Prominent Us Real Estate Firm To Accept Bitcoin For Its Nyc Properties Finbold

More than 9,000 square feet of retail space is available at 385 First Avenue, commonly known as CODA. M&T Bank, Mighty Pita, and ProHEALTH Urgent Care are all presently using the property. According to the developer, buyers would be able to access instant cash flow because the units are entirely built out and currently earning money. Managing partner of Magnum, the New York-based real estate firm with a $4 billion portfolio, Ben Shaol stated:...

December 10, 2022 · 2 min · 301 words · Jesse Liefer

Rbi Expresses Concerns About Digital Assets Despite Earlier Openness Towards Bitcoin

The institution’s governor, Shaktikanta Das, said on Thursday the concerns had been shared with the government while maintaining both parties are committed to enhancing financial stability. Even as the government prepares to issue a final decision on the concerns, Das noted that the central bank and the Finance Ministry have a similar stance on cryptocurrencies. India exploring CBDC idea Das added that the institution is still exploring a Central Bank Digital Currency (CBDC) idea....

December 10, 2022 · 1 min · 189 words · Kenneth Nichols

Realtor Dismisses Bitcoin As A Hedge Asset Says Crypto Carnage Is Good For Property

Residential Director at London agency JOHNS&CO. Clynton Nel opined that the volatility in other markets shows that real estate investments remain a solid investment option in an opinion article published in The Negotiator on June 17. Nel noted that aside from the fact that the real estate sector had its busiest rental period on record only last month, its rebound from the pandemic is noteworthy. Contrarily, he pointed out that Bitcoin dropped to an 18-month low last month while Ethereum, the second biggest token in terms of market cap, lost a third of its value after the crash in the crypto market....

December 10, 2022 · 2 min · 253 words · Paul Cloer

Realty Income Increases Commercial Paper Program By 500M What It Means For O Stock

The notes will be sold under customary terms in the United States commercial paper note market, and proceeds will be used for general corporate purposes. For the repayment of the notes issued under the program, the company expects to use its $4.25 billion revolving credit facility as a liquidity backstop. Furthermore, Realty Income declared a $0.2475/share dividend, with a forward yield of 4.28%, making it the 625th consecutive monthly dividend....

December 10, 2022 · 2 min · 284 words · Michael Richardson

Robinhood Says Dogecoin Doge Poses Risks To Its Business Finbold

In its S-1 securities registration form for initial public offering (IPO) filed with the Securities and Exchange Commission (SEC) on Thursday, the company said that a significant portion of its revenue in the first quarter of 2021 is due to high demand in Dogecoin transactions. The zero-commission trading app currently supports the buying and selling of seven crypto assets, including Bitcoin (BTC) and Ethereum (ETH). Still, the document shows that 34% percent of the company’s cryptocurrency transaction-based revenue was generated by the Shiba Inu themed crypto asset....

December 10, 2022 · 2 min · 260 words · Richard Rice

Scammers Loot Over 100 Million From Pakistani Investors Via Fake Binance Themed Apps Finbold

Indeed, the Sindh FIA Cyber Crime unit questioned a representative of the global cryptocurrency exchange Binance on Thursday, January 6, in connection with a scheme that is claimed to have duped Pakistanis of $100 million (approximately Rs17.5 billion), Pakistan Today reports. Notably, people from all around Pakistan began contacting FIA Cyber Crime Sindh via social media on December 20, as per a press statement from the agency. The victims revealed at least 11 mobile apps, including MCX, HFC, HTFOX, FXCOPY, Okimini, BB001, AVG86C, BX66, UG, TASKTOK, and 91fp, had ceased operating....

December 10, 2022 · 2 min · 284 words · Scott Gleason

Shiba Inu Price Prediction Can Shib Reignite Price Surge

SHIB continues to record an increased number of holders on the platform, with a Finbold report indicating that the token added at least 100,000 unique addresses in 2022 alone. By factoring in the network development and the general crypto market trajectory, how does it affect Shiba Inu’s price outlook for the future? Shiba Inu’s price trajectory has significantly depended on market conditions. In the meantime, SHIB’s price continues to exhibit sideways movements, with the asset trading at $0....

December 10, 2022 · 3 min · 575 words · Rachel Huffman

Square Stock Sq Extends Momentum Despite Lofty Valuations Finbold

The shares of fintech company hit an all-time high of $167 after reports suggested that Cash App volume grew sharply in August despite easing social distancing policies. YipitData shows that Cash App volumes jumped above 150% in early August compared to the past year period. Its second-quarter revenue came in at $1.92 billion, up sharply from last year’s revenue of $1.17 billion, and exceeding analysts’ estimates for $1.13B. Despite robust financial performance and strong volumes in August, Square stock price has limited upside potential in the days to come....

December 10, 2022 · 1 min · 188 words · Steven Gonzalez

Stock Markets Resume Selloff Ending A Red Week Finbold

Stock markets in the U.S. slumped on a turbulent Thursday as falling tech giants dragged on the major indexes. Futures have been creeping up towards the end of the week but the overall trend on markets has been down. The Dow Jones Industrial Average has dropped over 400 points, or 1.5% in a fall back to 27,534, while the Nasdaq Composite dropped 2% in a fall below 11,000. The S&P 500 meanwhile lost a similar amount in a decline to 3350 points....

December 10, 2022 · 2 min · 299 words · Perry Mcclendon

Study 4 Out Of 5 Experienced Crypto Traders Are Making Money In The Market

On behalf of CloseCross, independent research company PureProfile interviewed 100 cryptocurrency investors who trade at least $5,000 a month across the UK, US, Canada, France, Germany, and India in September 2021 using an online methodology. The study among crypto traders across six major economies who stake at least $5,000 a month, found 83% say they make money on their trading with 28% saying they have made a lot of money....

December 10, 2022 · 2 min · 247 words · Mary Cuningham

Swiss Firms In China Losing Confidence In Business Success Study Shows

Additionally, the sentiment surrounding China seems to be souring as well, in part due to the housing crisis that has been rocking the nation but also due to the economic slowdown partially caused by their zero-Covid policy. Meanwhile, a survey undertaken by Swiss businesses in China indicated the speed at which business confidence dropped from the highest ever in the first six months of 2022 to now the lowest. A drop from 7....

December 10, 2022 · 2 min · 318 words · Michael Parsons

Tether Dominates Centralized Exchange Stablecoin Trade Volumes Despite Market Cap Decline

As it happens, Tether’s share of trading volumes in centralized exchange (CEX) markets remains the highest among all stablecoins, according to the most recent data published by crypto analytics platform CoinMetrics on October 18. Stablecoin trading volumes Specifically, USDT currently takes up around 70% of all trading volume reported by exchanges, despite this share being smaller than at the year’s turn. Binance USD (BUSD) occupies second place and is seeing an increase in spot volume share thanks to being used more frequently as a quote asset on Binance....

December 10, 2022 · 2 min · 306 words · Maureen Stooks

Tezos Smart Contract Addresses Triple In A Year Surpassing 600 Finbold

According to CoinMetrics’ latest ‘State of the Network’ issue published on February 1, 2022, between January 2021 and January 2022, the number of Tezos smart contracts has tripled from about 200 to above 600. The spike in smart contract addresses points to constant activity within the Tezos ecosystem potentially driven by the soaring non-fungible tokens (NFTs) activity and support for blockchain gaming. The growth has also reflected on Tezos active addresses that have soared to surpass the 45,000 mark as of January 2022....

December 10, 2022 · 2 min · 384 words · Tracy Montoya

Two Dividend Etfs To Weather A Recession

In 2022 numerous risks reared their head, such as the war in Ukraine, renewed lockdowns in China, which stressed the already frail supply chains, rising inflation, and aggressive Federal Reserve (Fed). All of these developments led to the S&P 500 dropping over 20% and entering bear territory. Following these developments, Finbold identified two dividend ETFs, which could help investors weather a possible recession. Legg Mason Low Volatility High Dividend ETF (NASDAQ: LVHD) On the whole, in a bear market, investors usually seek out low-volatility assets; this approach is what LVHD is all about....

December 10, 2022 · 3 min · 504 words · Michelle Creek

U S 2Nd Largest Electric Power Company Reportedly Explores Bitcoin Mining

While appearing on the Bitcoin, Energy, and the Environment podcast by Troy Cross on June 26, the company’s Lead Rates and Regulatory Strategy Analyst Justin Orkney confirmed the ongoing research into Bitcoin mining, noting that the results will explore how to onboard miners on the grid before rolling out to the masses. Before publishing the final report, Orkney stated that the company would leverage its micro-grid supplied with different energy sources to conduct test runs involving several levels of miners....

December 10, 2022 · 2 min · 288 words · Jerry Barnes

U S Nft Trademarks Applications Skyrocketed 400X In 2021 With 15 Registrations Daily In 2022

According to data acquired by Finbold, in 2021, NFT related trademarks in the United States stood at 1,263, representing a 421 fold growth from the 2020’s three filings. In 2021, the highest trademark filing was recorded in December at 407, while January had zero trademarks. In general, the filing accelerated over the last six months, surging 552.17% between August 2021 and January 2022. Notably, the United States Patent and Trademark Office (USPTO) received the highest ever filings in January at 450....

December 10, 2022 · 3 min · 528 words · Cheryl Workman

Uae Prime Minister Founded Healthcare Charity Becomes First To Greenlight Crypto Donations

As more individuals, governments, and organizations begin to understand the advantages of this approach, a healthcare charity in the United Arab Emirates has decided to start accepting donations in crypto, according to a report by the ARN News Centre on June 3. With this decision, the Dubai-based Al Jalila Foundation, the charity founded by Mohamed Bin Rashid Al Maktoum, the prime minister of the UAE has become the first charity of its kind to open its donation channels to crypto, such as Bitcoin (BTC)....

December 10, 2022 · 2 min · 294 words · Dorothy Gregory

Uk Elects Crypto Friendly Liz Truss As New Prime Minister

It is quite possible that Ms. Truss’s response to the cost of living crisis, which she vowed to implement within days of assuming office, will define both her premiership and her prospects of earning a mandate of her own at the subsequent general election. Interestingly, those in the cryptocurrency space are interested in how Britain’s new prime minister will deal with cryptocurrencies. In 2018 she tweeted that ‘we need to accept cryptocurrencies’ in a manner that does not limit their potential and liberate free enterprise by eliminating rules that hinder prosperity....

December 10, 2022 · 2 min · 342 words · Lisa Barrows

Us China Tensions Rattle Stock Markets Commodities Remain Flat Finbold

Dow Jones Industrial Average futures dropped 0.4% while S&P 500 and Nasdaq 100 futures also posted slight losses as President Trump prepares a press conference for Friday. Stock markets have been posting gains this week as the S&P 500 topped 3,000 points for the first time since the mid-March COVID crash. Some of that progress was eroded on Thursday, however, as traders took profits ahead of Friday’s conference. The overall economic outlook is still grim with weekly government data pushing COVID-19-driven unemployment claims to over 40 million according to CNBC....

December 10, 2022 · 2 min · 404 words · Cathy Bowie

Us Government Bonds Climb To New Highs Putting Pressure On Equities

Meanwhile, surging inflation and quickly rising rates are now pushing yields up, and the 2019 and 2020 situation has completely reversed. US Government bonds are now marching to new highs, and as equities are already lower for the year, another downward leg could be in store. The 10-year yield on US government bonds is converging on new highs, while the RSI is in an uptrend, and the MACD indicator made a bearish crossover....

December 10, 2022 · 2 min · 302 words · Kelvin Johnson