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JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini

JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini

JPMorgan Chase, the largest bank in the United States, has set the ball rolling by accepting crypto exchanges Gemini and Coinbase as banking customers. This is a sign that Bitcoin and other cryptocurrencies are being embraced in the American financial landscape and Wall Street. The bank gave Coinbase and Gemini accounts the green light in April, and transactions are just kick-starting. Reportedly, JPMorgan Chase is offering cash-management services to the exchanges, as well as dealing with dollar-based transactions for their US-based clients.

Tron's Total Active Accounts Surpass 25 Million, Is TRX Undervalued?

Tron's Total Active Accounts Surpass 25 Million, Is TRX Undervalued?

Tron has attained a huge milestone with the total number of accounts on the protocol surpassing 25 million.

Reserve Bank of India Says Banks Are Authorized to Provide Accounts to Cryptocurrency Traders

Reserve Bank of India Says Banks Are Authorized to Provide Accounts to Cryptocurrency Traders

The Reserve Bank of India recently responded to an information query, saying that Indian banks are not prohibited from dealing with crypto businesses.

Robinhood Compromised as Dark Web Hackers Allegedly Hold More Than 10K Login Keys

Robinhood Compromised as Dark Web Hackers Allegedly Hold More Than 10K Login Keys

More than 10,000 Robinhood trading accounts have allegedly been hacked, and despite customer complaints, it appears as though the firm has been slow to act.

3 Platforms Making DeFi More Inclusive

3 Platforms Making DeFi More Inclusive

Decentralized finance (DeFi) is taking the world by storm. Owners of cryptocurrencies can unlock an alternative financial system that offers better rewards than traditional bank accounts and carries more risk. Several trends in the DeFi space are emerging lately, as are the new protocols trying to capitalize on this momentum.

When China Yuan Sneezes, Bitcoin Wears a Mask

When China Yuan Sneezes, Bitcoin Wears a Mask

My thesis continues to be that larger accounts (i.e. whales who own > 1000 BTC) have started to liquidate (which I shared yesterday that this number have continued to decline for the past two weeks), and potentially chase/re-allocate into equities.

Bitcoin Dominance Hits 70% at 30-Month High While Altcoins are Dying

Bitcoin Dominance Hits 70% at 30-Month High While Altcoins are Dying

Bitcoin now accounts for just over 70 percent of the total cryptocurrency market capitalization as of September 3rd according to CoinMarketCap.

United States CFTC Issues Advisory on Digital Currencies for Futures Commission Merchants

United States CFTC Issues Advisory on Digital Currencies for Futures Commission Merchants

The Commodity Futures Trading Commission (CFTC) has released an advisory to futures commission merchants clarifying how to hold digital currencies in segregated accounts.

‘AML BitCoin’ Lobbyist Abramoff Pleads Guilty to ICO Fraud

‘AML BitCoin’ Lobbyist Abramoff Pleads Guilty to ICO Fraud

AML BitCoin lobbyist Jack Abramoff has pleaded guilty to multiple accounts of fraud associated with the 2018 Initial Coin Offering (ICO) for AML BitCoin.

China Accounts for 65 Percent of Bitcoin’s Hash Power, New Research Reveals

China Accounts for 65 Percent of Bitcoin’s Hash Power, New Research Reveals

An interactive map published by the University of Cambridge’s Alternative Finance Center (CCAF) revealed Chinese miners accounted for 65 percent for the global hashing power used by Bitcoin. The CCAF tracked mining data for over a year from websites like BTC.com, ViaBTC, and Poolin, with the premier university claiming the map is the first-of-its-kind effort in visualizing hash power data by geography.

Nine Bitcoin Twitter Accounts That Deserve Your Attention

Nine Bitcoin Twitter Accounts That Deserve Your Attention

Nine Bitcoin Twitter accounts that deserve to be followed.

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