Parallax Digital Ceo Black Swan Threatens Bitcoin Despite World S Most Secure Network Status Finbold

Speaking to Kitco News, Breedlove acknowledged that identifying the specific event is challenging, but any incident that radically reduces the hash rate will dim Bitcoin’s future. He stated that the hash rate plunged in the wake of China’s Bitcoin mining ban, but the asset has managed to recover. However, Breedlove notes that if China, the world’s most policed state, failed to stop mining, no other country could successfully outlaw Bitcoin and related activities....

December 22, 2022 · 2 min · 290 words · Samuel Bryant

Pfizer Expects Over 50 Billion In 2022 Covid Related Sales As Analysts Remain Bullish On Pfe Finbold

In the company’s earnings call for Q4 2021, Pfizer stated that it expects to generate $32 billion from the Covid vaccines and $22 billion from its antiviral coronavirus treatment pill Paxlovid. During the quarter, the firm generated $23.84 billion in revenue, which was slightly lower than the analyst estimates of $24.12 billion. In the last three months of 2021, Pfizer sold $12.5 billion worth of Covid-19 vaccines. However, the company’s medical sales dropped 3% on a year-over-year basis to $2....

December 22, 2022 · 2 min · 394 words · Mikki Parduhn

Revolut Adds Cardano Uniswap And 9 More Tokens As Users Flock To Crypto Trading

In a blog post, the fintech firm noted that the added tokens are among the hottest in the market, and users across Europe will be able to hold, buy and sell the digital assets. The added assets combine a mixture of tokens with a bullish outlook and those with established blockchain projects. The newly added tokens include Cardano, Uniswap, Synthetix, Yearn Finance, Uma, Bancor, Filecoin, Numeraire, Loopring, Orchid, and The Graph....

December 22, 2022 · 2 min · 224 words · Sarah Pena

Revolut Enables In App Stock Trading For U S Customers Finbold

With the feature, U.S. customers will be able trade over 1,100 securities, including stocks, and access 200 exchange-traded funds on the New York Stock Exchange and Nasdaq, Reuters reports. Furthermore, the fintech firm will offer access to fractional shares and several order types, including limit and stop-limit orders. The stock trading capability means Revolut is now competing directly with platforms like Robinhood while banking on the retail stock trading that is gaining momentum....

December 22, 2022 · 2 min · 299 words · Natasha Spohr

Ripple Plans To Hire 50 Engineers As It Opens An Office In Toronto

The office is expected to play a significant role as an important technology hub in terms of blockchain and cryptocurrency solutions, as well as make it easier for Ripple to expand its operations in North America and other locations across the globe, as per the statement released by the Ripple team on June 22. Interestingly, the announcement from Ripple comes after other crypto exchanges and firms located in a variety of geographies announced huge staff reductions in response to the ongoing crypto winter....

December 22, 2022 · 2 min · 279 words · Jennifer Robards

Robert Kiyosaki Warns Us Dollar Is About To Implode Advises Buying Bitcoin Eth Sol

Kiyosaki tweeted Monday, March 28, warning “National debt to go through the roof,” and emphasizing that the dollar is “about to implode.” President Joe Biden, according to the well-known author, is responsible for inflation. He then advised investors to stockpile additional gold, silver, Bitcoin, Ethereum, and Solana in preparation for the outbreak of the third world war. Kiyosaki warns about the largest bubble in history Notably, Kiyosaki has consistently warned about the impending demise of the United States currency and has said that we are living in the largest bubble in history with a “crash and depression coming” as fake inflation accelerates....

December 22, 2022 · 2 min · 221 words · Kevin Leak

Russian Firms Flock To Open Accounts With The Chinese State Bank As Sanctions Sting Finbold

Although it is unclear how extensive Russian demand for new accounts at Chinese banks is, a person who works at the Moscow branch of a Chinese state bank and is fully acquainted with its operations says that “over the past few days, 200-300 companies have approached us, wanting to open new accounts,” according to the bank source Reuters reports. The person also noted that many of the businesses seeking new bank accounts conduct business with China already and that he anticipated yuan transactions by such enterprises to expand....

December 22, 2022 · 2 min · 348 words · Randolph Koziol

Russian Sberbank Stock Crashes 70 In Its Biggest All Time Slump Finbold

The ruble lost roughly 20% overnight, trading at 100 to the US dollar at 6 a.m. ET, after falling as much as 40%. Whatsmore the opening of trading on the country’s stock market was initially delayed and then halted entirely, due to technical difficulties, according to a statement from the nation’s central bank. Despite the fact that the Moscow Stock Exchange is closed, for the time being, Sberbank of Russia (SBRCY) has a London Stock Exchange listing and has witnessed a -69....

December 22, 2022 · 2 min · 365 words · Terrence Riley

Sec Chief Accuses Crypto Exchanges Of Trading Against Clients

In particular, one of them is the United States Securities and Exchange Commission (SEC), whose chair Gary Gensler has recently warned the public that some digital asset exchanges may actually be betting against their own customers, as Bloomberg reported on May 10. Indeed, Gensler told Bloomberg News that all entities trading crypto fall under the regulator’s scope and, therefore, need to register with it. Furthermore, he argued that some of those entities were evading rules, trading ahead of their customers, and: The SEC chair also criticized stablecoins, including Tether (USDT), USD Coin (USDC), and Binance USD (BUSD), over being affiliated with exchanges, which allows them to “potentially avoid AML and KYC” – anti-money laundering and know-your-customer controls....

December 22, 2022 · 2 min · 299 words · Denise Myers

Sending Email Using Cdosys In Asp

We can start building the ASP page by creating a Message and Configuration object. Next, set the configuration object up as shown below. You will need to provide the correct value for the smtpserver item. These two items are generally the minimum information that is required. However, depending on the configuration of your SMTP server, you have to provide a specific port, enable SSL, or authenticate. At the end of this tutorial, some additional configuration items have been listed....

December 22, 2022 · 1 min · 178 words · Charles Shirley

Shiba Inu Hype 4 Of The Top 10 Trending Cryptocurrencies Have Shib In Their Ticker

By press time, four out of the top ten trending cryptocurrencies on CoinMarketCap bear the ‘SHIB’ ticker. Shiba Inu (SHIB) leads the rankings to occupy the second spot with losses of over 42% in the last 30 days, while ShibaDoge (SHIBDOGE) occupies the third position with significant gains of over 32% in the previous seven days. SpookyShiba (SPOOKYSHIBA) is trending in the fifth position, emerging as the biggest gainer in the top 10 category at 89% in 30 days....

December 22, 2022 · 2 min · 420 words · James Darou

Solana Jumps 9 In 24 Hours To Lead Top 100 Crypto Pack By Gains

Indeed, after skyrocketing 20% the day before, Solana has continued to make gains on its daily chart, topping the list of 100 cryptos by 24-hour increases, according to the data retrieved by Finbold on November 24. At press time, the decentralized finance (DeFi) token was changing hands at the price of $14.27, demonstrating a 9.31% increase on the day and 1.01% compared to seven days before, despite still in the loss on the monthly chart....

December 22, 2022 · 2 min · 270 words · Kristy Moore

Spain Tightens Regulations For Crypto Exchanges And Custody Platforms Finbold

According to the legislation outlined in Law 10/2020 on the Prevention of Money Laundering and Terrorism Financing, “providers of virtual currency exchange services for fiduciary currency and custody of electronic purses” are required to begin a registration process. Following this legislation, the Spanish government responded by issuing Royal Decree-Law 7/2021, which defined the time limitations for the record to be in accordance with the law. There is a six-month term that began on April 29 and concludes on October 29 of this year....

December 22, 2022 · 2 min · 348 words · Jerry Dickens

Spanish Authorities Plan To Force Crypto Holders To Disclose Their Holdings Value

Indeed, the Spanish Ministry of Treasury is seeking to force holders of cryptos to declare their digital assets and clarify whether they are holding them abroad or not, in an attempt to increase control of the largely unregulated new asset class, according to a report by the Catalonian news outlet ARA on June 22. Specifically, the report cites the Ministry’s draft proposal dating from June 17, in which it lists a set of new rules to apply to crypto holders, custodians, and exchanges, enforcing obligations such as declaring one’s digital currency holdings and their value in euros to Spain’s tax regulators....

December 22, 2022 · 2 min · 295 words · Keith Williams

Technical Analysts Who Called 20 000 Bitcoin Say Btc Could Fall To 10K

Speaking with Kitco News on August 16, Kevin Wadsworth and Patrick Karim, technical analysts of Northstar & Badcharts, discussed their next price targets for Bitcoin. Giving an outlook on Bitcoin after the cryptocurrency hit the target of the $20,000 mark he outlined, Wadsworth indicated with percentages that Bitcoin could fall as low as $10,000 based on technical analysis. In particular, he added: A Bitcoin move to the upside is not ruled out It is also important to note that Wadsworth states that “we can’t rule out that move to the upside,” but knowing where Bitcoin’s support and resistance levels are located, gives investors a heads up....

December 22, 2022 · 2 min · 384 words · Julio Joseph

Technicals Hint Bitcoin Bull Market Could Kick Off In April 2023

Taking into account the Bitcoin (BTC) charts and observing historical bear market trends, the maiden cryptocurrency could be in for a bullish run, but not before April 2023, according to a tweet from crypto analyst Kevin Svenson on October 20. Using the chart, Svenson identified Bitcoin cycle tops for 2013, 2017, and 2021, as well as the subsequent bullish pivots, as well as observed how long the bear markets lasted before taking a turn toward the upside....

December 22, 2022 · 2 min · 370 words · Jeanette Bradford

Telegram Founder Slams Apple S Devices Compares To Middle Ages Experience

Durov made the remarks through his public Telegram channel while reacting to a New Times report alleging that Apple participated in wide-scale surveillance and censorship in China. According to Durov, Apple’s model involves selling overpriced hardware to customers while limiting their options to integrate iPhone functionalities with other operating systems. He added that while developing Apple’s software, it relates to working in the “middle ages,” and the devices cannot compete with Android....

December 22, 2022 · 1 min · 184 words · Adela Horning

Tesla S Bitcoin Strategy Paves The Path For Broader Adoption Apple In Focus

What’s more, Tesla founder Elon Musk has played a key role in fueling crypto prices higher over the past couple of weeks. He supported bitcoin and Dogecoin in interviews and tweets. Musk said Bitcoin is really on the verge of getting broad acceptance by conventional finance people in a Clubhouse audio app interview. He also called Dogecoin a people crypto. Tesla’s stock price grew only 1% after the announcement of crypto investment and adoption....

December 22, 2022 · 2 min · 240 words · Jerry Humphries

The Median Price Of Existing Home Sales Surges Over 30 In Just Two Years

Indeed, the latest data shows that the median price of existing-home sales has surged by over 30% in just two years. The median price of a home sale stood at $285,000 around March 2020; however, this figure has jumped to $375,300 as of March 2022. In particular, the median existing-home sales price rose to $375,300, up 15% from one year ago, according to the latest data released on Wednesday, April 20 from the National Association of Realtors (NAR)....

December 22, 2022 · 2 min · 249 words · Dacia Rameriez

Three Cryptocurrencies That Performed Better Than Solana In The Last 7 Days

Arweave has increased by 129.93% in the last week and hit a high yesterday of $69.59 – a price that the coin has never previously achieved; currently, the asset is trading at $59.80. As the first blockweave network, Arweave is supported by Coinbase Ventures, part of Coinbase Global. Arweave is a blockchain that enables the preservation of files on a decentralized network where they are freely accessible and almost free from censorship....

December 22, 2022 · 4 min · 694 words · Regina Hernandez