JPMorgan Chase has begun deploying its deposit token, JPM Coin, allowing institutional clients to make instant 24/7 transfers of US dollar deposits on Base. Read More at https://cointelegraph.com/news/jpmorgan-launches-deposit-token-base-blockchain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Bitcoin ETFs roar back with $524M inflows in best day since market crash
Smart money traders have also added $8.5 million worth of net long Bitcoin positions, signaling growing optimism among the industry’s most successful traders. Read More at https://cointelegraph.com/news/bitcoin-etf-inflows-post-crash-rebound?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arthur Hayes tells Zcash holders to withdraw from CEXs and ‘shield’ assets
Hayes’ call to self-custody Zcash highlights renewed focus on privacy coins as the sector sees sharp price swings and mixed performances. Read More at https://cointelegraph.com/news/arthur-hayes-zcash-shield-self-custody?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase Business launches in Singapore to reshape payments with USDC
Expanding outside the US, Coinbase Business launches in Singapore to give startups and SMEs a unified platform for USDC payments, asset management and more. Read More at https://cointelegraph.com/news/coinbase-business-singapore-first-international-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Visa pilots fiat-funded stablecoin payouts for US businesses
Visa is piloting a service allowing US dollar stablecoin payouts to crypto wallets from business accounts funded with fiat currency. Read More at https://cointelegraph.com/news/visa-stablecoin-fiat-funded-payout-pilot?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Morgan Stanley says it’s harvest time as Bitcoin enters ‘fall’ season
Morgan Stanley’s Denny Galindo likens Bitcoin’s cycle to the seasons, warning that the market’s “fall” phase is a time to secure gains before a downturn. Read More at https://cointelegraph.com/news/morgan-stanley-strategists-urge-profit-taking-as-crypto-enters-fall-season?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UAE’s ‘digital dirham’ CBDC pilot completes first transaction
The United Arab Emirates’ central bank digital currency pilot has made its first transaction, reportedly completed in under two minutes. Read More at https://cointelegraph.com/news/uae-first-digital-dirham-transaction-cbdc-pilot?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitwise Chainlink ETF appears on DTCC site, tipping pending launch
Bitwise’s spot Chainlink ETF has appeared on the Depository Trust and Clearing Corporation’s registry, a sign that it could launch in the near future. Read More at https://cointelegraph.com/news/bitwise-chainlink-etf-put-on-dtcc-registry?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nationally chartered bank SoFi rolls out crypto trading for US customers
SoFi CEO Anthony Noto says the bank also plans to introduce a stablecoin called SoFi USD and views blockchain and crypto as a “super cycle technology.” Read More at https://cointelegraph.com/news/nationally-chartered-bank-sofi-launches-crypto-trading?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Canary Capital filing signals spot XRP ETF set for launch this week
Canary Capital’s XRP ETF is set to be the first US-based fund to directly hold the token, following the company’s key SEC filing that could see it launch on Thursday. Read More at https://cointelegraph.com/news/canary-capital-spot-xrp-etf-set-for-launch-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound