Behind Bitcoin’s Surge Above $64,000: Here Are The Key Drivers of the Current...
Bitcoin price has rallied above the $64,000 mark. Glassnode, a market intelligence platform, has analyzed this notable increase, which attributes the current price movement to a significant easing of sell-side pressure, particularly from the German government. Exhaustion of Sell-Side Pressure According to the on-chain data provided by Glassnode, the recent uptick in Bitcoin’s price is largely due to what they describe as the “complete exhaustion” of sell-side forces, particularly those stemming from the recent governmental actions. Over the past weeks, the German....
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As of right now, the Uber taxi service app does not have a feature that allows people to tip their drivers electronically. Uber drivers have been complaining about only being able to receive tips in cash for quite a while. In-car advertising company Vugo now meets their demand with a new feature, called “Tip your driver.” Uber is a taxi service app that connects drivers and passengers. The app uses a smartphone’s GPS functionality to find a driver that is nearby, even if the passenger does not know the address they are at. The service is very quick and hassle-free. Because of this, the....
Former Uber driver and Vugo cofounder James bellefeuille has launched a Vugo bitcoin tipping service for Uber drivers, to enable customers to tip the drivers using bitcoin, instead of cash. Uber, American international transportation Network Company currently valued at US$ 50 billion by the Wall Street Journal and many Venture Capital Firms worldwide, has always had unresolved issues with its drivers - tipping. The billion dollar network has never enabled its drivers to accept tips through its app, which became a significant disadvantage for its drivers. Especially now, that most of Uber's....
Driver-owned ridesharing startup Arcade City, the developer of an open marketplace where riders connect directly with drivers by leveraging blockchain technology has now launched its mobile application for Apple iOS and Google Android devices. Ridesharing startup Arcade City has launched its mobile application that will be available at Apple and Android app stores. The platform was launched in a direct response to rate cuts by Uber and Lyft in January this year. A press release by the company revealed that more than 3,000 drivers had signed up, the majority of whom are current and former....
Regulating a decentralized service is an extremely difficult task that needs to be handled with the utmost care. Whether a country is deciding to regulate Bitcoin or a city such as London is looking at ways to somehow regulate Uber drivers, there is no stopping the decentralizing revolution. Any private-hire taxi drivers – including Uber drivers – in the city of London, are being regulated by Boris Johnson, the city’s major. Not in a very strict way such as banning Uber outright, but rather by ensuring they have a decent level of knowledge of the area they operate in. And the city of....
Hailo founders, with CEO Jay Bregman at centre. Taxi app Hailo is "actively" looking into allowing its customers to pay with bitcoin, according to company CEO Jay Bregman. The company, which lets users hail taxis via its own app, could even allow bitcoin to be sent directly to drivers, he said in an interview with CoinDesk, a move that would set the company apart from other bitcoin-accepting businesses. To-date most merchants have chosen bitcoin payment solutions that convert bitcoin directly to fiat currency. "We have [always] sought to find independent ways to provide benefit to our....