Binance Australia Unveils Fiat To Crypto Trading Service Finbold

By using Binance Australia, users can deposit AUD from their bank accounts directly onto the platform using PayID. The company said that the transaction can be completed with zero fees. Also, users in Australia can integrate their local bank accounts with Binance Australia and make withdrawal requests. Official reports confirm that the platform is active on mobile web and desktop. But, an app is expected to be developed later. Binance Founder and CEO Changpeng Zhao (CZ) is confident that Australia can spearhead blockchain innovations in the region....

January 2, 2023 · 2 min · 241 words · Pamela Yates

Bitcoin Fear Greed Index Recovers To 2 Month High After Market Sell Off

The Bitcoin Fear and Greed Index hit 20 on July 8, which is the highest position it has reached in the last two months as per alternative.me. Indeed, this is the highest the gauge has reached since May 7, according to the multifactorial crypto market sentiment analysis. As per a note published by Arcane Research on July 5, the indicator is moving closer to the “fear” level after spending a prolonged amount of time in the “extreme fear” level....

January 2, 2023 · 2 min · 349 words · Laura Arnold

Bitcoin Bulls Have Momentum On Their Side As Btc Reclaims 18K

Based on the current price actions, Kitco News analyst Jim Wycoff on December 14 has noted that with bulls having a near-term technical advantage, Bitcoin is likely to develop a price uptrend. Bitcoin price analysis By press time, Bitcoin was trading at $18,054 with daily gains of 1.65% to hit a four-week high. The weekly chart indicates that Bitcoin has rallied almost 8% while sustaining high buying pressure. Elsewhere, Bitcoin is witnessing a record inflow of capital, with the asset’s market cap at the time of publishing hitting $347 billion, representing an inflow of about $5....

January 2, 2023 · 2 min · 265 words · Tiara Morreale

Bitcoin Fails To Maintain Gains Above 12K Breakout Could Set 15K On Sight

Currently, the selling pressure is equal and not dominating market sentiment. The sell-off also coincided with reports that South Korean police had seized Bithumb a leading crypto exchange. Analysts believe that surpassing the $12,000 resistance level will position Bitcoin to test an all-time high for the year. To maintain above the level, Bitcoin needs a significant sustained buying. In general, the $12,000 level now continues to be strong resistance for Bitcoin but the bulls have persisted in the course of August to rally around the $11,000 level offering the much-needed support....

January 2, 2023 · 2 min · 300 words · Kay Stensrud

Bitcoin Is The Next Big Thing But Will Crash Like The Dot Com Bubble Economist H Dent

According to Dent, the Bitcoin (BTC) crash might be interpreted as the end of the crypto market, but the economist stressed that would not be the case. Furthermore, Dent shared how he got into crypto after initially failing to understand the concept. The economist declared: Established cryptocurrencies to stand out Previously, Dent had projected that there would be a historical market crash in 2022 amid rising inflation and the Federal Reserve’s tapering measures characterized by interest rate hikes....

January 2, 2023 · 2 min · 220 words · Jason Rivett

Bitcoin Locked In Lightning Network Hits An All Time High Despite Sinking Markets Finbold

As of February 22, 2022, the locked Bitcoin in the LN has tripled from 1,089 BTC recorded a year ago to stand at 3,479 BTC, a new all-time high, data provided by decentralized finance analytics platform DeFi Pulse indicates. Based on the current Bitcoin price of $37,600, the value of the locked Bitcoin stands at $1.3 billion. The growth’s primary driving force has been the technology’s ability to facilitate fast, efficient, and cheap transactions on the Bitcoin network....

January 2, 2023 · 2 min · 356 words · Kathryn Kennedy

Bitcoin Price Each Thanksgiving Revealed What Does 2022 Hold For Btc

Over the last three years, the holiday has acted as a catalyst for the final episode of Bitcoin’s bull run. In 2021, the asset traded at about $58,927, with gains of over 214% from the 2020 Thanksgiving. Indeed, during the 2020’s holiday, Bitcoin was valued at $18,764, with gains of over 162% from 2019’s price of $7,150. However, based on various technical analysis indicators, Bitcoin’s Thanksgiving bullish trend will be cut short in 2022, with the asset likely to trade at $16,353, according to CoinCodex....

January 2, 2023 · 2 min · 405 words · Kathleen Pickens

Bitcoin Related Job Postings On Linkedin Surged Almost 400 In 2021

An analysis by Linkedin published on January 13, 2021, indicates that from 2020 to 2021, job postings with terms “Bitcoin,” “Ethereum,” “blockchain,” and “cryptocurrency” surged 395% in the United States alone. The employment-oriented platform also noted that the sector’s job posting surpassed the general technology sector, which grew 98% over the same period. Employers sought to hire mostly software and finance professionals in the field. At the same time, sectors like accounting, consulting, staffing, and computer hardware are also increasingly attracting professionals with a blockchain background....

January 2, 2023 · 2 min · 300 words · Jacqueline Taylor

Bitcoin S Average Daily Trading Volume Is Almost 60 Higher Than Apple S

According to data acquired by Finbold, the average daily trading volume during the observed one-month period leading up to March 9, 2022, was $15.6 billion. These calculations are based on the average trading volume of Apple’s shares per day/session which, per YCharts data, amounted to 94 million, and the average price of AAPL during the observed 30-day period, which was $166.07. By comparison, the average daily trading volume of Bitcoin in the 30-day period was $24....

January 2, 2023 · 2 min · 230 words · Lewis Pottinger

Bitcoin S Technical Indicators Point To A Big Move On The Horizon

Indeed, taking into account the Bollinger Band Width Percentile (BBWP) indicator, which is the lowest it has been in over six years on the two-week chart for Bitcoin, the flagship digital asset could be bracing for a dramatic upward move. Specifically, in May 2016 – the last time this indicator was demonstrating similar low values to how it currently is, Bitcoin had gained about 80% within the following four weeks, the pseudonymous crypto analyst Moustache said on November 28....

January 2, 2023 · 2 min · 340 words · Hilary Washington

Bitcoin S Trend Favors The Bears As Price Uncertainty Persists

Following the correction, Kitco News analyst Jim Wycoff has termed the latest Bitcoin trading trend the ‘bears friend’, with the asset hitting a three-month low on Monday, September 19. According to the analyst on September 21, the bears carry a technical advantage in the short term but pointed out that the trajectory towards any resistance can be classified as lower to sideways. Amid the bearish trend, Bitcoin has shown signs of recovery, trading above $19,000....

January 2, 2023 · 2 min · 354 words · Carrie Archuleta

Bitcoin Shoots Past 40 000 Crypto Market Cap Inches Toward 1 7 Trillion Finbold

To be precise, the world’s flagship currency is currently trading at $40,910, up over 5% in the last 24 hours and 2.60% in the last week. Moreover, the overall market dominance of Bitcoin is now 46.02%, up 0.64% from the previous day, according to CoinMarketcap.com data. Bitcoin gained momentum over the resistance levels of $38,500 and $39,500, and the price is currently above the 100-hour simple moving average. An early resistance level for Bitcoin is at $40,500, with the first significant barrier located at the $40,750 level, and a bearish trend line connects it....

January 2, 2023 · 3 min · 567 words · Daryl Clenney

Bitcoin Surges To 16K As Election Fever Drives Market Sentiment

Election fever appears to be having a highly bullish effect on Bitcoin and cryptocurrency markets as total capitalization surges to its highest level since January 2018. Bitcoin’s monumental 12% pump today to just below $16,000 has pushed the total market cap over $440 billion, a 33 month high. Bitcoin has smashed through previous resistance levels around $14k which was the 2019 high, in a move to just 20% away from its all-time high of $20k which came during the crypto bubble of late 2017....

January 2, 2023 · 2 min · 379 words · Elsie Bassett

Bitcoin Trading Volume Hits 3 Month High As Investors Abandon Fiat

In particular, as of September 29, Bitcoin’s trading volume hit its highest level since mid-June to stand at $42.68 billion, on-chain data by Santiment indicates. Trading volume fails to reflect on BTC’s price Although Bitcoin trading volume is surging, the activity has failed to reflect on the asset’s price which continues to be outweighed by the prevailing macroeconomic factors like high inflation and increasing interest rates. At the same time, most global fiat currencies are stumbling against a rampant United States dollar....

January 2, 2023 · 2 min · 313 words · Mary Ray

Blockchain Association Says Bitcoin Investment And Price To Rise As Economy Comes Around

Speaking with CNBC’s Squawk Box, Kristin Smith, the executive director of Blockchain Association, shared her thoughts on the cryptocurrency market and Bitcoin relating to its latest price movements on October 21. Smith noted Bitcoin has remained mostly stable for a few reasons. First, retail investors have largely exited from investing in Bitcoin owing to concerns about paying for gas and groceries; “they don’t have the ability to put extra money away invest in Bitcoin at the moment....

January 2, 2023 · 2 min · 281 words · Shira Scott

Blockchain Com Hires Former Sec Official As First Compliance Officer

The company has onboarded CJ Rinaldi, who recently served as head of markets compliance in the Americas for broker-dealer firm Deutsche Bank Securities. The officer assumed his role in October, working under the company’s chief legal officer Lindsey Haswell. According to Blockchain.com, Rinaldi’s experience will be vital in engaging regulators globally in establishing the crypto business. Interestingly, Blockchain.com is expected to double its compliance in the future. Rinaldi has also worked as a senior counsel for U....

January 2, 2023 · 2 min · 241 words · Olive Marburger

Boeing Max Is Unlikely To Fly In China Anytime Soon Should You Sell Ba Stock

CEA and its subsidiaries in Shanghai had 14 MAX jets delivered prior to the initial grounding of the planes in March of 2019. However, Boeing’s largest client in China claims that it will not include the MAX aircraft in its delivery plans through 2024. Additionally, none of the Chinese state carriers confirmed that they would resume taking the MAX once it is officially back in service. More bad news Ronald Epstein, a Bank of America analyst, in a note to clients, stated that he believes Boeing’s troubles are not behind them....

January 2, 2023 · 2 min · 335 words · John Blackwell

Boeing Recalls 2 500 Employees U S Navy Wants 18 Maritime Patrol Aircraft Built

The recall has become essential as the company embarks on “limited operations”. The resuming workers will work at Boeing sites in Renton and Everett. To prevent the spread of COVID-19 during the narrowly limited operations scheduled to start Monday 13 April, the company says it will provide all the workers with PPEs. Boeing will also ensure that social distancing rules are adhered to in dining and other areas where they have to congregate....

January 2, 2023 · 2 min · 370 words · Audrey Jones

Can People See What You Search On Instagram

Despite its growing popularity, privacy is still a significant concern for anyone using Instagram for business or personal reasons. For example, learning whether or not people can see what you search on Instagram can determine how you use the app. If your primary concern is reducing your online visibility or maintaining privacy, you can do that by utilizing some of Instagram’s privacy settings. For example, you can turn off your activity status so that people can’t tell when you were last active on Instagram....

January 2, 2023 · 4 min · 684 words · Carla Rhode

Canada S Largest Stock Market Operator Plans Crypto Product For Institutional Investors

This comes in response to institutional investors’ desire to counterbalance trading risks in the relatively new asset class. The group, which already has 17 cryptocurrency exchange-traded funds (ETFs) listed on the Toronto Stock Exchange as of December 31, intends to release the product on the Montreal Exchange this year, Reuters reports. McKenzie said that TMX would not be modeling the futures product on any other offering, but existing regulations around futures products should cover it....

January 2, 2023 · 2 min · 335 words · Andres Degennaro