Bitcoin (BTC) may see a “market correction” should BTC price action go much beyond $33,000, research warns. In the latest edition of its weekly newsletter, The Week On-Chain, analytics firm Glassnode flagged speculative selling risk on the horizon. Bitcoin speculator profits average 12% Bitcoin short-term holders (STHs) — the more speculative BTC investors — have
Month: June 2023
Australia’s cryptocurrency industry banking woes will likely continue, with the government and major banks signaling no intention to back down against scams that “touch” crypto. During a panel at the Australian Blockchain Week on June 26, Sophie Gilder, managing director of blockchain and digital assets at Commonwealth Bank (CBA) shed light on the bank’s restrictions
iPhone 15 — the purported successor to the iPhone 14 series of smartphones — is expected to be unveiled later this year. This year, Apple is rumoured to introduce notable hardware changes such as the inclusion of a USB Type-C charging port and faster wireless charging without MagSafe. Now, a market analyst has claimed that
Ethereum zero-knowledge proof scaling system zkSync Era has unveiled its answer to Optimism’s Superchain concept in the form of ZK Stack. It’s a modular framework for a series of ZK-powered custom blockchains called yperchains, which will operate as a new layer on top of the existing layer-2 protocol. The chains will be composable and interoperable,
A recent surge in activity surrounding exchange-traded funds has led to the largest weekly inflow for digital asset investment products since July 2022, according to a June 26 report via CoinShares. Totalling $199 million, inflows for the week of 19–23 June turned around a nine-week string of consecutive outflows, with Bitcoin (BTC) representing the lion’s
Sony Bravia XR X90L television series has been launched in India, with prices starting at Rs. 1,39,990 for the high-end TV range. The series is the successor to the X90K range, which was launched in June 2022, and features full-array Triluminos quantum dot LED display panels. Available in sizes ranging from 55 inches to 75
The US Supreme Court on Monday declined to hear a bid by Apple and Broadcom to revive their challenges to Caltech data-transmission patents in a patent infringement case in which the university’s earlier $1.1 billion (nearly Rs. 9,000 crore) jury verdict against the companies was thrown out. The justices turned away an appeal by Apple and
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Alphabet CEO Sundar Pichai delivers the keynote address at the Google I/O developers conference at Shoreline Amphitheatre in Mountain View, California, May 10, 2023. Justin Sullivan | Getty Images News | Getty Images Google users have long been able to append their search queries with
Meta Platforms on Monday launched Meta Quest+, a subscription-based service for its virtual reality (VR) headsets to shape a nascent but high-investment market. Chief Executive Mark Zuckerberg, in a broadcast channel on social media app Instagram, said the Meta Quest+ subscription will be available from Monday at $7.99 (nearly Rs. 655) per month, or $59.99
Meta Platforms plans to end access to news on Facebook and Instagram for all users in Canada once a parliament-approved legislation requiring internet giants to pay news publishers comes into effect, the company said on Thursday. The legislation, known as the Online News Act, was approved by the Senate upper chamber earlier on Thursday and
Jun 26, 2023Ravie LakshmananCryptography / Cybersecurity In what’s an ingenious side-channel attack, a group of academics has found that it’s possible to recover secret keys from a device by analyzing video footage of its power LED. “Cryptographic computations performed by the CPU change the power consumption of the device which affects the brightness of the
The S&P 500 Index (SPX) snapped a five-week winning streak last week but it is still on track to close the first half of the year with stellar gains of nearly 13%. The tech-heavy Nasdaq Composite has done much better as it is up about 29%. Both these indices have been overtaken by Bitcoin (BTC)
The United States Secret Service has finally shed more light on its bizarre nonfungible token (NFT) collection sitting on OpenSea. The NFT collection was first revealed during a Reddit AMA on May 16, where agents answered questions from members of the r/cryptocurrency subreddit about their involvement in crypto and blockchain tech. Until this time, not
Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade, according to a June 26 Twitter thread from blockchain analytics firm Nansen. The network had been seeing less than 300,000 transactions per day before the upgrade, but this figure increased to over 550,000 by the middle of June. Since Optimism’s Bedrock upgrade
Google has urged India’s Supreme Court to quash antitrust directives against it for abuse of the Android market, two sources said, as its presses its legal battle against the competition watchdog in one of its most important markets. The Competition Commission of India (CCI) said in October that Google, whose Android mobile operating system powers
Bitcoin (BTC) circled $30,500 at the June 26 Wall Street open as bulls held newfound support. BTC/USD 1-hour chart. Source: TradingView Bitcoin ETF hype puts demands on U.S. session Data from Cointelegraph Markets Pro and TradingView showed BTC price action retaining $30,000 around the weekly close. The largest cryptocurrency began the week on a stable
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