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The Daily Hodl

Crypto News and the Latest on Bitcoin, Ethereum, Ripple and XRP, Tron, Litecoin, Stellar and Blockchain Technology

JPMorgan Chase CEO Says Traders May Be Seriously Mistaken on Fed Rate Cuts: Report
JPMorgan Chase chief executive Jamie Dimon thinks the U.S. Federal Reserve could actually raise rates, contrary to popular belief. Despite consensus expectations of a rate cut in the coming months, Di...

Robinhood CIO Unveils S&P 500 Targets, Says She’s ‘More Bullish’ on One Banking Sector Ahead of Earnings Reports
A top executive at the retail-focused trading app giant Robinhood is updating her targets for the S&P 500 this year. In a new interview on CNBC’s Squawk Box, Robinhood CIO Stephanie Guild says that ...

Record $14,600,000,000 Health Care Fraud Involving Doctors, Nurses, Pharmacists And Others Taken Down By Feds
The US government has just taken down the largest health care fraud operation in history. The DOJ says it has identified 324 defendants in an alleged $14.6 billion fraud scheme comprising of several d...

Bank Insider Allegedly Drains $477,000 From 12 Customer Accounts Without Authorization: US Department of Justice
The federal government is accusing a bank employee of stealing hundreds of thousands of dollars from a dozen customers. The Justice Department says in July and August of 2024, Damani Brown allegedly u...

New Banking Malware Hammers US and Canada, Reaches Over 50,000 Android Users in Just Six Days
A dangerous Android-based banking malware is rapidly spreading across the United States and Canada. Anatsa is capable of stealing banking credentials using various methods including overlay attacks an...

Wall Street Firm Abruptly Upgrades JPMorgan and Morgan Stanley, Says Upside Scenario Now Base Case for Big Banks
Boutique investment bank KBW believes JPMorgan Chase and Morgan Stanley are primed to witness higher prices as conditions conspire to favor large US banks In a new interview on CNBC Television, KBW he...

JPMorgan Chase, Bank of America, Wells Fargo and Citigroup Holding $172,280,000,000 in Unrealized Losses As Bank Bond Portfolios Remain Underwater: S&P Global
The four largest banks in the US are staring at tens of billions of dollars in unrealized losses on their held-to-maturity (HTM) securities as bond portfolios remain in the red. JPMorgan Chase, Bank o...

Florida Attorney General Probing Retail Trading Giant Robinhood for Allegedly Claiming To Be the Least Expensive Crypto Platform
Florida Attorney General James Uthmeier has launched an investigation into Robinhood over allegations that the retail trading giant falsely promotes its crypto platform as the least expensive way to p...

Football Pro Loses $240,000 in JPMorgan Chase Bank Scam, Triggering Inside Job Inquiry: Report
A pro football player has lost a huge sum of cash to a bank fraud scheme, raising suspicions of insider involvement at JPMorgan Chase. Minnesota Vikings linebacker Dallas Turner was duped out of $240,...

Bitwise CIO Says Bitcoin Sellers Are Almost Exhausted, Doubles Down on $200,000 Bitcoin Price Target – Here’s His Timeline
Matt Hougan, the chief investment officer (CIO) of the digital asset management firm Bitwise, is predicting that Bitcoin (BTC) will go up by more than 70% from the current level. In a new interview on...