New Median Home Prices In The U S Are 6 5X Higher Than Average Household Income

Notably, Finbold recently reported that data for March 2022 showed the median price of existing-home sales surged over 30% in just two years. Now, founder and CEO of Compound Capital Advisors, Charlie Bilello illustrated the point on Twitter on April 26: After continuing to acquire mortgage bonds and keep interest rates at 0% for more than two years, the Federal Reserve was ultimately responsible for creating the second housing bubble in the last two decades, according to Bilello....

January 26, 2023 · 1 min · 208 words · Roland Redding

Paraguay Approves Legal Framework To Regulate Crypto Mining And Trading

Indeed, Paraguay’s second chamber of Congress (the Chamber of Deputies) has approved, with a 40-12 vote, a bill that would regulate cryptocurrency mining and trading, with certain modifications. The entire session was streamed on YouTube on May 25. Now that the Chamber of Deputies has adopted this legislative framework, the bill will go back to the Senate, which originally passed it in a similar form in December 2021. After it goes to the Senate, the body has to approve the changes, and then the approved bill will proceed to the executive branch....

January 26, 2023 · 2 min · 349 words · Robert Perez

Pip Review 2023 Social Crypto Payments Fees Pros Cons

Take, for instance, a blogger on the Medium website; they could use PIP to set up paywalls and accepts payment in SOL, PIP, SRM, USDC, RAY, and FIDA tokens directly without using an intermediary. The crypto payments service promises to disrupt the current online payments landscape dominated by companies such as PayPal and Stripe and increase economic freedom globally by empowering individuals. To enable self-custody and autonomous payment processing, PIP works with self-hosted wallets such as Phantom or Slope wallets, two of the leading Solana-based crypto wallets....

January 26, 2023 · 11 min · 2299 words · Janet Vazquez

Ripple General Counsel Warns Sec Case Will Significantly Impact Crypto Future In U S

Amid the uncertainty around the lawsuit’s outcome, Ripple’s General Counsel, Stuart Alderoty, has warned that the ruling could have a far-reaching impact on the United States crypto industry, he said in a tweet on January 18. Alderoty made the remarks in response to a Bloomberg report indicating a tussle between which U.S. entity should regulate the crypto space. Notably, there needs to be more clarity between the SEC and Commodity Futures Trading Commission (CFTC) on who should oversee the growing industry....

January 26, 2023 · 2 min · 380 words · Ashley Lane

Robinhood Crypto Fined 30 Million For Alleged Anti Money Laundering Violations

The financial regulator for the state of New York announced on August 2 that Robinhood Crypto LLC had failed to maintain and certify compliant anti-money-laundering and cybersecurity measures, according to a report published by The Wall Street Journal. As part of the terms of the consent order, Robinhood will also be obliged to hire an outside consultant to review the extent to which the company complies with the requirements imposed by the NYDFS as well as its remedial efforts....

January 26, 2023 · 2 min · 283 words · Pete Wiren

Russia S Gold And Forex Reserves Hits Record High Amid Intense 2021 Finbold

As per the regulator, the weekly increase in the country’s overseas reserves was $4.2 billion in monetary terms. A planned purchase of foreign currency, along with a favorable market re-evaluation, is said to have triggered the spike. The reserves hit a new high of $626.3 billion in the last month, representing a weekly increase of $4.1 billion, according to the most recent figures from the Russian Central Bank. The Central Bank of Russia and the government have access to Russia’s international reserves, which are highly liquid foreign assets consisting of monetary gold, foreign currencies, and special drawing rights, notably Russia has the fifth-largest foreign exchange reserves in the world....

January 26, 2023 · 2 min · 382 words · Antonio Pierce

Russia To Launch National Crypto Exchange In Bid To Control Digital Assets

Indeed, the lower house of the Federal Assembly of Russia, also known as the State Duma, has begun working on the regulations for the creation of an official Russian crypto exchange, the local news outlet Vedomosti reported on November 23. Specifically, the regulations the Duma deputies are developing refer to a draft amendment which will be preceded by the creation of a document taking into account the position of the market, after which it will be submitted for discussion to the government and the Bank of Russia....

January 26, 2023 · 2 min · 294 words · Thelma Rupp

Russians Dormant Bitcoin Wallets On A Steady Rise For The Last 18 Months Finbold

However, recent data suggests that citizens are in no hurry to play the market as investors prefer to store crypto rather than speculate with up to 60% of Russians’ crypto wallets in a “dormant” state, according to Kommersant, citing a report by the MEXC cryptocurrency exchange. Market players attribute this to the notion of cryptocurrencies being long-term investments, although rigorous market regulation also plays a role in discouraging investment in digital assets....

January 26, 2023 · 2 min · 359 words · Mary Hart

Saudi Aramco Issues Statement On Bitcoin Mining Activity Btc Drops Below 40K

Indeed, speculation the Middle East’s largest oil firm was interested in mining Bitcoin, according to Investing.com, cited information supplied by Brazilian Bitcoin miner Ray Nasser during an interview on the Bitconheiros YouTube channel. In brief, the report claimed that instead of disposing of oil mining by-products, Aramco might employ it for money-making activities by mining digital assets using the surplus gas from oil extraction. Bitcoin trades slightly lower Monday The largest cryptocurrency increased for the 11th day in a row on Sunday, reaching $42,606, its highest level since May 18....

January 26, 2023 · 2 min · 326 words · Leigh Miller

Senior Commodity Strategist Suggests 20K Bitcoin May Be The New Bottom

Notably, through a Twitter post on June 15, Bloomberg Intelligence senior commodity strategist Mike McGlone noted that the current price of around $20,000 should be viewed as the new $5,000. According to McGlone, the decline is normal as Bitcoin is still experiencing adoption while its supply diminishes. Bitcoin might outperform all assets In the past, McGlone has maintained a bullish stand on Bitcoin, stating that the asset would recover to emerge as a critical investment product....

January 26, 2023 · 1 min · 209 words · Arnold Broussard

Service Location Srv Resource Records

Active Directory clients and domain controllers use SRV records to locate AD related services as well as other functions. Additionally, SRV resource records can be used to locate non-AD services and applications. Here is an example of a SRV Resource Record. The SRV Record Components In this example, the information in this record states that if a client is searching for a LDAP server in the itgeared.comdomain, the client should connect to SERVER1....

January 26, 2023 · 1 min · 97 words · Helen Pate

Shib Is The Most Viewed Cryptocurrency On Coinmarketcap In 2021 Btc Ranks 2Nd Finbold

Indeed, the decentralized token built on the Ethereum network is the most viewed digital asset among the top 200 cryptos with 188,019,378 views as of December 25, on CoinMarketCap, a cryptocurrency tracker used for checking real-time coin prices, volume, and the supply of coins. Elsewhere the markets-leading digital asset Bitcoin (BTC) is in second place with 145 million views. In comparison, the original dog coin and SHIB rival Dogecoin (DOGE) is ranked third with over 107 million views....

January 26, 2023 · 2 min · 309 words · Robert Clark

Shib Surges 33 In A Week As 3 5 Billion Infused Into Shiba Inu S Market Cap Finbold

Currently, the meme token is trading at $0.00002752, up an enormous 22.97% in the last 24 hours and a total of 33.78% across the previous seven days. As a result of a sharp price surge, SHIB’s market capitalization also increased by about $3.5 billion in the previous week, rising from $11.43 billion on February 1 to $14.99 billion on Monday, February 7. SHIB recently lost holding addresses Earlier this month, Finbold revealed that between January 28 and February 3, 2022, SHIB lost 4,223 holding addresses, bringing the total number of holding addresses down to 1,161,661, according to statistics from CoinMarketCap....

January 26, 2023 · 2 min · 405 words · Francis Arnold

Shop Remains Unfazed Despite Shopify S Announcement Of A 10 To 1 Stock Split To Attract Retail Investors

If the shareholders approve the first stock split in the company’s history, it will go through on June 22. CEO Tobi Lutke would manage to preserve his voting power through a special provision that will be part of the stock split deal. After Covid enforced lockdowns, Shopify’s business surged due to consumers being forced to shop online. This paradigm shift was also reflected in the latest earnings report, which showed that revenue grew by 41% compared to the same quarter in 2020....

January 26, 2023 · 2 min · 253 words · John Johnson

Solana Records Over 5 5 Billion Inflows In A Day Following Turbulent Week Finbold

Indeed, the market value of the world’s fifth-largest cryptocurrency increased from $51.17 billion to $56.76 billion in only 24 hours on December 16, according to CoinMarketCap. To be precise, SOL added $5.59 billion over the period, although at its lowest point in the last day, Solana’s market cap was $48.67 billion before its upwards move. Currently, Solana is now trading at $183.71, up 10.3% in the last 24 hours, although it is still down 2....

January 26, 2023 · 3 min · 464 words · Melinda Tarvin

Spain To Begin Regulating Bitcoin Ads Next Month Finbold

Following the approval of the draft of the Comisión Nacional del Mercado de Valores (CNMV) by the council of state in December, it is anticipated that the regulations will be published in their entirety on Monday, January 17. The document containing the advertising standards might be released this week, with the laws expected to take effect within a month, according to sources from a local Spanish media outlet, La Información....

January 26, 2023 · 2 min · 409 words · John Thomas

Study Reveals 40 Of U S Cryptocurrency Owners Forget Their Passwords

According to the survey “Coin Storage Security: A Closer Look at Crypto Storage and Passwords,” 39.7% of cryptocurrency owners had forgotten their password at some point. Nevertheless, 95.6% of individuals who lost access to their crypto assets were able to recover their credentials, with 85.7% using a recovery service. On average, those who couldn’t retrieve their passwords lost around $2,000. Indeed, the research reveals: The survey in numbers As per the poll results, one out of every ten cryptocurrency owners believes their passwords are now unsafe; it’s estimated 83% of Americans use weak passwords....

January 26, 2023 · 2 min · 294 words · Jared Mitchell

Survey Institutional Investors Believe Cryptocurrencies Are Viable Asset Class During Covid 19

In cooperation with independent research company PureProfile, VALK interviewed 100 professional investors working for institutional investors, hedge funds, fund managers, pension funds, investment banks, private equity, and venture capital in the UK, US, France, Germany, Hong Kong, Singapore, Australia, and Brazil in October 2021 Its study among professional investors working in eight major economies for institutions holding more than $1 trillion in assets under management in total, found a third (33%) have invested in crypto assets for the first time recently while 55% have increased their allocation to crypto....

January 26, 2023 · 2 min · 284 words · Michelle Joseph

Terra S Do Kwon Denies He Is On The Run After Issuance Of Arrest Warrant

Kwon has alleged that he is ready to cooperate with any state agency interested in talking to him while maintaining that he has nothing to hide, he said in a tweet on September 18. Kwon expressed adamance in revealing his whereabouts but stated that he was in the process of working on defending himself in different jurisdictions. With the lingering arrest warrant, Kwon blasted entities interested in knowing his location while insinuating it was an invasion of privacy....

January 26, 2023 · 2 min · 273 words · Karl Malone

Tesla Sells 64 Less China Made Vehicles In July As Tsla Remains Flat

Apparently, weaker production figures were caused by upgrades made to the production line. Further, out of the 28,217 vehicles, 19,756 were exported while the remaining 8,461 were delivered to local customers; notably, models 3 and Y are the ones being produced in China. On the whole, Tesla China’s cumulative wholesales were 322,974 units, an increase of 65.87% compared to the same period last year when the EV giant sold 194,711....

January 26, 2023 · 2 min · 301 words · Sue Simpson