Jamie Dimon Says AI Will Impact ‘Virtually Every Function’ at JPMorgan Chase
In recent developments, jPMorgan Chase CEO Jamie Dimon said that the rate of AI adoption “will likely be far faster than prior technological transformations.” Looking closer, market participants highlight key…
Jamie Dimon Warns of Lasting Impact of Wars and Trade Shifts on Global Economy
In recent developments, wars and shifting trade alliances are driving deeper uncertainty across global markets and supply chains, with JPMorgan CEO Jamie Dimon warning the ripple effects could shape the…
Prediction Market Boom Continues With Polymarket and Kalshi Leading $25.7B Month
In recent developments, by the numbers, prediction markets recorded their second-highest notional volume over a two-year period. Data compiled by Dune Analytics shows that roughly seven platforms tallied $25.7 billion…
Bitcoin Holds Weekly Inflows While Ether, Altcoin ETFs Slip
In recent developments, bitcoin ETFs managed a modest weekly gain despite sharp swings, while ether extended its outflow trend. Solana and XRP also declined in a shortened trading week. Key…
Polymarket drops USDC.e for USDC-backed token in exchange overhaul
In recent developments, polymarket is upgrading its exchange infrastructure in the coming weeks, introducing new contracts and a USDC-backed token while phasing out a bridged stablecoin. Looking closer, market participants…
Broadridge and Galaxy Pioneer Blockchain Proxy Voting for US Public Companies
In recent developments, broadridge Financial Solutions is bringing proxy voting onchain, and Galaxy Digital is the first public company to use it. Key Takeaways: Galaxy will use Broadridge’s onchain governance…
Major US Indexes Gain Monday as Iran Ceasefire Talks Ease Market Fears
In recent developments, u.S. stocks posted modest gains Monday as investors tracked ceasefire talks in the Middle East and waited on President Donald Trump’s Tuesday deadline for Iran to reopen…
JPMorgan’s Jamie Dimon sees ‘new competitors’ from blockchain, stablecoins
In recent developments, the CEO’s annual shareholder letter warned that new tech is reshaping finance, with tokenization and blockchain competitors gaining as the bank scales its own network. Looking closer,…
US appeals court upholds preventing New Jersey enforcement against Kalshi
In recent developments, as states seek to regulate prediction markets, a panel of federal judges ruled in favor of Kalshi’s position that only the CFTC has jurisdiction. Looking closer, market…
Bitcoin may hit $110K as Strategy absorbs nearly 3x new BTC supply
In recent developments, bitcoin may invalidate its bear flag setup as Strategy buys 46,233 BTC in just over a month, outpacing the 16,200 BTC supply in the same period. Looking…
