A pointed insult from JPMorgan Chase CEO Jamie Dimon crystallized a growing power struggle between Wall Street and crypto’s most influential U.S. champion. Summary Dimon angrily confronted Coinbase CEO Brian Armstrong at the World Economic Forum. Banks are pushing back against crypto exchanges offering stablecoin “rewards” that resemble interest, warning it could drain trillions in
05 Sep Chart Decoder Series: Average True Range – The Volatility Tool That Helps You Pick Targets and Take Profits Welcome back to the Chart Decoder Series, where we translate our pro trading tools into strategies you can use today. So far, we’ve tackled: Today, we’re exploring ATR (Average True Range), the indicator that solves
The Dow Jones Index and the crypto market slipped as investors reacted to Donald Trump’s decision on Kevin Warsh to be the next Federal Reserve Chairman. Summary The Dow Jones Index dropped by over 0.40% on Friday. The crypto market also dropped, with Bitcoin and most altcoins being in the red. These assets dropped after
London-based subscription platform OnlyFans is reportedly negotiating the sale of a 60% stake to California private equity firm Architect Capital. Summary OnlyFans is reportedly selling a 60% stake. Fenix International, OnlyFans’ parent company, invested about $19.9 million in Ethereum during 2021–2022. By November 2022, falling crypto prices caused an $8.45 million impairment; whether the company
The quantum computing threat to Bitcoin has been moving from “distant” and “eventually” to “possibly within a planning horizon.” The real question here is, could cryptography timelines compress faster than the industry expects? Analysts and market commentary continues to frame the issue as one of preparedness rather than panic obviously. But it is safe to
Changpeng “CZ” Zhao, co-founder and former CEO of Binance, defended the world’s largest cryptocurrency exchange against accusations that it played a central role in last October’s $19 billion market crash. Speaking in a live ask-me-anything session on Binance’s platform, Zhao called such claims “far-fetched” and said they ignore broader market dynamics, Bloomberg reports. Summary Zhao
Something strange (and maybe creepy) is happening on the internet. Moltbook — a Reddit-like social network where AI agents post their thoughts (yes, that’s right, AI’s are talking to each other over social media!) — is going viral. And, in a very crypto-degen fashion, memecoin traders are cashing in. Moltbot is a social network populated
A super-PAC backed by crypto billionaires Cameron and Tyler Winklevoss is learning the hard way that political fundraising in Bitcoin can be a risky bet. A large cryptocurrency donation made during last year’s bull market has since lost millions in value, Bloomberg reported. The plummet underscores how volatility can complicate both campaign finance strategies and
Brian Armstrong, the CEO of Coinbase, found himself at the eye of a widening storm between Wall Street and the crypto industry last week at the World Economic Forum in Davos — and it got personal. During a chance encounter over coffee with former U.K. prime minister Tony Blair, JPMorgan Chase CEO Jamie Dimon abruptly
MiCA is fully in force, but the European Securities and Markets Authority (ESMA) and national regulators are warning that crypto asset service providers operating without authorization must either secure licenses or wind down as transitional periods expire into 2026. Under MiCA, licensed exchanges face capital, asset segregation, disclosure, and governance requirements that materially raise the
