Jamie Dimon – the man in charge of JPMorgan Chase, arguably one of the biggest financial companies in the world – really can’t stand bitcoin. In fact, he recently had a long conversation about how much he doesn’t care for it. Jamie Dimon: BTC’s Biggest Hater? In a recent interview,...
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Crypto Lending Firm Genesis Is All Set to File Bankruptcy
It’s happened again, folks. Another bankruptcy is in the crypto books. This time, the company that’s falling victim to alleged bankruptcy proceedings is Genesis, the crypto lending unit of the Digital Currency Group that has worked heavily with Gemini, a crypto exchange in New York run by the Winklevoss Twins....
Opinion: The Resilience of Bitcoin Is Truly Astounding
We are beginning to sound like a broken record at this stage, but it’s worth mentioning again that 2022 was arguably the worst year for the crypto space. Bitcoin, for example, lost more than 70 percent of its value. The world’s number one digital currency by market cap fell from...
FTX Hack Resulted in a Lot More Money Being Stolen
The panic surrounding FTX just got a lot bigger. As if the company doesn’t have enough problems to deal with, it is alleged that as much as $415 million in crypto funds were stolen from the exchange in a hack just after it began its bankruptcy proceedings. FTX Has Lost...
Russian Crypto Executive Anatoly Legkodymov Arrested in Miami
Russian national Anatoly Legkodymov – the founder of a China-based cryptocurrency exchange who was believed to have been living in China for the past several years – was recently arrested while residing in Miami, Florida. He has been charged with running an unlicensed money transmitting firm. Anatoly Legkodymov Arrested in...
Bitcoin Cash Analysis: Decline Could Extend To $110
Bitcoin cash price started a fresh decline from the $142 zone against the US Dollar. The price is now trading below the $135 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $135 on the 4-hours chart of...
Crypto Held a Limited WEF Presence in Davos This Year
The World Economic Forum (WEF) takes place every year in Davos, Switzerland. This time around, things were no different except for one little change… Davos Didn’t See Many Crypto Participants During the event, the streets of Davos are usually swarming with crypto companies. Some of the biggest names in the...
Janet Yellen Warns of “Extraordinary Measures” to Save Economy. What Does This Mean for BTC?
Bitcoin, Ethereum, and several other forms of crypto have been enjoying something of a rally over the past few weeks. These assets, along with many others, have enjoyed easing market conditions that have allowed them to jump to four-month highs and allegedly begin to put 2022 – arguably the worst...
Zebedee Gaming Platform Unveils “Bitcoin Chess”
Do you like bitcoin? You probably do. Otherwise, you wouldn’t be reading this article or visiting this site. What about chess and card games? Well, if you’re a fan of all three, then gaming payment processor Zebedee is likely to make your day. The company has joined hands with mobile...
EOS Price Analysis: Risk of Downside Break Emerges
EOS price started a downside correction from the $1.135 resistance against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $1.062 on the 4-hours chart of the EOS/USD pair...