JPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances.JPMorgan Settles a Crypto Class Action LawsuitJPMorgan Chase allegedly overcharged its customers who bought cryptocurrencies with […]

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Goldman Sachs isn’t convinced there’s a case for investing in cryptocurrencies like bitcoin. Crypto evangelists — perhaps unsurprisingly — aren’t impressed with its assessment. The U.S. bank’s consumer and investment management division released a slide deck ahead of an investor call Wednesday, examining the impact of the coronavirus outbreak on the U.S. economy. A sizable chunk […]

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Samsung Blockchain users in the U.S. and Canada can now connect to Gemini’s mobile app to buy, sell and trade crypto after the companies built an integration between the two applications.  The Samsung Blockchain Wallet allows users to self-custody crypto directly on their Samsung Galaxy phones.  With Gemini Custody, Samsung users can now also transfer their crypto […]

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After a couple of failed attempts, bitcoin price was able to clear the USD 9,050 resistance level. BTC even recovered above the USD 9,200 resistance, but it struggled to continue higher. It is currently (08:30 UTC) correcting lower and it might find support near USD 9,050 or USD 9,000. Similarly, there was a decent increase in […]

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The recent Bitcoin halving caused a number of investors to return to old habits, with intense and rampant speculation beginning to circulate across social media, which prompted some to call for a $100,000 price prediction within the next two years. And while this is most certainly a possibility, it is important to remain grounded and understand […]

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Bitcoin, the world’s most valuable cryptocurrency by a wide margin, is treading water after rallying hard since its March crash. The bitcoin price failed to breach $10,000 last week and has been trending downward since—despite a raft of bullish signals. Now, as a number of smaller cryptocurrencies and bitcoin rivals make big gains, one tiny token has […]

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As part of the partnership, the tech giant is assisting Theta with its Mainnet 2.0 launch, a hard fork happening around noon Pacific time on Wednesday, said Theta Labs CEO Mitch Liu. “Theta is unique in that their video delivery network needs both a reliable, high-performance network – which we provide via our premium network tier […]

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As Bitcoin staged a remarkable rebound of 150% from its March 2020 lows, most of the altcoin markets rallied in similar trends to hit new recent highs. Ethereum, EOS and Ripple have all moved higher, even outperforming the top cryptocurrency in the lead up to its halving. However, Bitcoin’s recent struggles above $9k and subsequent drop […]

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The majority of top traders on Binance Futures are longing Bitcoin (BTC), Ether (ETH), and 8 other cryptocurrencies. In fact, more than 50% of traders are long on 10 crypto assets despite the current decline in the price of BTC.According to Binance, the current futures positions over the past 24-hours are:The data indicates the majority […]

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With trillions upon trillions of coronavirus stimulus pilling up, the Fed’s balance sheet, along with the U.S.’s monetary base, is exploding like never in history.To complicate matters further, U.S. Federal spending budget is about $3.4 trillion in the red, and national debt to GDP ratio is approaching 120%. Furthermore, it is not just the U.S., […]

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