JPM’s Jamie Dimon believes Satoshi Nakamoto will either increase or “erase” Bitcoin supply
JPM’s Jamie Dimon believes Satoshi Nakamoto will either increase or “erase” Bitcoin supplyThe JPMorgan CEO's unfounded theories on Bitcoin have attracted massive backlash.
Happy Thursday!The global crypto market cap is $1.64 trillion, with a 24-hour volume of $53.46 billion. The price of Bitcoin is $41,822.52, and BTC market dominance is 49.8%. The price of Ethereum is $2,479.88, and ETH market dominance is 18.1%. The best-performing sector is Travel, which gained 2%. The Crypto Fear & Greed Index is currently Greed (63). Top News
JPM’s Jamie Dimon believes Satoshi Nakamoto will either increase or “erase” Bitcoin supplyThe JPMorgan CEO's unfounded theories on Bitcoin have attracted massive backlash. IRS says controversial $10k reporting rule doesn’t currently apply to cryptoThe U.S. must create new regulations before the rules apply beyond cash. Judge in Coinbase case says SEC’s securities definition may be too broadThe judge nevertheless declined to rule on or dismiss the case today. Latest Insights
More NewsBlackRock eyes blockchain beyond Bitcoin through smart contract supply chainsEquities ETF head Jay Jacobs shows BlackRock looking to blockchain as key for 'security and immutability.' Trump pledges to block Central Bank Digital Currency if elected for second termCBDCs have become increasingly popular outside of the US, with many countries developing token pilots. USDC doubles market share on centralized crypto trading platforms to over 10%USDC has enjoyed enormous adoption across different trading platforms despite the significant headwinds. Gemini gains ground in France with official Digital Asset Service Provider registrationGemini is now available in more than 12 European countries with the latest registration. Bitwise CEO confirms $370 million inflows for its Bitcoin ETF in blazing four-day debutObservers said the impressive number places Bitwise ETF among the top 25 ETFs launched in 2023 by AUM.
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BlackRock’s IBIT continues to lead Bitcoin ETF volume among ‘Newborn Nine’
Wednesday, January 17, 2024
Spot Bitcoin ETFs have recorded roughly $500 million in trading volume on the third day of trading, as of press time.
Morgan Stanley believes Bitcoin, CBDCs have the potential to ‘de-dollarize’ the world
Tuesday, January 16, 2024
Morgan Stanley said the dollar's global dominance is threatened by the rise of Bitcoin and the eventual proliferation of CBDCs.
Bitcoin briefly dips below $42k, liquidates majority of long positions across exchanges
Monday, January 15, 2024
The flagship crypto experienced $20.52 million in liquidations over the past 24 hours, roughly 85% of which were longs — equating to $17.48 million.
How Bitcoin correlates with traditional assets in the ETF age
Sunday, January 14, 2024
Glassnode and Coinbase Institutional report shows Bitcoin stands its ground as a diversifier among traditional assets.
Bitcoin falls 9%, dropping below $42K amidst concerns about GBTC flows
Saturday, January 13, 2024
Prices fell significantly on Friday despite general optimism around Bitcoin ETFs.
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