Author: Kryptonews

JPMorgan Chase’s foray into the blockchain ecosystem continues, with the financial institution choosing the Base network to pilot its newly launched deposit token, JPMD. The pilot program was confirmed by Naveen Mallela, an executive at JPMorgan’s blockchain division, Kinexys, who told Bloomberg that a fixed amount of JPMD tokens will be transferred to crypto exchange Coinbase in the coming days.The transfer will be facilitated through Coinbase’s layer-2 blockchain, Base, which launched in 2023 and currently has the largest market share among Ethereum layer-2s, according to CoinGecko. Mallela said the transaction will be denominated in US dollars, with additional currencies supported after regulatory…

Bitcoin, the original cryptocurrency, has captivated investors and skeptics alike since its inception in 2009. Its volatile price history has fueled countless predictions about its future value, ranging from complete obsolescence to astronomical highs. Navigating these predictions requires a critical eye and a solid understanding of the factors influencing Bitcoin’s long-term prospects. This guide aims to provide a comprehensive overview of how to analyze long-term Bitcoin price predictions. Understanding the Landscape of Bitcoin Price Predictions Bitcoin price predictions are often based on a variety of methodologies, each with its own strengths and weaknesses. Some common approaches include: Technical Analysis: Involves…

Bitcoin was down by roughly 3.3% over the past 24 hours as President Donald Trump suggested in a social media post that the U.S. might assassinate Iran’s supreme leader Ayatollah Ali Khamenei, accelerating already inflamed tensions in the Middle East.The largest cryptocurrency by market capitalization was recently trading just above $105,000. BTC fell to $103,630, its lowest level since June 6, at one point earlier in the day, according to market data provider CoinGecko. Bitcoin started edging down last Thursday as Iran and Israel began exchanging missile attacks.In a text to Decrypt, Mike Cahill, co-founder and CEO of blockchain infrastructure…

Diversifying your portfolio with Bitcoin can be an exciting venture, but truly maximizing your returns requires a strategic approach beyond simply buying and holding. Several savings strategies can help you navigate the volatile crypto market and potentially grow your Bitcoin holdings. Let’s explore some key options: Staking for Passive Income Staking involves locking up a portion of your Bitcoin (often through a third-party platform that supports wrapped Bitcoin, or WBTC) to help support the network and validate transactions. In return for your participation, you receive rewards in the form of cryptocurrency. Benefits: Passive Income: Earn rewards regularly without actively trading.…

The Guiding and Establishing National Innovation for US Stablecoins Act, known as the GENIUS Act, now faces a key vote in the United States Congress, and the stakes for the cryptocurrency industry are high.If the US Senate, the upper chamber of the country’s Congress, passes the GENIUS Act on Tuesday, it would move the country one step closer to regulating stablecoins, scoring a big win for the crypto industry and for the Trump administration, which is supporting the legislation. The bill’s next stop is the House of Representatives, where it will undergo further scrutiny from lawmakers.The Senate voted 68-30 to…

Coinbase is seeking permission from the U.S. Securities and Exchange Commission (SEC) to launch blockchain-based equities, Reuters reported on June 17, citing the exchange’s chief legal officer, Paul Grewal.The plan would enable Coinbase to offer digital tokens that represent ownership in publicly listed companies, effectively merging traditional equity markets with blockchain infrastructure.If greenlit, this step could place the exchange in direct competition with mainstream retail brokers such as Robinhood and Charles Schwab.New product, familiar hurdlesGrewal told the newswire the initiative is a “huge priority” for the exchange, which aims to secure a “no action letter” or similar regulatory relief. This…

For two years, Adam Chinn, former chief operating officer at Sotheby’s, has been quietly building the boutique art lending firm, International Art Finance with funding and support from members of the Nahmad family, prolific collectors and dealers of ultra blue-chip art. In a recent interview with ARTnews, Chinn revealed that firm has now disbursed nearly $400 million in loans and it is on track to reach $500 million before the end of 2025. Chinn is the latest art industry veteran to take a stab at art loans. Last fall, half a dozen similarly sized art lenders told ARTnews that business…

Key NotesThe US Federal Open Market Committee (FOMC) interest rate decision is expected after the June 17 to 18 meeting.In anticipation, Bitcoin price dropped below $107,000 and has remained there for a few days.Analysts think that the next crypto boom may come from emerging tokens like Bitcoin Hyper. The price of Bitcoin BTC $103 676 24h volatility: 3.8% Market cap: $2.06 T Vol. 24h: $35.12 B , the flagship cryptocurrency, has remained below the $107,000 threshold for a couple of days, with a supply overhang limiting further upside. On one hand, traders are looking forward to the next US Federal…

Bitcoin, often hailed as “digital gold,” is increasingly challenging the traditional dominance of precious metals like gold and silver as a store of value and a hedge against economic uncertainty. This shift isn’t about replacing physical gold entirely, but rather about providing a modern, technologically driven alternative that appeals to a new generation of investors. The digital landscape is reshaping how we perceive and hold assets, and Bitcoin is at the forefront of this evolution.## The Allure of Digital ScarcityGold has always held intrinsic value due to its scarcity, durability, and inherent properties. Bitcoin replicates this scarcity through a pre-programmed…

A note about the Stateless Ethereum initiative: Research activity has (understandably) slowed in the second half of 2020 as all contributors have adjusted to life on the weird timeline. But as the ecosystem moves incrementally closer to Serenity and the Eth1/Eth2 merge, Stateless Ethereum work will become increasingly relevant and impactful. Expect a more substantial year-end Stateless Ethereum retrospective in the coming weeks. Let’s roll through the re-cap one more time: The ultimate goal of Stateless Ethereum is to remove the requirement of an Ethereum node to keep a full copy of the updated state trie at all times, and…