Today was a very interesting day for Bitcoin, which jumped from an early minimum of US$19,321.08 (reached at 2:30 AM) to the day's — and all-time — highest value of US$20,735.61. With two weeks left until the end of the year, remains to see how high the world's most popular cryptocurrency can go.
Less than two weeks since it managed to hit the US$15,000 threshold, the world's most popular cryptocurrency recorded a 24-hour jump of almost 9 percent and reached the highest value of the year so far — US$18,453.87. Now, can it blow up the US$20,000 barrier before the end of the year or not?
A comprehensive study carried out by Bitwise Asset Management has come to the conclusion that the majority of reported volume in bitcoin trading is faked. Some unethical bitcoin traders are deliberately manipulating the volume to encourage either buying or selling of the cryptocurrency. Bitcoin is currently valued at US$3,965.
Bitcoin continues its fast road uphill with a new peak reached in a day that started with a low value of around US$18,000. However, everything went smoothly and in just a few hours the well-known cryptocurrency had managed to hit a new milestone by climbing all the way up to a value of US$19,287.54.
In an effort to improve and expand services for its clients, AT&T is now offering the possibility of using Bitcoin to pay for monthly bills. AT&T is collaborating with BitPay, as many of its clients are already suing this payment processor. The Bitcoin payments do not apply to handset purchases and are only available online, not in storefronts.
Bitcoin had a wild ride this week. After dipping over 6% on Wednesday, the cryptocurrency rallied about 30% to finish the week 18% higher. Bitcoin is up over 50% since last October. The most likely causes of the swings this week involved Google's quantum computing success and Facebook's failures with Libra.
Following the successful introduction of cryptocurrency features for this year's Galaxy S10 handhelds, Samsung now plans to add blockchain-related services to budget and mid-range models, as well. Besides crypto wallets and digital signage apps, Samsung may also add digital identity verification tools in upcoming Galaxy models.
Bitcoin has closed at a price of US$3,964.89 today, keeping the well-known digital currency under the US$4,000 mark. Its value actually dropped to a low of US$3,505 on November 25 but has managed to gain a little over the last few days. However, a market analyst for IG Group has stated that the virtual currency is coming close to a crucial “capitulation moment.”
Google announced that the newest preview for the next version of Android would be made available on a total of 21 devices, including the more recent Pixel phones. Therefore, a relatively large number of users may have gained access to it already. Unfortunately, some of them now report that using Google Pay as normal is impossible while running this beta.
It looked like Bitcoin could finally break the 10K line after the Consensus annual event, but the US Justice Department thwarted all bullish plans, triggering a considerable devaluation. In just 5 days, Bitcoin dropped from ~US$8,400 to almost US$7,000 as the DoJ is currently investigating price manipulation schemes pulled by crypto traders.
It appears neither Bill Gates nor Warren Buffett are the greatest fans of bitcoin. Both men have been recently reported saying rather disparaging things about the famous cryptocurrency, which may have prevented bitcoin from achieving a five-figure value for the first time since March. Regulation concerns are believed to have also contributed to the slight dip in price.
A number of 'new brands' are emerging rapidly in the US smart TV market, despite being less than readily associated with this product category. Prominent examples include Hisense, TCL and Vizio. Recent research indicates that, of these, Hisense is regarded as the superior option among US customers.
A Swiss technology company has started rolling out smart banknotes called Tangem Notes that offer a physical presence for cryptocurrencies. The "banknotes," which are actually plastic cards, have been launched for sale in a large store in Singapore and there are plans for a wider rollout throughout 2018 and 2019. Currently available Tangem banknotes are valued at 0.01 BTC and 0.05 BTC.
In a warning to Coinbase users not to fall for fake customer service representatives, a subscriber got their Bitcoin account plundered with their own helping hand.
The European Commissioner for Financial Services urged EU members and the European Parliament to agree on a crypto regulation proposal by November's end. Some EP members expressed skepticism about the deadline, indicating that it'd be better if the crypto legislation is synchronized with the White House to make sure it enhances rather than stifles innovation.
The Indian government will finally address the burgeoning cryptocurrency issue in the Winter Session of parliament. It plans to regulate crypto-related transactions in the country. A state-backed digital currency is also said to be in the works.
In a rather silent move, Google introduced Chrome 96 on all platforms. However, it looks like this new piece of code is all about under-the-hood changes. The update will roll out to all devices in the coming weeks and — at least for now — there is no information regarding security updates that come with it.
President Biden's administration may soon issue an executive order on crypto trading that will be a coordinated regulation push by all government agencies involved - from the Treasury Department to the national security ones.
The Xiaomi 12 Ultra and Xiaomi 12 Ultra Enhanced have been found in MIUI code, the seeming successors of the Mi 11 Pro and Mi 11 Ultra. The pair will feature a plethora of high-megapixel cameras and Qualcomm's next-generation flagship SoC, but they could both be China-exclusives.
The deal will supposedly last only until the end of Tuesday as a response to Amazon Prime Day. Though the specifications are superb for the sale price, the low 8 GB of RAM may still be a deal breaker for many.
According to reports, the GeForce RTX 2060 12 GB will offer more than double the VRAM of the RTX 2060. Instead, the 12 GB card will match the RTX 2060 SUPER in many areas, including CUDA cores.
Redditor @zyck_titan discovered that, despite scalping and astronomical prices, NVIDIA’s Ampere lineup, including cards like the GeForce RTX 3090 have sold ten times the volume of AMD’s RDNA2 cards.
The graphics card shortage has led to another curious product launch. Now, Palit has unveiled a new version of the GeForce GTX 1050 Ti, which it first released in 2016. Worse still, the Pascal-based card is no cheaper than it was when Palit released it four years ago.
AYN Technologies has postponed the release of the AYN Odin by a month, an Android-based handheld games console. The Odin is available in three configurations and supports an optional Super Dock.
The upcoming AMD RDNA 3 Navi 31-based RX 7900 XT will be based on a 5 nm + 6 nm MCM and could use a 256-bit memory bus but stick to GDDR5 VRAM. Navi 33 (RX 7700 XT) will be a 6 nm monolithic die with 128-bit GDDR6 VRAM and offer more performance than the current RX 6900 XT. The Nvidia Lovelace AD102 RTX 4090 will continue to use 384-bit GDDR6X memory and have GPU clocks greater than 2.2 GHz.