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JPMorgan Chase CEO: If Bitcoin Goes Much Higher, ‘It Will Be Regulated’

On Wednesday (November 18), JPMorgan Chase Chairman and CEO Jamie Dimon made some interesting comments about blockchain technology and Bitcoin at The New York Times’ DealBook conference. Dimon’s comments were delivered during an interview with CNBC’s Andrew Ross Sorkin at this year’s online summit (November 17-18, 2020). But before we examine some of Dimon’s most […]

Acting Comptroller of the Currency Brian Brooks Educates U.S. Senate on Crypto

On Tuesday (November 10), Brian P. Brooks, Acting Comptroller (since May) at the Office of the Comptroller of the Currency (OCC), testified before the U.S. Senate Committee on Banking, Housing, and Urban Affairs, and as part of his prepared statement, spoke about cryptoassets. Brooks was appearing as a witness at a committee hearing titled “Oversight […]

OKB Compressed Into Decision Area – Price Analysis

Like the general crypto market, OKEx’s exchange token OKB has been drifting sideways inevitably, toward must be the looming end of a large consolidation. OKB is still visibly in an uptrend, but that trend is faint and could quickly collapse without a further leg up to refresh momentum. We start on the daily, and see […]

Ripple Awarded Patent (‘Verifying Sequence of Instructions of Software’)

Californian FinTech firm Ripple Labs has been awarded a patent in the U.S. for an invention by Stefan Thomas (currently, CEO of Coil) and Evan Schwartz (co-inventor of the Interledger Protocol; currently a board member at Coil). The application (No. 15/873,737) for this patent (No. 10,789,068), which has the title “System and method for verifying […]

Former Goldman Sachs VP: There Is ‘No Government Printing More Bitcoin’

On Thursday (October 1), Jason Urban, the CEO of DrawBridge Lending and a former trader at Goldman Sachs, explained during an interview how both gold and Bitcoin can protect investors against increases in volatility. According to his bio, Urban holds a BS/BA Finance and Marketing from Georgetown University and an MBA from University of Chicago […]

OKB Breaks Important Level, Holding Potential Uptrend

In our last foray into the market for OKEx’s exchange token OKB, we noted the importance of the area around $5.80. A few days ago, this level was taken on force, and it is now serving as support on the pullback. These are the signs of a steady uptrend that could soon see OKB breaking […]

Hong Kong Newspaper Published Full-Page Bitcoin Ad as Banks Broaden Scrutiny

Apple Daily, a pro-democracy Hong Kong newspaper, has published a full-page ad on its front page promoting Bitcoin to its readers after the arrest of billionaire owner Jimmy Lai. According to images shared on Reddit, the ad featured a representation of the flagship cryptocurrency with the text “Bitcoin will never ditch you” right below it, […]

Peter Schiff Bashes Bitcoin and Grayscale’s ‘Drop Gold’ Ad Campaign

Gold bug and crypto critic Peter Schiff has bashed cryptocurrency asset manager Grayscale Investments for its “drop gold” ad campaign, as the firm plans to run another campaign advertising bitcoin. On Twitter, Schiff claimed that since Grayscale Investments ran its original ad campaign telling investors to “drop gold” and instead invest in bitcoin – which […]

Smaller Bitcoin Holders Are Increasing Controlling More of BTC’s Supply, Data Shows

Data shows that the amount of bitcoin smaller entities hold has more than doubled over the past five years, while BTC whales have seen their holdings decline significantly over the same period. According to on-chain analytics firm Glassnode, the percentage of bitcoin’s supply held by entities with 10 BTC or less has grown from 5.1% […]

Ethereum Classic (ETC) Suffers Another 51% Attack After 800,000 ETC Double Spend

The Ethereum Classic (ETC) blockchain has suffered a second 51% in the last week, with the attackers double-spending well over 800,000 ETC in the first one. The most recent 51% attack was spotted by Ethermine’s parent firm Bitfly, which quickly warned the cryptocurrency community of the incident and advised miners that until further notice Ethereum […]

Human Rights Foundation, Square Crypto Announce New Bitcoin Development Grants

The Human Rights Foundation’s Bitcoin Development Fund has announced three new grants this week, at about the same time Square Crypto, a well-known grant distributor, announced a new grant of its own. As first reported by CoinDesk, Square Crypto has announced a grant to Lloyd Fournier, a bitcoin developer who plans to work on payment […]

Bitcoin Resting Around $11K Level, CNBC’s Brian Kelly Says $50K by Q2 2021

Recently, hedge fund manager and CNBC contributor Brian Kelly explained why he is so bullish on Bitcoin and in particular why he expects the price to reach $50,000 “sometime in Q2 2021.” According to his bio on the CNBC website, Kelly is the founder and CEO of BKCM LLC, an asset management firm focused on “global […]

Bitcoin Usage Among Crypto Payment Processors Is Growing: Report

Data shows that both BitPay and Coinbase Commerce, two major cryptocurrency payment processors, have seen bitcoin usage in commerce grow last year.

Bitcoin Cash Breaks Important Resistance Level As Market Surges Price Analysis

Bitcoin Cash has broken a key resistance near $260, and is now ready to take $300 and possibly continue. The long term charts are bullish, even if the short term ones look overheated.

Litecoin Ready for Gains as Alts Turn Green – Price Analysis

Litecoin has been making solid gains in the past days, as it implies a reversal from recent lows. Following in the footsteps of other major alts like Ethereum, we could easily see continued gains for Litecoin in the next few days.

Bitcoin is Considered as Property by English Business Court

Bitcoin has been deemed to be legal property by a British court as an asset preservation order (APO) was issued to protect bitcoins stolen from a crypto fund.

Adaptive Capital CIO: BTC Is Going to $100K

Murad Mahmudov, a former Goldman Sachs analyst and the current Chief Investment Officer (CIO) at crypto hedge fund Adaptive Capital, explained on Monday (August 12) why believes that the price of Bitcoin (BTC) is going to $100,000.

Fundstrat: Bakkts Launch Expected by Late Q3, Could Be Huge Accelerator for Market Growth

Independent research boutique Fundstrat released on Friday (July 19) a report on Bakkt Institutional Digital Asset Summit (July 18); one of the many interesting takeaways was that the full launch of the Bakkt platform is expected is to take place later this quarter.

Crypto Africa Roundup: What’s Going on in the Crypto Continent

 In our Crypto Africa Roundup, YouHash take a look at some recent developments on the fast-growing crypto continent.

Monero (XMR) Long Term Price Analysis December 4

Monero (XMR) was in a bearish trend during the month of November. On the first day, its price opened at $105.3 but ended up falling down to $58.6 by the end of the month. In other words, XMR lost over 44.6% of its value last month. It has now fallen to a low of little over $53. 

UBS Chief Global Economist Paul Donovan Explains Why He Wants to Bury Bitcoin

On Thursday (29 November 2018), Paul Donovan, the Chief Global Economist at UBS Wealth Management, gave an interview in which he explained why he had written a blog post titled “I come to bury bitcoin, not to praise it.”

Former U.S. Federal Reserve Chair Janet Yellen: I Am Not a Fan of Bitcoin

On Monday (29 October 2018), Janet Yellen, the former Chair of the U.S. Federal Reserve, speaking at the 2018 Canada Fintech Forum, told the audience that she was not a fan of Bitcoin, and then proceeded to explain why.

Robinhood Cryptos Zero-Commission Trading Now Available in Arkansas and Tennessee

On Friday (5 October 2018), Robinhood announced that “Robinhood Crypto”, its zero-commission crypto trading service, had now become available in two more U.S. states: Arkansas and Tennessee.

Bitcoin Software Upgraded to Version 0.17.0 As Ten Year Anniversary Approaches

Bitcoin Core team releases 0.17.0 update, improving speed and privacy of network, and ease of use for node operators.

The Future of Ethereum Part 2: Casper, Sharding and eWASM

In Part 1 of our two-part series, we covered everything you need to know about the Ethereum ice age, the difficulty bomb, and the changes to Ethereum’s inflation rate set to come with October’s Constantinople update. Now that you have a firm grasp of Ethereum’s current development status and plans for the immediate future, we can take a look at the platform’s long-term plans, particularly Ethereum’s long-awaited 2.0 update, which focuses on Casper, sharding, and eWASM.

Crypto Africa Report: Bitfund, Augmented Reality and PWC Looking to South Africa

In our weekly Crypto Africa Report, YouHash take a look at the latest stories unfolding in one of the fastest-growing crypto continents.  

The Great Bitcoin Debate: Former PayPal CEO Bill Harris vs. Crypto HedgeFund Manager Brian Kelly

On Tuesday (14 August 2018), Bill Harris, a former CEO of Intuit and PayPal, and the founder of Personal Capital, who had previously called Bitcoin “The Greatest Scam in History”, appeared on CNBC and engaged in a lively debate about Bitcoin (BTC) with crypto hedge fund manager Brian Kelly.

Squares Cash App Finally Lets You Buy and Sell Bitcoin in All 50 U.S. States

San Francisco-based payment solutions company Square announced on Monday (13 August 2018) that users of its “Cash App” can now finally buy/sell Bitcoin from their phone in all 50 U.S. states.

Popular Crypto Exchange OKCoin Expands to US, Offers Crypto-to-Fiat Trading Pairs

OKCoin, one of the leading cryptocurrency exchanges, has recently launched a branch in the US, where it offers users fiat-to-crypto trading pairs. The company, for now, seems to only be serving California, but notes “other US states [are] coming soon.”

Nasdaq-Listed Xunlei Launches New Blockchain Platform

Shares in Nasdaq-listed (XNET) Chinese technology firm Xunlei Limited jumped 6.32% on Friday after it announced a new high-performance blockchain platform called “ThunderChain”.