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Here’s Why Bitcoin’s Future is so Bright: Digital Currency Group Exec

Bitcoin tanked in 2018, but the future of cryptocurrencies remains bright because you can’t stop progress. That’s the assessment of Travis Scher, a vice president at crypto investment firm Digital Currency Group. Continue reading Here’s Why Bitcoin’s Future is so Bright: Digital Currency Group Exec

Anti-Bitcoin JP Morgan CEO Jamie Dimon: No Recession Ahead, Dow is Rebounding

Jamie Dimon — the anti-bitcoin CEO of JPMorgan Chase — says a global recession is not coming, so everyone needs to “take a deep breath” and chill out. Dimon said the Dow and other stock market indices are merely experiencing a temporary hiccup, but that doesn’t mean the US economy will slide into a recession anytime soon. Continue reading Anti-Bitcoin JP Morgan CEO Jamie Dimon: No Recession Ahead, Dow is Rebounding

Op-Ed: Why the Bitcoin Bubble Burst is Good for Crypto

Even the most ardent crypto evangelist must admit that bitcoin appears to have been the worst investment of 2018, at least in pure dollar terms. The cryptocurrency has lost almost 80 percent of its market capitalization since it established an all-time high at around $327.15 billion. The adoption rate and volume have dropped likewise. Organizations that were planning to launch their bitcoin-based services have delayed their projects or scrapped them entirely. As any seasoned trader would say, the bitcoin bubble is bursting — or has burst already. Continue reading Op-Ed: Why the Bitcoin Bubble Burst is Good for Crypto

Bitcoin Bulls Ready to Run, Why Crypto is About to Take Off Again

Over the past 12 months Bitcoin has continued to fall, dragging the entire crypto market down with it. The daddy of all digital currencies hit a 16 month low in mid-December when it fell below $3,200. Things could be on the verge of a reversal soon though according to analysts. Continue reading Bitcoin Bulls Ready to Run, Why Crypto is About to Take Off Again

Analyst Suggests Usage of Crypto Tokens on DApps is Minimal, Raising Concerns

According to research conducted by Digital Asset Research, the very raison d’être of many crypto coins and tokens may be in question. In a report circulated with paid members of the group, the usage of the ZRX token on the 0x decentralized exchange platform was examined. Continue reading Analyst Suggests Usage of Crypto Tokens on DApps is Minimal, Raising Concerns