Blockchain and Cryptocurrency: People, Culture and Tech
Bitcoin’s tantalizing rise to $18,000—a 13% increase in the space of a week—still isn’t enough to impress JPMorgan Chase chief executive Jamie Dimon. However, that isn’t to say that Dimon is skeptical about digital assets or the power of blockchain technology.
Bitcoin struggled to maintain $13,000 support on October 29 as a rejection at $14,000 sparked 24 hours of downward price pressure. Data from price tickers including CoinMarketCap showed BTC/USD in a less bullish position on Thursday, briefly dipping back into the $12,000 range overnight.
In a move that will likely infuriate staffers further, Coinbase’s CEO Brian Armstrong has already violated the no politics policy that he was insistent on enforcing.
With the legal uncertainty finally over, Kin is poised to thrive as an active blockchain ecosystem, the Kin Foundation said. But, there seems to be some disagreement between the SEC and the Foundation over the status of the KIN token.
