Author: Coindesk
JPMorgan CEO Jamie Dimon’s Annual Letter: Interest Rates Could Go Far Higher Than Many Expect (Full Text)
Business Resource Groups. To deepen our culture of inclusion in the workplace, we have 10 Business Resource Groups (BRG) across the company to connect more than 160,000 participating employees around common interests, as well as to foster networking and camaraderie. Groups welcome anyone — allies and those with shared affinities alike. For example, some of our largest BRGs are Access Ability (employees with disabilities and caregivers), Adelante (Hispanic and Latino employees), BOLD (Black employees), NextGen (early career professionals), PRIDE (LGBTQ+ employees) and Women on the Move.Women on the Move. At JPMorgan Chase, they sure are! Women represent 28% of our…
“Crypto is the future of finance, which also means it’s the future of crime,” Lee wrote in a Monday blog post on Chainalysis’ website. He added that each of the cases were “reflective of the fact that cryptocurrency is, at least in part, being used for a wide range of nefarious activities.” Read the full article here
Eigenlayer has captured the biggest mindshare, however. Over $56,000 is betting on whether the platform will release a token before June 30 on the general airdrop market, with a 66% probability. A separate market that ends on April 30 has attracted even more money—$63,000—but with just a 17% chance of an airdrop. Read the full article here
The head of Binance’s financial crime compliance was detained in the country along with another executive at the company, Nadeem Anjarwalla, back in February amid accusations by Nigeria’s government that Binance had helped process illegal funds worth billions of dollars and that it had manipulated the exchange rate for the Nigerian naira. Read the full article here
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
Benchmark raised its MicroStrategy price target to $1,875 from $990 while maintaining its buy rating. The new price target is based on the assumption that bitcoin will reach $150,000 by the end of 2025, up from $125,000 previously. MicroStrategy shares rose more than 11% to around $1,601 in trading before the official open of U.S. markets. Read the full article here
“From a qualitative perspective, I continue to believe paying a volatility premium for a highly predictable outcome (the BTC halving) isn’t worth a volatility event premium,” Greg Magadini, director of derivatives at Amberdata, said in a newsletter on Monday. Read the full article here
“If the breakout is bullish, which we suspect, bitcoin could climb above 80,000 during the next few weeks – if not earlier. Buying at $69,280 and setting a stop loss at $65,000 appears appropriate,” Markus Thielen, founder of 10X Research, said in a note sent to clients early Monday. Read the full article here
“We have close to a dozen of these token launches already planned and due to be announced in the coming days and weeks,” TokenFi developer B told CoinDesk in a release. “However, we envision a scenario in which some of these token sale events could be sold out in minutes, especially if open to the general public.” Read the full article here
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…