Bitcoin, crypto
Digest more
JPMorgan Chase is finally allowing clients to buy bitcoin. But CEO Jamie Dimon is still a skeptic.“We are going to allow you to buy it,” Dimon said at the bank’s annual investor day on Monday. “We’re not going to custody it.
Bitcoin nears record high as ETF inflows, macro uncertainty, and trade-driven inflation risks draw investor interest.
The bill and Moody's credit downgrade have increased concerns over the sustainability of US public finances. The USD index has fallen towards 100.00, and BTC could become increasingly more attractive as a hedge against these growing fiscal concerns. Bitcoin trades just 4% away from its record high and is up 40% from its April low.
2don MSN
On May 21, Bitcoin options markets showed a slight increase in demand for put (sell) options, but nothing unusual. For comparison, the put-to-call ratio at Deribit dropped to 0.4x during the previous bull run on Jan. 20, reflecting lower confidence due to reduced volumes in call (buy) options.
The Fed revised its 2025 inflation forecast up to 2.8% (from 2.5%), reinforcing concerns that price pressures remain sticky. Bitcoin’s reputation as an inflation hedge remains mixed: During the ...
Bitcoin’s drop appears tied to renewed risk-off sentiment across global markets. After hovering near $106,000 over the weekend, the leading cryptocurrency slid to an intraday low of $102,870 on Monday, tracking weakness in U.S. equity futures and broader investor caution.
The invite caused the value of $TRUMP to spike, giving the Trumps more than $1.3 million in fees alone, which are generated whenever someone buys or sells the meme coin. Others, seeing the bump, seized the opportunity to sell their holdings and rake in the cash.