Key Developments in Cryptocurrency: Armstrong vs Dimon, Cuban Sells Bitcoin, and Surge in Crypto Payments
Brian Armstrong Vs Jamie Dimon, Mark Cuban Ditches Bitcoin And Crypto Card Payments Surge: This Week In Cryptocurrency
Image: Benzinga
This week in cryptocurrency saw Coinbase CEO Brian Armstrong respond to JPMorgan's Jamie Dimon, while billionaire Mark Cuban sold most of his Bitcoin holdings. Additionally, cryptocurrency card payments surged, doubling from $271 million to $656 million, driven by stablecoin adoption.
- 01Brian Armstrong countered Jamie Dimon's criticism of stablecoins with a social media post.
- 02Mark Cuban has reportedly sold most of his Bitcoin holdings, surprising many in the crypto community.
- 03Crypto card payment volumes have increased significantly, more than doubling in a year.
- 04Anthony Pompliano predicts Bitcoin could reach $1 million if U.S. government spending continues.
- 05Former President Trump claimed to have saved the American crypto industry from regulatory challenges.
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This week featured notable events in the cryptocurrency world, starting with a public exchange between Coinbase CEO Brian Armstrong and JPMorgan CEO Jamie Dimon over stablecoins. Armstrong's response included a social media post highlighting their rivalry. Billionaire investor Mark Cuban has made headlines by selling off most of his Bitcoin holdings, raising eyebrows among crypto enthusiasts. Meanwhile, the volume of cryptocurrency card payments has surged, more than doubling from $271 million in May 2025 to $656 million in May 2026, reflecting increased adoption of stablecoins. In addition, Bitcoin advocate Anthony Pompliano suggested that Bitcoin could potentially reach $1 million if current monetary policies persist. Former President Donald Trump also claimed to have saved the crypto industry from regulatory pressures, asserting that America is the
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