Tech

13 January

Trump’s Crypto Vision Clashes with Jamie Dimon’s Bitcoin Doubts

Jamie Dimon Compares Bitcoin to Smoking, Criticizes Its Criminal Use “Dimon Doubles Down on Bitcoin Skepticism Amid Trump’s Pro-Crypto Push Bitcoin Faces Scrutiny as Dimon Warns of Crime Links and Value Gaps Elon Musk’s Efficiency Plans and Dimon’s Bitcoin Concerns: What’s Next? Jamie Dimon Criticizes Bitcoin, Cites Concerns Over Crime and Lack of Value JPMorgan Chase (JPM) CEO Jamie Dimon …

13 January

Bitcoin Drops Below $91K as Markets Brace for Trump’s Return

Crypto in Decline: Bitcoin Sinks Amid Fed and Inflation Concerns Trump’s Crypto Promises Loom as Bitcoin Slides Below $100K Market Jitters: Bitcoin and Altcoins Tumble Ahead of CPI Report Crypto Market Shakes as Trump Picks Pro-Bitcoin SEC Chair Bitcoin Dips Ahead of Trump’s Inauguration Amid Market Jitters Bitcoin’s post-election rally has hit a snag, with the cryptocurrency falling into the …

13 January

MicroStrategy’s $42B Plan to Dominate Bitcoin Investment

MicroStrategy Adds $243M in Bitcoin: Now Owns 2% of Total Supply Bitcoin Giant: MicroStrategy’s $41B Crypto Stash Grows Even Bigger Michael Saylor’s Bitcoin Bet: MicroStrategy Ramps Up Crypto Holdings Stock and Crypto Power Play: How MicroStrategy Is Betting Big on Bitcoin MicroStrategy Acquires $243M in Bitcoin, Strengthening Its Position as a Top BTC Holder MicroStrategy Inc. (MSTR), the business intelligence …

13 January

MoonPay Acquires Helio as Trump’s Crypto Boom Takes Shape

MoonPay’s $175M Helio Buyout Sets the Stage for Crypto Payments Revolution Helio Joins MoonPay: A $175M Bet on the Future of On-Chain Payments Crypto Payments Giant MoonPay Expands with Helio Acquisition Trump Era Kicks Off with MoonPay’s Landmark $175M Deal MoonPay Acquires Helio for $175M in Landmark Crypto Payments Deal MoonPay, a leading crypto payments platform, has acquired blockchain payment …

13 January

Crypto Markets Stumble Amid Fed Rate Uncertainty

Bitcoin Dips as Strong Jobs Report Puts Fed Rate Cuts in Doubt Fed Pause or Hike? Bitcoin Feels the Heat of Hawkish Projections Jobs Data Jolts Bitcoin: Will Fed Cuts Have to Wait? Rate Cut Delays Slam Bitcoin and Markets: What’s Next for the Fed? Bitcoin (BTC) began the week on a sour note, sliding below $93,000 during European trading …

13 January

Senate to Launch Crypto Oversight Subcommittee Led by Sen. Lummis: Report

In a significant move toward addressing the rapidly evolving cryptocurrency landscape, the United States Senate is reportedly forming a dedicated subcommittee to oversee digital assets, blockchain technology, and associated financial regulations. The initiative will be spearheaded by Senator Cynthia Lummis (R-WY), a long-time advocate for cryptocurrency and blockchain innovation. A Step Toward Comprehensive Crypto Regulation The formation of the subcommittee …

13 January

Indian Crypto Exchange Mudrex Faces Backlash After Halting Withdrawals

Mudrex, one of India’s prominent cryptocurrency exchanges, is facing growing criticism from its user base after it temporarily halted crypto withdrawals. The unexpected move has sparked outrage within the community, with many users expressing concerns over the security of their funds and the exchange’s transparency. The Withdrawal Freeze Mudrex, which allows users to invest in cryptocurrency portfolios and offers a …

13 January

JPMorgan CEO Jamie Dimon Likens Bitcoin to Smoking: A Stark Warning

Jamie Dimon, the CEO of JPMorgan Chase, has once again voiced his skepticism about Bitcoin, comparing the digital currency to smoking in a recent interview. Dimon’s comments, which draw a parallel between Bitcoin’s potential risks and the well-documented dangers of smoking, have reignited debates about the long-term viability of cryptocurrencies. Dimon’s Cautionary Tale During a financial conference, Dimon was asked …

13 January

Singapore Bans Polymarket: Crypto Prediction Platform Hit for Unlicensed Gambling

In a significant regulatory move, Singapore has banned Polymarket, a popular cryptocurrency-based prediction platform, citing unlicensed gambling activities. The decision highlights the city-state’s strict stance on compliance and consumer protection within its tightly regulated financial environment. The Ban Explained Singapore’s Gambling Regulatory Authority (GRA) announced the ban, stating that Polymarket was operating without the necessary licenses required to provide gambling …

13 January

Crypto Mining Booms in Russia: Hardware Sales Triple Amid Promised ‘Light Touch’ Regulation

Russia is experiencing a surge in cryptocurrency mining activity, with hardware sales reportedly tripling in recent months. This spike coincides with hints from Moscow of adopting a “light touch” regulatory approach to the crypto industry, creating a favorable environment for miners and investors alike. A Mining Boom Fueled by Demand The demand for crypto mining hardware, such as ASIC miners …