Cryptocurrency & Blockchain breaking news

JPMorgan will start providing the first U.S bank-banked crypto, named “JPM Coin”, in order to push its massive universal transactions as part of its extensive wholesale payments business.

The e-commerce sector in Italy is expanding. According to the 2017 statistics, nearly half the total number of Internet users in the world have purchased something online at least once. This trend seems to be popular in China, the USA, Germany, as well as in Italy.

The authority responsible for the regulation of the blockchain and cryptocurrency industry, known as the National Superintendence of Cryptos Related Activities of Venezuela, SUNACRIP, recently released regulations dealing with the sending and receiving of remittances in digital currency friendly nations within the South American continent. The authoritative instrument was publicly published in the Official Gazette 41,581 on Feb 7 this year, DiarioBitcoin reports.

The overall insight of Bitcoin’s privacy has changed in the direction of more emphasis on advancing it as the market for privacy-oriented digital currencies propagates, and increasing attack vectors for deanonymizing customers are exposed. Bitcoin Crypto users at large may, very soon, be able to benefit from a new trick popularly known as “Taproot.”

According to research on the ground, the production-weighted cash cost to create 1 Bitcoin (BTC) averaged approx. $4,060 worldwide in the fourth quarter (Q4) of 2018, analysts from JPMorgan Chase Co. reveal. This cost is much higher than the current Bitcoin price as Bloomberg reports.

The one-day (24h) period of trading has not registered a vast activity in the digital currency economy. Since the surge on February 8, which saw Bitcoin (BTC) touch the $3700 resistance level, nothing actually momentous has taken place on the BTC markets. However, ETH has finally managed to race past XRP.