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0 CommentsJPMorgan Chase & Co., an American multinational investment bank, believes that the world’s biggest cryptocurrency, Bitcoin, is 28% below its “fair price,” implying signs of “significant upside from here.” Bitcoin has also replaced real estate as one of JPMorgan’s preferred “alternative assets.” According to a note released on May 25, JPMorgan believes that cryptocurrencies like…
Breaking crypto news from the last week (May 21 – 27, 2022): May 21: The world’s most popular NFT marketplace OpenSea has unveiled a new Web3 protocol, Seaport, that allows anyone to set up new and decentralized NFT marketplaces. As per some members of the community, the protocol could become the “Uniswap moment” of NFTs….
The Toncoin cryptocurrency was developed independently, but the concept and first drafts got designed by Pavel Durov, the creator of the Telegram messenger. Hence the project’s market niche – it is digital money to pay for services within Telegram. What are Toncoin’s prospects and uses, and does it have a future – let’s find out!…
Su Zhu, the co-founder and CEO of Three Arrows Capital, admitted that he was wrong about the “Supercycle Thesis,” but he remains optimistic about the crypto. Before, he predicted that the crypto market would enter a Supercycle in February 2021. Back in February 2021, the co-founder of Three Arrows Capital, Su Zhu, predicted that the…
Gavin Wood, the co-founder of Ethereum and creator of Polkadot and Kasuma, shared his advice to crypto investors during the ongoing price plunge. While another veteran investor Jim Rogers expressed his “optimism about the future of crypto money.” After a market drop that wiped away more than $800 billion in value, British computer scientist and…
The Central Bank of Bahrain (CBB) has granted Binance, the largest global crypto exchange, a Category 4 license to operate as a crypto-asset service provider (CASP). The license allows it to offer a full-suite of crypto exchange services in Bahrain. Meanwhile, Binance will also be aiding Kazakhstan in the creation of a regional blockchain hub….
