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14 November 2019 10:56

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XVG Predictions, News and Chart

After a successful experiment with leather, HP is taking its natural material vibe to the next level with the new Envy Wood series. HP is decking out the Envy 13, Envy 17, Envy x360 13, and Envy x360 15 in the new timber-ish livery, which is available in "Nightfall Black with Natural Walnut," "Ceramic White with White Birch," and "Natural Silver with Pale Birch." Here's the Envy 17 in Natural Silver with Pale Birch (and rocking a disc drive — represent): The Envy Wood series is set to be available this autumn, just in time for the fall leaves. New Delhi: ByteDance, the Beijing-based parent company of TikTok, is planning to venture into the hardware world with its own smartphone. Rumour mills began speculating after Financial Times reported ByteDance's smartphone plans citing two undisclosed sources who are familiar with the matter. Even though a company spokesperson declined to comment on the matter, the development is hardly a surprise as smartphone pre-installs have long been a popular way for Chinese Internet companies to ramp up user sizes, TechCrunch reported on Monday.

The company also confirmed a deal with phone-maker Smartisan early in 2019, saying it had acquired a patent portfolio and hired some Smartisan employees. However, the Financial Times report does not offer details about the phone's design or intended market. Although it suggests that ByteDance could be hampered by the US government's hostility towards Chinese telecommunication companies, The Verge reported. The company has also faced problems in India where its short video maker TikTok app has exploded in popularity but the government briefly banned it for promoting "cultural degradation". The Financial Times notes that Facebook and Amazon have also launched phones pre-loaded with special apps but both companies later discontinued their fairly unpopular products, The Verge added.

ByteDance declined to comment on the development when IANS reached out to the company. With this, Bitcoin's weekly chart, a great gauge of medium to long-term price action, saw four weekly candles in a row that closed above the 50-week moving average. While this doesn't sound significant, analyst Nunya Bizniz notes that this series of events has never failed to initiate a bull run in Bitcoin's ten years as a liquid asset. As seen in the Twitter post below, when BTC last saw four weekly closes above the 50-week MA, what followed was a move from the hundreds to $20,000. And, when Bitcoin only saw three weekly closes above the aforementioned level, a drawdown was seen.

So, this recent noticing seemingly confirms that the cryptocurrency market is on the verge of its next rally, which many expect to kick fully off after 2020's halving. BTC: Yesterday's close marks 4 consecutive weekly closes above the 50 week moving average. Four weekly closes above the 50 week MA has never failed to initiate a bull run. Fundamentals also suggest that BTC is decidedly in a bull market. As Ethereum World News reported previously, Thomas Lee of Fundstrat Global Advisors, the Bitcoin boosters of Bitcoin boosters, laid out thirteen reasons why he believes that the fabled "crypto winter" is over.

The Bitcoin Cash hash war of late-2018 came to a close earlier this year/late-December, which many believe is what catalyzed the drop from $6,000 to $3,150. Grayscale's Bitcoin Trust saw its premium over BTC spot fall to 5%, implying that "capitulation" in this market has occurred. As Lee explains, since 2011, a Misery reading of over 67 came only during bull markets. The Fundstrat executive did may it clear though that even if a drop is inbound, Bitcoin has more likely than not seen its one-year bear trend end at $3,000. Adamant Capital revealed that think the market had bottomed, releases a bullish report after effectively calling the last rally.

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Bitcoin Unrealized Profit/Loss (BUPL) indicator then revealed that the cryptocurrency market was entering a phase of "hope". Huawei Technologies may be fighting allegations around the world that it's stolen technological know-how from other companies, but in a Texas court case the Chinese networking gear maker says it's been the victim of such theft. Huawei claims a former engineer who was developing chips to better store and retrieve data poached workers and stole proprietary information to start a new, competing firm. The former employee, Yiren "Ronnie" Huang, contends it was Huawei that stole from him and is now trying to damage his company, CNEX Labs. A trial on the dispute, scheduled to begin June 3 in a courtroom about an hour north of Dallas, could shed light on some of the internal workings at China's largest tech company. The lawsuit is the rare instance in which Huawei claims its technology has been stolen by a would-be rival. Huawei is the target of criminal trade secret theft charges by the US government, and of a global effort by the Trump administration to block the company's gear from telecommunications networks. This case, however, is more the type of dispute that's increasingly common in the technology industry, in which a company hires a highly skilled worker only to see the person depart and start a competing business. Perlson represented Alphabet's Waymo self-driving car unit in a suit that claimed a former top engineer took the company's "crown jewels" when he went to work at Uber Technologies, a case that ultimately settled. The Trump administration has blacklisted the gear maker--which it accuses of aiding Beijing in espionage--threatening to cut off the American software and semiconductors it needs to make smartphones and networking gear. In the wake of the ban, phone companies are scrapping plans to sell Huawei handsets, threatening to impede the Chinese technology giant's global smartphone ambitions. The court fight in Texas between Huawei and CNEX centres on solid state drives, which are made up of chips called Nand flash memory that store information on semiconductors. Huang, who had worked in the field for decades including at Cisco, was hired at Huawei's FutureWei unit in Santa Clara, California, in January 2011. His job was to oversee a group researching various storage technologies that could be integrated into Huawei's networking products. Huang says the position was a ruse by Huawei to steal his inventions as part of an "ongoing effort for Chinese technological dominance." He stayed with the firm for more than two years, and formed CNEX with two former Marvell Technology Group executives less than a week after he left FutureWei. "Huawei is attempting to use the US federal court system in Texas to steal intellectual property created and developed by American semiconductor innovators," said CNEX General Counsel Matthew Gloss. The trial "will shed light on the systematic and wide-ranging methods Huawei has used to steal emerging and foundational data centre technology expected to support tomorrow's 5G networks." Several other FutureWei employees later jumped to CNEX, including one that Huawei says "was caught downloading thousands of documents." Huang filed one of his patent applications less than a month later. "Huang used information he obtained through his employment at FutureWei along with FutureWei's resources and technology in drafting these patent applications," Huawei said in its complaint. District Court Judge Amos Mazzant ruled April 2 that CNEX doesn't have to turn over ownership of Huang's patents and applications. Verge, a cryptocurrency which claims itself to be privacy focussed, secure, anonymous and usable for everyday purposes is emerging as an active player in the crypto space since a year. Verge (XVG) was quite in the news since April last year, when it collaborated with a popular adult entertainment streaming website Pornhub. At 04:56:57 UTC, Verge price was standing at $0.011, while the Market Capitalization was $179,010,567. After 14th May, the MACD line indicates frequent changes in price trend. For a short span of time, we can predict that the price might take a slight fall before further take off. However, for the long term investors, it is better to wait for a more significant surge in the price.