According to BlockBeats, on September 21, JPMorgan Chase CEO Jamie Dimon expressed skepticism about the possibility of an economic soft landing following the Federal Reserve's first interest rate cut in over four years. Speaking at the Atlantic Festival in Washington on Friday, Dimon stated, 'I am more skeptical than others. I think the likelihood of a soft landing is lower. I certainly hope a soft landing can be achieved, but I am more doubtful about whether inflation will disappear so easily. It's not because it hasn't decreased, but whether it can decrease further.'

Attendees of Token2049 Singapore are laughing at Arthur Hayes apparently selling Pendle just 48 hours after pumping it on stage. source: https://protos.com/did-arthur-hayes-dump-the-project-he-shilled-at-token2049/

According to Cointelegraph, Australian rapper Iggy Azalea has announced the launch of a new online crypto casino called Motherland, which will be powered by her memecoin MOTHER. The Motherland casino was unveiled at Azalea’s “Motherland Rodeo” event at Solana Breakpoint in Singapore and is expected to go live in November. Motherland will offer a variety of online gambling activities, including slots, blackjack, roulette, and poker. Additionally, players will have access to live dealer games, tournaments, sports betting, and other community-based gambling activities. Joe McCann, the founder of crypto hedge fund Asymmetric and adviser to Motherland, stated that the new casino is part of Azalea’s long-term vision for her MOTHER memecoin. McCann emphasized Azalea’s cohesive strategy in building a community around the MOTHER token and its utility. McCann hinted at future broader utility for MOTHER holders but did not provide specific details. Currently, MOTHER holders benefit from a 20% discount when using the token to pay for passes to the US music festival Breakaway. The launch of Motherland follows Azalea’s re-launch of a telecommunications company called Unreal Mobile, which offers tiered discount plans for MOTHER holders. When questioned about the association of Motherland with the Solana network being a “memecoin casino,” McCann dismissed the analogy, highlighting the existence of DeFi and decentralized physical infrastructure network projects on Solana. He pointed out that the trading of memecoins was perfected on Solana, despite not starting there. The debate over the function of memecoins and their utility continues, with McCann suggesting that all cryptocurrencies have a memetic nature, including Bitcoin, which he referred to as the original memecoin. Despite Azalea’s efforts, the MOTHER token has struggled to gain momentum. Launched on May 28, the token reached a peak valuation of $260 million but has since fallen significantly. At the time of publication, MOTHER has dropped over 78% from its all-time high, with a current market capitalization of $56.6 million, according to Dexscreener data.

For all the talk of central banks launching digital versions of national currencies, only three projects have fully launched. For a host of reasons, we likely won’t see a global rollout of these difficult-to-build and not-particularly-wanted initiatives, says Fiorenzo Manganiello, co-founder and managing partner of investment firm LIAN Group. source: https://www.coindesk.com/opinion/2024/09/20/why-we-wont-see-cbdcs-everywhere/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Supreme Court of India’s YouTube page was today taken over by hackers to promote a fraudulent scheme relating to the XRP cryptocurrency. source: https://zycrypto.com/indian-supreme-courts-youtube-channel-hijacked-to-promote-ripples-xrp/

Terraform Labs, the creator of the Terra (LUNA) ecosystem, has received court approval to wind down operations after settling fraud allegations with the U.S. SEC related to the collapse of its TerraUSD stablecoin and LUNA token, which caused $40 billion in losses in 2022. source: https://cryptodnes.bg/en/terraform-labs-wins-court-approval-to-cease-operations-after-40-billion-collapse/

Large investors seem to be upping their ante; at least, that’s the story of Bitcoin and its latest rebound to over $63,000 today. And market watchers have indeed taken notice. On the inside, however, is key on-chain data that suggests Bitcoin whale accumulation and the reactivation of dormant wallets may be signs for a super price spike ahead. Related Reading: Cardano Goes Bullish On-Chain:... source: https://www.newsbtc.com/news/institutional-whales-bet-big-on-bitcoin-as-btc-nears-64000/

The online casino and gaming platform will be released in November. source: https://www.coindesk.com/markets/2024/09/20/iggy-azalea-to-release-online-casino-motherland-in-boost-for-mother-token/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Australian rapper Iggy Azalea has unveiled the Motherland casino at Solana Breakpoint in Singapore. The new casino is set to go live in November. source: https://cointelegraph.com/news/iggy-azalea-unveils-new-online-casino-motherland?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

null source: https://x.com/Bitcoinsensus/status/1837182435433549993

Chinese technology giant ByteDance, the owner of TikTok, has denied claims that the company is planning to design and produce two types of semiconductors by 2026 to cut reliance on Nvidia.