Banking giant JPMorgan will allow clients to buy Bitcoin, CEO Jamie Dimon said at the firm’s annual investor day. Speaking to CNBC, Dimon said clients would soon be able to buy Bitcoin, though the bank itself won’t hold the asset. …
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Genesis targets parent company DCG in dual lawsuits for over $1B in disputed transfers [btcmanager]
Crypto lender Genesis Global Capital has filed two lawsuits against its parent company, Digital Currency Group, and CEO Barry Silbert, seeking to recover over $1 billion in allegedly improper transfers made while Genesis was insolvent. According to a May 20…
SEC delays decision on Solana ETF applications citing market manipulation concerns [btcmanager]
The U.S. Securities and Exchange Commission has delayed its decision on four proposed Solana exchange-traded funds, including filings from Bitwise, 21Shares, VanEck, and Canary. The announcement, shared on a May 19 filing, indicates that the agency will “institute proceedings” to…
Cardano holds key support amid ADA misappropriation claims — will ADA crash when audit results are released? [btcmanager]
Despite controversy surrounding recent claims of misappropriation, Cardano is holding firm around the $0.74 support. The token is up 1.4% in the past 24 hours, though it remains down 5.6% over the past week. With a 24-hour trading volume of…
Cardano holds key support amid ADA misappropriation claims — will ADA crash when audit results are released? [btcmanager]
Despite controversy surrounding recent claims of misappropriation, Cardano is holding firm around the $0.74 support. The token is up 1.4% in the past 24 hours, though it remains down 5.6% over the past week. With a 24-hour trading volume of…
U.S. Senate advances GENIUS Act in major step toward stablecoin regulation [btcmanager]
The U.S. Senate voted on Monday, May 19, to move forward with the GENIUS Act, a landmark bill that would create a regulatory framework for stablecoins. According to the results published on the Senate’s website, the bill passed by a…
U.S. Senate advances GENIUS Act in major step toward stablecoin regulation [btcmanager]
The U.S. Senate voted on Monday, May 19, to move forward with the GENIUS Act, a landmark bill that would create a regulatory framework for stablecoins. According to the results published on the Senate’s website, the bill passed by a…
Ethereum exchange supply drops to 10-year low amid strong whale accumulation — is $3000 ETH price incoming? [btcmanager]
Ethereum’s supply on centralized exchanges has dropped to its lowest level in over 10 years, as large holders and institutions continue to accumulate the asset. According to a May 19 update by Santiment, less than 4.9% of Ethereum’s (ETH) total…
Ethereum exchange supply drops to 10-year low amid strong whale accumulation — is $3000 ETH price incoming? [btcmanager]
Ethereum’s supply on centralized exchanges has dropped to its lowest level in over 10 years, as large holders and institutions continue to accumulate the asset. According to a May 19 update by Santiment, less than 4.9% of Ethereum’s (ETH) total…
Stocks flat as Moody’s downgrades U.S. credit, S&P 500 rally stalls [btcmanager]
U.S. stocks were little changed Monday as investors reacted to Moody’s Ratings stripping the U.S. of its last triple-A credit grade and lawmakers advancing a tax bill expected to add significantly to federal deficits. The S&P 500, coming off a…