Bitcoin and other cryptocurrencies have nothing to be afraid of. Bloomberg’s recent report has been officially refuted, as JPM Coin is not even a crypto.
As the payment flow of JPM Coin demonstrates several of Ethereum’s core benefits for the finance and banking industry, some are afraid of the impact JPM Coin may have on other coins, including Bitcoin, XRP, and the crypto market in general.
Netflix shares jumped 6.5 percent after the video streaming company said it was raising prices for its U.S. subscribers. Other internet stocks, including shares of Alphabet Inc , Amazon.com Inc and Apple Inc, also rose following the announcement.
At the end of the year, we’ve put together a list of the biggest predictions made by blockchain and crypto enthusiasts, revealing which loud forecasts failed and which turned out to be true in the expiring year.
JPMorgan Chase Bank’s Quorum blockchain is to be deployed for tokenizing gold bars to ensure direct trade between entities.
JPMorgan’s payment project based on blockchain technology has welcomed more than 75 banks that are ready to participate in trials.
Crypto sphere attracts all the more attention winning minds of governments, top industrialists and businessmen. Now richest bankers and the whole dynasties take the lead in this crypto expansion.
J.P. Morgan Chase Chairman and CEO Jamie Dimon has taken back his critical words about bitcoin admitting the usability of blockchain technology for financial markets, even though he still has no desire to deepen into the subject that much.
JP Morgan, one of the largest banking institutions in the United States, is looking at allowing its clients to trade bitcoin futures, while its Chief Executive James Dimon stays negative to Bitcoin believing it’s a fraud.