U.S. banking giant JPMorgan has announced the pilot of a permissioned USD deposit token called JPMD on Base, the layer 2 Ethereum network built by listed exchange Coinbase (COIN). Earlier this week, the bank filed a trademark application for a crypto-focused platform named JPMD, designed to to offer services such as trading, exchange, transfer, and…
Coinbase is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch tokenized stock trading, a move that could expand its business into the territory of traditional brokerage firms. The crypto exchange’s chief legal officer, Paul Grewal, told Reuters that Coinbase aims to offer digital versions of stocks — known as tokenized equities…
The cryptocurrency market has taken a sharp hit, shedding over $150 billion in value, with major assets like Bitcoin (BTC) leading the downturn. As of press time, the total market capitalization stood at $3.23 trillion, down from $3.39 trillion just 24 hours earlier, reflecting a $160 billion loss. Total cryptocurrency market cap 30-day chart. Source:…
The 2025 crypto bull run is sending meme currencies to the moon, but can Shiba Inu (SHIB) or Pepe Coin (PEPE) reach a value of $1? Spoiler: it’s a pipe dream. On the other hand, little Pepe ($LILPEPE) is a meme-driven next-gen Layer 2 blockchain that aims to increase exponentially. Let’s explore why $1 remains…
President Donald Trump on Tuesday warned Iranian leader Ayatollah Ali Khamenei that he is an “easy target” and “our patience is wearing thin,” before demanding Tehran surrender in its escalating conflict with Israel. “We know exactly where the so-called ‘Supreme Leader’ is hiding,” Trump wrote on Truth Social. “He is an easy target, but is…
Last Updated: June 17, 2025 at 4:04 p.m. ETFirst Published: June 17, 2025 at 12:48 p.m. ET Heightened uncertainty over tariffs, the direction of oil prices, and their impacts on inflation is giving way to a risk that Federal Reserve officials may not be able to cut interest rates in two quarter-point increments this year as they…
Tether’s USDT is the world’s leading stablecoin. Its digital emulation of the U.S. dollar — 155 billion of them at last count — is unmatched. But as things stand, Tether almost certainly doesn’t fulfill the compliance demands of U.S. lawmakers as they’re expected to push legislation nearer to law on Tuesday afternoon. Tether may end…
Crypto Sat recently took to X to share a technical insight on Dogecoin, revealing that the asset is showing signs of accumulation following a sharp correction. According to the analyst, the 2-hour chart is beginning to shape a potential double bottom pattern. Should this structure be confirmed, it might signal a renewed upward push for…
Valuing blockchain networks today feels like déjà vu for anyone who lived through the early internet era. In the 1990s, analysts, investors, and founders struggled to apply familiar financial models to a radically unfamiliar technology. Companies with little more than a website and a pitch deck were valued in the hundreds of millions, sometimes billions,…
Shiba inu (SHIB), the world’s second-largest meme token by market value, faced selling pressure alongside losses in the broader crypto market and U.S. stocks. SHIB fell over 3.5% to 0.00001134, the level last seen on April 9, according to data source CoinDesk. Bitcoin, the leading cryptocurrency by market value, slipped nearly 3% to $103,800. The…
