Bitcoin Outperformed The Financial Markets In 7 Out Of Last 10 Years

In particular, over the last decade, Bitcoin has emerged as the best-performing asset in seven out of those ten years. Interestingly, for the three years Bitcoin failed to emerge top, the asset was the worst performing, data shared by investment strategist Raoul Pal on December 13 indicates. Some of the products outperformed by Bitcoin over the seven years include the S&P 500 index, the Dollar index, and the Fed Balance Sheet....

January 25, 2023 · 2 min · 370 words · Marilyn Overcash

Bonk Loses 100 Million In Market Cap In 8 Days Is The Hype Over

At the moment, Bonk is controlling a market cap of $38.69 million, representing a loss of about $112.25 million within eight days. The token that seeks to emulate Shiba Inu (SHIB) had a market cap of $150.94 million on January 5, according to CoinGecko data. Consequently, the selling pressure has affected BONK’s value, with the token trading at $0.00000089 by press time, representing a daily drop of over 15%. On the weekly chart, BONK is down about 100%....

January 25, 2023 · 2 min · 360 words · Mathew Fields

Bullish Sentiments In Sight For Bitcoin As U S Inflation Rises Beyond Expectations

Notably, the uptick at least twice compared to what many economists had projected. However, inflation remains in check. The gain in consumer prices like gasoline (5.3%) reflects the rebound in demand for goods and services from the jaws of the coronavirus pandemic. Based on this fact, inflation might be closer than imagined. It is worth mentioning that the pandemic might lead to economic deflationary depression or hyperinflation. The US government embarked on an ambitious stimulus program to mitigate the effects of the health crisis with crypto experts arguing that the move can act as a major Bitcoin rally....

January 25, 2023 · 2 min · 257 words · Mary Roach

Can Solana Reclaim 30 By The End Of 2022 Solusd Analysis

Despite the bloodshed in the cryptocurrency market caused by the liquidity crisis at FTX, some digital assets are starting to record modest gains, including Solana (SOL), leading analysts to try and predict its future price. One of them is a reputable pseudonymous crypto trading expert, maikisch, who observed the chart patterns of Solana and deduced that the decentralized finance (DeFi) asset “has been in a somewhat-clear diagonal down,” as he explained in his analysis on November 13....

January 25, 2023 · 2 min · 378 words · Teresa Peeler

Cardano Records 468 Growth Across All Social Channels In 2021 Finbold

The currency has gained in popularity over time. Cardano’s social media channels have grown in parallel with its price, with the total number of ADA social channels surging by 468 % year over year. As a result of this rise, ADA currently has a total social audience of more than 3.2 million followers across its community. Notably, the largest increase was observed on the Twitter page, which saw a 492 percent increase to 1....

January 25, 2023 · 3 min · 474 words · John Schut

China S Real Estate Crisis Intensifies As Another Developer Misses Payment Deadline

It was revealed to the Hong Kong stock exchange that the Shenzhen-based property developer had not made the dollar bond payment due on October 4. Fantasia had previously stated that it had “sufficient working capital and no liquidity issue.” Additionally, property management business Country Garden Services Holdings reported a unit of Fantasia failed to repay a $108 million loan that was also due on Monday, resulting in the company issuing a notice of potential default....

January 25, 2023 · 2 min · 383 words · Philip Green

China S Underground Bitcoin Mining Operations Are Thriving Despite Ban Data Shows

Previously China had been a major hub for Bitcoin mining and according to statistics released by the Cambridge Centre for Alternative Finance (CCAF) on Tuesday, May 17 it has once again re-emerged as a key player, as reported by the South China Morning Post. Traffic from China contributed to around 20% of Bitcoin’s overall hash rate from last September last year to January. In July, evidence revealed that activity had dropped to zero as a result of a prohibition on mining enacted in May of last year....

January 25, 2023 · 2 min · 327 words · Cathy Campbell

China Starts Taxing Crypto Investors And Bitcoin Miners 20

Specifically, a number of crypto whales, miners, and other investors have said they were being audited by their local tax departments over personal income tax, starting in early 2022 and still awaiting the results, Colin Wu reported on January 25. According to the report, this represents the implementation of a 20% personal income tax on investment profits or individual cryptocurrency investors and many Bitcoin (BTC) miners after several major domestic exchanges handed to the tax authorities extensive information about some of the whales’ transactions....

January 25, 2023 · 3 min · 442 words · Guillermina Gutierrez

Chinese Yuan Down To Lowest Since 2007 As Xi Ensures His Reign For The Foreseeable Future

Namely, traders were looking for a haven play; with gold and most other assets not providing such a place, a rush to the US dollar took place. Furthermore, a power play by China’s president Xi during the communist party congress wrapped up on October 22 ensures his reign for the foreseeable future, further depressing the yuan. Welt’s Holger Zschaepitz took to Twitter on October 23 to proclaim that the yuan had just hit its lowest level since 2007....

January 25, 2023 · 2 min · 298 words · Ricky Williams

Cruise Line Stocks Have A Limited Upside Potential Despite Recent Surge

The increasing pace of bookings during the December quarter and strong forecasts for the cumulative advanced bookings for the first half of 2022 added to investor’s sentiments. Future prospects are pricing into cruise line stocks The overall sentiments rose significantly in the past couple of weeks for reopening sectors like hotels, amusement parks, and casinos. Cruise line stocks rally has also been backed by investor’s buying strategy ahead of reopening....

January 25, 2023 · 2 min · 383 words · Francis Roberts

Crypto Community Sets Cardano Price Projection For July 31 2022

Given the extremely bearish nature of the cryptocurrency market in recent months, many investors are evaluating Cardano (ADA), the biggest Proof-of-Stakes (PoS) asset, to determine the best entry price. In particular, the CoinMarketCap community has estimated that the ADA token would trade at an average price of $0.88 by the end of July 31, 2022, according to the ‘Price Estimates’ feature, which allows users to speculate on the future pricing of cryptocurrencies....

January 25, 2023 · 2 min · 328 words · Ruby Monday

Crypto Community With Over 90 Historical Accuracy Sets Bitcoin S Price For Jan 2022 Finbold

The CoinMarketCap.com cryptocurrency community that has registered a historical accuracy rate of 90.75% in predicting Bitcoin’s price has projected that the asset will trade at around $52,600 in January 2022 with 110,447 votes. Furthermore, 77,201 community members also project a minor correction of the asset back to $51,560 in February next year. Why Bitcoin’s might slightly recover in January Despite Bitcoin recording a turbulent end to the year, investors expect prices to recover and eventually reach new highs....

January 25, 2023 · 2 min · 387 words · Josef Collins

Crypto Focused Bank Silvergate Revenue Soars 90 Despite Declining Institutional Interest

Indeed, the company that facilitates crypto exchanges and institutional investors to transfer U.S. dollars and euros through its Silvergate Exchange Network (SEN) saw its revenue rise by 93%, and its net income by 94% during the first three months of 2022, according to the report published by the bank on April 19. Institutional interest takes a dive At the same time, the increase in revenue has accompanied a dipping institutional interest reflected in a drop in SEN transfers to $142 billion in Q1 2022....

January 25, 2023 · 2 min · 269 words · Johnie Campbell

Crypto Market Cap Slides Under 1 Trillion As 40 Billion Leaves Market In 24 Hours

In particular, the total crypto market capitalisation as of July 26 stood at $966 billion after recording outflows of $41 billion or a drop of 4% in the last 24 hours, according to CoinMarketCap data retrieved by Finbold. Selling pressure back in the crypto market The drop in market capitalisation indicates a selling pressure is back in the broader crypto sector with Bitcoin plunging to a weekly low of $21,000....

January 25, 2023 · 2 min · 319 words · Marcos Leonard

Cryptocurrencies To Watch For The Week Of December 26

However, there remains an interest in how selected cryptocurrencies will end 2022, as their price movement will give a glimpse of what to expect from next year. Therefore, here are five cryptocurrencies to watch for the week of December 26. Bitcoin (BTC) Following the recent Bitcoin (BTC) gains induced by the positive macroeconomic news, the maiden digital asset has plunged to trade in the now familiar zone of below $17,000....

January 25, 2023 · 5 min · 984 words · Julia Tickle

Css Display And Visibility

Visibility Property The visibility property can be used to show or hide elements. You should note that if you set the visibility property to invisible, the element still occupies the space on the page. If you want to make an element invisible and not take up space on the page, use the display property and set the value to none. The visibility property can be assigned the following values: visible (default), hidden, collapse (for tables only), and inherit....

January 25, 2023 · 2 min · 320 words · Gail Musumeci

Css Shorthand Properties

For example, if you needed to style your fonts and you wanted to apply a font-size, line-height, font-weight, font-style, and font-family, you would need to have at least 5 lines of CSS. If you use the shorthand font property you can reduce this to one line of CSS. Shorthand Properties There are a several CSS shorthand properties. Do not be too concerned about the property details listed in this article....

January 25, 2023 · 1 min · 98 words · Gil Hagar

Currency Com Reveals Failed Russian Cyberattack After Leaving Russia Last Week

It was announced on April 17 that the cyber-attack was infective and that Currency.com’s servers, cyber security systems, and all customer data were not compromised as a result of the failure of a ‘distributed denial of service (DDoS)’ cyber-attack against it on Tuesday, April 12. A DDoS attack occurs when hackers assault a platform with numerous requests for its services, causing the platform’s infrastructure to break down. Ukraine’s President, Volodymyr Zelensky, has previously said that Russian hackers had attacked the country’s military ministry and financial sector with DDoS operations....

January 25, 2023 · 2 min · 239 words · Yolanda Barnett

Dbs Ceo Expects Bank To Launch Crypto Trading Desk For Retail Users By Year S End Finbold

When asked about the platform during an earnings call after releasing their fourth-quarter results on Monday, February 14, CEO Piyush Gupta acknowledged that there is still more work to be done, but the bank estimates that it will be operational by the end of 2022. He added: Improving the efficiency of the trading desk Furthermore, the CEO said that the bank would devote its first half of this year to improving the ease with which current clients may use the digital assets trading desk....

January 25, 2023 · 2 min · 224 words · Stanley Hagar

Disney Hits 87M Subscribers With A Focus To Hit 350M By 2024 Finbold

In October, the company had projected to have an estimated 60 million to 90 million Disney+ subscriptions by 2024. Currently, Hulu has 38.8 million subscribers, while ESPN+ has 11.5 million paid users. During a four-hour virtual extravaganza on Thursday, Disney further projected an increase in the production costs to about $9 billion by 2024. In this case, the company is expecting operating losses. To cover the deficit, Disney plans to raise its monthly subscription fee by $1 each for Disney+ to $7....

January 25, 2023 · 1 min · 199 words · Joann Hall