On Oct. 19, 2021, the ProShares Bitcoin Strategy ETF (BITO) launched on the New York Stock Exchange. On its first day, the exchange-traded fund (ETF) saw an influx of close to $1 billion in natural volume and, within 24 hours, Bitcoin (BTC) itself would reach a new all-time high for its price in U.S. dollars.
Month: November 2021
Bitcoin (BTC) hovered around $54,000 on Nov. 28 as the upcoming weekly close showed signs of hitting two-month lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Buyers keen at $53,000 Data from Cointelegraph Markets Pro and TradingView followed a quiet 24 hours for BTC/USD after Friday’s $6,000 red candle. Although quiet into Sunday, the pair nonetheless
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Lyn Alden Schwartzer, founder of Lyn Alden Investment Strategy, which provides an investment research service for both retail
Black Friday 2021 sales have kicked off online. Most major online retailers had started offering early access to some of these deals around a week ago. If you’re looking to grab some tech products from India during Black Friday 2021 sales, we’ve handpicked some of the best offers available across Amazon, Best Buy, and other
Just days before the big announcement on November 30, a logo for the new Qualcomm chip, Snapdragon 8Gx Gen 1, has been leaked. According to GSMArena, the leak was spotted in a staging site for the company. The title of the page is ‘Testing icon’ and the icon in question sits beside a ‘Test123’ label.
Tesla’s Model Y compact crossover vehicles at a showroom in Shanghai, China, on January 18, 2021. VCG | Visual China Group | Getty Images Amid ongoing port constraints and rising shipping costs, Tesla CEO Elon Musk urged employees Friday, in a company-wide email obtained by CNBC, to look for ways to reduce the cost of
Italy’s antitrust watchdog imposed EUR 20 million (roughly Rs. 170 crore) in fines on Apple and Google on Friday, the second time the regulator has sanctioned US tech giants this week. European countries have cracked down on the business practices of Big Tech in recent years, while the EU is moving forward with legislation to tighten
Wearable fitness trackers are a useful way to track fitness and activity levels. Customers have a wide variety of manufacturers to choose from, including the likes of Xiaomi, Fitbit, Amazfit, Honor, and Noise. Unlike most of these brands, Noise offers a handful of apps that work with specific wearables. Once you have the right application,
Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more The U.N.’s Educational, Scientific, and Cultural Organization (UNESCO) this week approved a series of recommendations for AI ethics, which aim to recognize that AI can “be of great
Facebook has been around for more than 15 years. It has close to three billion monthly active users and is one of, if not the most, popular social media platforms on the Internet. Chances are, if you are reading this, you have a Facebook account. Facebook lets users deactivate or delete their account permanently. Once
Israel’s Ministry of Defense has dramatically restricted the number of countries to which cybersecurity firms in the country are allowed to sell offensive hacking and surveillance tools to, cutting off 65 nations from the export list. The revised list, details of which were first reported by the Israeli business newspaper Calcalist, now only includes 37
The Bitcoin AUM market fell 9.5% to $48.7 billion in November, marking the year’s largest month-on-month pullback since July, according to a CryptoCompare report. On the other hand, altcoin-based crypto funds such as ETH saw their AUM rise 5.4% to $16.6 billion. While Bitcoin’s (BTC) position as a viable hedge against fiat inflation continues to
A push in Thailand to boost gross domestic product (GPD) by targeting crypto digital nomads is coming closer to fruition according to local media. The Tourism Authority of Thailand (TAT) has been looking into launching its own utility token called TAT Coin since September as part of a planned “cryptourism” campaign. The initiative aims to
With the increase in the adoption of digital assets across several mainstreams, some countries are strategizing on moving with the flow. Hence, most countries across the globe are working and experimenting on developing a national digital currency that they can link with their fiat currencies. This is the primary reason for collaboration between the Republic
A major tech-focused e-commerce platform, Newegg, has announced that SHIB is coming soon to its platform. Newegg currently accepts cryptocurrencies via Bitpay. The crypto payment service provider is expected to add SHIB support soon, according to AMC Theatres CEO Adam Aron who said his company will start accepting SHIB for payments in the first quarter.
Bitcoin (BTC) stemmed some of its losses as Wall Street opened on Nov. 26 after concern over a new COVID-19 variant spark a global market sell-off. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Pfizer gains as coronavirus panic sets in Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ending its downturn at just above $53,500
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