Jamie Dimon, the CEO of JPMorgan, said his bank will soon allow its clients to buy Bitcoin, but it won’t custody the cryptocurrency. “We are going to allow you to buy it,” Dimon said at JPMorgan’s annual investor day on May 19. “We’re not going to custody it. We’re going to put it in statements … Read more
Key Points: Zhao Changpeng discusses investment risks in cryptocurrency. No major financial impacts yet. Community debates risks, reflecting ongoing market discussions. No immediate regulatory shifts align with his statement. Zhao Changpeng (CZ), Binance founder, recently conveyed that both investing in and abstaining from cryptocurrency involve risks. This statement, shared on a crypto industry network, adds … Read more
JPMorgan is finally letting its clients buy Bitcoin, showing a huge change from one of Wall Street’s most famously skeptical institutions. And while CEO Jamie Dimon still doesn’t like crypto, he’s made it clear that what he thinks personally won’t stop the bank from giving customers what they want. A Change in Tune, But Not … Read more
Financial risk assessment getty The Trump Administration has announced its desire to impose price controls on drugs – officially called a most favored nation (MFN) policy. Essentially, the policy sets the price for the targeted drugs at the lowest price in other industrialized countries. The president’s justification for the MFN is simple: Americans are getting … Read more
The US Senate has voted to advance a key stablecoin-regulating bill after Democrat Senators blocked an attempt to move the bill forward earlier in May over concerns about President Donald Trump’s sprawling crypto empire. A key procedural vote on the Guiding and Establishing National Innovation for US Stablecoins Act, or GENIUS Act, passed in a … Read more
A sweeping regulatory revolution is underway as the SEC unveils bold plans to unify crypto and securities oversight, slashing red tape and embracing market innovation. SEC Chair Declares New Crypto Era With Push for Unified Market Rules U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins, addressing the SEC Speaks conference on May 19, delivered … Read more
Key Points: Sonic SVM transitions from token burning to buy-and-lock to enhance holder value. Changes impact transaction fee handling and liquidity pooling strategies. Market response expected at SVM Summit 2025, New York City. Sonic SVM announced an upgrade to its token economic model on May 19, 2025, with a new SONIC token value accumulation mechanism … Read more
Cigamatoi has announced the release of the IOTA Staking APY Calculator, a tool for determining the most profitable validators. It also has a reward tracking mechanism that protects users’ data, making it one of the most convenient staking tools within the ecosystem. In a bid to simplify and supercharge the staking experience for IOTA users, … Read more
WTI price gains ground to around $62.10 in Tuesday’s early Asian session. Iran said nuclear talks could break down if the US insists on no enrichment. A US credit rating cut by Moody’s and slowing retail sales in China could drag the WTI price lower. West Texas Intermediate (WTI), the US crude oil benchmark, is trading … Read more
Anza, a Solana blockchain infrastructure firm spun out of Solana Labs, has proposed a new proof-of-stake consensus called Alpenglow that it claims would be “the biggest change to Solana’s core protocol” and compete with current internet infrastructure. “We believe that the release of Alpenglow will be a turning point for Solana. Alpenglow is not only … Read more