JPMorgan Chase Starts Accepting Bitcoin Businesses for Banking Services

JPMorgan Chase has reportedly started providing banking services to bitcoin businesses, with the first two clients being Coinbase and Gemini exchanges. JPMorgan also recently recommended having cryptocurrency in investment portfolios as its CEO, Jamie Dimon, changed his mind about bitcoin. JPMorgan Chase’s Bitcoin Clients JPMorgan Chase & Co. has reportedly started to accept clients from … Read more

Bitcoin Price Analysis for May, 12th – BTC Volatility Sweeping Off Scale

By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, May 12th, the BTC rate remains volatile but investors are ready to buy. The cryptocurrency is generally trading at 9000.00 USD. As for the BTC dynamics on D1, during the last week, the quotations of the leading cryptocurrency reached the psychologically important level of 10000.00 USD and … Read more

Bitcoin’s Third Halving Complete: Reward Cut Surprisingly Faster Than Previous Time Estimates

The Bitcoin blockchain has experienced its third block reward halving on May 11, 2020, at approximately 3:21 p.m EST, even though quite a few countdown clocks estimated that the halving would occur on May 12. Bitcoin miners now get 6.25 BTC per block rather than the 12.5 BTC they acquired before the halving. On Sunday, … Read more

Bank of England Predicts Worst Economic Crash in 300 Years for UK

The Bank of England has predicted the worst economic crash since the Great Frost of 1709. Economists are less optimistic than the central bank about the rate of recovery for the UK economy. “Current conditions are unprecedented in our lifetime and all forecasters are struggling to make out where the economy stands now,” one economist … Read more

Quantitative Hardening: Dissecting the Third Bitcoin Halving, 3 Key Data Points to Watch

In a touch more than 24-hours time, the third bitcoin halving will take place on May 12, 2020, on or around 9:50 p.m. ET. Miners will see their revenues slashed in half from 12.5 coins to 6.25 BTC after the halving and speculators wonder what will happen after the event. Currently, according to Google Trends … Read more

Chinese Court Rules Bitcoin Is Asset Protected by Law

A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under Chinese law; the court disagreed, … Read more

Award-Winning Filmmaker Torsten Hoffmann Launches Bitcoin Documentary Cryptopia

This week filmmaker Torsten Hoffmann launched the cryptocurrency-infused documentary “Cryptopia: Bitcoin, Blockchains and the Future of the Internet.” Cryptopia discusses the powerful economy and flourishing ideas that stemmed from Satoshi’s invention through the eyes of some of the industry’s well known movers and shakers. Cryptopia: Bitcoin, Blockchains and the Future of the Internet The three-time … Read more

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