
Former Coinbase CTO: Trump’s Tariffs May Hurt US Economy but Good for Cryptocurrencies
Inflation and tariffs dominate 2025 market concerns, with 51% of JPMorgan’s institutional clients citing them as key risks, up from 27% in 2024.
Former JPMorgan Chase & Co. executive Blythe Masters will become CEO of cryptocurrency startup Digital Asset Holdings, which formally launches on Wednesday, March 11, 2015.
Inflation and tariffs dominate 2025 market concerns, with 51% of JPMorgan’s institutional clients citing them as key risks, up from 27% in 2024.
JPMorgan analysts have identified two major factors behind the dwindling demand for Bitcoin and Ethereum futures.
US lawmakers are pushing for new stablecoin regulations that might impact Tether’s operations in the market.
The majority of institutional investors plans to steer clear of crypto this year.
Bitcoin’s volatility should decrease over the long term as institutions deepen their involvement, Citi pointed out.
JPMorgan analysts say Bitcoin has a high correlation with the Russell 2000 Index.
Despite growing challenges, miners sustained a nearly stable hashprice, with only a marginal dip of less than 1% since December.
Matthew Sigel described the potential XRP and SOL ETFs as game changers, echoing growing sentiment about the transformative impact of such products.
Galaxy Digital will work with a new CFO as it prepares for the pro-Donald Trump Presidency.
JPMorgan’s retail sentiment indicator for Bitcoin reached an all-time high of 4 following strong inflows into US-listed spot Bitcoin ETFs after Donald Trump’s election victory.
Michael Saylor, founder and chairman of MicroStrategy, said: “We have a #Bitcoin President”.
JPMorgan shifts towards FX spreads as part of its strategy to generate additional revenue for the Kinexys network.
According to forecasts by Standard Chartered, the tokenization market is poised to surge to an astounding $30 trillion by 2034.
A major push for Bitcoin in TradFi came from the approval of spot Bitcoin ETFs by the US SEC in January.
This adoption of blockchain technology in bond issuance marks a major step forward. Particularly, for the benefits it offers.