Crypto Community With 80 Historical Accuracy Sets Ethereum Price For April 30 2022

Based on its recent climb, the CoinMarketCap crypto community, with a historical accuracy rate of 80%, is projecting that the digital currency will trade at an average of $3,769 by the end of April 2022 with 32,950 votes. The estimated price indicates a $288 (+8.29%) increase from the DeFi asset’s current value of $3,479. At the same time, the votes from 20,447 community members for the end of May have set a somewhat lower goal than April’s, estimating that ETH would trade at $3,653 +$171....

December 12, 2022 · 2 min · 337 words · Caroline Marks

Crypto Community With 80 Historical Accuracy Sets Ethereum Price For May 31 2022

Indeed, despite Ethereum’s recent drop in price, the community at CoinMarketCap is projecting that the digital currency will trade at an average of $3,634 by the end of May 2022, with 21,532 votes and an 80% historical accuracy rate. The price estimated by the community votes indicates a $770.80 (+26.92%) increase from the decentralized finance (DeFi) asset’s current value of $2,863. At the same time, the votes from 13,640 community members for the end of June have set a somewhat lower goal than May’s, estimating that ETH would trade at $3,260....

December 12, 2022 · 2 min · 307 words · John Lewis

Crypto Market Cap Sees 60 Billion Inflow In 24 Hours As Bitcoin Nears 31K

Since it hit a record high in November of last year, the whole cryptocurrency market cap has lost more than $1.5 trillion, with Bitcoin alone seeing a decrease of more than 60% over the course of the previous six months. However, today’s shift towards green for the flagship digital asset has also had an effect on the broader cryptocurrency market capitalization, which has seen an increase of over $60 billion in the last 24 hours, according to CoinMarketCap data....

December 12, 2022 · 2 min · 352 words · Kenneth Grammer

Crypto Weekend Bitcoin Prices Drop 5 000 In Market Cool Off

Bitcoin was trading at around $35,100 at the time of writing. Since hitting $40k again on January 14, the asset has been down-trending, and it has lost around $5k over the past couple of days. Saturday saw prices climb as high as $38k, but resistance there proved to be too strong, and the selling resumed, dropping prices to an intraday low of $34k on Sunday, January 17. The chart has shown a lower high, meaning that a larger correction could still be on the cards....

December 12, 2022 · 2 min · 300 words · Ruby Patton

Dappradar Launches Industry First Cross Chain Token Staking Mechanism

DappRadar noted that the industry’s first cross-chain staking mechanism aims to battle challenges like high fees while pushing towards the general goal of democratising financial inclusion, in a press statement shared with Finbold on June 30. According to DappRadar, a cross-chain staking platform will not require the use of bridge assets while allowing users to earn the same Annual Percentage Rate (APR) for the staked tokens on different blockchains. In rolling out the staking platform, DappRadar partnered with smart contract communication enabler LayerZero Protocol in launching the product....

December 12, 2022 · 2 min · 215 words · Sofia Pearson

Deloitte Acquires Data Analytics Team In A Sea Expansion Move Finbold

Terms of the investment agreement will also see the consultancy giant acquire intellectual property, a location intelligence asset. The move will enhance service delivery in location-based analysis and field-based workforce management. AccelTeam was founded in 1998. This major data analytics provider in Malaysia and the broad ASEAN market leverage vendor alliances with Splunk, Microsoft, and Tableau, among others. The company specializes in data-driven analytics, machine learning, location intelligence, in addition to enterprise data warehouse automation and converged big data platform solutions....

December 12, 2022 · 2 min · 245 words · Bernard Papageorge

Doge Founder Says 70 Of Crypto Investors Have No Clue What They Do Finbold

In a series of tweets on May 17, Markus asserted that 70% of people in crypto have “absolutely no clue” and lack an understanding of market fundamentals. Markus also pointed out that most investors fail to consider essential factors like market research before investing. DOGE founder on crypto scams Previously, the meme coin founder stated that a majority of cryptocurrency projects at 95% are nothing but “scams and garbage” with no real value to offer He observed that most genuine crypto projects are fighting credibility battles with mainstream investors due to the existence of scams....

December 12, 2022 · 2 min · 295 words · Victoria May

Elon Musk And Snl Scammers Netted Over 9 Million In Doge Within Days Report

Satnam Narang, staff research Engineer at Tenable, the Cyber Exposure company, found dozens of compromised social media accounts that peddled fake cryptocurrency scams in the lead up to SpaceX and Tesla CEO Elon Musk’s appearance on NBC’s Saturday Night Light. Narang estimates that scammers netted over $10 million between May 7-9. Narang’s analysis revealed that scammers stole over $9.4 million in Dogecoin, $609,000 Bitcoin, and at least $423,000 Ethereum....

December 12, 2022 · 2 min · 261 words · Thomas Vonderahe

Emirates Airlines Introduces The World S First Account Based Payment System

The white-label solution Emirates Pay was created in collaboration with International Air Transport Association (IATA) and Deutsche Bank in Germany, according to an announcement on the firm’s website today. Emirates Pay is now accessible to Emirates customers in Germany and the United Kingdom who purchase tickets on the airline’s website. The new payments solution meets customer demand for more secure and frictionless payment alternatives, such as account-to-account payments that do not require a card....

December 12, 2022 · 2 min · 217 words · Joshua Wright

Ethereum Eth Price Prediction For December 31 2022

Notably, the total votes cast by CoinMarketCap members using the platform’s Price Estimate feature reveal that the crypto community project that Ethereum could trade at an average price of $1,508 on December 31, 2022, according to data retrieved by Finbold on November 21. In particular, the forecast results from the 1,450 votes that had been cast on the platform as of the time of publication and indicate a predicted rise in the price of the decentralized finance (DeFi) asset by $385 or +34....

December 12, 2022 · 2 min · 413 words · Nancy Harper

Ethereum Adds 500 000 New Addresses Per Week Despite Sluggish Market

Specifically, the network has been adding around 500,000 new addresses each week, surpassing 200 million cumulative addresses, according to the data on the crypto analytics platform Dune retrieved by Finbold on June 8. Indeed, the chart above demonstrates that the total number of addresses on June 6 amounted to 207,606,780, as it has been adding an average of 500,000 new addresses weekly over the past few months. The dashboard was assembled by Dune’s data scientist Hildebert Moulié aka Hildobby....

December 12, 2022 · 2 min · 272 words · Billy Beauregard

Ethereum Could Flip Bitcoin In Three Years According To Galaxy Digital Trading Co Head

Speaking with Kitco News, Co-Head of Galaxy Digital Trading, Jason Urban, discussed his outlook on Ethereum and Bitcoin prices, as well as the progress of institutional adoption of the second-largest cryptocurrency by market cap. Analyzing what is driving the institutional demand for Ethereum, Urban discussed Goldman Sachs’ exposure to ETH via an Ethereum fund: The Galaxy Digital co-head also considered ETH 2.0 as another driving factor, moving from a proof of work universe to a proof of stake universe....

December 12, 2022 · 2 min · 306 words · Edward Griego

Experts Push For Legislation To Transform Australia S Inadequate Crypto Regulation

In a report, the Senate Committee on Australia as a Technology and Financial Center (ATFC) outlines 12 recommendations that would potentially place the country as a digital currency innovation hub if passed into law. Some of the key recommendations are calling for the rollout of new licenses for crypto exchanges, laws governing Decentralized Autonomous Organizations, a change in the capital gains tax in DeFi law, and a tax discount of 10% for crypto miners relying on renewable energy....

December 12, 2022 · 2 min · 388 words · Christine Jennings

Fantom Ftm Becomes An Official Partner To Alpha Tauri Team For The F1 2021 Season

A press statement Alpha Tauri notes that the partnership is part of popularising the Fantom platform with the firm’s logo set to appear on racing cars during the Monaco and Abu Dhabi Grands Prix. Furthermore, racing driver Pierre Gasly will continue as Fantom brand ambassador. Fantom’s appealing eco-friendly feature Alpha Tauri added that Fantom’s focus on reducing energy consumption in the blockchain ecosystem was a significant catalyst for the partnership....

December 12, 2022 · 1 min · 178 words · Micaela Mellett

Fdic Insured Bank Closes Bitcoin Collateralized 205 Million Loan To Buy More Bitcoin

The loan to the largest independent publicly-traded analytics and business intelligence company has been provided by Silvergate Bank, a subsidiary of the crypto-focused Silvergate Capital Corporation, MicroStrategy stated in a press release on March 29. Holding the largest part of MicroStrategy’s Bitcoin supply, the recently formed MacroStrategy plans to use the proceeds from this interest-only term loan to grow that supply by additional Bitcoin. Under the loan terms, the company will use the proceeds to purchase Bitcoin, pay fees, interest, and expenses involved in the loan transaction, or for MacroStrategy’s or MicroStrategy’s general corporate purposes....

December 12, 2022 · 2 min · 233 words · Harvey Beauchesne

Fidelity S Tom Jessop On Bitcoin S Adoption We Ve Reached A Tipping Point

During an interview with MarketWatch, Jessop also projected the acceleration of cryptocurrencies as a class of investments while taking center stage in the traditional finance ecosystem. He noted that the current financial environment characterized by low interest rates has contributed to bitcoin’s and other cryptocurrencies’ ongoing momentum. In his view, Jessop said that the availability of easy money brought about by stimulus packages has seen cryptocurrencies increasingly become alternative investment assets....

December 12, 2022 · 2 min · 242 words · Connie Mercado

Global Venture Funding Reached 74 5 Billion In Q3 2022 Hitting A 9 Quarter Low

These numbers indicate a 34% quarter-over-quarter (QoQ) drop, the largest quarterly drop in a decade, and a decline of 58% compared to the peak seen in Q4 2021, according to the latest CBInsights report published on October 11. Dealmaking also fell through by 10% to reach ‘only’ 7,936 deals, with US firms still dominating, accounting for 49% of all global funding or $26.7 billion across 2,866 deals in Q3 2022....

December 12, 2022 · 2 min · 299 words · Ashley Rousselle

Google Searches For Shib Price Have Fallen 92 Since October

Data compiled by Finbold reveals that the interest in the search term ‘SHIB price’ has fallen by 92% since October on Google Search, according to Google Trends figures, a website that analyzes the popularity of search queries online. Indeed, from October 27 to December 5, the keyword search ‘SHIB price’ decreased by an astounding 92%, as interest in the term ‘SHIB price’ was 100 points on October 27, the maximum conceivable search interest for the time and location specified, in comparison to only 8 points on December 5....

December 12, 2022 · 3 min · 484 words · Sandra Momeni

Head Of Germany S Financial Watchdog Says Crypto Firms Come With Freeloaders And Crooks

According to Branson, despite the sector presenting innovations, some crypto players are ‘freeloaders and crooks’ who have elevated risks associated with digital assets, he said during an interview published by European Central Bank (ECB) on November 17. Branson stated: His sentiments come as the cryptocurrency space attempts to recover from the FTX cryptocurrency exchange crisis marred by allegations of customer funds’ misappropriation by former CEO Sam Bankman-Fried. Crypto and financial stability Interestingly, despite highlighting the crypto sector risks, Branson pointed out that in the current state, digital assets do not pose a threat to financial stability....

December 12, 2022 · 1 min · 207 words · Erma Watson

Helium Price Rally Short Lived As Hnt Fails To Sustain Sharp Gains

As it happens, Helium had recorded dramatic increases during the day, at one point even leading the top 100 in daily gains as it reached the price of $2.05, a change of 20.57% on the day, before slowing down its growth and stabilizing below the $2 mark. At press time, the token was changing hands at the price of $1.96, which represents an increase of 4.32% in the past 24 hours, as well as 0....

December 12, 2022 · 2 min · 382 words · Wayne Sikes