Bitcoin (BTC) price spent the day trading in a tight range between $32,000 and $34,000. At the time of writing, the digital asset is pinned below the descending trendline resistance and each attempt to cross above it is met by selling. Data from Cointelegraph Markets and TradingView show a price increase of 4.14% for the
Month: February 2021
XRP, the number four cryptocurrency by market cap, crashed nearly 50% in under two hours on Feb. 1 as a trading frenzy backfired on new investors. XRP/USD 1-hour candle chart (Bitstamp). Source: TradingView XRP traders nurse 48% losses Data from Cointelegraph Markets and TradingView showed extreme volatility set in for XRP/USD during Monday trading, hours
Steam Game Festival will kick off on February 3 with over 500 free, playable game demos. Valve has held multiple Steam Game Festivals, which started in March last year, and is now organising another one with livestreams, developer interactions, and free game demos. The company shared the development on Twitter along with a YouTube video
Billionaire Elon Musk said on Monday bitcoin was “on the verge” of being more widely accepted among investors as he expressed his support for the cryptocurrency in a chat on social media app Clubhouse that drew thousands of listeners. The comments followed his use of the “#bitcoin” tag on his Twitter profile on Friday, which
Robinhood co-founder and co-CEO Vlad Tenev speaks onstage during the TechCrunch Disrupt New York event on May 10, 2016. Noam Galai | Getty Images for TechCrunch The co-founder of Robinhood took to audio app Clubhouse on Sunday to defend the investment platform’s decision to restrict trading in GameStop and other volatile stocks. GameStop shares have
The European Union is seeking to overturn Apple’s victory in a 13 billion-euro ($15.8 billion) (roughly Rs. 1,15 lakh crore) tax dispute, saying judges used “contradictory reasoning” when they found that the company’s Irish units weren’t liable for huge payments. A summary of the appeal published Monday shows the EU’s determination to challenge the critical
How open banking is driving huge innovation Learn how fintechs and forward-thinking FIs are accelerating personalized financial products through data-rich APIs. Register Now This article is part of a VB special issue. Read the full series: AI and the future of health care The health care industry produces an enormous amount of data. An IDC
Twitter on Monday “withheld” multiple accounts on its social media platform including those linked with the ongoing farmers” protest at Delhi borders against the new contentious central farm laws. Among the accounts withheld are Kisan Ekta Morcha (@Kisanektamorcha) and BKU Ekta Urgahan (@Bkuektaugrahan), both having followers in thousands. Besides these, several other individual and organisational
Cybersecurity researchers today disclosed a new supply chain attack compromising the update mechanism of NoxPlayer, a free Android emulator for PCs and Macs. Dubbed “Operation NightScout” by Slovak cybersecurity firm ESET, the highly-targeted surveillance campaign involved distributing three different malware families via tailored malicious updates to selected victims based in Taiwan, Hong Kong, and Sri
The r/Wallstreetbets saga which saw a group of Redditors join forces to extract billions from Wall Street hedge funds is set to be turned into a movie. As reported by Deadline on Jan. 31, a newly proposed book by The Social Network author, Ben Mezrich, was subject to a bidding war between major Hollywood studios,
Hashmasks, a new non-fungible token project has raised over 7,600 ETH (about $10 million) from the sale of more than 15,300 digital collectible cards. The owner of Hashmasks #1 has sold his card named after former United States President Donald Trump for about 97 Ether (ETH) which amounts to over $126,000 at the current Ether
Hundreds of thousands tuned in to a Twitch stream today as U.S. congresswoman Alexandra Ocasio-Cortez discussed Robinhood’s controversial decision to suspend trading in GameStop after the short squeeze engineered by r/WallStreetBets. Hours earlier, Ocasio-Cortez, who sits on the House Financial Services Committee, slammed Robinhood for favoring the interests of the ultra wealthy at the expense
In a surge reminiscent of dogecoin’s recent rally, the value of the XRP token soared by more than 100% in just 48 hours. After starting the day at $0.29 on January 30, data shows that the token peaking at just above $0.67. At the time of writing, XRP is trading at around $0.66 As shown
Bitcoin (BTC) starts a new week with $30,000 intact and a message of support from the world’s richest man — what can we expect next? As trading resumes around the world, the largest cryptocurrency is still lacking decisive momentum up or down. Cointelegraph takes a look at five factors which could play a part in
On Dec. 8, 2020, Citigroup, one of the largest banks in the world, downgraded MicroStrategy’ss stock (MSTR). Since then, MSTR stock is up 113.27% from $289.45 to $617.31, as the price of Bitcoin (BTC) rallied. In the same period, the Citigroup stock has declined slightly by 0.63%, from $58.36 to $57.99. MicroStrategy stock vs. BTC
It’s now virtually unarguable that decentralized finance is blockchain’s “killer use case.” Total value locked in DeFi grew by over 3,000% over the year leading up to January 2021. On the DApp Radar rankings, eight of the top 10 DApps on Ethereum are DeFi. Uniswap sees more users than any other application and is set