Bitcoin Reclaiming 60K Is According To Plan As Btc Might Head Towards 90K

The upward trend in Bitcoin’s value has continued into Friday, October 29, with numerous other digital currencies benefiting from the rising price of Bitcoin. Presently, BTC is trading at $60,626, up 2.60% in the last 24 hours and down 4.21% over the previous week. Bitcoin is worth over $1.1 trillion and has 44.1% of the total market dominance. However, despite Bitcoin’s most recent price decline, several notable experts have maintained their prior projections that the cryptocurrency would reach new all-time highs before the end of 2021....

January 11, 2023 · 2 min · 345 words · Fidel Tranter

Bitcoin Remains The King Of Roi Despite Hyped Meme Coins Study Shows Finbold

The research included the period from January 1 to December 31 of each corresponding year, and all cryptocurrencies on the list were ranked according to their return on investment (ROI) from the date of their initial coin offering (ICO) until October 30, 2021, as determined by Reddit user doctorbirdee. It’s worth noting that, as per the research, Bitcoin (BTC) has the best return on investment from the date of its ICO, but that, when compared to many other cryptocurrencies, it delivers a lesser return on investment year after year....

January 11, 2023 · 2 min · 374 words · Margaret Green

Bitcoin Wipes Over 60 Billion From Its Market Cap Since The New Year Finbold

Since the beginning of the year, Bitcoin’s overall market value has dropped by $62 billion, or almost 7%, from $878 billion on January 1 to $816 billion on Thursday, January 6. With a 39.7% share of the global cryptocurrency market dominance, Bitcoin is now selling for $43,080, a decrease of 7.10% in the past 24 hours and 8.38% in the previous week, according to CoinMarketCap statistics. Expert opinion Immediately upon publication of the minutes of the December meeting of the U....

January 11, 2023 · 2 min · 288 words · Elizabeth Massanelli

Blackrock Blk Beats Earnings Stock Remains Flat In Premarket

Similarly, earnings per share (EPS) was $9.55, beating estimates by $2.28, while revenue decline was driven by lower markets and appreciation of the US dollar compared to other currencies. The firm also saw $65 billion of quarterly long-term net inflows, mostly in exchange-traded fund (ETF) instruments. At the time of writing, the stock remains mostly flat in premarket trading, despite the positive surprise on Q3 earnings. BLK chart and analysis In the last month, BLK has been trading in the $526....

January 11, 2023 · 2 min · 258 words · Nancy Myrlie

Blockchain Gaming Platform Myria Launches Layer 2 Scaling Solution On Ethereum

Notably, the launch of Myria L2 includes a comprehensive suite of developer and gamer-centered products, including the Myria Developer SDK, the Myria Wallet, and the NFT marketplace. In particular, these tools make it possible for users and producers to use the scalability advantages offered by the protocol, according to a Myria press release shared with Finbold. Myria’s L2 utilizes StarkWare’s Zero-Knowledge Rollup (ZK-Rollup) technology which allows it to process up to 9,000 transactions per section (TPS), which is a significant increase over Ethereum’s rate of fewer than 50 TPS....

January 11, 2023 · 2 min · 279 words · Matthew Sagen

Blockchain Gaming Sector Remains Resilient Amid Ftx Meltdown Saga New Data Reveals

Indeed, the user activity in Web3 games during October and November has accounted for nearly half of all blockchain activity (42.67%) across 50 networks, according to a new DappRadar report shared with Finbold on November 30. In November alone, an average of 800,875 unique active wallets (UAW) were interacting with games’ smart contracts each day, recording a relatively small decrease of 12% since September, during which the industry had 911,720 active wallets....

January 11, 2023 · 2 min · 310 words · Sarah Wolfe

Boeing Awarded 196M Defense Contract Puts Focus On Profitability

Furthermore, the contract requires Boeing to undertake program management, system integration laboratory support, emergency support, spare procurement, repair, and overhaul. The contract was through the sole-source, no-bid deal process. The E-4B aircraft are a specific group of specially modified Boeing 747-200 jets from the 1980s. The E-4B offers a highly survivable command control center in case of a national emergency. The contract is a major boost for Boeing’s defense segment that has been receiving lucrative deals....

January 11, 2023 · 2 min · 230 words · Wilson Chavez

Boeing Stock Tanks After Passenger Plane Crash In Southern China

A Boeing 737-800 operated by China Eastern Airlines (NYSE: CEA) crashed in the mountains of southern China with 132 people on board causing the BA stock to plummet. Immediately after the disaster, Chinese state media said that the airline has grounded its entire 737-800 fleet, which according to a flight monitoring website consisted of 109 such aircraft. At the close of trading on Friday, March 18, shares of the Chicago-based firm were at $192....

January 11, 2023 · 2 min · 348 words · Jonathan Ganley

Bofa Says Apple S Earnings Won T Take A Major Hit Despite Facing Headwinds

Amid the talks of an economic downturn, Wamsi Mohan, Bank of America (NYSE: BAC) senior IT analyst, joined CNBC’s ‘Squawk Box’ to discuss Apple stock. Mohan stressed the quality and safety of Apple’s balance sheet safeguarding the price despite some big headwinds on the horizon. AAPL chart and analysis Meanwhile, the company’s stock is up roughly 10% since hitting mid-June lows, mostly retaining the outperformance it gained in 2021 compared to other tech stocks....

January 11, 2023 · 2 min · 305 words · Ashley Charter

Buyers Jump On Btc Sale Under 40K Pushing Price Above 42K

The price of Bitcoin has not yet rebounded to pre-Monday levels of $47,000, but it has slowed its downward spiral nonetheless as buyers pounced on the Bitcoin “sale” below $40,00, sending the price back above $42,000. Prominent crypto analyst Michaël van de Poppe believes that there was no significant reversal when prices climbed from $28,000 to $52,000. Therefore, Bitcoin is correcting itself by 25% in September, which is typically a corrective month....

January 11, 2023 · 3 min · 609 words · Shirley Schmalz

Bybit Ceo Claims Macro Trends Are Nothing To Fear In The Crypto Market

In fact, Ben Zhou, the co-founder, and CEO of crypto exchange Bybit, sees the current uncertainty in the sector as a major opportunity for his company as it was “born in a bear market,” as he told the attendees at a TOKEN2049 panel in Singapore, according to a press release published on September 30. Crypto thriving amid a poor macro outlook Speaking on how crypto exchanges and the industry, on the whole, would fare in the currently unfavorable economic environment, Zhou said that Bybit was designed differently from traditional exchanges....

January 11, 2023 · 2 min · 245 words · Aubrey Gregory

Can Solana Hit 100 By The End Of August Here S What The Crypto Community Says

After a difficult week for the cryptocurrency sector, things are starting to improve again for most of its assets, leading crypto investors and traders to wonder where the price of Solana (SOL) could end up in the near future. As it happens, the community at CoinMarketCap has made exceptionally bullish predictions that the SOL token will, in fact, trade at a median price of $250 by August 31, 2022 – using the website’s ‘Price Estimate’ option that enables users to suggest and vote on what they believe the price of a digital asset would be in the future....

January 11, 2023 · 3 min · 461 words · Zachary Dimond

Can Verified Instagram Accounts Hide Who They Follow

If you want details about hiding your followers, you can read further. While public accounts don’t have the option to hide who they follow, verified accounts can make followers restrict their posts and stories. What Does Verified Account Mean on Instagram? The comment section of any trending post usually has comments from the accounts having a blue tick. These are verified Instagram accounts. A verified account means that Instagram confirms that it’s an authentic public figure, celebrity, or brand....

January 11, 2023 · 3 min · 472 words · Mary Henderson

Can You Overclock A Bitcoin Miner Here S How And Results

One of the options is running an overclocked mining machine. However, while overclocking a Bitcoin miner by putting a second power supply on it seems like an attractive idea, a question arises as to whether this is actually worth it, especially when taking into account the variable electricity costs. With this in mind, crypto YouTuber Drew Vosk has decided to put an overclocked ASIC miner to the test, to check how much Bitcoin he can mine with it, as well as how much electricity it uses up, demonstrating the results of this experiment in a video published on January 10....

January 11, 2023 · 2 min · 425 words · Jose Guerrero

Cardano Forms Lower Highs Despite Strong Fundamentals What S Next For Ada

Certain technicals indicate that it appears to be setting lower highs, signaling signs of selling pressure on the horizon. At the time of writing, the ADA price is in the vicinity of $1.34. The medium timeframe MAs and leading technical indicators on the chart of ADA/USD suggest a bullish bias. Longer-term moving averages, on the other hand, indicate some selling pressure. At the moment, the price is well above the pivot point of $1....

January 11, 2023 · 2 min · 404 words · Elliot Wright

China And India Control 60 Of All Gold Jewelry Market Globally Finbold

In this line, data presented by Finbold indicates that China and India accounted for 60.53% of the world’s gold jewelry market in 2021 by tonnes of gold sold. In particular, with 675 tonnes sold, China led with a market share of 31.77%, while Indian consumers purchased 611 tonnes, representing 28.76%. Southeast Asia comprising Indonesia, Thailand, Vietnam, Singapore, and Malaysia, cumulatively purchased 64 tonnes. Other leading jewelry gold consumers include the United States (149 tonnes), Europe (68 tonnes), Turkey, and the UAE combined (68 tonnes)....

January 11, 2023 · 4 min · 670 words · Monica Schneider

China State Firms Reject New Russian Oil Trades For Fear Of Western Sanctions

Asia’s largest refiners Sinopec, CNOOC, PetroChina, and Sinochem have all avoided trading fresh Russian cargoes for May loadings, as per people who are knowledgeable about the matter but are staying anonymous due to the sensitivity of the subject, according to a Reuters report. At this time, no comments can be obtained from the listed Asian refiners. No open support for Moscow Chinese state-owned companies are wary of the global situation and do not want to be seen as openly supporting Russia by buying extra volumes of oil....

January 11, 2023 · 2 min · 317 words · James Andrews

Class Action Law Firm Starts Investigating Solana Labs Over Potential Securities Violations

As it happens, whistleblower and class action law firm Berger Montague said it was investigating violations of the federal securities laws on behalf of investors who purchased SOL tokens issued by Solana Labs Inc., according to the firm’s press release published on July 12. Specifically, the firm said that the blockchain network and crypto operator began issuing and selling its token to investors in the United States on or about March 24, 2020, alleging that it has continued to do so in violation of the law until the present....

January 11, 2023 · 2 min · 303 words · Jesus Dominguez

Cme Group Reports 170 Increase In Q3 Bitcoin Futures Average Daily Volume Finbold

In a press statement, the company revealed that an average daily volume (ADV) for Bitcoin futures increased by 170% in the third quarter of 2021. The figures clearly suggest that interest in Bitcoin is resilient despite regulatory uncertainty around the asset. Via the CME Group, customers have an effective exposure to the Bitcoin market, as well as the facility to save money on possible margin offsets between Bitcoin futures and options on Bitcoin futures....

January 11, 2023 · 2 min · 351 words · Earl Coffee

Commodity Expert Warns Biggest Losers In A Stock Market Drop Will Be Bitcoin Copper And Oil

In light of the plan, ‘near-term risks are rising’ as the Fed attempts to combat inflation. A fall in the stock market, it seems, will have a greater impact on the rise of Bitcoin, oil, and copper, according to one analyst. Senior Commodity Strategist at Bloomberg Intelligence, Mike McGlone sees macro-economic commodities as the biggest losers stating that Bitcoin, oil, and copper are set to take a beating if the stock market declines....

January 11, 2023 · 2 min · 341 words · Jose Reese