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JPMorgan Will Pilot ‘JPM Coin’ Stablecoin By End of 2019: Report (#GotBitcoin?)
The United States' largest bank, JPMorgan Chase (JPM), is expecting to pilot its own cryptocurrency JPM Coin by the end of 2019, according to a Bloomberg report on June 25. JPMorgan Will Pilot ‘JPM Coin’ Stablecoin By End of 2019: Report (#GotBitcoin?) Umar Farooq, head of digital treasury services and…
Is There A Big Short In Bitcoin? (#GotBitcoin?)
Trading activity has grown in CME’s bitcoin futures in recent months, along with the rebound in the cryptocurrency’s price. Is There A Big Short In Bitcoin? (#GotBitcoin?) Hedge funds and other big traders are betting that bitcoin will fall, even as the digital currency has risen above $10,000 on a…
Coinbase Hit With Outage As Bitcoin Price Drops $1.8K In 15 Minutes
Crypto exchange Coinbase experienced a brief outage Wednesday afternoon, with both its website and API rendered temporarily inaccessible, as the price of bitcoin dropped more than $1,700 in the span of 15 minutes. Coinbase Hit With Outage As Bitcoin Price Drops $1.8K In 15 Minutes According to Coinbase’s status page,…
Samourai Wallet Releases Privacy-Enhancing CoinJoin Feature (#GotBitcoin?)
Samourai Wallet has unveiled a beta version of Whirlpool, a CoinJoin service that enhances transaction privacy. The company previously said that Whirlpool would be released to operate on Dojo, a much awaited bitcoin node built to work with the wallet. Samourai Wallet Releases Privacy-Enhancing CoinJoin Feature (#GotBitcoin?) This added feature…
There Are Now More Than 5,000 Bitcoin ATMs Around The World (#GotBitcoin?)
The total number of bitcoin ATMs (BTMs) worldwide reached 5,000 for the first time, monitoring resource CoinATMRadar confirmed on June 24. There Are Now More Than 5,000 Bitcoin ATMs Around The World (#GotBitcoin?) According to the latest statistics, there are now 5,006 standalone BTMs in around 90 countries, where cryptocurrency…
You Can Now Get Bitcoin Rewards When Booking At Hotels.Com (#GotBitcoin?)
Bitcoin (BTC) rewards shopping app Lolli has expanded its business by adding major booking service Hotels.com to its partners, the company announced in a blog post on June 25. You Can Now Get Bitcoin Rewards When Booking At Hotels.Com (#GotBitcoin?) With the new partnership, the New York-based firm now has…
Sagging Trade Flows Spark Alarm Before G-20 Meeting (#GotBitcoin?)
If tit-for-tat measures continue, tariffs could rise back to 2003 levels, economists warn. Sagging Trade Flows Spark Alarm Before G-20 Meeting (#GotBitcoin?) World trade flows have sagged again in 2019, a sign that higher U.S. tariffs and other trade barriers are cooling growth as leaders from the Group of 20…
North America’s Largest Solar Bitcoin Mining Farm Coming To California (#GotBitcoin?)
California-based mining company Plouton Mining will build North America’s largest solar-powered bitcoin mining farm, the company confirmed in a press release on June 25. North America’s Largest Solar Bitcoin Mining Farm Coming To California (#GotBitcoin?) Plouton, which is a subsidiary of Plouton Group Holding, says the site in Western Mojave…
Bitcoin Buying Pressure Hits 2-Month High As Price Tops $11.6K (#GotBitcoin?)
A bearish divergence on the 4-hour chart. Bitcoin Buying Pressure Hits 2-Month High As Price Tops $11.6K (#GotBitcoin?) With a key indicator reporting the strongest buying pressure in over two months, prices appear on track to test resistances lined up at $11,688 (March 2018 high) and $11,780 (February 2018 high).…
CFTC Approves LedgerX To Settle Futures In Real Bitcoin (#GotBitcoin?)
The Commodity Futures Trading Commission (CFTC) has cleared bitcoin derivatives provider LedgerX to offer physically settled bitcoin futures contracts. CFTC Approves LedgerX To Settle Futures In Real Bitcoin (#GotBitcoin?) The CFTC said Tuesday it had approved LedgerX’s application for a designated contract market (DCM) license, meaning the company can now…
A Monumental Fight Over Facebook’s Cryptocurrency Is Coming (#GotBitcoin?)
Given how slowly Washington lawmakers have taken to devise a coherent, informed view of cryptocurrency, the Chair of the House Financial Services Committee’s rapid leap to action last week over Facebook’s ambitious Libra project was remarkably fast. A Monumental Fight Over Facebook’s Cryptocurrency Is Coming (#GotBitcoin?) But let’s reflect not…
Bitcoin On Track For Best Second Quarter Price Gain On Record (#GotBitcoin?)
Bitcoin’s 165 percent gain so far this quarter is the best second quarter performance on record and the highest quarterly percentage gain since the end of 2017. The stellar gains have bolstered the long-term bullish technical setup. Bitcoin On Track For Best Second Quarter Price Gain On Record (#GotBitcoin?) While…