Let’s rewind the clock for two years: The phrase “November 2017” is perhaps causing some eager smiles on anyone familiar with the cryptocurrency space. It was the peak of the most famous Bitcoin bubble.Now, let’s get back in time a year later to November 2018, a year ago. Or, if you want to be even more specific – November 14th, Bitcoin’s horror day. On that day, the Bitcoin price dropped below the significant 2018-support of $6000 and set the course for a 50% plunge in one month.When looking...
Read More »With Google’s Support Fitbit Might Catch Up to and Overtake Apple Watch
Google’s parent company Alphabet has revealed that it will be purchasing popular wearables giant and smartwatch maker Fitbit, in a deal that will be closed soon. Worth $2.1 billion, many analysts agree that this deal has all the makings of a blow-up and could very seriously cement Google’s position as a strong contender in the smartwatch market, a market already largely dominated by Apple. While this is very interesting and important news, the market is starting to wonder whether or not...
Read More »Santander Buys Majority Stake in Startup Ebury for £350M
Spanish bank Banco Santander SA on Monday announced it is acquiring a major stake in the British payments platform Ebury. The price of this acquisition is, according to the announcement, £350 million ($453 million).Proud to announce that @bancosantander has bought a majority stake in Ebury! ? https://t.co/3F8Zisjz1u pic.twitter.com/15GC4O05A8— Ebury (@EburyUK) November 4, 2019Santander is buying 50.1 percent of Ebury’s stake, which makes it a stakeholder having a controlling vote. This...
Read More »AI and Blockchain to Revolutionize Warfare, Says Indian Defense Minister
Today most of the weapons are software-based and intricately networked. As IoT and cloud computing, as well as connectivity, have increased, hard to detect cyber threats have evolved. Cybersecurity is even more critical in military-dedicated networks. The challenge in the information age is to repeal attacks from multiple sources, proactively react and prepare for any contingencies.Modern warfare will include new technologies like Artificial Intelligence (AI), blockchain and big data as...
Read More »Google Pay to Accept Biometric Confirmations for Payments
Is what is seen by many as an innovation that will spark a revolution in the electronic commerce industry, Google Pay will now accept biometric security confirmations instead of the usual PIN code that people are already used to on the platform.Google Pay is formerly known as the Tez App which has already made its niche in the payments industry in terms of processing of transactions for users. SMS notifications on all transactions done within the Google Pay app recently became available and...
Read More »What You Need to Know About the Queen’s Crypto Tax Update
The UK’s tax authority has updated its tax policy for crypto assets. Expect huge administrative headaches as all crypto transactions need to be converted into £ and recorded. The authority reiterates that Bitcoin is not money. Her Majesty’s Revenue and Customs (HRMC) on Friday updated its tax policy related to cryptocurrency in the UK. Here’s what you need to know to stay compliant with the British taxman. The HRMC’s statement on Cryptoassets: tax for businesses only provided...
Read More »Crypto Galaxy: Computer Game lockt mit echten Bitcoin-Auszahlungen
Ein neues Blockchain-Game gibt den Gamern die Möglichkeit, im digitalen Raum Assets zu sammeln. Diese Assets werden in Kryptowährungen umgetauscht, und die Kryptowährungen können sie anschliessend in reale Währung umsetzen. Es handelt sich also um eine Möglichkeit der Investition, die letzten Endes mit viel Spass verbunden ist. GalaxyOne Tech hat Smartphone Game auf den Markt gebracht Es gibt...
Read More »Warren Buffet’s Profits Receive Enormous Rise despite Market Uncertainty
Warren Buffett and his company had their total capital rising to a record of $128 billion during Q3 2019, сovering all the losses and showing the company has some great risk management tools. The measure supposes to help the company’s under-performing stocks, while some market analysts claim it will make the stocks fall faster. Berkshire spent 1.7 billion in Q1, 442 million in Q2, and 700 million in Q3 on repurchasing stocks in 2019. They also have changed the rules by which the stocks...
Read More »French High School Students to Get Bitcoin Introductory Classes
The French Ministry of National Education amended its syllabus to incorporate cryptocurrencies and bitcoin. Students will learn about the functions of bitcoin. While this will be covered as a supplementary topic, it might help spark the interest of students. The European Union (EU) appears to have a neutral stance on bitcoin and cryptocurrencies. The region’s parliament has no specific legislation on cryptocurrencies. In addition, digital assets are considered legal among member...
Read More »Co-Founder of Satoshi Nakamoto Institute Blasts Warren Buffett for Hoarding $128 Billion
Warren Buffett’s Berkshire Hathaway is sitting on a massive cash stockpile. Pierre Rochard criticizes the billionaire investor for his strategy of waiting for the value of the U.S. dollar to rise. According to Rochard, Buffett’s strategy is no different from bitcoin HODLers. The Oracle of Omaha, Warren Buffett, has been recently grabbing headlines because of his enormous cash position. As of early November, Buffett’s Berkshire Hathaway is sitting on $128.2 billion in cash. Analysts...
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