The shares of tech companies soared because investors believe the dividend representation could make it difficult for lawmakers to amend laws for online platforms. Joe Biden is leading in electoral polls but republicans secured more senate seats. The analyst also claims that the sector traded in positive territory 71% of times during the shortened weekend in the last thirty years. Analysts expect a significant upside ahead

As things stand, the Canadian ETF currently holds 36,271.8BTC and has seen a net gain of 2,473.5BTC in the previous two weeks, according to data from on-chain data analytics platform Glassnode shared by Wu Blockchain on March 25. The rise has occurred as a result of a huge infusion of capital since both the general mood of the market and the price of Bitcoin have improved over the last two weeks....

According to data acquired by Finbold, in the first three quarters of 2021, Australians cumulatively lost AUD 115.46 million to investment scams. 2021 Q3 recorded the highest losses at AUD 44.52 million, while the second quarter recorded AUD 40.85 million in losses. Between January 2021 and September 2021, investment scams losses used phones accounted for AUD 43.5 million, with the internet ranking second at AUD 20.16 million. Social networking platforms emerged third at AUD 17....

Joewono revealed that Bank Indonesia is now part of global institutions that are researching the possibility of rolling out a central bank digital currency (CBDC) to meet different needs, Tempo reported on July 12. According to Joewon, the emergence of cryptocurrencies has acted as a trigger for several countries to look into the viability of CBDCs. However, he warned that cryptocurrencies can pose risks to existing financial systems. Indonesia CBDC whitepaper Currently, Indonesia is among the countries exploring the CBDC option with a whitepaper expected to be released in the near future....

Bank of America’s (NYSE: BAC) latest Consumer Checkpoint report showed that consumer spending increased by 9% in May compared to the same period last year. Specifically, Bank of America (BofA) used aggregate credit and debit card spending data from their 67 million consumers and small business clients to gauge sentiment. Additionally, credit card spending gained 16% year-on-year (YoY), while debit card spending rose by 4%. Shop till you drop With energy prices spiking for most of the year, gasoline spending as a percentage of total card spending increased by 7....

On Tuesday, December 14, a member of the Bank’s staff wrote in a blog post published on its website entitled “What is a Bitcoin worth?” saying that Bitcoin does not meet many of the requirements necessary for a currency and that it is intrinsically volatile. The staffer from the Bank’s stakeholder and media engagement division, Thomas Belsham, wrote the following: Investors should be prepared to lose all In general, coins are added to Bitcoin’s supply when “miners” authenticate modifications to its blockchain record, which presently stands at around 19 million....

The latest Series C funding comes at a period Form Energy is seeking broader commercialization for its technology that it believes has market pull in the next few years. It is worth mentioning that the technology used by the startup in the batteries is yet to be made public. The only information about the technology is the use of safe, abundant, and cheap materials. Speaking during a conference on Friday, Jaramillo notes that the system’s design allows it to be scaled up to hundreds of thousands of megawatts and many hundreds of gigawatt-hours into terawatt hours....

Since Wednesday, the cryptocurrency has gained over 2%, allowing it to regain its previous high of $43,000. Interestingly, the price of other prominent cryptocurrencies has followed suit, with Ethereum (ETH) and Ripple (XRP) also seeing comparable price increases. Currently, the flagship digital asset is trading at $43,297, up 2.07% on the day but down 2.11% in the last seven days, according to CoinMarketCap.com. As the month draws to a close, it seems that a price prediction model released by the pseudonymous analyst PlanB back in June is once again coming true....

After hitting an all-time high in May 2021 and using up to 15.80 GW of power per day, the Bitcoin network global hash rate has dropped to 10.49 GW today, according to estimations calculated by the Cambridge Bitcoin Electricity Consumption Index as of August 9, 2022. Already on a downward trend, electricity demands have dropped by 21% since the start of the year, going down from 13.28 GW on January 2, 2022, to 10....

Bitcoin (BTC) is still attempting to avoid a slip below the $20,000 level after the position was threatened in the wake of the Federal Reserve raising interest rates. With the asset trading in the $19,000-$20,000 range for weeks, the general crypto community is looking for a price bottom to usher in a bear market exit. Amid the gloomy macro backdrop of high inflation and rising interest rates, the crypto community continues to express optimism that the flagship cryptocurrency will rally in the coming days and offer a foundation for a bull run....

One of these chart analyses demonstrates the largest descending broadening (or broadening falling) wedge for Bitcoin in history, according to a tweet by the pseudonymous crypto expert known as Moustache, published on November 16. As the analyst explained, “price has always risen rapidly after that,” referring to the similar large descending broadening wedge patterns that Bitcoin had previously formed in 2019 and 2020. Specifically, the chart analysis posted by Moustache shows that this rise he is predicting could occur in the first half of 2023, possibly even (briefly) nearing the all-time high (ATH) of $69,000 before settling in at around $40,000....

Although its semiconductor solutions revenue of $4.21 billion dropped 4% year over year, infrastructure software revenue of $1.6 billion grew 41% from the past year period. Infrastructure software revenues now account for 28% of the total. The company has also generated robust cash growth during the third quarter. Its free cash flow of over $3 billion enlarged 33% from the past year period. The company has also lowered its debt by $1....

Between July and October 13, 2021, Bitcoin’s fear and greed index had surged 366% from 15 to 70. With the fear and greed index tool, zero translates to ‘Extreme Fear’ while the value of 100 represents ‘Extreme Greed.’ Last week, the Bitcoin index had entered the ‘extreme greed’ territory with a score of 76, the highest level since early September, which preceded a sharp sell-off in Bitcoin. By press time, the asset was trading at $57,600....

The law defines a national emergency as “an urgent and critical situation of a temporary nature that cannot be effectively dealt with under any other law of Canada.” Talking to the press on Monday, February 14, he said: Though the law allows for military intervention, Trudeau insisted the government had no plans to do so. Instead, the government is focused on derailing the flow of funds to demonstrators and going after those who financially support illegal protests....

On Friday, February 18, Tim Pastoor was sitting in the truck of a protester discussing the campaign against Canada’s Covid-19 restrictions when the trucker was handed an envelope with $8,000 Canadian Dollars of Bitcoin inside. The trucker was told: Not your keys, not your coins After Canadian Prime Minister Justin Trudeau invoked the Emergencies Act, truckers have been urged not to utilize a centralized cryptocurrency exchange in order to cash out the Bitcoin they received, as the funds are subject to a Mareva injunction, and violating that order is a criminal act....

Indeed, Cardano has been ranked as the top blockchain protocol by development activity in 2022, followed by Polkadot (DOT) and Cosmos (ATOM), according to the list published by the on-chain and social metrics platform Santiment on December 30. Ethereum (ETH), which this year went through the major Merge upgrade, has assumed fourth place, followed by Internet Computer (ICP), Elrond (EGLD), Flow (FLOW) Optimism (OP), Aptos (APT), and Polygon (MATIC), which ranked 10th....

This growth can be measured in terms of new features and updates, as well as buyer interest, with more than 2,000 new holders being added daily over the course of the past 30 days. According to data acquired by Finbold, on April 19, there were 3,268,890 holders of Cardano compared with 3,339,101 on May 19 adding a total of 70,211 between the two dates averaging 2,340 new holders on a daily basis, as data from Cardano Blockchain Insights shows....

In particular, Plutus (a Cardano-based smart contracts platform) has experienced significant growth due to the upgrade. Notably, the number of Plutus Scripts increased by 489 between March 28 and March 30, when they stood at 1,671 and 2,160, respectively, indicating that the number of smart contracts on Cardano just exceeded the 2,000 mark, according to the statistics from Cardano Blockchain Insights. The graph displays real-world Plutus-based smart contracts that are now in operation on the Cardano blockchain....

According to Hoskinson, the wars will likely accelerate in the next 24 months, and if the sector does not get decentralization right, it will mean a bleak future for the crypto space, he said during the Web Summit 2022 on November 24. Notably, the Cardano founder stated that with the smart contract wars over, the decentralized identity would be big while noting players in the sector understand the area is ‘the choke point....

The current calmness may signal better times for Cardano, especially when taking into account the continuous efforts of the Input Output (IOHK) developers to further improve the network after the Vasil hard fork, including the launch of the new Daedalus 5.1.0 crypto wallet. Cardano network expansion and NFT volume Moreover, Cardano’s smart contracts recently broke above 3,500, amounting to 3,518 Plutus Scripts on October 19, after surpassing the 3,000 mark on August 1 and adding 100 new smart contracts in two weeks since the hard fork itself was implemented, as per statistics retrieved from Cardano Blockchain Insights....