In his annual shareholder letter released on Monday, Jamie Dimon, the CEO of JPMorgan, issued a cautionary note to fellow shareholders, highlighting the looming threat of heightened inflation in the United States. Dimon attributed this potential surge in inflation to what he described as “a growing need for increased spending” within the economy. Dimon’s comprehensive…

Brad Garlinghouse, the CEO of Ripple, is projecting a remarkable growth trajectory for the cryptocurrency market, envisioning its market capitalization surging beyond $5 trillion by the conclusion of the current year. In a recent interview with CNBC, Garlinghouse elaborated on his optimistic forecast, attributing the potential doubling of the market’s value to a convergence of…

Investor enthusiasm for digital asset investment products remains robust, as evidenced by recent influxes into various offerings. According to a report from CoinShares, a substantial $646 million flowed into these vehicles, propelling year-to-date inflows to an unprecedented $13.8 billion, surpassing the previous year’s total of $10.6 billion. Bitcoin remains the primary focal point for investors,…

Polo, traditionally renowned as a sophisticated affair epitomized by champagne and graced by the elite strata of society, is undergoing a transformation as it is embraced by the cryptocurrency community. This adaptation signifies a convergence of two seemingly disparate worlds: the opulence and exclusivity long associated with polo events merging with the cutting-edge innovation and…

Coinbase has issued a warning regarding potential challenges to upward momentum as traders anticipate a price surge preceding the Bitcoin (BTC) halving. Released on April 5, Coinbase’s market commentary report stresses the importance of the cryptocurrency market finding alternative narratives to drive prices higher. The Bitcoin halving, expected around April 20 or 21, has historically…

Following the blockade imposed by the Philippines’ Securities and Exchange Commission (SEC) on Binance, cryptocurrency users in the country find themselves grappling with the inability to access their funds. In a recent interview, Paolo Ong, who holds the position of officer in charge at the SEC’s PhiliFintech Innovation Office, shed light on the predicament. Ong…

in brief Costa Rica reignites discussions regarding cryptocurrency usage for daily transactions. JAN3 highlights renewed interest in cryptocurrency legislation within Costa Rica. Congresswoman Johana Obando leads advocacy for Bitcoin during legislative deliberations. Costa Rica is actively engaged in discussions regarding the legality and everyday usage of Bitcoin and other cryptocurrencies, reflecting a global trend towards…

Bloomberg reported at the end of the week that the now-defunct crypto exchange FTX has sold approximately two-thirds of its Solana holdings at a significant markdown. Following a court order to liquidate its substantial SOL holdings to settle its debts, concerns arose among SOL investors regarding a potential rapid drop in the cryptocurrency’s value if…

The legal saga surrounding Roman Storm, the developer of Tornado Cash, has garnered significant attention from crypto advocacy groups, who have rallied in support of his cause. Storm, who found himself in legal jeopardy following his arrest in August and subsequent charges related to his involvement with the Ethereum privacy protocol, Tornado Cash, has recently…