Jamie Dimon’s Crypto Change Of Heart? Trump Once Claimed Shift, But JPMorgan CEO Still A Skeptic When It Comes To Bitcoin
JPMorgan Chase CEO Jamie Dimon is well-known in cryptocurrency circles for his fierce criticism of Bitcoin (CRYPTO: BTC), even going so far as to dub the leading coin a “fraud.” What Happened: From announcing that he would “fire in a second” any JPMorgan trader seen trading in Bitcoin to...
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XRP Ticks Higher On News That Ripple-SEC Case Could End Soon—Legal Team Reportedly Negotiating More ‘Favorable Terms’ On $125 Million Fine
The over four-year-long legal battle between blockchain company Ripple Labs and the Securities and Exchange Commission could conclude soon, a Fox Business journalist reported Wednesday. What Happened: Eleanor Trett posted on X that the high-profile case was in the process of “wrapping up” and could be over soon, citing “well-placed”...
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Bitcoin Top Buyers Show Capitulation: Is This A Buying Opportunity?
On-chain data shows that Bitcoin short-term holders have been selling at a notable loss recently, something that has led to bottoms in the past. Bitcoin Short-Term Holders See SOPR Plunge Under 1.0 In its latest weekly report, the on-chain analytics firm Glassnode has discussed about how the Bitcoin short-term...
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Pepe Leads Memecoin Rally With 15% Spike—Analyst Describes ‘Incredibly Good’ Looking PEPE-DOGE Pair As ‘Generational Entry’ Opportunity
Frog-themed cryptocurrency Pepe (CRYPTO: PEPE) spearheaded Wednesday’s memecoin rally, clocking double-digit gains. What happened: The Ethereum (CRYPTO: ETH)-based token soared over 15%, becoming the best-performing meme coin in the last 24 hours. The coin’s trading volume leaped 8% to $950 million, making it the second-most traded meme coin in...
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35.7% of validators support the SIMD-228 proposal to cut SOL inflation by 80%
SIMD-228 proposal, which aims to cut SOL inflation by 80%, has gained 35.7% support from Solana validators so far. According to data from Dune Analytics, 701 out of the 1327 active Solana (SOL) validators have voted. 1.2% have abstained, 17.2%…...
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Bitcoin fails to rally despite lower-than-expected US CPI as trade war concerns weigh in
The latest U.S. inflation data came in lower than expected, but Bitcoin struggled to maintain gains as trade war concerns weighed on sentiment. According to the economic latest data released on Mar. 12, February’s Consumer Price Index rose 2.8%, below…...
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Traders could be prepping to buy as USDT activity hits 6-month high
Onchain activity for Tether has hit a sixth-month high, possibly indicating traders are gearing up to jump back into the market, according to analysts. Data shared by the blockchain data platform Santiment in a March 12 X post shows Tether’s (USDT) onchain activity has been on the rise, peaking...
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Metaplanet Keeps Stacking Bitcoin—Now Sits On 3,050 BTC
Japanese investment firm Metaplanet has added more Bitcoin to its portfolio, bringing its total holdings past 3,000 BTC. The company recently acquired 162 BTC at an average price of ¥12.39 million ($83,635) per Bitcoin. With this purchase, Metaplanet now holds 3,050 BTC, worth nearly $250 million at current prices....
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Crypto trading volume slumps, signaling market exhaustion: Analysis
Crypto trading volumes and dwindling digital asset prices are flashing signs of trader exhaustion and potentially weaker market momentum, according to analysts. Crypto-wide trading volume has been dropping since it peaked in February amid dip-buying opportunities. According to CoinGecko data, daily trading volume hit its highest level this year...
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Bitcoin, Dogecoin Rise, Ethereum Trades Flat On Cooler-Than-Expected Inflation: Top Analyst Anticipates BTC’s Bullish Breakout Toward $91,000
Leading cryptocurrencies rose further on Wednesday as cooler inflation data boosted risk appetite. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) +1.32% $83,916.13 Ethereum (CRYPTO: ETH) -0.45% $1,905.35 Dogecoin (CRYPTO: DOGE) +4.63% $0.1723 What Happened: Bitcoin surpassed $84,000 in the early morning hours, but profit-taking...
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