Brazil Central Bank Director Terms Bitcoin A Financial Innovation

For instance, Araujo singled out Bitcoin’s role in giving rise to the Web3 concept alongside triggering most jurisdictions to start researching central bank digital currencies (CBDC),” Livecoins reported on August 4. Interestingly, the director revealed that the bank began looking into Bitcoin’s properties over a decade ago. Bitcoin as a currency However, Araujo ruled out the possibility of Bitcoin being used as a currency citing the asset’s volatility as a major drawback....

December 3, 2022 · 2 min · 266 words · Benjamin Corona

Brownstone Institute Founder Says Bitcoin Could Be Headed Back To 10 000 Here S Why

Following the recent correction, Jeffrey Tucker, the founder of Brownstone Institute, has suggested that the flagship cryptocurrency could retest the $10,000 level while maintaining that Bitcoin has a long way to go to exit the bear market during an interview with Kitco News on November 11. According to Tucker, the cryptocurrency space remains risky at the moment while cautioning investors from buying in the dip but advised waiting for the crypto winter to ‘flesh out....

December 3, 2022 · 2 min · 303 words · Cathie Childress

Can Ethereum Hit 4 000 By The End Of 2022 Here S What The Experts Say

As it happens, the panel consisting of 53 crypto and Web3 industry fintech experts at Finder has voiced their general predictions that the price of Ethereum would first drop as low as $675 during the year before picking up again and ending 2022 at $1,711. According to most of them, the price increase would be pushed by the announced Merge update that would officially mark the transition of the Ethereum network from the energy-intense Proof-of-Work (PoW) to the Proof-of-Stake (PoS) algorithm and that is expected to take place in September this year....

December 3, 2022 · 2 min · 322 words · Erica Bailey

Can Ftx Token Regain Its Previous Levels By The End Of 2022

In particular, FTT was trading at around $25 on November 4, before it abruptly crashed on November 8. In the days that followed, the token traded as low as $2 before it started to regain some of its losses. Indeed, by press time, the token was trading at $3.47, gaining by about 36% in the last 24 hours, with the daily chart indicating a price peak of $4.11. The token’s latest rally has been inspired by the general cryptocurrency market gains in the wake of the slowing United States inflation rate....

December 3, 2022 · 2 min · 376 words · William Hermes

Cardano Ada Total Staking Addresses Surpass 600 000 Milestone

According to data provided by Pooltool, a Cardano data aggregating tool, ADA’s total staked value is $42.93 billion, accounting for 71.32% of the $60.2 billion in supply. The milestone follows increased exposure of Cardano staking by various platforms. For instance, iMining, a Canadian publicly-traded company, recently included Cardano to its list of supported assets for its staking services. Through the addition, iMining seeks to expose Cardano to institutional investors. Furthermore, in May, U....

December 3, 2022 · 2 min · 257 words · Evon Boser

Celsius Ceo Russia S Invasion Of Ukraine Has Resulted In Critical Bitcoin S Support At 30K Finbold

Speaking to Kitco News, Mashnsky stated although Bitcoin was touted to gain in such a high tension environment, the asset’s correlation with the stock has contributed to its correction. According to Mashnsky, Bitcoin will be crowned as the digital gold once the cryptocurrency decouples from the stock market. The executive believes the correlation between the two asset classes is because the same traders are investing in equities and Bitcoin. Mashinsky insinuated that as the market continues to suffer from the impact of the geopolitical tensions, Bitcoin will likely correct since the asset has several years ahead to stand on its own....

December 3, 2022 · 2 min · 269 words · Cynthia Hines

Central African Republic S President Says Mathematics Is Universe S Language Bitcoin Universal Money

Indeed, President Faustin-Archange Touadéra, took to Twitter on April 27 to voice his position on the flagship digital asset and mathematics in general, as cryptocurrencies are heavily related to this area of study: Touadéra is just one among the slew of world leaders and politicians praising cryptocurrencies, making his opinions known after CAR made Bitcoin legal tender on April 26, becoming second only to El Salvador which did the same on September 7, 2021....

December 3, 2022 · 2 min · 286 words · Ciara Harrell

China S Civil Unrest Could Push Bitcoin Below 16 000

Indeed, Kitco News analyst Jim Wyckoff on November 28 noted that Bitcoin bears still retain a near-term technical advantage, with the asset staring at a possible slump below $16,000. Notably, Bitcoin is still facing the effects of the FTX crypto exchange collapse on the general market. Interestingly, the maiden cryptocurrency continues to be weighed down by the prevailing macroeconomic factors, with the civil unrest events in China presenting a gloomy outlook on markets....

December 3, 2022 · 2 min · 351 words · David Williams

Citi Analyst Sees A Brighter Future For Cruise Lines As Sector Looks Much More Positive Finbold

Speaking to CNBC news, Citi analyst James Ainley, the head of travel and leisure research, discussed those very same industries amid the effects of the latest Covid variant. Sounding constructive on the sector as a whole, Ainley was asked what are the best opportunities to which he responded: Will the travel sector be hit hard? Besides, when asked whether the whole sector is going to get hit on the chin today very aggressively and whether this means there is an opportunity to buy or do we need to stand on the sidelines given the volatility in the travel and leisure sector....

December 3, 2022 · 2 min · 266 words · Danna Olsen

Cme Group S Chief Economist Bitcoin Deserves Further Studying Finbold

Since its inception over a decade ago, Bitcoin has been striving to gain mainstream adoption and investment. In recent months, the crypto market has developed considerably with more institutional investors, financial institutions and governments exploring the nascent industry. Many now wonder how Bitcoin can fit into a portfolio without compromising stability due to its volatility. The token has been much more volatile to serve as a dependable store of value, as explained in a video released on February 10, by CME’s Chief Economist, Bluford Putnam....

December 3, 2022 · 2 min · 372 words · Frances Barnes

Coinbase Backed Andreessen Horowitz Raises 2 2 Billion For Crypto Investments

In a blog post, the firm backed by Coinbase and Facebook indicated that the fund would help find the next generation of visionary crypto founders. The post adds that the fund will back projects across all stages, from early seed to fully developed later-stage networks. The firm noted that the decision to raise a significant fund towards digitals assets is in line with the belief that cryptocurrencies are here to stay....

December 3, 2022 · 1 min · 201 words · Rebecca Santos

Coinbase Stock Up 24 In A Month As Momentum For Coin Mounts Finbold

Potentially, one of the factors in the stock’s recent rise is Bitcoin (BTC) which is also trading 10% higher over the last week coupled with the ​​U.S. Securities and Exchange Commission (SEC) announcement of a Bitcoin futures ETF. Incidentally, the shares of the COIN are trading above their 20 and 50-day SMA, which typically signals an upward trend. A positive short-term trend seems to be developing based on the company’s previous performance and a price above those two SMAs....

December 3, 2022 · 4 min · 692 words · Leonor Carr

Coinbase Vs Binance Which To Choose 2023 Guide

Introduction Choosing which cryptocurrency exchange to use for your activities within the blockchain scene is an important decision. Different platforms provide varying services, cover a range of geographic locations, and charge a variety of prices. A good exchange is a matter that is subjective to the user as one platform may have features that are essential to one person and non-essential to another. Other exchanges may be a perfect fit but not available within the users’ jurisdiction....

December 3, 2022 · 18 min · 3630 words · Raymond Corbett

Creating A Pop Up Message Using Vbscript

In addition, a title can be assigned to the pop-up message. If it is omitted, the default is “Windows Script Host”. The syntax is as follows: WshShell.Popup strText[,nSecondsToWait] [,strTitle] [,nType] Arguments: strText – String value containing the text you want to appear in the pop-up message box.nSecondsToWait – Optional. Numeric value indicating the maximum length of time (in seconds) you want the pop-up message box displayed.strTitle – Optional. String value containing the text you want to appear as the title of the pop-up message box....

December 3, 2022 · 2 min · 239 words · Max Summers

Crypto Market Sees Over 100 Billion Inflow In 24 Hours As Bitcoin Reclaims 30K

As a result, the price of altcoins has increased, which has led to an infusion of cash into the global cryptocurrency market cap, which has increased by over $100 billion in the last 24 hours. In fact, as of May 12 at 11:25 UTC, the overall market capitalization was $1,193 billion, compared to $1,301 billion on May 13. At the time of publishing, CoinMarketCap data indicates that $108 billion has entered the market....

December 3, 2022 · 2 min · 282 words · Kelvin Terry

Crypto Weekend Defi Tokens Surge As Crypto Markets Top 1 6 Trillion

The total market capitalization for all crypto assets has topped $1.6 trillion again as Bitcoin and its brethren made a weekend recovery, and cryptocurrency trading heats up again. The king of crypto managed to reclaim the psychological $50,000 price barrier over the weekend, hitting a high of $51,800 in early trading in Asia on Monday morning. Ethereum prices had made a gain of 5% on the day to reach $1,750 at the time of writing....

December 3, 2022 · 2 min · 382 words · Marguerita Erickson

Crypto Youtuber Bitboy Accuses Former Sec Boss Of Taking Bribes To Make Eth A Commodity

As it happens, Ben Armstrong, the individual behind the ‘BitBoy Crypto’ YouTube channel, has criticized the former SEC Director William Hinman, accusing him of accepting bribes to declare Ethereum (ETH) a commodity, in his tweet on October 9. According to him, “William Hinman certainly accepted bribes. It’s CLEAR.” However, he also refuses to choose among cryptos, as he added that his “3 biggest holdings are XRP, ADA, & ETH, and I refuse to take sides....

December 3, 2022 · 2 min · 252 words · Eunice Mcdonald

Cryptocurrency Staking 2022 How It Works Passive Income

Introduction When Bitcoin launched back in 2009, it introduced the distributed ledger concept known as the blockchain. The distributed ledger was the missing ingredient that would make digital currencies a reality. The idea behind the distributed ledger is to have copies of the blockchain held by multiple computers (called nodes) in different locations. It’s a system in which a simple majority of the nodes get to vote on what goes into the ledger....

December 3, 2022 · 21 min · 4348 words · Lee Munoz

Danish Tech Company Listed On Nasdaq First North After 3M Ipo

The IPO carried out between November 26 to December 9, 2020, availed about 2.27 million shares, each selling at $1.34. A share of 36% was pre-subscribed with 64% coming from the open public subscriptions. On the first trading day, DecideAct attracted 3,006 shareholders and an increase of over 40% of the shares in the free float. The shares opened with a rise of 35%, which bodes well for future trading....

December 3, 2022 · 1 min · 151 words · Loretta Partida

Demand For Lucid Grows As Lcid Beats Earnings Estimates With Reservations Exceeding 30 000

Earning per share (EPS) of -$0.05 beat estimates by $0.29, while the company has $5.4 billion cash on hand, which is expected to keep it well funded into 2023. Furthermore, it was noted that LCID is seeing strong demand for the Lucid Air, with reservations exceeding 30,000, which could be translated into $2.9 billion of potential sales. New pricing and upholding the revisions Current pricing for existing reservations will be honored as well as any new ones made by May 31, 2022; as per the company, nonetheless, a revision of prices across all models will begin June 1, 2022....

December 3, 2022 · 2 min · 237 words · Monique Adams