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Tag Archives: Story of the Day

Ripple CEO Expects to See More ‘Consolidation’ in FinTech Industry in 2020

XRP gave the crypto community an unexpected gift when it rose by 10 percent on Tuesday. The third biggest cryptocurrency has been sluggish in its movement, barely keeping up with other top cryptocurrencies like Bitcoin (BTC). But in what resembled a rush of adrenaline, XRP astonished crypto investors when it regained strength to take back the $0.244 level. This event is so remarkable because this is the first show of strength XRP has managed to achieve since November ending of 2019.Now that...

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Craig Wright Claims to Obtain Private Keys to $9.6 Billion Bitcoin Batch

On Monday, according to a court filing to the U.S. District Court of Southern Florida Craig Wright, the Australian entrepreneur who claims to be the real creator of Bitcoin, “provided the necessary information and key slice to unlock the encrypted file”. As he said, these private keys are needed to unlock the $9.6 billion Bitcoin batch.In another filing, attorneys for Ira Kleiman, who is the brother of the ex-business partner of Wright Dave Kleiman, claimed that Wright only gave a list of...

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Cryptocurrency Market Suddenly Gets Bullish, Bitcoin Price Rises to $8,800

The cold as winter market suddenly turns hot: major coins getting a significant bump in prices. Specifically, the main Bitcoin forks are hitting the price roofs with Bitcoin Cash, Bitcoin SV and a hefty of other coins gaining a larger price per coin in no time. The SV rise from $150 per coin to $400 per coin may be also connected with Craig Wright‘s promise to obtain the private keys from Satoshi’s 1 million coins. And… publications like this one.Bitcoin Cash has also received a bump-up going...

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CME Bitcoin Futures Options Overtake Bakkt with over $2 Million in Debut Trading Volume

Bitcoin (BTC) futures options trading is now live on the Chicago Mercantile Exchange – CME. The offering went live yesterday Jan. 13 and began trading after it successfully got approval from regulatory authorities. The CME Group announced this on its website as trading went live. According to the page, Bitcoin futures options were created to satisfy customers’ yearnings. It says it was done “in response to growing interest in cryptocurrencies and customer demand for tools to manage Bitcoin...

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CME Group Is Launching Its Bitcoin Options amid High Anticipation in the Market

It seems that traditional institutions are finally realizing that no-can-do without cryptocurrencies anymore. If we look at the market movements, there is huge impatience for the launch of CME Group Inc. options that should happen today.It is interesting because it is not the first of a kind. Bakkt that is under New York Stock Exchange parent Intercontinental Exchange Inc. began with the work in December last year. Moreover, as we have recently reported, yesterday FTX crypto derivatives...

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FTX Derivatives Exchange Launches Bitcoin Options Trading

FTX crypto derivatives exchange platform has begun services for Bitcoin (BTC) options. The announcement came in a tweet posted on Saturday from FTX CEO Bankman-Fried.Options are live!https://t.co/B85lrLVDQO— SBF (@SBF_Alameda) January 12, 2020The announcement did not include any specific details about the offering, only that its Bitcoin options. However, in another tweet just about two hours later, the CEO said the platform had hit $1m in volume, since the launch.FTX Bitcoin OptionsEven as...

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Is FAANG to Become FAAMGT in 2020s?

Recently, the new fintech terms came to town. We are already used to certain terms such as FAANG, FANG and even FAAMNG. When it comes to stocks, and especially technology-related ones, the times are certainly “a-changing”.2020 began already as a pretty turbulent one. With great geopolitical tensions, an unsure trade deal between the U.S. and China, Donald Trump’s impeachment (moreover, Meghan and Harry are leaving the Crown) – it seems that there is going to be a pretty tough year for big...

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SEC Shows Proofs Telegram Is Violating Securities Law

On Friday, the Securities and Exchange Commission (SEC) had filed invoices to the court. The SEC is claiming that brothers Nikolai and Pavel Durov were selling the Gram tokens after the initial pre-sale end.If It Has No Flaws, Invent ThemTelegram officially claimed that they did not conduct any sales after the initial offering end.However, the SEC representatives are sure that Telegram accountants have been messing with papers. Maybe Telegram managers got a total of 1.7 billion during the...

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PayPal Rewards Hacker Who Discovers Its Vulnerability

PayPal admitted that someone discovered a possible severe security breach that could lead to the exposure of user passwords to a hacker. Alex Birsan, who discovered the breach, earned a bug bounty worth $15,300 for reporting the problem. The vulnerability itself was disclosed on January 8 and has since been repaired.In his public disclosure, Birsan wrote that this “is the story of a high-severity bug affecting what is probably one of PayPal’s most visited pages,” referring to the login...

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Could 2020 be the Year of FAAMNG Stocks?

2020 could quite easily be a great year for FAAMNG stocks if things continue the way they currently are. FAAMNG comprises Facebook (FB), Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), Netflix (NFLX), and Google’s parent company Alphabet (GOOG and GOOGL). These are the biggest tech and internet stocks in the world.FAAMNG Stocks in 2020A publication from The Arora Report shows the current money flow into these companies via their stocks. Dividing each stock into several data points, the table...

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