Tag Archives: News

New York City and Hangzhou are the world’s wealthiest cities considering number of HNWIs and millionaire population growth. A new report on wealth growth in some of the world’s largest cities has revealed new figures for the world’s wealthiest cities. According to London-based investment migration consultancy firm, Henley & Partners, there is still some growth in millionaire numbers in several cities despite a biting recession. The report uses data recorded up to December last year....

Solana price started a decent increase above the $23.80 resistance against the US Dollar. The price is now trading above $24 and the 55 simple moving average (4 hours). There is a key rising channel forming with resistance near $26.20 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $24.00 and $23.80 support levels to start another increase. Solana price is trading in a positive zone above $24 against the US Dollar, similar...

Bitcoin price is trading in a positive zone from the $29,250 support against the US Dollar. The price is now trading above $29,500 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $30,400 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $30,400 resistance zone. Bitcoin price is rising from $29,250 against the US Dollar. BTC might eye...

Crowd Strike Holdings Inc. – a security research firm – has released a new report detailing what has been labeled the first crypto jacking campaign targeting the Kubernetes infrastructure. Crypto Jacking… Yup! It’s Still Around! Crypto jacking is (at this stage) an old method of illegally mining cryptocurrency. What one does is they place malware onto a specific site or application that a victim comes across. In visiting the website or in opening the app, the malware is...

Popular coin Bitcoin is up 80% in 2023 and is by far the year’s best-performing asset compared to gold and others. Bitcoin (BTC) bears might be flush with some humiliation as the leading crypto becomes the best-performing asset in 2023. Once again, BTC lived up to its billing as the leading digital asset, with bulls consolidating their ranks in the price tug-of-war. However, positive signs suggest that the world’s largest crypto by market cap is on an upward trajectory. Furthermore,...

Gaming fintech firm Zebedee – through its partnership with mobile gaming enterprise Fumb Games – has developed a game called Bitcoin Miner, a mobile application that simulates a crypto mining facility. This would be fun all in itself, but there’s even better news today in that the game has allegedly been played by more than one million people. Zebedee Hits a Milestone with Bitcoin Miner This is proof that everyone has caught, in one way or another, the crypto mining bug,...

The company’s investors are bullish on the BAC stock following the earnings release. American multinational financial services giant Bank of America Corp (NYSE: BAC) has released its first quarter (Q1 2023) performance report which shows significant growth milestones. According to details shared by the bank, its revenue came in at $26.39 billion as against the $25.13 billion expected from analysts. The Charlotte, North Carolina Headquartered bank also saw a shift in its Earnings Per Share...

Coinbase Global shares have gained more than 91 percent YTD to trade around $69.72 on Tuesday amid Bitcoin’s 2023 pump. Coinbase Global Inc (NASDAQ: COIN) was served a Wells notice from the US Securities and Exchange Commission (SEC) for an undefined portion of its listed digital assets, Coinbase Earn, Coinbase Prime, and Coinbase Wallet. With several other top centralized exchanges including Bittrex and Binance under the SEC’s radar, Coinbase Global has begun exploring global options,...

The Nike Virtual Studio launch of the OF1 is also in tandem with the ideologies as it seeks to preserve the legacies of the Nike sneakers in all of their glory to collectors. Web 3.0 startup, Nike Virtual Studio is set to release the Our Force 1 (OF1) Non-Fungible Token (NFT) token as it seeks to power the accessibility to custom utilities for communities linked to its growth across the board. As detailed in a blog post, the chain of events leading to the release of the OF1 collection will...

In its Q1 2023 report, Swedish telecom giant Ericsson described India as a viable market that drove sales up fivefold.  Ericsson (NASDAQ: ERIC) recently reported its Q1 2023 earnings which beat expectations and revealed a boost in quarterly profit. On Tuesday, the Swedish telecom giant first-quarter core earnings benefited from increased sales of 5G equipment in countries like India. Ericsson’s net sales grew 14% in the first three months of 2023, surpassing the consensus estimate of 60.43...