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Crypto Tidbits: Meet JP Morgan Coin, SEC Drops Bitcoin ETF Application

Crypto Tidbits: Meet JP Morgan Coin, SEC Drops Bitcoin ETF Application

After last week’s price action, the crypto market quieted down. Bitcoin entered a lull, while altcoins followed close behind. Yet, the wheels of the crypto train have continued to spin. Twitter CEO Jack Dorsey revealed that his fintech upstart would eventually integrate Bitcoin’s Lightning Network, JP Morgan launched its own digital asset on a private Ethereum-based chain, a Filipino banking giant launched crypto ATMs, and Chainalysis secured millions amid this market rut. Crypto Tidbits Reality Shares Files Semi Bitcoin ETF, SEC Requests Application Withdrawal: Reality Shares, a […]

Crypto Market Wrap: Consolidation Continues as Weekend Begins

Crypto Market Wrap: Consolidation Continues, Is a Breakout Imminent?

Crypto consolidation continues; Litecoin still inching up, NEO making progress, everything else is flat. Crypto markets are looking a little erratic as we enter the weekend but in the grand scheme of things nothing has changed over the past seven days. Total market cap has crept up marginally but most tokens are still consolidating within their slim boundaries. Bitcoin has bounced of intraday resistance levels of $3,640 twice but is still holding above major support at $3,600. Lower highs have been made all week indicating that BTC […]

Chainalysis Secures $30M: Despite Bitcoin Crash, Crypto Venture Money Still Flowing

Chainalysis Secures $30M: Despite Bitcoin Crash, Crypto Venture Money Still Flowing

The so-called “crypto winter” has undoubtedly been tough on a majority of this ecosystem’s upstarts, even those with supposedly colossal war chests and copious amounts of talent. Heck, earlier this week, Ripple cut Bloomberg alumni Cory Johnson, the fintech firm’s chief market strategist, due to shifts in the Bitcoin winds. Bitmain, Huobi, and ShapeShift are also among industry powerhouses that have mandated staff cuts to bolster their bear market bottom lines. Other firms, such as Giga Watt and Liqui, have collapsed entirely. But interestingly, it seems that […]