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Chainlink (LINK) Goes Live on Binance US. Will It Hit $3 and Surpass Tron?

  • Alex Dovbnya
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    Chainlink is moving closer to the $3 target, which would allow it to edge out Tron (TRX)

Chainlink (LINK) Goes Live on Binance US. Will It Hit $3 and Surpass Tron?
Cover image via www.123rf.com

Chainlink (LINK) is now available for trading on Binance US, the American arm of the world's largest exchange by trading volume. The oracle token got listed along with Raven Coin (RVN), the favorite coin of former Overstock CEO Patrick Byrne.  

As of now, the LINK price is sitting at $2.59 (down 4.21 percent over the last 24 hours). As the chart below shows, it experienced a short-lived bounce to $2.78 after the start of trading, but it quickly fell in tandem with Bitcoin, which failed to break above a pivotal resistance level

LINK
image by coinstats.app

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As reported by U.Today, LINK was already listed on Coinbase at the end of June, which subsenquely pushed its price to its current ATH of $3.96. Kraken, another big-name crypto exchange, also embraced the oracle token in September.   

Now that Binance US also listed LINK, it's not far-fetched to assume that it could soon surpass Tron (TRX) if its price surges above the $3.00 mark once again. 

      

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Bitcoin in Danger as New Research Shows Google Has Achieved Breakthrough in Quantum Computing

  • Alex Dovbnya
    📰 News

    Google's quantum computer is still too primitive to pose a threat for Bitcoin's cryptography, but things could escalate quickly

Bitcoin in Danger as New Research Shows Google Has Achieved Breakthrough in Quantum Computing
Cover image via www.123rf.com
Contents

According to a new research paper published in science journal Nature, Google's quantum computer is able to perform calculations in just three minutes. To put this into perspective, it would take the fastest supercomputer about 10,000 years to perform the same operation, which signifies a major tech milestone for the search behemoth. 

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Google achieves "quantum supremacy"

Back in September, the Financial Times reported that Google has managed to achieve "quantum supremacy," which means that its beast is able to perform calculations that would be impossible to pull off with any other computer. 

However, technology is still way too fragile for commercialization, which is unlikely to happen anytime soon. There is hardly any practical application for quantum computers, but they do have great potential for disrupting a lot of industries, such as finance and transportation.   

Considering that the Trump administration has funneled a whopping $1.2 bln into the development of quantum computing, it might stop being just a buzz word. 

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Will Google's quantum success affect Bitcoin

There is also one notable application for quantum computing -- hacking Bitcoin. The headlines about Google's super-powerful juggernaut has made many wonder whether Bitcoin, whose value derives from the immutability of its Blockchain, is in danger. 

However, ex-Bitcoin Core developer Peter Todd reassured the confused crypto crowd that Google was nowhere near breaking the top coin's cryptography. On top of that, it's not even clear whether quantum computers could potentially be scalable enough for commercial use. 

Bitcoin evangelist Andreas Antonopoulos also opined that Google's quantum breakthrough would have no impact on the orange coin. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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