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In particular, data acquired by Finbold on November 3 indicates that the cumulative market capitalisation of five leading companies in the United States has recorded outflows of $3.41 trillion or a drop of 33.8% in 2022. Notably, at the start of the year, the companies had a total market cap of $10.09 trillion, dropping to $6.68 trillion as of November 3. In particular, Apple (NASDAQ: AAPL), the largest company by valuation, began the year with a market cap of $2....

Meanwhile, the iShares Expanded Tech-Software Sector (BATS: IGV), an exchange-traded fund (ETF), which tracks the performance of the software sector, has declined by over 25% this year. Following these developments and a real opportunity to come out of any economic slump stronger, Finbold decided to identify two software stocks that could weather a recessionary hailstorm. Microsoft (NASDAQ: MSFT) This technology giant needs little introduction to, as it seems, anyone since it has been dominating the computer world since they helped build it....

During a phone conversation, Kerner noted that David had a wealth of expertise in both financial services, operations, and product development skills combined to make him a valuable asset. Hijirada’s hiring will allow the CEO to focus on the company’s future products and branding and implement his vision for the fintech firm. Currently, Acorns has more than 4 million paying customers and wants to achieve 10 million subscribers by 2025, Kerner added....

You can replace the ASP.NET code on this page with any other server-side scripting languages that you are familiar with such as ASP or PHP. You can refer to the other tutorials in this series for more help using a different server-side scripting language. In addition, the back-end data source does not have to be MySQL. You can modify the database connection in the example for accessing other database platforms....

The callback needs to identify the result of the request and proceed with the handling of the data returned from the web server. Callback functions generally also serve as a delegator, meaning that it will delegate the processing of other code to other areas of your JavaScript application. Example We will use the following HTML for the examples listed below. Without Callback In the previous example, we set an event handler for the onreadystatechange event as our ajax_response() function which will be executed every time the state of the request changes....

It’s worth noting that the term “burning ETH” refers to the act of permanently deleting units of Ethereum’s supply. This, in theory, would restrict the supply or quantity of ETH in circulation, which is the goal of the hard fork London, which includes EIP-1559. Since August the burning is reaching record highs, which apears to be linked to the expansion of decentralized finance (DeFi) platforms and the trading of non-fungible tokens (NFTs)....

Dan Farb of Mill Pond Capital, in a note to clients, explained his view on Shell’s dividend potential: In 2020, the company slashed its dividend by 65% when the Covid pandemic destroyed demand for oil. Currently, the company yields 3.6%, maintaining a conservative payout ratio of 20% based on the projected earnings for 2022. SHEL share performance and analysis Like most energy companies, the shares have been on fire in 2022, up over 30% year-to-date (YTD)....

NIO had geared up for its annual Nio Day celebration at the weekend, showcasing its services, energy solutions, software, and other products on its electric vehicles (EV). However, the company’s overall market performance over the past year has been below standard. Whatsmore, the medium- or short-term outlooks are not optimistic, as the company’s bearish momentum is bolstered by its trading below its 20-day, 50-day, and 200-day simple moving average lines....

The Dublin-headquartered startup firm offers ultra-wideband wireless technology via a low-power chip. Their chip can identify the particular location of any object indoors to almost a few centimetres. The technology, based on the IEEE 802.15.4 standard, is described by techies as being like “bluetooth on steroids.” The Deal The North Carolina-based radio-frequency semiconductor components maker, Qorvo, derives almost 33% of its yearly revenue from Apple. Currently, the company is enjoying strong growth after selling 5G handsets....

During an interview with a local news outlet Caja Negra, Fernandez lauded the concept behind Bitcoin but acknowledged the skepticism emanates from the asset’s unfamiliarity, Pymnts.com reports. According to the Head of State, although Bitcoin is witnessing a global debate, people are also concerned about factors like price volatility. At the same time, President Fernandez did rule out the possibility of launching a central bank digital currency. Notably, since El Salvador became the first country from the region to declare Bitcoin a legal tender, most countries are highly expected to follow suit....

Consequently, billionaire investor Stanley Druckenmiller has suggested that if the masses lose trust in central banks due to tightening policies, cryptocurrencies might rally once again, he said during CNBC’s Delivering Alpha Investor Summit on September 28. Druckenmiller added that the current conditions make investing in assets like Bitcoin (BTC) challenging as the Federal Reserve faces the challenge of containing inflation and a possible recession. The inventor cited the recent decision by the Bank of England to pause its tightening policy to start purchasing government bonds....

Zhao stated, “it’s hard to tell” whether regulations will be fair and more restrictive when asked about Binance being seen more positively in the U.S. and what he needs to do to get regulators on side. In response to how much of his time he spends thinking about regulation or how to change Binance, so the firm’s seen more positively by regulators, CZ confirmed: Zhao added: Binance’s pivot priority list It is worth mentioning that, in order to make sure Binance is on-time transitioning from a tech innovator to a financial service company Zhao listed his priority list: Secondly, according to the Chinese-Canadian businessman, Binance’s decentralized organizational structure causes many problems as people think they are “dodgy” without a headquarters....

In a Twitter post, Zhao stated that the exchange team would eventually burn all the allocated BNB tokens. The amount is almost 80 million BNB, equivalent to almost $37 Billion, and it will be burned instead of selling at a profit. Crypto exchange Binance completed its initial coin offering (ICO) of 100 million BNB on July 21, 2017. All BNB tokens were created before the ICO and were sold within 20 days....

In this line, crypto trader and analyst by the Twitter pseudonym of Thescalpingpro, on January 26 stated that Bitcoin hitting $28,000 remains in play, but the digital asset faces heavy resistance ahead. Following the rally, the analyst suggested that Bitcoin bears remain in disbelief as they continue to short the cryptocurrency. However, he pointed out that the zone of $23,500 and $24,500 remain key areas to watch, as he believes breaching this area will push Bitcoin to $28,100....

Specifically, Bitcoin has been mimicking indicators from 2020, including a down-slope neckline, lows price action, relative strength index (RSI) up-slope neckline, and RSI moving average (MA) uptrend, as observed by prominent crypto trading analyst Trader Tardigrade on November 30. As the analyst noted, this price action in early 2020 resulted in a breakout for the flagship decentralized finance (DeFi) token, peaking at around $10,500, which means that a similar result could be expected in December 2022, potentially closing the year in the area at around $19,700....

The stabilization of Bitcoin’s value around $20,000 — down from its 2021 peak of approximately $69,000 — was an “artificially induced last gasp before the road to irrelevance,” wrote Ulrich Bindseil and Jürgen Schaaf in a blog post entitled ‘Bitcoin’s last stand’ on Wednesday, November 30, refuting claims that the BTC would rebound from its recent decline. Bitcoin’s “conceptual design and technological shortcomings” made transactions “cumbersome, slow, and expensive,” according to the two central bankers, making the flagship digital currency a “questionable” form of payment....

However, while looking at Bitcoin on-chain accumulations patterns in relation to the BTC price level, it is obvious that there is a gap between the number of holders with less than 1 BTC (small fish) and those with between 1,000 -10,000 BTC (whales). Notably, the shift in Bitcoin holdings since October 2020 has seen the number of smaller holders continuing to significantly gain while whales are distributing, as highlighted by on-chain data platform Ecoinmetrics on March 12....

Speaking with CNBC’s Arjun Kharpal, co-founder of the cryptocurrency exchange Huobi, Du Jun discussed his thoughts on when he thinks the next BTC bull market will take place, stating his prediction is based on when the next Bitcoin “halving” occurs. According to Jun, there is a cycle every four years when Bitcoin’s value is halved; this is followed by a bull market and subsequently a bear market. Bitcoin bull market is hard to predict Additionally, the Huobi co-founder acknowledges that it is “difficult to predict” when a bull market will occur precisely due to the “many factors” that might impact the market....

Specifically, the hackers targeted BCS’s cross-chain bridge BSC Token Hub – the bridge between BNB Beacon Chain (BEP2) and BNBChain (BEP20 or BSC) – resulting in the suspension of operations on the entire chain, as the CEO of Binance Changpeng Zhao explained on October 7. At roughly the same time, the suspension was also announced at the BNB Chain’s own Twitter account, which stated that: Scope of the attack on BSC According to the estimates by the blockchain security and analytics company PeckShield, the losses could be estimated to around $580 million: In the meantime, similar information was shared by blockchain security firm SlowMist, which stated that: However, according to the BNB Chain’s Reddit account, “initial estimates for funds taken off BSC are between $100M and $110M....

Meanwhile, BA expressed disappointment that the deal fell through due to “geopolitical differences” between the U.S. and China, claiming that the differences between the two superpowers are hurting their business; therefore, Boeing is calling for a dialogue between the nations. On the other hand, aviation cooperation between China and the EU is one of the main staples of the economic and trade cooperation between the two. Airbus even has an assembly plant in China, so it seems that this deal is valued at more than $37 billion and is reportedly one of the largest ever for Airbus more to do with the work Airbus and Europe have put in than actual political differences between the U....