The Node: JPM’s BTC Lending Play
The Financial Times reports that JPMorgan, the world’s biggest bank, is looking into issuing crypto-backed loans, meaning that its clients may soon be able to pledge bitcoin, ether, or some other token to borrow dollars. The news is notable for a couple of reasons. Crypto folks love pointing out...
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JPMorgan Mulls Using Customer Crypto as Loan Collateral: Report
JPMorgan is reportedly looking at offering loans backed by customer-held crypto assets, such as Bitcoin (BTC) and Ethereum (ETH). If implemented, it would mark a major shift for CEO Jamie Dimon, who once called Bitcoin a “fraud” and predicted it would collapse. Crypto-Backed Loans Could Start Next Year The...
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Bitcoin Eyes $120,000 As Ethereum, XRP, Dogecoin Weaken
Cryptocurrency markets are trading sideways on Tuesdayas Bitcoin attempts to reclaim the $120,000 mark. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $119,799.44 Ethereum (CRYPTO: ETH) $3,711.00 Solana (CRYPTO: SOL) $201.99 XRP (CRYPTO: XRP) $3.56 Dogecoin (CRYPTO: DOGE) $0.2662 Shiba Inu (CRYPTO: SHIB) $0.00001529 Notable Statistics: IntoTheBlock data shows Bitcoin large...
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SEC Chair Paul Atkins Drops Bullish Bitcoin And Crypto Bombshell
The U.S. SEC Chair, Paul Atkins, recently discussed Bitcoin and crypto in general while making some bullish statements for the industry. He again affirmed his commitment to providing a regulatory-friendly environment for the industry. Paul Atkins Talks Bullish on Bitcoin and Other Cryptos In a CNBC interview, Paul Atkins...
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FLOKI announces first Valhalla tournament with $75k prize pool
Floki has announced an upcoming tournament for Valhalla, its metaverse game that recently went live on the opBNB mainnet....
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Cynthia Lummis and Senate Republicans push new crypto rules to expand CLARITY Act
The proposed crypto regulations could enhance U.S. competitiveness by reducing regulatory uncertainty and fostering domestic innovation. The post Cynthia Lummis and Senate Republicans push new crypto rules to expand CLARITY Act appeared first on Crypto Briefing....
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FBI Drops Criminal Probe Into Kraken Founder Jesse Powell
Federal authorities have dropped a criminal investigation into Jesse Powell, co-founder and former CEO of cryptocurrency exchange Kraken. The FBI investigation, which began in 2023, was looking into the non-profit Verge Center for the Arts’ allegations that Powell hacked its computer accounts and obstructed access to emails. His home...
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Toncoin Extends Rally as Telegram Launches Integrated TON Wallet for 87M U.S. Users
Toncoin (TON) extended its impressive rally Monday after Telegram began rolling out its TON Wallet to 87 million users across the United States. The update enables seamless crypto transfers and staking directly within the messaging app’s interface — with no need for external downloads, extensions, or logins. The TON...
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IShiba Inu Burn Rate Soars Over 6,500% In 1 Day: What Is Going On?
Shiba Inu (CRYPTO: SHIB) is flashing strong bullish signals, with a massive spike in the burn rate fueling trader optimism about a major breakout. Cryptocurrency Ticker Price Market Cap 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001514 $8.9 billion +10.3% Dogecoin (CRYPTO: DOGE) $0.2652 $39.8 billion +33.9% Pepe (CRYPTO: PEPE)...
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Bitwise CIO points to demand shock driving ETH higher
Ethereum institutional demand is driving strong price gains, with corporations and ETPs buying more ETH than new supply issued. The post Bitwise CIO points to demand shock driving ETH higher appeared first on Crypto Briefing....
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