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In particular, 87% of retailers in the U.S. are of the opinion that businesses that accept digital currencies have a significant edge over their rivals in the market, according to a survey titled ‘Merchants getting ready for crypto’ published by Deloitte on June 8. While 93% of businesses presently accepting crypto as a payment method report good consumer KPIs, including customer base growth, revenue increases and brand impression. Merchants are more positive about crypto than expected Small and medium-sized businesses (SMBs) may be expected to be less optimistic about the acceptance of digital currency payments, yet the majority of SMBs polled expect the adoption of digital currency payments to benefit their firms as per the report....

About Pionex Pionex is a cryptocurrency exchange based in Singapore that was established in 2019, offering 16 free in-built automated crypto trading bots, allowing both beginner and experienced traders to trade around the clock. In addition to simplifying the trading process, having a cryptocurrency exchange that has its own operational crypto trading automation technologies assists users in optimizing the execution of cryptocurrency deals. The burden that would otherwise need hours of laborious and monotonous work is offloaded and reduced to a few minutes of monitoring, if any, by effectively using the free cloud-based crypto bots....

The network’s utility token DOT has also emerged as one of the most successful digital assets over the past year, gaining prominence amid the DeFi boom. The price of DOT is now staging a recovery from the monthly low of $13.64 recorded on May 23 amid wide-scale market volatility. Previously, DOT also recorded another drop in value on May 19 alongside most altcoins. The price correction halted DOT’s momentum towards $50....

As it happens, Polygon has added 42,869,034 unique addresses to its chain between June 7 and November 7, 2022, according to the data retrieved by Finbold from the Polygon network explorer PolygonScan on November 8. In other words, the Proof-of-Stake (PoS) network was adding over 280,000 unique addresses per day on average, growing by around 30% during the period of five months, as data demonstrates. MATIC price analysis At the same time, Polygon’s native token MATIC has been recording major increases, with its price growing 27% on the week, adding up to the monthly gains of 40....

Indeed, in what proved to be an interesting sociological and behavioral overview (among other things), the study carried out by a group of authors from Texas higher education institutions revealed that these pioneer Bitcoin miners, or as the study calls them, ‘agents,’ mined most Bitcoin between January 3, 2009, and February 9, 2011. As per the text: Notably, some of these top ‘agents’ include the famous Satoshi Nakamoto, aka Agent #1 – the largest agent, the infamous ‘Dr....

Reverse Mortgage: Is It For Me? Reverse mortgages are great for people in need of extra cash or those looking to consolidate debt or reduce their monthly payments. Funds received from reverse mortgages are entirely tax-free. You can repay the loan at any time. Generally, you will need to start making repayments if you sell the house attached to the reverse mortgage loan or your surviving partner dies. However, be aware that the reverse mortgage loan can still be voided if you break any of the loan conditions that you have agreed once you signed the loan....

Revolut users will now buy and sell Cosmos, New Kind of Network, Polygon, Algorand, Celo, Brand Protocol, Chainlink, and Tello. The addition brings Revolut crypto offerings to almost 30 digital currencies. However, the exact digital assets were not named on Twitter. To retrieve the list of newly listed cryptocurrencies, users have to update the Revolut app. So we did it, and here’s an official list: In April, Revolut added 11 more cryptos on the platform, including Cardano, Uniswap, Synthetix, Yearn Finance, Uma, Bancor, Filecoin, Numeraire, Loopring, Orchid, and The Graph....

Ripple claims that the SEC’s insistence on hiding the identity of the witnesses is both unprecedented and not supported by any evidence, the company said in a letter to U.S. District Judge Analisa Torres on July 10. Ripple’s argument According to Ripple, the judge should dismiss the SEC’s request claiming that the regulatory agency is attempting to suppress public criticisms of its experts’ opinions. Ripple added that the said SEC experts might not have any confidential information....

In a blog post published on November 9, Ripple indicated that Liquidity Hub would initially support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ethereum Cash, and XRP. In addition to plans to add more digital currencies, Ripple Liquidity Hub also intends to roll out staking and yield generating functionalities. According to Ripple, the Liquidity Hub aims to accelerate the shift to cryptocurrencies by offering a platform that supports the effective purchase of digital currencies....

Speaking with Squawk Box on April 18, CNBC auto industry analyst Phil LeBeau said that the EV firm is “slowly improving” after dismantling an old Mistubishi plant and installing three manufacturing lines. Robert “RJ” Scaringe, the founder and CEO of Rivian, added that “the production lines, the supply chains, they are improving.” This is something LeBeau stated was crucial to note when reviewing the stock over several months: as expectations for output were far greater than the actual numbers received....

Indeed, Roskomnadzor (RKN) – the Russian Federal Service for Supervision of Communications, Information Technology and Mass Media, blocked the website of a Russian crypto news site, Bits.media, for users of most major Russian providers, the outlet confirmed on June 30. As it happens, the portal’s editors discovered that the reason for the blocking was the decision of the Volzhsky District Court of the city of Saratov that five internet addresses contained “information promoting money laundering....

The Empower Oversight is leading investigations against the regulator, having submitted a request seeking communication between SEC officials, their current and former employers. Empower Oversight, a nonprofit, nonpartisan educational organization for enhancing independent oversight, submitted the request through the Freedom of Information Act (FOIA). The organization is requesting communication around the lawsuit with individual defendants also targeted. In a letter [PDF] to the FOIA, Empower Oversight noted that the communication involves former high-level officials at SEC....

Ouster expects to earn proceeds of up to $300 million from the deal as the company projects revenue of almost $19 million in 2020. Compared to companies in the space, Ouster is among the few generating revenues hence the interest from Colonnade. The startup which has been in operation for five years previously raised $142 million from private market investors. The investment round attracted Cox, Silicon Valley Bank, and Fontinalis....

Indeed, @CerbulBTC earlier indicated that after realigning the descending trendline with the Solana high-lows, which became more apparent over the past three to four days, a breakout with confirmation above the line might drive SOL to the $180 target. The renowned crypto trader then provided his latest SOL update following the breakthrough, identifying the next entry point at $134. Still, he confirmed he intends to accumulate more when the price dips pointing out that there is not a lot of solid support between $82 and $120....

Indeed, the Seoul Southern District Prosecutor Office’s Joint Financial and Securities Crime Investigation Team has recently imposed a departure ban on Mr. A as part of their investigation, South Korean media outlet JBTC reported on June 20. According to the report, Mr. A told the outlet earlier that he talked to Do Kwon, the Terraform Labs CEO, who allegedly told him that he had “made enough money to buy an island....

The Swedish firm reached 365 million monthly active users (MAUs) in the second-quarter results, up 22% year-on-year (YOY). While 22% growth is certainly impressive, it fell short of its stated target of 366-37 million MAUs. Besides that, the remainder of the company’s financial performance beat expectations, with overall revenue increasing by 23% YOY. Since its earnings report in July, the company has been on a rocky road, and over the last month, SPOT has traded in a pretty wide range of $222....

Observing the activities of the S&P 500 Index and Bitcoin side by side, it becomes evident that the flagship digital asset is following the downward pattern of the stock market, as crypto trader and analyst Josh Rager noted on November 15. As he explained, “the biggest concern at the moment for BTC is the stock market,” as: According to Rager’s earlier tweet: Trading volume soars despite declining price Meanwhile, the largest decentralized finance (DeFi) asset’s trading volume has hit an eight-year high representing the highest volume in history, despite the continuous downtrend of Bitcoin’s price....

Speaking to Kitco news, Oakley indicated that the biggest risk facing investors right now is the unsustainable stock market valuations that will eventually revert. According to Oakley, the valuation risk will continue to push the stock market to correct by about 50%, which he says won’t be a surprise. He further warned that despite the bear market experienced last year, investors had not felt the exact effect of the situation because it was short-lived....

Warrants and stock rights are two alternatives for companies to raise additional capital. Both give the holder the right, but not the obligation, to purchase common shares of stock directly from the company at a predetermined price for a fixed time period. Importantly, existing shareholders can do so preemptively before shares are sold to the public in an effort to preserve their ownership percentage. Stock warrant definition Related reads:What is Value Investing?...

The three major U.S. indices ended the day lower on Thursday, with the S&P 500 and Nasdaq both posting their largest declines in four weeks. Tech stocks, which have been on fire recently, have started to see selloffs as traders take profits off the table. The S&P 500 lost 2% yesterday in a fall to 3219 points at the time of writing, while Dow Jones Futures also slumped early Friday following recent highs....