Bitcoin has soared to a new all-time high, surpassing $118,000 for the first time in its history, reaching a milestone in its meteoric rise. The explosive rally was driven by renewed institutional demand, robust spot Bitcoin ETF inflows and growing optimism surrounding global crypto adoption. The rally also reflects broader investor appetite for alternative assets amid a shifting macroeconomic landscape.The surge comes amid persistent global economic and geopolitical uncertainty, signaling a growing percept ...

JPMorgan CEO Jamie Dimon still isn't a fan of Bitcoin but he's not letting his personal feelings get in the way of business at the bank.  "When I look at the Bitcoin universe, the leverage in the system, the misuse," he said at the company’s annual investor day Monday in New York. Noting that bad actors can use it for sex trafficking and terrorism. "I am not a fan of it. We are going to allow you to buy it. And we're not going to custody it. We're going to do is put it on statements for clients. So, you kno ...