Day: May 8, 2023

The Growing Interest in Cryptocurrency from Institutional Investors

boss

Institutional investors’ interest in cryptocurrencies has grown over the past few years. Institutional investors are beginning to see the potential of cryptocurrencies as an asset class, including hedge funds, asset managers, and family offices. We’ll look at the factors driving institutional investors’ increased interest in cryptocurrencies in this article. Investment Portfolio Diversification The desire to diversify investment portfolios is one of the primary drivers of institutional investors’ increased interest in cryptocurrencies. Using cryptocurrency, portfolios can be diversified beyond conventional asset classes like stocks, bonds, and real estate. This diversification can…

What is the risk/reward ratio in cryptocurrency trading, and how to use it

The risk/reward ratio or risk/return ratio is a commonly used metric in trading that compares the potential profit of a trade with the potential loss. That said, it’s the reward traders stand to make for the risk they take.  For example, an investment with a risk/reward ratio of 1:3 would mean that for every dollar the investor spends, they gain three dollars if the trading goes in their favor. The risk/reward ratio is decisive to cryptocurrency trading, whether for daily trades or crypto investment for the long run, known as “hodling.”…

PacWest Cuts Dividend as Regional Banks Recovery Deepens

Regional banks are financial institutions that operate in specific geographic areas of the country and often provide a variety of banking services such as deposit accounts, loans, and other financial goods. PacWest Bancorp (NASDAQ: PACW), an American regional bank with headquarters in Beverly Hills, California has reduced its shareholder’s dividends amid the current banking crisis. This bold gesture has helped ticked the sheer recovery in the shares of the regional bank. As reported by CNBC, the business announced a dividend drop from 25 cents in the prior quarter to 1…

Ripple CEO Brad Garlinghouse Reveals Legal Cost of Fighting SEC at Dubai Fintech Summit

Garlinghouse expects the Judge to issue a summary ruling on the SEC vs Ripple case before the end of this year. The SEC vs Ripple Labs lawsuit is slated to be one of the largest legal fights for blockchain and cryptocurrency development in the United States for the next decades. Already, hundreds of projects on Ethereum using the ERC-20 standard, and other Layer One blockchains that undertook initial coin offerings (ICO) in the United States are eagerly waiting for the final ruling by Manhattan District Judge Analisa Torres. From the…

Does Bitcoin price risk losing $28K with BTC futures premium at 2-month lows?

boss

For the past 17 days, Bitcoin (BTC) price has been trading within a narrow 8.5% range from $27,250 to $29,550, causing the 40-day volatility metric to drop below 40%. This wasn’t restricted to cryptocurrencies as the S&P500 index’s historical volatility has reached 17%, its lowest level since December 2021. But will $28,000 become the new resistance? Not according to the latest Bitcoin futures and options data. Nevertheless, macroeconomic conditions remain the main driver for risk markets’ price fluctuations in the near to medium terms. BTC price flattens as investors lose…

The Impact of Cryptocurrency on the Real Estate Industry

boss

The real estate sector is not an exception to how cryptocurrencies are impacting other businesses. The use of cryptocurrencies, in particular Bitcoin, has grown in the real estate industry in recent years. This article will examine how cryptocurrencies are affecting the real estate market. Faster and affordable transactions The potential for speed and cost savings over more conventional ways makes adopting cryptocurrencies in real estate transactions one of their main advantages. Real estate transactions can take weeks or even months to complete using conventional procedures. Transactions involving cryptocurrency can be…

Coinbase CEO Brian Armstrong Says Crypto Exchange 100% Committed to the US Despite Regulatory Crackdown

boss

Coinbase CEO Brian Armstrong says the firm is confident it can pull through the current anti-crypto regulatory crackdown that is stirring uncertainty across the industry. During Coinbase’s first quarter earnings call, Armstrong says the exchange remains completely committed to making things work at home in the US.  Coinbase recently received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) warning of a potential coming enforcement action against the company for alleged violation of securities laws. “So let me be clear, we’re 100% committed to the U.S. I founded…

Average Bitcoin Transaction Fees Skyrocket to $19.20 per Transfer as Over 440,000 Transactions Remain Unconfirmed – Bitcoin News

boss

Bitcoin transaction fees have surged significantly in the past 24 hours, with the average fee reaching $19.20 per transfer. The increase in fees can be linked to a backlog of transactions trapped in the mempool, as over 440,000 unconfirmed transactions are currently awaiting confirmation. Block Reward Dethroned: Bitcoin Transaction Fees Surpass Mining Subsidy for the First Time Since 2017 On Sunday, May 7, 2023, bitcoin transaction fees exceeded the block reward for the first time since December 2017 at block height 788,695. Subsequent block heights 788,700 and 788,702 also witnessed…

5 common interview questions for Web3 jobs

When interviewing for Web3 jobs, it’s important to be prepared for a range of questions that may vary depending on the specific role and the company you are interviewing with. That said, there are some common interview questions that you can expect to encounter. These questions typically cover your understanding of the Web3 ecosystem, your experience with blockchain technologies, your contributions to decentralized applications (DApps) and smart contracts, your approach to problem-solving and collaboration, and your ability to address security and scalability challenges. However, keep in mind that there is…