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Before indulging our brains in the vast world of Bitcoin, let us first understand blockchain technology. For start, ‘the blockchain’ does seem to be complicated and difficult to comprehend, but its core concept stands on basic grounds of understanding. It’s a database type, which stores data in its big piles of information electronically on a computer system. Unlike other typical databases, blockchain is similar to the way the data is structured and stored. It basically collects information in groups which is apparently also known as blocks, which holds information in it. It’s similar to the quanta but without quantum physics. These blocks are connected to each other, as one block gets filled with the data, it further data starts to get storing in another block. As it is connected in a chain, hence the name ‘blockchain’. Based on this technology is one of the popular cryptocurrency Bitcoin.

Currently, Bitcoin as we can say is officially sailing in the uncharted oceans. Before COVID-19 pandemic with a known value of USD 4,000 which later skyrocketed to almost 900 per cent growth and that is a huge rise. This has been witnessed by many observers, which is not just restricted to certain investors and financial advisors but also the vast number of individuals with the internet at their grasp. A 900 per cent rise seems quite impossible to believe in such a little time but it all depends on how a currency is valued. The value of any currency depends on the beliefs of people, if people think and believes that something, anything, is precious and worth exchanging the value of that ‘thing’ increases. Later, other parameters like availability arrive and draws the picture of inflation giving it a numerical value as per the nation’s trading norms. Similarly, Bitcoin has experienced a sudden rise in its worth, as people have started to believe more in its potential and direct transaction methods i.e. without a middle entity. An interesting fact about Bitcoin, there are just 21 million of them.

In 2017, Bitcoin first raised to USD 20,000 and it secured everyone’s interest in its favor. And by the year 2018, it broke the most searched word of the Google search engine. These searches were mostly the resulted due to people’s curiosity and flow of interests in this digital currency. Though, the Bitcoin has taken quite upward stepping making it more valuable. Since, the fall of 2020, the Bitcoin market value is forecasted to be increased more in the coming time. The reports suggested that new Bitcoin wallets are being created every day with a purpose of trading. Nowadays, Bitcoin has heavily being appreciated by various companies for their future transaction, as it seems reliable. Whereas, it is also been treated as a best way of an investment opportunity. Bitcoin have started a digital transformation, slowly but effectively, but none knows to what extent. Though its main purpose of being peer-to-peer electronic cash is getting served, it may also lead to a decentralization of global currency system. Thus, it is banned in many countries.

Ever since, Paypal has featured Ethereal, Bitcoin Cash, Litecoin and Bitcoin making it easier for people to own and buy Bitcoins. Account holders can hold, sell and buy above digital currencies. The company is also planning on using similar platform Venmo. Moreover, ever since the Elon Musk invested a billion in Bitcoin, it has attracted many young investor and next gen tech savvys out there.

As like every other system, Bitcoin also gives a room for a doubt. The risk factor stays as no previous similar system has been used or tried, so there is chance that Bitcoin might turn out to be bubble. But, as there is fear of emergency expenditure utilized by central bank might lead to hyperinflation, the Bitcoin is resulted as the best source to store assets. Yet, as per various reports it can be only used for portfolio diversification, as its correlation with other assets such as cash, bonds, share is quite low.

The world is changing and so should we, but must never neglect the voids that any new technology or ideology possess, as it might or can turned out to be threat. Currently, the Bitcoin’s age is blooming, let us see whether the future holds the same grounds for the digital currency or not.

Germany based TeamViewer a remote connectivity software organization is reported to have acquired a United States based company—Upskill, which hold specialization in augmented reality applications for front-line workers.

This deal makes the third acquisition for Chief Executive Officer, Oliver Steil ever since TeamViewer which is currently headquartered in Goeppingen which was backed by private equity Permira, though the terms for the transaction were never disclosed.

Various reports suggested that in an interview Steil state that the acquisition will help TeamViewer to strengthen its position in the United States which is largest markets as per billings. Although he still held stronghold in the markets in depth deals which would help in expansion the range of products.

“We are interested in complementary teams with complementary capabilities,” Steil expressed. The company, TeamViewer has raised almost USD 360 million i.e. 300 million euro loan, which has strong cash flow that can utilized for the better work, he continued. Moreover, he flagged his gained interest in expansion of the augmented reality, IoT and smart devices when TeamViewer filed its annual reports in the February, 2021, and addressed the possibility of their business growth to its third in the year 2021.

This acquisition of Upskill and TeamViewer, will help TeamViewer with the ability to support personnel using mobile devices and smart glasses for better factory equipment, along with the client’s list which includes Boeing and Merck KGaA. Upskill was founded in the 2010, which is privately held company and has raised around USD 53 million through fund backings, as per various reports.

TeamViewer was launched in the year 2005, on an ideology on focusing on the cloud-based technologies in order to enable remote support online and collaborating across the globe. The company understands that in order to thrive in the upcoming years, business might need remote desktop support remote access, and online platform to connect with the world. The company believes that the application should be a catalyst to promote and enhance individual’s ideas to overcome the challenges. Currently, many people are collectively using TeamViewer technology which has resulted to be in billions all around the world and in future will do so.

“Our existing customers will benefit from an accelerated product development roadmap, global reach, and additional solutions and features within the TeamViewer portfolio,” stated Brain Ballard the CEO of Brian Ballard.

Various reports have suggested that the Coinbase Global Inc., the cryptocurrency trading platform the awaited public offerings post filing paperwork with the Securities and Exchange Commission in the month of February.

Coinbase, in order to go public is aiming to employee nontraditional direct listing, and one such listing would be Nasdaq Inc. in exchange under the symbol “COIN”. This type of direct listing clearly indicates that, Coinbase will not be raising any new monetary assets which was unlikely carried out by Palantir Technologies, Spotify Technologies, Slack Technologies in these passed years. Below are the details one might seek of Coinbase in its public offerings:

The company was co-founded in the year 2012 by Brain Armstrong, who also plays the role of Chief Executive Officer, with Fred Ehrsam, the director of Coinbase. As per various reports, Armstrong’s networth is currently $6.5 billion which is directly based on his owning in the Coinbase, and if the above mentioned direct listing goes off successfully then the net worth will tend to increase. The company is starting with the rapidly growing and which is currently number one in the market i.e. bitcoin. Whereas, bitcoin has acquired attention of many as it has broken its own records many times and touched its peak above USD 58,000 which has resulted in driving the gains through exchanges. It has hit the market value of USD 1 trillion in the recent time, which almost 70 per cent of the total crypto market whilst there are many other popular cyrptocurrencies out there trading on Coinbase, not excluding ether based on Etherum’s blockchain, Litecoin and Bitcoin Cash created by the individuals known as Satoshi Nakamoto. The reports also states that Andreessen Horowitz, a venture-capital firm which happens to the largest owner of Coinbase elevating for around quarter percent of Class A shares and 14 per cent of Class B, in an addition to Marc Andreessen , the head is on the Coinbase’s board.

Reports also suggests that Coinbase might have risk as like any other company, its biggest risk factor is that it is holding its stakes on unproven assets which is a decade old. Basically the company is attempting to make such cryptocurrencies like Bitcoin and Ethereum and other various alternative crypto coins out there in the market which are already written or are in the process. “There is no assurance that any supported crypto asset will maintain its value or that there will be meaningful levels of trading activities. In the event that the price of crypto assets or the demand for trading crypto assets decline, our business, operating results, and financial condition would be adversely affected. A majority of our net revenue is from transactions in Bitcoin and ethereum. If demand for these crypto assets declines and is not replaced by new demand for crypto assets, our business, operating results, and financial condition could be adversely affected,” writes Coinbase in its S-1 filing.

It has also facing the many backlashes by various nation’s governments which might affect the exchange platform, Coinbase. Another risk for the company would be, as Satoshi Nakamoto has never been identified whether it’s an individual entity or group of people, which might bring heckles in the company’s pathway. The reports also states that Nakamoto has mined up to 1.1 million bitcoin, which is estimated to be valued for USD 46 billion at today’s values; which are left untouched. Currently, one can say that Coinbase the crypto exchange platform ranks 3 among all the largest digital asset exchanges across the globe. Risk-Management by kuv24-manager.de

As per BitInforCharts, there has been a steep rise of bitcoin which has resulted in creating millionaires at fairly rapid clip. Last reports states that bitcoin was trading up by over 6.5% at approximately USD 4,914,123. Even though the asset has fall for about 12% by the week after a high record around USD 58,332.36 in between the weekend, the bitcoin ‘the digital currency’ has ascending the wallets of crypto millionaires.

As per various reports, there are almost 93,862 accounts bitcoin holders which are worth of at least $1 million whereas, around 8,214 which are valued at and more than USD 10 million. In total, these numbers add up to 102,076 bitcoin accounts. Moreover, 422,104 accounts can elevate accounts valued at more than USD 100,000 as per reports. None can redirect the traces back to the crypto asset created in the 2009 are headed, similar to the earlier that occurred in the late 2017 when bitcoin surged to near USD 20,000 which slipped to around USD 3,000 which will take, but bitcoins growth has widely accepted even to the greater institutional ownership.

Moreover, the price of Bitcoin has surpassed USD 50,000 in February, 2021 after Elon Musk the Founder of Tesla announced a USD 1.5 billion bitcoin investment. This high-statured bitcoin was unable find support from the campaign, which has resulted in steep fall below the USD 50,000 mark. Yet, bitcoin’s price has gone up for 70 per cent in the year 2021. As per compared, bitcoin traditional rival assets Gold has fell with negative 5 per cent.

At end of the month of 2021, the bitcoin hit a market capital above USD 1 trillion, this was an exceptional moment with many players dipping their toes into cryptocurrencies, not excluding PayPal Holdings Inc. PYPL, which started up its cryptocurrency platform to United States customers. Moreover, various high-profile Wall Street investors, not excluding the Stanley Druckenmiller have embraced bitcoin.

As per various reports, cryptos requires a steely constitution. In one year, bitcoin has gone through various corrections, which has been decline form the peak of at least 10 per cent but not more than 20 percent, and two bear markets, which mostly defined as falling by 20 per cent as per various reports. Currently, bitcoin and other cryptocurrencies are taken as highly speculative and the assets which can be written as out of picture by stern global regulation. Though the current movement is driving in the favour of bitcoin enthusiasts, but the blockchain technology is reliable and there is quite a high chance of introduction of new cyrptocurrencies in the market.