JPMorgan Chase, a major financial institution, is testing a new digital dollar token on Coinbase’s Base network. This token, called JMPD, is pegged 1:1 to the US dollar and will be used for institutional clients only. A Digital Dollar for Big Banks The JMPD token is designed to let big businesses move money quickly and…
A new report from DWF Ventures reveals that public companies are sitting on a massive $76 billion in cryptocurrency. Who’s Holding All This Crypto? The report highlights 14 companies that have made significant crypto investments. While Michael Saylor’s company leads with a whopping $67 billion, other big names include Trump Media, GameStop, Metaplanet, Tesla, and…
XRP, the cryptocurrency, saw its price dip after a US judge rejected a joint request by Ripple and the Securities and Exchange Commission (SEC) to lower Ripple’s hefty fine. A Rejected Plea for a Smaller Fine Ripple and the SEC had jointly asked Judge Analisa Torres to reduce Ripple’s $125 million fine to a mere…
Bybit, a major cryptocurrency exchange, is making it simpler for people worldwide to buy crypto. They’ve launched a limited-time offer letting users buy crypto with credit cards using over 25 different currencies. Buy Crypto with Your Credit Card This means you can now easily purchase popular cryptos like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT)…
A billionaire investor is now a Bitcoin believer, admitting he regrets not getting in earlier. Philippe Laffont, head of Coatue Management, recently added Bitcoin to his list of top investment picks for the next five years. This list, which he calls his “Fantastic 40,” includes tech giants like Amazon, Microsoft, Nvidia, and Meta, but notably…
A crypto lawyer weighs in on Judge Torres’ recent decision and predicts a swift resolution to the long-running Ripple vs. SEC case. Judge Torres’ Denial: A Political Move? Crypto attorney Fred Rispoli was surprised when Judge Analisa Torres rejected Ripple and the SEC’s joint motion to settle the XRP lawsuit. He believes her refusal wasn’t…
A global watchdog group, the Financial Action Task Force (FATF), is sounding the alarm about the increasing use of stablecoins and other cryptocurrencies for illegal activities. They’re worried that this is a serious threat to global financial security. Criminals Love Stablecoins The FATF’s June 26th press release highlighted the growing problem of bad actors –…
The SEC is making moves that could massively impact the crypto market, potentially sending some meme coins to the moon. Let’s dive in. Dogecoin ETF and In-Kind Redemptions: A Big Deal Big changes are happening with Dogecoin (DOGE) ETFs. Bitwise, and others, have proposed a new way to handle ETF redemptions called “in-kind redemptions.” This…
The money market fund industry is experiencing a massive boom, fueled by the Federal Reserve’s current interest rate policies. Record-Breaking Investments According to Bloomberg, citing data from Crane Data LLC, investments in money market funds have reached a staggering $7.4 trillion. A whopping $320 billion flowed into these funds during the first half of 2025…
Binance, the world’s largest crypto exchange, recently added support for Sahara AI (SAHARA), a decentralized AI platform. This meant SAHARA was added to several Binance services including Simple Earn, Buy Crypto, Binance Convert, Margin, and Futures. A Sudden Price Drop Ironically, the news caused SAHARA’s price to plummet. It dropped over 32% in just a…
