Crypto News
Jamie Dimon Still Sees ‘No Value’ in Bitcoin
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...
Bitcoin Dips Below $90,000 as Fed Rate Cut Doubts Grow
The cryptocurrency traded hands above $108,000 not too long ago, but then the Fed made a hawkish pivot.Source link
Coinshares: Modest Net Inflows for Digital Assets With Gains for BTC, XRP, SOL and Losses for...
Macroeconomic events shaped the digital assets market over the past week with significant outflows. Digital Assets Investors Reacted Negatively to U.S. Fed’s Hawkish Outlook Coinshares’ weekly digital asset fund flows report revealed that digital asset investments experienced a modest inflow of $48 million last week. Although about $1 billion came in the first half ofSource link
MicroStrategy Buys $243 Million More Bitcoin
MicroStrategy SEC filings show the company paid an average price of approximately $95,972 for the latest addition to its Bitcoin reserves.Source link
Azuki Announces Native ANIME Token, Related NFTs Rise 9.1%
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...