Ethereum Leverage Hits Highest Level Ever – Market Enters Critical Risk Zone

Ethereum has retraced below the $3,200 level following the Federal Reserve’s decision to cut interest rates by 25 basis points, a move that initially boosted risk assets but quickly shifted market sentiment into uncertainty. While the broader macro backdrop now leans toward looser monetary conditions, Ethereum’s reaction suggests that...
Read More

Anthony Scaramucci Applauds JPMorgan’s Blockchain Move, Calls It ‘Good News’ For His Solana And Avalanche Investment Thesis

SkyBridge Capital founder Anthony Scaramucci stated Thursday that JPMorgan Chase & Co.’s (NYSE:JPM) move to issue debt securities using Solana (CRYPTO: SOL) supports his firm’s investment thesis. Scaramucci Cheers JPMorgan’s Tokenization Push Scaramucci highlighted the report about JPMorgan issuing $50 million in U.S. commercial paper for Galaxy Digital Inc. (NASDAQ:GLXY) directly on...
Read More

UAE Telecom Powerhouse Embraces Dirham Stablecoin In New Payment Trial

e& UAE, United Arab Emirates’ telecom giant, has signed a memorandum of understanding with Al Maryah Community Bank to trial AE Coin, a Central Bank-licensed stablecoin, as a payment option across the telco’s services. According to company statements, the plan would let customers use an AED-backed token to pay...
Read More