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JPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review

JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, recently calling it a “hyped-up fraud,” and a “pet rock.” For it’s part, Bank of America has said that…

Continue ReadingJPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review

Here’s why Bitcoin price could correct after the US government resolves the debt limit impasse

Bitcoin price has been on a tear, but analysts warn that resolving the U.S debt limit issue could trigger sharp downside for risk assets like BTC.

Continue ReadingHere’s why Bitcoin price could correct after the US government resolves the debt limit impasse

Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries

Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.

Continue ReadingBinance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries

Price analysis 1/25: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX

Bitcoin and the wider crypto market began to correct after the bullish momentum that drove last week’s rally to year-to-date highs started to fizzle out.

Continue ReadingPrice analysis 1/25: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX