Shortly after it was greeted with Disapproval from Cardano’s founder, CEO of Binance speaks on the JP Morgan and Facebook Cryptocurrencies

Upon the announcement of the inclusion of cryptocurrency to social media giant Facebook alongside the recent involvement of top U.S bank JP Morgan in cryptocurrency, the entire crypto-community has welcomed the news with mixed reactions, most of which were of opposition. Meanwhile, the CEO of Binance, Changpeng Zhao has just recently taken to Twitter to…

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Binance: JP Morgan's Crypto Unlikely To Pose Immediate Threat To SWIFT Or XRP

Mere weeks ago, JP Morgan Chase, one of the world’s largest financial institutions, shocked the crypto space. For those who missed the memo, the Wall Street mainstay unveiled plans to launch its own digital asset, based on the Ethereum-esque Quorum private ledger. Due to its premise, JPM Coin, as the cryptocurrency has been dubbed, was…

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Crypto Tidbits: Meet JP Morgan Coin, SEC Drops Bitcoin ETF Application

After last week’s price action, the crypto market quieted down. Bitcoin entered a lull, while altcoins followed close behind. Yet, the wheels of the crypto train have continued to spin. Twitter CEO Jack Dorsey revealed that his fintech upstart would eventually integrate Bitcoin’s Lightning Network, JP Morgan launched its own digital asset on a private…

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Did JP Morgan Miss The Point Of Cryptos, and What Effect Will JPM Coin Have?

It’s only February and already, we’ve had one of the biggest announcements in the crypto industry. JP Morgan announced yesterday that it had successfully trialed the JPM Coin. It will use it for its $6 trillion wholesale payments business as well as securities transactions. In doing so, it became the first bank in the U.S…

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Institutional Investors No Longer Interested in Bitcoin: JP Morgan

Institutional investors are quickly losing interest in Bitcoin, JP Morgan has stated in recent research. According to the bank, key flow metrics have dwindled in recent months indicating reduced interest from the professional investors. The research cited interest in Cboe Global Markets which is at its lowest since Bitcoin futures launched a year ago. The…

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JP Morgan facing Federal Lawsuit due to ‘Sky High’ Interest rates against Cryptocurrency purchases

JP Morgan Chase is facing legal action over its extortionately ‘Sky High’ interest rates and fees when customers use credit cards to buy and sell cryptocurrencies. The multi-national company and its CEO have been vehemently opposed to cryptocurrencies in the past. With Jamie Dimon referring to them as a 21st Century ‘Tulip Mania. JP Morgan,…

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Is Bitcoin Disrupting the Banking Industry? For JP Morgan Chase, Yes

Several times JP Morgan Chase has commented about Bitcoin and cryptocurrencies. It has also given its opinion about blockchain technology and their uses. The most important cryptocurrency on earth may be revolutionizing the financial world. According to JP Morgan, Bitcoin is a revolutionary currency. JP Morgan’s Opinion About Bitcoin JP Morgan CEO, Jamie Dimon, has…

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