Tag Archives: market trends

Bitcoin Isn’t the World’s Most-Used Cryptocurrency

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While concrete figures on trading volumes are hard to come by in this often murky corner of finance, data from CoinMarketCap.com show that the token with the highest daily and monthly trading volume is Tether, whose market capitalization is more than 30 times smaller. Tether’s volume surpassed that of Bitcoin’s for the first time in April and has consistently exceeded it since early August at about $21 billion per day, the data provider says.

Source: Bitcoin Isn’t the World’s Most-Used Cryptocurrency – Bloomberg

Linux Foundation exec believes edge computing will be more important than cloud computing

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When Joshipura is talking about edge computing, he means compute and storage resources that are five to 20 milliseconds away. He also means edge computing should be an open, interoperable framework. This framework should be independent of hardware, silicon, cloud, or operating system. Open-edge computing should also work with any edge-computing use case: Internet of Things (IoT) edge, a telecom edge, cloud edge, or enterprise edge, whatever, “Our goal here is to unify all of these.”

Source: Linux Foundation exec believes edge computing will be more important than cloud computing | ZDNet

To make this happen, Joshipura announced two more projects were being incorporated into LF Edge: Baetyl and Fledge.

AT&T just declared the end of the satellite-TV era in the US

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DirecTV will continue offering satellite-TV service—it had nearly 20 million satellite video subscribers as of September, per company filings. But the company will focus on growing its online video business instead, Donovan said. It has a new set-top box, where people can get the same TV service they’d get with satellite, through an internet-connected box they can install themselves. It expects that box to become a greater share of its new premium-TV service installations in the first half of 2019. It also sells cheaper, TV packages with fewer channels through its DirecTV Now and WatchTV streaming services, which work with many smart TVs and streaming media players like Roku and Amazon Fire TV devices.

Source: AT&T just declared the end of the satellite-TV era in the US — Quartz

For Now, at Least, the World Isn’t Making Enough Batteries

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There’s booming demand for one of the product categories Tesla makes that gets far less focus than its cars. Residential-energy storage has been surging in the U.S., with more capacity installed in the second quarter than in all of last year. Tesla sells its Powerwall to homeowners.

Source: For Now, at Least, the World Isn’t Making Enough Batteries – Bloomberg

Chinese Researchers Are Outperforming Americans in Science

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For decades, China’s growth was driven by shifting workers from agriculture to manufacturing. As the country started to approach the so-called Lewis turning point, when such shifts no longer raise overall productivity, the government made an increasingly concerted effort to build the scientific base to provide another vector for growth. The results of those efforts are showing up in both the rankings of Chinese universities (11 of the top 100 globally) and in scholarly output.

Source: Chinese Researchers Are Outperforming Americans in Science – Bloomberg

Best Buy Should Be Dead, But It’s Thriving in the Age of Amazon

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After knocking gently on the front door, they would step back and stand to the right, smiling, head down slightly, arms uncrossed, name tag visible on their blue, wrinkle-free Best Buy polo shirts. They would shake hands firmly, avoiding the dead fish or the lobster claw.

Once inside, they would offer to remove their shoes. They wouldn’t lean on the walls or place their Best Buy tablets on the furniture. If they noticed a cat, they would know better than to say they own a dog, and they definitely wouldn’t

Source: Businessweek – Bloomberg

Global PC shipments grew 1.4% in Q2 2018, first increase in 6 years

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Gartner estimates that worldwide PC shipments grew 1.4 percent to 62.1 million units in Q2 2018. The top five vendors were Lenovo, HP, Dell, Apple, and Acer. Lenovo in particular saw big gains (its highest growth rate since the first quarter of 2015), although that’s largely due in part to the inclusion of units from its joint venture with Fujitsu.

Source: Gartner: Global PC shipments grew 1.4% in Q2 2018, first increase in 6 years | VentureBeat

How Bitcoin Ends

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We thought the net would break the monopoly of top-down, corporate media. But as business interests took over it has become primarily a delivery system for streaming television to consumers, and consumer data to advertisers.

Source: How Bitcoin Ends

This explains why bitcoin has become less a means of exchange than a speculative pyramid, as well as why the coin’s developers and early investors have ended up billionaires. The wealth disparity in bitcoin is worse than that of central currency, with 4% of users owning 96% of bitcoin. So much for breaking the banking monopoly; this is just hackers seizing the banking industry for themselves.

Facebook lost around 2.8 million U.S. users under 25 last year. 2018 won’t be much better.

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The reality: The number of U.S. Facebook users in the 12- to 17-year-old demographic declined by 9.9 percent in 2017, eMarketer found, or about 1.4 million total users. That’s almost three times the decline expected. There were roughly 12.1 million U.S. Facebook users in the 12- to 17-year-old demographic by the end of the year.

Source: Facebook lost around 2.8 million U.S. users under 25 last year. 2018 won’t be much better. – Recode

Researchers find that one person likely drove Bitcoin from $150 to $1,000

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The bottom line is simple: if Bitcoin wants to be taken seriously it probably shouldn’t be this easy or legal to manipulate the markets. While decentralization is supposed to replace regulation it’s clear that there is still a way to go before it can be truly taken seriously.

Source: Researchers find that one person likely drove Bitcoin from $150 to $1,000 | TechCrunch