JPMorgan Chase, the largest bank in the United States, announced that it will allow its clients to use BlackRock's bitcoin ETF, the iShares Bitcoin Trust (IBIT), as collateral for loans, in a decision that redefines the relationship between traditional banking and the world of cryptocurrencies. This measure, which will be implemented in the coming weeks, also includes considering clients' cryptocurrency holdings in the calculations of equity and liquidity, equating them to traditional assets such as stocks or luxury goods.
JPMorgan's change of stance comes after years of skepticism from its CEO, Jamie Dimon, who has not hesitated to label bitcoin as a "fraud" and "without intrinsic value" in the past. However, institutional pressure and the growing demand from clients for products linked to cryptocurrencies have forced the bank to adapt to the new financial landscape, where bitcoin ETFs already manage more than USD 125 billion in assets, and BlackRock's fund leads the sector with a dominant share. #CryptoCharts101 #btc#JPMorganBitcoin
stablecoin USDT, would reach a valuation of $515 billion if it were to go public today, surpassing giants like Coca-Cola, a symbol of the U.S. economy.
With that hypothetical valuation, Tether would be the 19th most valuable company in the world. Its CEO, Paolo Ardoino, believes that the figure is understated, considering its reserves in bitcoin and gold.
Although it does not plan to go public, Tether's global weight is growing: it has already surpassed Germany in holdings of Treasury bonds and is shaping up to be a key player in U.S. finance.
#trump#reserva federal Trump plans to remove the maximum debt ceiling of America. This measure could lead to the U.S. printing more dollar bills than it typically does, thanks to the ability to request this printing without restraint from the Federal Reserve. It is worth noting that the American government, by implementing this measure, will generate an increase in the circulation of dollars, and therefore the value of the dollar will decrease due to the increase in circulation, leading to inflation. It is possible that this measure will increase the value of BTC as it could generate greater investment capacity in the currency. Despite realistic consequences, the dollar loses value, and currencies like BTC and others that are not actually decentralized finance maintain their value or increase it.
#fed Bowman made these statements on June 6, during her first public speech as vice president after officially taking office, following her confirmation by the United States Senate as the central bank regulator.
During her speech, the new official discussed the initiative she plans to carry out within the FED in order to modernize banking supervision and regulation.
In the current context of the cryptocurrency market, it is essential to pay attention to the situation of altcoins. Recently, it has been observed that the market capitalization of these cryptocurrencies is below their historical highs, raising questions about their future. Key Data The total capitalization of altcoins has shown a downward trend, indicating a possible decrease in investor interest. This phenomenon not only affects individual altcoins but also reflects a general perception of the market. Expert Perspectives Several analysts have commented on this situation, suggesting that the recovery of the altcoin market could depend on factors such as institutional adoption and the regulatory climate. In this regard, Bitcoin remains a crucial indicator, as its performance often influences the behavior of altcoins. Future of the Market Despite the current situation, there is a sense of optimism among some experts. Altcoins are considered to have significant long-term growth potential, as long as there is active interest from investors. Conclusion It is essential for investors to stay informed about the dynamics of the altcoin market. The current capitalization may influence future investment decisions, and being aware of trends is key to capitalizing on opportunities that may arise in this space.#AltcoinSeason2025 #BTCMove #
Summary of the Article on Binance and the Trading Volume of Altcoins
The recent increase in trading volume of altcoins on Binance suggests a strong momentum in the cryptocurrency market. Several analysts emphasize that this rise could indicate renewed interest from investors, which could lead to significant growth in the value of these alternative coins. Key Points: •Increase in Volume: A notable increase in the trading volume of altcoins on Binance has been observed, reflecting greater activity in the market.
Recently, Arthur Hayes, co-founder of BitMEX, made a bold prediction about the future of Bitcoin, suggesting that its value could reach the astonishing figure of 1 million dollars in the coming years. This article explores the reasons behind this assertion and its possible impact on the cryptocurrency market. ## Market Context As the financial world evolves, Bitcoin has proven to be a safe haven and a viable alternative to traditional currencies. With the increasing adoption of cryptocurrencies and global economic uncertainty, many investors are looking to diversify their portfolios.
In 2024, Bitcoin has experienced significant growth, driven by the approval of exchange-traded funds (ETFs) that have attracted institutional investors. This milestone has marked a turning point in the legitimization of cryptocurrencies in the traditional financial market. Additionally, Donald Trump's victory in the elections has generated a new climate of optimism regarding the regulation of crypto assets, leading to an increase in confidence and adoption of Bitcoin. This combination of factors is expected to continue driving the growth of Bitcoin in the future.
From ETF Approval to Donald Trump's VictoryIn 2024, Bitcoin has experienced significant growth, driven by the approval of exchange-traded funds (ETFs) that have attracted institutional investors. This milestone has marked a turning point in the legitimization of cryptocurrencies in the traditional financial market. Additionally, Donald Trump's victory in the elections has generated a new climate of optimism regarding the regulation of crypto assets, leading to increased confidence and adoption of Bitcoin. This combination of factors is expected to continue driving Bitcoin's growth in the future.
The Only One That Outperformed Bitcoin at Its Peak
<t-14/>#TopCoinsSeptember YFI: In the fast-paced world of cryptocurrencies, where records are constantly being broken, YFI stands out as a true phenomenon. This cryptocurrency has not only shown exponential growth but, during the last Bitcoin halving, achieved the unprecedented feat of surpassing its value of BTC in its historical maximum that had not been surpassed in 3 years. What makes YFI so special? * Extreme scarcity: With a limited supply of only 36,000 tokens, YFI is a highly scarce asset, making it a coveted item for investors.
The BRICS in De-Dollarization
(New Monetary Order)
De-dollarization, i.e. the decreased dependence on the US dollar as the global reserve currency, is an increasingly evident trend on the world economic stage. The BRICS (Brazil, Russia, India, China and South Africa) have emerged as key players in this process, challenging the dollar's hegemony and promoting a more multipolar monetary order. Why are the BRICS so important in de-dollarization? * Growing economic weight: The BRICS represent a significant portion of the world economy, with a combined GDP that challenges that of developed economies. Their economic clout gives them greater bargaining power on the international stage.
Money, as we know it today, has come a long way. Initially, trade was based on the barter of goods and services. Over time, the first metal coins emerged, representing an intrinsic value tied to the material from which they were made. However, the inconvenience of transporting large amounts of metal led to the creation of paper money. Paper money, initially backed by gold reserves, promised a stable value. This system reached its peak in the Bretton Woods Agreements, where the US dollar became the world's reserve currency, linked to a fixed price of gold. This system provided stability to international trade for decades.
Money, as we know it today, has come a long way. Initially, trade was based on the barter of goods and services. Over time, the first metal coins emerged, representing an intrinsic value tied to the material from which they were made. However, the inconvenience of transporting large amounts of metal led to the creation of paper money. Paper money, initially backed by gold reserves, promised a stable value. This system reached its peak during the Bretton Woods Agreements, where the US dollar became the world reserve currency, linked to a fixed price of gold. This system provided stability to international trade for decades.
The rise of cryptocurrencies and BRICS dollarization: a new monetary order The emergence of cryptocurrencies in the global financial landscape has challenged the monetary status quo, generating a debate around their potential to reconfigure the international financial system. In this context, the BRICS bloc (Brazil, Russia, India, China, and South Africa) has emerged as a key player in the search for alternatives to the US dollar, which has led to a growing intersection between these two trends.