Bitcoin price broke the key $3,860 resistance and traded to a new weekly high against the US Dollar.The price is losing bullish momentum, but it is likely to continue above $3,900 and $3,940.There is a key bullish trend line formed with support at $3,850 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair must break the $3,890 and $3,900 resistance levels to continue higher in the near term.Bitcoin price climbed higher slowly above $3,840 and $3,860 against the US Dollar. BTC could continue higher towards the $4,200 resistance, with supports at 3,820 and $3,760.Bitcoin Price AnalysisIn the past two days, there was a solid comeback by bitcoin price above the $3,760 resistance against the US Dollar. The BTC/USD pair followed a bullish structure and broke the $3,820 resistance level. There was even a close above the $3,800 level and the 100 hourly simple moving average. Later, there were a couple of rejections near the all-important $3,860 resistance. Finally, buyers gained momentum and pushed the price above the $3,860 resistance. A new weekly high was formed at $3,892 and the price is currently placed nicely in an uptrend.It recently corrected below $3,880 and the 23.6% Fib retracement level of the recent rise from the $3,823 low to $3,892 high. However, there is a good support forming near the $3,850 level. It coincides with the 50% Fib retracement level of the recent rise from the $3,823 low to $3,892 high. More importantly, there is a key bullish trend line formed with support at $3,850 on the hourly chart of the BTC/USD pair. If there is a downside break below the trend line, the price could test the $3,820 support level.On the other hand, if the price clears the $3,890 and $3,900 resistance levels, there are high chances of more gains. The next key target for buyers could be $4,000, above which the gates could open for a test of $4,200. An intermediate resistance is near the $4,120 level.Looking at the chart, bitcoin price is staging for more gains above the $3,900 resistance. Having said that, there could be a short-term downside correction below $3,850. In the stated case, the price must hold the $3,780 level and the 100 hourly SMA. If it fails, there are possibilities of a trend change and the price could decline to $3,700.Technical indicatorsHourly MACD – The MACD is showing positive signs for a move into the bullish zone.Hourly RSI (Relative Strength Index) – The RSI for BTC/USD tested the 70 level and it is currently correcting lower.Major Support Level – $3,850 followed by $3,820.Major Resistance Level – $3,890, $3,900 and 3,980.
Archives for March 6, 2019
The total crypto market cap gained traction and broke the key $128.0B resistance level.Binance coin (BNB) price rallied further and broke the $14.00 and $15.00 resistance levels.Litecoin (LTC) price is up more than 10% and it is about to test the $60 resistance.Bitcoin cash price is slowly moving higher towards the $136 and $138 resistance levels.Tron (TRX) price seems to be struggling near the $0.0240 resistance level.Binance coin (BNB) and litecoin (LTC) rallied and dragged the crypto market higher. Bitcoin (BTC), Ethereum (ETH), ripple, bitcoin cash, TRX, XLM and EOS are likely to continue higher.Bitcoin Cash Price AnalysisRecently, bitcoin cash price started a decent upward move and traded above the $130 resistance level against the US Dollar. The BCH/USD pair recently settled above the $132 resistance and it seems like it could even surpass the $136 resistance level in the near term.The next main resistance is near the $138 level, followed by $140. A successful break above the $140 resistance could open the doors for a larger recovery towards the $150 level.Binance Coin (BNB), Litecoin (LTC) and Tron (TRX) Price AnalysisBinance coin (BNB) price surged higher and broke the $14.00 and $15.00 resistance levels. BNB price is up more than 15% and it single handily dragged the crypto market higher in the past few sessions. The next stop for sellers could be near the $16.50 level, above which it may test the $18.00 level. If there is a downside correction, the $15.00 and $14.00 levels are likely to act as solid supports.Litecoin price also followed a bullish path and broke the $55.00 resistance level. LTC price is up more than 10% and it seems like buyers are aiming for the $60.00 resistance level in the coming sessions. If there is a downside correction, an initial support is near the $56.00 level. However, the main support is near the $55.00 level.Tron price recovered recently above the $0.0230 resistance level against the US Dollar. However, TRX price faced a strong resistance near the $0.0240 level and it is currently trading in a tight range above the $0.0232 support.Looking at the total cryptocurrency market cap hourly chart, there was a break above the key $128.0B resistance level. The market cap is slowly moving higher towards the $130.0B resistance. If there is an upside break above the $130.0B level, there could be more upsides towards the $134.0B and $135.0B resistance levels in the near term. The overall market sentiment is very positive, with chances of more upsides in bitcoin, Ethereum, EOS, litecoin, ripple, BNB, BCH, TRX, ICX, XLM and other altcoins in the near term.
Ripple price traded higher nicely and settled above the $0.3100 support area against the US dollar.The price traded as high as $0.3198 recently and later corrected a few points below $0.3160.There is a key ascending channel in place with support at $0.3145 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is likely to accelerate higher once it breaks the $0.3200 resistance area in the near term.Ripple price is positioned for more upsides against the US Dollar and bitcoin. XRP/USD could rally towards $0.3250 and $0.3300 once it clears the $0.3200 resistance zone.Ripple Price AnalysisYesterday, there was a solid recovery in the crypto market, with gains in bitcoin, Ethereum and ripple against the US Dollar. The XRP/USD pair broke the $0.3080 and $0.3100 resistance levels to move into a bullish zone. Buyers even pushed the price above the $0.3120 resistance and the 100 hourly simple moving average. The upward move was strong and the price recently traded towards the $0.3200 resistance. Yesterday’s buying dips idea worked, but gains were capped by the $0.3200 resistance.A swing high was formed at $0.3198 and later the price corrected lower. It broke the $0.3160 support and the 50% Fib retracement level of the last wave from the $0.3088 low to $.3198 high. However, the decline was protected by the $0.3140 support area. Besides, the 61.8% Fib retracement level of the last wave from the $0.3088 low to $.3198 high acted as a support. The price recovered and it is currently trading above the $0.3160 level.More importantly, there is a key ascending channel in place with support at $0.3145 on the hourly chart of the XRP/USD pair. The pair could continue to move higher towards the $0.3200 resistance in the near term. If there is a proper break above the $0.3200 barrier, the price could accelerate higher towards the $0.3250 level. The next key resistance is near the $0.3300 level, where sellers may emerge. On the downside, a bearish break below the channel support might push the price towards the $0.3100 support.Looking at the chart, ripple price is clearly placed nicely in a positive zone above the $0.3100 support level. However, the main support is near the $0.3080 level and the 100 hourly SMA. If there is a break below $0.3080, the price may turn bearish again.Technical IndicatorsHourly MACD – The MACD for XRP/USD is currently flat, with signs of a move back in the bullish zone.Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is currently placed nicely above the 50 level.Major Support Levels – $0.3140, $0.3100 and $0.3080.Major Resistance Levels – $0.3185, $0.3200 and $0.3250.
ETH price corrected a few points, but dips remained supported above the $134 level against the US Dollar.The price is slowly grinding higher towards the $139-140 resistance area and it is likely to surpass it.There is an ascending channel in place with support at $136 on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely to continue higher towards $145 as long as it is above the $134 support area.Ethereum price is trading with a bullish bias against the US Dollar and bitcoin. ETH/USD could surge to a new monthly high if it breaks the $140 resistance level in the near term.Ethereum Price AnalysisRecently, we saw a sharp upward move above the $130 resistance in ETH price against the US Dollar. The ETH/USD pair climbed above the $132 and $134 resistance levels to move into a positive zone. Finally, there was a close above the $134 level and the 100 hourly simple moving average. The price extended gains and tested the all-important $140 resistance level, where sellers emerged. Later, there was a downside correction below the $138 level. Sellers pushed the price below the 50% Fib retracement level of the recent rise from the $132 low to $140 high.However, the drop was protected by the $135 support level. Besides, there was no close below the 61.8% Fib retracement level of the recent rise from the $132 low to $140 high. The price recovered and it is currently trading nicely above the $136 level. Moreover, there is an ascending channel in place with support at $136 on the hourly chart of ETH/USD. The pair is likely to continue higher and it could retest the $140 resistance area.A successful close above the $140 barrier may open the doors for more gains. The next stop for buyers could be near the $144-145 zone. On the other hand, the channel support at $136 might continue to hold losses. Below $136, the price is likely to test the $134 support level. The main support is near the $133 level and the 100 hourly simple moving average.Looking at the chart, ETH price is signaling more gains above the $139 and $140 resistance levels. Once there is a close above $140, it could really lift the market sentiment for bitcoin, Ethereum, ripple, EOS, bitcoin cash, litecoin and other cryptocurrencies in the near term.ETH Technical IndicatorsHourly MACD – The MACD for ETH/USD is about to move back in the bullish zone.Hourly RSI – The RSI for ETH/USD is placed well above the 60 level and it is moving higher towards the 70 level.Major Support Level – $134Major Resistance Level – $140
SIX Group, the Swiss stock exchange operator, has picked R3’s Corda Enterprise platform as the underlying blockchain for the digital asset trading, settlement, and custody service it is building.
Revealed exclusively to CoinDesk, SIX chose Corda Enterprise after spending a good deal of time kicking the tires of various distributed ledger technology (DLT) stacks, for several reasons: firstly, because the technology was designed for a highly regulated space, but also because of the flourishing open-source Corda ecosystem.
Sven Roth, the chief digital officer at SIX Digital Exchange (SDX), said the fact that Corda spans other areas beyond capital markets such as insurance and stretches to things like identity also was a factor. He told CoinDesk,
“This was very important to us because when we assessed different vendors, some of them were very focused on niche offerings and limited in their scope to very specific areas, such as post-trade for instance, and we didn’t want to be limited to just that area of expertise. We assessed a lot of vendors and technology stacks – all the ones you can imagine.”
As stated back in July of last year, the goal for SDX is creating a regulated exchange platform for digital assets, starting with stocks and then exploring other tradable instruments and even growing to encompass tokenized versions of more esoteric physical assets such as fine art.
Roth said the platform, which will be launching in the second half of 2019, will begin with classical bankable assets such as equities, bonds, funds and structured products “that are already living on our DLT.”
“One of those [asset classes] will be available at launch. Then we have others living at the [central securities depository] of SIX today that then will be tokenized. We said we first want to have products that are only available on our DLT because then you don’t have issues with split liquidity, with who is the CSD and so on.”
Another area of focus for SIX is the handling of so-called security token offerings (STOs). Indeed, in an interview with Reuters last month SIX chairman Romeo Lacher said the exchange plans to eat its own dog food, so to speak, by looking to raise some money itself via an STO.
A SIX representative said this was something being considered but added no further detail on those plans. Roth confirmed that a regulated boilerplate for STOs, in general, was a central plank of the project.
“As you can imagine we need some product to define in the future what we would call security token offering or initial digital offering – so what today is an IPO.”
He added that a balance has to be achieved to provide “a reasonable MVP [minimum viable product], but not go overboard on what will be available at launch.”
The selection of Corda Enterprise, the paid-for version of the platform as opposed to the open source Corda, is a significant win for R3, coming on the heels of last week’s news that blockchain builder MonetaGo had switched its underlying architecture from Hyperledger Fabric to Corda.
Speaking of the SIX deal, Charley Cooper, a managing director at R3 said,
“The first thing that’s important is the fact that a mainstream influential financial market infrastructure player has decided to launch an exchange for digital assets and do it on blockchain technology.”
Cooper went on to say the deal is a validation for Corda’s built-for-business approach, adding, “For these platforms to work for highly complex and heavily regulated markets and participants, you can’t take a traditional old style public version of blockchain and try to retrofit it to handle enterprise needs around privacy and scalability.”
The first commercial licensing of Corda Enterprise was last year with Dutch bank ING, but this is the first sale to a financial market infrastructure (FMI) provider, noted Cooper.
(Another in the offing could come out of a recent proof of concept with SWIFT, integrating the Corda Settler application, an open source payments engine built by R3.)
Neither will it be the first time Corda has been used to tokenize equities. This was done by European collateral lending platform HQLAx which is now working closely with Deutsche Borse.
Cooper pointed out that many R3 members and investors are also SIX stock exchange trading members and ready to leverage the combined technologies.
That list includes ABN AMRO, Barclays, BNP Paribas, Citi, Commerzbank, Credit Suisse, CS Affiliates, Deutsche Bank, HSBC, Natixis, RBC, SocGen and UBS.
Summing up, Cooper framed R3 landing SIX as a vindication for enterprise DLT in general – though he couldn’t resist taking an implicit jab at competitors, concluding:
“You hear rumblings in the industry – is this real? The answer is actually ‘yes’. This is real and we are about to show it even if others haven’t been able to.”
Image courtesy of R3
For many of the unconverted in the so-called developed world, Bitcoin is seen as something for speculators at best and criminals at worst. However, as the highly respected Bitcoin evangelist Andreas Antonopoulos argues, one of the most revolutionary adoption cases for Bitcoin won’t be in the United States, UK, or Australia.In these countries and other “first world” nations, adequate banking services are seen as a given and are largely taken for granted. Across much of Africa, by contrast, bank accounts are difficult to set up, inconvenient, and expensive.Is Bitcoin Tailor Made for Africa?Huge parts of the African continent lack adequate banking facilities. A report in Elixirr states that as much as 66% of the population living in Sub-Saharan Africa have no bank account. With a population over 2.16 billion in 2016, this is a lot of people who could be potentially served by Bitcoin.The opportunity for Bitcoin in Africa was highlighted by Twitter user @Cryptokoala_Aus earlier today. The infographic pictured below was first published in 2016 by Africa Key Partners, however.When you see it, what #Bitcoin can do for the unbanked in Africa and how prime it is pic.twitter.com/YEDRT5v27F— 🐨 Crypto Koala 🇦🇺 (@Cryptokoala_Aus) March 6, 2019As you can see from the above image, 167,335,676 people on the the continent use the internet and 11 percent have access to a broadband connection. Naturally, since the above infographic is now over two years’ old, we can assume that these figures are higher today as well. With such high levels of internet users and low levels of banking access, Africa could well be already primed and waiting for a spark that starts massive Bitcoin adoption.You can also see from the Tweet above that posted by @Cryptokoala_Aus, several African nations suffer from excessively inflating currencies. Being deflationary by design, Bitcoin could not only provide banking access to the hundreds of millions of people living with internet access yet no banking facilities, but also present an option for them to opt out of the currency pushed by their often-corrupt national governments in favour of something highly resistant to banking malpractices.Is Africa Waking Up to Bitcoin?Two useful, yet ultimately inconclusive metrics, to measure the rate of Bitcoin adoption are the number of Bitcoin trades occurring from within a given territory and the number of companies choosing to accept the digital currency in exchange for goods and services.Firstly, the trading volumes reported by CoinDance show that over 1,380 BTC changed hands on Local Bitcoins in regions covered by the analytics service. This is by no means a complete list of African nations and their Bitcoin trading. However, notable contributors to this total were Nigeria with 903, South Africa with 288, and Kenya with 88.Comparisons to other important markets seem favourable to the African continent at first glance with a higher Local Bitcoins total than all of Europe, which at 803 actually traded less than Nigeria alone last week on the peer-to-peer platform. However, their are multiple issues with this comparison.Most notable of these is that European citizens have far better access to the banking infrastructure and necessary forms of identification required to trade Bitcoin at more formal exchanges such as Binance, Coinbase, or Kraken. This is highlighted by the fact that Data.Bitcoinity.org reports over 53,000 BTC was traded on centralised exchanges using the Euro currency over the week period referenced above. This compares to a total of zero listed for African currencies.Supporting this view of an African continent yet to embrace Bitcoin is data from CoinMap.org, a website focused on showing businesses that accept the digital asset. Here, Africa is the largest untouched landmass:Does Africa’s low Bitcoin acceptance rate and high numbers of internet users provide an opportunity for Bitcoin [Source: CoinMap.org]There is clearly a lot of potential for Bitcoin use to spread across the continent of Africa. Issues with corruption, inflation, and a lack of banking options seem the norm rather than the exception. According to the Elixrr report, many in the African nation of Uganda actively shun banks on the grounds of distrust too. All this combines to make Africa a potentially highly receptive part of the world for Bitcoin adoption.Competition for Bitcoin: The Rise of the Mobile Money Service ProviderHowever, African nations have recently been noted as those most embracing of mobile money service providers. M-Pesa is one such provider that now boasts 30 million users across seven African nations. In fact, Africa has reportedly seen the fastest penetration of non-bank payment service providers. The Elixxr report states that there were more registered accounts with mobile money service providers in 2016 than there were registered bank accounts across the region.Evidently, Bitcoin faces strong competition from these firms that are rapidly establishing themselves in place of banks for small business owners across Africa. However, the fight to bring parts of the continent into the increasingly connected global economy is by no means lost for the world’s number one cryptocurrency. After all, Bitcoin remains far more useful for those living in corrupt jurisdictions since it exists entirely outside said corruption. Related Reading: Global Bitcoin Acceptance Up More than 702% Since 2013Featured Image from Shutterstock.
CipherTrace, a blockchain security company, announced today that its CEO, Dave Jevans, has been certified by a Canadian criminal court as an expert witness. Jevans testified against Matthew Phan, a drug dealer convicted for trafficking in drugs and weapons on the dark web.
First Certified Bitcoin Witness
One of the lawyers for the prosecution said:
“I would have loved to have access to a tool such as CipherTrace when I originally conducted this investigation in May of 2015. The report prepared by Dave really was the pivotal piece in the Crown’s case for forfeiture.”
Phan argued that half of his crypto stash wasn’t from drug dealing. He contended that only his Bitcoin was used on the dark web. However, CipherTrace’s Dave Jevans painted a different picture in court.
Although the CipherTrace news release notes that the arrest took place in 2015, a local police website states that the investigation began in March 2018 and concluded in May of 2018. However, to our knowledge, the following statement in the press release is accurate:
“At the Crown Attorney’s request, Judge Kelly qualified Mr. Jevans to testify as an expert, making him the first-ever Bitcoin expert witness qualified by a Canadian court.”
Asset Forfeiture: A Current Use Case for Cryptocurrency When Done Right
Phan didn’t have much of a case, and wouldn’t have gotten far in the US either. During the search of his condo, police found nearly every drug they suspected him of selling. They also discovered his unencrypted Bitcoin wallet.
In the US, if convicted of drug dealing, the government can seize most or all of your assets pending trial. Asset forfeiture laws are so that simply carrying cash can cause the cash itself to be charged with a crime. Last month, however, the Supreme Court ruled that there are limits on how much police can seize. The Land Rover case, in which police claimed a $42,000 vehicle in relation to $225 worth of drug sales, marked the first time the government enforced the constitutional protection against “excessive fines.” The ruling doesn’t change the risk to property much, but it enables people to argue that they were excessively fined, as lawyer Wesley Hottot told the New York Times:
“The new thing is that they can now say at the end of it all, whether I’m guilty or not, I can argue that it was excessive.”
Phan lost his appeal to retain around half of his cryptos. The government is effectively $1.2 million richer as a result. Whether they will auction the coins, as other governments have done, is unknown at this time.
While every dark web marketplace seems to have a shelf life, the show goes on. The lucrative market invented by Ross Ulbricht is still a key use case for cryptocurrencies. Regardless of the authoritarian stance of governments toward recreational drugs. Such transactions would be impossible without cryptocurrency.
Jake Chervinsky is a lawyer, just not yours. A litigator with New York-based Kobre & Kim, Chervinsky has become a preeminent Twitter personality thanks to his insightful, informative tweets about cryptocurrency, and particularly ETFs. Chervinsky joins host Nolan Bauerle to talk about the SEC, enforcement, and the Twitter school of law.
Register for Consensus to see Jake in New York at Consensus2019.com
Jake can be found on Twitter at @jchervinsky.
Road to Consensus is a production of CoinDesk.
Cryptocurrency exchange Coinbase recently faced widespread backlash from the crypto community after the exchange acquired Neutrino – a company with close ties to the notorious Hacking Team, who has allegedly sold spyware and other software to oppressive regimes.Despite this, Coinbase has now claimed that the acquisition of Neutrino was the result of a “gap” in the exchange’s due diligence process and have determined that all the Neutrino members that were previously affiliated with Hacking Team will transition out of Coinbase.This announcement has led many notable figures within the crypto community to urge individuals and crypto investors to forgive Coinbase for what was widely considered to be a grave mistake.Coinbase Acquisition of Neutrino Sparks Widespread BacklashCoinbase users and outspoken members of the cryptocurrency industry were disturbed to find that multiple members of Neutrino that had then become new members of the Coinbase team, were previously associated with the Hacking Team, which has allegedly provided software tools to multiple oppressive, authoritarian, and fascist groups that have committed serious crimes and human rights violations – according to a recent report in BreakerMag.Brian Armstrong, the CEO and co-founder of Coinbase, addressed the issues surrounding the Neutrino acquisition in a recent blog post, claiming that in making their decision to purchase Neutrino, they focused on the company’s technological clout, while failing to properly investigate the company’s team and their past indiscretions.“However, we had a gap in our diligence process. While we looked hard at the technology and security of the Neutrino product, we did not properly evaluate everything from the perspective of our mission and values as a crypto company,” Armstrong explained.Furthermore, Armstrong also noted that all the Neutrino team members that were previously associated with Hacking Team will now transition out of Coinbase, as their prior work conflicts with his exchange’s mission and core values.“We took some time to dig further into this over the past week, and together with the Neutrino team have come to an agreement: those who previously worked at Hacking Team (despite the fact that they have no current affiliation with Hacking Team), will transition out of Coinbase,” he further added.Crypto Community Urges Users to Forgive CoinbaseAlthough it is clear that Coinbase’s on-boarding of the former Hacking Team members into their company was a grave mistake, notable figures within the cryptocurrency community are now urging users and investors to forgive the exchange, as they have now owned up to their blunder.Joseph Young, an extremely popular figure within the crypto industry, spoke about the exchange’s recent indiscretion in a tweet, offering them kudos for owning up to their mistake and fixing it.“Coinbase let go of The Hacking Team leaders. The company made a mistake, owned up to it, and fixed it. Kudos.”Coinbase let go of The Hacking Team leaders. The company made a mistake, owned up to it, and fixed it. Kudos.— Joseph Young (@iamjosephyoung) March 5, 2019Muneeb Ali, the CEO of Blockstack PNB, also spoke about Coinbase’s decision to let go of the former Hacking Team members, explaining that startups have room to make mistakes, so long as they are swiftly rectified.“Coinbase is (rightly) transitioning out the Hacking Team leaders. Startups are not about never making mistakes but learning and correcting faster than everyone else.”Coinbase is (rightly) transitioning out the Hacking Team leaders.Startups are not about never making mistakes but learning and correcting faster than everyone else.— Muneeb Ali (@muneeb) March 5, 2019It is currently unclear as to whether or not this whole imbroglio will have any noticeable impact on Coinbase’s user-base in the long term, but their quickness to apologize and fix the problem at hand likely saved them from increased scrutiny and criticism.Featured image from Shutterstock.
Brad Garlinghouse, the CEO of Ripple, gave JPMorgan Chase qualified praise for creating its own cryptocurrency, before dismissing the product’s likelihood of adoption by other banks and questioning its usefulness.
“I think it’s great for the blockchain and crypto industry to have players like JPM leaning in,” Garlinghouse said Wednesday during a fireside chat at the Chamber of Digital Commerce’s D.C. Blockchain Summit in Washington. “Thumbs up.” But he quickly added:
“That’s the only nice thing I’m going to say about this.”
Indeed, Garlinghouse, whose company has been courting financial institutions to use its distributed ledger technology (DLT) for payments – including products that utilize the cryptocurrency XRP – promptly cast doubt on the prospects for the recently announced JPM Coin.
At another conference last week, Garlinghouse recalled, “this guy from Morgan Stanley was interviewing me, I said ‘so is Morgan Stanley going to use the JPM Coin?’ And he said ‘probably not.’ So well is Citi going to use the JPM Coin? Is BBVA Is PNC? And the answer is no.”
Hence, he suggested, a bank creating its own coin risks recreating the very problems that DLT is supposed to solve.
“So does that mean we’re going to have all these different coins? Are we back to where we are with lack of interoperability? I don’t get it.”
Garlinghouse even started to sound like one of the blockchain industry’s critics when he wondered aloud what the point would be of tokenizing fiat currency when it remains on the books of a single entity.
“If you give them a dollar for deposits, they’ll give you a JPM Coin that you can then move within the JPM ledger. Wait a minute, just use the dollar!” he said. “I don’t understand. If you’re just moving within the JPM ledger, and it has to be dollar-to-dollar, one-to-one backing, I don’t understand what problem that solves.”
He wrapped up his comments about the subject on a diplomatic note, however, concluding:
“Now, back to my first answer, if it solves the first [problem] of JPM leaning into crypto, yay. That’s all i got.”
Brad Garlinghouse photo by Nikhilesh De for CoinDesk