Cryptocurrency News
Bitcoin has registered a 4.1 percent growth in the past 24 hours to trade at $3.775 at press time. The surge comes after a rather slow and uneventful week. In the past week, bitcoin’s price was unable to break away from the $3,660 level achieved on February 8. However, since hitting […]
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 […]
JP Morgan Chase has created the first bank-backed cryptocurrency in the United States. Dubbed the JPM Coin, the new crypto will target the instantaneous transfer of payments between institutions. The bank is one of the biggest wholesale payments processors in the world, moving more than $6 trillion every day. It intends […]