Bitcoin Hits Record $69,000 High Following SEC Rule Change

After a tumultuous two-year slump, Bitcoin rebounded this week when it briefly reached a new all-time high exceeding $69,000, marking a more than 300 percent rise since November 2022 when the price was below $20,000. The prior record of just below $68,790 dates back to November 2021. The 2024 rally comes on the heels of regulatory action approving rules that make it simpler for individuals to invest in Bitcoin by allowing some large investment firms including BlackRock, Fidelity, Grayscale and Valkyrie to add it to their funds, making it easier for the average investor to choose it as a portfolio option. Continue reading Bitcoin Hits Record $69,000 High Following SEC Rule Change

Changing the Way We Game: Virtual Reality with Oculus Rift

The focal point of the virtual reality renaissance, the Oculus Rift, is edging closer to its consumer release. The company was at the 2014 CES showing off the latest update to its ever-improving 3D head-mounted display with a prototype codenamed Crystal Cove. The new device improves the frame rate and image persistence of its two screens to reduce motion blur. ETC was on-hand to test out the latest VR experience and talk to the company’s young founder, Palmer Luckey. Continue reading Changing the Way We Game: Virtual Reality with Oculus Rift