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Indeed, the flagship digital asset Bitcoin, is once again trading in the green, which has, in turn, had a knock-on effect on the other cryptocurrencies, whose prices have begun to rise as a result of the recovery. A notable difference between Bitcoin’s value at the start of 2021 and its current value is that Bitcoin is trading at $55,223 at the time of writing, representing an 88% return on investment for Bitcoin since the beginning of the year when it was trading at $29,286....

These price increases come after Bitcoin temporarily dropped below $30,000 at the end of July. Bitcoin is currently around $8,000 away from the all-time high of $64,863 it reached on April 14, 2021. Currently, BTC is trading at $56,457, up 1.29% in the last 24 hours and up 18.08% over the previous seven days, according to CoinMarketCap.com. In addition, prominent crypto trader, Michael van de Poppe, believes the next stage of the bull run for Bitcoin will see it rise to $61,000 and beyond....

In particular, by press time, BNB, the fourth largest cryptocurrency by market capitalization, was trading at $276, recording losses of about 4% in the last 24 hours. As per Finbold data, BNB has extended its losses in the last seven days, recording a slump of about 5% on the weekly chart. Although BNB has been weighed down by the general crypto market correction and the fallout from the FTX exchange collapse, the latest correction has come in the wake of new legal trouble facing Binance....

In particular, the Royal Canadian Mounted Police (RCMP) Canada’s national police force has issued an order requiring all FINTRAC-regulated organizations in Canada to stop interacting with 34 crypto wallets, according to The Counter Signal. It is still unknown whether or not this request from the police will result in a breakdown in the disbursement of the funds. The order comes after Canadian Prime Minister Justin Trudeau invoked the Emergency Act for the first time since 1988 in response to the continuing trucker protests on February 14....

According to Hoskinson, for the sector to thrive, there is a need for a regulatory regime that puts into consideration the benefits of digital assets to the masses, he said during a videocast on October 13. Crypto as financial operating system Hoskinson added that with regulations, cryptocurrencies have the potential to become a financial operating system by catering to the needs of the masses, like solving the unbanked challenge. At the same time, Hoskinson pointed out that the United States is making the right steps regarding crypto regulation while projecting that a comprehensive law might come out next year....

BTC.TOP chief executive Jiang Zhuoer has aired his thoughts with local media over the weekend revealing why, in his opinion, the Bitcoin bull market will come to an end and when that will occur. The Bitcoin mining pool manager stated that the market could switch from bull to bear as early as September 2021 or as late as mid-2022 depending on a number of factors. Return of the bears in autumn?...

Meanwhile, in the commodity markets, a sign of troubles ahead emerged, as the scenario last seen during the 2008 crisis is seemingly repeating itself. Namely, Bloomberg Intelligence’s Senior Commodity Strategist, Mike McGlone, took to Twitter on October 25 to warn of the correlation in the commodity markets with 2008. Similar performance Commodity prices seem to follow a similar trajectory to that which occurred in 2008, where the valuation was 1....

Indeed, according to Ali Martinez, a crypto market specialist, a Fibonacci retracement level at $38,530 has been identified. The expert believes, if broken, it may cause the flagship digital currency to fall even further, perhaps as low as $27,000. Similarly, Dutch analyst Michaël van de Poppe has pinpointed a similar level of support which he suggests is ‘crucial’ to stop BTC from falling to $32,000 or perhaps even sub $30,000....

Indeed in the last 24 hours, the crypto market capitalisation has seen an inflow of $60 billion, climbing from $875 billion to $935 billion over the previous day, according to data from CoinMarketCap. The global crypto market cap has seen an increase of 6.59% over the last day. In particular, the total market volume during the previous 24 hours is $113.50 billion, which makes an 18.84% increase. Bitcoin price resurgence After sinking very close to the $20,000 mark on Wednesday, June 15, Bitcoin marginally rose to over $22,000....

In a YouTube video, Poppe acknowledged that since the start of the year, Bitcoin has been trading sideways, but the recent minor correction below $40,000 has opened the door for a further price drop. Although he believes that trading at $31,000 remains a possibility, he notes that the level is untested considering the recent trading patterns. Strong dollar impacting Bitcoin He noted that Bitcoin’s inability to embark on another rally could be tied to the strong dollar performance, but the crypto asset is showing stability....

On July 22, Prince William joined CNBC’s technology reporter MacKenzie Sigalos in an interview to explain his innovative plan to try and preserve history. The Lobkowicz family has been fighting to preserve its art collection spanning over 600 years. During the Second World War, the priceless collection was stolen twice, first by the Nazis and then by the communists. Meanwhile, thanks to receipts left behind by the Nazis of the stolen goods, the Prince managed to reclaim his family’s artifacts....

The Cambridge Centre for Alternative Finance (CCAF) research team released new datasets demonstrating geographic movements in Bitcoin mining where an update to the CBECI digital tool shed new light on the mining market. By way of illustration, the report indicates that China’s share of global hash rate (the total computational power of server farms participating in Bitcoin’s consensus process) had been steadily declining for some time prior to the country’s government’s clampdown on mining in June 2021....

One of them is a prominent crypto analyst and former institutional investor with 25 years of experience in financial markets known as PlanB, who posted a chart on his Twitter account on July 14, demonstrating a linear correlational relationship between the traditional asset classes and Bitcoin. Better investment than other assets? According to the chart, which compares a 10-year growth of both S&P 500 on the x-axis and Bitcoin on the y-axis, S&P 500’s average prices have advanced four times – from around $1,000 to $4,000, whereas Bitcoin’s increased 1,000 times during the observed period – from $10 to $10,000, as PlanB explained, describing this as “spectacular....

With dramatic moves in the market, traders and investors remain interested in the meme stock as it maintains its position as one of the most trending stocks in the market. AMC’s price started 2022 at $27.20, so currently, the price decreased by -84% from the beginning of the year. Notably, Coin Price Forecast, which uses data science and machine self-learning technology for stocks and cryptocurrencies, predicts that the AMC price at the end of 2022 will be $4....

In particular, as of October 7, the Dow Jones index that tracks the 30 largest industrial stocks was more volatile than Bitcoin, data shared ZeroHedge indicates. Bitcoin’s latest achievement highlights the asset’s maturing nature considering it has been classified among the most volatile investments. Notably, proponents have maintained that once Bitcoin matures, characterized by increased adoption, the asset will be less volatile and trade like traditional assets. Bitcoin’s historical volatility Overall, Bitcoin has historically been marred by volatility, but traditional financial markets are usually much more stable....

During her five years as a vice president at Starbucks, Barone was responsible for managing a variety of the company’s departments and operations. Dutch Bros’ CEO Joth Ricci stated: It is expected Barone’s hands-on leadership and extensive understanding of the coffee and service sectors will be invaluable as she looks to lead Dutch Bros to its target of 4,000 stores over the next 10 to 15 years. BROS chart and analysis Dutch Bros closed at $35....

Specifically, Musk denied ever saying that people should invest in crypto but confirmed having some investment in Bitcoin (BTC), talking to Bloomberg News Editor-in-Chief John Micklethwait on June 21. As he explained: After it briefly traded below $19,000 on Saturday, Bitcoin is back above the $20,000 mark and at press time was trading at $21,200, which is an increase of 4.17% on the day, despite still being at a loss of 6....

A statement from the exchange indicates that the new product will serve companies directly or indirectly involved with bitcoin. BitcoinWorldwide is part of leveraging on bitcoin’s rising popularity among institutions. eToro notes that companies in the portfolio are mainly bitcoin value chain firms. The group includes firms operating in cryptocurrency mining, semiconductor, payments, exchange, custodianship, and insurance spaces. The portfolio has listed firms like PayPal (NASDAQ: PYPL), chip manufacturer Nvidia, mining hardware producer Canaan and crypto exchange Coinbase....

Besides rising inflation, one of the main culprits of the energy crisis in Europe is natural gas, the rising price of the commodity, and reduced exports of it from Russia as a consequence of their invasion of Ukraine. Furthermore, the UK, France, Germany, Italy, and the Nordic region have seen prices for megawatt-hour jump by 5.5% to €645.54 (~$640.83), seven times higher than the same period last year. Meanwhile, Javier Blas, energy and commodities columnist at Bloomberg, shared his view of the energy crisis in Europe on Twitter....

Specifically, the Financial Stability Board (FSB) – the international body that monitors and makes recommendations about the global financial system – has called the novel asset class an ‘unreliable store of value’ in need of ‘robust regulation’, according to the regulator’s letter to the G20 finance ministers and central bank governors dated on July 11. The letter issued a warning about the global financial system’s pre-existing vulnerabilities illuminated by the increasing inflation, decreased growth, and tighter global financial conditions, as well as that these circumstances could cause further problems....