Category: Crypto News

Jamie Dimon, CEO of JPMorgan Chase, urges the next U.S. president to end partisan politics, boost the economy, secure borders, and renew national pride with civics education.

Genesis, which filed for bankruptcy in 2023, has completed its Chapter 11 restructuring as of August 2, including the disbursement of $4 billion in funds to affected parties.

Morgan Stanley’s advisers will soon recommend Bitcoin ETFs like BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund to clients, marking a significant step for Bitcoin.

Lido Finance launches Lido Institutional, a liquidity staking solution designed for large-scale investors, including custodians, asset managers, and exchanges.

The second-quarter earnings for 2024 reveal a downturn in the generative AI sector, with major firms reporting poor performances. Consumer and enterprise interest in AI tools is waning.

A London-based think tank urges Kamala Harris to adopt a favorable stance on cryptocurrencies to counter Donald Trump’s crypto-friendly approach in the upcoming US election.

Global stock market sell-off impacts cryptocurrency markets, causing short-term bearish sentiment. Despite the downturn, long-term outlook for Bitcoin and other major cryptocurrencies remains positive.

CleanSpark’s July 2024 mining report reveals 494 BTC mined, totaling 4,108 BTC for the year. Bitcoin reserves reached 7,082 BTC, with expansions in Wyoming and Tennessee.

Morgan Stanley will allow its 15,000 financial advisers to recommend Bitcoin ETS from BlackRock and Fidelity starting August 7, marking a significant shift in crypto industry adoption.

Tech stocks face turbulence as major players like Intel and Nvidia fail to meet investor expectations. The semiconductor industry and Big Tech firms are under significant market pressure.