Xrp Forms 4Th Straight Weekly Red Candle After Brief Bullish Recovery

Indeed, the closing price of the XRP token for the previous three weeks was below both the price at which it opened and previously closed, and the continuation of the weekly bearish pattern seems in store, as per TradingView data retrieved on November 3. Analyzing the chart, the last green candle for the decentralized finance (DeFi) asset was glowing in the week between October 3 and October 9. Since then, XRP has been following a red candle pattern....

January 9, 2023 · 2 min · 383 words · Shelly Robey

Xrp Gains 20 In A Week As 3 Billion Flows Into Its Market Cap Despite Prolonged Sec Lawsuit

The price of XRP is now consolidating its gains, and there may be a new rise toward the $0.425 level. Notably, the digital asset leads the top 100 coins in the cryptocurrency market in terms of gains, up 6.9% in the last 24 hours, trading at $0.404, according to CoinMarketCap data. Whatsmore, XRP’s price has climbed 19.6% in the last week; despite the bear market sentiment in the sector, the token also leads the market gains out of the top 100 cryptocurrencies in the previous seven days adding over $3....

January 9, 2023 · 2 min · 416 words · Dennis Shelton

4 7M In Kucoin Stolen Ethereum Has Just Been Moved Finbold

The cybercriminals transferred the stolen coins to an unknown wallet. Whale Alert tracked most coins were sent to this particular address. Exchanges and analysts are on the lookout for the destination of this transaction trail. How the KuCoin hack happened KuCoin, a Singapore-based cryptocurrency exchange experienced a “security incident” that resulted in the loss of over $150 million in digital assets. The hot wallets on the exchange were targeted by hackers who managed to compromise and drain them of Bitcoin (BTC) and Ethereum (ETH)....

January 8, 2023 · 1 min · 195 words · Francisco Ohara

Bitcoin Fixes Inflation And Government Control Over People S Wealth Says The Bitcoin Standard Author Finbold

Austrian economist and author of ‘The Bitcoin Standard‘ Saifedean Ammous addressed the merits of Bitcoin in a recent interview with Lex Fridman on his podcast published on May 11. Interestingly, Ammous discussed the benefits and criticisms of Bitcoin while challenges such as rampant inflation are impacting different economies across the globe as the asset is currently undergoing a bearish spell in the market. On these global issues, the economist stated: He added:...

January 8, 2023 · 2 min · 250 words · Roosevelt Payson

Crash And Depression Coming As Fake Inflation Accelerates Says Robert Kiyosaki

Through his Twitter account, Kiyosaki claimed that the crash would be initiated by the continued ‘fake inflation’ initiated by the Federal Reserve and the President Joe Biden administration. However, he recommended that the crash presents a perfect opportunity to invest in Bitcoin, gold, and silver but cautioned investors to be careful with the current reported inflation. The U.S. is currently grappling with historical inflation levels, and the environment has reignited the debate on the ideal hedge against inflation between gold and Bitcoin....

January 8, 2023 · 2 min · 252 words · Clarissa Cheever

Huawei Is Risky Top Us Cybersecurity Official Warns Finbold

Many critics said that the company poses significant risks even as it unveils 5G infrastructures on its platform. Technological competitions are also heating up between China and the US. Now, authorities in America are worried that Huawei may compromise the nation’s security on behalf of China. There was a lot of scrutiny on the company in 2019. In that context, with several countries banning the use of its networking equipment....

January 8, 2023 · 2 min · 265 words · Brandon Leif

3 000 Bitcoin Atms Were Installed Globally In 2022 More Than 20 A Day

Despite the fact that the cryptocurrency market is now experiencing downward pressure, this has not prevented the installation of Bitcoin ATMs throughout the world, with the number of such machines continuing to expand. According to data acquired by Finbold, the number of Bitcoin ATMs throughout the globe was 34,340 on January 1; however, that number has risen by nearly 3,000 since that date, with 37,338 Bitcoin ATMs at the time of writing on May 10, as per Coin ATM Radar....

January 8, 2023 · 2 min · 358 words · Thomas Espinal

35 Of The Total World S Population Are Gamers Finbold

The gamers are distributed in different parts of the world with the Asia Pacific region leading with 1.506 billion people accounting for 55% of the entire gaming population. Notability the Asia Pacific region is the fastest-growing in terms of new gamers. In the second spot, there is Europe, the Middle East, and Africa with 758 million people being gamers as of April 2020. Latin America comes third with 259 million gamers....

January 8, 2023 · 3 min · 601 words · Tracy Thibault

6 000 Bitcoins Worth Almost 120 Million Outflows From Binance In Single Transaction

In this case, on-chain data indicates that a Bitcoin whale transferred 6,003.59 BTC ($117.6 million) from crypto exchange Binance in a single transaction, data shared by CryptoQuant community manager JA_Maartun on September 4 indicates. Motivation for whale’s Bitcoin movement Due to the anonymous nature of cryptocurrencies, it is near impossible to determine the owner of the Bitcoin address in question. However, amid the depressed markets, it can be assumed that the whale moved the Bitcoin to a more secure cold wallet, indicating that the investor has no intention of selling in the near future....

January 8, 2023 · 2 min · 302 words · Michael Varella

Algorand Adds Over 6 Million New Accounts In 2022

The total number of accounts on Algorand at the turn of the year was 17,373,299, while at press time (by March 10, 2022), this number was 23,548,065, according to the AlgoExplorer data. This is a 35% increase since the year’s beginning. A series of fortunate events One of the reasons for such massive growth in interest for ALGO could be the major technical upgrade to the network that will allow Algorand-based products to operate on other blockchains and in low-power environments, such as mobile phones and smartwatches....

January 8, 2023 · 2 min · 292 words · Ronald Cassidy

Asian Crypto Space Is Reportedly Upbeat Despite China Crackdown Finbold

In the past week, the People’s Bank of China (PBoC) issued an order for major financial institutions to stop crypto transactions. This move pushed bitcoin’s price down to below $30,000 for the first time since January 2021. Some say that the crackdown creates the best opportunity for better standards in the budding market. In late June, the United Kingdom barred one of the biggest cryptocurrency exchanges by trading volume, Binance, from offering to operate in its jurisdiction....

January 8, 2023 · 4 min · 691 words · Ricardo Siciliano

Asp Servervariables Collection

The ASP ServerVariables collection can provide you with quite a bit of information found in the headers such as IP addresses, server name, virtual path, request method, etc. It is a common approach to use the ServerVariables collection to obtain your visitors’ IP address, user agent (browser) info, etc. The list of ServerVariables will depend on the server software and on the browser being used. Syntax Example In this example, you can use the Response....

January 8, 2023 · 1 min · 125 words · Twila Moore

Australia S Leading Gas Station Chain Will Now Accept Crypto For Fuel At 170 Locations

In a blog post published on August 18, the cryptocurrency exchange, Crypto.com, indicated the service is available in 175 OTR stations in Victoria, South Australia, and Western Australia states. Crypto.com is offering the Pay Merchant service as a payment settlement platform, while the Sydney-based payment system, Datamesh, provides a point of sale terminal. Increasing demand for crypto payments According to Crypto.com’s General Manager, Asia & Pacific, Karl Mohan, the crypto payment option was necessitated by the growing demand for cryptocurrencies, with merchants increasingly opting to utilize digital assets....

January 8, 2023 · 2 min · 239 words · Carl Swinney

Australians Lost 3X More Funds In Scams Via Bank Transactions Than Bitcoin Payments In 2020

Data compiled by cryptocurrency trading simulator Crypto Parrot shows that in 2020, scams involving Bitcoin payments ranked in the second spot with a value of AUD 26.65 million. The crypto trailed bank payments which had a value of AUD 97.65 million. The figure was at least 3.7 times more than Bitcoin payments. Cash emerged fourth at AUD 8.57 million, followed by credit card at AUD 8.1 million. Among the highlighted payment methods, Bitcoin is relatively new, and the scammers banked on the cryptocurrency’s decentralized and anonymous nature....

January 8, 2023 · 2 min · 283 words · Connie Gomez

Axie Infinity Is The World S Most Googled Nft Collection The Sandbox Ranks 2Nd

Axie Infinity is officially the most googled NFT collection, with a total of 3.86 million monthly global searches, an increase of more than five times since the end of 2021.The Sandbox ranks as the second most googled NFT, reaching 553,000 monthly global searches.NBA Top Shot places third, 477,000 receiving monthly global searches. Axie Infinity has been revealed as the most searched for NFT (non-fungible token) collection in the world. Creative resource Design Bundles researched the most sought-after NFTs based on the number of times they were searched on Google each month....

January 8, 2023 · 3 min · 483 words · Deanna Hagen

Biden Administration To Release 2023 Budget Today Including A New 20 Billionaire Tax

The White House said all new investments in the President’s budget will be paid for by forcing the wealthy and corporations to contribute their fair share. President Biden will today propose taxes on the rich in what the White House is calling a “Billionaire Minimum Income Tax.” In reality the tax is set to apply to those worth $100 million or more, with a 20% tax on all their income including unrealized gains, if passed the new tax proposals would generate about $36 billion in extra tax revenue each year....

January 8, 2023 · 2 min · 283 words · Patricia Payne

Billionaire Mike Novogratz Expects Next Crypto Cycle To Start By Q4 2022

Speaking at the Consensus 2022 conference in Austin, Texas, he said Bitcoin (BTC) is not going to “trade well” until the Federal Reserve “flinches” and “takes its foot off the brake.” According to Novogratz, the most popular digital asset in the world would also find a bottom before the equities markets in the United States, CoinDesk reported on June 10. The Galaxy Digital CEO said: He added: The next crypto bull market Novogratz urges investors to “fight the impulse to be so greedy” in order to successfully navigate the next bull market....

January 8, 2023 · 2 min · 232 words · Martin Chan

Bitcoin Miners Earn 57 Million In Average Profits Daily Finbold

According to data provided by cryptocurrency trading simulator platform Crypto Parrot, the revenue totaled to $1.7 billion during the period. The impact of bitcoin’s price movement on the mining revenue is also evident by the $81 million profit on April 15 after the asset’s record price of $64,800 the previous day. The new price level was attained after cryptocurrency exchange Coinbase debuted on Nasdaq. Elsewhere, the least mining revenue was on April 17 at $45 million....

January 8, 2023 · 2 min · 271 words · Everett Harris

Bitcoin Mining Power Only 22 Shy Of Hitting Another All Time High Finbold

Data provided by Blockchain.com indicates that as of October 24th, 2021, the Bitcoin hash rate stood at 151.21 EH/s, only 22% shy of the all-time high mining power of 188.66 EH/s. Overall, Bitcoin’s mining power has been rising since plunging to historic lows almost three months ago. During the period, the rate has surged 78% in correlation with the rising Bitcoin prices. Both Bitcoin mining power and the price significantly dropped in mid-2021 amid an increased regulatory crackdown from China....

January 8, 2023 · 2 min · 336 words · Christy Willis

Bitcoin Outperforms Major Tech Stocks By An Average Of 12 In The Last 30 Days

As of February 13, 2022, Bitcoin had outperformed the top six tech stocks by an average return on investment (ROI) of 12.24%, data from Finbold’s ROI tool indicates. Compared to Microsoft (NASDAQ: MSFT), Bitcoin ROI was 1.95% higher. Elsewhere, the number one ranked cryptocurrency ROI almost matched Apple (NASDAQ: AAPL), surpassing the stock by 0.76%. Bitcoin outperform stocks despite volatility The returns are a potential indicator that Bitcoin might be on course to retain its status as one of the best-performing assets in recent months....

January 8, 2023 · 3 min · 489 words · Wilson Rodriguez