ETC Group Releases Bitcoin Cash Report Praising High Usage and Vibrant Develo...
ETC Group, an ETF issuer company, released a report last month about the evolution of Bitcoin Cash in the years after the hard fork that created it. While the company acknowledged the asset price is lagging compared to its older sibling, it praised the crypto on other aspects like development and actual usage. Bitcoin Cash has improved regarding these two metrics, likely helped by the inclusion in several important platforms such as Paypal. Bitcoin Cash Examined by ETC Group ETC Group, a financial services company based in London, has issued a report on Bitcoin Cash. The report,....
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After JPMorgan analysts praised bitcoin, saying that the price of the cryptocurrency could triple, JPMorgan reveals that it has set up a dedicated crypto unit and its own cryptocurrency is now being used commercially by a large tech company for the first time. JPMorgan’s Crypto Now Used Commercially Global investment bank and financial services company JPMorgan Chase has set up a dedicated crypto business unit called Onyx with more than 100 staffers, CNBC reported Tuesday. JPMorgan’s announcement came after a team of analysts at the firm’s Global Markets Strategy group....
This is quite surprising news, considering how several Bitcoin exchanges in the country have shut down in 2015. Consumers in Canada are looking for alternative payment options, as they seem to grow tired of cash payments. Contactless payments are doing quite well so far, and online payments are booming. But what is of real interest is how the usage of Bitcoin has doubled in 2015. Similar to most countries around the world, Canadian consumers are flocking to cashless payment options. That being said, the usage of cash is starting to decline in the country, albeit it is not going at a fast....
The global war on cash, initiated by some of the leading economies and governments across the world, is starting to impact financial ecosystems. According to various sources, cash usage in countries including the US, South Korea and Denmark has decreased drastically and is presumed to decline even more in the foreseeable future. As cash continues to....
The ATM Industry Association has today released a commission report written by the Tremon Capital Group - a large consulting firm that specializes in the ATM industry. Entitled "An Introduction to Bitcoin ATMs", the report covers the topic of the ever-increasing amount of bitcoin ATMs, if you haven't already guessed by the name. "We've been asked as an industry body to comment on the significance of Bitcoin and digital currencies to the ATM and cash industries," said Mike Lee, ATMIA CEO. "This paper is our first report of many which will enable us to draw some logical conclusions about how....
The plot thickens. Did the supposed Tornado Cash developer arrested in The Netherlands have ties to a Russian security agency? Is a job in 2017 for a company with tenuous connections to Russia enough to justify the arrest? As Bitcoinist told you and reiterated, there had to be another reason that FIOD and the OFAC […]