Coinbase has seen a large spike in buyer activity overnight as the price of Bitcoin (BTC) surpassed $32,500 on Jan. 2. Analysts say the trend was reminiscent of MicroStrategy’s Bitcoin accumulation, possibly fueled by institutional buy orders. As a result, BTC surpassed $31,000, reaching a new all-time high. BTC/USD daily candle chart (Coinbase). Source: Tradingview Coinbase
Month: January 2021
The core purpose for Ethereum at its birth was to herald the next generation internet. Its genesis was based on building a peer-to-peer network with no single entity or group in control by positioning the community at the center of the global system. 2020 has seen the power of this network thrive through innovative and
Another year has come and gone. The rollercoaster that was 2020 requires little (if any) preamble. It must be said, however, that the blockchain segment experienced something of a return to form during these otherwise painful latter days. Indeed, we closed the year with prices on the up, legal ambiguities increasingly dehazed, and the adoption
Bitcoin’s record-breaking rally is continuing into the new year with the bitcoin to gold exchange rate touching a new all-time high of 17.38 ounces per bitcoin. According to data from Marketwatch, the new high easily surpasses the all-time high recorded on January 01, 2021, of 10.74 ounces per coin. The new milestone comes as the
Tencent’s online games were removed and then reinstated on Huawei’s app store on Friday in a dispute over revenue sharing by the Chinese companies. Huawei was insisting on a 50-percent cut of Tencent’s game sales on the app store and the Tencent games were removed because the companies had been unable to agree a deal,
Adobe Flash Player, the software that once gained massive popularity for bringing interactive content to the Web world and took animations to new levels, has finally reached the end of its life. While it might not be that known among the Gen-Z audience due to the arrival of newer technologies, the Flash Player plug-in was
Tesla said Saturday that it delivered 180,570 electric vehicles in the fourth quarter, beating its previous record as well as Wall Street expectations. The electric automaker produced 170,757 vehicles total. For the year, Tesla delivered 499,550 vehicles in 2020, largely in line with its guidance of around 500,000 vehicles. At an annual shareholder meeting this
Vybe Together, an iOS app that promoted private parties in the middle of the COVID-19 pandemic, has been removed from the App Store by Apple. The app’s TikTok account has also been banned and its website has been removed, as per a report. But the developers say that the app was not intended to promote
When using social media to nudge people toward safe and healthy behaviour, it’s critical to make sure the words match the pictures, according to a new study. After looking at social media posts, parents of young children were better able to recall safety messages such as how to put a baby safely to sleep when
Ticketmaster has agreed to pay a $10 million fine after being charged with illegally accessing computer systems of a competitor repeatedly between 2013 and 2015 in an attempt to “cut [the company] off at the knees.” A subsidiary of Live Nation, the California-based ticket sales and distribution company used the stolen information to gain an
The price of Bitcoin (BTC) has reached a new all-time high above $29,400 across major exchanges on Jan. 1. In other words, BTC is just 2% away from reaching the psychological resistance level at $30,000. Breaking $30,000 could fuel renewed confidence in the market with the last remaining technical roadblock right below this level. BTC/USDT 4-hour
Propelled by Bitcoin’s record-breaking rally, the crypto industry is seeing off 2020 with flying colors. Amid all the tumult of this unprecedented moment in history, the digital asset space seems to have proven its resilience, making a solid case for becoming a safe haven in an increasingly uncertain world. Among other advancements, the outgoing year
Binance.US, the American branch of the global crypto exchange, and crypto-friendly asset trading service eToro are the latest platforms to suspend XRP trading in the U.S. Announcing the news on Thursday, eToro revealed that U.S. customers will not be able to trade XRP on Jan. 3, 2021. Customers with existing trades at the time will
Celebrities have long been used to promote brands, products and services to varying degrees of success, and the cryptocurrency space has been no exception to this practice. In years gone by, the biggest names in the world of entertainment have made waves in the crypto space for endorsing or investing in projects, tokens and companies.
Tencent’s online game offerings have been removed from Huawei’s app store since the two companies failed to reach an agreement on revenue sharing, Tencent and a source said on Friday. “Due to the failure of Huawei’s mobile game platform to renew its contract with our Mobile Game Promotion Project Agreement as scheduled, relevant products of
Alphabet’s drone delivery unit Wing criticised Trump administration rules issued this week mandating broadcast-based remote identification of drones, saying they should be revised to allow for Internet-based tracking. On Monday, the Federal Aviation Administration (FAA) issued rules that will allow small drones to fly over people and at night in the United States and mandate