The previous weekend was filled with important developments on the planet of cryptocurrencies. From the controversial remarks of JPMorgan Chase & Co JPM CEO Jamie Dimon on Bitcoin to the political implications of the upcoming U.S. elections on crypto, and the Trump household’s foray into DeFi, the crypto sphere was something however boring. Right here’s a recap of the highest tales.
Jamie Dimon’s Bitcoin Feedback
Seven years in the past, Jamie Dimon, CEO of JPMorgan Chase & Co, made headlines for his scathing remarks on Bitcoin, even threatening to fireplace any JPMorgan dealer caught dealing within the cryptocurrency. Quick ahead to right this moment, the financial institution holds positions in ETFs monitoring Bitcoin. Fairly a turnaround, isn’t it? Learn the total article right here.
Scaramucci’s Crypto Politics
Because the 2024 U.S. presidential election looms, Anthony Scaramucci, founding father of SkyBridge, supplied his insights on the potential affect of the election final result on the crypto business. He predicts a extra open-minded strategy to crypto if Kamala Harris wins the election. Learn the total article right here.
See Additionally: ‘Dogecoin Killer’ Shiba Inu Burns 11 Million Cash In A Single Day: A Breakout ‘Could Spark The Subsequent Wave Of An Over 480% Run,’ Dealer Says
Trump’s DeFi Imaginative and prescient
The Trump household is gearing as much as launch a cryptocurrency challenge known as World Liberty Monetary. The announcement, made on Donald Trump’s social media platform, alerts a big shift from his earlier stance on digital currencies. Learn the total article right here.
Bitcoin’s Election Affect
A Bernstein report means that the 2024 election final result may considerably affect Bitcoin’s worth. A Trump victory may propel Bitcoin BTC/USD to $90K, whereas a Harris win may see Bitcoin retreating to $40K. Learn the total article right here.
Scaramucci’s Bitcoin Predictions
Anthony Scaramucci lately expressed gratitude to Michael Saylor, co-founder of MicroStrategy MSTR, for contributing to his newest guide on Bitcoin. Final week, Scaramucci predicted that Bitcoin may contact as much as $200K. Learn the total article right here.
Learn Subsequent: Ouch! Harris, Trump-Themed Political Meme Cash Down 90%: What Occurred To ‘4 Extra Years Of Catalysts’?
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