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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin bull cycle temporarily on hold as altcoins bleed – FXStreet

The cryptocurrency market has opened the week's trading in substantial losses. The market is mainly painted red after Bitcoin pulled the majority of cryptocurrencies down. BTC slumped from price levels above $40,000 to an intraday low of around $32,000.

Altcoins appear to have suffered the most, asEthereum's 20% loss in 24 hours shows. Ripple was not spared the axe as it sliced through the support at $0.3 and retested the buyer congestion at $0.26. Litecoin bulls are also gasping for air downstream after losing over 20% of its value. The rest of the losses in the market are double-digit losses, as highlighted by CoinMarketCap.

The bellwether cryptocurrency revisited lower price levels marginally above $32,000 on Monday during the Asian session. The hunt for a local bottom occurred after overhead pressure increased under the new all-time high of around $42,200. Various tentative support levels did little to stop the losses including $40,000, $37,500 and $35,500.

On testing the buyer congestion at $32,000, Bitcoin had a reflex rebound above $35,000. Meanwhile, the price is teetering at $35,450 while bulls fight to shake off the bearish pressure. A downward sloping Relative Strength Index seems to have reinforced the bearish grip.

However, closing the day above the immediate support at $35,000 would call for stability while encouraging more buyers to join the market (due to lower prices). Enough volume/tailwind must be created behind BTC to support a sustained recovery back to levels beyond $40,000.

As observed on the 4-hour chart, the trend is generally in the bulls' hands based on the price trading above the three moving averages; the 50 SMA, 100 SMAand 200 SMA. Recovery lacks a catalyst to complete the leg up to $40,000.

BTC/USD 4-hour chart

If support at $35,000 caves, we can expect overhead pressure to increase significantly. Similarly, panic selling might grip the market if the daily support two at $32,000 is broken, while the bearish leg would have the potential to revisit support three at $30,000.

The flagship altcoin recently reached a new yearly high at $1,353 but was negatively impacted by the BTCslump to $32,000. Thus Ether retested support at $1,000, allowing bulls to avert losses to $900.

Ethereum is trading at $1,085 while fighting tooth and nail to reclaim the position above two key levels: $1,000 and the 50 SMA. Currently, the trend appears to favor the bulls as the RSI on the 4-hour chart reverses its motion above the oversold area.

A daily close above the above-mentioned critical levels may see Ethereum embark on the journey back to the yearly high. The move will also increase investor confidence in the token's ability to recover despite massive retracements.

ETH/USD 4-hour chart

On the flip side, Ethereum is not out of the woods yet because closing the day under $1,100 could increase the overhead pressure on the support at $1,000. If losses continue under this critical zone, the price may retest the next anchor at the 100 SMA, marginally above $900. Besides, the primary support lies at $700, but the 200 SMA may absorb some of the selling pressure around $770.

Ripple has suffered dearly in the recent crypto market retracement. From a yearly high of $0.3715, it tested $0.25. The 100 SMA aided in absorbing the selling pressure. Meanwhile, XRP is doddering at $0.285 while immediately supported by the 50 SMA on the 4-hour chart.

Trading past $0.3 remains the bulls' short-term priority. The price action will allow them to shift the focus back to $0.4 and $0.5, respectively. On the other hand, the ongoing recovery appears to have been reinforced by the RSI.

XRP/USD 4-hour chart

It is worth noting that the bullish outlook will be invalidated if XRP made a daily close under the 50 SMA or the 100 SMA. Support at $0.25 may also be retestedand, if broken, the down leg will extend to $0.20.

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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin bull cycle temporarily on hold as altcoins bleed - FXStreet

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4 Altcoin Events Taking Place In January 2021 CryptoMode – Crypto Mode

Important cryptocurrency and blockchain events take place every month. During January 2021, several altcoin projects will undergo changes or upgrades. The following dates are all worth paying attention to, yet they wont guarantee a price increase.

There is a lot of interest in the Elrond project, as it packs some powerful technology under the hood. During January, the team will launch Maiar, a social payments solution with multi-coin support and staking opportunities. Maiar is also a digital identity layer based on your phone number, allowing anyone to create a compatible wallet with ease. An exciting example of what altcoin technology can achieve.

As happens every quarter, Binance is slated to conduct another token buyback in January of 2021. As a result, Binance Coins value (BNB) is likely to see a temporary increase when this happens. Currently valued above $42, it remains unclear what the price ceiling for this altcoin is these days.

This token is rather interesting, as it allegedly has official SEC approval. PROPS Will make its way to several non-US centralized exchanges. Additionally, the Props ecosystem will welcome another application, and staking support is expected to roll out shortly. Remain cautious while investing, though, as this token still has everything to prove.

DeFi enthusiasts will be familiar with the Alpha Finance ecosystem. It is a collection of decentralized finance solutions, including Alpha Homora. That platform will receive its V2 upgrade in January, albeit no specific date has been communicated. Advancing the DeFi ecosystem is crucial, as there is plenty of room for improvement.

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Altcoins to Watch: AAVE, XLM,… – Coinspeaker

The cryptocurrency market is still northbound as Bitcoin sets new ATH every other week.

The year has started with new records, the total cryptocurrency market cap exceeded $1 trillion, with only 67.7% of the cap covered by Bitcoin. As Bitcoin dominance drops, yet the market cap increases, the so-called altcoin-season should be expected.

For that being said, lets take a look at some altcoins that are worth following these days.

Photo: Aave chart on TradingView.

AAVE/USDT is following an ascending channel and remains bullish above the dynamic resistance of January 5. The pair tested the resistance as support and was heading upwards, though was stopped at $122.339.

Since each impulse and correction waves contain a 3-wave ABC pattern, rather than a motive 5-wave, we could implement various harmonic patterns to find the upcoming resistances.

Photo: Aave chart on TradingView.

As seen on the chart above, when the resistance of $122.339 is overtaken, the next possible resistance is located near $128.463.

Stellar Foundation has signed an important memorandum with the Ministry of the digital transformation of Ukraine, the protocol will be a foundation of the Ukrainian Digital currency. Since the release of the news, XLM/USD skyrocketed and gained an astonishing %148.

By the time writing of this article, XLM is traded above the important dynamic resistance of January 6s motive wave. MACD on a 15-minute chart is about close above the signal line to confirm the uptrend, though since the dynamic support is penetrated twice and currently the candle is near the support, the true uptrend signal will be closing above the current level and breaking the $0.38465 resistance.

Photo: XLM/USDT chart on TradingView.

The pattern we are watching for this pair is an ending diagonal and according to the Elliott Wave principle, one last motive wave is expected.

Photo: XLM/USDT chart on TradingView.

The support of $0.32200 is also important as its a 0.618 Fibo level of the previous motive wave (Wave 3), Stellar must remain above this level, otherwise, it might drop to $0.29350 support and this wave count will be invalid.

BCH/USD hit the last years high and retraced today, the pair is still following the uptrend channel and looks forward to breaking the years high.

BCH/USD quote on Overbit

There is a possibility that the BCH/USD might continue the correction down to $433.75 and $392.41 below that if the pair doesnt break the $466 resistance in the nearest time. That might be engineered by the Head and Shoulders pattern on a 15-minute chart of the pair.

BCH/USD quote on Overbit

The $435 support is important and if Bitcoin Cash breaks down that support, it will drop to the levels described above. Although if BCH keeps the pace and holds above and breaks the resistance of $466 it might as well continue the bullish run up to $481 and $494.

Senior Vice President at Overbit. Technical analyst, crypto-enthusiast, ex-VP at TradingView, medium and long-term trader, trades and analyses FX, Crypto and Commodities markets.

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Will Chainlink Outperform Ethereum in the First 2021 Altcoin Season? – Coinpedia Fintech News

As we have seen in recent months, Bitcoin (BTC) and other cryptocurrencies are moving higher at very fast rates. This shows there is a growing interest in virtual currencies, including altcoins. This can be called an altcoin season.

When altcoins grow faster than BTC (or at least follow its growth), we are not in a Bitcoin bull run only, but also in an altcoin season. An altcoin season can be created due to different reasons, including BTC investors moving their funds to altcoins or retail investors searching for higher returns.

Chainlink (LINK) is one of the altcoins with the largest potential to continue moving higher in the coming months. The main question remains whether Chainlink will be able to outperform Ethereum in the first altcoin season in 2021.

Chainlink is one of the most innovative blockchain and cryptocurrency networks in the market. Chainlink works as a decentralized oracle network that offers tamper-proof and reliable inputs and outputs related to complex smart contracts on blockchain networks.

By using decentralized and trusted nodes, it is possible to provide highly accurate data or APIs to smart contracts. Blockchain networks cannot get the necessary information from the outside to execute smart contracts. This is why Chainlink is so important.

Using a flexible framework, Chainlink collects and retrieves data from APIs. This information is then connected with blockchain systems in the market and helps smart contracts execute with high accuracy.

The LINK cryptocurrency is used to pay for the different services offered by the Chainlink network. As Ethereum works with Ether (ETH), Chainlink uses LINK. Most platforms in the market have their own digital asset. In recent years, LINK became one of the most useful and popular virtual currencies in the world.

Chainlink aims at solving a wide range of issues faced by blockchain networks. First of all, Chainlink allows smart contract networks to receive information from outside sources. This increases the number of use cases of different distributed ledger networks. While before they were only able to rely on a few datasets, with Chainlink the opportunities are much larger.

Secondly, by using Chainlinks decentralized oracles, blockchain networks can solve reliability issues offered by using centralized solutions. Blockchain networks then use the information provided by the oracles and automatically execute the smart contracts.

Thirdly, blockchain networks were much simpler in the past. They were only able to rely on a few efficient and secure data points. With Chainlinks oracles, the opportunities for smart contracts are much larger.

Smart contracts can receive very complex and valuable data to be executed. Once they get the information they will be able to automatically execute. Developers have now the possibility to create new smart contracts connected to Chainlink Oracles.

If we talk about investments, LINK could be a great cryptocurrency to help investors add more value to their portfolios. Thus, Chainlink helps the problem of diversification for some investors that want to add more risk to their investments.

Smart contracts are agreements created through coding that get automatically executed once certain conditions are met. These conditions must be accurate. If a smart contract follows misleading data, it could end up triggering a set of other smart contracts and harming users.

The smart contracts on the Ethereum network are deployed using the Ethereum Virtual Machine (EVM). The EVM allows developers to run their smart contracts on top of the Ethereum blockchain. Once the smart contracts are deployed they can start gathering information from outside sources using blockchain oracles.

Lets use a clear example. A company has deployed a set of smart contracts on top of the Ethereum network. They rely on outside information to verify external events. For example, they may need data about prices, shipping information, or the temperature of an object.

By using reliable channels, Chainlink provides smart contracts with the necessary information they need in order to be executed. In this way, they receive secure and accurate data.

Chainlink could be a great investment to those that want to diversify their portfolios in the cryptocurrency market. If you are an investor that has Bitcoin, Ethereum and Litecoin, you could expand your portfolio and add LINK to it.

However, Im not a financial advisor or investor. This is just for educational purposes only. Never invest more than what you are able to lose.

That being said, LINK has become one of the largest cryptocurrencies in the world. This altcoin is expected to continue expanding in the future. As smart contract networks, including Ethereum, continue growing, LINK could be one of the leading altcoins in the market.

Ethereum is currently the second-largest blockchain network in the world. With a more mature market and new companies deploying their solutions on it, Chainlink will certainly become a key player offering accurate and reliable smart contracts. In addition to it, having a digital asset that has a lot of upsize potential is essential if you consider to invest in Chainlink.

Chainlink all-time high was registered a few months ago in August 2020. The virtual currency surged to almost $20 per coin. A few years ago, Chainlink was traded below $1. 2019 was a very positive year for the virtual currency. Chainlink surpassed $3.6 per coin and the bull market continued until now.

In BTC terms, LINK has also been growing over the last years. However, in recent months, BTC outperformed LINK. The future is open and LINK could surpass its previous all-time high close to $20.

Especially in an altcoin season, the virtual currency could move higher and outperform other coins. Nevertheless, we are not sure what can happen to it or to the entire cryptocurrency market.

Virtual currencies are very volatile and tend to experience times in which their value moves downwards for long periods of time. This is what happened to Bitcoin between the end of 2017 and the beginning of 2019. If you invest in LINK you should take that into consideration.

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Ring adds end-to-end video encryption to its doorbells and security cameras at CES 2021 – CNET

Chris Monroe/CNET This story is part of CES, where our editors will bring you the latest news and the hottest gadgets of the entirely virtual CES 2021.

Smart home company Ring on Wednesday introduced end-to-end-encryption for its video doorbells and home security cameras. Launched as a "technical preview," Ring's end-to-end video encryption will roll out to existing customers starting today. The feature is available on an opt-in basis.

CNET temporarily stopped recommending Ring products in December 2019 due toprivacy and security concerns, specifically itspartnerships with law enforcement in the USanduser data that was exposed in late 2019. Ring has updated its policies since, including making privacy and security settings more accessible viaa Control Center dashboardandintroducing mandatory two-factor authentication.

The Amazon-owned company's latest move to improve video encryption is another promising step toward users retaining control of their recorded video files. Still, it isn't the first company to offer it. Apple's HomeKit Secure Video platform also supports end-to-end encryption.

Ring says it already encrypts videos when they're uploaded to the cloud and when they're stored on its servers. End-to-end encryption gives customers "an additional lock" that only a customer can unlock on the phone associated with their Ring account. That means Ring and Amazon won't be able to decrypt and then view customer videos if this feature is used, even for law enforcement officials, a Ring representative said over email.

Ring also confirmed that customers can't submit end-to-end encrypted videos through the Neighbors Public Safety Service Video Request portal. That portal is used as part of Ring's Neighbor's program, which enables customers to share video footage with law enforcement agencies. Customers using Ring's end-to-end encryption feature would need to decrypt the video before sharing it with police.

To find your current encryption settings and to opt in to end-to-end encryption, visit the Ring app's Control Center and check out the Video Encryption page. I'll report back on what it's actually like to enroll in Ring's end-to-end encryption shortly, so stay tuned for updates.

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Encrypted Phones iPhone and Android Encryption – Reader’s Digest

Don't let the term "encrypted phone" intimidate you. It's a feature you probably already have and use on your phone without knowing itand that's a good thing.

Encryption may sound like a tech buzzword, but even if youre not tech-savvy, encryption is probably a very important part of your life. More than likely, your bank, credit card companies, and even some social media sites that you may use, including WhatsApp, incorporate encryption to protect your data. Your phone probably has this capability, too. Heres what an encrypted phone means and how to use it to protect yourself from identity theft.

Encrypting your device means that the data (such as credit card info, social security numbers, addresses, or any other extremely personal information) that is entered into the phone will be jumbled up, making it indecipherable to anyone who might be trying to steal your information. To unjumble the information, it has to be unlocked using a password, PIN, or another key that identifies you as the owner of the information, according to Tom Kirkham, founder and CEO of IronTech Security.

When you set a pin or passcode on your device and set up fingerprint or facial recognition, this is used to generate the key for encrypting and decrypting your device, says Jack Mannino, CEO at nVisium, a Virginia-based application security provider.

Want to be extra safe? Here are eight apps security experts would never have on their phones.

Encrypted phones make it much harder for cybercriminals to gather your personal information because it is very difficult to decode encryption. Is encryption foolproof? Device encryption is an added layer of security and a necessary step to keep hackers away; more often than not, cybercriminals are going to see a device is encrypted and just move on because its too much work, says Kirkham. That said, nothing is 100 percent foolproof when it comes to cybersecurity, he reminds us.

There are a couple of downsides to cell phone encryption. An important thing to keep in mind is that it does slow down your phone, depending on the amount of data and the age/speed of the phone, says Tim Koster, tech expert and founder of CleverCreations.

A bigger caveat is that should you ever forget your PIN/password to your phone when it is encrypted, it is impossible to retrieve your data, Koster says. A backup would be the only way to retrieve the data.

Both Android and iPhone devices fully support encryption out of the box nowadays, so there isnt much need for third-party encryption apps, advises Koster.

When your iPhone is locked, personal information is automatically encrypted, as is any data on the iCloud. Find out how to do it and the other iPhone privacy settings you should check right now.

Setting up encryption on your Android device is easy, even for those that dont usually change the default setting on their phones. While there are many different types of Android phones and the menu options vary, these directions should get you to where you need to go without a lot of steps.

Open the Settings app.

Tap the search bar and type in encrypt.

Choose the encryption option

Follow the onscreen instructions

Some Android devices, such as certain models from Vivo, Huawei, and OPPO cant be encrypted. If you try the steps and you cant find an encryption option, contact your service provider. They will be able to determine if your phone can be encrypted or not.

Encryption can take up to an hour and cant be interrupted, so you wont be able to use your phone. Make sure your phone is plugged in while it is encrypting to prevent it from dying, too. If your phone dies while it is finishing the process you may lose all of your data.

Since the data on your phone can be viewed as unencrypted when your phone is unlocked, it is important to make sure the method to unlock your phone is strong, just in case it ever gets lost or stolen. For example, a weak password like 123456) or PIN like 0000 may put a device at risk regardless of the encryptions strength. Make the password or PIN more complex, or use face recognition, your fingerprint, or a pattern to unlock your phone. Even with encryption, hackers can still do these four things with just your phone number.

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Millions Flock to Telegram and Signal as Fears Grow Over Big Tech – The New York Times

Neeraj Agrawal, a spokesman for a cryptocurrency think tank, has typically used the encrypted messaging app Signal to chat with privacy-minded colleagues and peers. So he was surprised on Monday when the app alerted him to two new users: Mom and Dad.

Signal still had a subversive shine to it, said Mr. Agrawal, 32. Now my parents are on it.

On Telegram, another encrypted messaging app, Gavin McInnes, founder of the far-right Proud Boys group, had just announced his return. Man, I havent posted here in a while, he wrote on Sunday. Ill be posting regularly.

And on Twitter, Elon Musk, the billionaire entrepreneur, also weighed in last week with a two-word endorsement: Use Signal.

Over the past week, tens of millions of people have downloaded Signal and Telegram, making them the two hottest apps in the world. Signal allows messages to be sent with end-to-end encryption, meaning no one but the sender and receiver can read its contents. Telegram offers some encrypted messaging options, but is largely popular for its group-based chat rooms where people can discuss a variety of subjects.

Their sudden jump in popularity was spurred by a series of events last week that stoked growing anxiety over some of the big tech companies and their communication apps, like WhatsApp, which Facebook owns. Tech companies including Facebook and Twitter removed thousands of far-right accounts including President Trumps after the storming of the Capitol. Amazon, Apple and Google also cut off support for Parler, a social network popular with Mr. Trumps fans. In response, conservatives sought out new apps where they could communicate.

At the same time, privacy worries rose over WhatsApp, which last week reminded users in a pop-up notification that it shares some of their data with its parent company. The notification set off a wave of anxiety, fueled by viral chain messages that falsely claimed that Facebook could read WhatsApp messages.

The result was a mass migration that, if it lasts, could weaken the power of Facebook and other big tech companies. On Tuesday, Telegram said it added more than 25 million users over the previous three days, pushing it to over 500 million users. Signal added nearly 1.3 million users on Monday alone, after averaging just 50,000 downloads a day last year, according to estimates from Apptopia, an app-data firm.

Weve had surges of downloads before, said Pavel Durov, Telegrams chief executive, in a message on the app on Tuesday. But this time is different.

Carl Woog, a spokesman for WhatsApp, said that users privacy settings had not changed and that rumors about what data is shared were largely unfounded.

Whats not changing is that private messages to friends and family, including group chats, will be protected by end-to-end encryption so that we cannot see them, he said.

The rise of Telegram and Signal could inflame the debate over encryption, which helps protect the privacy of peoples digital communications but can stymie the authorities in crime investigations because conversations are hidden.

Any move to the apps by far-right groups in particular has worried U.S. authorities, some of whom are trying to track the planning for what may become violent rallies on or ahead of the inauguration of President-elect Joseph R. Biden Jr. next week.

The proliferation of the encrypted platforms, where law enforcement cant even monitor the rhetoric, does allow groups that have an ill intent to plan behind the curtain, said Louis Grever, head of the Association of State Criminal Investigative Agencies.

Capitol Riot Fallout

Jan. 13, 2021, 9:36 p.m. ET

Telegram has been particularly popular for those on the far right because it mimics social media. So after Facebook and Twitter limited Mr. Trump on their services last week and other companies began pulling their support from Parler, far-right groups on Parler and other fringe social networks posted links to new Telegram channels and urged people to join them there.

In the four hours after Parler went offline on Monday, one Proud Boys group on Telegram gained over 4,000 new followers.

Dont trust Big tech, read a message on one Proud Boys group on Parler. We will need to find safer spaces.

On Signal, a Florida-based militia group said on Monday that it was organizing its chats in small, city-by-city groups limited to a few dozen people each, according to messages seen by The New York Times. They warned one another not to let in anyone they did not personally know, to avoid law enforcement officials spying on their chats.

The flood of users to Telegram, which is based in Dubai, and Signal, which is based in Silicon Valley, goes far beyond just the American far right. Mr. Durov said that 94 percent of Telegrams 25 million new users came from Asia, Europe, Latin America, the Middle East and North Africa.

Most of Signals new user adoption is coming from outside the United States. As of Wednesday, the company said it was the No. 1 app in 70 countries on iOS devices and in 45 countries on Android devices, with India being one of the biggest areas of new user growth. For both Signal and Telegram, new installations came from users in Indonesia, Mexico, Brazil and dozens of other countries, data from Apptopia shows.

Fears over WhatsApps privacy policies have driven Telegram and Signals popularity. While there was no meaningful change to how WhatsApp handles users data, people immediately interpreted the apps privacy notification last week to mean that it was infiltrating all kinds of personal information like personal chat logs and voice calls and sharing that data with businesses.

WhatsApp quickly said people were mistaken and that it could not see anything inside of encrypted chats and calls. But it was too late.

The whole world now seems to understand that Facebook is not building apps for them, Facebook is building apps for their data, said Moxie Marlinspike, the founder and chief executive of Signal. It took this one small catalyst to push everyone over the edge of making a change.

The fervor has been such that on Tuesday, Moses Tsali, a Los Angeles rapper, released a music video for his song, Hit Me On Signal. And Mr. Musks endorsement of Signal last week sent publicly traded shares of Signal Advance Inc., a small medical device maker, soaring from a roughly $50 million market value to more than $3 billion. (The company has no relation to the messaging app.)

Some world leaders have also urged people to join them on the apps. On Sunday, the Twitter account of President Andrs Manuel Lpez Obrador of Mexico talked about his new group on Telegram. By Wednesday, it had nearly 100,000 members.

Eli Sapir, Apptopias chief executive, said that while peoples concerns over Facebooks data collection were fair, WhatsApp actually uses more secure encryption than Telegram. Its like going from something high in sugar to corn syrup, he said, adding that Signal was the most secure of the three.

Meyi Alabi, 18, a student in Ibadan, Nigeria, said she was surprised this week when her mother invited her to join Signal. Her mother had downloaded the app upon urging from a friend worried about WhatsApp.

I was in shock because she got it before me, she said. We usually tell our parents about the new apps. Now all of a sudden were the ones getting informed.

Mr. Agrawal, the cryptocurrency worker, said his parents had long been active in several WhatsApp group chats with college friends and relatives back in India. He said they told him they joined Signal to follow many of those chats that were moving there, because some of the participants were worried about WhatsApps new policy.

He said he knew the dangers of the WhatsApp policy were overstated but that much of the public doesnt understand how their data is being handled.

They hear those key things data sharing, Facebook, privacy, Mr. Agrawal said, and thats enough for them to say, I got to get off this.

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Signal, the encrypted messaging app and WhatsApp alternative, explained – Vox.com

Signal, once a niche messaging service for the privacy-minded, is currently the most downloaded app in the United States, unseating perennially popular social media and gaming apps. Its newfound popularity is due to a convergence of reasons, including WhatsApps changing policies, violence at the Capitol that led many tech companies to deplatform Trump, and a viral tweet from the worlds wealthiest man.

Last Thursday, Tesla founder Elon Musk tweeted Use Signal and sent the valuation of the wrong company, tiny health care technology firm Signal Advance, beyond its wildest expectations. Musk had been referring to the unrelated encrypted messaging outfit, which also benefited immensely from the tweet.

Signal, for the first time, became the most downloaded app on the App Store and Google Play. The sudden growth even caused delays in getting verification codes to new Signal users.

The tweet came a day after Musk had tweeted a meme blaming Facebook for its role in the violent storming of the Capitol, in which Trump supporters, amped up on conspiracy theories about a stolen election, failed to stop Congress from certifying Joe Bidens election victory. The meme illustrates the domino effect from Facebooks beginnings as a website to rate women on campus to the Capitol being under the control of a man in a viking hat.

A few days earlier on January 4, Facebook-owned WhatsApp had issued a new privacy policy, which many interpreted would mean users would be required to share personal information with Facebooks ad network in order to use the platform. Facebook has clarified that WhatsApp messages will remain encrypted and personal information like contacts would not be shared with Facebook. Still, many users goaded in part by Musks tweet flocked to other encrypted messaging apps like Telegram (now No. 2 in the App Store) and Signal (now No. 1).

But as influential as Musk is, he isnt tweeting in a vacuum. Signals growth in popularity also came as numerous tech companies, including Facebook and Twitter, began deplatforming Trump and his followers and trying to prevent their technologies from being used in service of further violence. Parler, the right wings social media alternative, was also booted from the internet; Google and Apple banned it from its app stores and Amazon Web Services stopped hosting the app on its servers.

Signal, typically praised by privacy proponents and left-wing activists, is topping the app stores along with other privacy-focused social media alternatives like MeWe. Its unclear how much the shift to these apps is being buoyed by people from the fringe right in need of new places to communicate. Thanks to the encrypted nature of the app, its hard to know (more on that below).

Previously, the number of new Signal users has rocketed up following social or political unrest. Signal downloads spiked after the election of Donald Trump, who rolled back a number of privacy protections. Downloads also grew during Black Lives Matter protests against police violence last spring, as activists strove to organize while staying safe from law enforcement.

Due to the nature of social apps and how the primary functionality involves communicating with others, their growth can often move quite quickly, based on current events, Amir Ghodrati, director of market insights at App Annie, told Recode.

The mobile data and analytics provider said demand for privacy-focused messaging apps has grown in the last few years, as internet privacy becomes a more mainstream issue and as people spend more time 67 percent more time on average in the first half of 2020 in messaging apps than on social media apps.

Signal is an end-to-end encrypted communications app, available for mobile and desktop. That means users can send texts or make phone or video calls without outsiders or the platform itself seeing the content of those messages. Intercepted messages would look like a string of garbled text and symbols.

Police, for example, would be unable to get access to Signal messages, whether those communiques included political activism or revenge porn. Protesters have preferred the platform as a way to communicate and organize without being spied on by police. A 2016 instance where a grand jury issued a subpoena for Signal data yielded minimal information: when the user registered for the service and when they last used it. Unencrypted apps would allow law enforcement visibility into the messages themselves.

Founded in 2014 by an enigmatic software engineer, white hat hacker and anarchist thinker Moxie Marlinspike, Signal is developed by a nonprofit, which means its unlikely to be acquired by, say, a big tech company. And unlike big tech companies, the service doesnt sell ads or user data. Its supported by donations, including a $50 million loan from its co-founder, Brian Acton, who also created WhatsApp. WhatsApp is encrypted using Signals protocol and was acquired by Facebook in 2014. Critics have worried that WhatsApps ownership by Facebook makes it less secure than Signal.

Signals software is open sourced, so others can download or copy it. The founders mission is for end-to-end encryption to become commonplace, even to the point where Signal isnt necessary.

If weve pushed the envelope as far as we can go and the things we develop become as ubiquitous as possible, we could all focus on other things, Marlinspike told the New Yorker in a profile in October.

While Signal has its downsides, including the fact that it notifies users every time a new contact gets the service and that you can only communicate securely if others have the app, its generally considered to have good enough privacy for regular people. That is, its easy to use and generally secure. More secure programs require jumping through more hoops.

Signal is more geared at direct communication rather than the broad communication of social media, though recently increased its group call limit from five to eight users and its group chats top out at 1,000 users. The company has also been rolling out new features like wallpaper and animated stickers. This summer, it released a tool that would automatically blur faces, so people could, say, share videos of protests without identifying the protesters.

Its possible that Signals most recent surge has been propped up by protesters this time those on the right. As social media companies are taking a more active stance on whats allowed on their platforms after the violent Capitol riots, it makes sense that those searching for new platforms would turn to ones in which their communications are kept secret.

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Heres why Telegram does not offer end-to-end encryption by default – The Indian Express

Telegram founder Pavel Durov has been very vocal about Telegrams policies and focus on privacy since rival WhatsApp received widespread flak after its new privacy policy went public. Durov also recently slammed Facebook, criticising the companys data mining methods.

The founder has now released a new post on his personal Telegram channel that clears the air about why the app does not feature end-to-end encrypted chats by default. All the information below can be found on Pavel Durovs Telegram channel (@durov).

Telegram has a Secret Chats feature that allows end-to-end encryption. However, this needs to be enabled, should the user want to make use of end-to-end encryption. By default, Telegram chats are not end-to-end encrypted. Durov insists that this is to allow these chats to be backed up in Telegrams own secure cloud storage.

This lets users have access to a number of features including sending large documents and videos, instant media forwarding without re-upload, minimising storage usage on your phone, support for multiple devices and access to chat history, which is simply put, not possible with end-to-end encryption in place.

Instead, Telegram lets its users choose whether they want their chats to be backed up on the cloud and make use of features like multi-device support. Those who favour more security over these features can opt for Secret Chats, which enable end-to-end encryption for the parties involved. For the security you get, you will miss some very basic features like taking screenshots or forwarding messages.

Telegram had recently introduced its ideas to bring ads to the platform, to help the app stay afloat and to keep Telegram running independently. However, Durov had mentioned that ads will only be coming to large channels, while one-on-one private chats and private groups will remain ad-free.

We will never force you to view 30-second ads on Telegram. If we ever introduce ads, the ads will be shown only in large one-to-many channels, which are expensive to run due to server and traffic costs, stated Durov in his post. So, no collecting private data, no user profiling etc. And if you dont use our one-to-many channels (which are non-existent in all other messaging apps), you wont see a single ad, he adds.

In yet another post, Durov also speaks about an incident from May 2016, when the FBI reportedly tried to influence the founder and bribe his engineer to make Telegram less secure. Luckily, since neither of us are US citizens, we could afford to refuse their offers and I was able to tell the public about these attempts. If we were American citizens, the FBI would have likely tried to silence us using a legal procedure called a gag order, said Durov in the post.

A gag order is essentially a legal directive that doesnt allow you to publicly disclose information related to an event. That whole story made me ask myself this question: if our team experienced such pressure during just one weeks trip to America, what kind of pressure are US-based tech companies facing every day? added Durov in the post.

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Mobile Encryption Market Structure, Industry Inspection, and Forecast 2025 – Business-newsupdate.com

The Mobile Encryption market report provides with a broad perspective of this business space and contains crucial insights such as current and predicted remuneration of the industry, in consort with its size and valuation over the estimated timeframe.

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Regional analysis of Mobile Encryption market:

Mobile Encryption Market Segmentation: North America, Europe, Asia-Pacific, South America, Middle East & Africa, South East Asia

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Product types and application scope of Mobile Encryption market:

Product landscape:

Product types: Disk Encryption, File/Folder Encryption, Communication Encryption, Cloud Encryption and Other

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Application Landscape:

Application segmentation: BFSI, Healthcare & Retail, Government and Public Sector, Telecommunications and IT and Other

Details specified in the document:

Additional information enlisted in the document:

Competitive arena of the Mobile Encryption market:

Key players in the Mobile Encryption market: McAfee(Intel Corporation), Mobileiron, Blackberry, ESET, Sophos, T-Systems International, Dell, Symantec Corp, IBM, Check Point Software Technologies, Ltd., Adeya SA, BeiJing Zhiyou Wang'an Tech. Co. Ltd, Proofpoint, Inc., Hewlett Packard Enterprise, Silent Circle, CSG andInc

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The huge assortment of tables, graphs, diagrams, and charts obtained in this market research report generates a strong niche for an in-depth analysis of the ongoing trends in the Mobile Encryption Market. The report also looks at the latest developments and advancement among the key players in the market such as mergers, partnerships, and achievements.

Mobile Encryption Market Research Reports Includes PESTLE Analysis:

Mobile Encryption Market Drivers Affecting:

In short, the Global Mobile Encryption Market report offers a one-stop solution to all the key players covering various aspects of the industry like growth statistics, development history, industry share, Mobile Encryption Market presence, potential buyers, consumption forecast, data sources, and beneficial conclusion.

MAJOR TOC OF THE REPORT:

Chapter 1 Industry Overview

Chapter 2 Production Market Analysis

Chapter 3 Sales Market Analysis

Chapter 4 Consumption Market Analysis

Chapter 5 Production, Sales and Consumption Market Comparison Analysis

Chapter 6 Major Manufacturers Production and Sales Market Comparison Analysis

Chapter 7 Major Product Analysis

Chapter 8 Major Application Analysis

Chapter 9 Industry Chain Analysis

Chapter 10 Global and Regional Market Forecast

Chapter 11 Major Manufacturers Analysis

Chapter 12 New Project Investment Feasibility Analysis

Chapter 13 Conclusions

Chapter 14 Appendix

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