A common saying in the investing world is “The trend is your friend,” a phrase that points to the idea that the majority of the time, sticking with the prevailing market trend will produce positive results. Some of the common metrics used to identify market trends include: technical analysis, which involves studying price charts to spot opportunities; fundamental analysis, which involves looking at a project’s underlying economic and technological factors; and social media metrics, which help an investor listen to the pulse of what the wider public is focused on. One of the more popular metrics that crypto traders use …

Market analysts are arguing that Tesla’s exposure to Bitcoin (BTC) may be the reason for its sharp decorrelation from Big Tech in recent weeks. As of Wednesday, July 14, the 20-day correlation between the company’s price and the Nasdaq 100 index has dropped from 0.83 on June 17 down to 0.14. Whereas Tesla has shed almost 4% this month, the Nasdaq 100 is up by over 2%. A weakened correlation between Tesla shares and the NYSE FANG+ index is also observable, as BNN Bloomberg reported. Amy Wu Silverman, a derivatives strategist at RBC Capital Markets, told reporters: “Tesla is highly …

Crypto-powered web browser Brave has branched out into the world of search with a new privacy-protecting beta search engine. The platform aims to take on the likes of Google, which harvests personal data and browsing habits while serving up targeted ads and tailored search results. But it faces an uphill battle against the tech giant which accounts for more than 90% of the market. In an announcement on June 22, Brave stated that it had launched Brave Search beta built into its browser, offering users “the first independent privacy search/browser alternative to big tech.” Users wanting to test drive Brave’s …

A startup says it offers two-factor authentication on blockchain for the very first time. Shield Protocol is taking on the likes of Authy and Google Authenticator — and offers security while eliminating data collection and centralized storage. A simple interface also means it’s a tool that will be accessible for everyday users. The project is based on Binance Smart Chain and is currently in the process of integrating with Polygon. It also offers a dedicated wallet where multiple cryptocurrency assets can be stored securely. Across the crypto community (and in the fiat world,) security experts have been hammering home the …

The term “unpredictable” has almost become synonymous with the crypto industry at this point, as was on full display recently when technology juggernaut Google decided to un-ban digital asset exchanges from using its advertisement services after a lengthy period of almost three years. In this regard, a policy update blog released by the firm stated that come Aug. 3, it will once again allow crypto exchange and wallet operators to advertise “those products and services that are certified by Google.” In terms of the requirements that exchanges looking to advertise on the platform need to satisfy, Google requires applicants either …

The time has come to fight against the dominance of the internet giants. In Europe, various regulations have been announced that aim to force these giants to respect more healthy rules of the game and to be more protective of users' rights and of competition. Some even brandish the threat of dismantling some of the tech giants, a weapon of mass destruction rarely used in history. Is an alternative path of a truly decentralized internet possible? Hyperpower A handful of companies hold a virtual monopoly within the internet in critical areas of services (search engines, email, etc.), infrastructures (global transit, …

A recent court ruling said that video hosting giant YouTube is not responsible for cryptocurrency-related scams posted on its platform. Apple co-founder Steve Wozniak failed to support his lawsuit against YouTube over an advert using his image to promote a fake Bitcoin (BTC) giveaway, Bloomberg reports. Santa Clara County Superior Court Judge Sunil Kulkarnia said in a tentative ruling Wednesday that YouTube and its parent firm Google are protected by Section 230 of the Communications Decency Act — a federal law shielding internet platforms from responsibility for content posted by users. Wozniak sued YouTube in July last year over a …

In a surprise move on Wednesday, online advertising behemoth Google lifted a nearly three-year-old policy banning cryptocurrency exchanges from using its ad services. “Beginning August 3, advertisers offering Cryptocurrency Exchanges and Wallets targeting the United States may advertise those products and services when they meet the following requirements and are certified by Google,” reads a policy update on the company’s support page. Requirements exchanges have to pass include needing to be either registered with “FinCEN as a Money Services Business and with at least one state as a money transmitter” or “a federal or state chartered bank entity,” potentially opening …

Programmatic advertising is big business — bringing in billions of dollars in revenue every year. Now, a decentralized marketplace is connecting publishers and brands over the blockchain, enabling them to make direct deals. Adshares says that its platform offers crucial advantages over mainstream rivals such as Google Ads, and crypto-focused alternatives including Coinzilla and Cointraffic. As well as delivering lower fees, its servers are decentralized — and innovative systems help to minimize the possibility of ad blocking, something that starves websites of revenue. A simple onboarding process makes it easy for all parties to start using its service, and the …

Digital currency exchange Coinbase has announced a new browser extension for its native wallet, enabling users to more easily connect to decentralized applications and decentralized finance directly on their desktop. The Coinbase Wallet browser extension is now available on Google Chrome, the company announced Monday. Coinbase Wallet lead Sid Coelho-Prabhu said that more than 1 million Coinbase Wallet customers regularly connect to applications like Uniswap and Compound. The new Chrome extension will streamline this process, removing the need to scan a QR code on their mobile devices each time they want to connect. Coelho-Prabhu explained: “Starting today, we’re making it …

Since the summer of 2020, decentralized exchanges (DEX) have been all the rage and in 2021 developers and investors continue to flock to the sector due to the ease of listing and buying into new projects. While the method has proved fruitful for many projects, the price performance for iExec RLC (RLC), a blockchain-based decentralized cloud computing network that recently listed on several centralized exchanges, shows that CEX listings still carry the most weight when it comes to initiating price movements. Data from Cointelegraph Markets Pro and TradingView shows that the price of RLC has surged 430% to $16.50 since …

Global public interest in Dogecoin (DOGE), as measured by internet search statistics, has exceeded that of Bitcoin (BTC) for the first time. According to data from Google Trends, values assigned to each cryptocurrency for May 2–8 stand at 56/100 points for DOGE versus 48/100 for BTC. Per the chart below shows, search interest in DOGE over the past 12 months has often closely correlated with peaks and troughs in public interest in Bitcoin, although the interest in the two coins has previously diverged. This week, however, shows not only a strong non-correlation but a higher level of interest in DOGE …