This week was a whirlwind of news, with stories ranging from Coinbase CEO Brian Armstrong vs JPMorgan’s Jamie Dimon to Mark Cuban’s surprising move away from Bitcoin. Let’s dive into the details.
Brian Armstrong Claps Back At Jamie Dimon
Armstrong responded to Dimon’s criticism of stablecoins by posting a custom “Heated Rivalry” poster on social media. Following Dimon’s remarks, Mike Novogratz, a well-known figure in the crypto industry, also weighed in on the debate. He questioned the role of banks in deciding crypto legislation, arguing that lawmakers, not financial institutions, should determine the future framework for digital assets.
Mark Cuban’s Bitcoin Strategy Shift
Billionaire investor Mark Cuban, once a vocal supporter of Bitcoin as a hedge against inflation, has reportedly sold most of his Bitcoin holdings. This move has surprised many in the cryptocurrency community. According to Strategy CEO Le, skeptical traders like Cuban buy Bitcoin, make money, and then move on to the next best thing.
Anthony Pompliano’s Bitcoin Prediction
Anthony Pompliano, a well-known Bitcoin advocate, believes that Bitcoin could hit $1 million if the US government continues to print money. He attributes Bitcoin’s recent underperformance to investors being drawn to the “sexy” AI trade.
Crypto Card Payment Volumes Double
The Kobeissi Letter highlighted a significant increase in cryptocurrency card payments, attributing it to the growing adoption of stablecoins. Cumulative payment volumes have more than doubled from $271 million in May 2025 to $656 million in May 2026.
Trump Claims He ‘Saved’ Crypto
Former President Trump recently claimed that he saved the American crypto industry from Gary Gensler’s “Anti-Crypto Army,” and declared America as the “Crypto Capital of the World.” His policy record, including the signing of the GENIUS Act in July 2025, seems to support his claim.
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