Bitcoin ‘very bearish’ below $22.5K, says trader as BTC price dives 6%

Bitcoin (BTC) fell rapidly on Aug. 19 as the culmination of a week’s sideways action ended in disappointment for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView New lows “just a matter of time” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dropped 6.2% in a single hourly candle. Reacting, traders hoped that a rebound could allow …

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The Best Expense Tracker Apps for 2022

With Everlance, create an IRS-compliant mileage log and sync your bank accounts and credit cards for expense and receipt tracking. This application is particularly appreciated by freelancers. Advantages GPS used to create an IRS compliant mileage log Syncs with bank or credit card for expenses and receipts Export mileage and expense reports in PDF, CSV or Excel formats The inconvenients …

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What Is Property, Plant, and Equipment (PP&E)?

Property, plant and equipment are physical or tangible assets that are long-lived assets that generally have a lifespan of more than one year. The following are examples of tangible capital assets (fixed assets): Vehicles like trucks Office furniture Machinery Buildings Undeveloped land Fixed assets are also known as fixed assets, which are long-lived physical assets. Industries considered capital-intensive have a …

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Only 50 or so profiles out of 7,000 Binance employees on LinkedIn are real, says CZ

According to a Sunday Twitter post by Binance CEO Changpeng Zhao, also known as CZ, only about 50 out of 7,000 users claiming to be employees of the world’s largest cryptocurrency exchange on Linkedin are real. The crypto executive lamented the lack of a real-ID authentication system on Linkedin, saying: “I wished LinkedIn has a feature to let the company …

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Best Roth IRA Accounts of 2022

Roth IRA Vs. Traditional IRA How do I qualify for a Roth IRA? As a single taxpayer, you simply need to have a Modified Adjusted Gross Income (MAGI) of less than $129,000 to make the maximum contribution. Contribution amounts are reduced as your income approaches $144,000, after which you no longer qualify for a Roth IRA. For married taxpayers filing …

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Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis

Many owners of precious Bored Ape Yacht Club (BAYC) and CryptoPunks nonfungible tokens (NFTs), who used them as collateral to take out loans in Ether (ETH), have failed to repay their debts. The situation could lead up to the NFT sector’s first massive liquidation event. gm. As a result of the floor dropping to 72, the first BAYC liquidation auction on …

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Annual ARM Cap Definition

What is an annual ARM cap? An annual ARM cap is a clause in the contract of an adjustable rate mortgage (ARM), limiting the possible increase in the interest rate of the loan during each year. The cap, or limit, is usually set in terms of rates, but the dollar amount of principal and interest payment can also be capped. …

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Marginal Cost Meaning, Formula, and Examples

Qu’est-ce que le coût marginal ? En économie, le coût marginal est la variation du coût de production total résultant de la fabrication ou de la production d’une unité supplémentaire. Pour calculer le coût marginal, divisez la variation des coûts de production par la variation de quantité. Le but de l’analyse du coût marginal est de déterminer à quel point une …

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Celsius Network coin report shows a balance gap of $2.85 billion: 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. This past week, Celsius’s financial troubles mounted further as a new coin report showed the company had a balance gap of $2.85 billion, more than double what it had shown in the bankruptcy filing. …

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