NFT space bridges passions for tennis legend Maria Sharapova

Tennis legend Maria Sharapova appeared at the Binance Blockchain Week Paris 2022 to share her interest in nonfungible tokens (NFTs). During an exclusive interview with Cointelegraph, Sharapova mentioned that “she is exposing herself to this new world of crypto and Web3,” noting that the sector will help her better engage with her fans. Sharapova was …

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How Much Americans Spend on Halloween

Ghosts, goblins, and ghouls may be frightening, but what Americans will spend on Halloween this year could be considered even scarier. The COVID-19 pandemic definitely put a damper on Halloween celebrations in 2020, but consumers in the United States spent a record $10.14 billion on Halloween in 2021, according to the National Retail Federation (NRF). Halloween …

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Nexo-labeled address withdraws $153M in Wrapped BTC from MakerDAO

Just a few days after market analysts predicted a 50% drop in NEXO price due to regulatory pressure and investor concerns, a crypto wallet address labeled as NEXO 0x8fd withdrew 7,758.8 Wrapped Bitcoin (WBTC) — roughly worth $153M — from MakerDAO. On Sept. 26, regulators from eight U.S. states filed a cease-and-desist order against Nexo …

Nexo-labeled address withdraws $153M in Wrapped BTC from MakerDAO Read More »

What is wrapped Ethereum (wETH) and how does it work?

Traders who use the Ethereum network are familiar with the ERC-20 technical standard and have most likely traded and invested in tokens that utilize it. After all, its practicality, transparency and flexibility have made it the industry norm for Ethereum-based projects. As such, many decentralized applications (DApps), crypto wallets and exchanges natively support ERC-20 tokens. …

What is wrapped Ethereum (wETH) and how does it work? Read More »

Fidelity Investments vs. TD Ameritrade

Fidelity and TD Ameritrade are among our top-ranking brokers for 2022. Both have websites packed with helpful features, news feeds, research, and educational tools. The two brokers also offer intuitive web-based, mobile, and desktop platforms to address the needs of both casual investors and frequent traders. Account Minimum: $0 Fees: $0 for stock/ETF trades, $0 …

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Nexo-labeled address withdraws $153M in Wrapped BTC from MakerDAO

Just a few days after market analysts predicted a 50% drop in NEXO price due to regulatory pressure and investor concerns, a crypto wallet address labeled as NEXO 0x8fd withdrew 7,758.8 Wrapped Bitcoin (WBTC) — roughly worth $153M — from MakerDAO. On Sept. 26, regulators from eight U.S. states filed a cease-and-desist order against Nexo …

Nexo-labeled address withdraws $153M in Wrapped BTC from MakerDAO Read More »

Free Application for Federal Student Aid Opens for 2023–24 Applicants

As of today, Oct. 1, 2022, the Free Application for Federal Student Aid (FAFSA) is now available for the 2023–24 academic year. Both incoming and current students will have until June 30, 2024, to submit their completed FAFSA form. Additionally, legislation passed in 2021 means that the FAFSA will be different for this academic year. …

Free Application for Federal Student Aid Opens for 2023–24 Applicants Read More »

Sam Bankman-Fried reportedly intended to join the Twitter deal in March

Not only Elon Musk thought of buying Twitter — crypto billionaire and CEO of exchange FTX Sam Bankman-Fried “was interested” in acquiring the social network back in March 2022, according to a report from Business Insider. In the piece, published on Sept. 29, journalists refer to private texts released amid the court battle between Musk …

Sam Bankman-Fried reportedly intended to join the Twitter deal in March Read More »

The Glass-Steagall Act

What Is the Glass-Steagall Act? The Glass-Steagall Act, passed in 1933, forced commercial banks to refrain from investment banking activities in order to protect depositors from potential losses caused by bank speculation in stocks. Glass-Steagall was largely repealed in 1999 although some parts of it remain, including the Federal Deposit Insurance Corp., which guarantees bank …

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Meta Storms Ahead with NFT Sharing on Instagram and Facebook

Social media behemoth, Meta, has ramped up NFT sharing on its flagship products, Instagram and Facebook, opening up its long-touted token integration to all users in the United States. This comes in addition to enabling Instagram’s NFT capabilities to all 100 countries participating in the digital collectibles program. Following the update, users within its covered …

Meta Storms Ahead with NFT Sharing on Instagram and Facebook Read More »

What Are “Fabless” Chip Makers?

Fabless chip makers are companies that produce semiconductors for use in various types of electronics, such as digital cameras, smartphones, and the new technologically sophisticated “smart” cars. The term “fabless” means that the company designs and sells the hardware and semiconductor chips but does not manufacture the silicon wafers, or chips, used in its products; …

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KLAYMETA Goes Multi-Chain with Powerful New BNB Ally

Medieval anime-style battle heroics will soon get a whole lot more versatile, as the KLAYMETA ecosystem goes multi-chain. The trailblazing platform is taking its first steps towards interoperability by welcoming the powerful BNB network into the fold. A Powerful New Ally in the Race for Interoperability As alluded to earlier in the year, KLAYMETA has …

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DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report

Major decentralized exchange (DEX) Uniswap (UNI) is in the early stages of raising significant funds to further expand its decentralized finance (DeFi) offerings, according to a new report. Uniswap Labs, a DeFi startup contributing to the Uniswap Protocol, is engaging with a number of investors to raise an equity round of $100 million to $200 …

DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report Read More »

DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report

Major decentralized exchange (DEX) Uniswap (UNI) is in the early stages of raising significant funds to further expand its decentralized finance (DeFi) offerings, according to a new report. Uniswap Labs, a DeFi startup contributing to the Uniswap Protocol, is engaging with a number of investors to raise an equity round of $100 million to $200 …

DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report Read More »

Investor Sentiment on Thin Ice Amid Rate Hikes and Swoon in Stocks

Aggressive rate hikes and posturing by the Federal Reserve in an effort to bring down inflation, and the return of a bear market for U.S. equities have contributed to the most pessimistic sentiment among investors all year, according to our most recent survey of our daily newsletter readers. The survey, fielded from September 20-27, captured …

Investor Sentiment on Thin Ice Amid Rate Hikes and Swoon in Stocks Read More »

BUY 🟢 DAR/USDT

CRYPTO SIGNAL 📢 BUY AROUND 🟢 0.21100

Binance launches New Zealand-based offices following regulatory approval

Global cryptocurrency exchange Binance has registered with New Zealand’s Ministry of Business, Innovation and Employment and opened local offices in the country. In a Sept. 29 tweet, Binance said it was registered as a financial service provider in New Zealand, allowing residents to access services including spot trading, nonfungible tokens and staking. The move to …

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Nike’s Efforts to Clear Excess Inventories Hit Profit Margins

Shares of Dow component Nike (NKE) are tumbling after the company released its latest earnings report. The company beat analyst estimates for earnings and sales, but its profit margins took a hit from markdowns to clear out excessive inventory. Higher freight costs and a stronger dollar also weighed on Nike profits. The athletic gear giant …

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US senator bill seeks to cushion crypto exchanges from SEC enforcement actions

United States Senator Bill Hagerty, a member of the Senate Banking Committee, introduced legislation seeking a safe harbor for cryptocurrency exchanges from “certain” Securities and Exchange Commission (SEC) enforcement actions. The Digital Trading Clarity Act of 2022, introduced by Sen. Hagerty, aims to provide regulatory clarity around two primary concerns plaguing crypto exchange establishments — …

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Today’s Mortgage Rates & Trends

The rates you see here generally won’t compare directly with teaser rates you see advertised online, since those rates are cherry-picked as the most attractive. They may involve paying points in advance, or they may be selected based on a hypothetical borrower with an ultra-high credit score or taking a smaller-than-typical loan given the value …

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Crypto and decentralization could influence voters in 2022 US midterm elections: Report

A poll of 800 likely midterm voters in four U.S. swing states suggested that the overwhelming majority favored ideas around decentralization, and many were HODLers. According to a Sept. 29 report from venture capital firm Haun Ventures on a survey conducted by business intelligence company Morning Consult, roughly one in five voters polled in New …

Crypto and decentralization could influence voters in 2022 US midterm elections: Report Read More »

Vanguard vs. TD Ameritrade

Vanguard and TD Ameritrade are among the largest brokerage firms in the U.S.—but the similarities stop there. Vanguard offers an impressive lineup of low-cost mutual funds and exchange-traded funds (ETFs) aimed at buy-and-hold investors and retirement savers. Meanwhile, TD Ameritrade offers several trading platform including regular web platforms, a primary mobile app for regular users, …

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Bitcoin 2021 bull market buyers ‘capitulate’ as data shows 50% losses

Bitcoin’s (BTC) spot trading below $20,000 is seeing a new “capitulation” event encompassing an entire year’s worth of buyers, research reveals. In one of its Quicktake market updates on Sept. 29, on-chain analytics platform CryptoQuant flagged intense selling by a large number of recent hodlers. 2021 bull market coins “have been sold aggressively” As BTC/USD …

Bitcoin 2021 bull market buyers ‘capitulate’ as data shows 50% losses Read More »

Vanguard S&P 500 ETF

The Vanguard S&P 500 ETF (VOO) is a fund that invests in the stocks of some of the largest companies in the United States. VOO is an exchange traded fund (ETF) that tracks the S&P 500 index by owning all of the equities within the S&P 500. The S&P 500’s investment return is considered a …

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What is regenerative finance (ReFi) and how can it impact NFTs and Web3?

On Sept. 30, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with Mashiat Mutmainnah to discuss how regenerative finance (ReFi) can provide more accessibility and inclusivity to blockchain technology.  As a “mission-driven movement,” Mutmainnah explains that ReFi enables users to redefine their relationship with the current financial system and …

What is regenerative finance (ReFi) and how can it impact NFTs and Web3? Read More »

What is regenerative finance (ReFi) and how can it impact NFTs and Web3?

On Sept. 30, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with Mashiat Mutmainnah to discuss how regenerative finance (ReFi) can provide more accessibility and inclusivity to blockchain technology.  As a “mission-driven movement,” Mutmainnah explains that ReFi enables users to redefine their relationship with the current financial system and …

What is regenerative finance (ReFi) and how can it impact NFTs and Web3? Read More »

What to Do After You’ve Over-Contributed to Your 401(k)

The most common basic personal finance advice anyone gets is this—max out your 401(k) contributions. But what does that mean? How much is the maximum, and what do you do if you exceed it? And yes, you can exceed it—under certain circumstances. Excess contributions, in fact, are double-taxed (in the contribution year and again when …

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Amber Group uses simple hardware to show just how fast, easy the Wintermute hack was

Amber Group has reproduced the recent Wintermute hack, the Hong Kong-based crypto finance service provider announced on its blog. The process was fast and simple, and used hardware easily accessible to consumers. Wintermute lost over $160 million in a private key hack on Sept. 20. Reproducing the hack can help “build a better understanding of …

Amber Group uses simple hardware to show just how fast, easy the Wintermute hack was Read More »

Reverse Mortgage vs. Forward Mortgage: What’s the Difference?

Reverse Mortgage vs. Forward Mortgage: An Overview If you’ve never heard of a forward mortgage, there’s a reason for that. The term refers to traditional mortgages and is rarely used, except in comparison with a reverse mortgage. Whether you go with a forward or reverse mortgage depends upon where you are at this point in …

Reverse Mortgage vs. Forward Mortgage: What’s the Difference? Read More »

The feds are coming for the metaverse — from Axie Infinity to Bored Apes

The metaverse is a futuristic iteration of the internet, featuring a digital economy and an immersive virtual environment alongside other interactive features. This relatively nascent space has gained so much traction in recent years that conservative estimates suggest that by 2024, its total valuation could top $800 billion. Meta (the parent body behind Facebook and …

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CFTC takes legal action against Digitex futures exchange and CEO

The United States Commodity Futures Trading Commission, or CFTC, filed a complaint against Digitex LLC and its founder and CEO Adam Todd for failing to register the cryptocurrency futures exchange and manipulating the price of its DGTX token. According to a Sept. 30 court filing in the Southern District of Florida, Todd allegedly pumped up …

CFTC takes legal action against Digitex futures exchange and CEO Read More »

Federal Reserve Regulation D Definition

What Is the Federal Reserve Board Regulation D? The Federal Reserve Board Regulation D sets reserve requirements for financial institutions. This is a monetary policy tool that also previously imposed a six-per-month withdrawal limit on savings accounts. This limit was lifted in 2020 amid the COVID-19 pandemic, as well, reserve requirement ratios were set to …

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So what if Bitcoin price keeps falling! Here is why it’s time to start paying attention

For bulls, Bitcoin’s (BTC) daily price action leaves a lot to be desired, and at the moment, there are few signs of an imminent turnaround.  Following the trend of the past six or more months, the current factors continue to place pressure on BTC price: Persistent concerns of potential stringent crypto regulation. United States Federal …

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DeFi needs appropriate regulation before moving to retail, says Fed Chair: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. United States Federal Reserve chairman Jerome Powell has given his verdict on the evolution of the DeFi market, claiming there is a definite need for robust regulation before the …

DeFi needs appropriate regulation before moving to retail, says Fed Chair: Finance Redefined Read More »

Bitcoin profitability for long-term holders decline to 4-year low: Data

Bitcoin’s (BTC) long-term profitability has declined to levels last seen during the previous bear market in December 2018. According to data shared by crypto analytic firm Glassnode, BTC holders are selling their tokens at an average loss of 42%. Bitcoin long term holders,  Source: Glassnode The Glassnode data indicate that long-term holders of the top …

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Price analysis 9/30: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT

Equities markets have extended their decline, but Bitcoin and select altcoins have not given up much ground, leading some traders to believe that the bottom is in. <p>The United States equities markets have been under a firm bear grip for a large part of the year. The S&amp;P 500 and the Nasdaq Composite have <a …

Price analysis 9/30: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT Read More »

CFPB Announces Lawsuit Against MoneyLion

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against the online lender MoneyLion. The federal agency alleges that the lender, which provides interest-free cash advances and other financial products and services, deceived and overcharged military service members and their families, and also lied about customers’ ability to cancel their membership. Key Takeaways MoneyLion …

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SELL 🔴 🪙 NZD/CAD

FOREX SIGNAL 📡 SELL AT (AROUND) 🔴 0.77732 STOP LOSS ⚠️ 0.78129 (39.7) TAKE PROFIT 🎯 0.77129 (60.3) NB. We NEVER collect money from you to trade on your behalf. If you are approached by anyone claiming to be a representative of this platform, and who requests you give them money, bitcoin ₿, or any …

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MicroStrategy takes its BTC maximalism to the next level with new engineer hire

MicroStrategy, the business intelligence and tech company that holds the world’s largest Bitcoin reserve, is hiring a Bitcoin Lightning software engineer to create a Lightning Network-based software-as-a-service platform.  The new engineer will be responsible for building a Lightning Network-based platform to address enterprises’ cybersecurity challenges and enable new e-commerce use-cases, according to a job posting …

MicroStrategy takes its BTC maximalism to the next level with new engineer hire Read More »

Student Loan Interest Rates

Student loan interest rates have climbed in the last year as the Fed has increased interest rates to combat inflation. Though rates have gone up, they are still currently some of the lowest we’ve seen in history. Before taking out student loans, there are important things to consider, particularly in this volatile economic climate. Key …

Student Loan Interest Rates Read More »

BUY 🟢 DAR/USDT

CRYPTO SIGNAL 📢 BUY AROUND 🟢 0.21100

Blockchain interoperability goes beyond moving data from point A to B — Axelar CEO Sergey Gorbunov

Cross-chain communication between blockchains is more than just moving data from point A to B, but how it can connect applications and users for enhanced experiences and fewer gas fees in Web3, outlined Sergey Gorbunov, Axelar Network co-founder and CEO, speaking to Cointelegraph’s business editor Sam Bourgi on Sept. 28 at Converge22 in San Francisco.  …

Blockchain interoperability goes beyond moving data from point A to B — Axelar CEO Sergey Gorbunov Read More »

Fed’s Preferred Inflation Gauge Rose More Than Expected in August 2022

Consumer prices climbed more than expected in August, even as the Federal Reserve moves to raise interest rates to slow rising prices, according to the latest report on personal incomes and expenditures by the Bureau of Economic Analysis (BEA). The BEA’s Personal Consumption Expenditures (PCE) Price Index rose 0.3% in August, more than the 0.1% …

Fed’s Preferred Inflation Gauge Rose More Than Expected in August 2022 Read More »

$1.3M Borrowed with MAYC NFTs as Collateral, Will it be Repaid?

As they become even more popular, NFTs have become more commonly used as collateral for loans. Now, entire platforms have been set up to allow people to leverage their digital assets to borrow crypto or fiat currency.  One of the latest stories from the NFT-backed loan sector is $1.3 million worth of Ethereum which was …

$1.3M Borrowed with MAYC NFTs as Collateral, Will it be Repaid? Read More »

NEXO risks 50% drop due to regulatory pressure and investor concerns

Crypto lending firm Nexo (NEXO) risks losing half of its valuation by the end of 2022 as doubts about its potential insolvency grow in the market. Is Nexo too centralized? For the unversed: eight U.S. states filed a cease-and-desist order against Nexo on Sep. 26, alleging that the firm offers unregistered securities to investors without …

NEXO risks 50% drop due to regulatory pressure and investor concerns Read More »

The Best 15-Year Mortgage Rates for 2022

The average 15-year fixed mortgage rate nationwide is 6.59% and the 15-year jumbo mortgage rate is 5.90%, as of September 30, 2022. These rates are not the teaser rates you may see advertised but, based on our methodology, should more accurately represent what customers can expect to get depending on their qualifications. You can learn …

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Bitcoin surges above $20K after 6% BTC rally gains steam ahead of the monthly close

Bitcoin (BTC) swiftly climbed above $20,000 after the Sept. 30 Wall Street open as end-of-month volatility began.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin volatility back for monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 3% in a single hourly candle to hit local highs of $20,171 on Bitstamp. The move …

Bitcoin surges above $20K after 6% BTC rally gains steam ahead of the monthly close Read More »

How to Navigate Market Volatility

Volatility has been an ongoing economic theme this year, with the stock market recently entering bear market territory. If you have concerns about your investments, you’re certainly not alone. Research shows that many investors are anxious about the best ways to manage the risks associated with current market swings. In fact, a recent survey found …

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SELL 🔴 🪙 NZD/CAD

FOREX SIGNAL 📡 SELL AT (AROUND) 🔴 0.77732

BUY 🟢 🪙 CAD/CHF

FOREX SIGNAL 📡 BUY AT (AROUND) 🟢 0.71620