On Monday, December 12, the JPMorgan Chase (NYSE: JPM) Institute announced the release of new data that was pulled from clients’ activities of the United States’ largest bank. In particular, the Institute, the bank’s internal think tank, investigated transactions between cryptocurrency accounts and Chase bank accounts. As of June 2022, almost 13% of all households have moved money into or out of a crypto account at least once, an increase from the 3% who had done so before the COVID outbreak....

In a press statement shared with Finbold on July 5, the company noted the initiative would be carried out in partnership with the NFT platform Go2NFT, where the team is expected to build NFT certification for their race cars with Go2NFT and blockchain platform Skey Network. Vincenzo Sospiri from VSR highlighted some key benefits of the integration of NFTs. According to Sospiri: He added: Solving IP challenge Elsewhere, Go2NFT CEO Boris Ejsymont stated that incorporating NFTs should solve challenges most brands face, especially in protecting intellectual property for their products....

Billionaire investor Stanley Druckenmiller was a guest speaker at CNBC’s Delivering Alpha Investor Summit in New York City on Wednesday, September 28, echoing the day’s worries and pointing to a troublesome future. Druckenmiller’s main thesis revolved around a ‘hard landing in 2023’ but an even more troubling future. He also added: What will happen to future generations? Druckenmiller continued painting a bleak picture where the debt the US has accumulated over the decades is so high that it will eat away at the ability to service future generations of American citizens....

XRP dropped following a lawsuit by The U.S. Securities Exchange Commission on both the founder and current Ripple CEO for raising more than $1.3 billion through an “unregistered securities offering” after selling the ‘ XRP’ token. Since the news about the lawsuit went public on December 22nd, the market capitalization has dropped by about 64% from $23 billion. Before the lawsuit announcement, XRP, like other digital currencies, has spiked in value this year as major investors and companies have continued to adopt cryptocurrencies led by Bitcoin....

Lockheed stock price is up almost 40% from March low. Its shares are currently trading around $380, down from an all-time high of $442 that it had hit early this year. Last week, Lockheed Martin has raised its quarterly dividend by 8.5% to $2.60 per share. Its competitors, on the other hand, are struggling with cash generation and slowing revenues. Boeing (NYSE: BA) has suspended its dividends due to slowing revenues and cash problems....

On April 26, LCID shares jumped 7% on the news that an additional deal was signed with the Saudi Arabian government. This deal included a commitment to purchase 50,000 vehicles with an additional 50,000 option. The automotive industry is facing challenges like supply chain issues and chip shortages with an addition of a volatile market environment. Lucid is not spared in this regard as production volumes are expected to come in at a weak pace for the first half of the year....

According to Suarez, his salary has increased since making the shift while stating the rise has emerged from taking advantage of price fluctuations, considering he earns after every two weeks, he said during an interview on CNBC’s Squawk Box show on January 19. However, he clarified that the salary increment is not a result of trading. Suarez also pointed out there is a need for patience when dealing with Bitcoin and blockchain technology due to the early stages of development....

A press statement by MineHub failed to disclose the shipment’s destination but noted that there are plans to expand the solution further in early 2022. The $30 million transactions entailed the performance of contract terms, payment notifications, digital document exchange, chemical assay exchange, and carbon emissions data sharing. Notably, the information transfer between the two parties depends primarily on e-mail and paper transmission. Furthermore, the solution incorporates institutions such as banks, commercial institutions, logistics providers, and government departments....

Data provided to Finbold by cryptocurrency trading simulator Crypto Parrot indicates that about 13 new digital currencies have been created daily between September 2020 and September 2021. During the period, new 4,908 cryptocurrencies have launched, bringing the total number of coins to12,046. The data further indicates that over the last 12 months, the number of new cryptocurrencies hitting the market has grown 68.75% from September 2020’s figure of 7,138. The highest growth rate in new coins was between September 2019 and September 2020 at 146....

The use of blockchain is to enable satellites to store shared data relevant to its constellation. The project has been dubbed as the Space Communication Reconstruction and Mapping with Blockchain Ledgering (SCRAMBL). According to the proposal summary: Through SCRAMBL, satellites that lie in a similar constellation will be able to store and distribute a ledger with data relevant to that particular constellation. In the end, NASA seeks to achieve autonomous coordination for the satellites while still playing a role in the “system-level needs and objectives”....

As of June 26, the number of cryptocurrencies tracked by CoinMarketCap surpassed the 20,000 mark for the first time in history to stand at 20,002. Notably, by leveraging a web archive tool, Finbold has determined that in 2022, the market has added 3,765 new cryptocurrencies, a growth of 23%. Interestingly, despite the emergence of new tokens, Bitcoin still dominates the market with the flagship cryptocurrency’s market cap accounting for 42%....

However, after showing positive signs of recovery, things have changed course to the downside for ADA as Bitcoin fell below $50,000. Consequently, as of December 8, Cardano’s market capitalization has lost more than $3 billion in the last 24 hours as volatility in the market persists. Notably, Cardano went from $48.85 billion to $45.53 billion in less than a day as ADA price tumbled with a total outflow of $3....

As of August 10, 80% of the S&P 500’s, 500 components are trading above their 50-day Simple Moving Average (SMA), higher than it has been over the past seven months, with the S&P 500 currently sitting at 4,210.24. Market technicians often use moving averages to help them understand an asset’s short-term and long-term momentum. Historically a solid trend predictor for price movements and determining where support and resistance levels are located....

Speaking during an interview with CNBC on June 10, Sonnenshein noted that the interest in assets like Bitcoin as a portfolio diversifier is emerging despite the ongoing market pullback. According to the executive, volatility is not the main issue impacting investors as they look at the sector from a long-term perspective. He noted that investors are increasingly focusing on the regulatory outlook. Investors not focused on volatility Sonnenshein’s revelation comes after asset management giant Fidelity revealed it would enable investors to allocate Bitcoin to their investment plans....

Indeed, by press time on November 7, MATIC was trading at $1.20, with gains of almost 5% in the last 24 hours. On the weekly chart, the token has surged by over 30%, emerging as the biggest gainer among the top 100 cryptocurrencies by market capitalization, according to CoinMarketCap data retrieved by Finbold. Furthermore, the 11th-ranked cryptocurrency by market cap has experienced a spike in buying pressure to record a weekly capital inflow of about $2....

In a press release, the company said ADA’s addition would offer holders convenient infrastructure through the iMining stake pool without the need for specialized equipment. According to iMining’s board chairman, Khurram Shroff, the platform incorporated Cardano staking due to the asset’s flexibility, stating it’s an ideal option to earn passive income in the cryptocurrency market. The company noted that its mission is to push for the ‘HODL’ strategy with continued diversification of the iMining ecosystem....

At a videoconference meeting with members of the government on January 26, Putin said that he was acquainted with the discussions around cryptocurrency legislation. According to the Russian President, the regulator’s stance is motivated by the fact that expansion of this sort of business poses risks to Russians, given the extreme volatility of cryptocurrencies. Russia needs to agree on the issue In addition, the President continued by stating that he had urged the administration and the Central Bank to reach an agreement on this matter and report back to him on the outcome....

Indeed, general partner at Race Capital, Edith Yeung, said there was a major push in crypto due to a whole generation of internet users believing that personal data cannot be monetized anymore and that it should belong to the users, in an interview with CNBC published on August 16. Hitting back at crypto critics claiming that the current market state is a crypto winter and that it’s going to be a long winter, Yeung said that she thinks “it is a winter, but it’s a warm winter....

Radix, a smart contract platform for asset-oriented DeFi, has unveiled concept images for its Web3 wallet. In particular, the wallet provides a unique vision for an enhanced user experience while dealing with cryptocurrency apps, according to a press release shared with Finbold on January 9. Notably, the Radix Wallet concept is the result of over a year of research and development of a set of five new technologies into the core of the Radix Network, to enable for the first time a mass-use crypto wallet....

Bitcoin hit the new milestone for the first time in three years. Through a series of tweets, Dalio stated that Bitcoin’s volatility makes it a bad choice to be considered a store of value. As Bitcoin gears up for increasing institutional adoption, Dalio projected a grim future stating that the asset might be banned. However, he remained open to being challenged regarding his stand on Bitcoin. Dalio has underlined his position on Bitcoin by saying: Dalio’s views attracted mixed reactions from the Bitcoin community....