Mukesh Ambani’s Jio taps Polygon Labs for blockchain upgrades
Reliance Jio will collaborate with Polygon Labs to bring blockchain innovations to its 450 million users in India.
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Bitcoin rebound falters amid SEC crackdown on exchanges, raising chance of a BTC price capitulation
Bitcoin’s price lost steam after a failed retest of the $27,400 resistance on June 6, signaling that investors became less confident after the recent regulatory actions by the United States Securities and Exchange Commission (SEC) against Binance and Coinbase. Both exchanges are being sued on multiple counts, including failure to register as licensed brokers and offering unregistered…

Japan’s GMO Internet Sees 45% Cryptocurrency Profit Dip for Q1 2019
Japanese internet giant GMO Internet Group saw its cryptocurrency profits drop in Q1 2019 amid market weakness, Cointelegraph Japan reported, quoting a new statement on May 10.GMO, which in December 2018 withdrew from bitcoin miner production due to the fall in bitcoin (BTC) prices, saw revenues of 12.9 billion yen ($117.4 million) in Q1, compared…

Bitcoin Is Property, Chinese Court Rules — No Crypto Ban Contradiction
Last week, Bitcoin (BTC) was legally recognized by a Chinese court, whereby it was concluded that the cryptocurrency should now be considered as digital property. The decision that the Hangzhou Internet Court made in a ruling was met with enthusiasm from some community members, who assumed that Bitcoin is now legal in the People’s Republic…

Dogecoin drops 23% as Elon Musk slams DOGE rich list
The world’s richest man giveth, and the world’s richest man taketh away. 5033 Total views 25 Total shares The value of Dogecoin (DOGE) sunk 23% in a matter of hours on Feb. 15, after Elon Musk drew attention to the vastly unequal distribution of DOGE coins and urged major holders to sell off their holdings.…

Bitcoin beats global assets post-Trump election, despite BTC correction
Bitcoin managed to outperform the other major global assets, such as the stock market, equities, treasuries and precious metals, despite the recent crypto market correction coinciding with the two-month debt suspension period in the United States. Bitcoin’s (BTC) price is currently down 23% from its all-time high of over $109,000 recorded on Jan. 20, on

Price analysis 6/14: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAX
Bitcoin and several altcoins are getting sold into rallies, increasing the risk of a downside breakdown.

‘Grotesquely overpriced’ — Apple’s App Store wants 30% cut on NFT sales
While the commission is standard for Apple, some have expressed their displeasure at the company's “grotesquely overpriced” cut of sales. 302 Total views 16 Total shares Non-fungible token (NFT) app developers and others have balked at a decision by tech giant Apple to impose a 30% commission on NFTs sold through apps on its marketplace,…

SEC Ethereum ETF decision unlikely driven by politics: Bernstein
Bernstein analysts Gautam Chhugani and Mahika Sapra believe the United States securities regulator likely approved the spot Ether ETFs to avoid a legal battle.