Banks have always acted very hostile toward Bitcoin and other cryptocurrencies. Even the underlying blockchain technology was widely considered to be a fad. Today, the tune played by financial institutions is very different. The Tune of JPMorgan is Very Different So much even that the blockchain hype remains in full […]
Tag: JPMorgan
Dozens of Japanese Banks Join JPMorgan’s Blockchain Network
Banks around the globe are looking to experiment with innovative technology. Primarily Japanese financial institutions are eager to experiment with blockchains. It is for that specific reason several dozen institutions will become part of JPMorgan’s DLT network. More Blockchain Exploration in Japan Japan is a country where blockchain ventures in […]
Why a Respected Analyst Believes Institutional Investors Will Not Commit to Crypto in 2018
Gabor Gurbacs, the director of digital assets at VanEck, recently said it remains uncertain whether institutional investors will commit to crypto in 2018, due to the regulatory burden on the asset class. Price Isn’t Reacting to Positive News Since early August, the cryptocurrency sector has seen some of the most […]
Investor: Selling Cryptocurrency in 2018 is Like Selling Apple in 2001
Yoni Assia, the CEO of UK-based multi-asset brokerage company eToro, a platform founded in 2006 that serves more than seven million active users, has said in an interview that the recent decline in the prices of both major and small cryptocurrencies such as Bitcoin, Ethereum, and tokens has created a […]