All posts by techfans

Why the Current Bitcoin Frenzy Possibly Hasn’t Peaked Yet

While Bitcoin  (GBTC)  has seen a massive run-up over the last three months, the party might not be poised to end just yet. As others have noted, Google search activity related to Bitcoin (while having spiked lately) remains below its late-2017 and early-2018 highs. Arguably, that’s one sign that the current, speculative, retail fervor surrounding […]

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Top US Banking Regulator: Banks Are Authorized to Use Public Blockchains and Stablecoins for Payment Activities

The top banking regulator in the U.S. has announced that national banks and savings associations in the country can use public blockchains and stablecoins for payment activities. Experts say this is good for bitcoin and its importance should not be understated. Banks Can Use Public Blockchains and Stablecoins The Office of the Comptroller of the […]

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Google says it will update its iOS apps with privacy details beginning this week

Earlier today, it was reported that Google hasn’t updated any of its iOS apps since December 7, a day before Apple required developers to provide a privacy report for every app available on the App Store. However, Google has now said it will update its iOS apps with privacy details beginning this week. Since December […]

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Apple confirms announcement of fiscal Q1 2021 results on January 27

Apple today confirmed that its next conference call to announce the fiscal Q1 2021 results will be held on January 27. This comes after the company announced its annual meeting with shareholders on February 23, 2021. As usual, the company will hold a call with investors and analysts at 2 p.m. PT/5 p.m. ET, right […]

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‘My Bitcoin investment multiplied by ten in just two years

Other topical investments have been bullish. Last August, after reading the 50th gushing article about plug-in cars, I wondered whether I should buy a share in Tesla; on checking the price of Elon Musk’s stocks ($736 apiece today), I readjusted my ambitions, tried to think laterally. What about the components that those vehicles will rely […]

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Ban Bitcoin

Three years ago I wrote “Happy 10th Birthday, Bitcoin. Now Go Away Before You Fry Us All,” saying “let’s hope it doesn’t make it to its bar mitzvah.” Well here we are, Bitcoin is 13 years old, that happy bar mitzvah age. And my how it’s grown, as has the energy consumption that the cryptocurrency […]

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Bitcoin Bounces Back Above $31K After Monday’s Drop

Bitcoin is trading higher on Tuesday, and the bull market is looking less overheated than it did a day ago. At press time, the top cryptocurrency by market value is changing hands near $31,590, representing a 5% gain on a 24-hour basis. Bitcoin had dipped by 15% to near $28,000 during Monday’s European trading hours. […]

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JPMorgan: Bitcoin could reach heights of $146,000, but not just yet

As cryptocurrencies become increasingly mainstream, JPMorgan believes that Bitcoin could rise to a high of $146,000 per coin in the future. In a new note, strategists from the investment banking company led by Nikolas Panigirtzoglou shared their thoughts on how Bitcoin could compete with gold as an asset class. However, in order to do so, […]

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