Brian Armstrong fired back at Jamie Dimon on Friday with a meme, after the JPMorgan CEO attacked him on live TV. Summary Jamie Dimon appeared on Fox Business on May 29, calling Armstrong “full of sh!t” and vowing that banks will fight the Clarity Act’s stablecoin provisions. Armstrong responded on X with a hockey-themed meme
Wintermute joins prediction markets as a liquidity provider, boosting trading depth in a $60 billion sector driven by real-world event contracts. Wintermute has entered the fast-growing prediction market industry as a liquidity provider. The company has now extended its two-sided quoting services to the top prediction market sites. Furthermore, the shift reflects the increasing popularity
CryptoQuant CEO Ki Young Ju warns the Bitcoin bear market could extend into early 2027, based on on-chain PnL data. Summary Ki Young Ju cited CryptoQuant’s PnL Index Signal, which shows investor profitability typically falls for 18 months after profit-taking cascades begin. The trend began in October 2025, placing a potential bear market bottom in
The US Strategic Bitcoin Reserve already exists as an executive-order framework for retaining government-held Bitcoin. ARMA would seek to codify it in law and potentially extend it into an active accumulation strategy — with major implications for Bitcoin’s supply dynamics, reserve-asset status and the next phase of sovereign adoption. The US Strategic Bitcoin Reserve (SBR)
The CFTC has warned regulated derivatives platforms that round-the-clock trading may suit crypto-native markets but may not work safely across every traditional asset class. Summary The CFTC warned that 24/7 trading may not suit every traditional derivatives market. Coinbase said the CFTC approval adds crypto perpetuals and global options to its regulated platform. The CFTC
In crypto news today (May 29), the market has seemingly stabilized overnight, with the Bitcoin price climbing a modest +0.4% in the past 24 hours, with it sitting at around $73,500. However, ETH USD remains in a precarious position: while it is up +0.8% on the day, it trades at $2,010, barely holding above the
U.S. treasuries climbed while the dollar bond index dropped to an intraday low of 98.8, signaling a notable swing in risk sentiment across global markets. Summary Gate data shows U.S. Treasury bond prices rising as the DXY falls intraday The dollar index touched 98.8, slipping below the 100 base level for the benchmark Moves come
JPMorgan Chase CEO Jamie Dimon on Friday yet again sharply criticized Coinbase CEO Brian Armstrong and warned that the latest version of the Clarity Act could ultimately fail if lawmakers do not address concerns from traditional banks over stablecoin regulation. In an interview with Maria Bartiromo on Fox Business, Dimon appeared frustrated by the direction
JPMorgan Chase CEO Jamie Dimon has said banks will oppose the Clarity Act unless lawmakers change provisions that he says give crypto firms bank-like powers without bank-level safeguards. Summary Jamie Dimon said banks will oppose the Clarity Act unless lawmakers add stronger safeguards for stablecoin rewards. Dimon argued that crypto firms should not offer bank-like
Wintermute has entered prediction markets as a liquidity provider, bringing professional market-making capacity to a sector that has grown into a major venue for trading real-world event risk. Summary Wintermute will provide two-sided liquidity across prediction market platforms, helping improve execution depth and bid-ask spreads. Prediction markets surpassed $60 billion in trading volume in 2026,
