Dogecoin Whale Transactions Soar To 4 Month High Is A Big Price Move Imminent

This time, DOGE has reached a four-month high in transactions by whales, suggesting they may be positioning for a big price move in the future, as crypto analyst Ali Martinez tweeted on April 26. To drive his point home, Martinez posted a chart that shows an increase in the number of large transactions on April 25, along with a slight increase in price. Specifically, the number of transactions on the DOGE network with a value greater than $100,000 reached a four-month high at 2,440 transactions....

January 19, 2023 · 2 min · 275 words · Joyce Letko

Draftkings Stock Is Shining On Bright Fundamentals Sports Betting Legalization

The online gambling market share will increase substantially in the years ahead as key states are likely to legalize online betting, Goldman Sachs says. The firm is optimistic about DraftKings’ potential to take advantage of improving trends and expects that the presence of national contracts will help it to achieve scale sooner than its competitors. Meanwhile, the online betting market size is predicted to reach $15 billion in 2025E and double in the next five years based on market reports....

January 19, 2023 · 2 min · 221 words · Tiffany Dunlop

Dubai Police Teams Up With Crypto Firm To Educate Investors On Digital Asset Fraud

The objective of the collaboration is to help educate investors and traders about crypto fraud, Arab News reports. BitOasis CEO Ola Doudin said that the firm’s partnership with the police may help protect investors and traders given the number of scams happening on peer-to-peer platforms. Tarek Mohammed, the head of the Dubai Police virtual asset crime section, said that the police department is now extensively training its force to understand crypto and blockchain....

January 19, 2023 · 2 min · 216 words · Jesse Haskins

Ethereum Co Founder Buterin Donates 600K In Eth Mkr Towards India S Covid 19 Relief

Through his Twitter account, Buterin shared proof of his 100 ETH donation valued at approximately $228,648 alongside 100MKR worth $380,000 by press time. Buterin was responding to an appeal by Ethereum scaling platform, Polygon founder Balaji Srinivasan Nailwal who called for donations towards helping India. The country is currently in crisis following a devastating Covid-19 surge with global partners pledging for support. Other individuals who responded to the appeal include former Coinbase CTO and board partner at VC firm Andreessen Horowitz, Balaji Srinivasan, who donated about 21....

January 19, 2023 · 2 min · 216 words · Perry Daniels

Ethereum Exchange Balance At 19 Month Low As Price Hits 2 140 Peak

Data from on-chain analytics provider Glassnode has revealed that the amount of Ethereum stored on exchanges has fallen to a 19 month low. There is currently around 14.6 million ETH, or 12.7% of the entire supply, sitting on centralized exchanges according to the data provider. It has not been this low since August 2019 when the asset was trading at around $220. The data suggests that more of the asset has been moved into cold storage or institutional funds, deposited on the Ethereum 2....

January 19, 2023 · 2 min · 380 words · Clifton Brown

Ethereum Futures Trading Volume Reaches A 3 Month High Ahead Of The Merge

Bloomberg Intelligence’s senior commodity expert Mike McGlone took to Twitter on August 9 to voice his stance on the maturation process of Bitcoin (BTC) and ETH, indicating that the 90-day futures volume of ETH hit an all-time high. He also added: Futures trading volume According to data from Skew Analytics, the futures trading volume reached roughly $28 billion on August 8, with all-time high interest spreading across July and August, with the largest volume of $46 billion seen on July 18 and July 28....

January 19, 2023 · 2 min · 216 words · Robin White

Ethereum Leads Crypto Markets Tapping New Two Year High Finbold

Ethereum has been on a roll this month, buoyed up by a successful final testnet launch of the first phase of the highly anticipated ETH 2.0 upgrade, and a surging decentralized finance (DeFi) sector. Ethereum hitting highs In early Asian trading on Monday morning, ETH prices returned to a 25 month high of just over $435 according to Tradingview.com. The move has followed weekend momentum which built upon gains last week sending Ethereum back to prices not seen since July 2018....

January 19, 2023 · 2 min · 381 words · Norma Frost

Eu Plans To File Antitrust Charges Against Amazon

The charges could be filed in the next two weeks, said one of the people familiar with the matter. The European Commission is working on its case. One of the sources said that it has already drafted a charge sheet which has been circulating for at least two months now. The company is facing similar problems in the US as well. The Federal Trade Commission is investigating the company for its business practices in both cloud computing and retail....

January 19, 2023 · 1 min · 97 words · Sabrina Tiley

European Stocks Climb To Over 2 Week Highs Led By Hellofresh Puma Zalando

Among the indices, the Stoxx 600 share index gained at least 2% on Wednesday despite being weighed down by the war in Ukraine and the associated increase in energy prices. Elsewhere, Germany’s Xetra Dax also gained almost 2.4%, while London’s FTSE 100 was up 1.2%. The Germany Stock Market Index (DE40) also recorded significant gains with meal-kit firm HelloFresh (ETR: HFG) leading the rally surging 4.87% in the last 24 hours, followed by Puma (ETR: PUM), which has gained 3....

January 19, 2023 · 2 min · 330 words · Norman Adams

Eurozone S Household Savings Rate Plunges 14 Signaling A Worrying Trend

On October 5, new data on the second quarter of 2022 from Eurostat offered insights into the battered European economy, struggling with inflationary pressures, an energy crisis, and potentially an upcoming recession. Among other highlights, the household savings rate dropped by 13.7%, while business profit share decreased by 39.8%, indicating a worrying trend in the euro area. Despite these troublesome data points, the household investment rate remained constant at 10....

January 19, 2023 · 2 min · 325 words · Sharon Armstrong

Fb Stock Crashes By 22 As 200 Billion Outflows From Meta Finbold

Before opening the markets on Thursday, 3 February, Meta’s stock was trading at $251, a 22% decline leading to a record wipeout of almost $200 billion in market capitalization. The magnitude of the decline is one of Meta’s worst in history since going public almost a decade ago. One of the key triggers for the drop is the revelation that Facebook’s network effect is declining amid increasing competition. During the fourth-quarter results call, Meta stated Facebook’s daily active users stood at 1....

January 19, 2023 · 2 min · 393 words · Francis Petty

Football Giants Real Madrid And Barcelona File A Joint Trademark Application For Crypto And Metaverse

As it happens, the newest additions to the space are Spanish football clubs FC Barcelona and Real Madrid CF, which, interestingly, filed for a joint cryptocurrency and metaverse trademark application, according to the metaverse trademark attorney Mike Kondoudis who shared the news on Twitter on August 11. The El Clásico rivals filed the trademarks on August 5, covering virtual reality gaming, non-downloadable virtual clothing, footwear, and headwear, downloadable blockchain transaction management software, e-wallet software, and more....

January 19, 2023 · 2 min · 280 words · Ola Martin

Foreign Investments Into India S Crypto Startups Surge In 2021 Finbold

Between January 1, 2021, and June 15, 2021, crypto and blockchain startups in India received a total investment of $99.7 million. The amount already breached the $95.4 million total investments received by the industry in 2020, Dazeinfo reports, citing data from insights platform Traxcn. The investments in 2020 and the first half of 2021 reflect a significant jump from just $6.3 million in 2016 and $6.4 million in 2017. Investors funneled $49....

January 19, 2023 · 2 min · 337 words · Lisa Berthelette

Four Newcomers Tips From Billionaires On How To Get Started In The Crypto Industry

To help them in this endeavor, entrepreneur and crypto education YouTuber Jordan Welch spoke to several of crypto’s richest investors at the Bitcoin 2022 conference in Miami and they shared important tips in a video posted on April 10. Welch’s question was simple – “What’s the best way to make money with crypto?” – but he got plenty of useful input, with four pieces of advice standing out the most:...

January 19, 2023 · 2 min · 309 words · Lisa Ambrose

Global Blockchain Funding Hits A Record 9 Billion Growing For The 7Th Consecutive Quarter

Indeed, while the majority of other industries saw decreases in Q1’22 owing to sluggish public markets and an unstable economy, venture capitalists have increased their focus on blockchain and cryptocurrency, with $9.2 billion recorded in quarter 1, 2022 Global blockchain funding, according to a report by CB Insights published on May 11. Web3, including non-fungible tokens (NFTs) and DeFi was the primary growth engine. 461 blockchain deals globally in Q1 2022 A record amount of equity investments were made to blockchain firms during the first quarter of 22....

January 19, 2023 · 2 min · 280 words · Dewayne Dugas

Global Etfs Hit Record Inflow Of Capital At 639 Billion In H1 2021 Finbold

Data provided by financial markets data provider Refinitiv indicates that globally, investors pumped $639.8 billion in ETFs for the first six months of the year. The figure represents more than double compared to the first half of 2020. Equity ETFs attracted the largest interest at 76% or inflows of $490.65 billion, while bond ETFs had $136.6 billion in investment. Elsewhere, the United States recorded the biggest share of investments at $469....

January 19, 2023 · 3 min · 447 words · Roberto Norman

Gold Won T Boom Like Bitcoin Any Time Soon Us Global Investors Ceo Says

Speaking to Kitco News, Holmes noted that Bitcoin also has an edge over gold because it’s a private property and portable. He states that gold had similar features to Bitcoin, further suggesting that digital currency has become a store of value. Holmes further noted that Bitcoin resonates well with most investors, especially the young. ‘Precious metals not taking off like Bitcoin’ On the possibility of precious metals like gold and silver taking off like Bitcoin, Holmes states it won’t happen anytime soon....

January 19, 2023 · 2 min · 236 words · Rebecca Maldonado

Here S Why Luna Is Pumping Days After Total Collapse

LUNA is a token developed alongside the algorithmic stablecoin TerraUSD (UST) by Terraform Labs to keep its peg of $1. Between May 9 and May 14, UST lost its value by 85% dropping from $1 to $0.15. Luna crashed due to its link to UST which decoupled from the dollar earlier this week to collapse below one cent. The price of LUNA lost its value by 99% plunging from $62 on May 9 to less than a cent by May 14....

January 19, 2023 · 3 min · 519 words · Joseph Thomas

How Do I Fix Error Loading Media On Messenger

If the answer to all these questions is yes, then you are definitely in the right place. We will break down all the possible fixes to this dilemma. Let’s explore the possible fixes for the “error loading media” issue on Messenger to prevent this error from taking away all the fun from your time spent on Messenger. – Restart the app. – Switch to a stable connection. – Turn off the data saver mode (For Android)....

January 19, 2023 · 4 min · 771 words · Tom Rebello

How Long Does Virgocx Verification Take Kyc Guide 2023

In order to strengthen the security of cryptocurrency assets, the trading platform has integrated Ledger Vault’s cutting-edge digital asset management technology into its high-performance platform. The trading platform delivers a safe, adaptable, and agile environment that allows funds to flow in, out, and within the platform, allowing VirgoCX users to access their assets swiftly. In short: VirgoCX offers a straightforward ID verification procedure, proactively handling the onboarding of new users; It generally takes 1-2 working days to verify your account;...

January 19, 2023 · 6 min · 1176 words · Gregg Aziz