JPMorgan's Jamie Dimon sees ‘new competitors’ from blockchain, stablecoins
The CEO's annual shareholder letter warned that new tech is reshaping finance, with tokenization and blockchain competitors gaining as the bank scales its own network.
The CEO's annual shareholder letter warned that new tech is reshaping finance, with tokenization and blockchain competitors gaining as the bank scales its own network.
Acknowledging there was ”still a lot more work to do” before Congress could advance a market structure bill, Senator Bill Hagerty renewed attention starting next week.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YjhiZTEtMmYzNC03NDM3LTk1ZmYtNDlkNTY5YmYwMDUwLmpwZw==.jpg" alt="Can Trump’s ultimatum to Iran push Bitcoin price back up to $75K?" class="type:primaryImage"></p><p>While an Iran ceasefire favors stocks, Bitcoin’s path to $75,000 remains contingent on market trust despite Trump’s volatile diplomacy.</p>
Bernstein says Figure may be undervalued as loan volumes surge and its tokenized credit platform expands, despite recent stock declines and market volatility.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDYzODQtZGU2Zi03NGViLTkzYTYtODk0MzY0NmE2ODU1LmpwZw==.jpg" alt="Bitcoin profit taking keeps BTC below $70K as Trump doubles down on Iran" class="type:primaryImage"></p><p>Bitcoin found familiar resistance as it crossed the $70,000 mark to hit new April highs, with analysis blaming "profit-taking pressure."</p>
Buyers are attempting to push Bitcoin above the $70,000 level, but some analysts believe the upside may be limited and a drop below the $60,000 support is likely.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YjIyODEtZWNlYS03YjI2LTk2NTktZWU0ZWI1MTY2MGNhLmpwZw==.jpg" alt="Strategy adds $330M BTC as paper losses top $14.5B in Q1" class="type:primaryImage"></p><p>Strategy resumed Bitcoin purchases, acquiring 4,871 BTC for $329.9 million, while reporting a $14.46 billion unrealized loss and expanding its holdings.</p>
“We currently have a home equity line of credit in the amount of $30,000 and a car loan of $15,000.”
A darknet threat actor is selling new fraud kit to trick KYC identity verification systems on financial platforms via AI-generated deepfakes and real-time voice altering.
The largest part of the economy grew a bit slower in March as the Iran war drove up oil and other prices and companies responded by reducing employment, suggesting a rockier path for the economy until the conflict ends.
Jamie Dimon warns of a “skunk at the party” in 2026 in the form of rising inflation leading to a selloff in the stock market.
Institutional crypto flows through prime brokerages that enforce TradFi custody standards. Ripple's $1.25B Hidden Road acquisition signals a permanent infrastructure shift.
“My son is 33 years old, married, with an 18-month-old baby and another baby due in September.”
CEO pay at the “low-wage 20” averages $18.6 million, while many of their median workers rely on taxpayer-supported Medicaid and SNAP.
Last April, retail investors in the U.S. stepped in to grab the post-“liberation day” dip in stocks with both hands. This year, they’re taking a much more cautious approach as the war in Iran upends markets around the world.
Trump has threatened to knock out Iran’s power plants and bridges if the crucial strait is not reopened.
Marc Andreessen says AI job loss fears are “all fake” and predicts a “massive jobs boom,” as fresh US data show rising long-term unemployment and tech firms cite AI while cutting roles.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YjVkMWItMWY4OC03MzZkLWI3MTQtMTExNmM4MzczYmM4LmpwZw==.jpg" alt="Rushed quantum fix may backfire for Bitcoin, Samson Mow warns" class="type:primaryImage"></p><p>Samson Mow pushes back against calls to rush Bitcoin’s move to post-quantum cryptography, warning it could introduce new vulnerabilities.</p>
United’s new ‘luxury’ strategy is a risky bet for investors when fares and complaints are sky-high.
Analysts led by Yulia Zhestkova Grigsby, a commodities strategist, looked at product supplies, price responses and anecdotes to address the issue of whether the global economy is running short of oil.