JPMorgan CEO: US Shouldnโ€™t Stockpile Bitcoinโ€”We Need Bullets and Guns, Not Crypto

JPMorgan CEO Jamie Dimon torched the U.S. bitcoin reserve strategy, demanding immediate focus on bullets and tanks over crypto as national security threats rapidly intensify. JPMorgan CEO Slams Crypto Reserveโ€”Tells US to Prepare With Bullets, Not Bitcoin JPMorgan Chase CEO Jamie Dimon dismissed the idea of a national bitcoin reserve during remarks at the Reagan [โ€ฆ] Original

๐ŸšจCrypto market update l why alts are falling #btc #cryptocurrency

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Bitcoin to meet bro science? Saylor requests a chat on Rogan

Bitcoinโ€™s loudest corporate bull wants a turn on the mic. When the Joe Rogan podcast community asked for guest picks on Saturday, Michael Saylor jumped in with a bold invite: โ€œLetโ€™s talk about Bitcoin.โ€ Community anticipates โ€˜Bitcoin podcast of the centuryโ€™ The potential interview has received popularity among the crypto community and podcast fans alike. Pete Rizzo, host of the Supply Shock podcast, described the prospect as โ€œTHE BITCOIN PODCAST OF THE CENTURY.โ€ Saylorโ€™s public outreach is a strategic move to reach Roganโ€™s massive audience, which spans millions of listenersโ€ฆ

$5B in FTX Funds Are Hitting Walletsโ€”Will Crypto Markets Get a Second Wind?

On Friday, the estate managing the collapsed crypto exchange FTX announced that its recovery trust had begun disbursing over $5 billion tied to both convenience and non-convenience class claims. As distributions roll out over the following three days, Coinbase Institutional observed in its weekly briefing that this injection of capital could invigorate liquidity across crypto [โ€ฆ] Source CryptoX Portal

TON has brief downtime before being restored

The Open Network (TON), an independent layer-1 Blockchain that has a symbiotic relationship with the Telegram messaging platform, experienced a brief outage that halted block production on June 1 before functionality was restored. TONโ€™s development team announced the issue at 12:51:00 UTC and restored network functionality approximately 40 minutes after the outage was identified. TON developers wrote in an update: โ€œA quick fix was released, and updating only a few master chain validators was sufficient to resume block production. The incident was related to an error in the processing ofโ€ฆ

Libra Case Update: $57 Million Frozen, Investigations Progress

Legal actions against the Libra meme coin, which was shared by Argentinaโ€™s President Javier Milei, continue to progress. This week, Circle froze two addresses containing over $57 million in funds, while authorities investigate the involvement of individuals allegedly linked to the meme coin. Libra Probes Advance: Circle Freezes $57 Million, Argentina Scrutinizes Communications The investigations [โ€ฆ] Source CryptoX Portal

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Top 5 cryptocurrencies to watch out for in the near term

Key points: Bitcoin remains stuck below $105,000 during the weekend, but the downside looks limited. Any relief rally in Bitcoin is likely to propel ETH, HYPE, TAO, and QNT higher. Bitcoin (BTC) remains stuck below the $105,000 level during the weekend, indicating that the sellers have maintained their pressure. CryptoQuant said in its latest report sent to Cointelegraph that โ€œsome of Bitcoinโ€™s demand metrics may be reaching a short-term top, which could imply a pause in the current rally.โ€ On the downside, analysts anticipate Bitcoin to find support at theโ€ฆ