Aurora’s strategy of restructuring its business model and trimming its cost structure helped add to investors’ sentiments. Improving fundamentals are backing upside Biden administration is seeking to lift the federal ban on cannabis. Recently, three senators, including Senate majority leader Chuck Schumer, said they would present “a unified discussion draft on comprehensive reform” in the Senate in the coming months. The CEO’s of top-rated cannabis companies have also been forecasting US cannabis legalization in the short-term, with Canopy (NYSE: CGC) CEO David Klein expects decriminalization of the drug in 2021 while Tilray (NASDAQ: TLRY) CEO Brendan Kennedy anticipates cannabis legalization in the coming 12 to 18 months....

However, investors must get used to inflation, according to Thomas Peterffy, a billionaire who is the founder and chairman of the online trading platform Interactive Brokers, who spoke with Forbes over video chat. Notably, in January, Peterffy recommended that investors consider keeping 2–3% of their money in cryptocurrencies as a hedge against inflation and the possibility of fiat currencies “going to hell.” However, Peterffy is feeling less confident now as a result of the market collapse and liquidity crisis that has roiled the crypto sector....

Apparently, Binance is one of the strongest candidates for Barca’s sponsorship, with a deal rumored to be valued at around 70 million euros ($80 million) for the Spanish club, according to a recent Tweet by Spanish journalist Adrian Sanchez. Sanchez wrote: Binance already has a substantial sports sponsorship portfolio under its belt. In October of last year, the digital exchange signed a sponsorship agreement with the Italian football team SS Lazio and issued a fan token on the platform to commemorate the partnership....

Binance was allegedly utilized by hackers, drug traffickers, and fraudsters between 2017 and 2021, but the exchange was reportedly unaware of the happenings due to the anonymous nature of digital currencies, a Reuters investigation published on June 6 reveals. The investigators collected feedback from law enforcement officials, researchers, and crime victims worldwide to determine the impact of the exchange’s money laundering laws flaws. Investigators calculated the laundered amount by reviewing court records, statements by law enforcement, and blockchain data....

Specifically, Bitcoin could be looking at a monthly close above $17,500, provided that it manages to break the crucial level at $17,000, according to the tweet published by the pseudonymous crypto trading expert known as CredibleCrypto on November 30. Optimism stacks up for Bitcoin Furthermore, optimistic prognoses are coming from another reputable crypto analyst, Altcoin Sherpa, who also thinks $17,500 is a potential target for Bitcoin after it tests the level at $16,500, as demonstrated on the chart also published on November 30....

Using Arcane Research data on public miners that sold Bitcoin monthly in 2022, economist and trader Alex Krüger found that the percentage of BTC production sold monthly in June far exceeds prior months. Notably, as much as 15,000 BTC were sold in June, which is almost a 400% share of production that was sold monthly. Krüger wrote on July 17: Three crypto firms experience bankruptcy Notably, Finbold also stated on July 17 that the global crypto market capitalization climbed 8% in the previous 30 days despite bankruptcies in the industry....

In spite of this, mining Bitcoin is no longer profitable for miners, according to data from the cryptocurrency analytics platform CryptoRank that was published on June 17. This is because of the meltdown that has occurred in the cryptocurrency market, which has caused Bitcoin’s price to drop to a level that has not been seen in the past 18 months and has led the flagship digital asset to struggle to maintain support above the critical $20,000 level....

Although the $20,000 position has appeared threatened, the level, which is a critical psychological level, continues to hold firmly. In this line, the market is exploring possible scenarios that would trigger an upward trajectory for the asset. Therefore, according to Kitco News analyst Rajan Dhall, $25,066 is one of the notable crucial levels to look out for, as it will signal a possibility of recovering while offering an avenue to exit the extended bear market....

Speaking to Kitco News, Stoeferle noted that the next phase of Bitcoin’s price growth is yet to begin. According to Stoeferle, Bitcoin price appreciation will be due to factors like the asset increasingly becoming a hedge against inflation. Notably, the debate on Bitcoin being a hedge against inflation was recently put to test after the asset’s price plunged around June by almost 50% from the April all-time high of almost $65,000....

Specifically, two weeks before, Bitcoin recorded “the strongest weekly volume in more than a year, fueled by the collapse of FTX,” according to an analysis by the experts from crypto analytics firm TradingShot, published on November 22. As the analysts explained, such dramatic spikes in volume “tend to be associated with trend reversals on BTC.” Furthermore, they specified that this means the price could significantly move in either direction:...

Currently, Bitcoin is trading at $21,910, down 6.95% in the last 24 hours and a further 8.51% across the previous week, according to data retrieved from CoinMarketCap. What’s more, the total worth of the maiden cryptocurrency is $416 billion; this marks an outflow of $31 billion from its capitalization in just the last day, as it previously stood at $447 billion. Bitcoin chart analysis On August 19, Bitcoin recorded a new local low of $21,440, extending its downward trend that started on August 15....

The two miners are BH Miner ($4,500 per unit) and BH Miners Box ($20,000 per box that consists of 6 BH Miner units) and are said to return high profits while consuming less power. The firm seeks to solve the issue of power consumption that has been cited as a major drawback for mining. According to BitHull, the two miners come with the capability to mine cryptocurrencies Ethereum, Bitcoin, Litecoin, and Monero....

Boeing’s stock price is currently trading around $170, down almost by half in the past twelve months. The market analysts are seeing limited upside potential for Boeing stock due to slowing commercial segment orders and deliveries. Aviation Week forecast shows that commercial aircraft deliveries over the next 10 years will stand below 16K jets. This represents a decline of 30% from the previous forecast. The forecast also shows that widebody aircraft deliveries will stand in the range of 2,500, down sharply from an earlier forecast of 4,300....

Yet, hardware is not the only driver of changes, as trends like Indie gaming, free-to-play games, crypto gaming, and e-sports are changing the gaming landscape quickly. A study to find Britain’s most popular and searched games found the Brits searched “free games” 98,000 times a month on average, according to the findings of the study carried out by AskGamblers.com and shared with Finbold on October 11. Roblox (RBLX) tops the list with a 2....

The new data released by digital asset trading platform Okex in collaboration with the online crypto data analytics platform Skew shows a sharp drop in open interest from a maximum of $863 million to $773 million as the last recorded yesterday on May 12, 2020. Volume has also reduced from $7 billion on 11 May to $3.7 billion yesterday. This is still significantly higher than the lowest recorded since April though, which is $1....

The surge in the index follows the continued reopening of the economy alongside the increasing prospects for the sector from the proposed infrastructure plans by President Joe Biden. If the infrastructure plans are approved many sectors under the index will be the center of deal activity led by the financial players. Other sectors to take the center stage include rails, aerospace and aviation, and crude oil-sensitive stocks. In the backdrop of the index’s, Apple (NASDAQ: AAPL) posted 6....

If we notice that our Instagram posts are being seen or accessed by random strangers on the internet, we can do a few things, like a report or remove the post. But how do you limit who sees your posts on Instagram and has access to them? We will be discussing this in detail, so read on. Privacy Settings on Instagram There are two different privacy settings on Instagram- public and private....

The gang smuggled cannabis from Morocco to the Spanish territories of Algeciras and Campo de Gibraltar. The group deploys speedboats and small piers popularly known as narco jetty to move the drugs. About 64 suspects are in police custody following a raid on July 7 this year. The Spanish Guard raided eight locations confiscating 8,000 kg of cannabis, four high-speed boats, two semi-rigid boats, and 16 vehicles. Additionally, the authorities also got hold of bank accounts and real estate worth more than €3 million....

In terms of its core technology, there have been important updates on the Vasil hardfork which, as Finbold earlier reported, is scheduled for June 2022 and guarantees to help scale the protocol and dramatically increase its transaction throughput, and with it, volume and liquidity. According to the team’s latest status update from April 29, the month’s end has seen the node and consensus teams preparing the Ouroboros protocol – the current consensus algorithm in the Cardano blockchain – for the upcoming hardfork....

Notably, Cardano had a higher trading volume of $6.5 billion than its rival Ethereum, which had a volume of $5.8 billion when the adjusted volume was taken into consideration, according to a graphic tweeted by Cardano Daily on January 20. Interestingly, despite having a bigger volume, ADA had 568 times cheaper fees than its competitor, costing just $76,500 for a total of $6.5 billion in transactions. In comparison, ETH charges $38....