News Explorer — Bitcoin Could Be 'More Attractive' Than Gold Over Time, Says JPMorgan

Generated by AI, curated by humans

Feb 5, 8:49 pm

Coindesk

Bitcoin Could Be 'More Attractive' Than Gold Over Time, Says JPMorgan

JPMorgan analysts believe that Bitcoin's recent underperformance compared to gold may indicate a fading appeal as a hedge against market turmoil. The widening gap between the two assets has led to negative sentiment among institutional and retail investors, affecting not only digital assets but also stablecoin supply.

JPMorgan analysts believe that Bitcoin's recent underperformance compared to gold may indicate a fading appeal as a hedge against market turmoil. The widening gap between the two assets has led to negative sentiment among institutional and retail investors, affecting not only digital assets but also stablecoin supply.

Latest

Feb 9, 6:10 pm

www.bloomberg.com

Jump Trading to Gain Stakes in Kalshi and Polymarket Through Market-Making Agreements: Bloomberg

Jump Trading is set to acquire stakes in Kalshi Inc. and Polymarket by providing liquidity on the prediction-market platforms. The firm's agreement with Kalshi involves a set amount of... Read Summary

Feb 9, 5:52 pm

Decrypt

Tom Lee's BitMine Continues to Load Up on Ethereum Even as Market Sags

BitMine Immersion Technologies has acquired over 40,000 ETH worth $83.2 million, increasing its total Ethereum holdings... Read Summary

Feb 9, 5:11 pm

Decrypt

Bithumb's $43 Billion Bitcoin Airdrop Mistake Prompts Investigations

South Korean regulators have initiated investigations into Bithumb following an accidental transfer of $43 billion worth... Read Summary

Feb 9, 4:20 pm

Decrypt

Strategy Adds to $50 Billion Bitcoin Stash, Despite Paper Losses

Strategy, the largest Bitcoin treasury company, bought an additional 1,142 BTC last week, valued at $79.3 million, despi... Read Summary

Feb 9, 2:30 pm

Decrypt

Crypto Signature Phishing Attacks Surged in January With $6.3 Million in Losses

Scam Sniffer reported a significant increase in signature phishing attacks in January, resulting in $6.27 million in los... Read Summary

Feb 9, 1:44 pm

Decrypt

Japan PM Takaichi's Victory Promises Crypto-Friendly Reforms, Including Tax Cuts and ETFs

Japan's PM Takaichi's landslide victory signals sweeping reforms, including slashing crypto taxes and launching crypto E... Read Summary

Feb 9, 11:42 am

Decrypt

Hyperliquid's HYPE Token Bucks Crypto Market Trend With 41.5% Gain

Hyperliquid's HYPE token has defied the recent cryptocurrency market decline, with a 41.5% increase in the past two week... Read Summary

Feb 9, 11:06 am

Coindesk

Bitcoin Mining Difficulty Sees Biggest Drop in Five Years

Bitcoin's mining difficulty recently decreased by approximately 11%, the largest drop since China's crackdown in 2021, d... Read Summary

Feb 9, 11:00 am

DL News

Binance Spends $300 Million on Bitcoin to Fuel 'SAFU Fund'

Binance has purchased an additional $300 million worth of Bitcoin for its Secure Asset Fund for Users (SAFU) fund, with... Read Summary

Feb 9, 10:51 am

Decrypt

Coinbase's Super Bowl Ad Represents Crypto Amid Flood of AI Commercials

Coinbase was the sole major crypto advertiser during this year's Super Bowl, featuring a sing-along commercial with Back... Read Summary

Feb 9, 7:48 am

Coindesk

Story Protocol Delays Token Unlocks Amid Evolution Towards AI Training Focus

SY Lee defended Story Protocol's decision to delay its IP token unlock to August 2026, citing the need for more time to... Read Summary

Feb 9, 7:28 am

Coindesk

Stablecoin Giant Tether Has Amassed $23 Billion Worth of Gold: Jeffries

Tether, the company behind the popular stablecoin, has been steadily increasing its gold reserves, surpassing several co... Read Summary

Feb 9, 5:42 am

Decrypt

FDIC Settles FOIA Lawsuit, Agrees to Release Crypto-Related 'Pause Letters'

The FDIC has agreed to pay legal fees and release crypto-related "pause letters" after settling a FOIA lawsuit. The regu... Read Summary

Feb 9, 5:17 am

Decrypt

French Authorities Arrest Six Following Kidnapping of Magistrate in Crypto Ransom Case

Six people have been arrested in France after a magistrate and her mother were kidnapped for a crypto ransom. The captor... Read Summary

Feb 9, 4:53 am

Decrypt

Bitcoin Rebounds as Experts Caution on Further Pain Ahead

Bitcoin has rebounded by 12% from its recent low, now trading at $70,998, with a surge in the Coinbase Premium index ind... Read Summary