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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Apple Inc.’s (NASDAQ:AAPL) AirTags have remained dominant in the Bluetooth tracker market, with people spending billions to help keep track of their things.
But there hasn’t been a viable alternative. Tile, which only tracks using the owner’s device, lost its competitive edge after Apple implemented tracking features associated with pinging nearby phones.
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MaxTracker, a startup raising funds on StartEngine, is improving on Tile and AirTag technology. MaxTracker is creating a 5G device that uses GPS, an improvement on the AirTag. Even with this advantage, Apple is still stiff competition.
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It seems Apple might soon see competition in the space. Recent leaks suggest Alphabet Inc.’s (NASDAQ:GOOGLE) Google might be developing a tracker of its own.
Kuba Wojciechowski is considered a reliable leaker on Twitter, and he recently discovered references that indicate Google is creating a Bluetooth tracker codenamed Grogu.
This is significant because Google, which has its own line of phones, develops the operating system for Samsung’s popular Galaxy phones. Google can add much of the functionality the AirTag offers to Samsung phones, effectively becoming an Android alternative to Apple’s technology.
The space has already seen quite a bit of consolidation and competition. Popular family tracking app Life360 acquired Tile and JioBit, two companies making trackers, and Apple recently hit $1 billion in AirTag sales.
With an Android alternative potentially coming to the market, this could mean the space will continue to heat up.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.