Competition Heats Up at Bitcoin Job Fair
Plug and Play Tech Center played host to the second annual Bitcoin Job Fair this Saturday, an event that brought industry startups big and small together with a new wave of job seekers for a busy all-day affair. More than 20 companies including 21 Inc, BitPay, BitGo and ChangeTip filled a conference hall crowded with roughly 350 job seekers of all ages and interest levels. Plug and Play FinTech director Scott Robinson said the biggest contrast to 2014's inaugural event was that participating startups were better capitalized and farther along in product development. Robinson indicated that....
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JPMorgan’s analysts have made a case that bitcoin’s price could reach $146,000 as the cryptocurrency’s competition with gold heats up. Meanwhile, the firm’s global strategist sees the current bitcoin bull run as being similar to the bull run of 2017. He warns of three risks that could affect bitcoin’s outlook for 2021. JPMorgan Sets Bitcoin’s Price Target at $146K JPMorgan published a report Monday on bitcoin’s valuation and future outlook. “We cannot exclude the possibility that the current speculative mania will propagate further, pushing....
A strategist at JPMorgan stated that ether’s fair value is way lower than its current price. According to a set of measurements based on network activity, he calculated ether’s value at $1,500, 55% lower than its market price. One of the reasons argued for this assessment, is that Ethereum is not so unique anymore, and it is facing tough competition from other chains like Solana and Avalanche.
JPMorgan Strategist Thinks Ether Is Overvalued
Nikolaos Panigirtzoglou, Managing Director of JPMorgan, stated that he thinks ether (ETH), the native asset of the Ethereum....
Competition between derivatives exchanges, which was already fierce, has gotten hotter with the arrival of GlobeDX onto the scene. The exchange, which specializes in derivatives, is set to hold its public token sale on April 30 after completing an $18 million private round. Several leading blockchain VCs participated in the round to support Globe’s goal […]
Brazil-based cryptocurrency asset management platform, Hashdex has applied for the approval of a dual ETF, consisting of both Bitcoin and TH, the world’s largest cryptocurrencies. This development comes as the Spot Ethereum ETF race heats up in anticipation of an official debut before the end of the year. Hashdex Files Combined Bitcoin And Ethereum ETFs […]
Hester Street Fair located in the heart of the Lower East Side is the largest pushcart market in New York City. Now in its fifth season, the market is dotted with 60 to 90 small businesses selling anything from artisanal food to vintage clothing to handmade arts and crafts. Next weekend, like every other Sunday, the market will be up and buzzing, but with a twist in the tale. The entrance of Hester Street Fair in New York. Starting 15th June, more than 30 vendors at the Hester Street Fair will be trading their artisan goods for bitcoin every Sunday until the end of October. Over its....