Coindesk

JPMorgan Chase (JPM) CEO Jamie Dimon is nothing if not consistent when it comes to his views on Bitcoin (BTC).“Bitcoin itself has no intrinsic value,” he said in an interview with CBS News on Sunday. “It’s used heavily by sex traffickers, by money launderers, ransomware. So I just don’t feel great about Bitcoin.”Similar to BlackRock CEO Larry Fink, Dimon was a longtime opponent of bitcoin. Unlike Fink — who underwent a 180 degree reversal in his views a couple of years ago — Dimon has continued holding the same negative outlook even as the bank he leads has profited off of bitcoin's growing use as a financial product, including serving as an authorized participant for BlackRock's spot bitcoin ETF.JPMorgan also...

Non-fungible token (NFT) project Azuki has announced the release of ANIME, a Japanese cartoon-themed token described on its website as a "culture coin."The price of the Azuki NFTs rose by 9.1% following the announcement, with the cheapest NFT selling for 13.77 ETH ($42,000), according to CoinGecko."We acquired Anime.​com, soon to launch alongside Animecoin as the home for global anime fandom," Azuki wrote on X. "And now, together with the Animecoin Foundation, we’re forging the next arc for anime ... Our mission remains the same: build the open anime universe."The token will be distributed with a heavy focus on community, with 50.5% of the total supply being allocated to the community, 37.5% of which will be fully unlocked at launch whilst...

One of the largest investment companies in the world with more than $2.3 trillion in assets under management, Los Angeles-based Capital Group has become one of the biggest shareholders in Metaplanet.Based in Japan, Metaplanet was a hotel industry investor that's become notable over the past year for its bitcoin (BTC) treasury strategy modeled along the lines of Michael Saylor's MicroStrategy (MSTR). Capital Group's boosted stake was noted in an X post by Metaplanet CEO Simon Gerovic.Metaplanet holds 1,762 BTC and is the fifteenth-largest publicly traded company that holds bitcoin. Since they adopted a bitcoin treasury strategy in April 2024, their share price is up over 1,700%.Capital Group is also the second largest shareholder of Bitcoin development company MicroStrategy (MSTR), owning...

On Jan. 2, Muneeb Ali, the co-founder and CEO of leading Bitcoin L2 Stacks, updated his X bio from simply “founder @Stacks” to “war time founder @Stacks.” The change signaled Ali’s recognition that 2025 is a year when Stacks must pivot to a focus on going to market and expanding its user base after 2024’s major technical upgrades. Those upgrades included the long-awaited Nakamoto update that dramatically increased the project’s speed and achieved 100% finality on Bitcoin for all its transactions.According to Ali, a new orientation for Stacks is even more appropriate given that crypto is now firmly in the throes of a bull market, powered by the election of Donald Trump and what is expected to be a more...

The final quarter of 2024 marked a surge in cryptocurrency mergers and acquisitions (M&A) activity, signalling that the post-election sentiment shift could spark even more deals in the new year.M&A has already been on the rise, and the recent acquisition of Bridge by Stripe marked a significant milestone that highlights a trend of the increasingly blurred lines between traditional finance and digital assets.According to The Block Pro data, activity in 2024 was still behind 2022's all-time high of 271 deals, signaling steady yet restrained growth but there are signs that the record may be broken in 2025. With major institutions including BlackRock, Fidelity, and Grayscale launching Bitcoin and Ethereum ETPs, and the Trump election fueling optimism, the stage is set...