Luxury Watchmaker Rolex Enters Metaverse With Crypto And Nft Trademark Applications

Indeed, Rolex has filed trademark applications related to cryptocurrencies, metaverse, and non-fungible tokens (NFTs), according to the data published by trademark and patent attorney Michael Kondoudis (The Law Office of Michael E. Kondoudis) on November 7. Specifically, the luxury watchmaker’s trademark application suggests plans to introduce NFTs, NFT-backed media, NFT marketplaces, crypto keys and transactions, virtual goods auctions, as well as virtual and cryptocurrency exchange. According to the documents, the trademark was filed with the United States Patent and Trademark Office (USPTO) on October 31 and covers “downloadable software for blockchain technology,” digital wallets, “online spaces for buyers and sellers of virtual products such as watches and watch parts,” virtual environment product placements, and more....

December 25, 2022 · 2 min · 377 words · Holly West

Meta Stock Pops 20 After Earnings Despite Possible Headwinds On The Horizon

CEO Mark Zuckerberg kicked off the earnings meeting with a key change by noting that the company would be slowing some investments to reflect what the executives are seeing in the company’s growth. The positive news was well received by the market since other digital ad peers also jumped along with FB stock in post-market trading. Founder and CEO of Compound Capital Advisors, Charlie Bilello shared the news on his Twitter page: “Update: Facebook is up 20% in after hours trading after reporting earnings....

December 25, 2022 · 2 min · 275 words · Christen Holze

Metaverse Tokens Mana And Sand Record Double Digit Gains As The Market Sees Red Finbold

Within a week of Facebook, a subsidiary of Meta Platforms (NASDAQ: META) announcing its name change, the tokens The Sandbox (SAND) and Decentraland (MANA), both of which are tied to the metaverse, had gains of 210% and 200%, respectively. Meta (formerly Facebook) is working to create a metaverse. Although it seems that crypto and non-fungible tokens (NFTs) will play a part in it, the crypto community is not overjoyed about it....

December 25, 2022 · 3 min · 437 words · Paul Davis

Milestone Bitcoin Whitepaper Is Now Available In 40 Languages Finbold

As of January 30, 2022, the whitepaper had been translated into 40 languages with Nepali becoming the latest addition. The translation uploaded on the Bitcoin.org website was done by two cryptocurrency enthusiasts Krishna Dahal and Bibek Koirala. Despite the translation in Nepali, the country is among the unfriendly crypto jurisdictions. The government has recently banned the trading of any cryptocurrency. With the translation, Dahal hopes the state will change its approach towards the cryptocurrency industry....

December 25, 2022 · 2 min · 388 words · Judith Ware

Moscow S Working Enterprises Rise To 54 After Gradual Reopening Finbold

In the first week of June, Moscow became the primary driver of the small and mid-sized business growth, according to data of Evotor online cash registers acquired by TASS. Evotor used at least 650,000 of its devices spread all across Russia. The Restart Notably, the non-food trade was among the drivers of the resurging economy after it was allowed in the Russian capital starting June 1. These non-food operations restarted at the second stage of easing restrictions....

December 25, 2022 · 1 min · 195 words · Erwin Coca

New York City Mayor Is Going To Take His First 3 Paychecks In Bitcoin Finbold

Speaking with CNBC’s Squawk Box, New York City’s mayor Eric Adams discussed Bitcoin and its price following the latest market dip for the flagship digital asset. Before Adams became mayor, he said that he would take his first three paychecks in Bitcoin. Questioned whether he had received the check in Bitcoin with asset currently down in price, the mayor responded: He added: Bitcoin loses $60 billion since the start of 2022 Indeed the crash immediately followed the publication of the minutes of the December meeting of the U....

December 25, 2022 · 2 min · 240 words · Betty Ash

Open Interest In Bitcoin S Perpetual Futures Contracts Just Hit A 4 Month High

The official Twitter account of Glassnode indicated on September 12 that the Bitcoin-denominated open interest (OI) in perpetual futures reached a 4-month high of $3.9 billion on Binance, a level previously observed on June 6, 2022, when the level hit $3.89 billion. Furthermore, it appears that crypto traders favor perpetual contracts, whose characteristic is not having an expiry date, meaning that traders can keep highly leveraged positions in place....

December 25, 2022 · 2 min · 315 words · Sandra Jaffe

Over 2 Billion Bitcoin Outflows Exchanges In A Week What It Means For Btc Price

Specifically, over 108,200 Bitcoin (BTC) have left the known crypto exchange wallets since June 14, according to a Glassnode chart and data published in a tweet by crypto trading expert Ali Martinez on June 21. In other words, roughly $2.21 billion worth of Bitcoin has been withdrawn across exchanges in a single week, taking into account the price of the asset at the time of publication. What it means Typically, inflows and outflows from exchanges tend to fluctuate with changes in market sentiment....

December 25, 2022 · 2 min · 300 words · Deborah White

Over 500 Merchants Can Now Accept Shib As Payment Option Via Coingate

In a blog post, CoinGate revealed over 500 merchants can now accept SHIB that has also been integrated into the system’s gift card store. Furthermore, Shiba’s integration into the CoinGate trading system enables users to buy SHIB at a 1% rate. The development will likely be a catalyst for a potential SHIB price surge, considering that the coin has come under scrutiny for lacking real-world use cases. Notably, in July, SHIB surged in value after the launch of its much-anticipated decentralized exchange (DEX), ShibaSwap, and the integration of the SHIB token on a retail Shopping....

December 25, 2022 · 2 min · 221 words · Herbert Moreland

Over 540 000 Apps Wiped From Apple App Store In Q3 Reaching Lowest Number In 7 Years

In particular, according to data acquired by Finbold, the number of apps in the Apple App Store hit a seven-year low during 2022 Q3 to stand at 1,642,759. The value represents a drop of 541,697 or 24.79% from the 2,184,456 registered during Q2 2022. The last time the number of apps was this low was during Q3 2015 at 1,672,271. Policy changes trigger a drop in App Store apps It is worth noting that removing apps from the App Store is a perennial practice initiated by Apple as part of maintaining quality on the platform....

December 25, 2022 · 3 min · 611 words · William Skeeter

Payment Giant Checkout Com Acknowledges Crypto Is On Its Way To Mainstream

Indeed, global payments solution provider Checkout.com’s new report, released today (April 6) at the Bitcoin 2022 conference in Miami, “Demystifying Crypto: Shedding light on the adoption of digital currencies for payments in 2022,” found that there are increasing positive trends in both the adoption and the appetite for using cryptocurrencies for eCommerce transactions. A total of 30,000 customers and 3,000 merchants in 11 countries were interviewed for the in-depth analysis, from US, UK, France, Spain, Italy, Germany, UAE, Saudi Arabia, Hong Kong, Singapore, and Australia between February 2 and March 1, 2022....

December 25, 2022 · 2 min · 371 words · Robert Falk

Percentage Of Global Reserves In U S Dollars Hit An All Time Low At 58

Fears of a more fragmented international monetary system are starting to surface as a result of the sanctions imposed on Russia due to their unprovoked invasion of Ukraine. U.S. dollar as a global reserve currency was in decline even before the war in Ukraine hitting an all-time low at the end of 2021. Its share of the global foreign exchange (FX) reserves dropped to 58.8%, according to the latest data provided by IMF and Bloomberg....

December 25, 2022 · 2 min · 296 words · Jason Gonzalez

Polygon Why Matic Is Well Poised To Break Into The Top 5 Finbold

One such cryptocurrency rising in popularity is Polygon (MATIC), the 15th largest digital currency with a market cap of $13.39 billion at the time of writing. The price of one Polygon token has been trading at a low of $0.01176 and a high of $2.68 in the last 52-weeks. In the last 12-months, Polygon has returned a staggering 7,600% which means a $1,000 investment in this token last May would be worth close to $77,000 today....

December 25, 2022 · 3 min · 452 words · Christina Womac

Poor Earnings Halted Uber Stock Rally Finbold

The second-quarter revenue of the ride-sharing company plunged 29% to $2.2bn. The stronger than expected results from the food delivery business helped in offsetting the sharp drop in rides revenue during the second quarter. Uber chief executive Dara Khosrowshahi said food delivery has generated more revenue than rides. It’s delivery gross bookings soared almost 113% year-over-year in the second quarter and delivery revenue surged 103%. The delivery adjusted EBITDA loss lowered to $232 million....

December 25, 2022 · 1 min · 212 words · Anthony Davis

Prominent Crypto Trader Sets Bitcoin S Crucial Short Term Support And Resistance Levels Finbold

In a YouTube video, Poppe pointed out that the fundamental aspect for Bitcoin to embark on a bullish momentum is to reclaim its recent losses. He acknowledged that as the asset trades slightly above the $47,000 level with a $46,000 support base, it has a solid foundation for reclaiming the losses. However, Poppe believes that Bitcoin is still trapped in a lower trading trajectory despite having the support. Before surpassing the $51,000 mark, he mentioned that Bitcoin needs to beat the $48,000 and $49,000 resistance levels....

December 25, 2022 · 2 min · 339 words · Ashley Brooks

R Kiyosaki S Capitalist Manifesto Seems To Materialize In Real Life

The renowned investor has been vocal on Twitter recently and highlighted on April 13 that the similarities he forecasted in his book the ‘Capitalist Manifesto’ are coming to fruition under the current government. The businessman added: On the matter of the Federal Reserve printing trillions of dollars of “fake money,” Kiyosaki has previously warned that this effect on the economy is ramping up inflation something the businessman fears could “wipe out 50% of the U....

December 25, 2022 · 2 min · 325 words · Raphael Rivera

Ranked Top 20 Countries Globally Most Tracking Gold Price India U S Lead

Interested in alternative investments, gold bar specialists PhysicalGold.com utilised the online analytics tool Ahrefs to establish which countries citizens are most keeping a track of the gold price. According to the information shared with Finbold.com, India is in the number one spot, with an astonishing average of 3,720,600 online searches per month from Indians trying to discover what the gold price is. That is the equivalent of 120,019 online searches each day....

December 25, 2022 · 2 min · 406 words · Mitchell Ruiz

Robert Kiyosaki Warns Rising Inflation Will Wipe Out 50 Of The U S Population

Speaking with Daniela Cambone from Stansberry Research, businessman and author of the personal finance book “Rich Dad, Poor Dad,” Robert Kiyosaki warned that rising inflation is a sign of a major crisis that is only going to get worse and that “the repo market has inverted again,” indicating that a recession is on the horizon. Discussing his biggest concern Kiyosaki stated: He added: Stock market crash The author highlights if and when the stock market crashes, the 401k will fail, and a retirement plan and pensions will be unpayable....

December 25, 2022 · 1 min · 177 words · Charles Winkel

Russians Are Not Flocking To Crypto To Avoid Sanctions Says Chainalysis Co Founder

Speaking with Bloomberg Technology, Chainalysis co-founder and Chief Strategy Officer Jonathan Levin discussed the new tools to assist cryptocurrency firms and financial institutions in ensuring they are in compliance with sanctions. When it comes to the function of intermediaries such as crypto exchanges and the requirement of working with legislators and regulators, the matter of how much evidence are of Russians potentially using cryptocurrency to circumvent these rules was discussed....

December 25, 2022 · 2 min · 254 words · Cecila Ceaser

Shib And Doge Record The Highest Trading Volume On Indian Exchanges

On CoinSwitch Kuber exchange, between April and October 2021, Dogecoin accounted for 13.76% of the platform’s total trading volume, followed by Ethereum’s 6.06%, while Bitcoin ranked third at 6.04%, Hindu Business Line reports. Other assets that accounted for significant transaction volume include Internet Computer at 5.08% and Polygon’s MATIC at 4.52%. Elsewhere, on WazirX, over the past week, almost half of the trading volume emerged from Shiba Inu, which has also been dubbed as the Dogecoin killer....

December 25, 2022 · 2 min · 242 words · Mary Hagen