Yagyesh Jaiswal

JPMorgan CEO Slams Bitcoin as 'Ponzi' Amid ETF Moves

Jamie Dimon, CEO of JPMorgan Chase, labels Bitcoin a 'Ponzi scheme' even as the bank participates in BlackRock's Bitcoin ETF, highlighting the complexity of the crypto landscape in traditional banking.

Yagyesh Jaiswal

JPMorgan CEO Jamie Dimon has renewed his criticism of Bitcoin, calling it a 'Ponzi scheme', despite the bank's role in facilitating BlackRock’s Bitcoin ETF. His views contrast with the growing integration of blockchain technologies in traditional finance.

IMF: Bitcoin Key for Stability in Tight Economies

The International Monetary Fund acknowledges Bitcoin’s role in facilitating cross-border financial flows, highlighting its importance in countries with economic instability and strict financial regulations.

Yagyesh Jaiswal

The IMF identifies Bitcoin as a vital financial tool for residents in countries with restrictive financial controls, using it to preserve wealth and engage in global commerce despite local economic challenges.

Hong Kong's Crypto ETFs Eye $1B AUM in 2 Years

Bloomberg analysts project that Hong Kong's newly approved Bitcoin and Ethereum ETFs will amass $1 billion in assets within two years, despite challenges for Chinese investors and market maturity concerns.

Yagyesh Jaiswal

Despite initial reservations, Bloomberg now predicts that Hong Kong's Bitcoin and Ethereum ETFs will achieve $1 billion in assets under management within two years, reflecting growing confidence in the region's crypto market potential.

Israeli Bank Official: Cash's Decline in Digital Age

Deputy Governor Andrew Abir of the Bank of Israel discusses the reduced role of cash due to digital payment innovations and explores the potential of the digital shekel in a new sandbox environment.

Yagyesh Jaiswal

Andrew Abir, Deputy Governor of the Bank of Israel, remarks on the decline of cash usage due to digital payment methods and introduces a sandbox for testing the digital shekel to enhance financial competition.

Runes protocol set to launch fungible tokens on Bitcoin

Casey Rodarmor, the creator of the Ordinals protocol, is set to launch his new Runes protocol on Bitcoin that will allow users to create fungible tokens like those seen on other blockchains.

Yagyesh Jaiswal

Rodarmor's new Runes protocol looks to address limitations with existing standards like BRC-20 by offering a more efficient and simpler way to create fungible tokens atop the Bitcoin network. Its launch is timed to coincide with Bitcoin's next halving event on April 19, 2024.

Bybit Report Predicts BTC Shortage on Exchanges Post-Halving

Bybit's latest report forecasts a potential depletion of Bitcoin reserves on exchanges within nine months, influenced by high withdrawal rates and the upcoming halving event.

Yagyesh Jaiswal

Bybit anticipates Bitcoin reserves on exchanges could run out in nine months due to increasing withdrawals and reduced production following the halving event, potentially leading to a liquidity crisis.

$7.5B ASI Token Launch in May as AI Crypto Surges

Fetch.ai, SingularityNET, and Ocean Protocol are set to launch the ASI token in May, marking a significant move in the crypto industry with a combined market cap of $7.5 billion, aiming to democratize AI development.

Yagyesh Jaiswal

The Artificial Superintelligence Alliance, including Fetch.ai, SingularityNET, and Ocean Protocol, announces the May launch of the ASI token, merging their efforts to accelerate AI in the crypto sector with a projected market capitalization of $7.5 billion.

A Comprehensive Guide to Runes

Runes is a groundbreaking new protocol poised to bring smart contracts and tokenized assets to Bitcoin's blockchain. This article explains what Runes is, how it works, and why its launch could transform Bitcoin into a full-fledged DApp platform.

Yagyesh Jaiswal

Casey Rodarmor's Runes protocol promises to unlock unprecedented functionality for Bitcoin by enabling native tokenized assets and smart contracts through a UTXO-optimized system. By understanding Runes, users can participate in the emerging opportunities it creates - like stablecoins, securities offerings, and sophisticated DeFi apps built directly on Bitcoin's battle-tested security model. Runes heralds an exciting future that could cement Bitcoin as the foremost blockchain for all cryptocurrency and digital asset needs.

Stablecoin Regulation Gains Traction After Key Talks

Recent discussions among U.S. lawmakers hint at potential progress on stablecoin regulation, possibly aligning it with other significant legislative efforts later this year.

Yagyesh Jaiswal

Key discussions among House and Senate leaders could pave the way for stablecoin regulation in the U.S., with potential inclusion in broader legislative packages during the upcoming legislative sessions.

Bitcoin NFTs Gain Market Share Before Halving

Bitcoin NFTs have outpaced Ethereum and Solana in trading volume, capturing 55% of the market as the Bitcoin network approaches its halving event.

Yagyesh Jaiswal

Bitcoin-based NFTs have seen a remarkable surge in trading volume, surpassing Ethereum and Solana combined, driven by the anticipation of the upcoming Bitcoin halving and innovations like the Runes Protocol.