Author: Kryptonews

JPMorgan filed a trademark application for the mark “JPMD,” covering trading, exchange, transfer, and payment services tied to virtual currency, digital tokens, and blockchain-enabled money. According to reports from June 16, the filing lists electronic fund transfers, real-time token trading, custody services, and secure online financial transactions. The document identifies JPMorgan Chase Bank, N.A., as the owner and cites the bank’s Columbus, Ohio, address.The move comes after reports on May 23 that JPMorgan, Bank of America, Citigroup, and Wells Fargo are discussing a joint stablecoin initiative. Frax Finance founder Sam Kazemian confirmed the talks, indicating that discussions have advanced beyond early speculation. The…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure With the growing bullish sentiment across the general crypto market, Ethereum is now seeing a renewed uptrend, pushing the digital asset to break above the key $2,600 resistance level. Beneath the ongoing positive price performance, a crypto analyst has underlined the potential for ETH to witness a robust rally in the upcoming weeks. Wild Surge May Be Imminent For Ethereum Since retesting the $2,850 range, Ethereum’s price has fallen sharply toward key support zones. ETH may have faced bearish pressure after hitting the level, but a recent…

Key takeaways:Bitcoin (BTC) reclaimed $108,000 on Monday after retesting the $104,000 support level over the weekend. The gains came as conflict broke out in the Middle East and investors scaled back expectations for interest rate cuts in the United States, signaling stronger confidence in Bitcoin’s upside potential.Traders’ sentiment remained steady despite the worsening socio-economic outlook, as shown by Bitcoin derivatives metrics.Bitcoin 30-day futures annualized premium. Source: Laevitas.chThe Bitcoin futures premium reached 5% on Monday, the baseline for neutral markets. These monthly contracts typically trade at a 5% to 10% premium to account for the longer settlement period. Although below the…

Investigators have linked a figure in the $30 million ZKasino alleged scam to a fresh cryptocurrency project branded WhiteRock (WHITE), on-chain analyst ZachXBT reported in a June 16 post on X.WhiteRock surfaced in December 2024 with an anonymous team, overstated user counts, and unverifiable claims about a USDX reserve, researchers at Blokiments wrote in a memo dated June 13.EvidenceZachXBT added fresh evidence by finding an influencer that received payment from a WhiteRock-tied wallet, which also aggregates deposits traceable to ZKasino’s treasury.Separate transfers in February and March show identical amounts exiting a ZKasino wallet to an instant exchange and entering WhiteRock…

Bitcoin, the pioneering cryptocurrency, has captivated the world with its decentralized nature and potential for financial transformation. However, the process of creating new Bitcoin, known as mining, has come under intense scrutiny due to its massive energy consumption and associated carbon footprint. Today, the Bitcoin mining industry is estimated to be worth over $20 billion, a figure that highlights both the potential rewards and the environmental challenges it presents. Understanding Bitcoin Mining and Energy Intensity Bitcoin mining is the process of verifying and adding new transaction records to the blockchain, Bitcoin’s public and distributed ledger. Miners compete by solving complex…

A widely followed crypto analyst says that layer-1 blockchain Sui (SUI) is gearing up for a massive breakout to fresh all-time highs. In a new thread, pseudonymous crypto trader Kaleo tells his 703,900 followers on the social media platform X that SUI is suddenly presenting a major buying opportunity. He says that the recent $223 million hack of the Cetus Protocol, a decentralized exchange (DEX) operating on the Sui network, caused SUI’s value to decline, but ultimately gave bulls a chance to position themselves for the next leg up. “Remember last cycle how many times SOL was declared dead because…

Key Takeaways Eric Trump denied public involvement in Tron’s planned US public market debut. The new entity, Tron Inc., plans to hold up to $210 million worth of TRX tokens. Share this article Eric Trump on Monday denied involvement in Tron’s reported public market debut plan, despite being a self-proclaimed supporter of the blockchain project and its founder, Justin Sun. “I’m the biggest fan of Tron and love [Justin Sun] – he is a great friend and an icon in the crypto space,” Eric Trump wrote on X. “I don’t have public involvement in this company.” His clarification came after…

Friends, In the time since the last Devcon announcement, the state of the Ethereum ecosystem has been electric. We’ve realized critical milestones on the Eth2 roadmap, as well as countless breakthroughs and major progress by teams across the ecosystem. We are incredibly excited to celebrate these achievements with all of you at Devcon in Bogota soon. That said, we need to talk about timing, because we’ve made the difficult decision to hold off on reuniting for a bit longer rather than pushing ahead with our August target (☔️✔). While nothing is guaranteed given the ongoing pandemic, we’re hopeful that a…

The Judd Foundation reached a settlement with Kim Kardashian and Clements Design earlier this month, according to court records, after the reality TV star promoted knockoff versions of the late artist’s minimalist tables and chairs. The lawsuit centered around a now-deleted 2022 promotional video in which Kardashian tours the offices of her Skims by Kim company, therein boasting about what she called her “Donald Judd tables.” The tables in question are reminiscent of Judd’s La Mansana Table 22 and Chair 84. The video received more than 3.6 million views before it was removed. In 2024, the foundation sued her over false claims, as the…

Key takeaways: The average Sonic price prediction for 2025 is $0.1727 Holders can anticipate a maximum price of $0.6752 in 2028. By 2031, Sonic (S) might touch $1.99. Fantom Integrates to Sonic (S) Chain On March 25, 2024, Fantom CEO Michael Kong announced the upcoming launch of the Sonic mainnet following the completion of its testnet. The proposal included a decentralized bridge to Ethereum for improved security, streamlined staking options, and the introduction of liquid staking. Michael Kong Unveils Sonic’s Launch and BeyondTL;DR Sonic will be used to create a new best-in-class shared (decentralized) sequencer for L1 and L2 chains,…