Daily crypto: Bitcoin remains strong and several banks pursuing crypto patents

Daily crypto: Bitcoin remains strong and several banks pursuing crypto patents.

Image source: Shutterstock

Christian Ploog

christian.ploog@trijo.co

American authorities once again warn people about buying cryptocurrencies, and several banks are filing for crypto patents.

Recently, the American card company Mastercard won a patent that in the future could allow their customers to pay with bitcoin when they buy things with their cards. Now, other large corporations are pursuing crypto patents as well.

This time it’s Barclays, one of the world’s most powerful corporate banks with an over 300 year long history. This week, the bank filed for two crypto-related patents at the U.S. Patent and Trademark Office. The patents are about getting exclusivity over cryptocurrency transfers and data storage on the blockchain, Bitcoin News writes.

Also, the American investment bank JPMorgan Chase is now pursuing a crypto patent. The patent application, which was filed in January but became official this week, is about a distributed system based on blockchain technology, where one will be able to make tokens of assets, known as digital depository receipts. These depository receipts, which seem to be suspiciously like ICO tokens, should then be able to be traded, CCN reports.

New warning for cryptocurrencies

The U.S. Commodity Futures Trading Commission (CFTC) has issued another warning about cryptocurrencies. This time, they warn people to be careful and to do comprehensive research before investing in any cryptocurrencies or tokens, CCN writes.

Finally, we note that Brian Armstrong, co-founder and CEO of the American cryptocurrency exchange Coinbase, got higher up on the American business magazine Fortune’s “40 under 40” list than one of the world’s biggest pop stars Rihanna.

“40 under 40” is a list that contains the names of the world’s most influential young people in business. Armstrong came in 20th place and Rihanna in 21st place. It is also noteworthy that we find the ethereum creator Vitalik Buterin on 22nd place and Vlad Tenev, founder of the Robinhood trading app, on 24th place, CCN writes.

Bitcoin remains strong

Among the largest cryptocurrencies, only bitcoin (+1,32%) has gone up in the last 24 hours. The ones that decreased the most were xrp (-5,29%) and bitcoin cash (-3,26%).

The ones who performed the best on top 100 were kin (+8,95%) and zencash (+8,36%), and the ones who performed the worst were ardor (-14,29%) and wanchain (-13,74%), according to Coinmarketcap.

Asset: Price: % (24h)
Bitcoin $7 460,72 +1,32%
Ethereum $464,62 -2,95%
Xrp $0,458512 -5,29%
Bitcoin cash $794,10 -3,26%
Eos $8,33 -2,61%

Follow Trijo News on FacebookTwitter and Telegram.

Keep up with the latest news

Read more