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Crypto  investors 😅 $BTC $ETH $BNB #cryptoinvestors  #BTCUptober  

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💬 Jamie Dimon Criticizes Bitcoin, Citing Lack of Intrinsic Value and Association with Illicit Activities 💬 Jamie Dimon, CEO of JPMorgan Chase, has reiterated his skepticism toward Bitcoin $BTC stating that it "has no intrinsic value" and is "used heavily by sex traffickers, money launderers, and ransomware." Despite his criticism of Bitcoin, Dimon acknowledges the potential of digital currencies and blockchain technology. He supports the development of stablecoins—digital currencies tied to other assets—and notes that JPMorgan already utilizes blockchain technology. Do you agree with Jamie Dimon's assessment of Bitcoin? How do you perceive the role of cryptocurrencies in today's financial landscape? Share your thoughts! For daily authentic news updates, follow, like, and share! Thanks for reading, and stay tuned for more updates and analysis. Source: Yahoo Finance, Quartz

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📉 Inflation Concerns Trigger Market Volatility; Crypto Braces for Pivotal Week Ahead 📉 Recent U.S. employment data has heightened inflation fears, leading to declines in stock markets and increased turbulence in the cryptocurrency sector. Non-farm payroll figures significantly exceeded expectations, with 256,000 jobs added against a forecast of 164,000, diminishing hopes for imminent interest rate cuts. This week, critical economic indicators—including the Producer Price Index (PPI) on January 14, Consumer Price Index (CPI) on January 15, and unemployment claims on January 16—are poised to influence market dynamics further. Analysts suggest that these data points could test cryptocurrencies' resilience as inflation hedges, especially if strong U.S. economic growth data bolsters expectations for interest rate hikes. How do you anticipate the upcoming economic indicators will impact the cryptocurrency market? Share your insights! 𝐅𝐨𝐫 𝐝𝐚𝐢𝐥𝐲 𝐚𝐮𝐭𝐡𝐞𝐧𝐭𝐢𝐜 𝐧𝐞𝐰𝐬 𝐮𝐩𝐝𝐚𝐭𝐞𝐬, 𝐟𝐨𝐥𝐥𝐨𝐰, 𝐥𝐢𝐤𝐞, 𝐚𝐧𝐝 𝐬𝐡𝐚𝐫𝐞! 𝐓𝐡𝐚𝐧𝐤𝐬 𝐟𝐨𝐫 𝐫𝐞𝐚𝐝𝐢𝐧𝐠, 𝐚𝐧𝐝 𝐬𝐭𝐚𝐲 𝐭𝐮𝐧𝐞𝐝 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐚𝐧𝐝 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬. Source: CoinTürk News

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⚖️ 𝐃𝐨 𝐊𝐰𝐨𝐧'𝐬 𝐉𝐮𝐫𝐲 𝐓𝐫𝐢𝐚𝐥 𝐒𝐜𝐡𝐞𝐝𝐮𝐥𝐞𝐝 𝐟𝐨𝐫 𝐉𝐚𝐧𝐮𝐚𝐫𝐲 2026 ⚖️ Do Kwon, co-founder of Terraform Labs, is set to face a jury trial in January 2026 in the United States. He pleaded not guilty to multiple charges, including wire, securities, and commodities fraud, related to the $40 billion collapse of the TerraUSD (USDT) stablecoin and its associated token, LUNA. After his arrest in Montenegro in March 2023 for attempting to travel with a forged passport, Kwon was extradited to the U.S. in December 2024. He appeared before U.S. Magistrate Judge Robert Lehrburger in Manhattan, agreeing to remain in custody without bail. The charges allege that Kwon misled investors about the capabilities and adoption rates of the Terra blockchain, contributing to its catastrophic collapse. If convicted on all counts, he faces a maximum penalty of 130 years in prison. What impact do you think this trial will have on the broader cryptocurrency market? Share your thoughts! 𝐅𝐨𝐫 𝐝𝐚𝐢𝐥𝐲 𝐚𝐮𝐭𝐡𝐞𝐧𝐭𝐢𝐜 𝐧𝐞𝐰𝐬 𝐮𝐩𝐝𝐚𝐭𝐞𝐬, 𝐟𝐨𝐥𝐥𝐨𝐰, 𝐥𝐢𝐤𝐞, 𝐚𝐧𝐝 𝐬𝐡𝐚𝐫𝐞! 𝐓𝐡𝐚𝐧𝐤𝐬 𝐟𝐨𝐫 𝐫𝐞𝐚𝐝𝐢𝐧𝐠, 𝐚𝐧𝐝 𝐬𝐭𝐚𝐲 𝐭𝐮𝐧𝐞𝐝 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐚𝐧𝐝 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬. Source: CryptoSlate, Financial Times

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