JP Morgan praises Bitcoin as a better hedge than gold
Oct 12, 2021 09:11 am UTC| Digital Currency Economy
American investment banking firm JP Morgan Chase said in a note to investors that the cryptocurrency is growing in valuation and serves as a better hedge against inflation than gold. While Bitcoin investors had stated...
Cryptocurrency: Bitcoin is ‘worthless’ says JPMorgan Chase’s Jamie Dimon
Oct 12, 2021 08:46 am UTC| Business Digital Currency
Bitcoin has no real value or use, and this was declared by JPMorgan Chase Cos chief executive officer, Jamie Dimon. At the Institute of International Finance conference that was held on Monday, Oct. 11, he called the said...
Oct 12, 2021 06:40 am UTC| Business Digital Currency
Cryptocurrency is starting to go mainstream as more and more nations, groups, and institutions are adopting the use of digital currencies for payments and other transactions. El Salvador is the first country to legalize...
Ex-UK finance minister Hammond joins cryptocurrency firm Copper.co
Oct 12, 2021 02:23 am UTC| Digital Currency Business
Former UK finance minister and foreign secretary Philip Hammond has joined cryptocurrency trading firm Copper.co as a senior adviser to help strategize its global expansion. Hammond, who is known as one of the...
FxWirePro- Top altcoins for the day (Strength index)
Oct 11, 2021 11:33 am UTC| Technicals Digital Currency
Top Altcoins Strength Index (4- hour chart calculated using EMA and Average directional index ) Pair Value Recommendation MINAUSD 385 Strong...
NFT: McDonald's China unveiled 188 ‘Big Mac Rubik's Cube’ NFTs for its 31st-anniversary celebration
Oct 11, 2021 09:38 am UTC| Business Digital Currency
McDonalds China has released a total of 188 non-fungible tokens that it calls the Big Mac Rubiks Cube NFTs. These digital assets were distributed to the companys employees and customers as part of its giveaway event as it...
Cryptocurrency: El Salvador is building a veterinary hospital using gains from Bitcoin operations
Oct 11, 2021 08:48 am UTC| Business Digital Currency
El Salvador is the very first country to adopt cryptocurrency as a legal tender, and now it sees the benefits from this move. It was reported that the country has already gained millions from its Bitcoin operations, and...
FxWirePro- Major Economic events for the day