14 hours ago
America’s biggest banks are about to lock in their largest share of the banking industry’s profits in nearly ten years after an explosive run-up. JPMorgan Chase, Bank of America, Citigroup and Wells Fargo – the four largest banks in the US – recorded $88 billion in collective profits in the first nine months of the year, the Financial Times reports , using figures from BankRegData. The banking giants now account for 44% of all the industry’s profits, and when you combine the “Big Four” with US Bank, PNC and Truist – the next three largest banks – the seven institutions are reaping 56% of all the profits in the field, up from 48% in 2023. PNC bank didn’t respond to FT’s requests for comments while the other six banks declined to comment altogether. Says Oppenheimer banking analyst Chris Kotowski, “Once you get much below the biggest banks, then it does become really hard to make the necessary investments and have the same name recognition… We’re a very mobile society, especially since Covid. Lots of people that move from New York to Florida for example, do you really need to have a different bank in Florida than you do in New York?” The consolidation of power by the biggest US banks highlights the struggle of smaller institutions to deal with regulation, volatile interest rates and the ability of larger banks to spread their presence digitally across the country. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post JPMorgan Chase, Bank of America, Citigroup and Wells Fargo Consolidate Power Over Banking Industry Amid Record Profit Share: Report appeared first on The Daily Hodl .
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Fintech bank of america banking crisis banks Chase Citigroup FDIC JPMorgan macro News wells fargo
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ai16z Skyrockets 40% To Lead Memecoin Rally
New meme coins outpacing major rivals The Daily Hodl
SHIB vs DOGE: Which Memecoin Could Go From $0.0001 to $0.01 and Dominate in 2025?
As the crypto market prepares for yet another exciting year, the battle between Shiba Inu (SHIB) and Dogecoin (DOGE) continues to captivate investors. Both have earned their place in the memecoin hall of fame, with DOGE gaining early fame as the “people’s cryptocurrency” and SHIB proving the power of community-driven projects. But as we look toward 2025, the question remains: Which of these tokens has the potential to break the $0.01 barrier and emerge as the dominant memecoin? While SHIB and DOGE may dominate headlines, a new wave of meme tokens like BEERBEAR is challenging these established players with a mix of innovation, gamification, and rewarding ecosystems. Let’s dive into why these tokens might be the dark horses in the race to $0.01. BeerBear: Smashing Scammers, Chugging Profits, and Bringing the Fun Back to Crypto! Welcome to the BEERBEAR, where justice tastes like cold beer and profits roar like a grizzly! Tired of meme coins with no backbone? Beer Bear’s here to lead the fight against scammers and reward degens with epic gains! 20 Stages of Presale Glory — Up to 1900% ROI Get in early to grab your $BEAR tokens starting at just $0.0001! By the time the final presale stage hits, it’s a whopping $0.0020. That’s a jaw-dropping 1900% rise for the bold and the early! Unite for Gains — Beer Bear Is More Than a Token Join the Bear Barfight, our gamified adventure where you can punch out scammers, earn rewards, and flex your true degen spirit. Beer Bear brings you Gamified Utility, Community Power, and the chance to score exclusive NFT skins in our brawling arena! Hurry Up! Early Degens Get 95% Discounts The presale won’t wait. The Stage 1 price is $0.0001, and tokens are selling faster than beer at happy hour. Once the bear bell rings, prices climb each stage, and gains get frothy! 6 Ways to Win Big with Beer Bear: Gamified adventures that pay you in $BEAR. Staking rewards that grow while you sip. Referral bonuses up to 9% for direct beerbros. A community that crushes scams and shares laughs. NFTs that let you flex hard in the metaverse. A DAO future where YOU make the calls. Don’t Miss the Bear Bus! Grab your $BEAR before this opportunity passes you by. Visit beerbear.io and join the most epic showdown in crypto history. HODL like a hero, and toast to the gains! Can SHIB or DOGE Maintain Their Relevance? Both SHIB and DOGE have unique advantages. DOGE remains a cultural icon with mainstream appeal and endorsements from influential figures. Meanwhile, SHIB has leveraged its robust ecosystem, including its ShibaSwap platform and planned metaverse expansions. However, as the memecoin space becomes more competitive, their path to $0.01 is far from guaranteed. Newer tokens like BEERBEAR are capitalizing on the gaps left by legacy memecoins, offering tangible utilities, gamification, and community-driven innovation. BEERBEAR, with its emphasis on fighting scammers and rewarding holders, demonstrates how modern memecoins can evolve beyond hype to build sustainable ecosystems. This blend of fun, functionality, and financial opportunity could position it as a strong contender to dominate the market in the coming years. Conclusion The race to $0.01 is more than just a number — it represents the growing maturity and potential of memecoins in the broader crypto market. While SHIB and DOGE have laid the foundation, emerging players like BEERBEAR are redefining what’s possible in the space. For investors looking to ride the next wave of innovation, BEERBEAR offers a refreshing alternative with its unique gamified ecosystem and commitment to transparency. As 2025 approaches, the memecoin battle is set to intensify, and BEERBEAR might just be the underdog that surprises everyone. Follow us: Website: https://beerbear.io Twitter/X: https://x.com/BeerBear_Meme Telegram: https://t.me/beerbear_meme The Daily Hodl
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Bitcoin (BTC) Price Prediction for December 28
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