More Than 12 Trillion Flows Into World S 10 Largest Stock Exchanges In H1 2021

According to data compiled by Finbold, the top ten largest stock exchanges globally cumulatively grew by 15.43% or $12.12 trillion in market capitalization between January and June 2021. The total market cap stood at $78.54 trillion at the start of the year, surging to $90.66 trillion by the end of 2021’s first half. American-based exchanges remained dominant, with the New York Stock Exchange holding the pole position. Between the period under review, the exchange market cap surged from $21....

January 4, 2023 · 3 min · 559 words · Deborah Dews

Next Lucid Lcid Levels To Watch As Stock Caught In Downtrend Limbo

Furthermore, while states across the US slowly phase-out combustion engines, the total addressable markets (TAM) for firms like Lucid (NASDAQ: LCID) continues to grow. Meanwhile, LCID shares have been caught in the limbo of a downtrend, namely, down 63.38% year-to-date (YTD). Despite the price action, on September 27, Cantor Fitzgerald started coverage of LCID shares, giving them an overweight rating with a $23 price target, believing that Lucid’s offer of greater efficiency, longer range, faster charging, and more space relative to its peers will enable the firm to carve a big piece of the EV market for itself....

January 4, 2023 · 2 min · 383 words · Frieda Gibson

Nintendo Hints It S Interested In Nfts And Metaverse Finbold

Following Nintendo’s (TYO: 7974) most recent financial results, the company held a Q&A session in which one of the questions addressed NFTs and the metaverse, among other topics. According to the senior analyst at MST Financial, David Gibson, Nintendo hinted that it is interested in this area and could see ‘the potential’ it had for the company. Although, in a follow-up tweet, Gibson claimed that Nintendo’s response “was mainly focused on metaverse....

January 4, 2023 · 2 min · 355 words · Jennifer Knesek

Number Of Shib Holders Surpass 800 000 Adding 30 000 In A Day Finbold

Now the token competitor to DOGE has over 800,000 holders as of October 28, 2021, ​​adding 32,405 new holders in a single day, taking the number of addresses from 784,385 to 816,790, according to CoinMarketCap.com. In particular, the total number of unique Shiba Inu holders now stands at 816,790, with the top 10 holders accounting for 72.04% percent of all SHIB. It’s worth mentioning that one wallet purchased around $8,000 worth of $SHIB in August of last year, and the trade is currently worth $5....

January 4, 2023 · 2 min · 293 words · Janet Waldrip

Oecd Cuts Projection For World Economy Amidst Coronavirus Spread Finbold

But, the OECD has already revised its growth forecast downwards for the global economy as the virus continues spreading outside of China. The organization anticipates that the effect of the COVID-19 outbreak will be severe as elaborated in its latest Interim Economic Assessment Report. OECD projects that the outbreak will result in a 0.5% point downward revision of the forecast that it had published for global GDP growth in 2020....

January 4, 2023 · 2 min · 281 words · Edward Githens

Online Retailer Giant Mercadolibre Enables Crypto Transactions For Brazilian Clients

MercadoLibre, which also ranks as the largest Latin American company by market capitalization, rolled out the services to a section of clients in early November, Bloomberg reports. The company plans to expand the services in the coming weeks, with an official indicating that the feature was enabled after an extensive study. In general, the eCommerce retailer plans to expand the services to other Latin American countries amid rising interest in cryptocurrencies from the region....

January 4, 2023 · 2 min · 272 words · Ann Tolley

Opensea Monthly Nft Sales Nosedive 60 In Q3

Indeed, the sales of NFTs on OpenSea – the largest marketplace for digital collectibles – plummeted in the third quarter of 2022, 60% down compared to the second quarter, according to the data published by market analytics platform Cryptounfolded on October 5. As the chart demonstrates, the NFT monthly sales reached their high on January 2022, when they surpassed 4 billion, only to drop dramatically in June and continue their steady decline since....

January 4, 2023 · 2 min · 358 words · Cornelia Guebert

Over 120 Billion Pours Into Crypto Market In A Day As Bitcoin Reclaims 51K Finbold

Over the course of 24 hours, the crypto market capitalization rose from $2.26 trillion to a current $2.38 trillion, representing a gain of more than $121 billion. The price of Bitcoin (BTC) soared beyond $51,000 on Friday, December 24, as the digital asset marked the first time in nearly three weeks that it has surpassed the mark. Since the beginning of December, the cryptocurrency has been trading between a $45,000-$50,000 price range after plummeting from an all-time high of over $69,000 back in November....

January 4, 2023 · 3 min · 546 words · James Hansen

Over 70 000 Bears Get Liquidated For 270 Million As Bitcoin Shoots By 10 Finbold

Notably, the leading digital assets price has increased from $33,000 at the end of January to over $41,000 as of February 5 as some analysts predicted that certain market indicators were exhibiting signs of an upside reversal, with historical data also projecting a return in excess of $40,000. The previous 24 hours have resulted in 72,700 traders liquidated from the market, meaning a total liquidation of $270.8 million across all cryptocurrencies as per real-time liquidations of all exchanges and currencies on Coinglass....

January 4, 2023 · 2 min · 340 words · Manuel Youngdahl

Q4 Outlook For Amazon Stock Amzn What To Expect

AMZN chart and analysis Technical analysis shows a support line at $102.31 and a resistance zone from $113.41 to $116.14. Despite its poor performance in 2022, analysts rate the stock a ‘strong buy,’ with the average price in the next 12 months expected to reach $172.24, 61.12% higher than the current trading price of $106.90. Notably, out of 35 Wall Street analysts, 34 have a ‘buy’ rating, and one has a ‘hold’ rating....

January 4, 2023 · 1 min · 144 words · Louise Aikman

R Kiyosaki Says Fake Cash Stocks And Bonds Are Toast Recommends To Buy Bitcoin

In this line, author of the personal finance book ‘Rich Dad, Poor Dad’ Robert Kiyosaki has stressed that investors need to opt for Bitcoin (BTC) and precious metals, terming cash, stocks, and bonds as’ toast’ in a tweet on October 7. Global central banks ‘exposed’ According to Kiyosaki, trust in traditional finance investment products has been questioned with the global central banks‘ initiatives to curb the skyrocketing inflation. Kiyosaki cited the recent move by the Bank of England’s market intervention to stabilize the economy by announcing a program to purchase long-dated bonds....

January 4, 2023 · 2 min · 264 words · Jesse Murphy

Reddit Launches Nft Marketplace For Unique Collectible Avatars

The social news aggregation, content rating, and discussion website revealed that you do not need a cryptocurrency wallet in order to purchase them; thus, using your credit or debit card should be sufficient, and you may use the wallet product that Reddit offers in order to store them. Moreover, the social networking platform has said that it will be launching 90 unique designs, with a total of “tens of thousands” of non-fungible tokens (NFTs) being made available for purchase during this early-access period....

January 4, 2023 · 2 min · 373 words · David Oreilly

Revealed 10 Most Searched Renewable Energy Stocks On Google

Currently, the world’s demands for energy can not be satisfied by renewables; yet, the International Energy Agency (IEA) expects that 90% of global energy production will come from renewables by 2050. Meanwhile, CMC Markets shared their analysis with Finbold of Google’s ten most-searched renewable energy stocks, utilizing data from the SEO tool Ahrefs. Top renewable stocks Tesla (NASDAQ: TSLA) came in at number 1 receiving 7.87 million searches globally each month on average....

January 4, 2023 · 3 min · 428 words · Joseph Martin

Ripple Expects To End Its Case With The Sec By November 2022 Finbold

A recent document, shared by attorney Jeremy Hogan in a tweet, suggests that the blockchain payment company expects the lawsuit to end between August 26 and November 18, 2022. According to the document, Ripple has requested the rescheduling of the pending class action from the previously agreed date of August 26, 2022, to November 18, 2022, clarifying that: As stated by the blockchain company, the narrowing of the issues in the dispute due to this postponement would reduce the burden on the parties, streamline discovery in the case, as well as potentially reduce the burden on the court....

January 4, 2023 · 2 min · 352 words · Tracy Halloran

Ripple Files Opposition To Sec S Request For Excess Length Brief Regarding Hinman Documents

Court documents shared by Ripple defence attorney James K. Filan on July 22 reveal that Ripple had indeed filed its opposition after the SEC had requested permission to file a 30-page opening brief and a 10-page reply brief in support of the SEC’s Objections to Magistrate Judge Netburn’s Ruling Ordering the SEC to the disclose the Hinman Speech documents. Ripples opposition states: It added: The debate rages over the number of documents Notably, Magistrate Judge Netburn’s orders had compelled the production of a limited number of documents related to a personal speech given by the former Director of the SEC’s Division of Corporation Finance (the “Hinman Speech”)....

January 4, 2023 · 2 min · 252 words · Helen Alvarez

Ripple S Ceo Says Most Governments Are Seriously Considering Blockchain Finbold

The COVID-19 pandemic has exposed the weak points of global economies and even the biggest have not been spared. The US Federal Reserve is issuing stimulus packages worth trillions of dollars. Experts and analysts are now concerned that if this trend continues the dollar will continue weakening considerably. Garlinghouse said that the US dollar’s position will not disappear in favor of the yuan, gold, cryptocurrency, or any other asset any time soon....

January 4, 2023 · 2 min · 312 words · Margaret Johnson

Ripple S Top Lawyer Slams Sec For Offensive Use Of Unsealed Legal Memos Finbold

According to the General Counsel (GC) at Ripple, Stuart Alderoty, The 2012 Perkins Coie memoranda to Ripple’s founders shows the company’s good faith in trying to issue digital tokens without clear rules on how current governmental regulations would apply to cryptocurrencies. In short, Ripple solicited Perkins Coie’s advice “because of a firm commitment to get things right, to be on the right side of the law, to act responsibly,” Mr....

January 4, 2023 · 3 min · 437 words · Robert Woodring

Ripple V Sec Finale Attorney Names Four Possible Conclusions

Interestingly, based on the favorable ruling, several legal experts have maintained that Ripple stands a chance of winning the case. In particular, United States attorney Jeremy Hogan has predicted possible outcomes ahead of the verdict, noting that there is a chance for both parties to emerge victorious, he said in a YouTube video posted on December 9. Below are Hogan’s four possible outcomes from the Ripple vs SEC case....

January 4, 2023 · 3 min · 628 words · Albert Chaisson

Russians Will Be Limited To Purchase Bitcoin Worth 7 700 Per Year In New Proposed Law Finbold

The bill sponsored by the finance ministry recognizes Bitcoin and other cryptocurrencies as investment vehicles instead of a payment option, FXStreet reports. Russians who want to own Bitcoin will be limited to purchasing the asset capped at $7,700 per year after undergoing rigorous Know Your Customer (KYC) procedures. The draft bill proposes that investors will be required to show their understanding of cryptocurrencies before purchasing their preferred assets. Residents will be limited to purchasing Bitcoin worth $650 per year if they fail the tests....

January 4, 2023 · 2 min · 323 words · Joe Matherne

Safemoon S Vice President Steps Down From The Project

Mr. Karony announced his decision in a tweet on March 8, citing his wish to complete his college degree. In a series of follow-up tweets, Mr. Karony thanked the team at SafeMoon and the entire token community known as the SafeMoonArmy, praising their accomplishments, and promising to stay “committed to the bright future in store for SafeMoon.” He even threw in a little joke at the end: Leaving a sinking altcoin?...

January 4, 2023 · 2 min · 236 words · Cindy Mckinnon