Bernard, who requested to be known only by his English first name due to the legal gray area surrounding crypto trading in China, carried out a quick search for the coin on Google to determine whether it was genuine or not. However, before reading all the stories around the cryptocurrency, many of which warned about the project’s legitimacy, Bernard made the decision to deposit his whole life savings of $28,000 into SQUID....

When the S&P 500 touches new lows, the VIX often climbs to new highs, and market participants following technical signals often look to VIX to determine where the markets could be heading. While it is difficult to find correlations to past performances in the stock market, the founder of Mott Capital, Michael J. Kramer, shared a chart on Twitter on October 13, showing a strong correlation between the VIX of 2008 and today’s VIX....

New research shows that 39% of American investors are buying even more crypto, as they look into new ways to invest and preserve their wealth as the unfolding financial situation becomes more unclear, according to a survey by The Balance published on August 4. Other investment choices That said, 41% of survey participants said they invest more in stocks under the effect of the market uncertainty, whereas about a third of them are investing more in both exchange-traded funds (ETFs) and index funds, respectively....

Furthermore, the number of investor resolutions was a record for the company, as socially-minded investors examine the way workers are being treated. Meanwhile, this all comes when the company’s shares haven’t been performing all that well, losing over 31% year-to-date (YTD), and analysts are taking a knife to the stock for the first time in a long while. AMZN technical levels In May, AMZN shares lost over 5%, crossing over the 20-day Simple Moving Average in the most recent trading session....

According to our findings, interest in Forex hit the peak with a popularity score of 100 in May this year. During a similar period last year, the score stood at 43. The spike in searches related to Forex was notable from January this year. Between January and May 2020, the interest significantly grew by 72.41% during the first five months of this year. January and February recorded a popularity score of 56 and 57 respectively before rising to 74 in March, and 88 by April....

The group made the declaration through Twitter and revealed that it had taken down several Russian government websites. Among the prominent websites affected include state-backed news platform Russia Today, accessible through the RT.com domain. RT.com has since confirmed that the attack took place for an extended period. According to Anonymous, the Russian government uses the targeted websites to spread propaganda amid the ongoing war. By press, the Isitdownrightnow.com tool indicated that RT....

The shares of the largest tech company are likely to face tough second-quarter results as smartphone sales volume dropped 25% year over year in the second quarter, according to new Counterpoint Research data. They also predict that iPhone sales declined 23% during the second quarter but iPhone SE volumes grew sharply during the quarter. The research firm claims that sales volume for the SE remained strong from both postpaid and prepaid channels....

In particular, Binance will be allowed to provide limited exchange goods and services to pre-qualified investors and professional financial service providers under the Virtual Asset Regulatory Authority’s (VARA) first regulatory phase, according to a report by PRNewswire. In order to present the retail market to all licensed VARA service providers, a gradual process of monitoring will begin. Binance will establish a blockchain technology center at Dubai’s World Trade Center in addition to its exchange operations, in an effort to develop new talent....

Bitcoin’s price is trading below $39,000 on Tuesday, March 15, as investors await the results of the Federal Open Market Committee’s two-day meeting, which concludes on Wednesday. For the previous week, the cryptocurrency has been stabilizing between the $37,000 to $42,000 region, according to CoinMarketCap data. The flagship digital currency is currently changing hands at $38,634, down 1.24% in the last 24 hours and 0.56% across the previous week, with a total market worth of $733 billion....

Specifically, the Bitcoin mining difficulty as of October 10 was 35.61 trillion, which is not only its new all-time high, but also the sharpest increase since May 13, 2021 (+13.55%), despite the price of Bitcoin growing only 0.49% in the past seven days, according to BTC.com data. As a reminder, Bitcoin mining difficulty on May 13, 2021, grew by 21.53%, to 25.05 trillion. It is also worth noting that network difficulty measures how difficult it is to mine a Bitcoin block, with high difficulty meaning it takes more computing power to mine the same number of blocks and make the network secure....

In celebration of Valentine’s Day, and to explore the potential impact of the holiday on the purchasing of Bitcoin as gifts, Finbold has analyzed the future performance of Bitcoin in 2023 using AI predictions, as well as a retrospective examination of Bitcoin’s past performance on Valentine’s Day to determine any correlation. In particular, the machine learning algorithms over at the crypto monitoring platform PricePredictions have projected the price of Bitcoin to stand at $23,868 on February 14, 2023, according to the data retrieved on January 24....

Specifically, a technical analysis (TA) indicator is displaying a descending triangle pattern similar to the one Bitcoin exhibited during the bear market crash of 2018, as observed by crypto sunmoon, an analyst at the crypto analytics platform CryptoQuant on October 19. To drive the point home, the analyst posted a chart that shows these similarities, adding that there were a couple of participating factors to take into account when observing such a behavior: Furthermore, should the present descending triangle pattern of Bitcoin’s movements continue, in addition to deviating from the support, the analyst predicts that:...

According to Szabo’s tweet, there is a graph showing Bitcoin towering over Oil, Gold, Bonds, US Real Estate, US Stocks, and emerging currencies. The flagship token did much better than all these investments in terms of risk-adjusted returns using the Sharpe Ratio. From the graph, it is evident that although Bitcoin is highly volatile with a higher risk, it performs better than the traditionally safer assets like Real Estate and Gold....

Meanwhile, the Bitcoin-adjusted SOPR chart (Spent Output Profit Ratio) is indicating that market participants are cashing out during bear market rallies to find a better entry position according to Glassnode data culminating at the end of August. Fear in the broader markets stoked by inflationary worries and the Federal Reserve’s (Fed) aggressive posturing is leading to more forceful selling. Notably, BTC seasonality is indicating towards a negative September, although this has been followed by a historically green October, so far in September BTC is already down by 5%....

Indeed, Bitcoin hasn’t moved out of the $16,600 – $16,900 range since December 16, in a sideways trading pattern that followed a dramatic decline after the collapse of FTX, once one of the largest crypto exchanges in the world, as noted by crypto analyst IncomeSharks on December 25. As it happens, the FTX crash had added more pressure on the BTC price, which was seen declining since its 2022 high of $47,905 recorded on March 28 and still struggles to make any significant movement in any direction in what the analyst referred to as “do nothing December....

This is because it is one of the most straightforward investment strategies. DCA entails investing the same amount of money in the same way consistently, whether weekly, monthly, or whenever, is most convenient for the investor, as long as they keep up the same amount. According to data acquired by Finbold, investors who made the identical Bitcoin purchase every month starting from January 2017 until now have seen their assets grow in value by 1,043....

As per the Gaceta Oficial, No. 43, published on Tuesday, April 26, which contains the Central Bank of Cuba resolution, anybody wishing to offer virtual-asset-related services must first get a license from the BCC. Finbold first reported in August 2021 that according to Resolution 215 published by the state-run Gaceta Oficial, the country’s central bank was set to roll out new rules on how to deal with crypto assets. That move meant that commercial providers of related services were required to secure a license to operate from the central bank....

Among the leading impacted challenger banks is United Kingdom’s Monzo whose app downloads declined by -36.12%. Last month the bank only registered 148,608 downloads, a drop from February’s 232,639. During a similar period last year, the bank was on a growth trajectory in terms of app downloads registering a percentage increase of 27.68% between February (123,317) and March (157,463) 2019. On the other hand, Revolut saw a drop of -18....

Yin Youping, the deputy director of the Financial Consumer Rights Protection Bureau of the People’s Bank of China (PBoC) said during a media briefing that these digital coins are purely speculative assets, according to local news outlet People’s Daily Online. Public advised staying away from the crypto markets The official also advised the public to stay away from the crypto market to avoid financial losses. Youping said that in anticipation of a potential rebound in virtual currency trading operations, the central bank, along with relevant departments, will monitor overseas exchange and domestic traders....

The developer who owes over $300 billion and is at risk of defaulting made this announcement on Monday, January 3, according to a Reuters report quoting Chinese media. In the midst of a financial crisis, Evergrande, the world’s most indebted developer, is scrambling to repay more than $300 billion in creditors, including over $20 billion in foreign market bonds that were classified in cross-default by rating agencies last month after it missed payments....