Day: January 6, 2021

Total Cryptocurrency Market Value Hits Record $1 Trillion

The total value of all cryptocurrencies passed $1 trillion Wednesday for the first time ever, per CoinGecko‘s index of 6,124 assets. At its prior peak in late 2017, the market’s total capitalization was just above $760 billion, according to TradingView. Bitcoin represents roughly 69% of the market’s value, according to Messari. Traders aren’t surprised by …

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Trump Signs Order to Ban Ma’s Alipay, Other Chinese Apps

U.S. President Donald Trump signed an executive order on Tuesday banning the Alipay payment platform and seven other apps with links to the Chinese, saying the apps can access private information from their users. Separately, U.S. officials are considering banning U.S. citizens from investing in Alibaba Group, an affiliate of Alipay’s parent, and Tencent Holdings, …

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Twitter gives Trump a temp ban after insurrectionists storm Capitol [Updated]

Enlarge / Supporters of US President Donald Trump breach the US Capitol on January 6, 2021, in Washington, DC. Saul Loeb | AFP | Getty Images Update, 7:10pm EST: At 6:30, Twitter began removing several of President Trump’s tweets, including the video statement. Enlarge / A screenshot of Trump’s account with offending tweets removed. “As …

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Regulated Bitcoin ETPs Skyrocket, Coinshares Cites ‘Unprecedented Interest from Institutional Investors’

<div class=”featured_image_container”> </div> <strong>The Sweden-based XBT provider Coinshares saw roughly $202 million in XBT certificates swap hands on the market’s first day of trading in 2021. Meanwhile, on the same day, the bitcoin exchange-traded product BTCE saw $100 million in trade volume.</strong> Coinshares Group is a European firm dedicated to crypto-finance and exchange-traded products. The …

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Facebook declares ‘emergency situation’ and removes Trump video

As rioters stormed the US Capitol on Wednesday, Facebook removed a video from President Donald Trump responding to the violence. The decision came around an hour after the video was posted on the platform. “This is an emergency situation and we are taking appropriate emergency measures, including removing President Trump’s video,” Guy Rosen, Facebook vice …

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SpaceX’s next Falcon Heavy booster arrives in Texas for static fire

By Eric Ralph Posted on January 6, 2021 SpaceX’s fourth Falcon Heavy launch continues to inch closer, most recently celebrating what appears to be the arrival of one of three new Falcon Heavy boosters for static fire testing in Texas. There’s a chance that the booster in question is just a regular Falcon 9 first …

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Pro-Trump reporter gloats over access to fleeing Hill staffer’s computer

Enlarge Elijah Schaffer Members of Congress fleeing a pro-Trump mob left their offices so quickly that at least one staffer left their computer on and logged into their official email, according to a screenshot posted by a conservative reporter. Elijah Schaffer, a reporter for the Glenn Beck publication The Blaze, wrote that he was “inside …

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Market Wrap: Bitcoin Blows Past $36.1K While Traders Clamor for Ether Options

Retail buying through PayPal is likely helping push bitcoin’s price higher while traders are hoping to get into an ether options market with potential volatility similar to March 2020. Bitcoin (BTC) trading around $36,122 as of 21:00 UTC (4 p.m. ET). Gaining 5.7% over the previous 24 hours. Bitcoin’s 24-hour range: $33,875-$36,122 (CoinDesk 20) BTC …

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