Senior Market Strategist Says Bitcoin Is Proving Its Value Despite Facing Rate Hike Headwinds

Mike McGlone, a senior commodities analyst, has argued that long risk assets may be battling against the Federal Reserve (Fed). The commodities expert points out that Bitcoin may be the most risky investments among those available, facing headwinds as predictions of a rate-hike mount. However, McGlone also acknowledged “Bitcoin is proving its value” in a manner similar to that of 2020, when trading on the decentralized crypto network was very fluid in comparison to halts and limits in equities futures....

December 13, 2022 · 2 min · 348 words · James Eisentrout

Set Of Ten Autoglyphs Sold For A Record 731 Eth On The Nft Marketplace

NFTs and autoglyphs OpenSea announced the sale amid growing interest in NFTs – digital assets that represent unique tangible and intangible items ranging from virtual real estate to digital arts. NFTs are unique and verifiable because of their special identifiers that make them distinct and different from others in a similar set. Each of these digital collectibles (indivisible and unique crypto token) can be traced back to the original issuer thanks to the blockchain-integrated solution, so authentication does not pose the same difficulties as with physical collectibles like Pokémon cards....

December 13, 2022 · 1 min · 186 words · Danuta Dearborn

Shib Ai Sets Shiba Inu Price For Valentine S Day 2023

Although Shiba Inu didn’t make it onto the list of the top 5 most loved cryptocurrencies in 2022, Finbold has analyzed the future potential performance of SHIB in 2023 using artificial intelligence (AI) forecasts in celebration of Valentine’s Day and to investigate the possible influence of the occasion on the purchase of Shiba Inu as a gift. Notably, the machine learning algorithms at the crypto monitoring platform PricePredictions have projected the price of SHIB will trade at $0....

December 13, 2022 · 2 min · 379 words · Donna Shea

Singapore S Watchdog Slams Three Arrows Capital For Providing False Business Information

Indeed, Three Arrows Capital also found itself on the radar of the Monetary Authority of Singapore (MAS), which reprimanded it for providing false information and exceeding the assets under management (AUM) threshold allowed for a registered fund management company (RFMC), the watchdog said on June 30. Specifically, the city-state’s financial regulator stated that 3AC had obtained its RFMC status in August 2013, “which allowed it to carry on fund management business with no more than 30 qualified investors and manage assets of no more than S$250 million” or $180 million USD....

December 13, 2022 · 2 min · 261 words · Richard Mcknight

Someone Paid Over 500 000 For Doge Username On Telegram

Indeed, the username @doge was sold on November 9 for 350,000 Toncoin (TON), which roughly equals to $546,000, making it the eighth most expensive Telegram username ever sold on the auction platform Fragment since its foundation, according to the data retrieved on November 17. This price is higher than the one reached by the likes of @alfa, @cash, @amazon, @adidas, @gold, @armani, @dior, or @elon. Topping the list as the most expensive Telegram username is @auto, which reached the price of 900,000 TON or around $1....

December 13, 2022 · 2 min · 307 words · Ronald Jordan

Sql Inner Join

For example, a Department may be associated with many different Employees. Joining two tables effectively combines information from both tables to avoid duplication of data in either table. Employees Table Departments Table In this example, employeeID is a primary key in the table called “Employees”. You’ll notice that employeeID also exists in the “Departments” table but as a foreign key. Using SQL Join, we can combine these two tables into one when presenting the results of a query....

December 13, 2022 · 1 min · 208 words · William Gault

Tesla Motors Bull Run Could Be Looming Nearby Finbold

In the last six months, Tesla’s share price has increased over 3x. The company has managed to show profitability in 4 of the past six quarters. Its new Gigafactory in China and its Model Y launch could help them company rise further. The company’s stock has doubled YTD after starting at $430 on January 1. On Tuesday, the price jumped over 7% to reach over $858. Analysts weigh in on the stock Wall Street heavyweight Morgan Stanley recently hiked its bull case scenario for Tesla from $650 to $1,200 per share....

December 13, 2022 · 2 min · 298 words · Stephen Bennett

The Hong Kong Stock Market Jittery Due To The Wuhan Virus Outbreak Finbold

If this outbreak bites severely during Lunar New Year, the market will drop further, resulting in a ‘black debut.’ But, if the situation is contained, the stock market may rise, offering a red debut. The Hang Seng Index closed the Year of the Pig down 0.15% at 27,949. That was better than the Year of the Dog, during which it lost 10%. The anti-government protests and the US-China trade war contributed to the volatility over the year....

December 13, 2022 · 2 min · 307 words · Rebecca Kron

There Are Now Over 1 000 Doge Made Millionaires Despite Sharp Correction

Data provided by cryptocurrency data tracking platform BitInfoCharts indicates, that as of April 23, 2021, at least 1,321 dogecoin wallets each had a value of at least $1 million despite a recent 16% decline in asset’s price over the last 24 hours. The new crop of dogecoin millionaires reflects the asset’s rise alongside other cryptocurrencies like bitcoin. Notably, doge has attracted additional enthusiasm boosted by endorsements from celebrities like Tesla (NASDAQ: TSLA) founder Elon Musk who has constantly expressed support for the asset....

December 13, 2022 · 2 min · 267 words · Kenneth Mitchell

Top 2 Dividend Shares To Navigate Stock Market In H2 2022

Income dividend investors often focus on regular dividend increases over the long haul and couple it with the growth prospects a firm has for the long term to pick out the cream of the crop. Following this logic, Finbold has identified two dividend stocks to help investors navigate the second half of the volatile 2022 market. AbbVie (NYSE: ABBV) The firm maintains its leadership position in the treatment of inflammatory diseases, aiming to offset future fall in Humira sales, an antibody arthritis drug, by switching patients to other more effective drugs and focusing on the oncology portfolio of drugs....

December 13, 2022 · 3 min · 570 words · Heather Tate

Top Three Best Dividend Reits For Q4 2022

However, REITs are delivering twice the income of the broader market when analyzing the averages, indicating that there is still a solid investment case in such instruments. If the economy continues performing without massive drops, the dividends paid out by REITs, in general, should be fairly secure. Real estate owners can increase the rent during inflationary periods, possibly aiding REITs’ historically solid dividend growth track records. Following this train of thought, Finbold analyzed the REIT universe and picked the three best REITs to own in Q4 2022....

December 13, 2022 · 5 min · 907 words · Kenneth Carter

U S Century Bank Goes Public Today At A 10 Price Per Share Finbold

In a statement, the bank indicated that it will be listed on Nasdaq under the ticker symbol “USCB.” The Class A common stock will have a $10 per share price for expected net proceeds of $34 million shares. The shares are expected to start trading on July 23, 2021, with the offer set to close on July 27. Under the offering, the U.S. Century Bank has allowed the underwriters a 30-day option to buy up to an extra 600,000 shares....

December 13, 2022 · 2 min · 271 words · Cory Jackson

U S Senate Demands Legal Answers On Tether Stablecoin From Ceo By Next Month Finbold

Stablecoins, according to the President’s Working Group on Financial Markets (the PWG) latest report, threaten investor protection and market integrity. The rising usage of stablecoins and their relevance in digital asset transactions highlights the need to better understand Tether’s fundamental functioning and limits. Sherrod Brown highlighted that the market value of stablecoins produced by the major stablecoin issuers hit $127 billion in October 2021, a nearly 500% increase over the preceding year....

December 13, 2022 · 3 min · 447 words · Linda Gutknecht

U S Virginia Senate Unanimously Passes Historic Crypto Banking Bill Finbold

Legislators anticipate that Republican Governor Glenn Youngkin will sign the bill within seven days when it comes to his desk. In general, H.B. 263 “permits banks in the Commonwealth to provide virtual currency custody services so long as the bank has adequate protocols in place to effectively manage the associated risks.” The bill’s proponent, delegate Chris Head, who is also a contender for the state Senate, said that reading about how Texas was addressing regulation and who is permitted to hold the keys to one’s cryptocurrency purse, inspired him to introduce the legislation, according to a Fox News Digital report....

December 13, 2022 · 1 min · 207 words · Emily Giles

Uk Tax Legislation Allows Crypto Investors To Bank Losses To Reduce Tax Bill

Crypto assets are not subject to the same level of oversight by HM Revenue, and Customs (HMRC) in the United Kingdom as fiat currency, since HMRC does not differentiate between cryptocurrencies like Bitcoin and other assets like stocks and shares. Many investors are worried as a result of the recent decline in the market, but according to a regulation implemented by HMRC, many can make plans for the future and lower their tax burden to prevent losing even more money, according to a report published on May 16 in the Express....

December 13, 2022 · 2 min · 241 words · Scott Quinn

Vingroup Eyes Thai Bonds As Funding Options Dwindle Finbold

Issuing a Thai debt comes with financial risks for Vingroup since the currency is projected to appreciate further this year. The company is currently restructuring, aiming to focus on manufacturing and technology investments. The move may inflate debt service costs for the presently indebted company with the baht set to appreciate backed by the kingdom’s steady current-account surplus. Details of issuance are yet to be determined even after Thailand’s Ministry of Finance approved the group to issue debentures until the end of September....

December 13, 2022 · 3 min · 436 words · Garry Keeton

Wall Street Banks On A Hunt For Tech Staff Laid Off During Crypto Rout

In fact, Wall Street banks seem to be scrambling to hire the discarded technology workers, including those that were among 1,100 staff let go by the largest U.S. crypto exchange Coinbase, Bloomberg’s Aisha S Gani, William Shaw, and Anna Irrera reported on September 16. Open positions for crypto talent Among the banking giants advertising for crypto-related positions is Goldman Sachs (NYSE: GS), which is scouting for a vice president to work as a digital assets software engineer, a vice president for its digital assets legal group, as well as an associate for digital assets in consumer wealth management and private wealth management....

December 13, 2022 · 2 min · 274 words · Manuel Black

Want To Mine Bitcoin Using Solar Panels Here S How Many You Ll Need

With this in mind, crypto YouTuber Drew Vosk has looked into a more ecologically acceptable way to produce electricity for Bitcoin mining – solar panels – and has analyzed the numbers in a video published on his channel on January 18. Crunching the numbers The basic formula to calculate how many solar panels are needed for a mining rig includes taking one’s monthly electric usage, dividing it by monthly peak sun hours, and multiplying the result by 1,000....

December 13, 2022 · 3 min · 541 words · Katherine Orizabal

Wells Fargo And Hsbc To Use Blockchain In Settling Forex Transactions Finbold

In a press statement, the two entities indicated that they will deploy the blockchain-based solution that uses a shared settlement ledger to process US dollar, Canadian dollar, British pound sterling, and Euro transactions. The banks added that they have an elaborate plan to incorporate other currencies in the future alongside introducing a central Financial Market Infrastructure (FMI) provider to administer the platform’s rulebook. According to the financial institutions, the product seeks to utilize blockchain technology’s advantages, such as real-time transparency....

December 13, 2022 · 2 min · 245 words · John Ross

What Does Idek Mean On Snapchat

In some instances, an acronym could mean one thing on Snapchat but be different on Instagram or Facebook. One of the simplest abbreviations Snapchat users use is ‘IDEK.’ Let us dive into the acronym to know when and how to use it on Snapchat. What Is ‘IDEK’? ‘IDEK’ is an abbreviation for “I don’t even know.” For instance, a Snapchat user will reply to you with ‘IDEK’ when they don’t have an answer to your question....

December 13, 2022 · 3 min · 601 words · Steven Severtson