It's been a rough week for Bitcoin. The cryptocurrency dropped below $8,000 on Friday, marking the third biggest drop over a five-year span. Bitcoin developer Jimmy Songs explains why he remains bullish.
"This is something that has happened in the past, and will happen in the future," says Song. "If you're looking out five to ten years this is an excellent investment."
Shares of Bitcoin plummeted after India's Minister of Finance announced plans to ban the digital currency. "Not everyone is fit for it, especially during these down times," said Song.
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Sony's Playstation 5 launch saw retailers sold out within minutes today. Eric Lempel, SVP and global head of marketing with Sony Interactive Entertainment, joined Cheddar to discuss anticipation for the new system and the growing popularity of gaming.
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The popular video-sharing app TikTok, its future in limbo since President Donald Trump tried to shut it down earlier this fall, is asking a federal court to intervene.
Lauren Dillard, EVP, head of global information services at Nasdaq, joined Cheddar to discuss tools rolled out to help retain retail investors.
Apple is rolling out its first Mac computers powered by the same kind of chips that run iPhones and iPads in a move aimed at making it even easier for its most popular products to work together.
Virgin Hyperloop has completed its first human test run yesterday in the Las Vegas desert, moving two people 500m in 15 seconds at 107 mph. Josh Giegel, co-founder and CTO, joined Cheddar to discuss the landmark moment and the technology behind the hyperloop.
John Matze, CEO of Parler, says he welcomes Republicans and Democrats alike to create "discussion, debate, and discourse" on the popular "free speech social network."
Federal regulators are requiring Zoom to strengthen its security in a proposed settlement of allegations that the video conferencing service misled users about its level of security for meetings.
