Jamie Dimon Getting Last Laugh as Bitcoin Continues to Fall

Bitcoin (BTC), Cryptocurrency, Wall Street–JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon might be the only one laughing as cryptocurrency prices continue to plummet. While investors across the space of cryptocurrency watch another day of double digit losses for Bitcoin and the larger altcoin market, the CEO of America’s largest bank has been vindicated in a few… Read More »

Chainalysis: Value Of Bitcoin (BTC) Payments Falls By 80% From Jan. 2018 High

Bitcoin In Payments Becomes “Distant Dream” According to data from Chainalysis, routed through Reuters, the U.S. dollar (USD) value of Bitcoin transactions processed by this market’s 17 foremost payment processors (BitPay, CoinPayments, etc.) has fallen drastically, indicating that BTC’s long-touted medium of value use case could be a sham. Chainalysis, a leading crypto-centric analytics startup, revealed that from… Read More »

Altcoin Price Analysis: Bears Slowdown, IOT/USD May Recover Today

The meltdown continues and even though fundamentals are strong, altcoin prices including those of ADA/USD and IOT/USD could consolidate after the last two day’s losses mostly because of yesterday’s high volumes and tight trade ranges. Needless to say, our forecasts remain constant. That’s unless there are sharp gains above immediate resistances nullifying this stand.Let’s have a look at… Read More »

Stablecoin Wars: Crypto Merchant Service BitPay Lists Paxos Standard

Advertisement Twitter Facebook LinkedIn BitPay today expanded its stable of stablecoin offerings for merchant settlement to include the new Paxos Standard, the most heavily traded of the recently-launched group of “regulated stablecoins.” As CCN reported in October, BitPay has already added support for Circle’s USD Coin and Gemini’s GUSD. It has apparently decided not to support USDT —… Read More »

Tron Price Analysis: TRX/USD Bulls Likely to Drive Prices Back to 2 Cents

There is a clear divergence between fundamentals—Tron Accelerator program, transactions spike and on-chain development and TRX/USD prices.  Regardless, dropping prices shouldn’t be defining metrics because fundamentals often lead prices. As such, we expect TRX to rebound back to early this week’s valuation more so if today end up bullish.Latest Tron NewsA project is only as good as the… Read More »

Bitcoin Price Analysis: High Volumes and Shrinking BTC/USD Trade Range Positive for Price

It’s not what maximalists want to see but for institutions to flock in then regulators must be in the picture. This is part of the reason why the launch of Bakkt Daily Bitcoin futures has been put off to Jan 24, 2019. Hopefully, if all requirements are met and goes live in Jan 2019 then BTC/USD prices would… Read More »

Crypto Exchanges Begin to Disregard Bitcoin Cash SV After Block Reorg

Advertisement Twitter Facebook LinkedIn Bitcoin Cash SV, the hard forked chain of Bitcoin Cash created by a camp composed of CoinGeek, Calvin Ayre, and Craig Steven Wright, suffered a block reorganization. However, as reported by Bitcoin Unlimited chief scientist Peter Rizun, CoinGeek allegedly reorganized its own blocks. Emin Gun Sirer, a professor at the prestigious Cornell University, stated… Read More »