Crypto Defies Market Conditions To Battle The Dollar For Best Performing Asset

In particular, the MVIS CryptoCompare Digital Assets 100 Index has recorded a growth of 5.4% since the end of June. At the same time, Bloomberg Dollar Spot Index has hit a record high with a growth of 7.2% at a period where stocks, bonds, commodities, and gold continue to make losses. Although the macroeconomic elements have impacted both cryptocurrencies and equities, the latter appears to have suffered the most. Notably, the markets have been hit with increased monetary tightening by global central banks in a bid to tame the soaring inflation....

January 21, 2023 · 2 min · 289 words · Mildred Fritts

Crypto Exchange Bybit Launches Ethereum Cloud Mining Product Finbold

In a press statement, Bybit said the mining-as-a-service (MaaS) service offers regular crypto enthusiasts a chance to mine ether (ETH) without the need for specialized mining hardware. According to the company, the cloud mining solution also eliminates the challenges of complex technologies and expensive power for novice miners. The new product, which comes with flexible subscription plans, will cater to retail investors and large-scale enterprises. The subscription is into 7, 21, and 42-day plans, and users can mine with as low as $100....

January 21, 2023 · 1 min · 201 words · Nina Salazar

Crypto Investment Product Trading Volumes Decline For 6Th Month As Investors Seek Direct Exposure

Indeed, the average daily trading volumes across different crypto investment product types fell about 16.3% from March to April – to $244 million, according to the latest Digital Asset Management Review by crypto analytics platform CryptoCompare published on April 28. As per the report, April is the sixth consecutive month recording a decline in trading volumes. Overall, crypto investment product trading volumes have fallen 71% since October 2021, when they stood at $841 million, and 83....

January 21, 2023 · 2 min · 248 words · Paul Wicker

Crypto Market Inches Towards 3 Trillion For The First Time As Bitcoin Tops 66K Finbold

On Monday, November 8, Bitcoin (BTC) continued to rise as Ethereum (ETH), Solana (SOL), and Polkadot (DOT) all recently pushed into previously unexplored price ranges. Currently, the flagship digital asset BTC is now trading at $66,094, up 6.50% in the last 24 hours and up 6.11% over the previous week, with a total market cap of $1.2 trillion. Notably, in just 24 hours, Bitcoin climbed from $61,7100 to $66,094 as the price of BTC spiked, with over $70 billion flowing into the digital asset....

January 21, 2023 · 2 min · 415 words · Adrienne Hall

Crypto Skeptic Peter Schiff Responds To His Bank Closure Claiming No Evidence Of Crimes

On July 1, regulators on the island halted the bank’s activities, with its capital supposedly negative $1.3 million by the end of the year 2020 and that “as such, the entity is classified as insolvent.” Schiff took to Twitter on July 4 to elaborate in a thread on the matter of why “despite no evidence of crimes”, regulators in the country, instead of allowing a sale to a highly qualified buyer who had promised to infuse capital well in excess of regulatory minimums, went ahead and closed the bank....

January 21, 2023 · 2 min · 373 words · Jerry Pale

Css3 Box Shadow Overview

Browser Support The box-shadow property is supported in Internet Explorer 9+, Firefox, Chrome, Opera, and Safari. Earlier versions of Internet Explorer do not support the box-shadow property. Box-Shadow Syntax The box-shadow property can accept a comma-separated list of up to six values, two of which are required. The order of values are as follows: horizontal offset, vertical offset, blur distance, spread distance, color value, and inset , that keyword that can be used to create an inner shadow....

January 21, 2023 · 1 min · 198 words · Eleanor Herring

Data Shows 340 000 Addresses Bought 64 Billion Doge At This Price Forming Stable Support Floor

Indeed, over 340,000 addresses had “purchased nearly 64 billion DOGE at an average price of $0.092, providing a stable and stiff support floor for DOGE,” as observed by crypto trading expert Ali Martinez on November 2, upon analyzing data retrieved from digital asset analytics platform IntoTheBlock. More precisely, the data shows that 340,500 addresses purchased 63.72 billion DOGE at the minimum price of $0.069076 and the maximum price of $0....

January 21, 2023 · 2 min · 268 words · James Leon

Data Shows Ada S Price Rallies Before A Hard Fork Is It Time To Buy Cardano Ahead Of Vasil In June

Based on historical data, the price of ADA often rises prior to a Hard Fork (or hardfork), which is a substantial change to a network’s protocol that permits previously invalid blocks and transactions to become valid, or the inverse. Cardians released statistics on March 26 showing that before the first Shelley Hard Fork in July 2020, ADA had risen by 500% and that before Mary in March 2021, it had risen by 1,100%, while the most recent Alonzo update saw the DeFi asset rise by 135% and reach an all-time high of $2....

January 21, 2023 · 2 min · 316 words · Glenna Isom

Didi Shares Surge Over 50 Premarket As China Lifts Foot Of Probe Gas Pedal

Notably, the U.S. stock index futures rose in early trading on Monday, June 6, after The Wall Street Journal reported that regulators are preparing to allow the mobile app of Didi back onto domestic app stores. Shares of the ride-hailing company slingshotted by over 50% to $2.82 in premarket trading after the news hit the markets. More recently, Didi was under a data-related cybersecurity investigation after its IPO in June 2021....

January 21, 2023 · 2 min · 346 words · Courtney Enriguez

Doge Developer Mints First Ever Nft On The Dogecoin Blockchain

The details of the transaction show that the mint cost only 0.1 DOGE (or $0.0018). Describing the minting process, the developer said he used Sha-256 hash functions to mint the non-fungible token. The NFT was then stored on a Checksum, which is a small block of data from another block of digital data. Following the successful minting of the NFT, inevitable360 got attention and support from other developers, including Dogecoin founder, Billy Markus....

January 21, 2023 · 2 min · 278 words · Ricky Chauncey

Energy And Real Estate Sectors End Tech Dominance In 2021 With 32 Average Returns Finbold

The sector’s gains stand at 36.8%, followed by real estate at 28.01% on a year-to-date basis. On average, the two sectors have registered returns of over 32% to end the tech dominance of 2020. In 2021, the tech industry has registered returns of 27.56% to rank in the third spot. Interestingly, despite the rising inflation fears, the stock market has generally shown resilience, with all sectors recording positive returns partly due to support from the Federal Reserve stimulus measures....

January 21, 2023 · 3 min · 516 words · Daniel Martinez

Ethereum Has Outperformed Bitcoin By 250 Since Inception Or Has It

A recent declaration by Global Macro Investor founder and CEO Raoul Pal has caused a stir as it claims that Ethereum has performed much better than Bitcoin since its inception. The tweet, made on April 7, states that ETH has outperformed BTC by 250% since inception, and it only fell below its initial price in BTC for the first five months of its existence in 2015. It should be noted that this comparison has been made for ETH in BTC terms, not in dollar terms....

January 21, 2023 · 2 min · 330 words · Holly Rizzio

Fed S Powell Says A U S Cbdc Could Maintain The Dollar S International Standing

Powell revealed that the U.S. is already exploring other use cases of a digital dollar, like improving the local payment system in line with the evolving global financial system, he said during the International Roles of the U.S. Dollar on June 17. According to Powell, the focus on a digital dollar has also been inspired by the growth of cryptocurrencies and stablecoins. Protecting the dollar’s status In protecting the dollar’s standing, Powell noted there is a need to promote the currency as a global store of value....

January 21, 2023 · 2 min · 226 words · Kristen Devit

Financial Giant Schwab Set To Launch Its First Crypto Related Etf On Nyse

Furthermore, Schwab Asset Management also announced that its first exchange-traded fund (ETF) linked to cryptocurrencies would begin trading on the New York Stock Exchange Arca from August 4, according to a press release by the asset manager. In contrast to ETFs, which follow the performance of a diversified portfolio or basket of digital assets, Schwab’s offering will provide investors access to firms that may profit from the development or use of cryptocurrencies and is intended to mirror Schwab Asset Management’s new proprietary index STCE....

January 21, 2023 · 2 min · 252 words · Hattie Ingram

Finbold Com Launches A Probability Of Getting Coronavirus Calculator

How it works The calculator determines a chance of infection by working out the ratio between new Coronavirus cases in the selected area compared to its population.Please note, the calculator only takes into consideration new daily cases in each area reported by credible sources to remove all bias from its calculations. Knowing new confirmed cases in each country allows us to work out the actual percentage of people that were infected that day....

January 21, 2023 · 2 min · 357 words · Maria Montgomery

Five Exchange Traded Funds Etfs Growth Investors Should Consider Finbold

However, a few ETFs have managed to derive outsized gains for investors compared to the S&P 500 (AMEX: SPY). Here, we take a look at five such growth ETFs that you can consider right now. Invesco QQQ In the last decade, the Invesco QQQ ETF (NASDAQ: QQQ) has derived returns of 465% compared to the S&P returns of 211%. The tech-heavy fund has a forward yield of 0.52% and $161....

January 21, 2023 · 2 min · 325 words · Morgan Bacot

Formatting The Date In Asp

Built-in Functions ASP provides a number of built-in date-related functions that can be used to find the current date and time. The three most common functions are date(), time(), and now(). FormatDateTime Function The FormatDateTime function can be used to format the results from the date-related function. You can pass an optional integer ranging from 0 through 4. 0 – This is the default setting.1 – long date defined by the regional settings....

January 21, 2023 · 1 min · 134 words · Esteban Dixie

Former Sec Chair Details What To Expect From Bankman Fried S December 13 Congress Hearing

Notably, after a series of media tours, SBF is expected to appear before Congress and answer lawmakers’ questions regarding FTX’s management and the subsequent collapse of the trading platform. According to Clayton, SBF is likely to extend his narrative of denying any wrongdoing as exhibited during recent media appearances while noting that more should be expected from the hearing, he said during an interview with CNBC on December 12. Need to remain authentic He noted that Bankman-Fried should expect different questions since members of Congress are not constrained to what they should ask....

January 21, 2023 · 2 min · 293 words · Robert Christie

German Stock Market Hits 5 Month Low Amid Slowing Economy Finbold

The Frankfurt DAX 40 (DE40), a top index in Europe, is among the most affected plunging 0.8%, hitting a five-month low of 15,042. The index last hit the level back in May this year. The slowing economic growth has been coupled with rising interest rates and inflation, with the region making attempts to recover from the shadows of the coronavirus pandemic. Notably, the plunge is significant considering the DAX index is the benchmark index for the German equity market....

January 21, 2023 · 2 min · 308 words · Sean Driever

Goldman Sachs To Cut Workforce Due To A 23 Yoy Revenue Drop

In particular, Goldman Sachs (NYSE: GS) released its Q2 results roughly one month ago, where revenue and deal activity slumped, among other highlights. Thus, the firm is preparing for a new round of job cuts, according to a The New York Times report. After the 22.9% year-on-year (YoY) total net revenue drop, less activity in debt and equity underwriting, and reduced mergers and acquisitions (M&A), job cuts were expected. In addition, the macro backdrop of increasing rates, uncertain financial conditions, and the war in Ukraine are all exacerbating the issues the investment bank is facing....

January 21, 2023 · 2 min · 295 words · Karen Glover