Jeff Bezos Offloads 1 8 Billion Of His Amazon Stock Finbold

The Company posted over $3 billion in quarterly profits. The Company had flirted with $1 trillion in intraday trading on January 31 and then on February 3. However, it failed to sustain the valuation at the close of both trading sessions. The Company also tried to close above the elite trillion-dollar valuation in July 2019 but without success. Market caps are considered official at the end of any trading day....

December 19, 2022 · 1 min · 70 words · Henry Pierce

Jeff Bezos Offloads 2 5 Billion Amazon Amzn Shares Finbold

Bezos offloaded the 739,032 shares in a pre-arranged trading deal. With the sale, Bezos still accounts for over 10% of the company’s stock while retaining his top spot as the world’s richest man with a cumulative net worth of approximately $193 billion. The company is set to keep reaping the benefits from the pandemic, with 2021 revenue projected to surpass $500 billion. Last year, the company posted $386 billion in revenue, an annual increase of about 38%....

December 19, 2022 · 1 min · 127 words · Dena Chasten

Jquery Focus Events

The focus() method triggers the focus event, or specifies a function to run when a focus event occurs. The focusin event is similar to the focus event, but unlike the focus() method, the focusin() method triggers if any child element gets focus. The same is true with the focusout() method. Syntax Focus Example In the following jQuery example, when a user clicks on an input element or uses the tab key, the currently selected input element will trigger the focus() method....

December 19, 2022 · 1 min · 175 words · Ashley Albert

Konami Seeks Blockchain Specialists For Web3 And Metaverse Expansion

The colossus of the video game industry is the most current in a long line of well-known companies to voice an interest in expanding its NFT, Web3, and metaverse offerings by looking to hire fresh talent such as blockchain developers the firm revealed in a press release on October 13. The company announced on October 13 that it was looking for “a wide range of talent” in connection with the “system construction and service development” that would be related to the impending metaverse and Web3 platforms....

December 19, 2022 · 2 min · 287 words · Javier Collom

Lightning Network Adoption Rises 226 In A Year Surpassing 72K Open Payment Channels

Indeed, the data published by Glassnode on September 24 shows that channels open have increased by 226% in 12 months. It is most likely due to El Salvador’s adoption of Bitcoin as legal currency, with the Lightning Network playing a significant role in the onboarding process, that the network has seen such rapid growth over the past three months. CEO of MicroStrategy, Michael Saylor, recently stated on Twitter that “Bitcoin on Lightning is the future of global payments....

December 19, 2022 · 3 min · 446 words · Donald Bowers

Lucid Air Triumphs Over Tesla Model S In An Edmunds Head To Head Comparison

Edmunds is an American online resource for automotive information, including expert car reviews based on real-world testing. The review claims that Lucid’s luxury sedan can compete with the Model S in some areas while clearly beating it in others. The real-world range test showed that the Air model traveled 505 miles out of the advertised 520-mile range. On the other hand, Tesla’s Model S managed to travel 345 miles, falling short of the EPA rating’s 348-mile standard....

December 19, 2022 · 2 min · 356 words · Janita Marusak

Machine Learning Algorithm Sets Solana Price For February 1 2023

In this regard, the machine learning algorithms over at the digital asset tracking and predictions platform PricePredictions have projected that Solana will be changing hands at the price of $21.58 on February 1, 2023, according to the data retrieved by Finbold on January 20. If the predictions, based on various technical analysis (TA) factors, including moving averages (MA), moving average convergence divergence (MACD), relative strength index (RSI), Bollinger Bands (BB), and others, materialize, this would mean that the price of SOL would increase 2....

December 19, 2022 · 2 min · 389 words · Antoinette Torres

Market Strategist Suggests Btc Can Drop To 30K Predicts Slower Institutional Adoption

Speaking to Kitco News, Soloway stated that after breaking the $30,000 barrier, bitcoin might once again trade at $20,000, the 2017 all-time high. He maintained that a 50% correction in the price of bitcoin is not unusual. In April, bitcoin attained its all-time high of $64,800. The strategist added that the financial sector should take Elon Musk’s cryptocurrency decisions seriously as they might have ripple effects. This is after bitcoin traded below the $50,000 after Tesla made the decision public....

December 19, 2022 · 2 min · 258 words · Jeffrey Bell

Mars Inc Files Nft Crypto And Metaverse Trademarks Applications For M M S

Consequently, leading global chocolate manufacturer Mars Inc. has filed for an NFT trademark application for its popular brand M&M. Licensed trademark attorney Michael Kondoudis revealed the news of the application in a tweet on June 24, noting that the application entails “NFTs and digital tokens, virtual candy and snacks.” Additionally, the application made on June 20 before the United States Patent and Trademark Office (USPTO) covers software for authenticating, transmitting and storing NFTs, digital currency and tokens alongside crypto-collectables....

December 19, 2022 · 2 min · 315 words · Janet Bingham

Neither Luna Nor Shib Ethereum Is Now The Most Trending Cryptocurrency

In this line, second-ranked cryptocurrency Ethereum (ETH) continues to register interest, recording significant gains within 24 hours and 30 days at 10.50% and 34.74%, respectively, according to CoinMarketCap data. Environment-conscious project Grover (GVR) ranks second with gains of 574.95% in the last 30 days. Green Satoshi Token (GST) ranks third, followed by Terra Classic (LUNC), while Bitcoin (BTC) is in the fifth spot. Ethereum rallying ahead of the Merge upgrade Indeed, Ethereum’s rank correlates with the asset’s recent gains in the wake of the Merge upgrade that will transition the blockchain from the Proof-of-Work (PoW) mechanism to Proof-of-Stake (PoS)....

December 19, 2022 · 2 min · 383 words · Osvaldo Laster

New Ripple Report Reveals 76 Of Financial Institutions Expect To Use Crypto By 2025

Indeed, 76% of worldwide financial institutions want to utilize cryptocurrency over the next three years, provided that legislation permits it, according to the global study conducted by Ripple published on August 11. Meanwhile, at 71%, somewhat fewer businesses think they will employ crypto in the next three years, which is a departure from the general trend of firms being more open to digital assets and more hopeful about their advantages....

December 19, 2022 · 2 min · 391 words · Karine Davis

Number Of Doge Made Millionaires Doubles In Two Weeks Exceeds 2 000

Data provided by cryptocurrency data tracking platform BitInfoCharts indicates that as of May 4, 2021, about 2,866 dogecoin wallets each had a value of at least $1 million. The figure represents a growth of 116% from April 23 when 1,321 wallets had doge with the value of at least $1 million. The new doge millionaires are a result of the asset’s new all-time high price of $0.56 after surging 30% on May 4, 2021....

December 19, 2022 · 2 min · 324 words · Thomas Kulik

Over 70 Billion Inflows Bitcoin S Market Cap In 7 Days Will The Price Rally Be Sustained

As it happens, Bitcoin’s market cap has grown from $377 billion on July 13 to nearly $451 billion where it stood at press time, which means that it has increased by around $74 billion or 19.63% in a single week, according to the CoinMarketCap data retrieved by Finbold on July 20. Bitcoin price analysis With the dramatic influx into the broader market cap, the price of Bitcoin has followed, strengthening by 19....

December 19, 2022 · 2 min · 298 words · Thomas Serra

Polygon Matic Set For A Strong Rally In 2023 If This Pattern Holds

Specifically, after the COVID crash of March 2020, the price action of Polygon has so far mimicked the pattern that Ethereum (ETH) was making between October 2015 and January 2017, according to a side-by-side analysis by the experts at TradingShot published on November 20. What are the similarities and what do they mean? As the analysts explained, “the MATIC Network (MATICUSD) was rejected last week on the 1W MA50 [50-day moving average]....

December 19, 2022 · 2 min · 282 words · Cynthia Brown

Real Estate Etfs Deliver A Solid Returns For Investors In 2021 With An Average Roi Of 45

According to data acquired by Finbold, the three top-performing real estate ETFs had a return on investment at an average of 45.69% between January 1, 2021, and June 2, 2021. Direxion Daily Real EstateBull (DRN), which invests in public equity markets across the United States, is the best performing real estate ETF with gains of 67.41%. ProShares Ultra RealEstate (URE) ranks in the second spot with returns of 40.48%, while Credit Suisse X-LinksMonthly Pay 2xLeveragedMortgage REIT ETN (REML) is third with returns of 29....

December 19, 2022 · 3 min · 473 words · Olimpia Brown

Revolut Rebounded In 2020 But Growth Plans Could Hinder Profitability

The digital bank says its revenue fell 40% early in 2020. Still, the business rebounded sharply in the past few quarters, helping reach a breakeven level in November for the second time in history, according to Nik Storonsky, Revolut’s CEO and co-founder. Revolut, which has more than 13 million retail banking users and 500,000 business customers, says the sustainable profitability depends on how fast the bank wants to grow....

December 19, 2022 · 2 min · 223 words · Nellie Tucker

Russian Metro Engineers Caught Stealing Subway S Electricity To Mine Bitcoin

The resignation was confirmed by MUP Metroelectrotrans, the company managing the Kazan Metro in Tatarstan, with the engineer facing accusations of using electricity running into thousands of dollars. Before the resignation, the Tatarstan Investigative Committee announced that a criminal case had been opened against two metro workers for abuse of office. The employees are facing allegations of illegally installing cryptocurrency mining equipment at a power substation. The mining reportedly resulted in the consumption of electricity worth $4,700....

December 19, 2022 · 2 min · 280 words · Joseph Smith

Salesforce Stock Is Presenting A Buying Opportunity For Long Term Investors

Before the latest selloff, the shares of the cloud software application company grew sharply since the beginning of this year amid strong fundamentals and improving financial numbers. The latest selloff is only due to the broader market decline. Indeed, Salesforce has been experiencing robust demand for its cloud application products. This is evident from CRM’s announcement of creating 12,000 new jobs in the next year, with 4,000 jobs in the next six months....

December 19, 2022 · 2 min · 227 words · Mark Goodnight

Strategic Bias Index Show Bullish Expectation For Bitcoin Investors

The Sentix Strategic Bias reflects the strategic view of market participants and their underlying perceptions of the value of Bitcoin for the coming six months. This indicator represents investors’ general willingness to invest in the market and leads the market by several weeks. Experts say that the indicator primarily reflects investors’ longer-term convictions and perceptions related to value. Hence, it is an indicator designed by the ‘wisdom of crowds’; accumulating the knowledge and opinions of leaders in the market....

December 19, 2022 · 3 min · 592 words · James Maya

Switzerland S Largest Online Bank Plans To Launch Crypto Exchange

Sales Manager at Swissquote, Jan De Schepper, disclosed that the online bank’s aspirations include setting up its own cryptocurrency trading platform, in a recent interview with finews.asia. Other cryptocurrency aspirations include being “the leading Swiss provider of digital assets.” In order to do this, the broker intends to expand its cryptocurrency offering, in addition to stablecoins and staking services, which are now in great demand in the cryptocurrency market....

December 19, 2022 · 2 min · 286 words · Helen Wonders