Nearly 70 Of Crypto Hedge Funds To Continue Investing In Digital Assets Despite Choppy Markets

In this line, two-thirds of crypto hedge funds, at 67%, intend to pump more capital into the sector with a focus on two large caps assets of Bitcoin and Ethereum, the PwC’s Global Crypto Hedge Fund report published on June 10 indicates. In particular, Bitcoin remains the most attractive crypto owing to the asset’s ability to act as a store of value. In 2022, the survey indicated that the hedge funds at 86% invested in store of value assets, followed by decentralised finance (DeFi) at 78%, with infrastructure accounting for 74%, As per the report: Hedge funds bullish on Bitcoin Notably, most hedge funds have remained bullish on Bitcoin’s price and market capitalisation....

December 3, 2022 · 2 min · 342 words · Georgia Coleman

Nexo Pro Review 2023 Spot Futures And Margin Trading Platform

About Nexo Pro Since 2018, Nexo has been providing innovative solutions within the cryptocurrency community, starting with a brokerage service, hosted crypto wallet, a cryptocurrency exchange, and DeFi features that include crypto lending and savings. The exchange feature involves three basic functionalities: buying, selling, and swapping amongst the supported coins and tokens. Nexo Pro is a new platform built on top of the existing Nexo infrastructure introducing sophisticated institutional-grade trading tools to retail investors....

December 3, 2022 · 10 min · 2129 words · Edith Johnson

Number Of Active Cardano Pools Near 3 000 As Vasil Hardfork Approaches

Investors are anticipating not only a price rise but also a general improvement to the ecosystem as a whole, which is one of the reasons why the number of active pools continues to expand as traders aim to capitalize on both of these developments. According to data acquired by Finbold on May 30, there are 2,988 active pools on the network, just twelve short of 3,000 at the time of publication, as per data from PoolTool, a Cardano data aggregation tool for the largest Proof-of-Stake (PoS) digital asset....

December 3, 2022 · 2 min · 307 words · Tammy Barnoski

Oil Soars Eu Debates On Banning Russian Oil As Saudis Invest 50B To Boost Oil Capacity Finbold

The gains come in light of discussions by EU leaders on the US-led embargo on Russian oil. The issue is that Russian barrels won’t be easily replaced, since Russia was the world’s number two oil producer in 2021, while US producers haven’t ramped up production yet. At the same time, the EU scrambles to find substitutes for its oil needs. Apart from the situation in the EU, Saudi Arabian state-run media reported that Houthi rebels attacked a facility run by the kingdom’s Aramco, creating more challenges....

December 3, 2022 · 2 min · 312 words · Joan Manzanares

Over 1 Billion Inflows Into Xrp Market Cap In A Day Can Ripple S Token Reclaim 0 5

By press time on January 23, XRP had a market capitalization of $21.72 billion, representing an inflow of about $1.04 billion within 24 hours. As of January 22, the token controlled a market cap of $20.68 billion, according to CoinMarketCap data. Indeed, the buying pressure has acted as a catalyst for the asset to breach the $0.40 resistance level. XRP is currently changing hands at $0.43 with daily gains of almost 5%, while on the weekly chart, the sixth-ranked digital asset by market cap is up over 10%....

December 3, 2022 · 2 min · 378 words · Lonny Strohmayer

Over 30 Of Crypto Users Will Never Buy An Nft Study Shows

Even though 2021 was a good year for NFTs, people’s natural curiosity waned. Crypto users are not as interested in this new technology as they were a year earlier, according to the findings of a new study shared with Finbold and published by DEXterlab on July 21. Indeed, DEXterlab carried conducted a survey in the form of Twitter polls in order to gain a better understanding of the current state of NFT adoption in July....

December 3, 2022 · 3 min · 584 words · Jaclyn Jones

Over 60 Of U S Parents Say Schools Should Teach Crypto Poll Finds

In particular, 884 American parents and 210 American college graduates showed that 64% and 67%, respectively, are in agreement that cryptocurrencies should be a part of required education, the survey conducted by the online educational platform Study.com revealed. Before being permitted to participate in the poll, parents and college graduates were checked to ensure they had a sufficient grasp of cryptocurrency, blockchain technology, non-fungible token (NFTs), and the metaverse. Those without this knowledge were excluded from participation....

December 3, 2022 · 2 min · 411 words · Joseph Moore

Palantir Stock Rally 200 On Data Analytics Demand Guides 30 Growth For 2021

The shares of a data analytics company that offers services to military, healthcare, and aerospace customers rose 200% in the past two months. The substantial investments from prominent hedge fund managers helped in enhancing investors’ confidence in future fundamentals. Additionally, on October 26, 2020, the company announced it is developing a data-mining tool to assist the U.S. government in tracking the administration of COVID-19 vaccines. This is also a potential factor driving investors’ interest in PLTR stock....

December 3, 2022 · 2 min · 311 words · Clint Davis

Pancakeswap Price Prediction Can Cake Surge Past 5

Notably, CAKE reported on October 17 that it had recently burnt somewhat more than 6.8 million CAKE, reducing the circulating supply marginally. During that time, CAKE has climbed up 7.42% across the last week while also up 3.36% in the previous 24 hours to trade at $4.52, according to data retrieved by Finbold from CoinMarketCap. Whatsmore, given the recent positive price movements, PancakeSwap has held on to an ascending support line on the 1-day chart, which has been in place since June 18....

December 3, 2022 · 3 min · 454 words · Irene Shanks

Porsche Ipo Is Set To Take Place At The End Of September Things To Know

The plan is to list the shares in Frankfurt on the Frankfurt Stock Exchange, the largest of the seven stock exchanges in Germany, according to a Porsche press release on September 5. This could well be the biggest European initial public offering (IPO) ever, depending on the interest of investors. According to data released by Porsche, the IPO is planned for the end of September or the beginning of October, depending on the developments in broader capital markets....

December 3, 2022 · 2 min · 228 words · Michael Murdock

Retail Adds 89 Billion To U S Stock Market Largest Inflow Since April 2020 What It Means

Moreover, Goldman Sachs (NYSE: GS) analysts recently released data on the flow of money from stocks into money market funds, where $89 billion worth of money market inflows were seen, the largest inflow into cash since April 8, 2020, where $102 billion inflows were recorded. Further, money market funds represent open-ended fund that focuses their investments on short-term fixed-income securities, for example, U.S. treasury bills or commercial paper. Large inflows into these funds signal a rotation from risk assets into cash and are often taken as a sign of a possible capitulation in the markets by investors....

December 3, 2022 · 2 min · 372 words · Heath Rollo

Russian Finance Minister Backs Legalization Of Transactions With Stablecoins

Indeed, the head of the Financial Policy Department at the Ministry of Finance of the Russian Federation, Ivan Chebeskov, noted that the ministry favors permitting the circulation of stablecoins in the nation, according to a report by Russian outlet bits.media on July 7. The senior official made the comment while participating in a discussion at the Russian Creative Week titled “The Influence of Web3 — New Era of the Internet of Trust?...

December 3, 2022 · 2 min · 406 words · Rosa Powell

Sam Bankman Fried Gives First Ever Audio Interview Since Ftx Collapse

According to SBF, contrary to public allegations, he did not have backdoor access to FTX, where he manipulated accounts, he said in an interview with YouTuber Tiffany Fong published on November 29. At the same time, SBF acknowledged he was wrong on the handling of Alameda’s balance sheet, noting that the situation was ‘a poorly labeled accounting thing’. SBF on FTX collapse cause Interestingly, SBF claimed that the FTX collapse was not caused by the reported liquidity crunch but by what he termed as a ‘massive correlation of things during a free market moves....

December 3, 2022 · 2 min · 253 words · Nellie Mier

Scaramucci Slams W Buffett J Dimon For Not Doing Their Homework On Crypto

One of them is Anthony Scaramucci, the founder and managing partner at investment firm SkyBridge Capital and former advisor to Donald Trump. Addressing the Australian Financial Review’s Crypto Summit, he criticized several anti-crypto billionaires, questioning the quality of their research on the matter, as reported by the AFR on April 6. Scaramucci listed Paul Tudor-Jones, Steve Cohen, Dan Loeb, and Stan Druckenmiller, as people who have done ‘their homework’, in his opinion, who had all jumped on the crypto bandwagon after doing sufficient research into these assets....

December 3, 2022 · 2 min · 278 words · Reba Mock

Sec Charges Call Center Operators With Fraud For 58 Million Penny Stock Swindle

In particular, the operators employed high-pressure sales methods and made false and misleading assertions to everyday retail investors in order to lure them into buying stocks of small firms trading on stock exchanges in the United States. The SEC alleges that American Chester Alvarez, Canadians Francis Biller, Raymond Dove, Troy Gran-Brooks, and Dutchman Justin Plaizier ran counterfeit investment management businesses using fictitious names, websites, and phone numbers as per the complaint filed on March 14....

December 3, 2022 · 2 min · 307 words · Kathleen Karam

Senior Celsius Executives Withdrew 17 Million In Crypto Just Before Bankruptcy

According to recently published court documents, senior executives of the crypto lending firm Celsius’s withdrew between $17 and $23 million in crypto between May and June 2022, just before the company ceased withdrawals and filed for bankruptcy. Former CEO Alex Mashinsky and former CSO Daniel Leon allegedly removed the cash in Bitcoin (BTC), Ether (ETH), USDC (USDC), and CEL (CEL) tokens from custody accounts, as detailed in a Statement of Financial Affairs submitted late October 5, CoinDesk reported on October 6....

December 3, 2022 · 2 min · 357 words · Barbara Stokes

Share Vs Ntfs Permissions

The SHARE permissions determine the type of access users have to the shared folder when the resource is being accessed over the network. SHARE permissions are not evaluated when users are logged into the resource locally. There are three types of share permissions: Full Control, Change, and Read. NTFS permissions determine the action users can take for a file or folder when accessed locally. When both permissions are in place, the most restrictive permission will be applied to the user accessing the resource....

December 3, 2022 · 2 min · 372 words · Sandra Hatfield

Shib Ends Year With 6 Billion Outflows In December Despite Adding Over 80 000 New Holders Finbold

Between December 1st and December 30th, SHIB added 81,305 holders from 1,021,997 to 1,103,302. However, the holders’ metric growth was not replicated on the coin’s market capitalization, which plunged 24.96% during the month. At the start of the month, SHIB’s market cap stood at $24.79 billion, while as of December 31st, the figure was $18.60 billion. Elsewhere, the coin has not been spared of the general crypto market correction, with the price dropping over 24% in December to trade at $0....

December 3, 2022 · 2 min · 312 words · Brian Deering

Shib Loses Over 60 000 Holders In Two Weeks As Demand For The Token Dwindles

Indeed, over the past 12 days, SHIB has gone from having 1,199,453 token holders on March 16 to only 1,135,593 as of March 29, which is a decrease by 63,860 holding addresses, according to the information from CoinMarketCap. The total number of unique addresses on the network that were holding the dog meme currency had been steadily increasing until March 17, when it suddenly dropped significantly, losing 32,832 holders in a single day....

December 3, 2022 · 2 min · 337 words · Jason Smith

Shopify Adds Over 2 5 Million Stores Amid The Pandemic Growing 200 Finbold

Shopify’s live websites surged 201.53% between March 2020 and January 2022. During the period, the platform added 2,594,798 stores in under two years, data provided by marketing platform Genus AI indicates. At the pandemic’s start, Shopify hosted 1,287,547 websites that have tripled to 3,882,345 as of January 2022. Furthermore, the Canadian platform is more dominant in the United States, hosting 2,666,627 live Shopify stores. The figure has grown 178.53% from March 2020’s 957,393 stores....

December 3, 2022 · 2 min · 354 words · Barbera Wylam