Crypto news

It’s safe to come out now, says Andreas Antonopoulos, the threat posed to bitcoin by Google’s newfound “quantum supremacy” is “zip, bupkis nada.” In one of his typical Q&A sessions, blockchain expert and author, Antonopoulos shared his thoughts on the supposed jeopardy BTC faces from Google. Spoiler alert: he isn’t concerned. According to Antonopoulos, Google’s quantum prowess focuses on a range of issues, and deciphering cryptography is not among them. “What is the effect on mining and...

For a long time now, FAANG stocks have been the unofficial standard by which the S&P 500 is measured. FAANG which is an acronym for five of the biggest tech and internet companies – including Facebook, Apple, Amazon, Netflix and Google parent Alphabet Inc., – were regarded by investors, traders and even analysts alike, as the stocks that account for a large percentage of the general returns gotten from the index.For the better part of 2018, FAANG pulled in amazing returns for investors...

According to the latest report from Yahoo Finance, the chairman of the United States Commodities and Futures Trading Commission called Ethereum (ETH) a commodity.Speaking at the Yahoo Finance Summit, CFTC chairperson Heath Tarbet said that the ETH token falls under the regulatory oversight of CFTC. He further added that in the near future, one cannot rule out the possibility of having Ethereum futures in the market. Tarbet said:“We’ve been very clear on bitcoin: bitcoin is a commodity. We...

The Russian Central Bank has never been a fan of cryptocurrencies. Central bank governor Elvira Nabiullina has adopted a hardline stance against cryptocurrencies in Russia, so her latest statement regarding the fate of a national cryptocurrency in the country doesn’t come across as a surprise. Russian central bank head disses cryptocurrencies, again Russian news outlet Tass reports that Nabiullina doesn’t think that Russia needs a national cryptocurrency. The agency quoted the central...

The Intercontinental Exchange (ICE) in conjunction with their Bitcoin futures platform Bakkt is reportedly seeking to jump ahead of the CME group to release a Bitcoin options contract. This suggests that it wants to beat its CME rival that is considering a Q1 2020 launch for its Bitcoin option contract.Amsterdam-based Deribit already sells Bitcoin options but they have no standing compared to ICE or CME. Reportedly, BTC options will attract more institutional investors and enhance the...

The Swedish Enforcement Agency, called Kronofogden, is about to auction 4.59 BTC. This would be the second auction coming from the same agency as the first one took place back in 2017. The transaction is set to take place today and it will be entirely online.Bitcoin Online Auction in SwedenKronofodgen, Sweden’s Enforcement Authority, has obtained 4.59 BTC and is ready to auction it off to the highest bidder. The market price is now around 370,000 kronor or $37,600 or about $8,191 per Bitcoin....

[Press Release Amsterdam, Noord-Holland, The Netherlands – 11th of October, 2019] Cryptohopper works against the clock to bring its users closer to complex trading methods in a very user-friendly way, like algorithmic and arbitrage trading. That makes it very easy for everyone to design automated trading strategies that run tirelessly 24/7.The Cryptohopper arsenal of trading features hasn’t stopped growing during the last years, and today they are rolling out two of their biggest weapons: the...

Samsung Electronics America has officially announced that it will collaborate with the fintech firm, Finablr. The partnership aims to launch an international money transfer service that will operate through the Samsung Pay app. The service currently targets US users and Finablr’s subsidiary Travelex powers it.Official information shows that Finablr is a listed partner of Ripple in London. Nonetheless, this deal with Samsung has no involvement from Ripple or XRP. An official announcement...

Alipay has indicated that it will ban Bitcoin transactions and all others related to cryptocurrency payments. In what seems like an extension on the cryptocurrency war that the Chinese government is waging, the electronic payments giant said in a tweet thread that it would terminate all cryptocurrency-related transactions.If any transactions are identified as being related to bitcoin or other virtual currencies, @Alipay immediately stops the relevant payment services.— Alipay (@Alipay)...

Apple Inc. (AAPL) has had a great year in the stock market and all sentiments point to the possibility of even further improvement in the coming weeks. Already, AAPL has been crowned the best performing stock on the Dow Jones Industrial Average (DIJA) so far, as it has recorded YTD growth of over 43%. On Oct. 10, prices slightly crossed $230, setting a new dividend-adjusted all-time high and cemented a new market cap of $1.04 trillion.One of the biggest drivers for AAPL’s impressive drive is...