4 Financial Moguls Who Are Still Hating on Bitcoin

Bitcoin and other cryptocurrencies tend to attract a lot of attention. Not all of this attention is positive, and financial experts often condemn Bitcoin for having no real value or future. The following list of individuals is ranked by their “clout” in the world, even though virtually all of these opinions will fall on deaf … Read more

Bitcoin Price Watch: Currency Jumps Ahead by $200

At press time, the father of cryptocurrency is trading for over $7,100. This is about $200 higher than where it stood just yesterday afternoon. One source suggests that bitcoin is still trapped in a selling rally, but that it’s enjoying a day of relief before the bears enter the fray once again. The currency has … Read more

JP Morgan Chase Eats Humble Pie, Applies for Blockchain Patent

U.S. Patent and Trademark Office revealed this week JP Morgan Chase applied for a patent related to blockchain back in October of last year. It’s quite the turnaround for the bank, which has been on record as one of bitcoin’s and cryptocurrency’s biggest critics. Also read: Venezuela’s President Launches Crypto Funded Youth Bank, Encourages Mining … Read more

JP Morgan Chase Hit With Million Dollar Class Action Crypto Lawsuit

The largest bank in the United States, JP Morgan Chase, found itself the subject of a federal class action lawsuit this week. The complaint alleges that after hindering customers from buying cryptocurrencies, the bank charged enthusiasts extra fees and higher interest rates. Also read: Bitgrail’s $170M Hack Continues to Provide Drama JP Morgan Chase Subject of … Read more

George Soros Is Rumored to Be Investing in Cryptocurrency

Billionaire octogenarian George Soros is reportedly taking an interest in cryptocurrency trading. If true, the move would be a remarkable turnaround for the business magnate, who’s previously been scathing of bitcoin, calling it a bubble and a tool of dictators. Also read: George Soros: Bitcoin is Propped Up by Dictators Soros Eyes an Entry into … Read more