Doge Is The Most Searched Cryptocurrency In The U S Followed By Bitcoin Shib Ranks 4Th

According to the analysis of Google Trends data conducted by crypto experts at Coin Insider, the dog meme coin Dogecoin (DOGE) is the most searched-for token in 23 states, including Illinois, Hawaii, New Jersey, and Florida. Meanwhile, fellow meme cryptocurrency Shiba Inu (SHIB) ranks in fourth place, as users in seven states searched for it the most, including New York, Texas, California, and Nevada. Bitcoin (BTC), the largest cryptocurrency by market capitalization, was the second most searched cryptocurrency....

January 31, 2023 · 2 min · 348 words · Debra Buckner

Doordash Stock Surges 16 After Wolt Acquisition Announcement

The $8.1 billion all-stock deal comes as the company ventures into groceries and retail. DoorDash is expected to finalize the acquisition during the second half of next year, as per the press statement. The arrangement will see Wolt CEO Miki Kuusi manage DoorDash International. The acquisition offers DoorDash an opportunity to expand in the U.S. market, with Wolt focusing on the global market. The development can be viewed as a positive outlook for the stock after the company reported its quarterly results....

January 31, 2023 · 2 min · 307 words · Daisy Staplins

Elon Musk Launches A 43 Billion Hostile Takeover Of Twitter How Will Dogecoin React

In a filing with the Securities and Exchange Commission (SEC) on April 13 that believe Mr. Musk believes Twitter has the “potential to be the platform for free speech around the globe.” Twitter confirmed today (April 14) the receipt of the unsolicited, non-binding proposal from Musk to acquire all of the company’s outstanding common stock with the Twitter Board of Directors set to carefully review the proposal at 10 am Eastern Time (ET)....

January 31, 2023 · 3 min · 443 words · George Dunkle

Eth 2 0 Contract Deposits Hits An All Time High With A Value Of Over 33 Billion

As of December 15, 2021, the total ETH 2.0 deposit contracts had attained a new all-time high of 8,662,786 ETH, data provided by Glassnode indicates. Based on Ethereum’s price of $3,864 at press time, the deposit value stands at $33 billion. The deposit contract is where Ethereum investors are sending their ether if they want to stake on the network, and the staking attracts rewards of up to 23%. The upgrades are in line with Ethereum’s ongoing transition towards changing the network to a proof-of-stake....

January 31, 2023 · 2 min · 307 words · Isaac Brennan

Ethereum Price Is On Pace To Decline Relative To Bitcoin For The First Time In 7 Weeks

Indeed, Ethereum is on a pace to decline relative to Bitcoin for the first time in seven weeks, based on the Ether-Bitcoin cross rate weekly change, Bloomberg’s chief economist, strategist, and top forecaster Christophe Barraud revealed on August 18. That said, the second-largest token has received a dramatic boost from the hype around its upcoming Merge upgrade that is slated for mid-September and will officially mark the network’s transition from the Proof-of-Work (PoW) consensus to Proof-of-Stake (PoS)....

January 31, 2023 · 2 min · 283 words · Kayla Hirko

Hong Kong Thieves Bag 500K In Fake Bitcoin Transaction Finbold

The victims, who are employees of Tsim Sha Tsui currency exchange, intended to buy bitcoins using the money at a shop along the King’s Road, SCMP reports. A police source indicates that the shop was operated by the two suspects who posed as bitcoin sellers. Upon presenting the money, the two employees got suspicious about the handling of the transaction. Preliminary investigations indicate that the bitcoin transaction was organized by an unnamed middleman....

January 31, 2023 · 1 min · 207 words · Mary Boyd

Jpmorgan Acquires Uk Investments Firm To Support Bank S Fintech Venture

In a statement, Nutmeg acknowledged that the deal supports JPMorgan’s plans to launch a digital banking platform in the UK later this year. Before the deal is finalized, it will undergo the relevant regulatory approval. According to Nutmeg, the company will form the base for JPMorgans’ digital bank retail wealth management. Currently, Nutmeg serves over 140,000 clients with at least £3.5 billion in assets under management. The company offers several investment accounts, including ISAs, pensions, and general investment accounts....

January 31, 2023 · 2 min · 222 words · Catherine Inman

Microsoft Injects 27 Million Investment In Crypto Startup Palm Nft Studio

In a press release, the startup indicated that the funding would be channeled towards scaling its team as it expands its services across entertainment, fine art, gaming and creative culture. The company singled out the ongoing development of Palm NFT Studio’s technology platform, which allows convenient development and rollout of large-scale NFT drops on the Palm Network. According to Dan Heyman, Co-Founder and CEO of Palm NFT Studio, the focus on establishing the company’s structure is in line with the projected growth of the NFT space....

January 31, 2023 · 2 min · 249 words · Jayne Miller

Multiple Korean Banks Under Probe For 6 5 Billion Worth Of Suspicious Transactions

As it happens, the Korean Financial Supervisory Service (FSS) has discovered an additional $1 billion, and more was transferred in a series of suspicious transactions, bringing the total value of these transfers up to $6.5 billion, local news outlet Korea JoongAng Daily reported on August 15. Details of the investigation According to the report, a large part of this amount was transferred from a yet undisclosed crypto exchange, after which it was transferred overseas, including to Hong Kong, Japan, the United States, and China....

January 31, 2023 · 2 min · 273 words · Johnnie Ragland

Number Of Addresses With Over 1 Bitcoin Hits All Time High Amid Volatile Market

In particular, as of August 10, the number of Bitcoin addresses with over 1 BTC surged to an all-time high of 894,303, data by cryptocurrency analytic platform Glassnode indicates. Investors accumulating in the dip It is worth noting that Bitcoin is relatively expensive for most investors to acquire as a whole and the recent market crash appears to have presented an opportunity to buy the asset. Notably, since Bitcoin’s all-time high of almost $68,000 in November 2021, the asset has corrected by over 65%, presenting a buying opportunity....

January 31, 2023 · 2 min · 250 words · Glenn Minick

Number Of Ethereum Addresses In Profit Drops To 21 Month Low With Over Half In A Loss

Indeed, the percentage of Ethereum addresses in profits is at its 21-month low, standing at 66.77% at press time, as revealed in a tweet by Glassnode’s on-chain alerts account on May 10. At the same time, the chart indicates that over 33% of Ethereum addresses are holding their ETH tokens at a loss. According to Glassnode, the last time such figures were recorded was more than one and a half years ago – on October 8, 2020, when the percentage had dropped to its 21-month low of 66....

January 31, 2023 · 2 min · 304 words · Charles Nevarez

Nyse Confirms Mutual Funds Flocking To Convert To Etfs Amid Global Momentum

Douglas Yones, Head of Exchange Traded Products at NYSE, told the Traders Magazine that ETFs carry more benefits for mutual funds that will opt for a swap, and the exchange has systems in place to offer guidance. The official notes that the targetted mutual funds already have significant assets under management that will perform well as ETFs. Yones says that by turning to ETFs, funds would enjoy added benefits such as reduced operating expenses while leveraging on the model for an asset manager....

January 31, 2023 · 2 min · 328 words · Robert Masterson

Op Ed Why The Market May See Omicron Variant As Good News Rather Than A Threat Finbold

The first case of Omicron was announced on November 24th by South Africa, with the first positive sample dating back to November 9th. We could call this sequence of events as happening at “warp speed,” and it is a very different reaction from when the Covid-19 first emerged at the end of 2019. Despite how well we think about our ability to be rational, human beings usually overestimate their rationality and underestimate their bias....

January 31, 2023 · 5 min · 1007 words · Larry Chernoff

Revolut Acquires Point Of Sale Business Nobly At An Undisclosed Fee

In a press statement, Revolut noted that the Nobly business, which provides technology for the hospitality industry, is currently being integrated into the fintech’s payment hardware. With the integration, the platform will enable both online and offline payment processing. The acquisition aims to allow Revolut Business hospitality customers to open a digital account, issue cards, manage and sell their products, and accept payments from one unified platform. According to Revolut CEO Nik Storonsky, the ability to manage payments from a single place was among the drivers for the acquisition....

January 31, 2023 · 2 min · 288 words · Victoria Rivera

Ripple Acquires Stake In Nft Marketplace Mintable During The Latest 13 Million Fundraise

The NFT marketplace, backed by American billionaire Mark Cuban, stated that Mintable would use the money to extend platform support for more blockchains. The platform claims to be the first to deploy a unique gas fee minting function that allows developers to create their own NFT, allowing content creators to reap the full benefits of these tokens without having to pay exorbitant transaction costs. NFT frenzy continues Consumers spent $54 billion on NFTs in 2020 alone....

January 31, 2023 · 1 min · 169 words · David Jeter

Salesforce Stock Rally 14 Amid Robust Outlook Finbold

Its second-quarter revenue of $5.1 billion jumped 29% year over year, topping analysts’ consensus estimate by $200 million. The revenue growth is driven by an increase of 29% in subscription and support revenues while professional services and other revenues came in at $0.31 billion. On top, its earnings grew substantially compared to the past year period and topped analysts’ expectations by $2.86 per share. The company forecast third-quarter revenue in the range of $5....

January 31, 2023 · 1 min · 176 words · Mary Jackson

Small Businesses Qualify For More Funding White House Says Finbold

In that context, banks in the United States insist that the administration did not offer enough guidance on how to implement the “Paycheck Protection Program”. Banks also stated that the Small Business Administration system for processing applications has malfunctioned. While speaking to POLITICO, Kudlow defended the implementation of the program that has encountered challenges since the enactment of the $2 trillion economic rescue law. This law was designed to mitigate the devastation of the coronavirus pandemic on the economy....

January 31, 2023 · 2 min · 223 words · Jeane Foersterling

The Sec Busts A Silicon Valley Insider Trading Ring Finbold

As stated in the SEC’s complaint, Nathaniel Brown, Infinera Corporation’s revenue recognition manager, routinely tipped his closest friend, Benjamin Wylam, using WhatsApp on the company’s undisclosed quarterly earnings and financial performance from April 2016 to November 2017. The facts According to the SEC lawsuit, Wylam profited from this knowledge and alerted Naveen Sood, who owed Wylam a six-figure gambling debt. Sood reportedly traded on this knowledge and informed his three pals Marcus Bannon, Matthew Rauch, and Naresh Ramaiya....

January 31, 2023 · 2 min · 321 words · Scott Cable

These Three Stocks Recorded Gains Of Over 200 Year To Date

However, there were some stocks that thrived amidst volatility for business reasons but also from investors piling in, looking to get in on the action. Thus, Finbold has analyzed the data and highlighted three stocks that achieved over 200% gains year-to-date (YTD). BP Prudhoe Bay Royalty Trust (NYSE: BPT) BP Prudhoe Bay Royalty Trust is a pure play on rising oil prices with a 100% dividend payout mandate. The trust holds a 16....

January 31, 2023 · 3 min · 573 words · Lee Castillo

Three Stocks To Consider Adding To Your Portfolio In November Finbold

As we enter the month, many stock trading onlookers are attempting to absorb the most recent earnings reports from some of the most prominent companies in the market in order to decide whether or not an end-of-year rally is in line for them. Despite the fact that markets are trading at all-time highs, there are other questions to ponder, including the long-term implications of inflation, the persistence of supply chain difficulties, and a planned tax on corporate share buybacks and dividends....

January 31, 2023 · 6 min · 1225 words · Mayme Nicolas