Bitcoin rallied back above $50,000, surpassing the key psychological level as bullish momentum returned after last week’s selloff.
The digital token climbed as much as 11% before paring some gains to trade around $50,900 as of 9:51 a.m. in New York, reaching the highest level in two weeks, according to data compiled by Bloomberg.
The cryptocurrency has been volatile with prices plunging 21% last week before recovering with the earlier broad bounce back in global equities. On a technical basis, the GTI Global Strength Indicator, which detects trend fluctuations, has begun to curl upward, suggesting a bullish move for Bitcoin.
“With the return of the stimulus fueling activities in the U.S. and elsewhere – this is very good for scarce assets such as Bitcoin,” said Antoni Trenchev, managing partner and co-founder of Nexo in London, a crypto lender.
What Is Avalanche (AVAX) Token?
Mar 1 2021 · 18:14 UTC | Updated
Mar 1 2021 · 18:17 UTC by José Oramas · 6 min read Photo: Avalanche
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Some users call Avalanche the “Internet of Finance”. In essence, the platform serves as the meeting point of the traditional market and the decentralized applications.
With a number of new crypto terms, new tokens, new digital platforms appearing, it is hard for newbies to immediately catch the whole idea about the crypto world. And it is even much more challenging to choose currencies worth investing in, for every token has its own virtues and shortcomings. This guide deal with Avalanche (AVAX) token that is now gaining mass adoption.
AIT director to join tip-off of ‘sports diplomacy’ events
By Lin Chia-nan / Staff reporter
American Institute in Taiwan (AIT) Director Brent Christensen is to participate in the ceremonial tip-off at a basketball game in Hsinchu today, as the institute begins a celebration of “sports diplomacy.”
The game between the Hsinchu Lioneers and the Taoyuan Pilots is to take place at the Hsinchu County Stadium, the institute said in a news release yesterday.
The game is being staged by P.League+, the nation’s professional basketball league.
Christensen’s participation is part of a broader series of activities celebrating sports diplomacy, and the ways that it has enhanced ties between people in Taiwan and the US, the institute said.
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New v22.0 update merges Magisk and Magisk Manager app
If you ve ever rooted your Android phone to modify system components, chances are, you ve come across Magisk, which allows for systemless root access. Developer
John Wu has constantly updated it to ensure it works just as well and goes undetected by Google s SafetyNet. The tool is now being updated to version 22.0, which introduces support for the Samsung Galaxy S21 series and kills the Magisk Manager as we know it.
The update s focus is on improving the user experience, which is why separate releases of Magisk (the core components) and the Magisk Manager (the companion app) are being done away with. Both components have now been consolidated into the new Magisk app (previously Magisk Manager), which will also be recognized as a flashable ZIP by TWRP.