After A Sluggish Weekend Major Cryptocurrencies Trade Higher On Monday

Bitcoin (BTC) and its equivalents grew Monday morning slightly, with eight of the top ten digital currencies trading higher this morning as the overall market valuation of the whole crypto industry is $1.42 trillion, at present a 2.26% increase in 24 hours, according to CoinMarketCap.com. Only the two stablecoins, USDT and USDC, are marginally down 0.03% and 0.04%, respectively. Market volume Regarding market volume over the previous 24 hours, there is a 0....

December 15, 2022 · 2 min · 380 words · Kelsey Goodson

Airbnb Stock Forecast Analysts Predict 22 Upside For Abnb Finbold

Indeed, results were better than expected; however, the tourism industry’s ongoing problems have subdued investors’ excitement. Recently, its price has been fluctuating between $138 and $152, which is a relatively wide range and compared with its all-time high of $217 obtained two months after its IPO, this is a significant price drop. The firm is now trading in the center of this range, where prices have been stabilizing recently, which may provide a nice entry opportunity, although some resistance may be present above....

December 15, 2022 · 3 min · 433 words · Abel Fegley

Alert Uber S Internal Systems Hacked Giving Bad Actor Full Access

Specifically, Uber’s platform was hacked on September 15, with the attacker gaining access to the company’s multiple critical internal systems, such as its Windows domain and security software, including vulnerability reports, Bleeping Computer reported on September 16. Full access to Uber’s systems In addition, the hacker shared with cybersecurity researchers and The New York Times reporters the screenshots of the platform’s internal systems, email dashboards, cloud storage, and Slack server, showing what seems like complete access to these systems....

December 15, 2022 · 2 min · 277 words · Doug Meldrum

Amc Stock Down Over 5 After A Recent Spike Here S Why

The decline in the market ended a run of four consecutive gains for AMC’s stock price, which finished the day $19.50 behind its 52-week high of $27.03, hit on this day last year (November 17). In the previous month, AMC has been trading in the $5.05 – $8.35 range, which is quite wide and is currently trading near the high of this area. Notably, the volume has been much greater in the previous several days, which is a good sign during a strong uptrend....

December 15, 2022 · 2 min · 422 words · Lori Fortenberry

Apollomed Sees 9 Million In Insider Buying Ameh Stock Jumps Over 6

Meanwhile, the company’s stock price has increased by more than 8% since the SEC filing, and it finished the most recent trading session with a gain of 6.45%. Additionally, in its latest earnings report, the company managed to beat Wall Street’s expectations by posting $195.1 million of revenue, a beat by $18.86 million. Similarly, the company beat earnings per share (EPS) by $0.03, to a total EPS of $0.30. AMEH chart analysis Presently, despite closing in the green during the last session, the shares did not manage to close above the 50-day Simple Moving Average (SMA)....

December 15, 2022 · 2 min · 330 words · John Coats

Apple S Stock Sell Off Unsustainable Despite Sharp Decline Among Faang Stocks

The sell-off is not limited to Apple. Besides Google’s parent Alphabet (NASDAQ: GOOG), all other FAANG components are in red. The sell-off is not sustainable Apple’s stock price sell-off has created an attractive entry point for new investors. This is because the world’s largest technology giant is likely to extend its high revenue growth trends amid revenue diversification strategies and plans for new product launches in 2021. Indeed, the company has been outperforming the market trends....

December 15, 2022 · 2 min · 231 words · Kelly Austerberry

Apple Stock Continues To Outperform The Market Despite Omicron Fears Finbold

In particular, Apple is ahead of the broader market for the first time since late January and by a sizable margin versus the Nasdaq composite. AAPL is presently on its way to setting a new 52-week high, which is a highly positive sign for investors, especially given the fact that the S&P 500 is trading at the higher portion of its 52-week range, so AAPL is outperforming the rest of the market....

December 15, 2022 · 3 min · 625 words · Jessica Waage

Bank Of Korea Calls For Institutional Issuance Of Crypto Icos Signaling An End To Bans

In this line, the institution, through the proposed Digital Asset Framework Act, notes that there is a need to institutionally allow local cryptocurrency ICO for traded digital assets like Bitcoin (BTC), South Korean news outlet Infomax reported on August 29. It is worth mentioning that the proposed regulation will usher clarity into the sector, considering that previously, most domestic entities established companies abroad to issue new crypto assets and then list them on domestic trading exchanges....

December 15, 2022 · 2 min · 222 words · Peter Byrd

Barclays Named World S Best Bank For Markets Finbold

According to Euromoney, Barclays received the award following a year of determination in building a successful business. The structure contributed to the highest gains in the market share and a formidable financial performance outpacing the closest competitors. Barclays markets business had the best first-half performance in 2020, generating an income of about 63%. The performance helped clients deal with the economic impact of the coronavirus pandemic. Barclay’s H1 2020 income grows by 62% During H1 2020, Barclay’s markets registered an income of £4,564 million, representing a growth of 62....

December 15, 2022 · 1 min · 178 words · Ronald Ogata

Beyond Meat Jumps Over 6 As The Sentiment In Food Stocks Picks Up

Beyond Meat (NASDAQ: BYND) finished the day up by 6.03%, leading the cohort; however, the company will need to deliver big on its promises in the next quarters to be considered a household name in the packaged food business for the next decade. Meanwhile, on May 11, the company reported its Q1 earnings, showing revenue and gross margins below the industry’s expectations. The net revenues were $109.5 million compared to the expected $112....

December 15, 2022 · 2 min · 279 words · Lindy Durden

Bitcoin Etf Will Pave The Way For Six Figure Values Says Prominent Crypto Trader

Speaking to Kitco News, the crypto trader and presenter of the podcast The Wolf Of All Streets Scott Melker talked about the importance of a Bitcoin exchange-traded fund (ETF): He expressed: Melker added: Melker forecasts that large institutional investors would abandon gold in favor of Bitcoin, particularly if an ETF is allowed in the United States. Infrastructure bill The United States infrastructure bill and the idea to partially fund the $1 trillion bill by putting tax-reporting requirements on Bitcoin brokers, according to Melker, is the best advertising for Bitcoin in history....

December 15, 2022 · 1 min · 204 words · Jeffrey Bain

Bitcoin Eyes 45 000 As Analysts Predict A Rebound In Q4 Finbold

Indeed, many experts, such as renowned full-time cryptocurrency trader Michael van de Poppe, has declared: “October. Q4. Party is beginning.” In addition, crypto trading analyst Galaxy anticipates that Bitcoin’s value will increase again in the fourth quarter, with a bull run to $100,000 beginning in November. ​​Currently, the flagship digital asset is trading at $44,908, up 4.07% on the day but down 0.4% in the last seven days, according to CoinMarketCap....

December 15, 2022 · 3 min · 537 words · Jill Buford

Bitcoin Held By Crypto Miners Reaches 10 Year Low What Does It Mean

An argument in favor of this is the fact that the amount of Bitcoin (BTC) held by crypto miners has recently hit its 10-year low. Indeed, miners’ Bitcoin holdings have dropped to their lowest level since 2010, standing at a total of 1.95 million BTC owned by the entire miner community, as tweeted by the crypto market research platform IntoTheBlock on March 11: The movements of the amounts of BTC held by miners seem to be following a very different pattern from what it looked like back in November 2021....

December 15, 2022 · 2 min · 336 words · Susan Parsons

Bitcoin Ira Launches World S First Crypto App For Self Directed Retirement Accounts

In a press statement, Bitcoin IRA said the app compatible with iOS and Android devices, will be available on the respective app stores from June 21, 2021. The application will offer users custom charts and live price charts and live price alerts. In addition, the platform comes with a monthly interest where users can earn up to 6% on cryptocurrencies, including bitcoin, ethereum, and cash. Furthermore, users can personalize their experience through advanced investing capabilities....

December 15, 2022 · 1 min · 166 words · Rosalie Lamoreaux

Bitcoin Likely To Correct To 6 000 Amid Extended Crypto Winter Warns Finance Expert

According to Grummes, Bitcoin could likely find a support level at the $10,000 mark before potentially correcting to around $6,000 while noting that due to volatility, the flagship cryptocurrency might experience minor upward price movements during an interview with Kitco News on October 11. The finance professional also noted that it would take a special event for Bitcoin to exit the current bear market. Bitcoin chances of regaining $69,000 high Furthermore, Grummes expressed skepticism regarding Bitcoin’s ability to regain the all-time high of almost $69,000 despite bullish events like the 2024 halving....

December 15, 2022 · 2 min · 229 words · Ellen Davis

Bitcoin Maximalist Michael Saylor Sued By Dc Attorney General For Tax Fraud

In a series of tweets posted on August 31, Recine, who described Saylor as a ‘billionaire tech executive’, noted that for over a decade while living in DC, he has not remitted any taxes. At the same time, the state is suing MicroStrategy over the allegation of helping Saylor evade taxes which the AG claimed are running into hundreds of millions of dollars. In the statement, Recine added that the lawsuit resulted from whistleblowers leveraging the recently passed False Claims Act....

December 15, 2022 · 2 min · 232 words · Sam Nishimura

Bitcoin Open Interest Hits Over 500 Million Despite Dip Below 7K

Before the sharp rise, the open interest was just over $450 million. The open interest has risen by 100% since the year began and the new level is the highest so far in the month of April. Bitcoin open interest is the value of outstanding Bitcoin futures contracts that have not been settled yet. An increase in this value signifies an increasing flow of money into the asset while a decrease means money flowing out....

December 15, 2022 · 3 min · 448 words · Joseph Young

Bitcoin S Short Term Technicals Indicate A Buy As Crypto Market Adds 70 Billion In A Day

In spite of this, Bitcoin has managed to surge as much as 9% in the last 24 hours as BTC currently trades at $21,034; the flagship digital asset now has a total market worth of $402 billion, according to data retrieved by CoinMarketCap. With the U.S. Dollar Index (DXY) falling lower, BTC is showing strength, with Bitcoin gauges on TradingView pointing towards a ‘Buy’ signal on both oscillators and summary....

December 15, 2022 · 2 min · 324 words · John Chandler

Bitcoin Themed Pub Opens In New York City

As it happens, a Bitcoin (BTC) themed pub named PubKey has opened in Manhattan’s Greenwich Village, where crypto enthusiasts can gather to enjoy drinks and food prepared by a three-star Michelin-trained chef, Bloomberg’s Muyao Shen and Vildana Hajric reported on December 27. The pub was opened by Thomas Pacchia, a former blockchain incubator director at Fidelity, the top global investment company, which in October announced plans to offer institutional users access to Ethereum (ETH) transactions through its digital assets subsidiary....

December 15, 2022 · 2 min · 246 words · Karla Pezzuti

Bitcoin Volatility Is Approaching All Time Lows Is Btc Primed For A Breakout

In particular, as of October 21, Bitcoin volatility was almost at an all-time low after weeks of price stabilization in the current range, data by crypto trader Livercoin indicates. According to the trader, before the current levels, Bitcoin had hit a two-year volatility low. Notably, low volatility emerged, with Bitcoin correcting from an all-time high by almost 70%, with the asset being battered by the prevailing macroeconomic factors characterized by high inflation and interest rate hikes....

December 15, 2022 · 2 min · 318 words · Veronica Andrews