Bitcoin (BTCUSD) is resuming its uptrend after spending the first 2 weeks of H219 consolidating in the ~7500-8500 range, with BTCUSD bulls now eyeing the next major psychologically key whole figure level of 10k. Although overbought on the weekly and daily Stochastics, the upsloping weekly MACD suggests any dip this week towards uptrend/ascending wedge support…
I Sold My Soul in Bitcoins, by Jake Adelstein Prologue I sold My Soul in Bitcoins, by Jake AdelsteinBefore the police knocked on the door, they called, and a week before they called, they politely leaked to the Japanese press that they would be arresting Mark Karpeles, the former CEO of failed bitcoin exchange, Mt.…
1. Introducing … JP Morgan Coin? JPMorgan Chase is the largest U.S. bank, sixth largest in the world. It holds over US$2.6 trillion in assets. In the cryptocurrency community its CEO Jamie Dimon is most known for calling Bitcoin a ‘fraud’ and that he’d fire any employee trading Bitcoin for “being stupid.” On February 14,…
Bitcoin (BTCUSD) prices fell this week from a 4 month high but remains above the psychologically key $5,000 mark. Longer term investors are increasingly taking advantage of price dips as the overall industry gains more interest from mainstream technology and financial institutions. Facebook is reportedly developing a coin for its WhatsApp messenger app while JPMorgan…
Bear markets are painful. Plain and simple. Looking back, there were numerous signs in mid-to-late 2017 a price bubble was forming. But then again, hindsight is always 20/20. It’s important (and if nothing else reassuring) to remember: we’ve been here before. Bitcoin surged more than 10x in the second half of 2013, peaking over $1,000…
If you are looking for the plumbing of the global financial system, you don’t look for the shiny new protocols; you look for the entities that quietly move the world’s money. Bottomline Technologies is one such entity. As a top-three SWIFT service provider, it processes over $16 trillion in annual payments across a network of…
The next 48 hours highlight the widening gap between Washington’s legislative pace and Wall Street’s infrastructure roadmap. On September 15, the Senate faces a cloture vote on the CLARITY Act. By September 16, the industry pivots to the mainnet launch of Circle Arc. One event tests whether the government can define the rules of the…
BitGo Holdings (NYSE: BTGO) is paying up to $57.5 million to acquire NYDIG’s institutional trading business, but the real value of the deal lies in the 250 institutional client relationships that come with the package. While the headline figure includes a $15 million earnout contingent on revenue milestones, the acquisition of these asset managers, hedge…
At the Jackson Hole Economic Policy Symposium this week, the theme was “Financial Innovation: Implications for Payments and Policy.” It was the perfect stage for the Federal Reserve to address the rapid evolution of digital assets. Instead, the new Fed Chair, Kevin Warsh, delivered a 3,000-word keynote that functioned as a masterclass in strategic omission.…
When a state government treats its blockchain infrastructure with the same scrutiny as a traditional banking core, the industry has moved past the era of experimental protocols. On August 18, 2026, the Wyoming Stable Token Commission finalized the migration of its FRNT stable token from LayerZero to Chainlink CCIP. This is not merely a technical…