The use of Bitcoin, which is gaining popularity, adds to the lengthy and increasing list of innovations and honors received by the family-owned diamond store. The 12-time winner of Minnesota Bride’s “Best Jeweler” award innovates with cryptocurrency and expands customer experience and will be utilizing Bitpay to handle all of its merchant services, according to a report by PRNewswire on May 11. Continental Diamond has blazed a trail in the Minnesota jewelry industry since its founding in 1981, providing an array of diamonds, engagement rings, fashion-forward jewelry, timepieces, and gifts to customers across the state....

Speaking on The Money Show, the Sygnia founder and now executive chairman gave her thoughts on the future of cryptocurrency. Wierzycka compared Bitcoin to gold as a store of value. The executive chairwoman asserted that the volatility we have seen with Bitcoin in recent months is an unexpected result of Elon Musk’s market manipulation to serve his own interests. Magda declared, “If that had happened to a listed company, Musk would be investigated and severely sanctioned by the SEC....

Some market analysts are seeing the dip as a buying opportunity for long-term investors while others are predicting sluggish stock price performance for the second half of the year. Netflix stock price soared sharply during the second quarter amid analysts’ expectations for sharp subscriber growth due to staying at home policies. But the second-quarter net subscriber addition of 10M fell short of analyst’s expectations for 12M additions. The online streaming company also missed earnings expectations by $0....

Indeed, US nonprofit news website The Conversation has conducted a survey to find out what types of people are willing to take the risk and what motivates them to partake in “a highly speculative investment” that is crypto, publishing the results on its website on April 11. The study called “Dark personalities and Bitcoin: The influence of the Dark Tetrad on cryptocurrency attitude and buying intention” involved a survey of 566 people on their attitudes to crypto and plans of investing in it....

Although the government has taken various initiatives to promote the eNaira, less than 0.5% of the population is leveraging the currency, Bloomberg reported on October 25. Despite Nigeria being among the leading countries in crypto adoption globally, the majority of residents have cited confusion, noting that they fail to understand the difference between a CBDC and cryptocurrencies like Bitcoin (BTC). Residents prefer crypto Most residents have turned to cryptocurrencies as a hedge against inflation in the wake of the deteriorating economy alongside local currency devaluation....

The Shanghai-based EV manufacturer delivered 7,931 vehicles in July, increasing around 124.5% over the previous year but a 1.8% decrease from June when sales increased substantially despite the persisting global semiconductor scarcity. Notably, the company is trading above its 20, 50, and 200-day simple moving averages, which are often used as uptrend indicators by growth stock investors. Based on recent performance and the fact that the stock is trading above the 20-day SMA, it implies that the firm’s short-term bullish momentum might drive it back towards the $50 price target....

Between September 3 and December 3, the number of nodes on the network with active channels surged 23.13%, adding 3,534 nodes, data provided by Bitcoin Visuals indicates. The number of nodes has been increasingly steady over the period despite Bitcoin registering mixed price movements. Over the past three months, the maiden cryptocurrency has attained a record price of above $67,000 coupled with high volatility. Generally, the Lightning nodes open payment channels funded with Bitcoin, where LN enables Bitcoin to expand its capabilities since when transactions are made across channels, the balance is reflected without broadcasting it on-chain, creating a second layer on top of the Bitcoin network....

Data provided by crypto intelligence platform CoinMetrics indicates that between January 1 and May 17, 2021, wallets holding ADA with a value of at least $1 million have surged 1,231% from 504 to 6,710. The millionaire investors have emerged in a period ADA continues to capture the crypto community’s attention, having attained an all-time high of $2.4 on May 16th. On a year-to-date basis, ADA’s price has soared by over 1,000%....

The U.S. benchmark, West Texas Intermediate (WTI), has plunged to the $15 range as global economies and industry remains on lockdown. The international benchmark, Brent Crude was also down to $27.86 a barrel, according to reports. Oil Demand Crushed In Monday’s Asian trading session WTI plunged over 20 percent to $14.47 a barrel, marking the lowest level since 1999. According to industry analyst Jason Gammel, the oil industry faces “the bleakest oil macro outlook since at least the late 1990s and perhaps ever”....

Speaking during Investor Day 2021, the company’s President and CEO Dan Schulman notes that at least 50% of crypto holders open Paypal’s app daily, five months after allowing cryptocurrency trading. In this line, PayPal is now courting the digital currency sector as a critical segment towards its future growth strategy. PayPal currently allows the trading of Bitcoin, Ether, and Litecoin for U.S. customers. Sources close to the company further indicate plans to roll out the United Kingdom feature....

The IT specialist is alleged to have used computers at the station after upgrading them with specialised software while stealing electricity, notesfrompoland.com reports. The incident was confirmed by the National Police Command’s (KGP) spokesman, Mariusz Ciarka. He clarified that the employee in question did not compromise any of the police information. Consequently, the employee was fired with immediate effect, with police noting that he had an accomplice. However, the role of the second person has not been established....

Over the past couple of days, total market capitalization for the entire cryptocurrency space has increased by $130 billion as it tops a trillion dollars once again. The move has reversed a massive weekend correction that saw $150 billion leave the space. As usual, Bitcoin is leading the pack as its price approaches $40,000 again following a sharp decline which dropped it below $32,000 on Tuesday, January 12. Analyst Josh Rager commented that he can now see six figure Bitcoin prices within the next twelve months or so....

Speaking with American businessman and author of the personal finance book “Rich Dad Poor Dad,” Robert Kiyosaki, Trends Research Institute’s founder and director Gerald Celente, discussed the trends to look out for in 2022, giving their views on gold, silver, and Bitcoin as well as the US economic front. Kiyosaki revealed that he’d “never seen it this bad”; likewise, giving his thoughts on the interest rate hike in the US, Celente questioned how the markets could continue to go up....

Despite the dollar’s strong performance, the author of the personal finance book ‘Rich Dad, Poor Dad’ Robert Kiyosaki, believes the U.S. currency’s strength will be short-lived. In a tweet on October 1, Kiyosaki noted that the dollar will potentially crash early 2023 but suggested that silver might be an alternative asset to cushion against a possible dollar crash. In a previous tweet, Kiyosaki also suggested that the United States and England share a historical bond that might spill over the financial markets....

More importantly, home prices across the globe spiked during the Covid lockdowns; therefore, a correction has been in the making; however, according to Nick Gerli, the founder of Reventure Consulting and the owner of the number 1 YouTube channel on real estate investing, a big selloff is coming. Namely, Gerli pointed to the fact that the 6-month US Treasury yield is almost the same as buying and renting out a house in America (Cap Rate), translating into little to no incentive for investors to be in these markets....

By the time of writing, the asset was trading at $29,608 from data provided by Finviz. Rozek states that unless there is a defined framework, the regulatory dynamics could affect the digital currency’s rise. He calls on US regulators to develop a national strategy and support the technology collectively. Rozek adds that a defined regulatory framework will keep the US competitive in the cryptocurrency sector. In the US, Bitcoin’s exact status has been controversial, with stakeholders torn between a commodity or a currency....

The newly appointed CEO, Richard Davies, also said that the company plans to open Revolut card credit offerings later this year. Since it was founded in 2015 by Nikolay Storonsky, Revolut has rapidly grown. The neo-bank has over 2,000 employees. It will also close a funding round that will push its value to £5bn by mid-February. Mr. Davies said that the company’s global headquarters would remain in London with the UK payments being managed from there....

Although XRP value has tended to move in line with the general crypto market, investors are looking at other external factors like the SEC lawsuit against Ripple that will likely impact the token’s price. However, the focus is on whether XRP will surpass the crucial $1 mark, which would likely support the further price gains for the asset. Ripple (XRP) latest market statistics With a market capitalization of $39.8 billion, XRP ranks as the sixth-largest cryptocurrency....

In a blog post, Robinhood indicated that inventors could buy cryptocurrencies from as low as $1 daily, weekly, biweekly, or monthly, all at commission-free. The platform notes that with the cryptocurrency market’s volatility, recurring investments are meant for long-term gains. According to Robinhood: The feature also allows investors to allocate recurring investments across different cryptocurrencies like Bitcoin and Ethereum at zero commission. Robinhood will gradually roll out the feature to users by the end of the month....

On July 31, 2020, Russia’s President Vladimir Putin signed a new digital bill into law. This law introduces the term “digital financial assets” that refers to the form of security tokens whose emission and circulation will be further clarified by the new bill that can be adopted not earlier than at the end of October this year. In a document, Russia’s regulator stresses that digital ruble can potentially combine the features of cash and digital money and, if adopted, it would be the third form of Russia’s national currency....