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JPMorgan to Allow Clients to Buy Bitcoin, CEO Confirms

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One of the largest investment banks in the world is set to make major headway in the cryptocurrency sector. Indeed, JPMorgan is set to allow clients to buy Bitcoin, according to CEO Jamie Dimon. The decision marks a notable shift for the $4 trillion asset manager. Yet, that shift has been building over the first several months of the year. Specifically, the bank had officially settled its first public transaction of tokenized treasuries just last week. Working alongside both Chainlink and Ondo Finance, the settlement was a massive step into blockchain technology that is indicative of a shifting sentiment for the bank. JUST IN: $4 trillion asset manager JPMorgan to allow clients to buy Bitcoin, CEO Jamie Dimon says. pic.twitter.com/dDzL8mK3xf — Watcher.Guru (@WatcherGuru) May 19, 2025 Also Read: JPMorgan: Bitcoin Likely to Outperform Gold in 2nd Half of 2025 JPMorgan Allowing Clients to Buy Bitcoin, Jamie Dimon Confirms The digital asset sector has been the subject of increased mainstre...
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BRICS: 5 Countries Pay 93% of Trade in National Currencies

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BRICS member Russia is advancing the de-dollarization agenda with every alliance it is a part of, and convincing them to settle trade payments in national currencies. In the latest, Russia confirmed that 93% of cross-border payments within the Eurasian Economic Union (EAEU) alliance have been settled in national currencies, not the US dollar. Also Read: BRICS: Tanzania Officially Bans the US Dollar After BRICS, every other alliance is teaming up for trade settlements in national currencies. The development will add strain on the US dollar and dampen its prospects as the world’s reserve currency. Emerging economies are reshaping the global financial order on their terms and not following the dictation of Western powers. Also Read: This US Sector Will Crash First If BRICS Abandons the Dollar BRICS: Eurasian Economic Union EAEU Sidelines US Dollar, Pays 93% Trade in National Currencies Source: russiaspivottoasia.com The EAEU alliance comprises five countries: Russia, Armenia, Belarus...
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Ripple: Dave Portnoy Says XRP May Be 'The Next Bitcoin' Amid 14% Jump

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There are few cryptocurrencies that entered the year with as much hype as XRP. Now, after a slow start to the year, it is finally making good on those lofty expectations. With Ripple turning around, notable entrepreneur Dave Portnoy has said XRP “may be the next Bitcoin” amid the token’s 14% jump. There is no denying that Bitcoin sits firmly atop the cryptocurrency mountaintop. The asset is the largest token by market cap and ended the week back firmly above the $102,000 mark. Yet, when it comes to rising prominence that has catapulted the asset into the mainstream, there may be something to Portnoy’s sentiment. Source: Coinpedia Also Read: Ripple (XRP) Rallies 21% In 1 Week: $3.50 May Be Closer Than You Think Dave Portnoy Backs XRP in a Big Way: But Is It the Next Bitcoin? It may be hard to believe now, but there was a time when Bitcoin wasn’t the BTC that investors know now. The asset at one point traded at lows of $8 en route to becoming the financial re...
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Buffett Dumps $6B in Bank of America, Citigroup Stocks

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De-dollarization concerns have, at the time of writing, prompted Warren Buffett’s Berkshire Hathaway to divest approximately $6 billion worth of bank stocks during the first quarter of 2025, while also maintaining its Apple position. The investment conglomerate’s strategic moves right now signal growing wariness about United States dollar risks in the current economic climate. Also Read: Saudi Arabia and China Sign 57 Deals Worth Over $3.73 Billion USD Berkshire Hathaway Sells Bank of America, Citigroup Amid Dollar Risk Source: UPI Berkshire Hathaway has, in recent months, significantly reduced its exposure to major banking institutions due to de-dollarization trends that could potentially impact the traditional banking sector. Bank of America (BAC) and Citigroup (C) have experienced the largest selloffs, which marks a notable and somewhat unexpected shift in Buffett’s investment approach. Source: TipRanks Despite the banking sector selloff and various market fluctuati...
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Which US cryptocurrency stocks have gone up?

Coinbase will soon be included in the Standard and Poor’s 500 index, showing how integrated cryptocurrency stocks have become into US financial markets.  Public markets now include a variety of different bitcoin (BTC) miners, a cryptocurrency exchange, and a business intelligence firm that also sometimes purchases BTC.  Protos looked at several of the largest of these equities to see how they have performed. Read more: BlackRock and MicroStrategy hold more BTC than Satoshi MicroStrategy warps the discussion of the performance of crypto stocks, even though it’s ostensibly not a crypto firm. MicroStrategy purports to be a business intelligence firm; however, most of its increase in value that has come since its first BTC purchase can be attributed to its acquisitions of the currency. In total, MicroStrategy’s price has increased by almost 3,000% since its first BTC acquisition in August of 2020. This naturally contrasts with Argo Blockchai...
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Trump To Sign Crypto Law By August As Bitcoin Reserve Grows

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President Donald Trump is expected to sign new legislation related to cryptocurrency regulation before the August congressional recess, according to recent statements from White House officials. This important development in crypto law comes at a time when discussions about a strategic Bitcoin reserve are also gaining significant momentum within the administration. Also Read: President Trump Says India Has Offered Zero Tariffs on US Goods Understanding Crypto Law Trump’s Impact On Bitcoin Growth And Risks Source: Rolling Stone The executive director of the President’s Council of Advisers on Digital Assets, Bo Hines, recently shared his thoughts and optimism about the upcoming cryptocurrency legislation during his appearance at the Consensus 2025 conference in Toronto. Bo Hines stated: “Negotiations are ongoing. But I remain steadfast in my optimism that we’re going to achieve — the President’s desire is to do it — but stablecoin legislation and market struc...
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BRICS: European Firms Get Requests For Local Currencies, Not US Dollar

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Taking a leaf from the BRICS playbook, several banks, brokers, and financial entities in Europe are receiving requests to accept local currencies and not the US dollar, reported the Luxembourg Times. The European financial firms are receiving more requests for transactions, including hedges that sidestep the US dollar. The requests are coming in for the Chinese yuan, Hong Kong dollar, the Emirati dirham, and the euro. Also Read: BRICS: JP Morgan Predicts 20% Decline in the US Dollar This is the first time that foreign institutional funds are demanding to transact in local currencies with European finance entities. The BRICS initiative of pushing local currencies ahead and not the US dollar has reached European shores in 2025. For example, if a Japanese company wants to transfer money to a Philippine-based fund through European firms, they typically send the US dollar, and the firm then converts the money into Philippine pesos. But companies are now demanding that strategies be consider...
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cSigma Finance Tokenizes $80M in RWA Private Credit, Offering 17% Yield in DeFi

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New York, USA, May 13, 2025 – Coinscribble by Coinbound – RWA private credit protocol cSigma Finance is transforming DeFi by tokenizing business loans from the US, EU, and Asia, delivering enhanced yield opportunities for Stablecoin holders. cSigma Tokenizes $80 Million in Business Loans Across Global Markets In Q1 2025, cSigma Finance successfully tokenized over $80 million in business loans for mid-market companies across the United States, European Union, and Asia. These loans are now accessible across 11 major blockchain networks , including Ethereum, Arbitrum, and BNB, marking a significant milestone in the convergence of traditional finance (TradFi) and decentralized finance (DeFi) . The protocol anticipates the tokenization of an additional $100 million , putting it on track to achieve $200 million in tokenized private loans by the end of 2025 . Bridging Stablecoins and Real-World Credit “We’re not just creating another DeFi-only protocol,...
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Why The US-China 90-Day Tariff Slash Can Push Bitcoin Price Above $110,000

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