Why JP Morgan’s ‘Bitcoin Killer’ isn’t Even a Real Cryptocurrency

JP Morgan Chase, the largest bank in the United States by a long shot, shocked the financial community on Thursday by launching its own blockchain product. For the purpose of this article, JPM Coin will not be referred to as a “cryptocurrency.” JPM CEO Jamie Dimon is a frequent target of derision in the crypto community, owing to his outspoken negativity as regards Bitcoin and the wider crypto markets. Dimon has frequently said that while he’s not a fan of Bitcoin, he believes the blockchain can be a boon to finance. Despite his years-long tirades, JP Morgan has been in

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Ripple (XRP) isn’t a Real Cryptocurrency, Claims Exchange that Just Listed the ‘Heavily Centralized’ Token

Ripple (XRP) is not a cryptocurrency, and it is heavily centralized in the hands of the corporate entity known as Ripple. That’s the opinion of a cryptocurrency exchange which listed XRP on its platform just one day ago. ‘XRP Is Not a Cryptocurrency’ The Coinmotion exchange, based in Finland, released this blog post just hours after listing Ripple on its trading platform, titled: “XRP is a Centralized Virtual Currency.” The post details the opinion of the exchange operators that XRP is not a typical cryptocurrency, is not backed up by a traditional blockchain, and that it is heavily centralized in

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South Korea’s Top Crypto Exchange Just Launched a Major Product, But is There Real Demand From Institutions?

Bithumb, South Korea’s largest Bitcoin exchange by trading volume, has launched an over-the-counter (OTC) trading platform that will allow deep-pocketed traders to exchange crypto assets off the books. In an official announcement, Bithumb Global Limited, a Hong Kong-based subsidiary of the South Korean exchange, said that it will cater services to institutional clients under the brand name Ortus. Is the Company Seeing Institutional Demand For Crypto? Since late 2017, various reports have claimed that the OTC market is significantly larger than the cryptocurrency exchange market. Last year, TABB Group estimated the OTC market of Bitcoin to be at least two

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Coinbase wants to reward its users for “educating” themselves about some of the lesser-known tokens. The real intention is of course to create an illusion of competence – users are more likely to buy things they think they understand & feel in control.

Coinbase wants to reward its users for "educating" themselves about some of the lesser-known tokens. The real intention is of course to create an illusion of competence - users are more likely to buy things they think they understand & feel in control. submitted by /u/Bitcoin1776
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