According to a Business Insider report on May 17th, JPMorgan Chase, the leading US banking group and financial services company, recently created and filled a new position— the head of Crypto Assets Strategy. Crypto Assets Strategy Oliver Harris, 29, will assume this new role and report to Umar Farooq – head of blockchain development. Harris will also…
It’s Friday, which means it’s time to reflect on all that went on this week. What a week it was, too! Especially for Ripple (XRP). The crypto space saw some major Ripple news surface this week, and it’s important to review it. Why? So we’re in the loop when Monday rolls around. First, however, let’s…
The EOS team has been releasing videos all week about the project, making it a great time for beginners to check out the EOS blockchain. We’re here to help break things down even further – what is EOS? Let’s find out. Who is Launching the EOS Blockchain? It’s not Block.one, if that’s what you’re thinking.…
Key Highlights: Bitcoin Cash continued its decline this week, falling below the $1,200 mark. BCH/USD failed to break above its previous resistance level of $1,290 despite a minor upside correction. BCH/USD is currently on a bullish run that could retest the $1,200 price level. Bitcoin Cash Price Declines Below $1,200 On Friday morning, Bitcoin Cash…
On Friday morning, Bitcoin price continued its downward movement from earlier this week, falling below the key support level of $8,200. At one point, BTC/USD was below $8,000; a one-month low. The coin hasn’t been able to break above the key resistance of $8,500 for the past three days. Currently, BTC/USD is trading at around…
IOTA News: It’s yet another sea of red today on the crypto markets. IOTA (MIOTA), ranked as the 8th largest cryptocurrency, is currently down nearly 10%. Why? Likely because of the overall decline that the crypto markets are experiencing. Most major virtual currencies are down. What happened with IOTA, though? Did the IOTA Foundation announce…
Monex Inc., the new owner of the cryptocurrency exchange Coincheck, has announced that Coincheck will expand into the US. Monex acquired Coincheck back in April, not long after Coincheck experienced one of the largest crypto hacks of all time. Coincheck has been working to recover ever since but hasn’t fully succeeded yet. Now, in the hopes…
The Bitcoin (BTC) bubble theory has resurfaced again, as the founder of world’s largest e-commerce platform, Alibaba, just announced his views of the world’s first digital token. Jack Ma Yun, Alibaba Group’s founder and executive chairman, spoke in a forum on Wednesday and spoke highly of blockchain technology, but expressed his doubts about Bitcoin (BTC). “There is…
To attract institutional money into the cryptocurrencies market, the incumbent players will have to adapt and cater to them rather than expecting institutional investors to change their standards. One area in particular that crypto is not up to standard for institutions is the custody of assets. It is the biggest chink in crypto security at…
Circle’s May 16th announcement heralds continued expansion of Circle Group’s portfolio of blockchain products which includes Circle Invest (retail crypto investing), Circle Trade (OTC crypto desk trading), Poloniex (crypto exchanges) and Circle Pay (social payments app). Circle co-founder Jeremy Allaire says a price-stable medium of exchange and store of value is required for global financial…
