Top News:
✓ The Bitcoin Segwit 2x fork will be executed on December 28th. The fork will reduce block times to 2.5 minutes and increase block size to 4MB;
✓ Earlier today, on December 27, the Bitcoin price surged to $16,500, recording a major gain for the first time since December 22;
✓ Amazon sold “millions” more Amazon devices powered by its smart voice assistant Alexa than a year ago over the holidays;
✓ Apple defrauded iPhone users by slowing devices without warning to compensate for poor battery performance, according to eight lawsuits filed in various federal courts;
✓ This holiday season, rap star Kanye West gave wife and entrepreneur, Kim Kardashian, stocks from major U.S. corporations, including Netflix, Amazon and Apple;
✓ Long Island Iced Tea Corp. shares jumped close to 300 % shortly after the company rebranded itself as Long Blockchain Corp. However, the company to date has no agreements with blockchain technology companies, nor is there any assurance there will be;
✓ The government of Belarus has officially acknowledged Bitcoin as a legal currency and has legalized initial coin offerings (ICOs), smart contracts, and blockchain development;
✓ In April 2018, Japan’s largest financial group, MUFG, will offer bitcoin holders a service wherein their bitcoins are placed in a trust, separate from their cryptocurrency exchange’s assets. In the event of any failure by the exchange’s operator, the security of holders’ bitcoins will be guaranteed by the trust bank;
✓ Oil prices on Wednesday remained near two-and-a-half year highs from the previous session as the market outlook for 2018 is relatively tight.*
* Information source: cryptocoinsnews, cnbc, coinmarketcap, investing (AAPL as of 26/12; Amazon.com Inc as of 26/12)

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