50 Of Gig Workers Prefer Portion Of Salary Payment In Crypto Study Reveals

Indeed, 38% of gig workers could consider earning in crypto while half of those surveyed, 50%, are comfortable with earning a portion of their pay in digital assets, according to the study published by digital asset management firm Bakkt on July 27. Furthermore, the survey conducted between mid-June and early July also indicates that 20% of the workers have already earned in crypto, while overall, 34% of respondents stated that they would be open to getting their pay in crypto....

December 13, 2022 · 2 min · 288 words · Ashley Cadwallader

Analysts Tip Amazon As A Top Stock For 2022 With Over 20 Upside Finbold

AMZN is a part of the Internet & Direct Marketing Retail sector, which includes 81 other stocks, and although it outperforms 85% of them, it fell on Wednesday, closing at $3384 -$29.20 (0.86%). The company has been trading within a relatively broad range of $3303.90 – $3559.88 during the past month. It is now trading amid this range, where prices have been stabilizing lately; this might be an opportunity for an entry point, although some resistance may exist above....

December 13, 2022 · 2 min · 249 words · Richard Kamal

Analysts Weigh On What S Next For Bitcoin After Hitting A 2020 High

On the back of the news that payments giant PayPal would be enabling crypto payments, Bitcoin surged to a fresh yearly high of $13,200 in late trading on Wednesday, Oct. 21. This marks the highest price that the digital asset has hit since June 2019 when it topped $13,800 briefly. Bitcoin makes 14% in a week Bitcoin found resistance at this level and retreated to $12,700 before returning to top $13k again the following day....

December 13, 2022 · 2 min · 333 words · Marisa Riccelli

Apple Stock Forecast Analysts Projection For Appl After Hitting An All Time High

The iPhone maker was struck by reports that spyware from Israel-based surveillance software business NSO Group could penetrate even the latest generation of iPhones via zero-click assaults. AAPL shares dropped for the third day in a row, retreating from an all-time high of $149.98; the previous high at $145.09 serves as an intermediate support level since it coincides neatly with the 9-day moving average. If this level is broken, we might witness a pullback back to $137-135....

December 13, 2022 · 2 min · 390 words · Gary Schell

Banking Giant Citi Highlights Significance Of Merge Upgrade On Ethereum S Blockchain

The bank’s research claims that once the upgrade is initiated, it might lead to lower energy intensity, shift Ethereum to a deflationary asset and a possible road map to a more scalable future through sharding, CoinDesk reported on August 5. According to Citi, the shift to Proof-of-Stake (PoS) might also lower the general issuance of Ethereum by 4.2% a year. The research notes once Ethereum becomes a deflationary asset, the cryptocurrency will gain more prominence as a store of value....

December 13, 2022 · 2 min · 296 words · Tammy Hill

Binance Ceo We Plan To Be Licensed Everywhere To Fit Financial Institution Requirements

According to CEO Changpeng Zhao, the move seeks to help the exchange earn regulatory approval from local authorities everywhere, Reuters reports. He added that the company would be shifting from its previous decentralized model and maturing from its startup base. The development comes after Zhao announced that Binance is working towards doubling the compliance team by the end of the year. Zhao added that his aim is to improve relations with regulators as a means of improving the exchange’s operation....

December 13, 2022 · 2 min · 245 words · George Ruff

Binance Ceo Says He Wants To Help Elon Musk Bring Twitter Into Web3

Speaking with CNBC’s Squawk Box on October 31, CZ stated there are many reasons for supporting the deal, in which Binance invested $500 million into Musk’s purchase of Twitter. During the interview, the Binance CEO emphasized in his reasons for supporting the deal that Twitter is a global free speech platform with strong entrepreneurship; he also added that he also uses Twitter ‘very heavily.’ CZ also stressed that he wants to make sure that crypto has a seat at the table regarding issues of free speech, but also, the exchange can also benefit Twitter by helping it adopt crypto as a means of payment for things such as memberships....

December 13, 2022 · 2 min · 314 words · Anthony Mcnair

Bitcoin Breakout Imminent Ahead Of Key Macro Events Filled Week

Notably, both bulls and bears lack a clear advantage at the moment as they tussle for dominance when market participants are projecting that a possible rally is still in play. As things stand, Bitcoin was trading at $19,200 by press time, with slight gains of almost 2% in the last 24 hours. Notably, Bitcoin’s stabilization around the key psychological level of $20,000 has contributed to the asset’s dropping volatility. The latest gains come about 24 hours after the cryptocurrency corrected to a low of about $18,700....

December 13, 2022 · 2 min · 403 words · Ernest Barker

Bitcoin Is Gold 2 0 And Will Hit 100K This Year Nexo Founder Reiterates Finbold

Speaking with CNBC, cryptocurrency lender Nexo founder, Antoni Trenchev, revealed that there are “two simple reasons” why he believes Bitcoin’s value will have more than doubled from its present levels by the middle of the year. There are two reasons, according to Trenchev, for his bullish forecast that Bitcoin will hit $100,000 in the middle of 2022, the founder noted: Rate hike will lead to dip in equities and bond market The notion that cheap money is here to stay may be called into question by what the Federal Reserve (the Fed) is doing right now with interest rate hikes....

December 13, 2022 · 2 min · 330 words · Aaron Hubbard

Bitcoin Miners Generate 1 4 Billion In May S Revenue Despite 36 Btc Slump

Data acquired by Finbold indicates that bitcoin miners earned $1.45 billion in May, dropping only 15.01% from the April figure of $1.7 billion. The revenue dropped slightly considering bitcoin suffered a significant price correction of about 36% in May. Between March and April, the revenue slightly plunged 2.5% from $1.75 billion to $1.7 billion. Over the last three months, the highest daily bitcoin mining revenue was on April 15th at $77 million....

December 13, 2022 · 3 min · 499 words · Susan Shannon

Bitcoin Records A 2 Month Old Price Uptrend As Bulls Have Overall Near Term Advantage

However, according to the daily bar chart, the flagship digital asset’s price has been climbing for the last two months, and bulls now have the overall near-term technical edge. Indeed, Bitcoin is in a two-month-old price uptrend, and as the famous investing quote states, ‘the trend is your friend,’ whether the uptrend is the bulls’ friend, in this case, remains to be seen, but prices appear to be at least in the short term, looking likely to continue moving sideways to upward for BTC along the path of least resistance....

December 13, 2022 · 2 min · 278 words · Michael Perkins

Bitcoin S Relative Strength Index Hits An All Time Low Did Btc Just Hit The Bottom

As of June 13, Bitcoin had hit the lowest RSI at 43.7, which is almost 60% below the monthly all-time high value, data provided by crypto analyst PlanB indicates. The last record low RSI was recorded in January 2019 at 43.9 when the flagship cryptocurrency was trading at $3,4000. Another significant historical bottom was registered in January 2015 at RSI 44.6 when Bitcoin was valued at $210. Notably, the RSI metric is a momentum indicator deployed in technical analysis....

December 13, 2022 · 2 min · 399 words · Donald Ross

Bitcoin Shoots Past 51 000 Adding Over 70 Billion To Its Market Cap In 24 Hours Finbold

Prices of Bitcoin (BTC) and Ethereum (ETH) have increased each by more than 6% in the previous 24 hours, indicating that the market is becoming more optimistic. Presently, Bitcoin is trading at $51,303 up, 5.3% in the last 24 hours, and down 9.58% over the previous seven days, according to CoinMarketCap data. Whatsmore, with a market cap of over $965 billion, Bitcoin has added $72 billion to its market cap in the last 24 hours since it began its resurgence from $893 billion....

December 13, 2022 · 2 min · 373 words · Andrew Harris

Bitcoin Turns 14 Today Will 2023 Bring Upside Momentum For Btc

Indeed, over the past 14 years, Bitcoin has grown in popularity and has been widely adopted in different aspects, such as investment and means of exchange. Interestingly, the asset has exhibited resilience, thriving in both bear and bull markets, resulting in an all-time high of almost $69,000 in November 2021. Bitcoin’s resilience stands out, considering the asset has been declared dead over 450 times. Notably, the asset has faced skepticism from several quarters who believe the digital currency will likely crumble and go back to zero....

December 13, 2022 · 3 min · 449 words · Krista Maxfield

Bitpay Charged 500K As Settlement For Multiple Violations Related To Crypto Payments

In an enforcement notice published on Feb. 18, the OFAC said that BitPay will pay $507,375 as a settlement on charges that allege the Atlanta-based firm allowed persons based in North Korea, Iran, Syria, Sudan, and the Crimea region of Ukraine to transact with merchants based in the United States and elsewhere. BitPay allows merchants to accept payments in Bitcoin (BTC) and other cryptocurrencies. It handles the paperwork and facilitates transactions when customers buy goods or services using cryptocurrency....

December 13, 2022 · 2 min · 232 words · Anna Bassett

Bmw Orders 24 Billion Worth Of Batteries Amid Increasing Ev Demand Finbold

Previously, the Munich-based company had orders for 12 billion euros worth of batteries, but now has commitments for more than 20 billion euros, about $24 million, as per Chief Executive Oliver Zipse. The i4 sedans and sport utility vehicles will be equipped with the cells until 2024, when they will be used in iX SUVs and other models. Meanwhile, as early as next year, the firm aims to convert to the new type of battery....

December 13, 2022 · 3 min · 531 words · Robert Martin

Bofa Head Suggests Keep Some Dry Powder As Better Buying Opportunities Ahead

Speaking with CNBC’s Squawk Box, Jared Woodard, head of Bank of America (NYSE: BAC) head of ETF strategy, Mike Santoli, CNBC’s Senior Market Commentator, and Dana Peterson, Executive VP at the Conference Board discussed the implication of PPI numbers on the market. It seems that the proverbial ‘pig is making its way through the snake’, indicating that the high mark of inflation is reached to which Ms. Peterson commented: Meanwhile, Woodard highlighted that consumer and producer statistics this week show some very tiny peaks, but prices are still increasing....

December 13, 2022 · 2 min · 279 words · Cecile Sullivan

Btc Is Reddit S Most Mentioned Ticker Ada Ranks 3Rd While Shib Takes 7Th Spot Finbold

Indeed, in the last 24 hours, the BTC ticker has received 697 mentions, a 9.42% increase in mentions, according to cryptocurrency sentiment analysis tool Memeberg Terminal. Notably, the tool which analyzes data from crypto and stock-based subreddits to display trending coins and stocks has identified in its Reddit crypto mentions analytics that Cardano (ADA) ranks in third and meme token Shiba Inu (SHIB) is placed in seventh place. Although ADA has 202 mentions with an 8....

December 13, 2022 · 2 min · 332 words · Michelle Klauer

C Hoskinson Says He Is Tired Of Taking The Blame Over Ada S Delayed Upgrades

In this line, Cardano founder Charles Hoskinson has come out to clarify that decisions on the network are not his sole responsibility. In a series of tweets posted on August 19, Hoskinson noted that he is ‘tired of taking the blame’ for delays despite the network being decentralized. Testing on upgrades Hoskinson took issue with the controversies surrounding the Cardano Node 1.35.3, released ahead of the Vasil hard fork. According to the computer scientist, it is ‘bizarre’ for a community section to claim that the upgrade is being rushed despite numerous tests....

December 13, 2022 · 2 min · 226 words · Scott Pollitt

Cardano Founder Hits Back At Xrp Trolls Attacking Him For Views On Sec V Ripple

Indeed, Charles Hoskinson took to YouTube to directly express his disappointment and frustration over the amount of harassment he received over “a single comment,” as he told the public in a video he streamed on October 11. XRP support and connections Stressing his connections with the XRP leadership and that he was present at XRP’s every major milestone, and his long track record for being one of the few to support it, the Cardano founder said it was why “it came as a tremendous surprise, the incredible wave of criticism I received for a single comment which was taken out of context from an interview....

December 13, 2022 · 2 min · 300 words · Willie Lutz