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JPMorgan CEO calls Bitcoin a ‘Ponzi Scheme’ despite JPMorgan’s involvement in Bitcoin ETFs

Jamie Dimon, JPMorgan CEO, called Bitcoin a “Ponzi scheme.” Dimon’s criticism comes despite JPMorgan’s involvement in Bitcoin ETFs. Bitcoin’s recent price volatility highlights ongoing debates in the cryptocurrency market. JPMorgan Chase CEO Jamie Dimon has once again voiced his scepticism towards Bitcoin (BTC), dubbing it a ‘Ponzi scheme’ during an interview on Bloomberg TV. During his interview, Dimon reiterated his long-standing criticism of Bitcoin, stating that it lacks utility and legitimacy as a form of money. He described Bitcoin and similar cryptocurrencies as “simply not functional as currencies,” emphasising his belief that they are essentially Ponzi schemes disguised as technological innovation. However, this is not the first time that the CEO is criticizing Bitocin. His scepticism towards Bitcoin is well-documented. He previously called Bitcoin a “fraud” and expressed concerns about its potential to facilitate illegal activities such as money
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Boeing Plans to Sell Flying Cars by 2030

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US aircraft development and manufacturing company Boeing is reportedly planning to construct and sell flying cars by the year 2030. Indeed, the vehicles are set to undergo a research and development phase boosted by new office openings in Japan. The company is reportedly seeking to capitalize on the potential need for the vehicle in densely populated areas. Subsequently, the flying car would be an answer to ongoing traffic concerns in a plethora of cities across the world, all while boasting Boeing’s impressive track record in aircraft manufacturing. JUST IN: Boeing plans to sell flying cars by 2030. — Watcher.Guru (@WatcherGuru) April 18, 2024 Also Read: Boeing Stocks Decline After Quality Issue Found on 737 MAX Models Boeing Set to Produce Flying Cars by 2030 In the technology and automotive space, nothing sells quite like progress does. Indeed, the market consistently observes products and companies that are pushing the boundaries of what is capable, and usheri
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Brace for impact: Bitcoin at this level threatens market stability

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As the price of Bitcoin (BTC) continues to decline, bears are trying to break it below the critical level of $60,000, and, should they succeed, it could spell trouble for the flagship decentralized finance (DeFi) asset and possibly the rest of the cryptocurrency market. Indeed, Bitcoin has recently “reclaimed the range lows & now tests them again” as the “fight goes on” between bulls and bears, according to the chart pattern observations shared by pseudonymous crypto industry expert CryptoJelleNL in an X post on April 18. Bitcoin bulls vs. bears. Source: CryptoJelleNL Patience is the name of the game Earlier, amidst this ongoing struggle, the crypto analyst noted that bulls were “stepping in to defend $61k once more,” advising his followers to remain patient and “hold steady” until Bitcoin is back above $70,000 and then “pick up the profit-taking again.” Picks for you Bitcoin stability ; This signal primed to stabilize BTC’s price moving forward 27 mins ago H
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Smart trader names the next 100x crypto opportunity

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A cryptocurrency smart trader named the upcoming Runes Protocol, built on Bitcoin (BTC), the “next 100x opportunity”. Using the alias Ansem on X, the trader has accumulated remarkable results with trading calls, previously identifying other “100x opportunities.” On April 16, Ansem posted on the social platform and drew the attention of Lookonchain , reporting smart money activity. The smart trader made his fame by reportedly achieving “170x” on Solana (SOL), “520x” on WIF, and “80x” on BONK. Interestingly, Ansem believes most cryptocurrency traders currently ignore this opportunity to, in his opinion, achieve nearly 10,000% gains. In his words: Picks for you Here's how much you'd have investing in Gold, Silver, and Bitcoin when R. Kiyosaki said 48 mins ago Surprise surge: This dark horse is racing to the top 2 hours ago How much Bitcoin does ‘Rich Dad’ Robert Kiyosaki own? 2 hours ago Bitcoin halving incoming: Potential impacts on crypto marke
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Pups (Ordinals) Price Prediction: PUPS Pumps 25% As Traders Jump To This 2.0 Meme Coin For Its 100X Track Record

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The Pups (Ordinals) price soared 25% in the last 24 hours to trade at $61.08 as of 02:50 a.m. EST on trading volume that dropped 28% to $6.7 million. This comes as the token aims to migrate to Runes with a BRC20 and Ordinal pre-rune as a mint/burn token. As a Bitcoin Rune, PUPS will be issued directly on the Bitcoin network. As the first meme coin on the Bitcoin network, the token continues to amass massive interest from investors, securing important exchange listings, with the latest being on SuperEX. #SuperEx New Listing👽 #PUPS 🪙Listing: $PUPS ⏰Trading Starts: April 16, 2024, 08:00 (UTC) ▶️Deposit Time: Opened ⚖️Trading Zone: #BRC20 📜Details: https://t.co/OBATgviegU 👉Trade Here: https://t.co/FTMacF6fTb pic.twitter.com/Jfcu9B3xu2 — SuperEx (@SuperExet) April 16, 2024 Pups (Ordinals) Price To Continue Its Rally Over The Falling Wedge PUPSUSD Chart Analysis Source: Tradingview.com The Pups (Ordinals) price has been on an uptrend since its launch, registering a 1,215% incr
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BTC Price Prediction Post Bitcoin Halving

As the highly anticipated Bitcoin halving approaches, with just three days left until the event on April 20th, crypto analysts are eagerly analyzing past trends and speculating on the potential price action surrounding this significant milestone. In a recent video titled “ Bitcoin Halving Price Predictions,” analyst Eric Krown Crypto delves into the historical data and offers insights into what to expect in the coming days and weeks. Looking back at the previous three halvings, a clear pattern emerges. In November 2012, a consolidation period preceded the halving of Bitcoin, after which the price established a low and continued to rise. Also read: Cryptocurrency: Whales Scooped Up These Coins Amidst Market Dip Similarly, in 2016, the halving took place during another consolidation period, with the low occurring about 3.5 weeks after the event. The most recent halving occurred in May 2020, when the low coincided with the halving date, followed by a sustained upward tr
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US economist warns Bitcoin is in ‘stealth bear market’

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Amid his multiple warnings against investing in Bitcoin (BTC) and particularly its spot exchange-traded funds (ETFs), American economist and staunch gold advocate Peter Schiff has made another comparison between his favorite precious metal and the maiden cryptocurrency. As it happens, Schiff shared his view that the flagship decentralized finance (DeFi) asset was “in a stealth bear market when priced in real money,” and that not many people realize this “given all the hype about Bitcoin and lack of coverage of gold,” according to his X post on April 15. Furthermore, the popular economics analyst highlighted that Bitcoin was “trading below 27 ounces of gold,” and was “down over 27% since hitting its record-high of 37 ounces of gold 2.5 years ago,” despite the largest asset in the crypto sector recently hitting a new all-time high (ATH) priced in US dollars. Picks for you Profit and planet: Best climate change investments 10 mins ago 2 meme coins to reach $25 bill
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Coinbase Releases Bitcoin Halving Commercial

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Cryptocurrency exchange platform Coinbase has just debuted a brand new Bitcoin halving commercial. Indeed, the unveiled advertisement showcased the growing value of Bitcoin since its arrival in 2009. Subsequently, it visually displayed the difference in how much pizza you could buy with Bitcoin in every four-year cycle. The ad has continued to build anticipation for the highly anticipated Bitcoin Halving event, which is currently slated to take place in just four days. This event will see the circulating supply of the digital asset sliced in half. Therefore, the value of the assets will surge, which should impact the overall digital asset market. JUST IN: Coinbase releases #Bitcoin halving commercial. pic.twitter.com/8ytZQEstHY — Watcher.Guru (@WatcherGuru) April 15, 2024 Also Read: 3 Cryptocurrencies to Buy Before They Hit the Big Post Bitcoin Halving Coinbase Debuts Bitcoin Halving Commercial As Event Approaches Although we are just four months into the year,
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Hong Kong Approves Spot Bitcoin and Ethereum Application

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Hong Kong has approved spot Bitcoin (BTC) and Ethereum (ETH) ETF (Exchange Traded Fund) applications. The region is the second to do so in 2024, following the SEC’s (Securities and Exchange Commission) historic decision to approve 11 spot BTC ETFs in the US. However, although the US has approved 11 spot Bitcoin ETFs, the country has yet to greenlight an Ethereum ETF. According to some analysts, a spot ETH ETF could be approved in the US later this year. JUST IN: Hong Kong approves spot #Bitcoin & Ethereum ETF application. — Watcher.Guru (@WatcherGuru) April 15, 2024 Also Read: 3 Cryptocurrencies to Buy Before They Hit the Big Post Bitcoin Halving The approval of spot ETH and BTC ETFs may lead to another rally for the cryptocurrency markets. The US spot BTC ETFs played a significant role in BTC hitting a new all-time high earlier this year. BTC hit $73,737 in early March with a rally fuelled by increased inflows into spot BTC ETFs. Will Bitcoin and Ethereum rall
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Solana unveils key upgrade to tackle congestion; What’s next for SOL?

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The Solana (SOL) blockchain has faced criticism over sustained network congestion that resulted in widespread transaction failures. While Solana has a history of network outages, the surge in popularity of meme coins on the platform has complicated the situation, leading to frustration among users. The delays and dropped transactions during periods of high network congestion have significantly impacted user experience, prompting some industry players to question Solana’s ability to compete with established entities like Ethereum (ETH). Despite these challenges, the Solana team has moved to implement necessary upgrade s to address the issues. In this regard, Anza, a Solana-focused devshop, announced on April 12 the release of a fix dubbed Testnet v1.18.11 for the devnet and recommended its implementation on the testnet as well. Picks for you 2 gold-backed cryptocurrencies to invest in as demand skyrockets 53 mins ago Bitcoin halving shakeout: 3 stages to watch ahea
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Trader Predicts This New Multi-Chain Meme Coin Set to Explode on Launch

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The surge in interest for meme coins appears to be advantageous for smaller initiatives, such as the Dogeverse token, which quickly secured over $3.2 million in its presale. The Dogeverse is built around a character called Cosmo, an anthropomorphic dog gifted with the special power to ‘hop’ across blockchain networks. This cross-chain theme underpins the multi-blockchain ambition of Dogeverse. Aiming to simplify the experience for investors active across various networks, it offers compatibility with Ethereum, BNB Chain, Polygon, Solana, Avalanche, among others. Bridging Blockchains and Cultures in the Expansive Dogeverse Emerging from the cosmic remnants of a collapsing supernova, Cosmo transcends the ordinary Doge. His innate ability to traverse blockchains embodies freedom and exploration in the cryptoverse. Dogeverse aims to dismantle barriers between crypto communities by utilizing Wormhole and Portal Bridge technology. This ensures seamless and secure navigation for $DOGEVE
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Pepe Price Soars After Coinbase International Announces Plan To List PEPE Perpetual Futures

The Pepe price soared 9% after Coinbase announced that it will open a perpetual futures market for PEPE coin on its platforms next week. Coinbase will list PEPE perpetual futures on both Coinbase International, the exchange’s off-shore arm for institutions, and Coinbase Advanced, according to an X post by the company. Trading is set to commence on or after Apr. 18 at 9:30 a.m. UTC. @CoinbaseIntExch will add support for Pepe perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our 1000PEPE-PERP market will begin on or after 9:30am UTC on 18 APR 2024. pic.twitter.com/DKu8YPGRYB — Coinbase International Exchange 🛡️ (@CoinbaseIntExch) April 11, 2024 Pepe Price Rally Short-Lived As Traders Quickly Take Profit The frog-themed crypto’s price managed to reach a 24-hour high of $0.000007536 following the announcement. It has since undergone a retracement to trade at $0.00000723 as of 3:20 a.m. EST. Despite the correction, the crypto is still up m
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Key XRP levels to watch for a move towards $1

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XRP has experienced a notable price resurgence at some point, reaching $0.64, although the token continues to consolidate below $0.70.  However, it has largely failed to generate significant movement that would propel it towards the $1 mark, a level anticipated by the market. In an effort to forecast the next price movement, crypto analyst by the pseudonym D ark Defender shared insights on XRP’s potential trajectory in an X (formerly Twitter) post on April 10.  Picks for you Orbs’ dLIMIT and dTWAP protocols now on PancakeSwap’s decentralized exchange 17 mins ago Dogecoin flies bullish flag as DOGE Day draws near; Targets $0.4 1 hour ago CryptoUK welcomes NexeraID as a partner in crypto privacy-preserving compliance 1 hour ago This is the real danger for the U.S. economy 3 hours ago According to the Analysis , XRP has exhibited notable behavior in relation to Fibonacci levels and has been oscillating between $0.6044 and $0.6649.  XRP price a
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