JP Morgan Still Dabbling in Crypto, but Is the Bank Serious About Adoption?.

JPMorgan recently released a report analyzing the cryptocurrency market in the United States, which could shed light on what is to come in the market in 2023. The bank, which is the largest in the US, has had a conflicting relationship with cryptocurrency, with CEO Jamie Dimon being vocal in his opposition to it, yet the bank has also provided banking services to Coinbase and Gemini. origin »

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Bitcoin, Ethereum Lack Volumes To Justify Caps, Says Santiment.

Data from Santiment reveals both Bitcoin and Ethereum currently lack the trading volumes to justify their market caps. Bitcoin And Ethereum NVT Ratios Are Both Bearish Right Now According to the on-chain analytics firm Santiment, both the bitcoin and ethereum networks will need to see a pickup in activity this year. origin »

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Gemini Accuses DCG of Being Behind Genesis’ Woes.

Gemini’s co-founder Cameron Winklevoss wrote an open letter Tuesday accusing Barry Silbert, CEO of DCG, the parent company of Genesis trading, of causing the latter’s collapse. Genesis Global Trading temporarily suspended withdrawals in November due to liquidity issues resulting from the demise of FTX. origin »

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