JPMorgan CEO Jamie Dimon said he will allow his bank’s customers to buy Bitcoin, but the bank will not custody it. Jamie Dimon, the CEO of JPMorgan, said his bank will soon allow its clients to buy Bitcoin, but it won’t custody the cryptocurrency. “We are going to allow you to buy it,” Dimon said…
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Bitcoin is less than 5% away from making new all-time highs, and BTC futures markets look ready to support the rally. Key takeaways: Bitcoin buying in the spot and futures markets helped BTC price keep its upward momentum despite $170 million in margin liquidations. Weak stablecoin demand in China and the limited use of futures…
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A potential attendee of the May 22 event told us his purchase of TRUMP’s memecoin was “not political.” On May 22, US President Donald Trump is expected to host up to 220 people who had purchased the most significant quantities of his memecoin at a private event in Washington, DC. Though the exact number of…
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Moody’s degrades US credit rating, Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to analyst Scott…
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Bitwise chief investment officer Matthew Hougan said that a Bitcoin supply shock is coming, driven by heightened demand from institutions. Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin will reach $200,000 by the end of 2025 due to a supply shock from heightened institutional demand. In an interview with Cointelegraph at Consensus 2025 in Toronto,…
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Bitcoin price breakouts have been capped at $104,000, but a rally through the resistance could open the door for a run to $130,000. Bitcoin (BTC) Price Analysis and Potential Rally Bitcoin has been consolidating between approximately $100,700 and $105,800, showing a balance between buyers and sellers. Holding above the critical psychological support of $100,000 indicates…
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Pi Network has launched a $100 million fund, Pi Network Ventures, to invest in startups and businesses that drive the adoption and utility of its blockchain ecosystem. Mobile-first blockchain Pi Network has launched a $100 million fund to invest in initiatives built on its infrastructure. According to a May 14 announcement, the Pi Foundation is launching…
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Bitcoin can hardly get any more bullish, says independent analyst filbfilb, as $100,000 slowly returns as support and bulls fight to cement a $2 trillion market cap. Key points: Bitcoin has a fight for a $100,000 price and a $2 trillion market cap on its hands this month. Dips below six figures are “easily possible,”…
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The leader of an NFT project and Bitcoin mining venture has been sued by his former business partners for allegedly failing to pay them their promised equity returns. Several investors in a non-fungible token (NFT) project, Hashling NFT, have accused its founder of misappropriating millions of dollars in profits from the project and a closely…
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Crypto industry observers in Canada are concerned that their industry is being left behind without a clear framework for stablecoins. The slow adoption of stablecoins in Canada has some local crypto industry observers concerned that the country is falling behind. The Canadian Securities Administrators (CSA) classified stablecoins as “securities and/or derivatives” in December 2022 after…
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