Leading bank JP Morgan has launched JPM Coin, a blockchain-based token that is used as a settlement layer for their wholesale payments business. The lender’s wholesale payments business moves over $6 trillion daily around the world.
As of January 31, 2019, leading cryptocurrency exchange Binance has enabled credit and debit card payments. This is another strategic move for the company to not only grow their user base but also help push the crypto industry one step closer towards mainstream adoption.
Popular trading app Robinhood gains approval to allow New York residents to trade virtual currencies.
Today marks a milestone for the Bitcoin and broader cryptocurrency industry. It is Bitcoin’s 10 year anniversary. On January 3, 2009, Satoshi created the genesis block which sparked the blockchain industry we see today.
Mark Karpeles, the former CEO of defunct cryptocurrency exchange Mt. Gox reasserts his innocence during the closing arguments of his trial.
Price behavior in BTC has managed to hold up in an incredibly resilient fashion, and this brightens the outlook for those bullish on the space as we head into the final weeks of this year.
Against the U.S. dollar Bitcoin Cash has rallied sharply since the beginning of the month, and BCH/USD is currently posting a corrective move as a means to work off its overbought price conditions.
Bitcoin was bullish for the majority of last week, hitting new monthly high’s on optimism for more institutional investments, but it returned some of its recent gains on regulatory jitters. The SEC reportedly ended its public comment period on Bitcoin ETF applications, which suggests that a decision could be announced
|Williams %R (14)||-66.6406|
|Stochastic RSI (14)||67.1972|
|Ultimate oscillator (7,14,28)||47.004|
|Stochastic Fast (14)||33.3594|