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Jamie Dimon Declares Bitcoin’s Lack of Value as JPMorgan Partners with Blackrock for Spot Bitcoin ETF

Benito Cormi2 years ago2 min read

Jamie Dimon Dismisses Bitcoin’s Value JPMorgan Chase CEO, Jamie Dimon, continues to assert that bitcoin has no intrinsic value, despite the recent approval of 11 spot…

SEC’s Approval of 11 Bitcoin ETFs Receives Lukewarm Market Response as Ethereum Takes Center Stage

Benito Cormi2 years ago2 min read

Ethereum Surges as Bitcoin Remains Steady After SEC Approvals The U.S. Securities and Exchange Commission’s (SEC) decision to approve 11 spot bitcoin exchange-traded funds (ETFs) is…

SEC Gives Go-Ahead to 11 Spot Bitcoin ETFs in Large Numbers

Benito Cormi2 years ago3 min read

Spot Bitcoin ETFs Gain SEC Approval The U.S. Securities and Exchange Commission (SEC) has granted approval for 11 spot bitcoin exchange-traded funds (ETFs) to be listed…

Expert Trader Peter Brandt Describes Bitcoin ETF as a ‘Traditional Rumor-Driven Investment Phenomenon’

Benito Cormi2 years ago2 min read

Brandt Questions Maximalists’ Commitment to the Values of Bitcoin Veteran trader Peter Brandt suggests that the excitement surrounding the expected approval of spot Bitcoin exchange-traded funds…

Decrease in Bitcoin Transaction Fees Despite Ongoing Network Congestion

Benito Cormi2 years ago2 min read

The Decline in Bitcoin’s Onchain Fees Since mid-December 2023, there has been a significant decrease in Bitcoin’s onchain fees. The average fees have fallen by over…

Ethereum Makes a Comeback: Surpasses 2-Year Low Against Bitcoin Post-Misleading SEC Report

Benito Cormi2 years ago2 min read

Ether Bounces Back After SEC News Yesterday, ethereum (ETH) saw a 4.32% increase in value against the U.S. dollar, while bitcoin (BTC) experienced a 3.97% decline…

UAE’s Phoenix Group Enhances Mining Power With $187M Bitmain Partnership Amidst Global ASIC Competition

Benito Cormi2 years ago2 min read

Pheonix Group Expands Mining Fleet Through Bitmain Partnership Phoenix Group, a bitcoin mining and blockchain infrastructure company, has announced its recent acquisition of $187 million worth…

Australian Government Official to Scrutinize Regulator’s Failure to Alert Crypto Investors

Benito Cormi2 years ago3 min read

Failing to Issue Warnings An Australian government official has criticized the country’s securities regulator, the Australian Securities and Investments Commission (ASIC), for its failure to warn…

North Korea-Linked Hackers Pilfered $600 Million in 2023 — Exceeding Damage of Other Incidents by Tenfold

Benito Cormi2 years ago2 min read

North Korean Hackers Steal $600 Million in Digital Assets The latest research by blockchain intelligence firm TRM Labs reveals that North Korea-affiliated hackers stole at least…

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