Hundreds Of Us Banks Ask For Bitcoin As Customers Pour Money Into Crypto Exchanges

In this line, cryptocurrency custody firm NYDIG alongside fintech platform Fidelity National Information Services (FIS), is working on a plan that will enable customers to buy, hold, and sell bitcoin through their bank account, CNBC reports. According to NYDIG president Yan Zhao, banks now want to fully take part in the crypto ecosystem after facilitating customer transactions to leading digital asset platforms like Coinbase. Under the plan, FIS will act as a vendor to banks with almost 300 million checking accounts....

December 30, 2022 · 2 min · 235 words · Veronica Cook

Is Bitcoin Poised For A Major Push To The Upside Here S What The Crypto Experts Say

If one of these analyses is to be believed, Bitcoin (BTC) might be in for a significant push to the upside, and it might happen soon, according to a tweet published by the pseudonymous crypto analyst Moustache on October 17. As the trading expert explained and illustrated with a chart, Bitcoin could indeed make an upside push, suggesting that investors should make use of its current levels to accumulate: This prediction is in line with Moustache’s previous statements that Bitcoin would “soon surprise everyone,” as he compared the cryptocurrency’s current activities with the 2017/2018 cycle....

December 30, 2022 · 2 min · 386 words · Lennie Hall

Lcid Stock Up 7 As Epa Rates Lucid Air As The Longest Range Ev Of All Time

In a blog post, Lucid Motors stated that the rating aligns with the goal of the model to maximize range from its miniaturized, in-house designed powertrain that reduces drag at high speeds. The Lucid Air Dream Edition model rating now pushes Lucid past Tesla (NASDAQ: TSLA). It beats the longest-range set by Tesla’s the Model S Long Range Plus, by over 100 miles. The Lucid Air Dream Edition managed to cruise from Los Angeles to San Francisco and back in a 445-mile trip as part of the test....

December 30, 2022 · 2 min · 337 words · Carrie Calvery

Less Than 5 Of Climate Finance Per Person Reaches Vulnerable Countries

Climate finance is meant to help the developing world cut on greenhouse gases and protect their people from the consequences that come with climate breakdown. This funding forms an integral part of the Paris agreement. The rich nations pledged over ten years ago to give £100bn a year to the poor by 2020. But, it appears like some of these commitments are not being met. A week ago, the United Kingdom published its strategy for giving climate finance as part of its presidency of the Cop26, this year’s vital UN climate summit....

December 30, 2022 · 2 min · 356 words · Steven Saenz

Litecoin Must Close November Above This Price Level To Confirm New Uptrend

Given the increase in the price of Litecoin, pseudonymous crypto trading expert Rekt Capital noted on November 23 that the monthly close for LTC needs to hold above $67 for the cryptocurrency to continue moving higher in December based on the previous upside wicks: Rekt added: At the same time, given its bullish momentum, LTC/BTC trade has broken out from a macro downtrend dating back to January 2020. Can Litecoin reach $100?...

December 30, 2022 · 1 min · 209 words · Joshua Davis

Logitech And Tencent Games Partner To Advance Handheld Cloud Gaming

In particular, the collaboration will combine Logitech’s hardware knowledge and Tencent’s software services to develop the new device, as per a press release by the two companies. The device will offer numerous cloud gaming services, cooperating with Xbox cloud Gaming and Nvidia GeForce NOW teams to provide more possibilities for playing on the move. Daniel Wu, general manager of Tencent Gaming, explained that Logitech would help them bring about their vision of gaming....

December 30, 2022 · 2 min · 248 words · Reina Reed

Luxury Resort Chain Now Accepts Bitcoin And Ethereum As Payment In Maldives And Thailand

Soneva, a leader in the high-end hotel industry, now accepts Bitcoin (BTC) and Ethereum (ETH) at its properties in the Maldives and Thailand, as per a report by Business Traveller published on August 15. Guests at Soneva Fushi, Soneva Jani, and Soneva in Aqua in the Maldives, as well as Soneva Kiri in Thailand, may now confidently make safe international payments using the payment channel, which is meant to simplify the transaction procedure and provide the ultimate peace of mind....

December 30, 2022 · 2 min · 289 words · James Bird

Machine Learning Algorithm Sets Shib Price For February 28 2023

Artificial intelligence (AI) forecasts that halfway through the month, the machine learning algorithms at the crypto monitoring platform PricePredictions have projected the price of SHIB will trade at $0.000012 on February 28, 2023, according to the data retrieved on January 30. By aggregating the technical analysis (TA) indicators, including moving averages (MA), the moving average convergence divergence (MACD), relative strength index (RSI), Bollinger Bands (BB), and more, the forecast represents an increase of 3% from SHIB’s current price of $0....

December 30, 2022 · 2 min · 396 words · Hien Potthoff

Major Central Banks Have Printed 25 Trillion Since 2008 Data Shows

Data acquired by Finbold indicate that the world’s leading central banks, including the Federal Reserve, Bank of Japan, European Central Bank, and the Bank of England, have injected more than $25 trillion into the global economy since 2008, with more than $9 trillion of that amount coming from COVID-19 alone, according to the Atlantic Council’s Quantitative Easing tracker. Central banks are now faced with the tough fine line of curtailing massive asset purchases without jeopardizing economic development....

December 30, 2022 · 3 min · 527 words · Maria Brown

Malaysian Deputy Minister Dismisses Cryptocurrencies As They Don T Exhibit Characteristics Of Money

Responding to a question from MP Nurul Izzah Anwar in Dewan Rakyat (the lower house of the Parliament) on March 3, Deputy Minister Il Yamani Hafez Musa said that: He also explained that: The question he was responding to concerned the role of the government in regulating currencies and cryptocurrencies. The MP also asked if there were any government plans to create a digital currency, considering the participation of Malaysia’s central bank in Project Dunbar....

December 30, 2022 · 2 min · 240 words · Collette Aguirre

Multi Country Study Reveals Only 1 In 10 Have No Intention Of Investing In Cryptocurrency

Data acquired by Finbold on March 14 reveals 61% of 9,000 interviewed adults (aged 18-64) knew about cryptocurrencies and only one in ten said they had no intention of investing, according to a recent global survey by consumer insights provider Toluna. The global research saw participants from 17 countries in four regions of the world, including North America, Latin America, Asia-Pacific (APAC), and Europe, the Middle East, and Africa (EMEA)....

December 30, 2022 · 2 min · 379 words · Laurie Carr

Netflix Stock Forecast Analysts Rate Nflx As A Buy Estimating A 16 Upside

As a result, it was unavoidable that such growth would decline once economies began to reopen, the firm reported earnings after the market closed on Tuesday, and the results look to be mixed. During the first half of 2021, Netflix’s subscriber growth has slowed down. The firm’s most recent earnings report reveals; the business added just 5.5 million members in H1 2021, which is 4.5 times fewer than the 25 million it added the previous year during the same period....

December 30, 2022 · 2 min · 386 words · Mary Rodriguez

New York Regulator Orders Banks To Apply For Permission Before Engaging With Crypto

In particular, the NYDFS has released a new guideline requiring banks operating in the state to apply for advance permission before they engage in cryptocurrency-related initiatives, the agency said in a December 15 publication. The guidelines also affect third-party agents affiliated with the banks alongside branches and agencies of foreign banking entities under its jurisdiction. Requirements for application Banks applying for permission are required to share information related to their business plan, risk management, corporate governance and oversight, consumer protection, financials, and legal and regulatory analysis....

December 30, 2022 · 2 min · 246 words · Robert Hill

Number Of Dead Coins Surpasses 1 700 As Scammers Flourish

Specifically, there were 1,705 dead coins as of April 6, 2022, according to data acquired by Finbold from dead coin analytics platform 99Bitcoins on April 20. The list of notable dead coin examples includes BitConnect (BCC), VegasCoin (VEGCOIN), and Storeum (STO). Dead coins are digital tokens that have turned out to be scams, abandoned by their teams, lacked funding, or failed for any other reason and therefore are no longer viable or active....

December 30, 2022 · 2 min · 335 words · Sylvester Morris

Number Of Shib Q1 2022 Transactions Fall Almost 70 From Previous Quarter

The DeFi meme token had previously been facing a continuous decline in on-chain transactions for four consecutive months up until March. Data acquired by Finbold reveals that the total number of SHIB transactions decreased considerably from 2,666,943 in Q4 2021 to 870,164 in Q1 2022, according to statistics from blockchain analytics website bloxy.info. Specifically, the number of SHIB transactions between the two quarters suggests there was a drop of -67....

December 30, 2022 · 2 min · 270 words · Larry Thomas

Number Of Shib Transactions Drop 40 In November To Reach 800K

In November, the transactions plunged 42.27% to 802,183 from October’s all-time high of 1,389,574, according to data provided by crypto intelligence platform Bloxy. It’s worth noting that the number of transactions recorded one of the most significant jumps between September and November at 363.33% from 0.3 million to 1.39 million (rounded figures). Another notable figure was recorded in May at 1.2 million. SHIB experiences volatility in November The drop in transactions correlated with SHIB’s price plunge in November....

December 30, 2022 · 2 min · 422 words · John Cabral

Official Shib Hits 1 Million Holders Milestone Finbold

The decentralized dog meme currency reached the milestone on Thursday, November 25, after seeing a significant increase in the number of token holders over the previous several months. According to data collected by Finbold, Shiba Inu currently has 1,000,018 token holders as of the time of publication. We reported yesterday that SHIB was less than 5,000 holders away from achieving the 1 million holder milestone, with a total of 995,285 holdings....

December 30, 2022 · 3 min · 430 words · Douglas Diliberto

Over 100 Billion Outflows Crypto Markets In Two Days Finbold

Based on declining institutional demand for Bitcoin, a further decline in the mining hash rate, and a negative adjustment of mining difficulty, Bitcoin has broken below the $30,000 support zone to trade around $29,600. The flagship crypto-asset falling below $30,000 is not a positive indication for other cryptocurrencies, which tend to follow Bitcoin’s trajectory due to its market dominance. Other major cryptocurrencies, such as Ethereum (ETH), Cardano (ADA), and Dogecoin (DOGE), have also had significant price drops....

December 30, 2022 · 3 min · 432 words · Sandra Ellison

Over 170 Companies Delisted From Major U S Stock Exchanges In 12 Months

According to data acquired by Finbold, a total of 179 companies have been delisted from the major United States exchanges between 2020 and 2021. In 2021, the number of companies on Nasdaq and the New York Stock Exchange (NYSE) stands at 6,000, dropping 2.89% from last year’s figure of 6,179. In 2019, the listed companies stood at 5,454. NYSE recorded the highest delisting with companies on the platform, dropping 15....

December 30, 2022 · 3 min · 604 words · Dawn Velasco

Over 700 New Cryptocurrencies And 30 Crypto Exchanges Emerged In March 2022

Using a web archive tool, Finbold was able to determine that, on March 1, 2022, the number of crypto assets was 17,869. At the same time, there were 458 crypto trading platforms, based on the obtained data. By comparison, the number of digital assets stands at 18,597 and exchanges at 489, as of March 30, 2022, according to the CoinMarketCap statistics analyzed at press time. This indicates that in March alone, the crypto market has grown larger by as many as 728 new cryptocurrencies and 31 crypto exchanges, representing a 4....

December 30, 2022 · 2 min · 297 words · James Mcguire