📨 #cryptoroomdaily

📨 #cryptoroomdaily

📉 the protracted bearish mood prevailing in the cryptocurrency market is making institutional investors hesitant, jpmorgan chase analysts say.
via cointelegraph

🇨🇳 the people’s bank of china (pboc) is reportedly designing its own prototype of a centralized, government-controlled cryptocurrency.
via bitcoin.com

🇨🇭 “the federal council currently sees no fundamental issues regarding financial market law that specifically concern blockchain/dlt-d applications and would require fundamental adjustments.”
via ccn

📈
from december 13 to december 18, daily trading volume of the gemini dollar (gusd) stablecoin skyrocketed from 1.5 million to approximately 36 million units. the spike seems to have been caused by trades against bitcoin on the china-d oex, modern consensus assumes.
via modern consensus

💵 tim
draper has invested $1.25 million in opennode, a startup aiming to help businesses easily accept bitcoin payments for their goods and services.
via the

Cointelegraph
JPMorgan Chase Analysts Say Prolonged Crypto Bear Market Is Scaring Off Institutions
Global investment bank JPMorgan believes that the protracted decline in crypto markets is driving away institutional investors.