JP Morgan to ‘get involved’ in stablecoins despite CEO skepticism
TradFi giant JPMorgan Chase is moving ahead with stablecoin-related efforts, even as CEO Jamie Dimon remains unconvinced of their broader appeal. On the bank’s latest earnings call, according to CNBC, Dimon revealed that JPMorgan plans to be actively involved in…...
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Robinhood CEO Vlad Tenev Defends Tokenizing Elon Musk’s SpaceX, Sam Altman’s OpenAI: ‘They Were A Little Bit Upset…’
Vlad Tenev, the CEO of Robinhood Markets Inc. (NASDAQ:HOOD), is defending his company’s bold move to give retail investors exposure to shares in high-profile private companies such as SpaceX and OpenAI, without seeking their permission. Check out the current price of HOOD stock here. What Happened: Speaking on the 20VC...
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Crypto Week Stalls Out as House Vote Fails
What was meant to be a big legislative moment for crypto policy ran into a wall on Tuesday. Three major digital asset bills got stopped cold in the House after a group of 13 Republicans broke ranks and joined Democrats to block a key procedural vote. That vote was...
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JPMorgan and Citi Explore Stablecoins as Digital Payments Grow In Popularity
Two of the world’s largest banks are stepping further into the stablecoin world. JPMorgan and Citigroup are both exploring how these digital assets could become part of mainstream finance, and this time, it is more than just talk. On recent earnings calls, JPMorgan CEO Jamie Dimon and Citigroup CEO...
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How Bitcoin Could Hit $200K on Global Institutional Inflows Alone
“Institutional capital can no longer ignore the returns that Bitcoin is providing,” reported the Kobeissi Letter on Tuesday. The cryptocurrency cannot be ignored because it has yielded a 90% compound annual growth rate (CAGR) over the past 13 years, which no other asset can match. Even “conservative” funds are...
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Uniswap Labs President Mary-Catherine Lader Steps Down After Four Years
Mary-Catherine Lader, President and COO of Uniswap Labs, has stepped down after four years leading the development company behind one of the most prominent decentralized exchanges (DEX). A former BlackRock executive, Lader joined Uniswap in 2021 to help bridge traditional finance and decentralized protocols. During her tenure, Uniswap Labs...
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DOGE Prints Bullish Setup With Breakout, Pullback, and Support at $0.196
What to know: DOGE rose 5.05% from $0.190 to $0.200 between July 15 05:00 and July 16 04:00, trading in a $0.011 range with 5.48% volatility. Volume spiked to 464.28 million during the 23:00–00:00 window, crushing the 24-hour average of 287.95 million. Breakouts occurred at 12:00 and again in...
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XRP Builds Higher Lows, $2.93 Breakout Would Signal Trend Shift
What to know: XRP traded in a narrow 4.08% range between $2.82 and $2.93 from July 15 04:00 to July 16 03:00, closing at $2.89 for a 1.8% daily gain. Corporate breakout attempts above $2.92–$2.93 failed four times (12:00, 13:00, 17:00, 18:00) as coordinated institutional selling emerged. Market makers...
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Ether, Dogecoin Lead Modest Market Gains, Bitcoin Holds $118K as CPI Print Fuels Rate Cut Bets
Bitcoin (BTC) hovered near $118,000 during the Asian trading hours on Wednesday, consolidating gains after June’s U.S. CPI data signaled further disinflation, pushing traders to reprice odds of a September Fed rate cut. Core CPI rose just 0.1% month-over-month for the fifth straight time, fanning bullish sentiment across crypto...
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Bitcoin faces possible short-term pullback as miners take profit, but long-term uptrend still intact
Bitcoin has retraced slightly after hitting a new all-time high near $123,000 as miners appear to be locking in profits. Bitcoin (BTC) has dropped roughly 5% from its most recent peak and is trading at about $117,538 as of press…...
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