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Bitcoin Drops Again and Drops Below $40K

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THE Bitcoin price fell again this Monday (10), making the cryptocurrency worth less than US$ 40 thousand at times, its lowest value since September 2021. The price recorded is now also lower than last Friday (7), when the most recent negative record was broken.

According to data from Coin Metrics, the main digital currency today had a 6% devaluation at the opening of the market, reaching a price of US$ 39,771. The value, equivalent to R$ 225.9 thousand at the daily exchange rate, is the lowest in the last three months.

Since then, the Bitcoin recovered part of the losses in the morning, rising to US$ 41,680 (R$ 236.8 thousand) in the early afternoon. A similar move took place with the Ethereum, which started Monday at 4% less, dropping to US$2,940 (R$16,700), but is now trading at US$3,063 (R$17,400).

The big swing in the price of Bitcoin has investors worried.The big swing in the price of Bitcoin has investors worried.Source: pexels

One of the reasons given for the drop in cryptocurrencies in recent days is the possibility of an interest rate increase announced by the Federal Reserve last week. The Central Bank of the United States intends to adopt a new policy in relation to the digital money, which may affect the market.

40% drop from all-time high

In November last year, Bitcoin reached its highest value to date, surpassing US$ 68,000 (R$ 386,000 at today’s price). But after the historic record, the digital currency has been accumulating constant price drops, leading to a loss of over 40%.

Despite this, the devaluation of some cryptocurrencies in recent weeks has not affected the world of decentralized finance (DeFi), at least for now. According to the website The Block, the trading volumes of non-fungible tokens (NFTs) are still on the rise at the beginning of the year.

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Wearables

Apple Declares 2013 and 2014 iMacs Obsolete and Watch Series 2 Smartwatches ‘Vintage’

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Apple Declares 2013 and 2014 iMacs Obsolete and Watch Series

Apple has added three models of iMacs to its list of obsolete products: a 21.5-inch screen from 2013, a 21.5-inch screen from 2014, and a 27-inch Retina 5K screen also from 2014.

Apple Declares 2013 and 2014 iMacs Obsolete and Watch Series 2 Smartwatches 'Vintage'

Apple typically deprecates products seven years after they were released, so it’s no surprise that the 2013 and 2014 iMacs are on the list.

As for smart watches Apple Watch Series 2, they are recognized as “vintage”. This category usually includes devices that have been released for five years. There may be problems with the official repair of the aforementioned iMacs.

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There are almost 1 billion 5G users. Ericsson report shows that operators often ask for more money for such tariffs.

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There are almost 1 billion 5G users Ericsson report shows

According to a report by Ericsson cited by The Verge, by the end of this year, the number of 5G subscribers in the world will reach 1 billion.

Of course, this is far from the performance of 4G networks, which are now used by about 5 billion people, but still this is a fairly significant part of the market.

There are almost 1 billion 5G users. Ericsson report shows that operators often ask for more money for such tariffs.

Of course, 5G adoption is far from uneven. In North America, about 35% of subscribers will use 5G networks by the end of this year.

At the same time, the report indicates that operators often ask for more money for the higher speeds offered by new networks. Dividing into corresponding tariffs is popular among operators in Western Europe, but overall, 25% of operators worldwide charge extra for 5G. And the average markup is 40%.

Ericsson believes that, unfortunately, this trend will continue for several more years, as operators need to compensate for the costs of developing a new network.

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Is Apple Helping the Chinese Government Fight Protests? The company cut the AirDrop function in the Middle Kingdom

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Is Apple Helping the Chinese Government Fight Protests The company

The history of protests in China is overgrown with new interesting details related to IT companies.

Is Apple Helping the Chinese Government Fight Protests?  The company cut the AirDrop function in the Middle Kingdom

Just weeks before the protests began, Apple reportedly made a major change to how AirDrop works, and only in China. After updating to iOS 16.1.1, AirDrop in the mode of receiving messages from everyone became possible only for 10 minutes, after which AirDrop simply turns off. In normal mode, AirDrop has no time limit, as there is none now and all over the world outside of China.

The fact is that AirDrop is one of the ways protesters communicate, and not only in China. AirDrop works locally in smartphone-to-smartphone mode, without relying on external networks, so it cannot simply be blocked or read data. But in this case, for some reason, Apple decided to seriously change the function, although it did not turn it off completely.

The CNBC resource also notes that the corresponding update was released a month after Chinese President Xi Jinping was re-elected for a third term.

Recall that Huawei smartphones have been noticed that they automatically delete videos that depict events related to protests in China.

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