Wall Street’s sharp rebound hasn’t quite carried over into digital assets still languishing in the cold of an intensifying crypto winter. But the market volatility obscures a quiet blockchain revolution taking place under the surface.
Why it matters: Bitcoin, ether and non-fungible tokens (NFTs) often dominate public conversations about crypto, and the public’s imagination. Amid the turbulence, however, it might be more useful to think of those instruments as an extension of the technology powering them, with practical applications beyond digital tokens.
Driving the news: Last week, JPMorgan Chase CEO Jamie Dimon renewed his criticisms about the sector, likening tokens to “decentralized Ponzis.” With all of crypto’s mushrooming legal and financial troubles, it’s hard to argue his point (although some did).
Yet the notorious crypto scourge extolled the virtues of blockchain, with the banking giant dabbling in it with Onyx, a global payment platform.
The big picture: JPMorgan isn’t...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...