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Crypto industry braced for fallout after weekend meltdown

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Crypto industry braced for fallout after weekend meltdown
Bitcoin fell as low as $17,628 under pressure from central bank rate rises

 

Crypto investors and executives are bracing themselves for further pain after the price of bitcoin tumbled over the weekend, worsening the credit crunch hitting the industry. Bitcoin, the world’s most actively traded cryptocurrency, fell as low as $17,628 on Saturday before rebounding, according to data from CryptoCompare. Investors and executives have been anxiously watching the token’s price, fearing a drop below $20,000 may prompt forced liquidations of large leveraged bets. Bitcoin, which acts as the main benchmark for the broader cryptocurrency market, has come under acute pressure in recent months as central banks and governments shifted from a prolonged period of ultra-low interest rates to a fight against surging inflation. “This is a dark winter ahead for crypto as the era of free money comes to an end with this weekend another brutal sell-off across the board. Risk assets are all getting thrown out the window,” said Dan Ives, managing director and senior equity analyst at Wedbush Securities. The hunt for returns has shifted as big central banks, led by the US Federal Reserve, boost borrowing costs and bring to an end the pandemic-era efforts to stimulate economic growth. Traditional financial markets have been rattled this month as traders fretted that the aggressive action could snarl global growth or even trigger a recession. Last week was the worst for global equities since the darkest days of the pandemic in March 2020. Bitcoin has fallen about 70 per cent from its all-time high of nearly $70,000 last November to just above $20,000 as of Sunday afternoon eastern time. Ether, another actively traded token, dropped as low as $900 over the weekend, meaning its price has fallen by four-fifths since its peak late last year. That has contributed to an escalating credit crunch in the digital asset industry that threatens to engulf many of its major actors. In the last month, so-called stablecoin terra and its sister token luna — popular with crypto traders seeking ultra-high yields — collapsed, two lending platforms prevented depositors from withdrawing their assets, and crypto hedge fund Three Arrows failed to meet margin calls in the wake of lender demands. The weekend’s sell-off prompted more than $600mn worth of leveraged positions to be liquidated, according to data from Coinglass, as traders who had borrowed money to take supercharged market bets failed to post more collateral and were wiped out. Analysts expect these losses will put further pressure on traders and lenders’ balance sheets, because many users took out loans against their crypto asset holdings.

However, dogecoin, the “joke” cryptocurrency, rose after Elon Musk, chief executive of electric car maker Tesla, posted a tweet of his continued support for the token. Nayib Bukele, the president of El Salvador and a bitcoin champion, told investors on Sunday to “stop looking at the graph and enjoy life”. Bukele, who spearheaded El Salvador’s adoption of bitcoin as legal tender last year, has dismissed warnings from the IMF over the policy. The troubles in the crypto market have rippled back into corners of the mainstream financial market. US-listed MicroStrategy, a tech group which is a major investor in bitcoin, has tumbled almost 70 per cent this year. Shares in crypto miners, which earn fees for validating crypto transactions, have also dropped sharply. Crypto exchanges — platforms that sit directly in the teeth of the unrelenting market crash — have been forced to reverse hiring plans. The list includes Coinbase, Gemini, Mercado Bitcoin — a popular exchange in South America — and Celsius rival lender BlockFi, which cut 20 per cent of staff this month.

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Flexible Endoscopes Market Forecast 2022-2030

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Flexible Endoscopes Market Forecast 2022-2030

Flexible Endoscopes Market to Reach US$ 11.0 bn by 2031, driven by rapid advancement of flexible endoscope technology: Global Insight Services

New York, October 2022: According to a new research study by Global Insight Services (GIS), the global flexible endoscopes market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 11.0 billion by 2031.

Request Sample Pages of this Research Report: https://www.globalinsightservices.com/request-sample/GIS24302/

Flexible Endoscopes Market: Key Trends and Drivers

Rising awareness regarding the advantages of early-stage diagnosis is expected to amplify the flexible endoscopes industry share. The detection of chronic diseases such as cancer, for example, at the earliest stages can lead to effective treatment and the improvement of survival rate. Since cancer is the leading cause of mortality worldwide, accounting for over 10 million deaths in 2020, the need for medical equipment for early disease detection, including flexible endoscopes, will surge considerably.

Flexible Endoscopes Market: Restraints & Challenges

key challenge for the flexible endoscopes market is the need for regular maintenance and cleaning of the devices. Because flexible endoscopes are inserted into the body, they can come into contact with bodily fluids and other contaminants that can lead to infection. As a result, regular cleaning and maintenance of these devices is essential to ensure patient safety.

Flexible Endoscopes Market Report Findings https://www.globalinsightservices.com/reports/flexible-endoscopes-market/

The fiberscope segment is likely to hold a dominant flexible endoscopes market share and grow at a substantial CAGR during the forecast period.

Based on product, it is segmented into video endoscope and fiberscope categories. In 2021, fiberscope segment dominated the market and accounted for the largest revenue share in 2021. This is attributed to the The growing gastrointestinal abnormalities are driving the demand for flexible encodes in the global market. The number of diseases for which flexible endoscopy devices are used has increased considerably in recent years. Traditionally the significant segments of endoscopy application are gastrointestinal endoscopy and pulmonary endoscopy. The market analysis for the global flexible endoscopes market has predicted the growth of the pulmonary endoscopy segment to be at a CAGR of 6.8% during the forecast years.

The GI endoscopy segment is anticipated to hold a majority of the flexible endoscopes market size throughout the study period.

Based on the application spectrum, the flexible endoscopes market is divided into GI endoscopy, ENT endoscopy, urology, pulmonary endoscopy, and others. GI endoscopy segment surpassed significant market size in 2021. This is due to the increased burden of functional gastrointestinal diseases and the rising geriatric population across the globe. In addition, an increase in the number of upper gastrointestinal procedures performed and the growth in the adoption of endoscopes for the treatment and diagnosis of gastrointestinal diseases are also among the key factors driving the segment growth.

The ambulatory surgical centers (ASCs) segment is anticipated to hold a majority of the flexible endoscopes market size throughout the study period.

Based on end-user, it is segmented into hospitals, clinics, and ambulatory surgical centers. Among them, ambulatory surgical centers (ASCs) segment is anticipated to grow at the fastest CAGR during the forecast years. Increasing adoption of endoscopes in the ASCs/clinics for the early diagnosis and detection of several life-threatening diseases is supporting the segment growth. In addition, the introduction of keyhole endoscopic surgeries with minimal discomfort and faster recovery time also boosts the segment growth. Moreover, due to shorter stays, lower cost of procedures is further anticipated to augment the segment growth over the forecast years.

The Asia Pacific region is estimated to exhibit the highest growth rate during the flexible endoscopes market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific is projected to be the fastest-growing regional market over the forecast period. This growth is owing to the presence of a large patient population pool suffering from functional gastrointestinal disorders. Some of the other factors contributing to the growth of the APAC regional market include the growing geriatric population and improving healthcare infrastructure. In addition, rapid economic development and increasing government healthcare investments are projected to attract foreign investments in this region. Moreover, the presence of key players in APAC is also fueling the adoption of endoscopes, which, in turn, supports the regional market growth.

Competitive Landscape

The global flexible endoscopes market report includes players such as Becton, Dickinson and Company, Boston Scientific Corporation, Endomed Systems, Fujifilm Corporation, Hoya Corporation (Pentax Medical), Karl Storz, Laborie Medical Technologies, Olympus Corporation, Richard Wolf GmbH, among others. In addition, major vendors are focused on developing smarter technologies for surface disinfections. For instance, in January 2021, Olympus Corp. acquired Quest Photonic Devices to strengthen its presence in the surgical endoscopy market

Recent Developments in the Flexible Endoscopes Market:

  • In November 2021, RoundTable Healthcare Partners (“RoundTable”), announced that its portfolio company, Healthcare Components Group (“HCG”), has acquired Endoscopy Development Company (“EDC”)
  • In November 2021, Karl Storz gained U.S. FDA clearance for the Flexible Intubation Video Endoscope, designed for endotracheal intubation, diagnostic and therapeutic procedures. This move elevated the firms presence in the global market, while expanding its reach to a wider patient pool.
  • In April 30, 2021 Olympus announced the addition to its U.S. bronchoscopy portfolio of the 510(k)-cleared H-SteriScope Single-Use Bronchoscopes, a line of five premium endoscopes for use in advanced diagnostic and therapeutic procedures. The introduction of the H-SteriScope portfolio has been a collaboration between Veran Medical Technologies, Inc., a wholly owned Olympus subsidiary, and Hunan Vathin Medical Instrument Co., Ltd.
  • In May 2020, Ambu launched New Single-Use Cystoscope for improved workflow and enhanced productivity benefits.

Flexible Endoscopes Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global flexible endoscopes market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future flexible endoscopes market potential from 2021 to 2031 in terms of revenue.
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the flexible endoscopes market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global flexible endoscopes market.

Flexible Endoscopes Market Segments

By Product

  • Fiberscope
  • Video endoscope

By Application

  • GI Endoscopy
  • Pulmonary Endoscopy
  • ENT Endoscopy
  • Urology
  • Others

By End-user

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of World
    • Latin America
    • Middle East
    • Africa

Key Players

•            Becton, Dickinson and Company

•            Boston Scientific Corporation

•            Endomed Systems

•            Fujifilm Corporation

•            Hoya Corporation (Pentax Medical)

•            Karl Storz

•            Laborie Medical Technologies

•            Olympus Corporation

•            Richard Wolf GmbH

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Top Crypto Trading Software

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Top Crypto Trading Software

Top Crypto Trading Software

Whether you’re just getting started crypto trading or you’ve been at it for a while, there are many different crypto trading software out there that can help you. In this article, we’re going to take a look at some of the top ones, and give you an idea of what they do and why they may be useful to you.

CSCALP

Developed by a team with extensive experience in crypto scalp trading, Cscalp terminal aims to offer traders a number of new tools. Among these tools are a scalping terminal, a crypto screener, and a trader’s dairy.

The platform aims to provide traders with a variety of metrics and data points, allowing them to create strategies that will maximize their profits. It will also monitor daily coin volatility and alert users of new trade opportunities. In addition, CScalp team has developed a free cryptocurrency trading course and created a trader’s community in Telegram and TradingView where anyone can join and learn to trade crypto in the CScalp way.

TradeSanta

Designed for beginners and intermediate investors, TradeSanta is a cloud-based crypto trading software that simplifies the crypto trading process. TradeSanta’s user-friendly interface makes automated trading easier, and it is compatible with several major exchanges.

To start using TradeSanta, users must generate an API key and create a crypto trading account on a supported exchange. Once users have created their accounts, they can create new bots or connect their existing bots. The software will provide users with instructions on how to configure their bots.

After creating a new account, users can choose a trading pair and configure a crypto bot strategy. Users can also choose to configure their bots with one or two indicators. TradeSanta’s trading bots are capable of placing orders, which makes them a great asset for traders.

CoinRule

Founded in March 2018, Coinrule is a UK-based crypto trading software platform. It offers users the ability to develop trading rules and automate trades. It works with many popular exchanges. It also offers free trading signals and free wallet management. Its user experience is smooth.

The Coinrule platform is designed to make it easy to develop and test trading rules. Users can create their own trading strategies, as well as use pre-made strategies from the template library.

The platform also allows users to set up free demo accounts. This is useful for users who would like to test the platform before making a full investment. The platform also has a helpful live chat assistant feature.

Kraken

Founded in 2011 by Jesse Powell, Kraken is a US-based digital currency exchange. It offers trading in 55 virtual assets and seven fiat currencies.

Kraken allows customers to buy and sell digital assets at market rates. It also provides a variety of advanced features, including margin trading and derivative trading.

The main Kraken platform supports 55 cryptocurrencies, including popular cryptos like Ethereum, Ripple, and Monero. It also provides futures trading, as well as indices that track the overall direction of the digital currency market.

Kraken’s user-friendly interface is easy to navigate. You can also monitor your portfolio’s performance.

There are a few different funding methods available, including credit card deposits, and bank account purchases. The fees vary depending on the asset you trade and the method you choose to make a withdrawal.

Coinigy

Whether you are a new trader or an experienced investor, Coinigy can help you improve your portfolio management. This crypto trading platform offers advanced charting, trading, position management, and reporting tools.

Coinigy offers a free 30-day trial. After that, you may need to pay a small fee. The platform is supported by 45 crypto exchanges. The software uses 256-bit SSL encryption. In addition, Coinigy’s platform includes a knowledge base and 24*7 live chat support.

The platform offers a number of order types, including stop loss, limit order, OCO, and Ladders. It also allows users to import their transaction history. Users can also configure their charts to save layouts.

3Commas

Founded in 2017 by Yuriy Sorokin, 3Commas is an automated trading software provider that helps users generate profit without constantly monitoring the market. It offers trading bots that can execute both long and short trades. In addition to this, the software offers technical analysis tools, an academy and other free learning resources.

3Commas offers three types of automated trading bots. The smart trade feature allows users to purchase or sell crypto on multiple exchanges at the same time. The platform also includes a Trailing Stop Loss feature, which protects users from sudden drops in price.

The platform also features a dashboard, which provides users with a clear picture of the status of their trades. It also gives users access to advanced tools, including trading signals.

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Crypto Daily News: Why should you always update?

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Crypto Daily News: Why should you always update?

With so many different cryptocurrencies, it’s hard to know which one is right for you. If you’re looking for a cryptocurrency to invest in, you might be overwhelmed by all the information available. The good news is that you don’t need to do much research to find out what’s going on with the market.

There are many resources like crypto daily news available that can give you a quick snapshot of what’s going on in the cryptocurrency world nowadays. In this post, we’ll discuss why you should be up to date about crypto as an investor. So without any further ado, let’s get started;

Why is it important to check crypto-related news daily?

It is always important for investors to look at daily crypto news because it will be helpful to know whether your currency is up or down. If you don’t know what is happening in the crypto world, you won’t be able to make the right decisions. The crypto market is a very volatile one. You need to be aware of the changes in the market. You should be able to make the best decisions in the crypto market.

You can also find the latest price of your favourite cryptocurrency and see if it is rising or falling. You can check the latest crypto news to find out what other people think about your favourite currency. You can also learn about the latest news and the best ways to invest in cryptocurrencies. You can use these tips to ensure you are getting the best advice.

Advantages to Check Your Cryptocurrency News Daily

As we all know, cryptocurrencies are becoming more popular. Therefore, the price of Bitcoin has increased by over 3000% in the past year. Ethereum, the second most popular cryptocurrency, has seen a price increase of around 1600%. This increase in popularity is because these cryptocurrencies can be used for various things, from online shopping to sending money to friends and family.

If you check your cryptocurrency trading news daily, you will find yourself disappointed by the market and the news. Instead, try checking your news less often. This way, you will be able to make more informed decisions. However, it is recommended that you check your cryptocurrency news every day. You should be up-to-date on any changes in prices or new announcements in the cryptocurrency space.

Cryptocurrency News and the Future of Blockchain: An overview

The world of cryptocurrency is a rapidly changing landscape, and it’s important to stay on top of the latest news. The cryptocurrency space is still in its early days, and there are many different types of cryptocurrencies, each with its unique set of pros and cons. As a result, you must know what’s going on in the industry and how it will impact your business.

To stay up-to-date on the latest cryptocurrency news and trends, you should read crypto daily updates. The Crypto.daily.co.uk updates are one of the most popular and trusted sources for cryptocurrency news and analysis. It is one of the oldest and most quality cryptocurrency news sites in the UK. They also provide their readers with expert opinions from industry leaders and experts.

One of the best ways to keep up-to-date with all the latest cryptocurrency news is by reading cryptocurrency news sites and blogs. Many of them offer free content, so you don’t have to pay for the information.

Conclusion

The crypto market is always changing and developing. It’s important to keep up to date with the latest developments and trends so that you can stay ahead of the game. There are many crypto daily news sites that always update you with authentic news regarding crypto. However, you can always be on top of the latest news and developments in the crypto world.

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