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JPMorgan CEO Jamie Dimon has signaled that banks will not relent in their opposition to the CLARITY Act, despite the crypto bill advancing out of the Senate Banking Committee. He also called Coinbase’s CEO, Brian Armstrong, who has notably championed the fight for stablecoin rewards. Ad Ad JPMorgan CEO Says Banks Will Fight The Stablecoin

The post CLARITY Act: JPMorgan CEO Jamie Dimon Vows to Fight Stablecoin Provisions, Calls Out Coinbase CEO appeared first on CoinGape.

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Coinbase CEO Brian Armstrong shared a major feat for the exchange today. The exchange’s derivatives business Coinbase Financial Markets has announced it is the first regulated futures commission merchant (FCM) in the United States. It can offer institutional users access to crypto perpetual futures and options markets worldwide. Ad Ad Coinbase Introduces Derivatives Trading For

The post Coinbase Launches Crypto Derivatives Trading In US After CFTC Approval appeared first on CoinGape.

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XRP price hovered at $1.30 after gaining 1.66% over the past 24 hours. The move followed a crypto rebound, with the market rising 0.6% to $2.47 trillion.  Another catalyst for volatility was CME Group’s launch of 24/7 crypto futures. Bitcoin price climbed to a surge above $74k after Trump said the Strait of Hormuz blockade

The post XRP Price Set for New Volatility Cycle as CME Opens 24/7 Crypto Trade appeared first on CoinGape.

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The Bitcoin price is in the green today, rising above the psychological $74,000 level following U.S. President Donald Trump’s statement that the U.S. will lift the naval blockade in the Strait of Hormuz. This follows the agreement that the U.S. and Iranian negotiators reached to extend the U.S.-Iran ceasefire by 60 days. Ad Ad Bitcoin

The post Bitcoin Price Surges as Trump Says Strait of Hormuz Blockade Will Be Lifted appeared first on CoinGape.

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Crypto prediction platform Kalshi has secured an approval order from the U.S. Commodity Futures Trading Commission (CFTC) to list the first-ever perpetual futures in the U.S. This comes as the prediction market platform looks to expand its offerings to also include crypto perpetuals. Ad Ad CFTC Approves Kalshi’s Listing Of Bitcoin Perpetuals In a press

The post Kalshi Secures CFTC Approval to Launch First Regulated U.S. Bitcoin Perpetuals appeared first on CoinGape.

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Bitcoin (BTC) price is down by 5.42% in seven days to trade at $73,693 today, May 29. BTC might continue dropping because the IBIT ETF by BlackRock has seen nine straight days of outflows for the first time since it first started trading in 2024. But while IBIT is red, Wall Street has jumped on

The post Is AI Draining Bitcoin Liquidity as IBIT Outflows Extend While Wall Street Flocks to Anthropic? appeared first on CoinGape.

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Following a successful effort to advance its state-backed Bitcoin plan, Texas has initiated another move. Authorities have appointed five people to advise the recently established Texas Strategic Bitcoin Reserve. Ad Ad Texas Moves Forward With Strategic Bitcoin Reserve Plans The appointments were announced by acting Texas Comptroller Kelly Hancock on Friday. He said the group

The post Breaking: Texas Establishes Strategic Bitcoin Reserve Advisory Committee To Buy More BTC appeared first on CoinGape.

CLARITY Act: JPMorgan CEO Jamie Dimon Vows to Fight Stablecoin Provisions, Calls Out Coinbase CEO

JPMorgan CEO Jamie Dimon has signaled that banks will not relent in their opposition to the CLARITY Act, despite the crypto bill advancing o...

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