Jamie Dimon’s Bitcoin Comments, Trump’s DeFi View, Bitcoin’s Electoral Impact, and More: This Week’s Top Crypto Updates – JPMorgan Chase (NYSE: JPM)

This past weekend was full of important developments in the world of cryptocurrencies. Controversial remarks from JPMorgan Chase & Co JPM CEO Jamie Dimon From Bitcoin to the political implications of the upcoming US election on cryptocurrencies to the Trump family’s foray into DeFi, the crypto world was anything but boring. Here’s a recap of the top stories.

Jamie Dimon’s Comments on Bitcoin
Seven years ago, Jamie DimonCEO of JPMorgan Chase & Comade headlines for his scathing remarks about Bitcoin, even threatening to fire any JPMorgan trader caught trading the cryptocurrency. Now, the bank has positions in ETFs that track Bitcoin. Quite a turnaround, right? Read the full article here.

Scaramucci’s Crypto Policy
As the 2024 US presidential election approaches, Anthony ScaramucciSkyBridge founder, has weighed in on the potential impact of the election outcome on the cryptocurrency industry. He predicts a more open approach to cryptocurrency if Kamala Harris wins the election. Read the full article here.

See also: Shiba Inu, the ‘Dogecoin Killer,’ Burns 11 Million Coins in a Single Day: Breakout ‘Could Trigger Next Wave of 480%+ Run,’ Trader Says

Trump’s vision for DeFi
The Trump family is preparing to launch a cryptocurrency project called World Liberty Financial. The announcement, made on Donald Trump’s social media platform, marks a significant shift from his previous stance on digital currencies. Read the full article here.

Bitcoin’s Impact on Elections
A Bernstein report suggests that the outcome of the 2024 election could have a significant impact on the price of Bitcoin. A Trump victory could propel Bitcoin Bitcoin/USD to $90,000, while a Harris victory could see Bitcoin fall to $40,000. Read the full article here.

Scaramucci’s Bitcoin Predictions
Anthony Scaramucci recently expressed his gratitude to Michael Saylorco-founder of MicroStrategies MSTRfor contributing to his latest book on Bitcoin. Last week, Scaramucci predicted that Bitcoin could hit $200,000. Read the full article here.

Read next: Ouch! Harris-Trump Political Memes Drop 90%: What Happened to “4 More Years of Catalysts”?

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This story was generated using Benzinga Neuro and edited by Anan Ashraf.