It's Fed-Day

Why Jamie Dimon is a secret blockchain fan.

Author

Ivan
September 18, 2024

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Happy Wednesday, Zingernation! 

Today, we look at Jamie Dimon getting into the crypto business, Microstrategy raising $875M and more.

Plus, the World Championship of Trading is kicking off! Get ready for the ultimate trading showdown for your chance to win cold hard cash!

MARKET SNAPSHOT

TOP STORY

Jamie Dimon has called Bitcoin a “pet rock.”

But turns out that JP Morgan is one of the bigger users of blockchain technilogy.

How exactly that works?

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QUICK N DIRTY

Dogecoin will outperform Bitcoin thanks to the “foller effect” if a prominent trader is to be believed.

Donald Trump is “certainly” the favorite for all crypto follower, one Ethereum co-founder not named Vitalik Buterin said.

Kamala Harris though is now ahead in the election betting odds, leading the “crypto president” by 50:48 on Polymarket.

FINTECH FOCUS

MicroStrategy has raised another $875M.

And of course, the company plans to buy more bitcoin.

How many and how many does it already have?

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