JPMorgan Chase CEO Jamie Dimon Likens Crypto to Pet Rocks – Calls for More Regulation
Jamie Dimon, CEO of JP Morgan Chase, says that crypto is a waste and time-wasting token that does not make any sense to invest in, as investors end up with losses, and certainly blockchain technology is a win-win. While people should stay away from cryptocurrencies and more and more their investments should be faced in such a way from where they definitely get income. Also of course takes a dig at the former FTX CEO saying that he is a dishonest person who took away people’s money and made them lose billions. They put more and more emphasis on web3 services and blockchain technology.
Mad Money’s Jim Cramer Advises Investors To Get Out Of Crypto – Says ‘It’s Never Too Late To Sell’
Mad Money host, Jim Cramer Jim Cramer advises investors to dump crypto holdings and says it’s never too late to sell your currency It doesn’t take long for a crypto exchange to go down and surely we should think and consider that we should stop giving more attention to the crypto industry wherever people are advised not to be fooled by crypto.
Strike Launches Bitcoin Lightning Network-Enabled Money Transfer in Africa
Strike, a digital payment service built on the Lightning Network, has been launched to serve money transfers in Africa and for cross-border transactions, enabling users to make cross-border transactions with certainty that their money will be transferred to a bank or mobile money. accounts and this new facility will help them a lot in converting local currencies. Where through this launching the company wants to implement fast and secure payment service and stop high interest and over payment service and with this the company has launched this service with a belief that people will love it and facilities Will get
Telegram introduces no-SIM sign-up with blockchain-powered numbers
Popular messenger app Telegram now allows users to open a new account without the need to provide their mobile numbers where with an update to the app they will be able to open a new account with blockchain based numbers and protect their privacy where they Will be able to see who can give their number and who doesn’t know definitely it is important for company’s updation and company has increased its working efficiency through this updation.
Biggest Movers: DOGE, LINK Plunged to 10-Day Lows on Wednesday
On December 7, Dogecoin dropped to a 10-day low as Meme Coin recently extended its downtrend for a third consecutive session. While overall the cryptocurrency market has been more bearish today and is down 1 point zero seven percent as of writing, Chainlink was another notable coin to fall, and is currently trading 5% lower.
Bitcoin dominance remains below 40% for over 3 months in a row
Over the past 100 days or roughly three months, bitcoin’s market dominance of 21,958 different cryptocurrencies has declined by more than 40 percent from $800 and a half and bitcoin’s dominance has been less than 40 percent since August 27, 2022 52 days ago On October 15, it had increased above 40 percent.
Report: FTX Executive Offered $100 Million to Taylor Swift to Back the Exchange, But Singer Doesn’t Consider the Deal.
According to a report, American singer and songwriter Taylor was asked by FTX to promote and endorse the exchange, saying the deal was worth over $100 million and was offered by FTX executive Claire Watanabe but she declined the deal. Refused to do it and never considered it.
