Elon Musk confirms everyone is getting the 'all new' XChat this week, complete with 'Bitcoin style encryption'
Looking to compete with the likes of Signal, Elon Musk is ready to rollout XChat to all users of his X social platform. Rather than being a separate app for chatting, however, XChat is essentially just direct messaging within X -- so who is it for, and what does it have to offer?
Taking inspiration from numerous sources, Musk says that in addition to text-based messaging, there is also video and audio calling. Other features include vanishing messages, the option to “send any kind of file”, and an undetailed encryption system.
Bitcoin: Volatile or maturing? Why 2025's price swings might signal market evolution, not instability
The dramatic price changes of Bitcoin remain visible in the headlines during early 2025. Bitcoin experiences an upward trend after substantial institutional inflows while falling due to international regulatory news or global macroeconomic conditions.
Price volatility in the Bitcoin market leads traditional investors to perceive the cryptocurrency as a dangerous, unstable asset category. These fluctuations in price represent an emerging market that integrates into the fundamental structure of worldwide financial systems. For instance, Bitcoin price volatility operates as an essential element of an evolving asset class, which shows enhanced sensitivity to worldwide events and internal changes in the market.
The next Bitcoin halving is imminent and price volatility is likely
For only the fourth time, there is a Bitcoin Halving on the horizon. Occurring -- roughly -- every fours years, the first took place in November of 2012, the second in July of 2016, and the third in May of 2020. The next is due on April 19 or 20.
The exact date and time is not known as a halving takes place every 210,000 blocks, and it is a mechanism designed to make Bitcoins rare. But just what does it mean in practice for both miners and investors? While it is hard to predict precisely what will happen, market volatility is likely to be the order of the day.
Will Artificial Intelligence power online trading solutions in the future?
Artificial Intelligence (AI) has become a buzzword in various industries and the world of online trading is no exception. With its ability to analyze vast amounts of data and make predictions, AI has the potential to revolutionize the way we trade online. Or maybe that's not the case at all. The point in fact is that AI has been integrated into various systems across numerous different industries already.
However, using AI in the financial market, especially, in trading stocks, bonds, cryptocurrencies and other assets is up to debate. After all, is using AI's machine learning and predictive analysis considered cheating? How is it any different when investors rely on informer insights and leaked documents? The software is just better at processing data than human is.
Sustainable mining and bitcoin -- the green revolution
In the realms of cryptocurrency, a pressing concern has taken center stage: the environmental ramifications of Bitcoin mining. With the escalating popularity of digital currency, heightened awareness about its carbon footprint has spurred a closer examination of sustainable mining practices.
Embark with us on a journey delving into the intricacies of sustainable mining, exploring the potential for a transformative green revolution within the realm of Bitcoin.
Search traffic trends in the crypto sector: Unveiling the digital gold rush
Search traffic trends offer a fascinating glimpse into the evolving interests and behaviors of investors and enthusiasts. From its early days, the crypto sector has witnessed seismic shifts that continue to shape its landscape. For instance, some investors diversify their portfolios by adding L1 Blue Chip Assets from various sectors.
As cryptocurrencies emerged from obscurity, Bitcoin led the charge, captivating the imagination of investors. But what do the search traffic trends reveal about this digital darling and its competitors?
The legal implications of digital money: What you need to know
Digital money, digital currency, most popularly known as cryptocurrency, has seen its rise to fame over recent years. Despite its popularity, many remain skeptical of cryptocurrency and its impact on society.
According to the World Economic Forum, cryptocurrency helps continue, stabilize, and substitute existing money. However, cryptocurrencies operate totally differently than legal tender, and the authorities are concerned about a non-existent monetary policy for this digital money. This article will discuss digital money, its impact, and all the legal implications of cryptocurrency transactions.
Should crypto investors seek new ventures?
Since the COVID-19 pandemic began in 2020, it seems like everything has gone online for safety and convenience -- including work, education, medical care, entertainment, sales and more. It’s no surprise that cryptocurrency, which encompasses all types of digital or virtual currency, took off in 2021 as well.
Crypto investment has skyrocketed recently. Cryptocurrency users and investors have created a lot of buzz about this market and its potential. The biggest cryptocurrencies include Bitcoin and Ethereum, while exchanges like Binance, Coinbase Exchange and Kraken provide places to invest, trade and explore new markets. However, cryptocurrency is volatile. Recently, as the novelty has worn off, many investors have begun questioning crypto's risks and long-term viability. Here are some ways to diversify your investment portfolio or find cryptocurrency alternatives.
Detection and protection from crypto romance scams
You likely know what risks you face if you invest in cryptocurrency. The crypto market is highly volatile, and its decentralized status means no central authority backs the value of digital currencies. Another threat to investors is crypto romance scams.
Anyone who owns any form of cryptocurrency is a potential target for crypto romance scams. Here’s how to detect them and strategies to protect your finances from malicious cybercriminals.
YouTube promotes a 'live' crypto scam for Taylor Swift
On my YouTube home page at the moment is a promoted 'live' ask me anything from Taylor Swift. Seeing as her latest album Midnights is currently breaking records everywhere, that’s not surprising.
The thing is this live video isn’t what it seems to be.
Top tips for investors looking to navigate the current crypto winter
The crypto market has experienced a lot of turbulence in 2022 -- and we’re barely over the halfway mark. From Luna’s extraordinary fall from grace to Bitcoin dipping below the $20,000 mark for the first time since late 2020 -- investors have been riding a financial rollercoaster in the past few months.
Despite the doom and gloom outlook of many, confidence remains amongst investors as we head into a 'crypto winter'. Latest research from Bank of America, which included findings from 160 of its clients -- indicates that blockchain technology and the digital asset ecosystem are here to stay, and investors aren’t deterred by the state of the market. Unsurprisingly, as a result, the bank’s leadership remains optimistic for mainstream digital asset adoption in the future.
NFT sales drop to 12-month low amid cryptocurrency slump
The appeal of NFTs (non-fungible tokens) appears to have dropped off. After enjoying a period of near-meteoric popularity, the value of NFT sales has been decimated over the past six months.
NFT sales for June 2022 were a little over $1 billion, compared to a peak of $12.6 billion at the start of the year. The drop in interest takes NFTs to their lowest level in a year, and it comes as the cryptocurrency markets have suffered a period of extreme volatility and price drops.
Crypto banks and emerging trends for 2022
Cryptocurrencies took the attention of investors and tech-savvy worldwide some time ago. Thanks to its rapid growth, the crypto industry has surpassed the $1 trillion market cap in 2021 and reached the all-time high of more than $3 trillion in the same year.
With regulations getting set in place, banks are getting more enthusiastic about including cryptocurrencies in their product offer.
Twitter embraces cryptocurrency by rolling out Bitcoin tipping
It is a few months since Twitter added Tip Jar -- now simply known as Tips -- giving users a way to receive donations and appreciative financial tips from followers. Now the company has expanded the capability two key ways, in a move that will be welcomed by creators and entertainers alike.
Firstly, the Tips option is being made available globally to iOS users, with the promise that Android users will get it in "the coming weeks". Secondly, and more interestingly, Twitter is also making it possible to send and receive tips using Bitcoin.
Amazon denies cryptocurrency rumors, and Bitcoin drops in value
The ever-volatile price of Bitcoin took another turn as Amazon denied recent rumors that it is looking to accept the cryptocurrency as a form of payment.
Speculation about the online retailer's embrace of Bitcoin and other cryptocurrencies, as well as rumors of tokenization, caused a Bitcoin surge at the weekend. But now the company has spoken out to deny the suggestions, the value has tumbled again.
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