Author: bybito
When the “American Customer Satisfaction Index” was released in June, the numbers for the broadband industry were pretty ugly. JD Power’s latest research, released last week, once again puts us squarely in the face of this fact. Using interviews with 23,000 people between November 2021 and August 2022, the study found that U.S. consumers are less satisfied with their ISPs than they were a year ago. In addition, three of JD Power’s four major regions – East, North Central, South and West – have poor customer satisfaction scores for broadband services. The survey scores the service satisfaction of residential ISPs…
Huobi Global will move its headquarters to the Caribbean region and work closely with the Caribbean nation of Dominica to develop crypto infrastructure, tweeted Yuchen Sun, founder of Tron and member of Huobi Global’s Global Advisory Board. In addition, Sun said Huobi will involve encouraging dozens of employees from its Seychelles headquarters to relocate to the Caribbean, and hopes to have 200 employees in the region, according to the Financial Times. It currently employs about 1,600 people. This follows the news on October 12 that Dominica selected TRON as the country’s national blockchain infrastructure and was authorized to issue the…
Compound coin price is observing a strong downside momentum and can soon hit a new low. It is trading with a loss of more than 10% in the intraday session.Technical Indicators for the COMP coin suggests a bearish momentum for upcoming days. In contrast, the COMP/BTC pair is down by more than 2% in the intraday session. COMP crypto price is seeing a strong bearish trend and can soon hit a new low of $300. Compound price has observed a loss of more than 10% in the intraday session and can soon revert to the uptrend . The bullish momentum of…
Tesla CEO Elon Musk said the company will likely start accepting bitcoin for vehicle purchases again. “It looks like bitcoin is shifting a lot more toward renewables and a bunch of the heavy-duty coal plants that were being used…have been shut down, especially in China,” said Musk on Wednesday at The B-Word conference, an event hosted by the Crypto Council for Innovation. “I want to do a little more due diligence to confirm that the percentage of renewable energy usage is most likely at or above 50% and that there is a trend toward increasing that number. If so, Tesla will…
Ripple’s XRP $0.47 token could hit $1 in the coming days, according to a classic technical chart setup. Dubbed a “double bottom,” the trend reversal indicator appears after the price bottoms out at a level, rebounds toward a higher resistance level, and then pulls back to or near the first bottom level — only to rebound again to the previous resistance line (also called the “neckline”). Should the price close above the neckline, an extended move upward is anticipated, the length of which equals the total height between the neckline and the bottom level. It appears that XRP is closer to executing…
Multinational financial services firm, Fidelity Investments, has announced the purchase of a 7.4% stake of major North American mining company, Marathon Digital Holdings. Marathon currently operates 19,000 miners, with a further 100,000 machines slated for deployment over the next 12 months. With $4.9 trillion in assets under management Fidelity is one of the world’s largest financial service companies and has serviced more than 35 million clients worldwide. The deal was finalized for $20 million on July 22, with the shares set to be spread across four index-based funds — Fidelity Extended Market Index Fund (FSMAX), Fidelity Nasdaq Composite Index Fund (FNCFX),…
Cryptocurrencies, especially Bitcoin, Ethereum, and Dogecoin, have taken the world by storm, especially in the last year. It is becoming more mainstream, allowing users to buy goods and services with it, or trade them for profit, just like real currency. Having said that, there have been several ups and downs as well as some critical questions around the future of cryptocurrency One such question is whether these digital tokens can be stolen, hacked, or scammed. Just like fiat currency or cash, these can also be potentially stolen, so naturally you need to take a few basic steps to keep yourself…
Thanks to Elon Musk and his cryptic tweets, cryptocurrency, and Bitcoin specifically are gaining popularity in India. More and more youngsters want in on the action, and have been actively looking into new ways of trading crypto. This Indian auto rickshaw driver is no exception. A picture on Twitter is going viral where a rickshaw shows a sign that reads, “We accept cryptocurrency.” A lot of netizens were surprised to see this since even most formal and organised modes of payment haven’t introduced cryptocurrencies, and yet, here is an auto driver who is ready to accept it! The location of…
The easiest way to get investment exposure to crypto without buying crypto itself is to purchase stock in a company with a financial stake in the future of cryptocurrency or blockchain technology. But investing in individual stocks can bear similar risks as investing in cryptocurrency. Rather than choosing and investing in individual stocks, experts recommend investors put their money in diversified index funds or ETFs instead, with their proven record of long-term growth in value. “Believe it or not, most individuals with a retirement plan or an investment portfolio allocated in an index fund already have some exposure to crypto,” says Daniel Johnson, a CFP…
After a major tech upgrade, the world’s second-largest cryptocurrency Ethereum has gained more than 25 per cent in a week. Crypto analysts say the London Hard Fork update is the reason behind the surge in the cryptocurrency’s value. What is the London Hard Fork update? The update has nothing to do with London. It is formally known as Ethereum Improvement Protocol 1559 (EIP-1559). A hard fork means an unchangeable permanent modification on the blockchain platform. The word ‘London’ was added to the update since the Devcon international developer’s conferences were held in London. Forks are major technical upgrades or changes…