Crypto News
XRP Leads Crypto Majors Gains as Bitcoin Continually Tested by Israel-Iran Tensions
A fog of uncertainty continues to hang over global markets as crypto assets trade sideways, ahead of this week’s U.S. Federal Reserve meeting. While equities briefly found their footing on Monday, crypto markets remained defensive after Friday’s $1.2 billion futures liquidation, which shook out overleveraged longs and sent altcoins sharply lower over the weekend.Bitcoin rose above $108,000 in the U.S. morning session on Monday, then slid to as low as $106,500 due to profit-taking. However, buying activity later moved prices above $107,000 in the Asian morning hours on Tuesday. BTC ETFs saw $1.4 billion in net inflows over the past week, reaffirming the role of spot products as price shock absorbers even during broader pullbacks.Meanwhile, ether (ETH) rose 1.5% over...
JPMorgan Files Service Mark to Expand Digital Asset and Blockchain Services
JPMorgan Chase has filed a service mark for “JPMD,” signaling an aggressive push into blockchain, digital assets, and decentralized finance infrastructure at institutional scale. JPMorgan Files Service Mark for JPMD in Strategic Blockchain and Digital Asset Expansion Plan JPMorgan Chase Bank submitted a service mark application on June 15 for the mark “JPMD,” signaling aSource link
Solana-Based Pump.fun Among List of Crypto Trading Platforms Suspended from X
Accounts linked to Pump.fun, GMGN and other Solana-based projects have been taken down without warning, triggering speculation as to why.Source link
Polymarket Bets on US Strike Against Iran Spike, Then Fall
The conflict has sparked interest among punters, even as the odds of a U.S. strike against Iran on Polymarket fall.Source link
Asia Morning Briefing: Tron’s Public Listing Might be Investors’ ‘Visa’ Moment for Stablecoins
Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.AnalysisAs Asia begins its trading day, Tron DAO's TRX token is trading flat, up 1%.Crypto traders don't seem to be making much out of a recent announcement that Tron – for all intents and purposes – is 'going public' on the NASDAQ via a reverse merger with SRM Entertainment, a lightly traded Nasdaq-listed toy company that is now rebranding as “Tron Inc.” complete with a TRX treasury strategy.While a blockchain going public might be a little different than...