JP Morgan

CME’s Bitcoin Options Launch Today, Here’s What To Expect

The Chicago Mercantile Exchange (CME) will launch options on Bitcoin futures starting today. This comes as a result of the increased interest in cryptocurrencies. Moreover, analysts from JP Morgan think that there’s a high-anticipation among institutional investors for CME’s newest product. Anticipating CME’s Bitcoin Futures Options CME recently announced the launch of its newest product...
Read More

OneConnect Financial Technology Files for IPO in the U.S.

It has been evident in the last few years that companies within the blockchain, cryptocurrency and fintech space are receiving a lot more institutional backing after years of being rather niche sectors of the business world. This is evidenced by the fact that many more prominent firms are taking on blockchain technology such as MasterCard,...
Read More

Paxos Launches Fiat Gateway with Binance as the First Client

Photo: Shutterstock On November 12, 2019, Paxos debuted its Fiat Gateway and have announced that Binance will be its first client in this regard. Its Fiat Gateway means that customers can swap out U.S. dollars for stablecoins on a one-to-one basis and this is one of the first of its kind within the cryptocurrency industry....
Read More

Mastercard Launches Fintech Express to Make Functioning of Fintechs More Efficient

With Fintech Express, it will be even easier for fintechs to work with Mastercard. The first participant is Rapyd, a B2B Fintech-as-a-Service provider. During the Singapore Fintech Festival 2019, the biggest fintech event, Mastercard, an American multinational financial services corporation, has announced the launch of Fintech Express. The initiative will allow fintech companies to get access...
Read More

Kadena Begins KDA Token Sale for U.S. and Global Investors on CoinList

The Kadena network has launched its token sale in categories to all interested investors both in the U.S. and globally. Kadena, a Proof of Work (PoW) public blockchain for smart contracts, has begun its token sale on CoinList. It began on Monday, Nov. 4, and will run until Friday, Nov. 22, 2019. The Kadena network...
Read More

Lagarde and Cryptocurrency: Slowly but Surely?

Photo: Wikimedia Commons I have big hopes for Christine Lagarde following her appointment as the new head of the European Central Bank. And here’s why (Warning: libertarian crypto enthusiasts should look away now). A company I co-founded held Bitcoin in the now-infamous Mt. Gox exchange. You may remember that back in 2013-14 it was the...
Read More

More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses

The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus. The central banks’ easing policy hasn’t been this colossal in nearly two...
Read More

Apple Starts Week with the Record Market Cap of $1.09T

Raymond’s analyst Chris Caso raised his expectations for iPhone 11 volume by 3 million units in aggregate for Apple’s December and September quarters. It’s already widely known that the multinational tech company Apple Inc. (AAPL) has again joined the trillion-dollar society hitting the trillion-dollar market cap mark for the fourth time. At the time of...
Read More

Facebook Now Wants a Series of Stablecoins For Libra Crypto Project

As the pressure continues to pile on Facebook, the social media giant is still determined to forge ahead with its grand crypto ambitions. As it realizes that the journey ahead is not going to be a smooth one the company is looking at alternative ways of getting its own currency off the ground and a...
Read More

‘Bitcoin and Ethereum can be dethroned only if it fully fails’, says Andreas Antonopoulos

Bitcoin evangelist Andreas Antonopoulos, in one of his talks, addressed how people are in search of investing in something that might be the next Bitcoin. He detailed how several “shit coins” come along and see themselves as the next Bitcoin. Certain characteristics including, better scalability or ease of use might be beneficial for the coin. ...
Read More

JP Morgan on What Caused Bitcoin Price Crash to $8,000

Bitcoin (BTC) hasn’t had the best week. In fact, the cryptocurrency is set to close down some 20% on the week, which is one of the asset’s worst performances since the bearish capitulation seen in November of last year. A bit late to the party, JP Morgan recently came out with its analysis of the...
Read More

SIX Launches Digital Asset Exchange Pilot

The SIX’s prototype platform will run test cases to demonstrate the potential of SDX’s trading model, as well as settlement on DLT. Swiss stock exchange SIX announced that they have launched a pilot version of its exchange and central securities depository (CSD) for digital assets. This prototype platform, launched under SIX Digital Exchange (SDX) which...
Read More

Wells Fargo executive boasts of stablecoin’s better efficiency, higher speed against SWIFT

Wells Fargo, a Fortune 500 company providing financial services, has been the latest institution to express potential interest in blockchain and cryptocurrencies. As announced earlier, the organization revealed its plans to test an internal settlement service, Well Fargo Digital Cash, which would operate on its own Distributer Ledger. According to recent reports, Liza Frazier, Head...
Read More

JP Morgan In Metals Racketeering Soup; Bitcoin Still a Fraud?

The US Department of Justice has charged three JP Morgan commodity traders with market manipulation. Rackets such as this from the world’s largest banks give more strength to bitcoin every day they get exposed. Who Is The Fraud Now? JP Morgan Chase boss Jamie Dimon once called bitcoin a fraud. Two years ago he said...
Read More

JP Morgan’s Dimon Unfazed by Libra as Congress Panics

Libra has undoubtedly become the talk of the town over recent weeks. Since being unveiled just one month ago, the cryptocurrency has been mentioned by giants in technology, finance, and politics — Donald Trump included. On Tuesday, JP Morgan’s Jamie Dimon hopped on the Libra bandwagon, actually taking some time to bash the project while...
Read More

London Stock Exchange’s CEO Sees a Future with Blockchain Technology

Nikhil Rathil, Chief Executive Officer of the London Stock Exchange (LSE), has come out to voice his opinion on blockchain technology, which he believes should be adopted extensively as a means of issuing settlements and securities. Speaking in an interview with news site CNBC, Rathil claimed that adopting blockchain technology in the issuance and settlement...
Read More

Token Taxonomy Initiative: Crypto Joining Forces with Mainstream Giants

On April 17th, the Enterprise Ethereum Alliance (EEA), which works to streamline enterprise development on its namesake’s blockchain network, announced the Token Taxonomy Initiative — a “blockchain-neutral” project bringing together mainstream companies and crypteconomy stalwarts to standardize the tokenization arena for enterprises. EEA will host the project but it will not be Ethereum-centric in kind....
Read More