JPMorgan CEO Jamie Dimon Vows To Defend Your Right To Buy Bitcoin — But Hints At Unseen Macro Threat
JPMorgan Chase & Co (NYSE: JPM) CEO Jamie Dimon on Tuesday affirmed his support for individual rights to invest in Bitcoin (CRYPTO: BTC), even as he shared his insights on the cryptocurrency’s impressive rally and speculated on the timing of…
Stocks Soar On Tech Rally; Inflation Fuels Higher Yields, Bitcoin Drops Below $70,000: What’s Driving Markets Tuesday?
It was a mixed morning on Wall Street, with major U.S. indices recording gains, primarily due to a tech outperformance, although losses emerged on bonds, gold, and Bitcoin following a stronger-than-expected inflation report. The S&P 500 index rose by 0.9%,…
Which Public Companies Own Bitcoin? This Giant Is The Odd One Out In The Top 5
A new report has revealed that more than 11% of all Bitcoin (CRYPTO: BTC) is now held by a diverse group of institutional investors. What Happened: Publicly traded companies, private firms, countries and exchange-traded funds (ETFs) collectively hold a staggering…
Bitcoin Breaks All-Time Highs, Elon Musk’s Tesla And SpaceX In Major Profit
The crypto wallets of Elon Musk’s companies have been located, according to blockchain analytics company Arkham Intelligence. Arkham cross-referenced financial reports with on-chain activity to locate the massive wallets. Tesla Inc. and SpaceX have a combined total of around 19,800…
Bitcoin: ‘Not a fan’ Jamie Dimon equates BTC to smoking cigarettes
Bitcoin’s new record highs can’t break Jamie Dimon’s long-held skepticism of the cryptocurrency. In comments made at the Australian Financial Review business summit, the JPMorgan chief reiterated concerns that the digital asset empowers unlawful activity, from money laundering to drug trafficking….
MicroStrategy Takes on Debt to Buy Bitcoin: What Could Possibly Go Wrong?
When asset prices soar, common sense goes by the wayside. This isn’t to suggest that Bitcoin (BTC-USD) holders don’t have … Read more
Bitcoin: What you should watch out for after BTC’s ATH
Bitcoin recorded a new all-time high (ATH) weeks before the halving. Exec attributed the growth to Bitcoin ETFs. The wait is finally over! Bitcoin [BTC] has shattered records by soaring to a new ATH of over $72,000. This breakthrough comes alongside pivotal regulatory…
Analyst says odds of Ethereum ETF in May are ‘down to 35%’ and that means…
Bloomberg analysts have significantly reduced the likelihood of a spot Ethereum exchange-traded fund (ETF) being approved by the U.S. Securities and Exchange Commission (SEC) by May. The SEC’s silence and inaction have led analysts to reassess the chances of a…
Tesla Bull Says Don’t Fall For ‘Sh*tcoins’ Like DOGE, SHIB, PEPE: ‘Stick To The King, Bitcoin. Or Queen, ETH’
Tesla investor Ross Gerber took to X, formerly Twitter, to caution the younger generation about the pitfalls of investing in lesser-known cryptocurrencies, commonly referred to as “sh*tcoins.” What Happened: On Monday, Gerber took to X and urged them to focus…
Bitcoin ETF Investment Frenzy: $500M Rushes In, But Where’s The Money Going?
The cryptocurrency investment landscape witnessed significant activity with total net inflows into Bitcoin (CRYPTO: BTC) spot Exchange-Traded Funds (ETFs) reaching $505 million on Monday. The day’s transactions on March 11 revealed a mixed picture of investor behavior, according to data…