The crypto dilemma: JP Morgan finally ‘looks into’ cryptocurrencies for adoption

Speaking during an extensive interview with CNBC News channel, Daniel Pinto- co-president at JPMorgan revealed that the company is currently looking at the cryptocurrencies space citing that the technology would play a significant role in the company moving forward. The…

The Wall Street Giant – Goldman Sachs introduces a new cryptocurrency

Circle, a payment startup company belonging to Goldman Sachs yesterday declared the launch of a new cryptocurrency named the Circle USD Coin. The USD coin is essentially the digital version of the dollar and the first cryptocurrency in the market…

New Index to Regulate Trading of Ethereum Futures at CME Group

Author – Sam Chicago-based CME group is living to the expectations of a large derivatives exchange company of its caliber. The operator is making preparations for a major milestone in the trading of a product in the ethereum futures. The…

Wall Street Company Plans to Establish Trading Platform for Bitcoin, Mainstream Adoption Imminent

Since the cryptocurrency media spotlight that started during the last quarter of 2017, mainstream adoption of cryptocurrencies has slowly begun. Just recently, reports say that Wall Street seriously considers profit making in the cryptocurrency market. According to Wall Street reports,…

The Irony: Goldman Sachs is Coming on Board with the Bitcoin Trading Operation A Decade After the 2008 Financial Crisis

It is interesting to note that one of the primary reasons Bitcoin started was due to the financial crisis of 2008. The downfall of Lehman Brothers in September 2008 followed by the huge bailouts using taxpayers’ money has completely highlighted…

Venezuela Government Launches their Commodity-Backed Cryptocurrency Petro and Offers India 30% Discount Off Crude Oil when Paid in Petro

New Cryptocurrency In late March 2018, President Nicolas Maduro officially announced the inception of petro (PTR), Venezuela’s new digital currency. He shares that PTR is backed by the country’s oil, gas, diamonds and gold with $735M being successfully raised on…

Huawei launches blockchain-as-a-service platform

Chinese telecommunications, telecom equipment, and services giant Huawei has recently publicly launched its blockchain platform. Their blockchain-as-a-service (BaaS) platform is built on Hyperledger. Readers are aware how cloud computing has brought in several as-a-service models that have fundamentally changed how…

3.5 Million Active Traders in Japan Adopt Cryptocurrency, Future of Global Cryptomarket Looks Bright

Positive news of more cryptocurrency adoption and trading are now coming from Japan. It has been recorded that 3.5 Million crypto traders are becoming more active in Japan according to recent data from Japan’s Financial Services Authority. In a survey…

IBM to enter $300 billion crypto market, following blockchain innovation

Several tech giants have announced their entry into blockchain, and are currently pursuing multiple projects, proof of concepts (PoCs), and pilot projects utilizing this technology. However, they have typically been silent vis-a-vis cryptocurrencies. This is changing now, with global tech…

Kevin O’Leary Talks about Bitcoin and Asset-Backed Cryptocurrencies

Blockchain technology is fast earning the reputation of the disruptive technology it is known for. Recent announcements by Kevin O’Leary have further spurred the adaptation of blockchain technology through the upcoming sales of one-third ownership of an extremely reputable NYC hotel…