PERSONALIZED FINANCIER: February 2024

Wells Fargo and Bank of America’s Merrill Are Now Offering Spot Bitcoin ETFs To Clients

Bank of America Corp.’s Merrill Lynch and Wells Fargo & Co.’s brokerage unit have begun offering access to exchange-traded funds (ETFs) that directly invest in Bitcoin, according to Bloomberg Law.

JUST IN: Wells Fargo and Bank of America’s Merrill are offering spot #Bitcoin ETFs to wealth clients 🚀 pic.twitter.com/Lr3oD5XgrR
— Bitcoin Magazine (@BitcoinMagazine) February 29, 2024

The move by these banks reflects the growing interest among investors in gaining exposure to Bitcoin. Merrill Lynch and Wells Fargo are providing access to approved Bitcoin ETFs to select wealth management clients with brokerage accounts upon request, according to individuals familiar with the matter.

This development comes after spot Bitcoin ETFs had a record setting week in the US, with inflows of BlackRock's ETF hitting $612 million yesterday. The decision by Merrill Lynch and Wells Fargo to offer these ETFs demonstrates their recognition of the increasing demand for Bitcoin investment options among their affluent clientele.

By providing access to Bitcoin ETFs, these banks are catering to the evolving investment preferences of their clients, who are seeking opportunities to diversify their portfolios and capitalize on the growth potential of Bitcoin. The availability of Bitcoin exposure through mainstream financial institutions like Merrill Lynch and Wells Fargo further legitimizes the Bitcoin market and underscores its integration into traditional finance.

from Bitcoin Magazine - Bitcoin News, Articles and Expert Insights https://ift.tt/OR76Edp

Google Chrome's new slate of features will allow search even with a 'bad' network connection

Google just announced a trio of features for its Chrome browser to allow for “more helpful suggestions.” Some of these tools are for the smartphone app, while others work with the standard PC-based browser.

First up, desktop Chrome users are getting new search suggestions that pull from what others have been using the browser to look for. The browser will still remember your recent queries and auto populate related search suggestions, but you’ll also see user-generated options to the right of those usual autofill suggestions, under a tab marked “People also search for.”

Chrome users on iOS and Android will now see more images to accompany suggested searches. In the past, Chrome only displayed images for search suggestions in the address bar that exactly matched a specific query, with Google giving an example of “Isanti dining table.” Now, broader searches — say, “bohemian table” — will tie an image to each option from the pull-down menu. A picture’s worth a thousand words, right?

An image of the new Chrome image feature.

Perhaps the most puzzling new feature is that Chrome for iOS and Android is getting an optimization tool that allows for search even when users have a bad network connection. Google hasn’t revealed how this works, simply stating that it's due to “improved on-device capabilities.” The company says search will continue to work with a “bad” connection, so it’s likely some level of connection will still be necessary.

All three of these features are available today, so have at it. These are just the latest tools for the search engine, as Google seems to be constantly tweaking the service. The company recently added a trio of generative AI features and a Gemini-based writing tool.

This article originally appeared on Engadget at https://ift.tt/PCNhRLZ

from Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics https://ift.tt/PCNhRLZ
https://ift.tt/woCjU8x

Windows 11 gets Microsoft Copilot plugins and more AI upgrades

Following the launch of Copilot Pro in January, Microsoft will start rolling out a slew of upgrades today to make its AI assistant more useful in Windows 11. The biggest addition is support for plugins, something that only worked with Copilot on the web previously. You could, for example, connect Copilot to OpenTable so you can make a reservation from within its chat window. If you're low on groceries, you could start an order using the Instacart plugin. Microsoft says that plugins from Kayak, Klarna and Shopify will also be arriving over the next month. The goal, of course, is to keep you locked into the Copilot window for as long as possible.

Microsoft doesn't even want you to leave Copilot to access system settings. With this new update, you'll be able to turn battery saver mode on and off, or view your system's hardware profile, from within the AI chat view. You could also request that Copilot turn on Windows 11's Live Captions, Narrator or Screen Magnifier. It can even display a list of available Wi-Fi networks to connect to. Mainstream users might end up loving the ability to tap into Windows 11's features without navigating through the Settings app, so Copilot's enhanced integration could end up being a usability win for Microsoft.

Windows 11 apps that use AI-powered features, like Photos and Clipchamp, are also getting a few AI enhancements. Photos now has a Generative Erase feature that can help you remove unwanted objects and elements from a picture, while Clipchamp will begin previewing a Silence Removal AI tool to cut out awkward video moments.

Microsoft says it will begin rolling out these Copilot and AI upgrades starting today for users running Windows 11 with the 22H2 (2022) and 23H2 (2023) year-end updates. If you're eager to try out the new features, make sure you've enabled the option to "Get the latest updates as soon as they're available." The company expects to have most features available when it launches the optional March 2024 non-security preview update.

This article originally appeared on Engadget at https://ift.tt/JOYSiqF

from Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics https://ift.tt/JOYSiqF
https://ift.tt/d4uCHZ5

Hyundai-backed autonomous company Motional cuts 5% of workforce

Motional, the autonomous vehicle company borne out of a joint venture between Hyundai Moor Group and Aptiv, told employees Wednesday it will cut about 5% of its workforce, TechCrunch has learned. The cuts, which translate to less than 70 people, mostly affects administrative roles and some employees working in Boston, one of several cities where […]

from TechCrunch https://ift.tt/Wy8gZIq
https://ift.tt/TH7VQSk

Coinbase Crashes Following Bitcoin Pump, CEO Cites 'Large Surge Of Traffic"

Coinbase, one of the leading Bitcoin and cryptocurrency exchanges, experienced a significant outage today as Bitcoin's price soared, leaving many users accounts malfunctioning. The disruption occurred amid a sharp increase in trading activity following Bitcoin's surge in price, which briefly surpassed $64,000.

JUST IN: Coinbase has reportedly crashed.
— Bitcoin Magazine (@BitcoinMagazine) February 28, 2024

Coinbase CEO Brian Armstrong attributed the outage to a "large surge of traffic" overwhelming the exchange's infrastructure. The sudden influx of users attempting to buy, sell, or trade Bitcoin overwhelmed Coinbase's servers, leading to connectivity issues for many customers.

"We are aware that some users may see a zero balance across their Coinbase accounts & may experience errors in buying or selling," Coinbase stated. "Our team is investigating this & will provide an update shortly. Your assets are safe."

We are dealing with a LARGE surge of traffic - apologies for any issues you encounter. The team is working to remediate.
— Brian Armstrong 🛡️ (@brian_armstrong) February 28, 2024

Following the outage, Bitcoin sharply declined in price from ~$64,000 to ~$59,500, wiping out most of the gains Bitcoin had made today. Coinbase has experienced similar outages in the past during periods of intense market volatility, prompting criticism from users and industry observers.

Despite the temporary disruption, Bitcoin's price appears to have remained resilient, as it is now back above $60,700 at the time of writing, continuing its upward trajectory amid growing institutional adoption and investor interest.

As Coinbase works to restore normal operations, the incident serves as a reminder of the challenges associated with managing large-scale Bitcoin exchanges and the importance of robust infrastructure to ensure uninterrupted service for users.

from Bitcoin Magazine - Bitcoin News, Articles and Expert Insights https://ift.tt/RVxHZFh

March's PlayStation Plus games include Sifu and the Destiny 2: Witch Queen expansion

It’s that time of the month again. Sony just revealed the PlayStation Plus games lineup for March. There are some decent gets here, including the Destiny 2: Witch Queen expansion and the well-reviewed action brawler Sifu. All four titles are available for both PS4 and PS5 users.

Let’s start with Sifu. The game has been heralded as a modern take on old-school beat-em-ups, with a major emphasis on actual kung fu fighting styles. You play as a young martial arts student hunting down the people who murdered your family. Who doesn’t like a good revenge tale? The game feels great, with satisfying and visceral combat. The only downside for some is that, at launch, it was extremely difficult. Developer Sloclap, however, eventually added difficulty settings for new players.

The Destiny 2: Witch Queen expansion experienced plenty of delays before finally hitting digital store shelves back in 2022. The expansion pleased MMO fans with a brand-new story to work through, complete with plenty of new missions. There’s also new PvP maps, gear, weapons, dungeons and raids.

EA Sports F1 23 is the Formula 1 sim to beat, as it was the official game of the 2023 FIA Formula One World Championship. There are plenty of circuits placed throughout the world, including Qatar and Las Vegas. You can race as any of the top 20 drivers and top ten teams. There’s a robust career mode, cross-platform multiplayer and, of course, all kinds of blazingly-fast vehicles to choose from. You can play this and get hyped for the 2024 racing season, which officially begins on March 2.

Finally, there’s the stealth horror game Hello Neighbors 2. Just like the original, the title has you investigating creepy neighbors to unearth their dirty secrets. Though advertised as a horror title, the cartoony visuals make it appropriate for gamers of all ages. Reviews have praised the large open world, when compared to the original, and the improved physics engine.

Multiplayer shooter The Finals is also getting a cosmetic bundle as part of this drop, with 12 new weapon skins and two outfits. All four of the aforementioned games will be available to PlayStation Plus members on March 5 until April 1. As always, some titles are leaving the platform this month. You only have until March 4 to add Foamstars, Rollerdrome and Steelrising to your catalog.

This article originally appeared on Engadget at https://ift.tt/pW5RSdq

from Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics https://ift.tt/pW5RSdq
https://ift.tt/rbC8xOH

Splitscreen brings a multi-monitor setup to Apple’s Vision Pro

Out of the box, Apple’s Vision Pro doubles as a 4K Mac virtual display, allowing you to extend an existing Mac desktop to the device’s spatial computing environment. A new app called Splitscreen takes things a step further, by allowing you to add a second macOS display to your Vision Pro — even if it […]

from TechCrunch https://ift.tt/Wg5a0Qs
https://ift.tt/0n5f3gm

Second EIA Survey Extension Being Pushed With Open Comment Period

The current EIA Emergency Cryptocurrency Mining Facilities survey held by injunction would require monthly reporting of information from mining facility operators through July 31, 2024. This survey would require the collection of information such as the power price with the power provider, the amount of electricity available under their purchase agreement, the amount of power actually drawn, as well as detailed information on mining hardware such as unit count, hashrate, power draw, and age of mining hardware.

It is spectacular news that this survey has been temporarily halted by Federal District Judge Alan Alright in Waco, Texas, but the final outcome of this lawsuit is still undecided. The next hearing will be tomorrow. It is, in my amateur opinion, very likely that the emergency survey will be permanently halted due to failures to properly follow procedure in the process of moving forward with the survey under emergency grounds.

That would be a spectacular win for the ecosystem, and definitely give miners and the rest of us some time to rally and prepare for other regulatory concerns developing in the ecosystem, but if the case is ultimately decided in that direction it does not mean we are out of the woods yet.

In parallel to the emergency survey, the EIA is looking for a 3 year extension to the data collection requirements under the conventional process with an open comment period. This extension would make no changes to the information requested, or the penalties involved with non-compliance. Regardless of the outcome of the trial in Waco this extension is not part of the emergency survey authorization, and in the process of facilitating the public comment period to my knowledge is not subject to decisions based on the failure to properly follow procedure in initiating the emergency survey. This is still going to happen.

The public comment period is open until April 9, 2024. Comments can be submitted through the Federal Register system here, or by email to Glenn McGrath at Glenn.McGrath@eia.gov.

I highly encourage you to submit comments, especially if you run any scale of commercial mining operation.

Numerous issues exist with the rationalization, but a few large ones include:

What relevance off-grid mining operations have to the purpose of this survey, commercial or otherwise, given their operations have no impact on power prices or grid stability being completely disconnected from the power grid.
What risks might exist for private operations not required to publicly disclose information about hashrate inventory or power consumption in disclosing information about their business operations.
What merit concerns about grid stability might have overall given the growth and prominence of curtailment strategies and capabilities, as demonstrated in Texas during winter storm Elliot.
The fact that the survey followed a prolonged period of overtly hostile messaging from the current Executive Administration using a very questionable basis for justification.
The burden this could pose on larger mining operations in regularly complying and maintaining the information necessary to comply with the survey.
Why the GPS coordinates of mining facilities are necessary, given the concern is regarding power grid stability and the electrical suppliers are already required information under the survey.

Remember to be respectful, concise, but to the point in any comments. If your intent is simply to meme or make deriding comments towards the agency, this is in no way helpful or constructive. Comments must be submitted by April 9, 2024.

from Bitcoin Magazine - Bitcoin News, Articles and Expert Insights https://ift.tt/5EpkmPD

Pokemon Legends: Z-A for Switch returns the series to Lumiose City

In celebration of Pokémon Day (the first games launched on February 27, 1996), The Pokémon Company revealed the franchise’s latest “Legends” entry on Tuesday. Pokémon Legends: Z-A returns the series to Lumiose City, last seen as one of the regions in Pokémon X and Y on the Nintendo 3DS. The game arrives on Switch in 2025.

Developed by Game Freak, Pokémon Legends: Z-A’s trailer and press materials only provide a minimal glimpse at the upcoming title. The Pokémon Company describes it as “an exciting new adventure” and “an ambitious new entry” as the company tries to wrestle the narrative back from its guns-blazing off-brand counterpart Palworld. (That fast-growing title has already gotten the attention of The Pokémon Company’s legal team.)

Pikachu prances in wireframe animation. Trailer for Pokémon Legends: Z-A. — *A prancing Pikachu in wireframe minimalism.*

The trailer teases an urban redevelopment plan in a mysterious metro area, finally revealed as Lumiose City. Within the game world, a renovation project strives to help humans and Pokémon live together in the sprawling urban landscape. The trailer even teases Mega Evolutions, initially introduced in Pokémon X and Y.

The Pokémon Legends: Z-A trailer below — largely an extended teaser — doesn’t show any gameplay footage, and its shots of Lumiose City use wireframe models, suggesting an incomplete nature (or at least surprises reserved for another day). The game will have a simultaneous global launch when it arrives next year.

Pokémon Day also saw the announcement of a new digital trading card game. Pokémon Trading Card Game Pocket is a new mobile app (Android and iOS) set to arrive later this year. It will allow players to “enjoy the thrill of opening booster packs and collecting cards,” which will include “immersive cards” and visual effects unique to the app (in addition to classic artwork). The app’s trailer showcases a satisfying ripping animation when “opening” the digital packs (gotta get you hooked!).

Players using the app will receive two free booster packs daily. The company hasn’t officially announced the availability of additional packs through in-app purchases. However, the Pokémon Company’s language describing the app as “free-to-start” may provide a hint about its plans. The app will support trades and “quick battles,” using streamlined rules based on the card game’s battle system.

This article originally appeared on Engadget at https://ift.tt/LtyJZEp

from Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics https://ift.tt/LtyJZEp
https://ift.tt/XaO0nIr

Doublepoint launches its WowMouse gesture-touch control app for Pixel Watch 2

Admittedly Apple iWatch uses have had it since October last year, but as of today at Mobile World Congress, the Doublepoint startup has launched the updated version of its popular WowMouse gesture-touch control app for Android smartwatches. Launched at CES in January, the free app now supports Google’s Pixel Watch 2, having already garnered around […]

from TechCrunch https://ift.tt/J4XUGwi
https://ift.tt/IbpJEUm

Lenovo debuts Core Ultra-powered laptops and hybrids with dedicated Copilot key

Lenovo announced several new business laptops and hybrids at this year’s MWC conference, including refreshes in the ThinkPad T-series and the ThinkBook line. The company’s calling them “AI PCs” because they all feature a dedicated Microsoft Copilot button that offers immediate access to the digital assistant.

The just-announced models include the ThinkPad T14 Gen 5, ThinkPad T16 Gen 3, ThinkPad X12 Detachable Gen 2 and ThinkBook 14 2-in-1 Gen 4. These computers are powered by the latest Intel Core Ultra processors, which has come to be expected with new Lenovo computers.

The ThinkPad X12 Detachable Gen 2 boasts a durable 3:2 display with Corning Gorilla Glass and the whole thing’s powered by an Intel Core Ultra U processor. You can spec this tablet/laptop hybrid with up to 32GB of RAM, for multitasking. The detachable backlit folio keyboard boasts a three-button TrackPad and the tablet includes a front-facing 5MP camera and an 8MP rear-facing camera.

The redesigned ThinkBook 14 2-in-1 Gen 4 features an ultra-thin 16.85mm profile, which is slightly thinner than the previous generation. It’s also light, weighing just over 3.5 pounds. The 14-inch display boasts a 16:10 aspect ratio and the keyboard includes a larger touchpad that has been crafted with glass-like Mylar. It also ships with the new Magnetic Slim Pen for more nuanced touchscreen controls.

An image of the hybrid laptop showing the display.

In addition to the Core Ultra processors and the near-instantaneous Copilot integration, the ThinkPad T14 Gen 5 and T16 Gen 3 have been built for DIY repairs. The iFixit team was on-hand to advise the overall design, so there are plenty of customer replaceable parts, making it easy to swap out the DIMM, SSD, WWAN card and battery, among other components. With this in mind, iFixit has proactively rated these laptops with a repairability score of 9.3 out of 10. That’s a whole lot better than products from many rival companies.

The ThinkPad T14 Gen 5 goes on sale this April and will be available in several SKUs, starting at $950. The ThinkPad T16 Gen 3 also goes on sale this April and will start at $1,220. The ThinkPad X12 Detachable Gen 2 will be available the same month and will feature a starting price of $1,400. Finally, the ThinkBook 14 2-in-1 Gen 4 goes on sale this March with a starting price of $1,170.

Catch up on all of the news from MWC 2024 right here!

This article originally appeared on Engadget at https://ift.tt/h7t5Xe1

from Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics https://ift.tt/h7t5Xe1
https://ift.tt/gSN5LRX

Quoth the Raven’s U-Turn: From Bitcoin Skeptic to Believer, Envisions a New Era of Financial Freedom

In a candid interview about his past skepticism towards bitcoin, Chris Irons, also known as ‘Quoth the Raven,’ founder of Quoth The Raven Research, has taken on a transformative journey from doubt to belief in the leading digital currency. During an episode of the “What Bitcoin Did” podcast with Peter McCormack, Irons explains his newfound […]

from Bitcoin News https://ift.tt/axGhERH

These desktop lamps beam near-infrared light, in a bid to improve your mood

As humans spend increasing amounts of time indoors, we lose access to the sun’s natural benefits. Recognition of season affective disorder has grown accordingly. While the actual occurrence of the condition is low (around 5% — or 10 million or so Americans), it’s led to increasing awareness of the sun’s impact on the production of […]

from TechCrunch https://ift.tt/8whH6Ni
https://ift.tt/IbpJEUm

Bitcoin’s Scalability Foreseen by Satoshi Nakamoto to Outpace Visa, Historic Email Reveals

This week, crypto enthusiasts and historians alike have found themselves enraptured by the wealth of newly released emails from Satoshi Nakamoto, uncovering the visionary’s early efforts with Bitcoin. Specifically, one email, identified as number #3, offers unparalleled glimpses into Nakamoto’s considerations regarding Bitcoin’s scalability, economic framework, and prospects. Emails Suggest Satoshi Nakamoto Was Quite Confident […]

from Bitcoin News https://ift.tt/bQaJ8uW

With liquidity rare, VCs may get creative to return investor cash

Welcome to the very last issue of The Exchange! With TechCrunch+ sunsetting this month, The Exchange column and its newsletter are also coming to an end. Thank you for reading, emailing, tweeting, and hanging out with us for so many years. P.S. A special thanks from myself to Anna, who was nothing short of a […]

from TechCrunch https://ift.tt/FixUpOQ
https://ift.tt/6joCm0T

Equity Shot: All about the Reddit IPO!

Listen here or wherever you get your podcasts. Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Weekend team, we have something both short and sweet for you: A dig into the Reddit IPO filing that came out just after we recorded our […]

from TechCrunch https://ift.tt/1j8lqhN
https://ift.tt/6joCm0T

Spot Bitcoin ETFs Surge to $14.6 Billion in BTC Holdings 43 Days Post-Launch

It has been 43 days since the debut of the spot bitcoin exchange-traded funds (ETFs) on the American stock market, and in this time, the nine newly launched bitcoin ETFs have accumulated 287,315 bitcoins, valued at approximately $14.6 billion. Leading the pack is Blackrock’s IBIT, boasting a staggering 126,950.12 bitcoins on its balance sheet. Bitcoin […]

from Bitcoin News https://ift.tt/Ny5D1UJ

Reddit downplays risks of developer backlash, decentralized social media in its IPO filing

Reddit’s long-awaited IPO is nearing, promising to be the largest social media IPO since Pinterest. But in the company’s S-1 filing, Reddit fails to fully address the complications that arose from changes to its developer platform and API pricing, which late last year led to site-wide protests, communities going dark, site stability issues, and traffic […]

from TechCrunch https://ift.tt/82Oq7yf
https://ift.tt/FaQcOe3

New Freelance Marketplace Launches Where Users Get Paid In Bitcoin

A new development in the freelance industry has emerged with the launch of Plebwork, a dedicated marketplace where freelancers can earn Bitcoin for their work, according to a press release sent to Bitcoin Magazine. Launched today, Plebwork offers a unique platform for freelancers to connect with Bitcoin companies and receive payment directly into their Bitcoin wallets.

It’s 2024 and it’s time to earn #bitcoin for your work. pic.twitter.com/hLci3NBtBt
— Plebwork (@plebwork) February 23, 2024

Unlike traditional freelance platforms, Plebwork caters specifically to the Bitcoin community, providing a space where freelancers with expertise in Bitcoin-related skills can find part-time jobs with businesses operating in the Bitcoin space. Likewise, businesses seeking qualified part-time talent can access a pool of freelancers who possess in-depth knowledge of Bitcoin.

“We’re building a marketplace for bitcoiners to work together,” said Thibaud, a representative from Plebwork. “Whether working on Bitcoin wallet inheritance, educating individuals, or making Lightning easier, it requires a ton of people to work together in trying new things. We hope Plebwork can help bitcoiners do that while earning more bitcoin by building on Bitcoin.”

The launch of Plebwork aims to address a significant gap in the market, as many Bitcoin businesses have previously relied on general-purpose freelance platforms that may not cater to their specific needs. By offering a dedicated marketplace for Bitcoin-related projects, Plebwork hopes to streamline the process of finding and hiring freelancers while promoting the adoption of Bitcoin as a means of payment for freelance work.

Plebwork is currently available in early access, allowing freelancers to list their profiles for free. Clients seeking to post jobs can request invitations and have their profiles verified to ensure they are Bitcoin-only businesses. With features like built-in invoicing and payment processing using BTCPay Server, Plebwork intends to offer a seamless platform for freelancers to earn bitcoin while contributing to the growth of the ecosystem.

from Bitcoin Magazine - Bitcoin News, Articles and Expert Insights https://ift.tt/aBdGbhj

Grayscale Debuts Privacy-Focused ETF Featuring Zcash Trust Allocation

According to a recent Form N-1A, Grayscale has approached the U.S. Securities and Exchange Commission (SEC) with a proposal for a unique exchange-traded fund (ETF) dedicated to the privacy and cybersecurity realm. The Grayscale Privacy ETF aims to be the first to encapsulate the burgeoning sector of privacy technology and cybersecurity. Privacy Takes Center Stage […]

from Bitcoin News https://ift.tt/QnuHVFU

NodeShift wants to challenge the hyperscalers with its decentralized cloud

When the large cloud providers have excess compute capacity, they tend to discount it through programs like AWS’s and Azure’s spot instances. Any time a server idles, it isn’t making the company money, after all. NodeShift aims to take this concept and expand it well beyond the big clouds — and with stronger guarantees — […]

from TechCrunch https://ift.tt/V4BWdAz
https://ift.tt/nRyC6E1

Pyth Network Unveils Real-Time Bitcoin ETF Price Feeds, Bridging Defi and Traditional Finance

On Tuesday, Pyth Network announced the rollout of real-time price feeds for bitcoin exchange-traded funds (ETFs), enhancing the data’s availability to both decentralized finance (defi) developers and the wider crypto and traditional financial communities. These feeds encapsulate data from 13 bitcoin exchange-traded products (ETPs), offering valuable insights. Pyth Network Launches Real-Time Feeds for Bitcoin ETFs […]

from Bitcoin News https://ift.tt/qQbsVlR

Ford cuts prices on electric Mustang as demand softens for premium EVs

Ford is cutting prices of its all-electric 2023 Mustang Mach-E by has much as $8,100 as the automaker attempts to rid itself of inventory and compete with Tesla and its increasingly cheaper EVs. Total market share of new EV sales has grown, reaching nearly 8% in U.S. in 2023. But as market share has expanded, […]

from TechCrunch https://ift.tt/SsEoqKw
https://ift.tt/NYran1b

Crypto Funds See Record $2.45 Billion Global Inflows in a Single Week: Coinshares

In an unprecedented surge, crypto funds around the globe registered record inflows totaling $2.45 billion last week, marking a significant uptick in investor interest. This influx has propelled the total assets under management (AUM) back to levels not seen since December 2021, signaling a strong resurgence in the crypto investment space. Record $2.45 Billion Inflows […]

from Bitcoin News https://ift.tt/LUsalu4

Taproot Wizards Reveal Bitcoin’s Onchain Payment Struggles During $15M Sale

Sending bitcoin onchain remains a poor payment experience despite the hype surrounding the leading crypto asset, according to Taproot Wizards founder Udi Wertheimer. In a recent post-mortem of a high-volume sale using bitcoin, Wertheimer detailed several pain points with onchain payments including long confirmation times, lack of payment amount enforcement, high fees, and insufficient Lightning […]

from Bitcoin News https://ift.tt/csxUPGu

A satellite designed to inspect space junk just made it to orbit

Astroscale’s ADRAS-J spacecraft, a demonstration satellite that could inform future space junk cleanup efforts, is now in orbit after a successful launch from New Zealand on Sunday. The satellite was sent to space atop an Electron rocket from Rocket Lab. Its mission, which was selected by Japan’s space agency (JAXA) for Phase I of the Commercial Removal of Debris Demonstration program, will see ADRAS-J rendezvous with an old Japanese rocket upper stage that’s been in orbit since 2009.

There it goes! 🛰️👋

ADRAS-J is now in orbit, ready to start its mission of rendezvousing with an aging piece of space debris and observing it closely to determine whether it can be deorbited in future.

Proud to be part of this innovative @astroscale_HQ mission studying ways to… pic.twitter.com/WcMexdBhHR
— Rocket Lab (@RocketLab) February 18, 2024

The accumulation of waste in Earth’s orbit from decades of spaceflight is an issue of growing concern, and space agencies around the world are increasingly working to address it, in many cases tapping private companies to develop potential solutions. One of the most effective ways to deal with space junk could be to deorbit it, or move it to a lower altitude so it can burn up in Earth’s atmosphere. ADRAS-J will be the first to target a piece of existing large debris and attempt to safely approach and characterize it, relying on ground-based data to hone in on its position.

Over the next few months, it’ll make its way to the target and eventually try to get close enough to take images and assess its condition to determine if it can be removed. “ADRAS-J is officially on duty and ready to rendezvous with some space debris!” the company tweeted. “Let the new era of space sustainability begin!”

This article originally appeared on Engadget at https://ift.tt/YJ8hyRd

from Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics https://ift.tt/YJ8hyRd
https://ift.tt/ECH6haP

Historic Bitcoin Stashes Mobilize Amid Rising Market Valuations

With bitcoin’s value rising past the $51,000 mark, numerous long-dormant bitcoin hoards have begun to mobilize unspent transaction outputs (UTXOs) that have remained untouched for an extended period. Although instances involving ‘sleeping bitcoins’ from the years 2009, 2010, and 2011 are considerably scarce, there’s been a noticeable resurgence of older coin batches from 2012, 2013, […]

from Bitcoin News https://ift.tt/LvSFCzn

Miruku grabs more capital as its plant-based dairy tech reaches proof of concept

The company made advancements in its proprietary dairy seed system to leverage interactions between recombinant dairy casein and native plant proteins, with or without improved fatty acid profiles.

from TechCrunch https://ift.tt/a7E5sRb
https://ift.tt/EiNMXah

With Twilio under activist pressure, Segment could be put up for sale

With Twilio under pressure from activist investors, it's looking at whether to sell Segment, the company it bought in 2020 for $3.2 billion.

from TechCrunch https://ift.tt/bUrNgPM
https://ift.tt/EiNMXah

Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls

In the first month of 2024, Nigeria’s headline inflation rose from nearly one percent to 29.9%. However, on a year-on-year basis, the January 2024 headline inflation rate was 8.08 percentage points higher than the January 2023 rate. Many commentators identify foreign exchange shortages as the root cause of the naira’s poor performance against major currencies. […]

from Bitcoin News https://ift.tt/A4wpjkH

Intuitive Machines’ moon lander sent home its first images and they’re breathtaking

Intuitive Machines’ lunar lander is well on its way to the moon after launching without a hitch on Thursday, but it managed to snap a few incredible images of Earth while it was still close to home. The company shared the first batch of images from the IM-1 mission on X today after confirming in an earlier post that the spacecraft is “in excellent health.” Along with a view of Earth and some partial selfies of the Nova-C lander, nicknamed Odysseus, you can even see the SpaceX Falcon 9 second stage falling away in the distance after separation.

Intuitive Machines successfully transmitted its first IM-1 mission images to Earth on February 16, 2024. The images were captured shortly after separation from @SpaceX's second stage on Intuitive Machines’ first journey to the Moon under @NASA's CLPS initiative. pic.twitter.com/9LccL6q5tF
— Intuitive Machines (@Int_Machines) February 17, 2024

Odysseus is on track to make its moon landing attempt on February 22, and so far appears to be performing well. The team posted a series of updates on X at the end of the week confirming the lander has passed some key milestones ahead of its touchdown, including engine firing. This marked “the first-ever in-space ignition of a liquid methane and liquid oxygen engine,” according to Intuitive Machines.

This article originally appeared on Engadget at https://ift.tt/khonRWu

from Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics https://ift.tt/khonRWu
https://ift.tt/vlRqK8H

Binance’s Derivatives Arm Launches Tesla Model Y and Bitcoin Voucher Challenge

Binance has announced a competition through its crypto derivatives arm, Binance Futures, offering participants the chance to win a Tesla Model Y. According to the crypto exchange, the contest will unfold over four weekly challenges spanning from Feb. 18 to Mar. 17, 2024. Binance Futures Unveils Tesla Model Y Challenge and Daily Crypto Rewards Beginning […]

from Bitcoin News https://ift.tt/nvTGak1

Y Combinator wants 100 times more MRI scans

Leveraging resources such as virtual data rooms and shared labs makes it easier for biotech startups to grow. This is good news: We need more companies attacking cancer from novel angles.

from TechCrunch https://ift.tt/FkgGwi0
https://ift.tt/yH7ivaG

Google tests a feature that calls businesses on your behalf and holds until an agent is available

Google is testing a new feature that will place a call to a business on your behalf, wait on hold and then give you a call once a live representative is available, the company confirmed to TechCrunch. The new feature, called “Talk to a Live Rep,” would get rid of the need for users to […]

from TechCrunch https://ift.tt/wU3ZxhC
https://ift.tt/o0lqtcP

Coinbase's GiveCrypto Donates $3.6 Million To Brink To Fund Bitcoin Developers

GiveCrypto, an initiative founded by Coinbase CEO Brian Armstrong "to make direct donations to people in need", has made a significant donation of $3.6 million to Brink, a non-profit organization dedicated to funding Bitcoin developers.

Brink is excited to announce a $3.6m donation to our #Bitcoin development funding efforts from GiveCrypto!

Thank you to @brian_armstrong and the @coinbase team as well as @johnhering and @FEhrsam for your support in making this happen!
— Brink (@bitcoinbrink) February 16, 2024

Brink, founded by renowned Bitcoin developers John Newbery and Mike Schmidt, aims to provide financial support and mentorship to promising developers working on open-source Bitcoin development. Interested Bitcoin developers can apply for fellowships and grants from Brink, and see a current list of grantees and alumni on their website here.

"This donation to Bitcoin Core Developers through Coinbase's GiveCrypto program is one of the largest single Bitcoin developer donations in history," stated Brink Co-founder and Executive Director Mike Schmidt. "Brink is honored to be the recipient of this donation and for the conviction this shows in the important work that Brink engineers are doing day in and day out on the open source software at the core of the Bitcoin ecosystem."

The substantial donation from GiveCrypto will enable Brink to expand its efforts in funding Bitcoin developers and supporting essential projects within the Bitcoin ecosphere. By providing resources and funding to driven developers, Brink aims to accelerate the advancement of the Bitcoin protocol and drive innovation.

"This builds on our previous partnership with Coinbase's Crypto Community Fund and 100% of these funds will go toward the developers with no strings attached to the contribution," Schmidt continued. "I'd like to personally thank Brian Armstrong and John Hering, as well as the team at Coinbase for making this fantastic developer funding donation happen."

This past December, Coinbase announced that they were winding down GiveCrypto, despite its' positive impact, because the company wanted to "take a new direction." Therefore, Coinbase delcared that they would donate the remaining funds of GiveCrypto to Brink and GiveDirectly.

"Brink is working to strengthen the Bitcoin software and protocol and GiveDirectly is better equipped to ensure crypto donations reach those who need them most and will experience sustained benefits," Coinbase stated then.

from Bitcoin Magazine - Bitcoin News, Articles and Expert Insights https://ift.tt/k4UYel2

Hello is building a platform toward more home robots

The road to the home robot is one fraught with peril. The number of success stories it’s delivered can be counted on a single hand. The reasons for this massive disconnect are nuanced and complex — much like the insides of our homes. Twenty-years after the first Roomba arrived, the robot vacuum has begun to […]

from TechCrunch https://ift.tt/YA0L3uo
https://ift.tt/cxzSE8v

Fiat Is Artificial Money And Bitcoin Is Natural Money

I attended the Bitcoin Freedom Festival in Uvita, Costa Rica from January 18th through 20th. It was a unique event that was unlike any bitcoin gathering I’ve ever attended. There were over 30 speakers during the festival so I won’t try to cover each but there was one session that stood out and it involved a panel of indigenous women all who spoke through a translator. This panel said two things on the final morning which captured the essence of the festival. First, she made it clear they were guided by the Great Spirit to be there on that stage. [“I came because the Great Spirit opened the path” which included a car to the venue.] The wind speaks to us, the water speaks to us, the trees speak to us. Grandfather says, “always speak to that which gives us energy.” Some of these ideas might seem strange to the western mind, fully addicted to their screens and disconnected life.

BITCOIN IS NATURAL MONEY!

And then one of the members of the panel described bitcoin in a way that I’d never heard before. She called it the natural coin or “natural money.” It was one of those moments when the blinding flash of the obvious hits you like a thunderbolt. “Bitcoin is natural money.” Hold it, did she say bitcoin is natural money? Holy crap “bitcoin IS natural money!!” The completely ignorant say bitcoin is backed by nothing but that is so laughably wrong there is no point even engaging with someone who holds that uninformed view. Some bitcoiners like to say bitcoin is “money backed by energy” which many bitcoiners {most notably Eric Yakes author of The 7th Property} vigorously refute. Eric says bitcoin is “secured” by energy which I agree is a better framing.

However, this wise women in the jungle just gave bitcoin the best framing yet it’s: “n a t u r a l m o n e y.” You start with running water or methane gas, or hydrocarbons or wind or solar. ALL THESE ELEMENTS COME FROM NATURE AND ARE THEN CONVERTED TO ELECTRICITY THAT ALLOWS BITCOIN MINERS [ASIC’S] TO BEGIN HASHING WHICH EVENTUALLY RESULTS IN BITCOIN. Without these natural resources there is no bitcoin. Statement of fact. Start with something natural and end with bitcoin. The idea that every country in the world has natural resources that were previously unable to be converted to natural money is not lost on people in Africa or Costa Rica. [Note: Anyone reading this who loves this idea of natural money AND wants to author a children’s book on the topic please reach out to me.]

Fiat Is The Antithesis Of Natural Money

Compare what is needed to produce “natural money” to every fiat currency in the world or any of the top alt coins. Trillions of US dollars can be created out of thin air in seconds as long as you’re the central banker or someone holding an insider position [ONE OF THE PRIVILEGED FEW] who gets to produce money from nothing and certainly NOT FROM NATURE. Fiat is the antithesis of natural money!! “Stick that in your pipe and smoke it Senator Warren!” Fiat is artificial. Bitcoin is natural.

Natural Money NOT Bitcoin

Bitcoin is the term for the zealots, the ideologues and the movement. There is nothing wrong with the term bitcoin but consider the adversarial energy that has been built against it? Our adversaries have built some bitter narratives against it. Are they bullshit? You bet!!! Does most of the world know that? NO!!!

Problem: Bitcoin is used as a derisive term by bitcoin’s biggest enemies, haters and detractors. I’ve personally watched young and old visibly blanche at my mention of the word bitcoin.

Solution: Natural money is so much more approachable for the uninitiated. Imagine if we asked Charlie Munger, Warren Buffett or Peter Schiff this question: “What are your thoughts about natural money?” Their responses will make them sound clownish and ignorant.

Natural money quietly, peacefully and softly creates curiosity around the idea there is such a thing in the world as natural money. There are all kinds of implied qualities about that term which neutralizes the attack surface on bitcoin. It also reduces the attack surface by bitcoin’s opponents because it’s much harder to attack “natural money.” Natural money is of the people, for the people and by the people. You can be against “natural money” of course but it almost seems unnatural to do so. It eviscerates some typical attacks and darts thrown at bitcoin.

It’s the first natural money native to the internet. It doesn’t require much explanation beyond saying it’s the only form of money fueled or sourced by natural resources. Who’d want to oppose “natural money”? [As an experiment, go back and read your favorite or next article about bitcoin but substitute the term “natural money” each time the word bitcoin appears. How does it land on you?]

CALL TO ACTION

As we gathered round the bonfire on the beach that final night on Playa Hermosa as the festival came to a close I shared this indigenous woman’s insight with other festival goers and it resonated. So as a final thought, I invite you to consider executing a “soft fork” in your use of language from this point forward and share her wisdom far and wide. In my view, she captured the gestalt of bitcoin by calling it “natural money.”

From now on, when you get the chance I’d suggest you use the phrase natural money 2x more often when describing bitcoin. Why? There is a huge segment of the population that is more likely to be curious about natural money. Psychologically and subconsciously the world has been HUNGERING for natural money since Nixon closed the gold window in 1971. Bitcoin can sound too much like a cult or religious zealots to those who fail to appreciate it’s breakthrough impact on humanity. There have been dozens of negative narratives thrown at bitcoin since inception. For me it seems much more accurate and satisfying to refer to bitcoin as natural money. One of the festival attendees even created a Twitter handle #naturalmoney. As a gesture of respect for this wise lady let us know you agree with her.

This is a guest post by Mark Maraia. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

from Bitcoin Magazine - Bitcoin News, Articles and Expert Insights https://ift.tt/OnET4Kv

BMW security lapse exposed sensitive company information, researcher finds

A misconfigured cloud storage server belonging to automotive giant BMW exposed sensitive company information, including private keys and internal data, TechCrunch has learned. Can Yoleri, a security researcher at threat intelligence company SOCRadar, told TechCrunch that he discovered the exposed BMW cloud storage server while routinely scanning the internet. Yoleri said the exposed Microsoft Azure-hosted […]

from TechCrunch https://ift.tt/CIHtAzs
https://ift.tt/Ak6ud2C

HIPAA protects health data privacy, but not in the ways most people think

The “P” in HIPAA doesn’t stand for privacy. It’s one of the first things a lot of experts will say when asked to clear up any misconceptions about the health data law. Instead, it stands for portability — it’s called the Health Insurance Portability and Accountability Act —and describes how information can be transferred between providers. With misinterpretations of HIPAA starting with just its name, misunderstandings of what the law actually does greatly impact our ability to recognize how the kinds of data do and don't fall under its scope. That’s especially true as a growing number of consumer tech devices and services gather troves of information related to our health.

We often consider HIPAA a piece of consumer data privacy legislation because it did direct the Department of Health and Human Services to come up with certain security provisions, like breach notification regulations and a health privacy rule for protecting individually identifiable information. But when HIPAA went into effect in the 1990s, its primary aim was improving how providers worked with insurance companies. Put simply, “people think HIPAA covers more than it actually does,” said Daniel Solove, professor at George Washington University and CEO of privacy training firm TeachPrivacy.

HIPAA has two big restrictions in scope: a limited set of covered entities, and limited set of covered data, according to Cobun Zweifel-Keegan, DC managing director of the International Association of Privacy Professionals. Covered entities include healthcare providers like doctors and health plans like health insurance companies. The covered data refers to medical records and other individually identifiable health information used by those covered entities. Under HIPAA, your general practitioner can't sell data related to your vaccination status to an ad firm, but a fitness app (which wouldn't be a covered entity) that tracks your steps and heart rate (which aren't considered covered data) absolutely can.

“What HIPAA covers, is information that relates to health care or payment for health care, and sort of any piece of identifiable information that’s in that file,” Solove said. It doesn’t cover any health information shared with your employer or school, like if you turn in a sick note, but it does protect your doctor from sharing more details about your diagnosis if they call to verify.

A lot has changed in the nearly 30 years since HIPAA went into effect, though. The legislators behind HIPAA didn’t anticipate how much data we would be sharing about ourselves today, much of which can be considered personally identifiable. So, that information doesn’t fall under its scope. “When HIPAA was designed, nobody really anticipated what the world was going to look like,” Lee Tien, senior staff attorney at the Electronic Frontier Foundation said. It’s not badly designed, HIPAA just can’t keep up with the state we’re in today. “You're sharing data all the time with other people who are not doctors or who are not the insurance company,” said Tien.

Think of all the data collected about us on the daily that could provide insight into our health. Noom tracks your diet. Peloton knows your activity levels. Calm sees you when you’re sleeping. Medisafe knows your pill schedule. Betterhelp knows what mental health conditions you might have, and less than a year ago was banned by the FTC from disclosing that information to advertisers. The list goes on, and much of it can be used to sell dietary supplements or sleep aids or whatever else. “Health data could be almost limitless,” so if HIPAA didn’t have a limited scope of covered entities, the law would be limitless, too, Solove said.

Not to mention the amount of inferences that firms can make about our health based on other data. An infamous 2012 New York Times investigation detailed how just by someone’s online searches and purchases, Target can figure out that they’re pregnant. HIPAA may not protect your medical information from being viewed by law enforcement officers. Even without a warrant, cops can get your records just by saying that you’re a suspect (or victim) of a crime. Police have used pharmacies to gather medical data about suspects, but other types of data like location information can provide sensitive details, too. For example, it can show that you went to a specific clinic to receive care. Because of these inferences, laws like HIPAA won’t necessarily stop law enforcement from prosecuting someone based on their healthcare decision.

Today, state-specific laws crop up across the US to help target some of the health data privacy gaps that HIPAA doesn’t cover. This means going beyond just medical files and healthcare providers to encompass more of people’s health data footprint. It varies between states, like in California which provides options to charge anyone who negligently discloses medical information or some additional breach protections for consumers based in Pennsylvania, but Washington state recently passed a law specifically targeting HIPAA’s gaps.

Washington State’s My Health My Data Act, passed last year, aims to “protect personal health data that falls outside the ambit of the Health Insurance Portability and Accountability Act,” according to a press release from Washington’s Office of the Attorney General. Any entity that conducts business in the state of Washington and deals with personal information that identifies a consumer’s past, present or future physical or mental health status must comply with the act’s privacy protections. Those provisions include the right not to have your health data sold without your permission and having health data deleted via written request. Under this law, unlike HIPAA, an app tracking someone’s drug dosage and schedule or the inferences made by Target about pregnancy would be covered.

My Health My Data is still rolling out, so we’ll have to wait and see how the law impacts national health data privacy protections. Still, it’s already sparking copycat laws in states like Vermont.

This article originally appeared on Engadget at https://ift.tt/2avWBLw

from Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics https://ift.tt/2avWBLw
https://ift.tt/Olokb3M

United Airlines grounds Airbus A321neo fleet over antiquated no smoking sign law

United Airlines briefly grounded its fleet of brand-new Airbus A321neo planes, according to a report by Gizmodo. This had nothing to do with safety, as was the case with that recent Boeing controversy. Rather, it was due to the aircraft running afoul of a 1990 regulation regarding “no smoking” signs.

The 1990 ruling mandates that “no smoking” signs found on aircraft must be manually operated by the crew. The newly-designed Airbus A321neo features software that automatically displays the signage during a flight, so the crew doesn’t switch it on and off. That’s pretty much it. Meanwhile, smoking itself was fully banned from both domestic and international flights nearly 25 years ago.

Automated signage systems are not new. Many air travel companies bypass the 1990 regulation by applying for an exemption with the Federal Aviation Authority. United filed for this exemption on behalf of its entire fleet back in 2020, which was granted. There’s just one problem. The company's Airbus A321neo is so new that it doesn’t fall under the protection of that exemption. These planes just started flying the friendly skies two months ago.

United is seeking permission from the FAA to add the Airbus A321neo to the pre-existing exemption. The federal agency has given United permission to fly its fleet of A321neos, five in all, while evaluating this request.

“As the FAA noted, this is not a safety of flight issue. Our five A321neos were briefly out of service on Monday while we worked through this issue with the FAA, resulting in a handful of delays but no cancellations as we swapped that flying to other aircraft types in an effort to minimize disruption for our customers,” United wrote in a statement.

There’s just one question left to ask. It costs around $130 million to manufacture just one A321neo aircraft, so United spent $650 million to make this fleet. That’s a whole lot of cheddar, so why didn’t it get this exemption stuff sorted before the company started booking flights?

This article originally appeared on Engadget at https://ift.tt/UFAHzOf

from Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics https://ift.tt/UFAHzOf
https://ift.tt/SiYRqgc

Switzerland’s Wingman Ventures rebrands to Founderful, aims for a $120M fund

Wingman Ventures is seeking the best of Switzerland’s startups and its diverse portfolio already ranges from mobile commerce to robotics. The Zurich-based venture capital firm, which focuses on pre-seed startups, announced today it is rebranding as Founderful and has already raised $85 million for its new Fund II, with a target of closing $120 million […]

from TechCrunch https://ift.tt/bPYTxu4
https://ift.tt/R6FZwOC

Bitcoin Hits $50,000 For The First Time Since 2021

Bitcoin has surged past the $50,000 mark today, according to CoinMarketCap data, reaching this milestone for the first time since December 2021.

The breakthrough marks a significant recovery for Bitcoin, which faced massive volatility and fluctuations over the last couple years, reaching lows of around $16,000. Bitcoin's resilience and upward trajectory underscore its status as a store of value and a hedge against inflation in todays grim economic landscape.

Investors are closely monitoring Bitcoin's price movements, with many viewing the $50,000 level as a crucial psychological barrier. The surge in Bitcoin's price reflects renewed confidence in the asset's long-term potential and its ability to attract institutional investment.

This year's upward price movement has been mainly fueled by spot Bitcoin ETF demand, which is seeing adoption by mainstream financial institutions and increasing retail investor participation. The immense amount of selling pressure by Grayscale's Bitcoin ETF, in addition to miners selling off coins, appears to now be almost exhausted. So now with the inflows for all the other spot Bitcoin ETFs accelerating, buying demand is far exceeding any current selling pressure.

Also, with the halving event quickly approaching for Bitcoin, market participants have been vocal about eagerly buying up BTC before the mining reward gets cut in half, which is expected to create a supply shock later in the year.

from Bitcoin Magazine - Bitcoin News, Articles and Expert Insights https://ift.tt/U65FxOn

Dogecoin (DOGE) No Longer Top 10 Coin

Dogecoin (DOGE) No Longer Top 10 Coin2024/02/12 09:34Dogecoin (DOGE), the cryptocurrency that soared to popularity as a meme, has been nudged out of the top 10 by market capDogecoin (DOGE), the cryptocurrency that soared to popularity as a meme, has been nudged out of the top 10 by market cap2024-02-12T09:34:00.000Z

Ripple Grabs 100 Million XRP at Pivotal Moment for XRP Price

Ripple Grabs 100 Million XRP at Pivotal Moment for XRP Price2024/02/12 09:34Ripple's acquisition of 100 million XRP, worth $52.6 million, amid price volatility, ignites speculation and interestRipple's acquisition of 100 million XRP, worth $52.6 million, amid price volatility, ignites speculation and interest2024-02-12T09:34:00.000Z

Ethereum's (ETH) Last Hope Gone? ERC404 Volumes Plummets

Ethereum's (ETH) Last Hope Gone? ERC404 Volumes Plummets2024/02/12 09:34New fuel that many investors believed would push Ethereum to new heights is already goneNew fuel that many investors believed would push Ethereum to new heights is already gone2024-02-12T09:34:00.000Z

Flare (FLR) Rebounds 7% on XRP Integration News

Flare (FLR) Rebounds 7% on XRP Integration News2024/02/12 09:34XRP is coming to Flare Network, update that pushed FLR price higherXRP is coming to Flare Network, update that pushed FLR price higher2024-02-12T09:34:00.000Z

ETH Price Rounding Reversal Eyes Breakout Run To $3000

ETH Price Rounding Reversal Eyes Breakout Run To $3000 eth

The post ETH Price Rounding Reversal Eyes Breakout Run To $3000 appeared first on Coinpedia Fintech News

As the Ethereum trend bounces back from the crucial zone of demand at $2200, the altcoin is rising on a steady uptrend. Further, the bullish trend in ETH price is heading to challenge the overhead $2600 resistance while making a rounding bottom pattern.

On the larger-market front, the Bitcoin price surging beyond the $47K mark is bringing additional momentum to the altcoins market. Further, there is anticipation surrounding the potential Ethereum ETF and the implementation of the Dencun upgrade positions ETH for significant growth in 2024.

To find out if Ethereum will reach the $10K, check out our ETH price prediction.

ETH Price Consolidation Eyes Bullish Conclusion

Source – TradingView

As the ETH price trend is ready to challenge the previous peak of the bull run at $2600, the bullish reversal forms a trend continuation pattern. With a spike in trading volume, the trend reversal eyes a rounding bottom pattern to prolong the uptrend.

Following the days of consecutive bullish candles, the higher price rejection candles forming at $2500 warn of a pullback. However, as long as the buyers sustain the continuation pattern, the uptrend can cross $2600.

Currently, the ETH price trades at $2500 with a small intraday drop of 0.30%, teasing a potential evening star pattern.

Nevertheless, the anticipations of a bullish trend continuation projects a $2600 breakout to reach the $300 mark. On the flip side, a retest of the $2363 is possible that aligns with the 23.60% Fibonacci level.

Technical indicators:

MACD indicator: The rising MACD and signal lines in the daily chart project a rise in underlying bullish momentum, teasing a breakout in Ethereum.

The post ETH Price Rounding Reversal Eyes Breakout Run To $3000 appeared first on Coinpedia Fintech News

2024-02-12T08:38:39.000ZMon, 12 Feb 2024 08:38:39 +00002024-02-12T08:38:39.000Z

XRP & SOL Holders Scramble to Get Last of Stage 1 Kelexo (KLXO) Presale as 25x Looks Easily Achievable

XRP & SOL Holders Scramble to Get Last of Stage 1 Kelexo (KLXO) Presale as 25x Looks Easily Achievable xrp-sol

The post XRP & SOL Holders Scramble to Get Last of Stage 1 Kelexo (KLXO) Presale as 25x Looks Easily Achievable appeared first on Coinpedia Fintech News

Several whales are pouring their investments into the first stage of the Kelexo (KLXO) presale. Each KLXO token is currently being sold for a generous $0.048, with over 7000 sign-ups in less than three weeks. This article covers the new game changer on the block, Kelexo (KLXO).

Ripple (XRP) and Solana (SOL) Holders Diversify Their Portfolio

Kelexo’s (KLXO) presale launch has created a buzz in the crypto world as investors in both Ripple (XRP) and Solana (SOL) try to get their hands on Kelexo (KLXO) tokens. With Kelexo’s (KLXO) innovative and possibly revolutionary lending services, banking bureaucracy might become a thing of the past. It only makes sense for Solana (SOL) and Ripple (XRP) holders to add this much sought-after coin to their portfolio.

In the last month, Ripple (XRP) has devalued by 8.3% while Solana (SOL) upscaled by 6%. Despite Solana (SOL) showing impressive progress in the first quarter of 2024, its projections from seasoned analysts are not promising. Although Ripple (XRP) has the 6th largest trading volume, it is still falling behind and is likely to get out of its rut in a few years. That said, every experienced investor knows better than to put all their eggs in one basket.

Stage 1 of Kelexo (KLXO) Presale

Kelexo (KLXO) has shaken things up with its presale launch. Investors and big names are flocking in in their numbers. Kelexo (KLXO) is changing the game in the crypto market with its peer-to-peer lending platform that streamlines lending and borrowing at a low risk.

Kelexo (KLXO) has set a presale record for gaining 1000 users in 24 hours, which is higher than the recorded sales statistics of Solana (SOL) and Ripple (XRP). Everything points towards a huge potential for Kelexo (KLXO) and investors know it only gets better from here.

Presale participants enjoy exclusive benefits like a Kelexo (KLXO) debit card, commission-free swap services and passive income from a revenue share marketplace.

At stage 1 of the presale, Kelexo (KLXO) tokens are sold for $0.048 a token. This is a more than decent price for investors ready to snatch this opportunity and grow their portfolio.

25× Potential growth for Kelexo (KLXO)

Kelexo’s (KLXO) uniqueness stems from its simplicity and easy-to-understand contracts, being consumer-conscious by improving the platform feasibility and giving users the power to shape the platform by suggestions and votes, not to mention its transparency in transactions.

Kelexo (KLXO) tokens are at a giveaway price of $0.048, which conveniently positions Kelexo’s (KLXO) growth potential to up to 25x and possibly more during its Stage 1 presale.

As most experienced investors know, investing in solid projects early is where significant gains are often made. We highly recommend checking Kelexo (KLXO) out.

Find out more about the Kelexo (KLXO) presale by visiting the website here

The post XRP & SOL Holders Scramble to Get Last of Stage 1 Kelexo (KLXO) Presale as 25x Looks Easily Achievable appeared first on Coinpedia Fintech News

Crypto investors who have previously invested in Ripple (XRP) and Solana (SOL) seem more than eager to cast their nets in more lucrative enterprises that promise profits. Who can blame them? Both coins haven’t produced decent results. Several whales are pouring their investments into the first stage of the Kelexo (KLXO) presale. Each KLXO token …

2024-02-12T08:37:03.000ZMon, 12 Feb 2024 08:37:03 +0000Press Release2024-02-12T08:37:03.000Z

Cardano Price Volatility Increases! ADA Price To Undergo Break Out Rally Soon?

Cardano Price Volatility Increases! ADA Price To Undergo Break Out Rally Soon? Cardano ADA to Hit New 2023 Highs

The post Cardano Price Volatility Increases! ADA Price To Undergo Break Out Rally Soon? appeared first on Coinpedia Fintech News

The ADA price continues its struggle to break out of its resistance level of $0.5625, indicating a strong liquidation point at that level. Further, the Cardano price has lost over 5% within the past 24 hours, indicating a bearish influence in the crypto space.

The Cardano’s ADA coin price traded in a closed range between $0.5208 and $0.5426 for about a week, following which the market volatility increased, resulting in the ADA price recording a correction of approximately 10.5% in value. After this, the price traded sideways for a while, indicating a neutral trend in the market.

ADA Price Analysis — TradingView: ADA/USDT

The bulls constantly struggled to break their resistance level, but the bears overpowered the bulls, and the price recorded another correction of over 12% in the next two days. The ADA price then traded in a closed range between $0.4577 and $0.4756 for a while, following which the bulls regained momentum and displayed a price break out.

After this, the ADA coin price traded in a consolidated range between $0.4756 and $0.5208 for about two weeks, highlighting a weak price action for this altcoin. After testing its low of $0.4756, the bulls regained momentum and added approximately 12% to its portfolio.

The bulls recorded multiple rejections at their important resistance level of $0.5456 before successfully breaking out of it. However, the rally was short-lived as the price faced restriction at $0.5625. Since then, the price has been trading under a bearish influence.

Will ADA Reach $1?

The Relative Strength Index (RSI) records a decline in the chart, indicating a stronger selling-over-buying pressure. Moreover, the averages show a bearish curve, highlighting a bear power in the crypto market.

If the bulls regain momentum, the ADA price will test its resistance level of $0.5456 soon. Further, if the market holds the price at that level, it will prepare to test its upper resistance level of $0.5625 in the upcoming weeks.

Negatively, if the bears continue to overpower the bulls, the Cardano price will fall to test its support level of $0.5208. Moreover, if the bears dominate the market, it will plunge and prepare to test its lower support level of $0.4966 in the coming time.