JPMorgan Chase to pilot JPMD deposit token for institutional clients on Base
JPMorgan Chase will pilot JPMD, a dollar deposit token on Base blockchain, for institutional clients. It aims to offer scalable alternatives to stablecoins with potential interest-bearing features.
JP Morgan to Launch JPMD Coin on Base: Here’s What You Need to Know
JP Morgan plans to launch JPMD, a dollar-denominated deposit token on Base blockchain, starting with a pilot transfer to Coinbase for institutional clients before potential expansion.
Floki Price Prediction: Double Bottom Pattern Signals Potential Upside Toward $0.00008900 – Brave New Coin
Floki’s price shows a double bottom pattern, signaling potential bullish reversal toward $0.00008900. Analysts note consolidation and volume support, with key resistance at $0.00008200.
Goldman Sachs Says US Experiencing Disinflation if Not for Tariffs, Predicts Federal Reserve Cutting Rates Later This Year – Here’s When – The Daily Hodl
Goldman Sachs’ Robert Kaplan suggests the US would face deflation without tariffs, predicting potential Fed rate cuts by September as inflation shows signs of easing.
Ethereum Whales, BlackRock Fuel $3K Breakout Hopes
Ethereum’s price dipped 3% to $2,555 but remains stable within a $2,400-$2,800 range. Whales are accumulating ETH, with over 800,000 ETH bought daily, signaling potential breakout towards $3,000.
Coinbase Seeking SEC Approval for Tokenized Stock Trading in Push To Compete With Robinhood: Report – The Daily Hodl
Coinbase is seeking SEC approval to offer tokenized stock trading, aiming to compete with platforms like Robinhood by enabling blockchain-based equities with 24/7 trading and lower costs.
Canada Approves First XRP Spot ETF on Toronto Stock Exchange – Crypto News Bitcoin News
Canada approves its first XRP spot ETF, managed by Purpose Investments, set to launch on the Toronto Stock Exchange on June 18, offering regulated XRP exposure in CAD and USD.
Rising Bitcoin Dominance Above 64% Dashes Hopes Of Altcoin Season, Here’s Why
Bitcoin’s dominance surpassing 64% signals prolonged altcoin stagnation, as institutional BTC accumulation grows while altcoins face selling pressure and lackluster interest.
BBVA Tells Wealthy Clients To Invest Up To 7% In Bitcoin
BBVA advises wealthy clients to allocate 3-7% of portfolios to Bitcoin, recognizing its potential impact on returns and long-term value in diversified investments.
JP Morgan Exec Wary of ‘Overcrowding’ Stablecoin Market – Decrypt
JP Morgan executive Emma Lovett warns of potential overcrowding in the stablecoin market, as major banks explore partnerships and regulatory clarity awaits the GENIUS Act vote.
