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In brief JPMorgan CEO Jamie Dimon says AI will affect nearly every function at the bank. He predicts the technology will boost productivity, but eliminate some jobs. JPMorgan is spending billions on AI as part of a nearly $20 billion tech budget. Artificial intelligence will reshape banking, work, and parts of the global economy, JPMorgan Chase CEO Jamie Dimon said in his annual shareholder letter, describing the technology as a fast-moving shift that will impact nearly every part of the bank’s operations.“The importance of AI is real, and while I hesitate to use the word transformational—it is,” Dimon wrote. “The…

Bitcoin traded around $68,780 on Tuesday as U.S. spot bitcoin ETFs posted their strongest daily inflow in more than a month.Funds added a combined $471 million on April 6, according to SoSoValue data, marking the largest inflow since Feb. 25 and the sixth-biggest daily total this year. The figure remains below January’s peak flow regime, when multiple trading days topped $700 million.These high inflows come as bitcoin continues to stall below $70,000, with weak spot demand and distribution by large holders capping upside. ETFs have increasingly offset that pressure, acting as a primary source of marginal buying.Macro signals offer limited…

Rejection at $1.35 and collapsing depth raise risk of sharper moves as positioning builds.

Brokerage services giant Charles Schwab plans to roll out spot cryptocurrency trading in the first half of 2026, pushing it deeper into digital assets. “We remain on track to launch our spot crypto offer in the first half of 2026, starting with bitcoin BTC$66,934.75 and ether (ETH),” a company spokesperson told CoinDesk on Friday.The firm has opened a waitlist for clients seeking early access to what it calls a “Schwab Crypto” account, which will allow users to buy and sell the two largest cryptocurrencies. The firm will offer the service via Charles Schwab Premier Bank, SSB.The move builds on comments…

On-chain data shows the large Bitcoin holders have been participating in a notable amount of loss realization recently, a sign of capitulation. Bitcoin Sharks & Whales See High Values On Realized Loss Metric In a new post on X, on-chain analytics firm Glassnode has talked about the latest trend in the Bitcoin Realized Loss for the sharks and whales. The “Realized Loss” here refers to an indicator that measures, as its name suggests, the total amount of loss that BTC holders are realizing through their transactions. In the context of the current topic, the version of the metric that’s of…

Cambodia’s parliament passed legislation targeting compounds used to defraud victims through scams, including those involving cryptocurrency.In a Friday notice, the Senate of the Kingdom of Cambodia announced that the chamber had unanimously approved the draft law with no amendment, with 58 senators voting yes. According to reports, the draft bill, which would still need the king’s approval before becoming law, imposed prison time between two to five years and up to $125,000 in fines for certain crimes, or twice the time in prison and penalties if part of a gang or targeting multiple victims. “The draft law stipulates the establishment of…

Google’s Quantum AI team said earlier this week that a future quantum computer could derive a bitcoin private key from a public key in roughly nine minutes. The number ricocheted across social media and spooked markets.But, what does it actually mean in practice?Let’s start with how bitcoin transactions work. When you send bitcoin, your wallet signs the transaction with a private key, a secret number that proves you own the coins. That signature also reveals your public key, a shareable address, which gets broadcast to the network and sits in a waiting area called the mempool until a miner includes…

The Ethereum Foundation (EF), the non-profit organization that steers development of the Ethereum ecosystem, staked over 45,000 Ether (ETH) on Friday, bringing the total amount staked to about 69,500 ETH, less than 500 coins shy of the Foundation’s 70,000 goal.The EF staked the coins in a series of transactions, each consisting of 2,047 ETH, with the total amount staked on Friday valued at over $92.2 million, according to data from Arkham Intelligence.A portion of the ETH transfers from the Ethereum Foundation’s treasury to the Ethereum Beacon Deposit Contract for staking. Source: Arkham IntelligenceThe EF began staking ETH in February as…

Spot Bitcoin exchange-traded funds (ETFs) could surpass gold ETFs in total assets under management (AUM) as investor demand expands beyond the traditional “digital gold” narrative, according to ETF analyst James Seyffart.“There are just more use cases of why somebody would put a Bitcoin ETF in a portfolio,” Seyffart said on the Coin Stories podcast published to YouTube on Friday. He pointed to Bitcoin’s (BTC) role as digital gold, a store of value, a portfolio diversifier, and a form of digital capital and property, adding that the market also views Bitcoin as a “growth risk asset.”Seyffart explained that Bitcoin has “all…

Latin American e-commerce platform Mercado Libre is reportedly phasing out the Mercado Coin that it launched in August 2022, which was aimed at offering cash backs and other perks for users.According to a Reuters report on Tuesday, users must sell or spend their loyalty coin balances through the Mercado Pago app before April 17. If no action is taken, the balances will be converted to Brazilian reals. Cointelegraph reached out to Mercado Libre for comment. Brazil has been the main market for Mercado Coin, which enables users to earn tokens as cash back when buying products on Mercado Libre, considered to…