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In this line, senior commodity strategist at Bloomberg Intelligence Mike McGlone has suggested that Bitcoin’s value has dropped to an extreme discount while maintaining that the flagship cryptocurrency remains a safe asset, he said in a tweet on September 21. Notably, the strategist pointed out that with the expected Federal Reserve policies to hike rates, investors can expect more price corrections for the rest of the year. McGlone bullish on Bitcoin Despite the extended market volatility, McGlone has repeatedly stressed that the price of Bitcoin is on course to skyrocket towards $100,000....

In particular, the flagship cryptocurrency was trading marginally higher on Friday, July 29, recording a price of $24,020 by press time with gains of almost 4% in the last 24 hours. The new milestone follows Bitcoin’s extended sell-offs when the asset faced rejection in June, struggling to sustain its value above $20,000, and has recovered nearly 20% a month later. Despite the gains, Bitcoin has dropped 48% in 2022, with the current price almost 60% off from its all-time high of nearly $68,000 in November last year....

Substantial amounts of Bitcoin stolen from the cryptocurrency exchange Bitfinex six years ago were transferred by hackers to an unknown wallet in the early hours of Tuesday, February 1. In particular, unscrupulous actors moved 10,000 Bitcoins worth more than $383 million to an unidentified wallet during Asian peak market hours, according to Twitter account Whale Alert. The entire worth of the 10,000 Bitcoin that was taken is $383,060,670, with the amount transferred accounting for 8% of the 119,756 BTC that was stolen from Bitfinex in 2016, making it one of the largest cryptocurrency hacks in history....

It appears that BNB is staying within the boundaries of the support and resistance levels, suggesting that if the present support zone continues to hold, the price will most likely continue to rise until it reaches $500. In particular, Eight Global tweeted: To be clear, support and resistance levels are displayed against Tether (USDT) in green and red, respectively. The first level of support is approximately about 440 USDT and the second level is at 398 USDT....

BNB has benefited from the 2021 crypto rally that heightened trading activities on exchanges like Binance. As a result, the price rallied from $37 at the start of the year to reach an all-time high of $690 on May 10th. However, amid renewed crackdown concerns on cryptocurrencies in China, the market suffered a bloodbath, with BNB dropping to $247 on May 23rd. The token is now on a recovery path....

Initially, the deadline was set in June 2021, as issued by the European Union. As part of Britain’s exit from the EU, the deadline was to allow the region to put in place its version of financial regulations. Under the expected new rules, there is the Britain Investment Firms Prudential Regime that covers capital requirements for investment firms. There are also some changes to the capital requirements agreed globally by the Basel Committee....

By press time, Bitcoin was valued at $23,310 after rallying over 11% in the last 24 hours, representing an almost five-month high. Indeed, the gains have culminated in Bitcoin surging by almost 40% in 2023. Elsewhere, the asset controls a market capitalization of about $438.76 billion, representing an inflow of almost $44 billion within the last 24 hours. Investor sentiment turns in favor of Bitcoin Notably, the latest Bitcoin price movement has come as a surprise considering the digital currency had struggled to break above the $20,000 level in recent months, with bulls retaining a technical advantage over bears....

Indeed, a panel of 56 fintech and cryptocurrency specialists has projected that the price of Bitcoin would increase during 2023, peaking at $29,095, and then finishing the year at $26,844, according to the results of a Finder poll shared with Finbold on January 24. What did the experts say? As Seasonal Tokens creator Ruadhan O, explained: On top of that, the panel, which, among others, also included a senior market analyst at online trading broker FxPro, Alexander Kuptsikevich, believes that BTC will soar to $77,492 by the end of 2025 and $188,451 in 2030....

Notably, the hard fork with the update promising to improve the network scalability carried on with the growth with 100 new Plutus Scripts (a Cardano-based smart contracts platform) added in two weeks since Vasil. As of September 22, the date of the hard fork update, the number of smart contracts stood at 3,292 compared with October 6 with 3,392. The figures represent an increase of 100 smart contracts in 14 days, according to data acquired by Finbold using statistics from Cardano Blockchain Insights....

In fact, Cardano, over the last month, has onboarded five new Plutus Scripts (a Cardano-based smart contracts platform) daily, going from 2,927 on July 20 to 3,092 on August 18. The figures represent an increase of 165 smart contracts in 30 days, according to data acquired by Finbold using statistics from Cardano Blockchain Insights. Furthermore, since the start of August, Cardano added up to 90 smart contracts, which averages at five new additions daily....

Named after a Bulgarian mathematician Vasil Dabov, who was also a Cardano community member, the Vasil hardfork is set for June 2022 and will introduce what is called diffusion pipelining, the company’s founder Charles Hoskinson tweeted on March 22. Cardano’s researcher Matthias Fitzi explained the concept in a post published on the company’s blog on March 21. In the post, Fitzi said that “the recent enabling of smart contracts on Cardano has led to a significant increase in user activity,” as well as the growth of “average transaction sizes....

During the third quarter of 2021, the company reported a net loss of $44.5million, or $1.35 per share, on 33.1 million weighted-average common shares issued, in contrast to a net loss of $15.4 million, or 56 cents per share, during the third quarter of 2020. Moreover, revenue increased by 41% to $65 million compared to $46.1 million in the same quarter the year before. In line with the non-GAAP metrics, the adjusted contribution was $31....

Meanwhile, auto sales, in general, in China grew by 32.1% year-on-year, reaching a total number of 2.8 million year-to-date (YTD). However, compared to July, sales were down by 1.5%, mainly explained away by the intense heatwave hitting households and businesses as well as power restrictions that interrupted production. On the other hand, compared to the same period in 2021, sales for the first eight months rose by 1.7%. Increased penetration of EVs Comparing August 2021, 321,000 vehicles sold with the numbers from August 2022 implies that the penetration of NEVs is at a record of 27....

Organic sales grew by 16% during the quarter, shooting past the expected 9.6% growth, with the highest growth seen in Europe at 20%, Middle East & Africa at 18%, and North America at 14% growth. Operating margin was 29.5% of sales vs. 30.0% last year, almost remaining flat year-on-year (YoY), while revenues grew by 11%. For the rest of the year, Coca-Cola expects to deliver 14-15% organic revenue growth. Investors seemed to like what the beverage maker posted, as shares are up 2....

Wright, who resides in the UK, is seeking access to about 111,000 bitcoin from two addresses that he does not have private keys for, Reuters reports. In the latest filing before the London High Court, Wright claims he lost the private keys following a hacking incident of his home computer in February 2020. The incident is under investigation. The case is against developers from four networks, including Bitcoin Satoshi Vision (BSV), Bitcoin Core (BTC), Bitcoin Cash (BCH), and Bitcoin Cash ABC (ABC)....

Credit Suisse is apparently looking for outside investors to raise more capital, which will be used for a spinoff. Furthermore, the capital is to be used to help fund the costs of hiring and keeping talent, according to a Bloomberg report released on October 6. Meanwhile, credit default swaps (CDS), insurance purchased against a potential default, are continuing their rise, reaching all-time highs for the Swiss lender. While on Twitter, allegations of a connection of the Swiss lender to the US financial system are rising, indicating that there is a potential systemic risk....

In this line, crypto trading expert Michaël van de Poppe opines that the flagship cryptocurrency is likely to briefly correct further before rallying again in the coming weeks, he said in a YouTube posted on September 4. Specifically, Poppe noted that Bitcoin might go to as low as $19,300 while putting the next possible high target at around $28,000 or $30,000. With Bitcoin stuck in the range of $19,000 and $21,000, Poppe noted that the situation could result in ‘liquidity grabs’ below the level....

As it happens, the carnage following the FTX drama has inflicted a grievous wound to the crypto market capitalization, bleeding it by more than $100 billion in a day, as per data retrieved by Finbold from CoinMarketCap on November 9. Specifically, the global crypto market has dropped from $983 billion to $880 billion during the previous 24 hours, which means it has lost $103 billion or more than 10% during this period and $110 billion across the week....

According to data compiled by Finbold, the number of Bitcoin millionaire addresses as of January 28 stood at 72,483, representing an increase of 44,399, or 61%, from the January 5 figure of 28,084 BTC millionaire holders. During this period, Bitcoin has surged by about 37%. As per the data provided by BitInfoCharts.com, 67,551 different addresses have a Bitcoin balance valued at over $1 million. Additionally, 4,932 addresses hold Bitcoin worth over $10 million as of January 28....

Now with CSS3, web developers are able to use any font, and be rest assured that the font will be displayed as intended. Some fonts can be freely downloaded from the Internet with flexible licensing agreements, while others can be purchased. Once you obtain the font files, you simply include the font files on your web server, and they will be automatically downloaded to the visitor’s computer as needed. These “web fonts” are defined with the @font-face rule....