The Motorola 'bendy phone' is worn around the wrist. This is how it operates.

 

Though it's a Lenovo notion, it might not be as distant as you might expect.

Most of us secretly wish we had a Motorola bendy phone. It can get exhausting to hold onto a device all day, after all. For this reason, Motorola's parent company, Lenovo, unveiled a prototype for a foldable phone that would allow you to wear your phone around your wrist.

Concept is the key word here. Although it's unlikely that you'll see this phone anytime soon, it does demonstrate Lenovo's continued commitment to experimenting with folding screens, as seen by the ThinkPad X1 Fold, the first foldable PC in history. Having said that, this is all the information we currently know regarding Motorola's flexible phone.

How is the Motorola bending phone operated?

The Motorola flexible phone has multiple bending positions, one of which being a tent-like configuration akin to the Samsung Galaxy Z Flip series.

This is how you can use the phone's 4.6-inch display and benefit from its smaller version. Tent mode allows you to capture pictures with your hands free, just like the Galaxy Z Flip line.

As was already said, you may use it to access your texts, photographs, emails, applications, and more without using your hands by wrapping it around your wrist.

However, given that Lenovo had the audacity to release the X1 Fold in 2020, maybe we'll see more of Lenovo's inventive moxie – preferably before the end of the world.

For the first time in 17 months, Bitcoin soars to $35,000 on hopes that an ETF will be approved.

 In anticipation of the adoption of a spot ETF, Bitcoin reached $35,000 on Tuesday, its highest level since May 2022.

The surge in bitcoin, which is up 107% so far this year, is being driven by optimism surrounding the acceptance of the ETF.

For proponents of cryptocurrencies, legalization would mean that investors may enter the market without needing to hold bitcoin.

Tuesday saw an 11.5% increase in Bitcoin to $35,000 as investors hoped that a long-awaited ETF would soon receive regulatory approval.

Later, it reduced gains to roughly $34,200, but bitcoin has recovered significantly from its sharp decline in 2022, up 28% this month and 107% year to date.

For weeks, the cryptocurrency market has been seeing growth as industry heavyweights including VanEck, Fidelity, and BlackRock filed as well as Exchange Commission to offer spot ETFs for bitcoin.

Grayscale Investment's recent legal victory against the SEC's attempt to prevent it from turning its bitcoin trust into a spot bitcoin ETF added to the enthusiasm.

Although bitcoin futures ETFs have previously received regulatory approval, a spot ETF will effectively produce a tradeable product linked to the price of bitcoin at that moment. Supporters of cryptocurrencies believe that a spot ETF would enable a large number of investors to engage in the market without actually possessing bitcoin.

Billionaire cryptocurrency bull Mike Novogratz stated last week that he expects this year to witness the approval of spot ETFs.

An "iShares Bitcoin Trust" has been placed on the website of the Depository Trust and Clearing Corporation, a corporation that clears securities transactions, according to a report published on X by Eric Balchunas, an ETF analyst for Bloomberg Intelligence.