Newsletter Subject

Bitcoin ETFs Couldn’t Change JPMorgan CEO’s Mind? 😒

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coinmarketcap.com

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spotlight@newsletters.coinmarketcap.com

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Fri, Apr 19, 2024 11:21 AM

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Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ?

Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌       [CoinMarketCap Spotlight Logo](~/AAQRxQA~/RgRoBNjQP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPWF3Ym1rMHR4YWI0aVcDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   The crypto world is holding its breath as the long-awaited Bitcoin halving looms just around the corner. After what feels like an eternity of sideways trading and price stagnation (but it’s been really just a few days), some are cautiously optimistic that this supply squeeze could be the spark that reignites a fresh bull run for the OG crypto. Speaking of good things, we've got a bunch of crypto stories lined up for you today. Here are the headlines: - JPMorgan's CEO Jamie Dimon is recycling his anti-Bitcoin hits again. But [why is his firm](~/AAQRxQA~/RgRoBNjQP0SXaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1pcy1hLWRlY2VudHJhbGl6ZWQtcG9uemktc2NoZW1lLWpwLW1vcmdhbi1jZW8tamFtaWUtZGltb24tcmVpdGVyYXRlcy1uZWdhdGl2ZS1zdGFuY2U_bGlkPWkwbzV0bXlseDk5bVcDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) allowing crypto spot ETFs then? 🤔 - The Mango Markets exploiter has been convicted on all counts. But [how did](~/AAQRxQA~/RgRoBNjQP0SMaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvbWFuZ28tbWFya2V0cy1leHBsb2l0ZXItY29udmljdGVkLW9mLWZyYXVkLWFuZC1tYW5pcHVsYXRpb24tb3Zlci1kb2xsYXIxMTBtLWhlaXN0P2xpZD0wMmRwaHp1NHhvdGRXA3NwY0IKZiHQUyJmHoEdy1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) prosecutors prove his malicious intent? 👀 - Layer N has a new DeFi liquidity program backed by PayPal's co-founder. But [what’s the purpose](~/AAQRxQA~/RgRoBNjQP0STaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvbGF5ZXItbi1sYXVuY2hlcy1saXF1aWRpdHktcHJvZ3JhbS1mb3ItZGVmaS1hcHBzLXN1cHBvcnRlZC1ieS1wZXRlci10aGllbHMtZm91bmRlcnMtZnVuZD9saWQ9YjV3bmYyMzJrcHUyVwNzcGNCCmYh0FMiZh6BHctSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) of this program? 🕵️ - A massive 600M token airdrop aims to unify Web3 communities. Sounds ambitious, but [who's eligible](~/AAQRxQA~/RgRoBNjQP0SLaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvaW5mcmFzdHJ1Y3R1cmUtbGF5ZXItYXZhaWwtYW5ub3VuY2VzLTYwMG0tdG9rZW4tYWlyZHJvcC10by11bmlmeS13ZWIzLWVjb3N5c3RlbXM_bGlkPWp0NTgxN2x1dXZyZFcDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~), and how to claim it? - That iconic Shiba Inu meme image has new owners now. A win for the DAO, but how did they [pull it off](~/AAQRxQA~/RgRoBNjQP0SGaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvb3duLXRoZS1kb2dlLWRhby1zZWN1cmVzLWxlZ2FsLXJpZ2h0cy10by1pY29uaWMtc2hpYmEtaW51LWthYm9zdS1tZW1lLWltYWdlP2xpZD0wZjMwcWlmZmN3NHpXA3NwY0IKZiHQUyJmHoEdy1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)? 🐕 Let’s dive deeper into each of these stories! MARKET OVERVIEW GLOBAL MARKET CAP $2.36T ▲3.59% (24h) 24H MARKET VOLUME $114.11B ▲13.28% (24h) BITCOIN’S DOMINANCE 54.24% ▲0.2% (24h) FEAR & GREED INDEX 59 Neutral [Bitcoin] Bitcoin $64,944.47 ▲3.64% (24h) [Ethereum] Ethereum $3,109.6 ▲2.16% (24h) [BNB] BNB $559.8 ▲2.5% (24h) [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRoBNjQP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPWRjYXVsMWR1dHBzZFcDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRoBNjQP0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9ZGplb2t2enRndGNkVwNzcGNCCmYh0FMiZh6BHctSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRoBNjQP0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD1zNWJqbTc4Nm9rZnlXA3NwY0IKZiHQUyJmHoEdy1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRoBNjQP0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPWM1Z2RzYTdpNms5dlcDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Data as of: 19 Apr 2024 11:20 UTC [Gainer Icon] TOP GAINERS 24H% [Project Icon 4] [Felix](~/AAQRxQA~/RgRoBNjQP0QxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2ZlbGl4LXRva2VuL1cDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▲1146.11% [Project Icon 5] [Etherconnect](~/AAQRxQA~/RgRoBNjQP0QyaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2V0aGVyY29ubmVjdC9XA3NwY0IKZiHQUyJmHoEdy1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▲1028.99% [Project Icon 6] [Sats Hunters](~/AAQRxQA~/RgRoBNjQP0QyaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3NhdHMtaHVudGVycy9XA3NwY0IKZiHQUyJmHoEdy1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▲595.75% [Loser Icon] TOP LOSERS 24H% [Project Icon] [CITI Fediverse](~/AAQRxQA~/RgRoBNjQP0Q0aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2NpdGktZmVkaXZlcnNlL1cDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼98.76% [Project Icon 2] [Aardvark](~/AAQRxQA~/RgRoBNjQP0QuaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2FhcmR2YXJrL1cDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼98.45% [Project Icon 3] [NOBLEBLOCKS](~/AAQRxQA~/RgRoBNjQP0QxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL25vYmxlYmxvY2tzL1cDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼96.09%   JPMorgan's Dimon Dusts Off Anti-Bitcoin Greatest Hits Jamie Dimon is at it again. 🙄 In a recent interview ravaging the OG cryptocurrency, Dimon mentioned some of his greatest anti-Bitcoin hits for the umpteenth time. The highlights? Denouncing BTC as a "public decentralized Ponzi scheme," dismissing its utility as an actual currency, and flatly labeling it an outright "fraud." You'd think the billionaire would have updated his takes by now, especially as his own firm cozies up to the Bitcoin ecosystem as an "authorized participant" in newly launched spot ETFs. But that’s clearly not the case. Then why is he allowing his firm to take part in crypto spot ETFs if he doesn’t believe in it? [Read the full story](~/AAQRxQA~/RgRoBNjQP0SXaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1pcy1hLWRlY2VudHJhbGl6ZWQtcG9uemktc2NoZW1lLWpwLW1vcmdhbi1jZW8tamFtaWUtZGltb24tcmVpdGVyYXRlcy1uZWdhdGl2ZS1zdGFuY2U_bGlkPWxham5kZWtiem5ncVcDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   Mango Markets Exploiter Convicted Avraham Eisenberg, the 27-year-old exploiter of Mango Markets, was just convicted on all counts of fraud and manipulation by a Manhattan jury. Prosecutors successfully rebutted Eisenberg's "legitimate trades" defense by convincingly arguing the trader had malicious intent from the start. But how did they find it out? [Read the full story](~/AAQRxQA~/RgRoBNjQP0SMaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvbWFuZ28tbWFya2V0cy1leHBsb2l0ZXItY29udmljdGVkLW9mLWZyYXVkLWFuZC1tYW5pcHVsYXRpb24tb3Zlci1kb2xsYXIxMTBtLWhlaXN0P2xpZD04dmVjc2Z6azY1dWxXA3NwY0IKZiHQUyJmHoEdy1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   Layer N’s New DeFi Liquidity Program Layer N has announced a new liquidity program backed by PayPal’s co-founder. The Ethereum layer-2 upstart has officially revealed an initiative to start pumping sustainable liquidity streams into promising DeFi apps built atop its StateNet architecture. And funding that program? None other than Peter Thiel's Founders Fund. [Read the full story](~/AAQRxQA~/RgRoBNjQP0STaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvbGF5ZXItbi1sYXVuY2hlcy1saXF1aWRpdHktcHJvZ3JhbS1mb3ItZGVmaS1hcHBzLXN1cHBvcnRlZC1ieS1wZXRlci10aGllbHMtZm91bmRlcnMtZnVuZD9saWQ9YWxwOGp6cTVkcDh5VwNzcGNCCmYh0FMiZh6BHctSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   Countdown to the next Bitcoin Halving with CoinMarketCap! Back in 2016, a house priced at $288K would have demanded 664 Bitcoins as the purchase value. Fast forward to our present day in 2024, a house valued at a higher $434K now only costs a mere 6 Bitcoins! This comparison brings into stark relief the critical fact - despite housing prices marking a significant increase over the years, Bitcoin's purchasing power has experienced an astronomical surge, greatly outpacing the growth of the housing market. [BTC Purchasing Power vs USD](~/AAQRxQA~/RgRoBNjQP0RCaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9ldmVudHMvYml0Y29pbi1oYWx2aW5nLz9saWQ9OGU1cHZhYnFqaW1hVwNzcGNCCmYh0FMiZh6BHctSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) Experts and investors turn to [historical trends and rising institutional interest to predict Bitcoin’s next move](~/AAQRxQA~/RgRoBNjQP0R_aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1oYWx2aW5nLTIwMjQtZXhwZXJ0cy1wcmljZS1mb3JlY2FzdHMtYW5kLWhpc3RvcmljYWwtcGF0dGVybnM_bGlkPWtjempreGE3a2RuZ1cDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~), following the 4th Halving. Exciting long-term projections from industry heavyweights include Cathie Wood's ARK Invest envisioning Bitcoin crossing the $1 million mark, an idea outlined in their Big Ideas report. Medium-term, VanEck targets a BTC price of $325K, equivalent to half the market cap of gold, aligning with the 16x surge from the last bottom-to-top cycle in 2020-2021. What's your take? Could this cycle echo the post-halving surges of the past?   Stay tuned to CoinMarketCap's Bitcoin Halving countdown! Have ideas on the top Bitcoin price this cycle? Air your predictions with a tweet and participate in our event to possibly win $USDT! [Click Here To Participate](~/AAQRxQA~/RgRoBNjQP0RCaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9ldmVudHMvYml0Y29pbi1oYWx2aW5nLz9saWQ9cTJuMnZ5YmZ6a2J2VwNzcGNCCmYh0FMiZh6BHctSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)   600M Token Airdrop In an ambitious bid to start bridging the fragmented frontiers of the decentralized web, multi-chain infrastructure upstart Avail has announced a massive 600 million token airdrop aimed at unifying diverse Web3 communities in one ecosystem. Dubbed the "Unification Drop," the generous AVAIL token distribution represents Avail's effort to start aligning incentives across different blockchain ecosystems spanning Bitcoin, Ethereum, Solana, Avalanche and many more. But who is eligible for this airdrop? And how to claim it? [Read the full story](~/AAQRxQA~/RgRoBNjQP0SLaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvaW5mcmFzdHJ1Y3R1cmUtbGF5ZXItYXZhaWwtYW5ub3VuY2VzLTYwMG0tdG9rZW4tYWlyZHJvcC10by11bmlmeS13ZWIzLWVjb3N5c3RlbXM_bGlkPWh5anR5cGNqa3dkclcDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   Iconic Shiba Inu Meme Image Own The Doge DAO has pulled off scoring exclusive rights to that Shiba Inu image that kickstarted Doge mania over a decade ago. Through intense negotiations spanning three years and legal experts across two continents, the DAO founders managed to convince the Japanese "Kabosu" dog's owner to hand over usage rights and licensing controls for her famous 2010 living room couch snap. But how did they win this right? And can anyone else claim it? [Read the full story](~/AAQRxQA~/RgRoBNjQP0SGaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvb3duLXRoZS1kb2dlLWRhby1zZWN1cmVzLWxlZ2FsLXJpZ2h0cy10by1pY29uaWMtc2hpYmEtaW51LWthYm9zdS1tZW1lLWltYWdlP2xpZD10d3R0Y2c1enBnbWhXA3NwY0IKZiHQUyJmHoEdy1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   And that’s a wrap. We will be back with more updates!   [Apple Store](~/AAQRxQA~/RgRoBNjQP0RLaHR0cHM6Ly9hcHBzLmFwcGxlLmNvbS9hcHAvY29pbm1hcmtldGNhcC9pZDEyODIxMDcwOTg_bHM9MSZsaWQ9cmtqZjhvMXEwN3ZhVwNzcGNCCmYh0FMiZh6BHctSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [Google Play](~/AAQRxQA~/RgRoBNjQP0RhaHR0cHM6Ly9wbGF5Lmdvb2dsZS5jb20vc3RvcmUvYXBwcy9kZXRhaWxzP2lkPWNvbS5jb2lubWFya2V0Y2FwLmFuZHJvaWQmaGw9ZW5fVVMmbGlkPXBsbzJpb2MxMHRoeFcDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Twitter](~/AAQRxQA~/RgRoBNjQP0QyaHR0cHM6Ly90d2l0dGVyLmNvbS9Db2luTWFya2V0Q2FwP2xpZD00ZGdsZjd1dTdicHVXA3NwY0IKZiHQUyJmHoEdy1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [Telegram](~/AAQRxQA~/RgRoBNjQP0QraHR0cHM6Ly90Lm1lL0NvaW5NYXJrZXRDYXA_bGlkPTYybGk5amh3dWc1a1cDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Facebook](~/AAQRxQA~/RgRoBNjQP0Q3aHR0cHM6Ly93d3cuZmFjZWJvb2suY29tL0NvaW5NYXJrZXRDYXA_bGlkPWlwdjFyNTdmeGhkeVcDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Instagram](~/AAQRxQA~/RgRoBNjQP0Q5aHR0cHM6Ly93d3cuaW5zdGFncmFtLmNvbS9jb2lubWFya2V0Y2FwLz9saWQ9cmIyNDMwOTg5a2h0VwNzcGNCCmYh0FMiZh6BHctSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [LinkedIn](~/AAQRxQA~/RgRoBNjQP0RAaHR0cHM6Ly93d3cubGlua2VkaW4uY29tL2NvbXBhbnkvY29pbm1hcmtldGNhcC8_bGlkPWk2cjI2NDB0dHhzblcDc3BjQgpmIdBTImYegR3LUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) DISCLAIMER: Please be aware that CoinMarketCap is NOT a cryptocurrency exchange and does NOT facilitate the buying, selling, withdrawal or trading of crypto/token assets. 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