JP Morgan considering a new blockchain-based settlement token
JP Morgan considering a new blockchain-based settlement tokenThe asset could be more versatile than the bank's existing JPM Coin, but the idea is said to be in very early stages.Happy Friday!The global crypto market cap is $1.04 trillion, with a 24-hour volume of $28.29 billion. The price of Bitcoin is $25,830.60, and BTC market dominance is 48.3%. The price of Ethereum is $1,629.19, and ETH market dominance is 18.8%. The best-performing sector is Cannabis, which gained 573%. The Crypto Fear & Greed Index is currently Fear (46). Top NewsJP Morgan considering a new blockchain-based settlement tokenThe asset could be more versatile than the bank's existing JPM Coin, but the idea is said to be in very early stages. [Ad] Bitcoin mining is for the people, thanks to GoMiningHow GoMining is making bitcoin mining easy and accessible to everyone. House Financial Services Committee announces ‘Digital Dollar’ hearing as pressure to pass crypto legislation intensifies2023 has seen a barrage of federal regulatory action against malfeasance in the cryptocurrency industry. Is Congress finally poised to act? Latest InsightsMore NewsCoinbase, Circle, Aave, and more partner to launch Tokenized Asset CoalitionThe advocacy initiative aims to bring more than a trillion dollars worth of real-world assets on chain. Binance linked to money laundering scheme in Belgian extradition case: BloombergA London fintech owner allegedly used more than a dozen accounts with the exchange as part of an expansive money laundering scheme connected to a multinational criminal trafficking organization. Mirror Trading International to pay $1.7B in restitution to victims of Bitcoin investment scamA judge found the company and its CEO liable for multiple types of fraud. Thodex founder handed over 460 life sentences in prison for massive Turkish crypto scandalFatih Özer has maintained his innocence despite his heavy prison sentence. FBI identifies North Korea’s Lazarus Group as culprit in $41M Stake exploitThe state-backed hacker group has become renowned for high-profile cryptocurrency hacks and exploits. |
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Grayscale revealed as second-largest Bitcoin holder despite confidentiality efforts: Arkham Intelligence
Thursday, September 7, 2023
Arkham Intelligence reports that the funds are distributed among more than 1750 addresses.
Grayscale legal team seeks SEC meeting over proposed Bitcoin ETF conversion
Wednesday, September 6, 2023
The company's legal team sent a letter to the regulator on Sept. 5 requesting to discuss next steps in the wake of recent court decisions.
Tether now a top global buyer of US Treasury bills amid market turmoil
Tuesday, September 5, 2023
Stablecoin giant Tether emerges as top global US Treasury buyer amid market volatility
JP Morgan believes SEC will be forced to approve Bitcoin ETFs after losing case against Grayscale
Monday, September 4, 2023
JP Morgan analysts predict the SEC will approve spot Bitcoin exchange-traded funds after losing its court case against Grayscale.
Bitcoin futures show renewed confidence amidst price surge
Sunday, September 3, 2023
Rise in estimated leverage ratio signals risk appetite resurgence in Bitcoin market.
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