Following the pandemic, the wealthiest 1% earned more than $6.5 trillion in corporate stocks and mutual fund wealth, according to the most recent statistics from the Federal Reserve. In comparison, CNBC reports that the bottom 90% of Americans owned about 11% of equities adding $1.2 trillion to their wealth during the same time. The proportion of corporate shares and mutual funds owned by the top 10% of earners hit a new high in the second quarter, while the bottom 90% of earners held 1% of stocks, down from 12% prior to the pandemic....

Wholesale electricity prices across the United States were higher in 2021 than in 2020, reflecting the increasing cost of natural gas for power production. Likewise, Europe is seeing persistent instability in its wholesale gas markets, raising fears throughout the continent that the region’s energy crisis may be about to get even worse. Indeed, the U.S retail electricity price for the residential sector is expected to grow according to a report by the U....

The weekend has been pretty uneventful for Bitcoin and cryptocurrency markets. A brief spike to $9,240 was recorded a few hours ago according to Tradingview.com. The move could not be sustained however and the asset fell back into its range-bound channel around $9,180. Bitcoin, which was recently implicated in a Twitter hack, has been trading sideways for almost three months in a channel that is tightening as time goes on....

About Aura Finance Ideally, DeFi networks offer their community members the chance to earn passive income through yield farming opportunities. Investors have the option of contributing to liquidity pools within decentralized exchanges (DEXes) and are thus rewarded for their efforts. Additionally, they could engage in staking native tokens also for passive rewards. Initially, within the Balancer ecosystem, liquidity providers (LPs) could be rewarded for contributing their BAL tokens and partaking in the protocol’s governance....

In this line, data acquired by Finbold indicates that the average cost of a house in the United Kingdom has steadily grown in the last 11 years culminating in a peak of £292,100 (or $315,700) as of July 2022. As of July 2012, the price stood at £170,700, growing by 71% to July 2022’s value. Notably, the prices appeared to flatten in July 2018. Elsewhere, London continues to lead in prices, with an average house costing £537,920 as of June 2022, representing year-over-year (YoY) growth of 6....

In accordance with a filing that was submitted to the United States Bankruptcy Court for the Southern District of New York on Monday, October 3, the last bid deadline for Celsius will be on October 17 at 4 p.m., and an auction will be held, if required, on October 20 at 10 a.m. According to the filing, a hearing about the sale will take place on November 1 at 11 a....

In a press statement released on Friday, the NCC alerted telecom consumers about the ‘FluBot’ malware, which the Nigeria Computer Emergency Response Team (ngCERT) reported to be targeting Android devices. How the ‘FluBot’ malware works NCC director of public affairs Ikechukwu Adinde said that ‘FluBot’ impersonates mobile banking apps to steal people’s personal and financial data, and may also pretend to be a FedEx, DHL, Correos, or Chrome application. The malware, which is being circulated through SMS, can snoop on the phone’s incoming notifications, initiate calls, read and write text messages and transmit the contact list in the device to its control center....

Indeed, recent charts have demonstrated that Bitcoin has had a confirmed break above its 50-day moving average (MA) for the first time since the crash of once one of the largest crypto exchanges in the world, investment insights platform Game of Trades highlighted on its Twitter profile on January 10. According to the analytics platform’s post, after the break above $16,857, the next key resistance level that the maiden cryptocurrency will have to break above for a bullish continuance has currently formed in the area at around $17,600, with the next resistance located at $19,031....

Delivering a speech at the Bitcoin Conference 2022 in Miami, Robinhood’s Chief Product Officer Aparna Chennapragada, indicated that Bitcoin is the most repurchased asset on the investment platform so far this year, ahead of global giants Tesla and Apple, according to the company statistics. Indeed, the flagship digital asset recorded more recurring purchases so far in 2022, than Apple, while particularly noteworthy is that Ether, the native token of the Ethereum (ETH) network, was the third most popular recurring purchase....

As the situation changes by the hour, crypto trading expert Michaël van de Poppe has set new key levels to watch for Bitcoin after it failed to hold the support zone above $20,000, and a correction took place, as he explained in his tweet on July 12. According to van de Poppe, these new levels are $20,300 and/or the area between $19,300 and $19,500: Meanwhile, another crypto trading expert, Ali Martinez, gave his two cents on the future price movements of Bitcoin, explaining in his tweet that:...

Data retrieved from the Finbold ROI tool indicates that Bitcoin’s five-year return on investment has outperformed the stocks of five leading banks at an average of 549.35%. In particular, the crypto has the highest returns against Citi (NYSE: C) at 839.17% and Wells Fargo (NYSE: WFC), which stands at 728.34%. Elsewhere, Bitcoin returns against Goldman Sach (NYSE: GS) stand at 407.46% followed by JPMorgan (NYSE: JPM) at 402.06%. Bank of America (NYSE: BAC) lies in the fifth spot among the top five major five banks’ stocks, with Bitcoin returns standing at 369....

In particular, as of October 6, Bitcoin market dominance hit the lowest point in four years at 39.06%, with a capitalization of $387.85 billion. Ethereum (ETH) ranked second with a market capitalization of $166.61 billion, accounting for a dominance of 17.3%, according to CoinMarketCap data. It is worth noting that Bitcoin’s falling market share aligns with the asset’s sustained volatility partly triggered by prevailing macroeconomic conditions like high inflation and interest rate hikes....

On the daily bar chart, it is evident that the bulls’ strength is waning, and they will soon need to demonstrate newfound resilience in order to maintain a price rise that has been in place for the last two months. Additional selling pressure throughout this week might either reverse the price trend that has been rising or, at the very least, put it in an even more precarious position....

Following the development, Bitcoin has surged slightly over 4% to trade at $63,171 by press time. Over the weekend, the asset dropped below $60,000 after trading in the green over the past week. The maiden cryptocurrency attained a new all-time high of over $66,000 after the U.S. Securities Exchange Commission approved the first Bitcoin ETF. A press statement from Bakkt indicates that the new feature will be available to United States institutions....

Since September 27, addresses that held between 100 and 10,000 Bitcoin have added a combined 46,173 BTC back to their wallets over the previous week. This comes as significant Tether (USDT) stablecoin holdings have decreased, per data from behavior analysis platform Santiment on October 5. The platform noted: Interestingly, the move in the last week marks the most extended Increase in holdings since May 2022; at the same time, Tether whale supply is falling while Bitcoin whale supply has been rising, which could suggest large-scale buyers have seen a bottom in the market....

As of December 28, 2021, BNB is being traded at $550, recording a +3.43% gain in the last 7 days. This price analysis is provided to assist you in determining what is most likely to happen next for Binance Coin in the market. MACD shows BNB not out of the woods yet BNB is showing seeming strength as its price is pushing upward in spite of the general bearish trend in the market now....

The biggest issue appears to be the Aircraft Safety and Certification Reform Act, enacted by the U.S. Congress in late 2020, which mandates all airplanes certified as of 2023 to comply with the newest crew alert regulations. Meanwhile, the company’s airplanes are under increased scrutiny due to various issues Boeing had recently. This, along with the debt that the company took on during Covid lockdowns, looks to be pushing Calhoun towards the possibility of shelving the Max 10....

Earlier this week, India shared its budget, balancing between supporting growth and aiming to reduce the country’s deficit (from 9.5% of GDP in FY21 to 6.8% of GDP in FY22), and offers a boost to the country’s startup community. The budget was met with wide praise, with measures to stimulate the economy without enforcing tax rises on the population. India’s Finance Minister announced welcome funding for small businesses and startups, with a year-long extension to the startup tax holiday in place....

As things stand, MATIC is down 4.37% in the last 24 hours, although the token is still up by 34.53% over the previous week, according to data retrieved by Finbold from CoinMarketCap. However, the token now appears to be rebounding, given that Polygon had been performing nicely over the previous week before the market-turning events. The red seen across the broader crypto market impacted Polygon and other cryptocurrencies, was brought about by the saga involving FTX and Binance....

Indeed, Caisse de Depot et Placement du Quebec (CDPQ) had invested $150 million in Celsius back in October 2021, as part of a $400 million funding round co-led by WestCap Investment Partners LLC, Bloomberg’s Mathieu Dion reported on July 20. According to an emailed statement by CPDQ’s spokesperson Maxime Chagnon: Reportedly, CPDQ’s October contribution increased Celsius’s valuation by over $3 billion, and Chagnon stated that his company was “making every effort to preserve our rights,” without providing any more details on this effort....