Author: admin
JPMorgan Chase, the largest bank in the U.S. and one of the most powerful institutions in global finance, is going deeper into Bitcoin. The bank is reportedly going to allow wealthy clients to use shares of Bitcoin ETFs—specifically BlackRock’s iShares Bitcoin Trust (IBIT) — as collateral for loans. This is a big move from the Wall Street giant and a sign of how traditional finance is changing the way it treats bitcoin. According to a Bloomberg report, JPMorgan will let trading and wealth-management clients borrow money using digital asset ETFs like IBIT as collateral—the same way clients might use stocks,…
Update (June 6, 2025, 1:20 pm UTC): This article has been updated to add commentary by Kraken’s UK General Manager, Bivu Das.The United Kingdom’s Financial Conduct Authority (FCA) has proposed lifting its ban on offering cryptocurrency exchange-traded notes (ETNs) to retail investors.In a June 6 announcement shared with Cointelegraph, the FCA said the proposed change would allow individual consumers to access crypto ETNs, provided they are listed on an FCA-recognized investment exchange.“We want to rebalance our approach to risk, and lifting the ban would allow people to make the choice on whether such a high-risk investment is right for them,…
Key takeaways:Dogecoin dropped about 7% on June 6 as the public spat between President Trump and Elon Musk escalated.DOGE/USD bear flag hints at a potential 66% drop.Dogecoin’s (DOGE) price flipped bearish on June 5 after a public feud broke out between US President Donald Trump and his most celebrated backer, Elon Musk. DOGE price is down 7% over the last 24 hours to $0.17, with a classic bearish pattern projecting further losses to $0.06.Musk’s breakup with Trump bad for DogecoinData from Cointelegraph Markets Pro and TradingView shows Dogecoin trading in a third consecutive bearish session on the weekly candle chart.…
CNN — The German city of Cologne has finished evacuating 20,500 people, its largest evacuation order since World War II, after officials defused three massive, unexploded bombs. The American bombs – two 20-ton weapons and another that weighs 10 tons – were found in a shipyard on Monday, the city said, causing a huge “danger zone” to be sealed off on Wednesday morning. A hospital, two retirement centers and the city’s second largest train station were among the facilities emptied out. Schools, churches, museums and two of the city’s cultural landmarks – the Musical Dome theater and the Philharmonic Hall…
Switzerland is moving forward with plans to automatically share crypto-related data with 74 partner countries, including the United Kingdom and all European Union member states.The Federal Council, the government of Switzerland, has adopted a bill to enable the automatic exchange of information (AEOI) on crypto with partner countries, the council announced on June 6.The proposal also suggests sharing the data with most G20 countries. The measure excludes the United States, Saudi Arabia and China, according to an X post by the Swiss Federal Government.Source: Swiss Federal GovernmentThe bill is currently under discussion in Parliament and, if approved, the AEOI framework…
Metaplanet, also known as Japan’s Strategy, has updated its Bitcoin acquisition plans to acquiring 100,000 BTC by the end of 2026.Metaplanet on June 6 posted its new Bitcoin (BTC) plan, increasing its previous target of 21,000 BTC.“Our previous target — to hold 21,000 BTC by the end of 2026 — has now been dramatically revised upward. We now aim to hold 100,000 BTC by that time,” Metaplanet CEO Simon Gerovich said in an announcement posted on X.Metaplanet holds 8,888 BTC following its latest 1,088 BTC acquisition announcement on June 2. The new target means it is committing to buy at…
Pakistan Minister of State for Crypto and Blockchain Bilal Bin Saqib is likely looking to collaborate with Wall Street.A June 6 X post by the Pakistan Crypto Council shows that Saqib met with Brandon Lutnick, the chairman and CEO of Cantor Fitzgerald, a global financial services firm. A separate video included in a separate post shows that he also met with New York City Mayor Eric Adams, who recently said he will ensure a Bitcoin bond is launched in the city. The post reads:“New York is Lahore.”Source: Pakistan Crypto CouncilThe meeting with Lutnick follows his firm’s recently increased interest in…
Summary Character customization will return in Nioh 3, including a photo mode and audio options. Players can switch between Samurai and Ninja Styles, each with unique strengths and weaknesses. Nioh 3 will have bigger and more open areas to explore, not open-world, but still expansive. Nioh started as a secret project named Oni, announced in 2004, which was then officially renamed Ni-Oh when it was shown off for the PS3 in 2005. Then the project went back to the drawing board, and many thought it was canceled. It did not reappear until 2015, when it became Nioh followed by a…
A crypto wallet tied to the defunct dark web marketplace Alphabay was reportedly behind the donation of $31 million worth of Bitcoin to Silk Road creator Ross Ulbricht, according to blockchain analysis.Blockchain analytics firm Chainalysis told WIRED for a June 5 report that it had tied the 300 Bitcoin (BTC) donated to Ulbrich earlier this month to Alphabay, a predecessor to Silk Road that operated from 2014 to 2017.Chainalysis suggested that the funds came from a major vendor on the platform who would have had access to such substantial amounts.“We have reasonable grounds to suspect that these funds originated in…
CNN — The office of Argentinian President Javier Milei denied a bombshell series of reports that alleged the country’s intelligence agency had approved a new plan that could enable the surveillance of journalists, politicians and economists. The reporting, by journalist Hugo Alconada Mon in the newspaper La Nación, looked into a leaked national intelligence plan by Argentina’s State Intelligence Secretariat (SIDE) that he says outlines general intelligence objectives such as preventing terrorism and combating organized crime, but is also filled with “generalizations, gray areas and ambiguities,” the report reads. “For example, the SIDE has the power to gather information on…