Apple says it is “watching” cryptocurrency – September 6

๐Ÿ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:ย $10,404

The cryptocurrency market is down a little over 1% today. Bitcoin, Ethereum, and XRP are all down about that much. In the top-20, most coins are up or down 1-2%; Binance Coin, however, is down 5%.

Top Stories for September 6, 2019 ๐Ÿ”ฅ

๐Ÿ‘‰ Apple says it is “watching” cryptocurrency

Some of the biggest tech companies in the world have already taken an interest in cryptocurrency. Facebook is building Libra, Samsung has introduced crypto wallet functionality to its devices, and MasterCard is hiring blockchain experts.

In an interview with CNN Business, Apple Pay executive Jennifer Bailey has said that the multinational tech giant is “watching” cryptocurrency. She added that “it has interesting long-term potential, but weโ€™re primarily focused on what consumers are using today.”

๐Ÿ‘‰ Tether co-founder: It “doesn’t matter” if USDT not backed 1:1

Tether is the organization behind USDT, the highly controversial “stablecoin” which has come under fire over the last 6 months — both by the general public and by the New York Attorney General — for its questionable practices.

In a Bloomberg talk, Tether co-founder William Quigley said that it “doesn’t matter” whether or not USDT is backed one to one by US dollars, as long as investors believe it is worth that much.

๐Ÿ‘‰ New research website tracks crypto derivatives

CoinMarketCap is by far the most popular website for tracking cryptocurrency price movements. As one of the earliest movers in the space, the website has inspired plenty of similar research tools.

Among the latest of these is ContractMarketCap, a new cryptocurrency research website which specifically tracks cryptocurrency derivatives — including futures, swaps, and options — across 16 exchanges.