BTC to lose $21K despite miners’ capitulation exit? 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week fresh from a new multi-week low amid a return of highly nervous sentiment. After dipping below $21,000 over the weekend, the largest cryptocurrency is consolidating around 10% lower than a week ago, and the fear across crypto markets is clearly visible. As some call for new lows and others…

Unit Sales Definition

What are unit sales? On a balance sheet, unit sales represent the total sales of a product over a given period. This sales information is used to determine the price level at which profit can be made per unit given the actual cost of production. Key points to remember Unit sales help determine the best…

How blockchain intelligence can prevent Russia from evading sanctions

As pointed out by Caroline Malcolm, head of international policy at Chainalysis, the transparent nature of blockchain technology makes it relatively easy for crypto intelligence companies to track funds related to sanctioned entities. “We’re in quite a unique position because of the transparency and the permanency and the immutability of that public record,” explained Malcolm…

SEC Form NSAR-A Definition

What is the SEC NSAR-A form? Form SEC NSAR-A was a semi-annual filing with the Securities and Exchange Commission (SEC) that recorded the financial information of investment management companies at the end of their first six months of fiscal year (FY) as part of their N – SAR form filing requirement. The form was discontinued…

Average Bitcoin transaction fee drops under $1 as network difficulty recovers

The average transaction fees on the Bitcoin (BTC) blockchain fell below $1.00 for the first time in over two years, further strengthening its use case as a viable mainstream financial system. High transaction fees over blockchain networks work against the users, especially when making low-value transactions. For example, transaction fees over the Ethereum blockchain skyrocketed several…

Using Decision Trees in Finance

Decision trees are major components of finance, philosophy, and decision analysis in college courses. Yet many students and graduates do not understand their purpose, even though these statistical representations play a vital role in corporate finance and economic forecasting. Decision Tree Basics Decision trees are organized as follows: an individual makes a big decision, such…