In his new role, Lee will advise law enforcement and tax agencies on how they can better fight crypto crime with Chainalysis’ data.
Dimon believes investors are being overly optimistic with respect to the chances for an economic soft landing.
The broker raised its price target for the software company to $1,875 from $990 and maintained its buy rating on the stock.
The latest price moves in bitcoin (BTC) and crypto markets in context for April 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Blockchain firms are attempting to address concerns that Big Tech giants like Microsoft, Meta and Alphabet will build an artificial-intelligence oligarchy.
The proposed move would allow eligible users to acquire up to four times more tokens than the standard quota per wallet, among other benefits.
However, there are signs of “ETF hype moderating,” according to CoinShares Head of Research James Butterfill.
Bitcoin’s recent triangular consolidation has ended with a bullish breakout, price chart shows.
The upward price trajectory of bitcoin over the past 24 hours has resulted in over $47 million worth of bitcoin short liquidations.
Options implied volatility is overpricing the event, Amberdata’s Greg Magadini said.
