In an interview with Lesley Stahl, Jamie Dimon reaffirmed his long-standing opposition to Bitcoin, a stance he has maintained since as early as 2014.Dimon reiterated his belief that Bitcoin lacks intrinsic value, emphasizing his concerns over its speculative nature and association with illegal activities. JPMorgan Chase’s CEO Jamie Dimon has been one of Bitcoin’s most...
Cardano’s (ADA) chart analysis suggests a potential 140% surge after a bullish wedge correction and higher low formation.Technical analysis highlights a bullish outlook for Cardano, with significant momentum expected in the coming weeks. According to popular crypto analyst Alan Santana, Cardano (ADA) has a promising future. In a thorough post on TradingView, Santana revealed that...
Stacks’ Nakamoto and sBTC upgrades revolutionized its network, enhancing speed, capacity, and Bitcoin utility for long-term adoption.Stacks fosters developer innovation with dApps like VelarBTC and BitFlow, backed by a resilient, supportive community. Recently expressing his ideas on why he is still optimistic about Stacks, crypto influencer Moneystack discussed the project’s accomplishments, effects on the Bitcoin...
Institutional investors are steadily increasing their Bitcoin holdings as retail investors sell off prematurely, driven by impatience and financial pressure.Bitcoin’s appeal grows amid global economic uncertainty, with institutions adopting it as a hedge against inflation and financial instability. The Modern Investor has discussed a significant issue in the crypto market: institutional players are silently accumulating...
Ethereum’s long-term holders surged to 74.7%, surpassing Bitcoin’s 60%, reflecting a shift in investor confidence and strategy.Bitcoin faces challenges with low demand signals while Ethereum’s ecosystem thrives, driven by staking, DeFi, and rising adoption. The crypto market is turning its head, with Ethereum at the center of that change. Recent data from IntoTheBlock highlights a...
Bitcoin’s (BTC) recent double-bottom pattern hints at potential recovery amid volatile market conditions.A weaker dollar and potential quantitative easing could create favorable conditions for crypto market growth. Crypto influencer Lark Davis is weighing in on the possible implications of Bitcoin’s recent rebound, which is gaining traction amid volatile market movements. In his most recent YouTube...
Regulators have allegedly used indirect pressure tactics to stifle the crypto industry’s access to financial services, highlighting systemic challenges.Coinbase’s legal battle against Tornado Cash sanctions sets a precedent for protecting innovation in the decentralized technology space. In a recent talk on Anthony Pompliano’s channel, Coinbase’s Chief Legal Officer, Paul Grewal, went in-depth about the combative...
Trump launched 160 new NFT cards on the Bitcoin network and will release 40 more cards soon. The overall NFT market had $8.8 billion in sales during 2024, but 98% of collections saw minimal trading, and most new releases lost value quickly after the launch. Former President Donald Trump has expanded his digital asset portfolio with...
A judge dismissed James Howells’ lawsuit against Newport City Council, preventing him from searching a landfill for his lost Bitcoin hard drive.The court ruled that the case had no chance of success, but Howells plans to take the matter to the Supreme Court. A High Court judge has dismissed James Howells’ attempt to sue Newport...
Oklahoma’s Bitcoin Freedom Act aims to legalize Bitcoin payments for wages and business transactions, enhancing financial autonomy.Senator Deevers’ proposal seeks to protect income from inflation by integrating Bitcoin into daily financial operations in Oklahoma. Oklahoma Senator Dusty Deevers has presented the “Bitcoin Freedom Act” (SB325), a breakthrough piece of legislation that seeks to legitimize Bitcoin...