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JP Morgan CEO Jamie Dimon says bank will get involved in spite of skepticism

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Jamie Dimon, CEO of Global Bank Giant JPMorgan (JPM)said the bank plans to become more involved in stableecoins, even when he questioned their practical tools compared to traditional payments. “We will be involved in both JPMorgan Depositcoin and StableCoins to understand it, to be good at it,” Dimon said under the bank’s Tuesday earnings call. […]

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US HOUSE SEE HICCUP IN CRYPTO BILLS PROCEDURE VOOKS AS FREEDOM CAUCUS -UGES

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As it went into Crypto Week on Tuesday, the US House opposed to passing bills with digital assets suddenly stopping over a procedural vote when members of the House Freedom Caucus opposed how some of the legislation has evolved during Senate dominance. Failed by the procedural vote quickly threw the crypto markets about uncertainty about

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Gated community is actually good at crypto – Marc Vanler

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For more than a decade, the crypto industry has advanced decentralization, transparency and self -reformity. These principles are noble – and in many ways essential. But if we are honest, they have not yet translated into broad, mainstream -admission. The dream of billions of people using blockchain every day is still pretty much that –

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Genius Act killed yield -bearing stableecoins. It can save defi.

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Congress can pass the most consequential cryptic business in the decade of this week, drawing a bright red line through one of the defense grayest gray areas: yield -bearing stablecoins. At first glance, it seems that the genius law is a straightforward legislative victory. Finally, it will give over $ 120 billion in Fiat-backed StableCecoins

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Proshares launches geared Solana (Sun) and XRP ETFs after sneezing arca approval

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Two new crypto exchange traded funds (ETFS) Targeting of Solana And XRP will be launched in the US on Tuesday and marks another step in the expanding intersection of traditional funding and digital assets. Proshares, a big player in geared ETFs, rolled out Proshares Ultra Solana Etf (Slon) and Proshares Ultra XRP Etf (UXRP). Both

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StableCoins can reshape US Treasury Market to $ 750b threshold, says Standard Chartered

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The StableCOin market could begin to reshape traditional funding if it grows to around $ 750 billion, according to Geoff Kendrick, Standard Chartered’s head of Digital Assets Research. Kendrick, who wrote in a note on Tuesday after a week’s long trip through Washington, New York and Boston, said there is a growing consensus among the

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Atom Consolidates After Summary Return, Tested Critical Support Levels

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Coindesk Analytics are Coindesk’s AI-powered tools that, using human journalists, generate market data analysis, price movement reports and financial content focused on cryptocurrency and blockchain markets. All content produced by Coindesk Analytics undergoes human editing of Coindesk’s editorial team before publication. The tool synthesizes market data and information from Coindesk data and other sources of

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