did Not Sell Any Btc For A Year Or More Despite Crypto Winter

In particular, 62% of Bitcoin holders have not sold the asset for over a year amid the prevailing depressed market conditions. At the same time, 32% of investors disposed of the asset between one month and 12 months as of September 1, data by TipRanks indicates. The finding highlights the subsiding Bitcoin selling pressure among investors, as further highlighted by a Finbold report on August 25 indicating that the asset’s crypto exchange deposits under the seven-day moving average plunged further to hit a two-year low of 1,921 BTC....

January 14, 2023 · 2 min · 390 words · King Backer

A Bullish Week For Stock Markets With Tesla Tsla In The Driving Seat Finbold

A better-than-expected U.S. jobs report bolstered stock markets on Thursday as hopes for a near-term economic recovery were renewed. The S&P 500 gained half a percent to end the day at 3130, up 4.7% from Monday’s open just under 3000 points. The Dow Jones Industrial Average closed 92.39 points higher, or just under half a percent, at 25,827 while the Nasdaq Composite hit a record high, climbing to 10,207. Solid gains this week have resulted in the Dow and S&P 500′s biggest weekly increases since June 5....

January 14, 2023 · 2 min · 411 words · Catherine Weaver

Amd And Nvidia Rumored To Significantly Cut Gpu Prices In September

As a consequence of the worldwtoc, supply shortages were experienced in a variety of different areas and the cryptocurrency market has been buying up the limited supply of GPUs in bulk, and scalpers have been selling them second-hand at excessive rates. This has only made purchasing a new GPU more difficult and costly than it already was. However, AMD and Nvidia are now rumored to be cutting their pricing significantly next month, according to a report by the Taiwan Economic Daily published on August 28....

January 14, 2023 · 2 min · 374 words · Eduardo Levy

Amount Of Hodled Bitcoin Hits A 5 Year High Amid Heavy Market Volatility

In particular, as of September 21, the amount of Bitcoin HODLed hit a five-year record high at 7,495,059.588 BTC, worth approximately $143.74 billion. The last record five-year-high was registered on October 19, 2020, according to Glassnode data. It is worth pointing out that the amount under HOLD sometimes entails Bitcoin in addresses whose owners have lost their access keys. Such Bitcoin is classified under lost coins. Implication of more Bitcoin in HODL Notably, the amount in HODL partly reflects the market’s current state, characterized by high volatility....

January 14, 2023 · 2 min · 364 words · Carl Tucker

Apple Set To Lose 3 Million Daily Due To Russian Market Exit Finbold

According to recent findings shared with Finbold on March 7, Apple represents 15% of Russian smartphone sales, placing it third overall in the country based on vendor sales. Samsung, based in South Korea, is in first place with 34% of the market, followed by Xiaomi, which is in third place with 26%, as per data supplied by Burga. Elsewhere, Realme has an 8%, followed by Poco with a 3% share, and various smaller companies account for the remaining 14%....

January 14, 2023 · 2 min · 304 words · Deborah Mora

Asian Tech Giant Grab Acquires Robo Advisory Startup Bento Invest Finbold

The financial details of this deal were not revealed. Bento will be rebranded as GrabInvest as part of that deal. It will become the new core business operating under Grab Financial Group, Grab’s financial services arm. Grab Financial’s current brands include GrabFinance, GrabPay, GrabInsure, and GrabRewards. Official reports reveal that GrabInvest will launch products on the Grab app targeting Singapore as its first market within the first half of 2020....

January 14, 2023 · 2 min · 238 words · Kyle Bias

Australia Gears For A Major Move On Regulating Cryptocurrencies

The planned regulations will mainly focus on crypto taxation, investor protection, and regulation of digital banks and exchanges, News Australia reports. According to the country’s minister for Financial Services, Jane Hume, the government aims to ensure all crypto players act in a regulatory ecosystem amid increased adoption of various assets. Australia’s intention to regulate crypto emerged in 2021 after Treasurer Josh Frydenberg hinted that the state had plans to announce new laws....

January 14, 2023 · 2 min · 344 words · Diego Walker

Australian Securities Exchange Blockchain Integration Plan Delayed Until 2024

The stock exchange had anticipated replacing the CHESS trading system by April next year but noted that there are more development tasks to be accomplished before the rollout, ASX said in a statement [PDF] published on August 3. According to ASX, blockchain integration was meant to help the exchange meet its scalability and resilience requirements. New timelines after review The statement added that ASX had onboarded Accenture, which will conduct a review of the new CHESS application and consequently offer a revised timetable for the release....

January 14, 2023 · 2 min · 222 words · Randall Acosta

Best Small Business Bank Account Top 3 Banking Apps For 2023 Finbold

Inroduction Having an official business bank account is essential whether you’re just starting or have been operating for years. Every professional venture or company, no matter the size needs one. An official business bank account is central to your firm’s financial operations, as it allows you to conduct your everyday business transactions, such as paying employees, buying raw materials, or paying for services. In addition, it can also be necessary for book-keeping, tax reporting, and various legal reasons....

January 14, 2023 · 17 min · 3521 words · Jermaine Hill

Bill Gates Takes Control Of Four Seasons Hotels In 2 2 Billion Deal Finbold

Cascade will control the hotel by buying almost half of the stake held by Saudi Arabian Prince Alwaleed bin Talal’s stake for $2.21 billion, Reuters reports. With Gate’s taking control of the hotel, its valuation is projected to surge to $10 billion on an enterprise basis. The Four Seasons confirmed that Prince Alwaleed, through his investment company Kingdom Holding, will still own the remaining stake. In a statement, Four Seasons said the deal “marks a pivotal point in the evolution of the hotel chain”....

January 14, 2023 · 2 min · 275 words · James Carter

Billionaire F Giustra Hails Bitcoin As Anti Sovereign Fiat Play And Cbdcs Competitor

According to Giustra, the global economy is shifting to the digital world, and Bitcoin is likely to stand out based on his projection of an upcoming monetary system reset, he said during an interview with Stansberry Research on October 22. In this line, the billionaire opined that Bitcoin could destabilize the sovereignty of fiat currencies, even posing a threat to the possible establishment of central bank digital currencies (CBDC) by jurisdictions like the United States....

January 14, 2023 · 2 min · 291 words · Chris Showers

Bitcoin And Ethereum Etps To Debut On Euronext Paris Its Biggest Market Next Week

In a statement published on Friday, the firm says that the products will give investors exposure to Bitcoin (BTC) and Ethereum (BTC), two of the largest cryptocurrencies by market cap. 21Shares is also listing a short Bitcoin ETP, which provides -1x return to the performance of the benchmark crypto for a single day. Since launching its first products in November 2018, 21Shares now offers a suite of 14 cryptos ETPs....

January 14, 2023 · 2 min · 220 words · Todd Prieto

Bitcoin Etf Unearthed New Means For Huge Investors To Buy Crypto Says Bitwise Cio

Speaking to Bloomberg Technology, Hougan said that based on the fact that over $1 billion has been pumped into the ETF within a few days, it’s an indicator huge class investors have been on the sidelines. Following the positive reception of the ETF, Hougan believes that the product will grow further, considering that investors have various options of getting involved. According to Hougan, the interest in the Bitcoin ETF has ushered in a bull market for institutions....

January 14, 2023 · 2 min · 225 words · Kenneth Mason