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JPMorgan, the $316 billion investment banking giant, said the potential long-term upside for Bitcoin (BTC) is “considerable.” This new optimistic stance towards the dominant cryptocurrency comes after PayPal allowed its users to buy and sell crypto assets.JP Morgan, from "Bitcoin is a fraud and will blow up" in 2017 to
Read MoreVirgil Griffith, the former Ethereum Foundation researcher accused of conspiring to violate U.S. sanctions against the Democratic People's Republic of Korea, filed a motion on Thursday to dismiss the charge against him on the grounds that prosecutors from the Southern District of New York have failed to properly state Griffith’s
Read MoreCryptox Markets: Paul Tudor Jones. Did his investment into Bitcoin spark a new bull cycle?Max Keiser: First, we need to go back to the Genesis Block and understand that everything that has happened and will ever happen with Bitcoin came into existence at that instant and the world and our species were
Read MoreAccording to Whalemap, there are three major Bitcoin (BTC) whale clusters in the near term that might serve as key technical levels. The $11,857, $12,256 and $12,868 levels would likely act as important support and resistance areas.In previous cycles, whale activity coincided with significant price movements at crucial technical levels.
Read MoreWu Zhongze, China's former vice-minister for Science and Technology and a well-known digital economics expert, believes that blockchain technology is still quite young.During an interview with The Paper, the former IT minister also stated that there was still “not much difference between where China and leading economies such as the
Read MoreThe InterPlanetary File System, or IPFS, helps decentralize the internet by making files available across multiple locations instead of through a single centralized point of failure. What happens if someone reports a problematic IPFS file, however? Dietrich Ayala, ecosystem lead for IPFS, explained the process:"Let's say there's a URL, or an IPFS content
Read More“My first thought was he must have been hacked”, said Hoskinson, reflecting on opening an email he received from David Barrett, the CEO of Expensify, urging him to vote for Joe Biden:Source: Twitter.Hoskinson later discovered that he was not the only recipient of the email at IOHK, but was rather
Read MoreA line from immortal comic strip Calvin & Hobbes goes “a good compromise leaves everybody mad.” When it comes to laws governing crypto, authorities are usually asking for pretty major compromises because they are, at their very best-intentioned, trying to work things out. While it’s a fast-developing area of law
Read MoreBinance, the world’s largest cryptocurrency exchange, is funding a major decentralized audio streaming service through its investment and incubation arm.According to an Oct. 23 announcement, Binance Labs led a $1.25 million extension round for Audius, a blockchain-enabled streaming service that connects music fans with artists.The latest investment round follows a
Read MoreA Russian official argued that the country should have launched research on a central bank digital currency four years ago in order to claim leadership in the field.However, according to Dmitry Peskov, a special representative of the President of the Russian Federation on digital and technological development, the first-mover advantage also
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