Crypto Currency

10 things in tech you need to know today

Summary List PlacementGood morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here. Let’s get started. 1. Hackers scraped data from 500 million LinkedIn users and posted it for sale online. In the wake of Facebook’s major data leak, LinkedIn is investigating a leak that affected two-thirds of…

Summary List PlacementGood morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.
Let’s get started.
1. Hackers scraped data from 500 million LinkedIn users and posted it for sale online. In the wake of Facebook’s major data leak, LinkedIn is investigating a leak that affected two-thirds of its users. Here’s what kind of data was scraped.
2. Amazon union workers in Bessemer, Alabama, are on track to reject plans to unionize. The National Labor Relations Board paused its public counting of Amazon employees’ ballots shortly after 7 p.m. Eastern Time on Thursday with the anti-union votes leading 1,100 to 463.
3. Leaked Amazon documents detail a controversial employee-review system that ranks employees in tiers. Insiders say the opaque tier system requires that a certain percentage of employees rank at the bottom — even if they’re performing well. We took a deep dive into the contentious review system. 
4. Amazon Prime Day will reportedly be held in June instead of July this year. Bumping up the shopping event could be to give the company a second-quarter boost, Recode reports. More on that here.
5. Billionaire Peter Thiel said bitcoin could be a “Chinese financial weapon.” During a virtual seminar held by the Richard Nixon Foundation this week, the tech investor also warned the cryptocurrency threatens the US dollar. Here’s what else he said.
6. Boston Dynamics’ Spot robot was thrown into an army field test — but it ran out of battery mid-combat. The French military is testing Spot, the famous robot dog, in combat scenarios. See photos of Spot in combat.
7. Facebook is testing an app that’s similar to Clubhouse, but with video. The app, called Hotline, has a Q&A feature. Here’s what the app would — and wouldn’t — do.
8. Apple has reportedly delayed iPad and MacBook production due to the global chip shortage. Nikkei reported that Apple pushed back some component orders to the second half of this year — but iPhone production has not been affected. Here’s what else you should know.
9. The founders of Clubhouse had a revealing conversation on their unstoppable rise. In a recent interview, Paul Davison and Rohan Seth discussed how they built the ever-popular audio-only app. Read the nine key takeaways from the interview.
10. Fintech darlings Robinhood and SoFi want to democratize IPOs. The companies are looking to encroach on what’s typically been wealthier investors’ territory — opening up the IPO market to much smaller investors. Here’s how they’re trying to beat Wall Street at its own game.

Correction: Yesterday we misstated the cost of Best Buy’s new membership program, Best Buy Beta. It will cost $199.99 per year. More details on the program here.

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Compiled by Jordan Erb. Tips/comments? Email jerb@insider.com or tweet @JordanParkerErb.
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Crypto Currency

Buy a Home With Bitcoin: Coinbase, Fannie Mae Bring Crypto Mortgages to Mainstream Buyers

Bitcoin Magazine Buy a Home With Bitcoin: Coinbase, Fannie Mae Bring Crypto Mortgages to Mainstream Buyers Coinbase is partnering with Better Home & Finance to roll out bitcoin-backed mortgages backed by Fannie Mae. This post Buy a Home With Bitcoin: Coinbase, Fannie Mae Bring Crypto Mortgages to Mainstream Buyers first appeared on Bitcoin Magazine and

Bitcoin Magazine

Buy a Home With Bitcoin: Coinbase, Fannie Mae Bring Crypto Mortgages to Mainstream Buyers
Coinbase is partnering with Better Home & Finance to roll out bitcoin-backed mortgages backed by Fannie Mae.
This post Buy a Home With Bitcoin: Coinbase, Fannie Mae Bring Crypto Mortgages to Mainstream Buyers first appeared on Bitcoin Magazine and is written by Micah Zimmerman…
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Crypto Currency

Bitcoin price drops below $70,000 after Iran truce buzz, Network Activity weakens

Bitcoin price falls below $70,000 as network activity weakens. Declining transactions and addresses signal lower demand. Key support is at $69,400, while resistance stands near $71,600. Bitcoin price today hit a daily low of $69,914.54 after soaring above $71,000 at the start of the week, following news of a truce proposal to Iran by US


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  • Bitcoin price falls below $70,000 as network activity weakens.
  • Declining transactions and addresses signal lower demand.
  • Key support is at $69,400, while resistance stands near $71,600.

Bitcoin price today hit a daily low of $69,914.54 after soaring above $71,000 at the start of the week, following news of a truce proposal to Iran by US President Donald Trump.

The sudden pullback has pushed Bitcoin back below the $70,000 level, a psychological zone that traders often watch closely for signs of strength or weakness.

This decline did not happen in isolation, as the underlying data suggests that the broader network is also losing momentum.

Bitcoin Network Activity signals weakening demand

Recent on-chain data shows that Bitcoin’s Network Activity Index continues to trend downward, pointing to a steady cooling in user participation.

This index tracks a combination of key metrics that together reveal how actively the network is being used daily.

Among these metrics are active addresses, which measure how many unique participants are sending or receiving Bitcoin.

A decline in active addresses often signals reduced interest or engagement from both retail users and larger players.

Transaction counts have also softened, indicating that fewer transfers are taking place across the network.

This drop in transaction activity suggests that demand for block space is easing, which usually aligns with quieter market conditions.

Another important indicator, the UTXO count, reflects how coins are being distributed and reused, and its slowdown points to less frequent movement of funds.

Block data, including the number of bytes per block, further confirms that network usage is not as intense as it was during more active periods.

Taken together, these signals paint a clear picture of declining demand rather than temporary disruption.

The BTC price struggles mirror on-chain weakness

The recent dip below $70,000 appears to be more than just a reaction to short-term news or macro headlines.

Instead, it reflects a broader lack of strong buying pressure needed to sustain higher price levels.

Even though Bitcoin managed to climb earlier in the week, the rally lacked the support of rising network activity.

This disconnect between price and usage often leads to corrections, as the market struggles to justify higher valuations.

Short-term performance data also shows mild losses across multiple timeframes, reinforcing the idea that momentum is fading.

While the market has not entered a sharp sell-off, the gradual decline suggests a slow shift in sentiment.

Investors seem to be taking a more cautious approach, with fewer participants actively entering the market.

At the sam

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Crypto Currency

Analyst Says Bitcoin Eyes $80K as Key Level Faces Breakout Pressure

Bitcoin tested $71,500 four times in seven days as an inverse head and shoulders pattern builds, with analysts split on whether the compression leads to a breakout or another failed rally. The post Analyst Says Bitcoin Eyes $80K as Key Level Faces Breakout Pressure appeared first on Crypto News Australia…

Bitcoin tested $71,500 four times in seven days as an inverse head and shoulders pattern builds, with analysts split on whether the compression leads to a breakout or another failed rally.
The post Analyst Says Bitcoin Eyes $80K as Key Level Faces Breakout Pressure appeared first on Crypto News Australia…
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Crypto Currency

Dogecoin Price Prediction Fades as Bithumb Faces $43B Glitch While Pepeto Takes the Lead Over DOGE and Hyperliquid

The post Dogecoin Price Prediction Fades as Bithumb Faces $43B Glitch While Pepeto Takes the Lead Over DOGE and Hyperliquid appeared first on Coinpedia Fintech News Bithumb, South Korea’s second largest exchange, is pushing to reappoint its CEO despite a system error that credited users with $43 billion in phantom Bitcoin and serious anti money

The post Dogecoin Price Prediction Fades as Bithumb Faces $43B Glitch While Pepeto Takes the Lead Over DOGE and Hyperliquid appeared first on Coinpedia Fintech News
Bithumb, South Korea’s second largest exchange, is pushing to reappoint its CEO despite a system error that credited users with $43 billion in phantom Bitcoin and serious anti money laundering penalties earlier this year…
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