Mastercard And Crypto Exchange Gemini To Launch Crypto Rewards Credit Card This Summer

Since it was first introduced in early 2021, the Gemini Credit Card has amassed more than 140,000 people on its waitlist, according to the official Mastercard’s press statement. Cardholders will be able to earn up to 3% back on qualifying purchases in bitcoin or any of the more than 30 cryptocurrencies available on Gemini. Crypto rewards will automatically be deposited into the cardholders’ Gemini account. Additionally, the card will have no annual fee, so cardholders can receive the full value of their rewards....

December 20, 2022 · 1 min · 140 words · Sandy Rutledge

Nasdaq 100 Total Returns Slump For The First Time In 13 Years

Meanwhile, the Nasdaq 100 index, representing the technology sector, dropped 34.15% year-to-date (YTD). Founder and CEO of Compound Capital Advisors, Charlie Bilello, tracked the index’s returns and took to Twitter on October 11, to share the numbers, which were 23% annualized over the past 13 years. It seems that the markets are being driven by the posturing of the Federal Reserve (Fed), whose stance towards inflation indicates high borrowing costs....

December 20, 2022 · 1 min · 202 words · Emilio Wigginton

New Study Brits Look Forward To Returning To Work For Free Food And Gossip

A review of recent research shared with Finbold.com, compiled by CIPHR – a leading UK-based provider of HR software and people management solutions – has revealed that as many as 82 percent of British workers are looking forward to going back to the office – but not for the reasons you might think. The study reveals that British workers are most looking forward to chatting with colleagues (67%) after being apart for so long....

December 20, 2022 · 2 min · 367 words · Chantal Lindgren

Non Fungible Token Q2 Trading Volume Drops 40 As Interest In Nfts Wanes

Specifically, data shows that NFT trading volume in Q2 2022 has dropped by 41%, according to the ‘2022 Q2 NFT Industry Report’ created by Footprint Analytics and published on August 7. As per the report, which summarizes and analyzes the overall data of the NFT industry for the observed period, investment capital since the year’s turn “was flowing into the NFT market for collectibles, gaming, and art” due to lower prices in the cryptocurrency market....

December 20, 2022 · 2 min · 275 words · Pedro Lopez

Nyse Market Capitalization Surpasses The United States Gdp Finbold

Data acquired by Finbold indicates that the $25.62 trillion market capitalization of the New York Stock Exchange (NYSE) is higher than the United States GDP of $21.67 trillion. The market cap is the latest available data from February 2021 based on World Federation of Exchanges figures. The GDP data is as of April 2021 provided by the Congressional Budget Office. The pandemic’s role in the stock market cap surge is exhibited when comparing the NYSE’s value between February 2020 and February 2021....

December 20, 2022 · 3 min · 580 words · William Buchanan

Over 2 Billion Inflows In Doge In Two Days Pushing Meme Coin 30 Higher

Indeed, after Elon Musk updated his Twitter bio to ‘Chief Twit’ and strolled into Twitter headquarters, DOGE soared well beyond any expectations, including those of the crypto community at CoinMarketCap, according to data retrieved on October 27. Specifically, the decentralized finance (DeFi) asset saw its market capitalization increase to $10.48 billion over the past two days, growing from $7.95 billion to $10.30 billion or 29.56%, which means that $2.35 billion was poured into DOGE over 48 hours....

December 20, 2022 · 2 min · 329 words · Amanda Felicano

Over 1 Billion People Globally Will Access 5G Coverage By Next Month

The report by telecommunication firm Ericsson dubbed Ericsson Mobility Report November 2020 notes that in the next six years about 3.5 billion people will have access to 5G. The increased uptake is fuelled by China as more service providers continue to establish the necessary infrastructure. Notably, the Swedish firm projects that the global 5G subscriptions by the end of 2020 will stand at 220 million. This comes as service providers engage in fierce competition to win over customers as well as the emergence of low priced 5G phones....

December 20, 2022 · 2 min · 276 words · Kelly Briggs

Over 99 Of The Current Bitcoin Supply Held By Only 10 Of Btc Addresses

According to data by cryptocurrency intelligence platform Coinmetrics, as of June 14th, 2021, the bitcoin supply held by the wealthiest 10% addresses stands at 18,559,085. The amount accounts for 99.05% of all the current circulating 18,735,681 bitcoin supply as of June 15th, 2021. The bitcoin supply data is according to CoinMarketCap. Elsewhere, the amount held by rich addresses represents 88.37% of the 21 million maximum capped bitcoin supply. The richest bitcoin addresses potentially belong to entities like crypto exchanges and institutions that have control over high capital....

December 20, 2022 · 2 min · 346 words · Gayle Taylor

Power Corp Pow Net Profit Grows By 40 To C 505 Million In 3Q 2020

The company’s financial results for the third quarter noted that its share price grew by 75% during the quarter. In a similar period, last year, the share earn rose by 84%. Notably, in February, the company underwent a reorganization the eliminated the dual holding model. The corporation expects significant near-term cost reductions of approximately $50 million per year within two years with the reorganization. It will eliminate duplicative public company-related expenses and rationalizing other general and administrative expenses....

December 20, 2022 · 2 min · 245 words · Edward Smithheart

Quantum Fintech S Founder Btc Might Hit 400K As We Could Be Entering A Crypto Supercycle

Speaking to Bloomberg Markets, Yeh acknowledged that the cryptocurrency market is in its infancy stages but still under a unique stablecoin bull cycle despite the current volatility. Yeh believes that the current bull market differs from the previous one due to the increasing role of stablecoins that he noted are leading mainstream adoption. Yeh stated that stablecoins are playing a key role in crypto payments, suggesting that they are addressing ‘inefficiency’ shortcomings by assets like Bitcoin and Ethereum....

December 20, 2022 · 2 min · 214 words · Brent Watanabe

Reserve Bank Of India Cryptocurrencies Are Not Currencies Nor A Financial Asset

The institution acknowledged that cryptocurrencies have gained popularity but stressed that digital assets could not be classified as currencies or financial assets while stressing that they have no intrinsic value, the Reserve Bank of India said in its June 2022 Financial Stability Report published on June 30. In the report, the RBI warned that private cryptocurrencies could erode the country’s money control mainly due to the dollarisation of most assets....

December 20, 2022 · 2 min · 277 words · Jacqueline Leverett

Retail Interest In Bitcoin Returns As Btc Holders Continues To Increase Finbold

Notably, traders own more of the flagship digital currency, Bitcoin, as the number of addresses is rapidly increasing as the price also rises, indicating that retail investors are once again showing an interest in the market, according to insights by IntoTheBlock. The crypto intelligence platform highlighted: Similarly, prominent cryptocurrency trading expert Ali Martinez had a similar prognosis, noting that price movement has been correlated with the addition of a number of new addresses to the network, which he observed bodes well for more Bitcoin rises....

December 20, 2022 · 2 min · 221 words · Erika Gordon

Ta Indicator Hints At Sharp Selling Pressure For Bitcoin Ahead

One indicator, in particular, the Relative Strength Index (RSI) and Bitcoin’s 3-day RSI is currently showing a pattern of increase which, together with its price action, is indicating a sharp selling pressure for the flagship digital asset, as presented by technical analyst Matthew Hyland on October 16. Indeed, the RSI metric, which is a momentum indicator observing the magnitude of the latest price fluctuations to determine whether the value of a token is overbought or oversold, is currently moving toward the overbought line (above 70), acting as a signal to traders to sell, should it cross....

December 20, 2022 · 2 min · 343 words · Erika Ogg

Tcp Ip Network Model

If you are familiar with the Open Systems Interconnection (OSI) seven-layer model, you will notice that the TCP/IP model has fewer layers, but in reality, the TCP/IP model has just consolidated some of the OSI layers. Each layer of the TCP/IP model corresponds to one or more layers of the seven-layer OSI model. Here is a description of the layers in the TCP/IP Network Model. Network Interface The Network Interface layer relates to servicing the network interface of the host system....

December 20, 2022 · 2 min · 420 words · Betty Laskowski

Terra S Do Kwon Loses Appeal To Block Sec Subpoena Over Mirror Protocol

The U.S. Second Circuit rejected the appeal arguing that SEC had followed the correct procedure in serving Kwon with the subpoenas, court documents published on June 8 indicate. Kwon was initially served by the SEC while in the U.S. attending a cryptocurrency conference in New York in September 2021. The four-judge bench upheld the lower court’s decisions noting that the regulatory agency complied with federal rules when it served Kwon and his company Terraform Labs....

December 20, 2022 · 2 min · 293 words · Janet Combs

Terrausd De Peg Controversy Exposed By Nansen S Analysis Here Are The Keypoints

Indeed, Nansen’s research team has spent weeks digging deep into the developments that led UST to lose its peg. In particular, the firm used on-chain evidence from both Ethereum (ETH) and Terra to recreate the events and dispel the widely circulated belief that the collapse was the result of an attack by a single perpetrator on the network. The findings of the report were published on May 27. Seven suspected wallets Specifically, the analysis was organized into three phases....

December 20, 2022 · 2 min · 292 words · Lois Jensen

Texas Bitcoin Miners Are Being Paid To Shut Down And Return Energy To The Grid

The state’s grid operator issued a warning on July 11 that rolling blackouts were “likely” in the coming and asked consumers and industries to reduce their power use; the appeal was answered by Bitcoin miners, who flooded to Texas in 2021, Fortune reported on June 12. Lee Bratcher, head of the Texas Blockchain Association, said that “nearly all industrial scale Bitcoin mining” firms in Texas had shut down their rigs as of July 11....

December 20, 2022 · 3 min · 442 words · Robert Hanson

The Fed S Balance Sheet Hits An All Time High As Quantitative Tightening Fails To Take Effect

The S&P 500 held on to modest gains at 0.17% in green so far while the tech-heavy Nasdaq 100 didn’t change much swinging between small loses and gains. Investors continue to wrestle with the ramifications that the current geopolitical tensions have on the markets coupled with a rise in raw-material costs and commodities shooting up since the beginning of 2022. Super tight Fed balance sheet Key parts of the U....

December 20, 2022 · 2 min · 309 words · Herman Curnow

The Firm Behind Cardano Launches Dapp Connector To Incentivize Defi Developers

In a press statement, EMURGO indicated the wallet would promote transactions for Cardano and Ergo users on the Ergo blockchain. EMURGO says the wallet launch is part of leveraging on the growth of the Decentralized Finance sector. The DeFi sector currently has over $50 billion in total locked value. Developer incentives for DeFi solutions The Yoroi Wallet Connector seeks to incentivize developers to take part in DeFi solutions on the Cardano and Ergo platforms while enabling the transfer of token types issued on the two platforms....

December 20, 2022 · 1 min · 138 words · Esther Ramirez

The Schema Master

The Schema Master is the only DC that has permission to WRITE to the schema itself. In addition, while making changes to the schema, the user must log in to the domain as a member of the Schema Admins group. Because of the rights and permissions given to this group, membership should be very limited or even none, until the schema modification is needed. This group should be closely monitored, especially with a monitoring product such as System Center Operations Manager which can alert you if changes to a group’s membership are detected....

December 20, 2022 · 2 min · 423 words · Ella Hernandez