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JPMorgan to Offer Crypto Services Despite Jamie Dimon’s Past Criticism
JPMorgan Chase & Co. (NYSE: JPM), a top-tier financial institution with a sprawling global presence, is expanding its crypto offerings led by Bitcoin (BTC). According to a report by Bloomberg, JPMorgan, which manages more than $4.3…
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DeFi must return to its P2P origins.
Opinion by: Jean Rausis, co-founder of SmarDexDecentralized finance (DeFi) began with a clear vision: to enable a global, permissionless financial system built on peer-to-peer (P2P) transactions, free from the constraints of traditional…
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Bots have wallets, and the machine economy has arrived.
Opinion by: Paige Xu, chief operating officer of OpenMindWe all love an Uber Eats moment. You tap your phone, and a burrito is en route. But what if, this time, no human driver is weaving through traffic to deliver it? Instead, a sidewalk…
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Ethereum Flips Bullish While Shiba Inu Prepares for Next Leg Up; Experts Consider This AI-Driven…
The Ethereum price soared over 5% this week and surpassed $2,700, while the Shiba Inu coin price is up on the monthly chart. As altseason approaches, ETH is expected to be at the forefront, with SHIB on course to lead the meme craze.…
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Base briefly nears 1,000 TPS, making it speed competitive with Solana
Coinbase’s layer-2 blockchain Base briefly saw the number of transactions it processed per second near 1,000, bringing it closer to the performance of layer-1 blockchain Solana.On May 29, Base creator Jesse Pollak said on X that Base had…
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Is a Deeper Correction Ahead for ETH?
In the past few days, the crypto market has seen strong gains, with Bitcoin’s price creating a new all-time high. But this rise triggered a profit-taking sentiment, which caused the market to temporarily peak. Ethereum, in particular,…
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OKX Launches xBTC on Aptos Blockchain to Enhance Bitcoin-Backed DeFi
OKX, a blockchain technology company that also operates one of the largest crypto exchanges globally, is launching xBTC, a wrapped version of bitcoin (BTC) on the layer-1 blockchain Aptos.
According to a press release sent…
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Judge overturns fraud convictions in Mango Markets exploit case
A US federal judge has vacated key fraud and manipulation convictions against Avraham Eisenberg, the trader at the center of the case involving a $110 million exploit of the decentralized exchange Mango Markets.On Friday, US District Judge…
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Constructive Market Structure Signals Parabolic Rally Ahead
A weakening U.S. dollar amid rising crypto optimism has favored bullish sentiments for Bitcoin in the short term.The ongoing cooling down of the leveraged crypto trading has set a precedent for a fresh rally beyond $111.9k.The rising…
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Yield-bearing stablecoins surge to $11B, now 4.5% of market: Report
Yield-bearing stablecoins have soared to $11 billion in circulation, representing 4.5% of the total stablecoin market, a steep climb from just $1.5 billion and a 1% market share at the start of 2024.One of the biggest winners is Pendle, a…
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