In particular, over the course of the month, Bitcoin increased in value by 17%, its highest monthly performance since October 2021, according to a CryptoRank Platform tweet on August 1. The climb, which saw the best monthly performance in 10 months, indicates that BTC is starting a new month on a positive footing after maintaining its crucial levels. However, BTC’s current price behavior makes it difficult to anticipate what will happen in the near future, since it appears to be participating in a short-lived bear market bounce....

Indeed, crypto trading expert Ali Martinez believes that the maiden digital asset could reach $27,000, provided it retains its crucial support level, according to his tweet and chart published on August 8. As the analyst stressed: In his words, should this support level hold, it could give Bitcoin “a good chance of advancing toward $27,000 as it faces little to no resistance ahead.” Bitcoin bull vs. crude oil bear Meanwhile, Martinez is not alone in his bullish outlook for the flagship digital asset, as Bloomberg’s senior commodities expert Mike McGlone called it “one of the best-performing assets in history” in his tweet on August 8....

Overall, the update follows the “last civil war” upgrade that was carried out in 2017. Taproot’s outstanding appeal is that it involves increased improvements to the Bitcoin code. Taproot is implemented alongside the Schnorr signatures upgrades. Consequently, it enables a much-anticipated feature called signature aggregation. Some of the benefits expected to come with the upgrade include consolidating all types of Bitcoin transaction outputs into a singular Taproot output. This capability seeks to improve privacy by making different types of transactions indistinguishable....

The aviation giant is expected to announce orders from Delta Air (NYSE: DAL) of roughly 100 Max airplanes; similarly, Lufthansa (OTCMKTS: DLAKY) might also order another around 10 large Boeing freighters. This could actually shore up the order backlog, meanwhile, the deliveries the firm announced on July 12, showed 121 jets delivered in the second quarter compared to 95 in the first quarter. Further, the 737 Max deliveries were 100 jets, up from 81 in the first quarter....

This move means that British Airways will remove all 31 of its 747-400 planes out of its 300-aircraft fleet. The removal will happen four years earlier than originally planned. A company spokesperson stated: British Airways is owned by IAG (International Airlines Group). It received its first 747-400 plane in July 1989. Today, it is the biggest operator of 747-400s globally. The IAG shares (LSE: IAG) fell by about 3% during the early morning London trading at 10....

The price of Dogecoin (DOGE) has been volatile over the past few weeks, impacted by the broader cryptocurrency market sentiment; hence, given the turbulence, investors and traders alike are speculating on whether or not the meme tokens value can rise to the $0.1 level by August 31, 2022. Interestingly, the community at CoinMarketCap has made predictions that the meme token will have a bullish month but will fall just shy of the $0....

Over the period, Cardano recorded $18.24 billion in transaction volume to rank in the second spot behind Bitcoin, ​​according to data provided by Cardano Daily. The number one-ranked cryptocurrency recorded a volume of $21.67 billion. Interestingly, Cardano’s volume was double compared to third-placed Ethereum’s $9.31 billion. Bitcoin Cash ranks fourth at $4.5 billion, with Litecoin emerging fifth at $3.4 billion. Impact of Cardano network development The transaction volume data comes after Cardano underwent a smart contract upgrade enabling developers to create apps with advanced capabilities on the blockchain....

In particular, data acquired by Finbold indicates that global Google searches for the word ‘ChatGPT’ have spiked to hit a popularity score of 92 as of January 13. The score peaked at 100 for the week ending January 11. Notably, the term recorded a score of less than 1 as of November 30, 2022, when the tool was launched. Regarding regional breakdown, China ranks top with a peak score of 100 as of January 13, followed by Nepal at 35, while Norway is third with a score of 28....

In an updated publication by the China Netcasting Services Association (CNSA), the country has banned sharing videos promoting digital assets such as Bitcoin. The guidelines under the “Online Short Video Content Review Standard Rules (2021)” states that users should not share visual content promoting public participation in digital currencies, mining, trading, and speculation, Bitcoin.com reports. The ban will apply to platforms including Douyin, Bytedance’s Chinese version of TikTok, Kuaishou, messaging apps, and microblogging platforms like WeChat....

In a statement published on August 28, CME noted that futures would enable global institutional investors to get exposure to digital assets while hedging exposure. According to CME, the Bitcoin Euro construct will be scaled at 5 BTC while Ether Euro has been sized at 50 Ether per contract. Investors can settle the contracts in cash guided by the CME CF Bitcoin-Euro Reference Rate and CME CF Ether-Euro Reference Rate....

Introduction Recognized cryptocurrency broker and exchange Coinbase first debuted over a decade ago. At the time, there was little competition. The most significant player back then was the infamous MtGox Bitcoin exchange. Market participants were few and far between. There were a handful of platforms on which to buy Bitcoin or other cryptocurrencies. Today, Coinbase is thriving. As of December 2021, the platform stores 12% of the world’s crypto. Moreover, it serves more than 56 million verified users worldwide and is expected to reach over 70 million verified users by the end of 2021, according to Finbold analysts....

In a recent interview with Finbold, automated crypto trading platform Coinrule.com founders Gabriele Musella and Oleg Giberstein talked about how the pandemic has inspired more people to look out for financial opportunities. The proprietors also delved into specific user groups that explored financial opportunities. Giberstein, who is also the Coinrule COO, shared his view on how Bitcoin and Gold will co-exist in the future and which asset will have more value....

The poll carried out by deVere Group, one of the world’s largest independent financial advisory and fintech organizations, asked more than 700 clients ‘What is your biggest investment worry for the rest of 2020?’ A contested U.S. election was the number one (72%); the impact of a Covid-19 second wave (18%) and the U.S.-China trade war (5%). The remaining 5% was made up of other geopolitical issues, including Brexit. 735 people resident in the UK, North America, Europe, Asia, Africa, Latin America and Australasia took part in the poll....

Dr. Ezekiel Emanuel said on February 26 that the President’s briefing on the virus was incoherent. Hence, it is evident that he knows little about the problems facing public health. Trump said that Vice President Mike Pence would lead the response team to tackle the outbreak. Notably, Pence is criticized for an anti-science opinion on issues like an HIV outbreak in Indiana. The President is unaware of the threat The President insisted that the risk to Americans is ‘very low’, and the country is ‘ready’ to respond....

The cryptocurrency market is again showing signs of recovery, with most of its assets trading in the green – both in their daily and weekly charts – including one of its largest tokens – Ethereum (ETH), leading the crypto community to predict its further improvement by the end of October. As it happens, the community votes at CoinMarketCap have projected that Ethereum’s token would trade at a median price of $1,578 on October 31, 2022, according to the latest data retrieved using the platform’s ‘Price Estimates’ tool on September 27....

Bitcoin, after rising back above a value of $43,000 early Thursday, March 24, is now changing hands at $43,014, up ​​2.21% in the last 24 hours and 5.31% across the previous seven days, according to CoinMarketCap data. After breaking above the $40,000 barrier last week, bitcoin has since consolidated its gains and is currently trading at the top of the $34,000-$44,000 range that it has been trading within since the beginning of the year....

As things stand, the global crypto market cap is currently $931.63 billion, recording an increase of 1.23% over the week but a decrease of 4.46% compared to one month before, as per data retrieved by Finbold from CoinMarketCap on October 18. Considering the market’s volatility prior to June 2022, these changes are unimpressive, although crypto trading expert Michaël van de Poppe observed that open interest was still “going through the roof,” which leads to “lots of people eagerly shorting the markets....

In particular, Bitcoin appears unable to extend the gains above $20,000, a factor that has resulted in fears the flagship cryptocurrency could retest the level. Elsewhere, second-ranked Ethereum has established a bullish sentiment, especially after announcing the Merge update, an element that appeared to bring hope and confidence to crypto markets. Despite the uncertainty in price movement, the global crypto market capitalisation is hovering above $1 trillion. As of August 5, the market cap stood at $1....

Ripple has had a tumultuous few months during its legal battle with the U.S. financial regulators. Charges were brought against the company in December when the SEC accused it of an unlicensed securities sale for XRP. In the weeks that followed, XRP prices slumped over 70%, bottoming out below $0.20 by the end of December. Several crypto exchanges delisted the token for fear of a regulatory clampdown, and even institutional fund Grayscale disbanded its XRP trust....

Specifically, the Cardano community is projecting a possible rise in the token’s value, especially with the upcoming Vasil hard fork. In this line, NeuralProphet’s PyTorch-based price prediction algorithm that deploys an open-source machine learning framework has predicted that ADA would trade at $2.26 by August 31, 2022. Although the prediction model covers the time period from July 31st to December 31st, 2022, and it is not an accurate indicator of future prices, its predictions have historically proven to be relatively accurate up until the abrupt market collapse of the algorithm-based stablecoin project TerraUSD (UST)....