JPMorgan's JPM Coin, representing dollar deposits, is coming to Ethereum: Bloomberg
JPMorgan's dollar deposit token is heading to Ethereum as the lender looks to offer it to wider selection of institutional clients. Source:CoinDesk
Bitcoin, Ether ETFs shed $549M as October ETH outflows near $1B
US spot Ether ETFs recorded around $955 million in October net outflows so far, while Bitcoin funds extended their weekly withdrawal streak to two weeks.…
Bitcoin whale moves $34 million in BTC it got in 2013 when coins traded at $131
A bitcoin wallet dormant since 2013 moved 411 BTC, now worth about $34 million. It is one of several longdormant wallets to wake up recently. Source:CoinDesk
The U.S. budget deficit just hit almost $2 trillion — and Washington isn’t doing much about it
The deficit figure is the largest since 2021 and amounts to an estimated 6.2% of U.S. gross domestic product. Source:MarketWatch
Live updates: Bitcoin back above $82,000, ZEC jumps 11% as ETF outflows continue
Crypto bounced a day after bitcoin’s brief drop under $80,000, but investors kept pulling money from ether, SOL and ZEC funds. Source:CoinDesk
Bitcoin may seek 20-month trend line reclaim before new record highs: CryptoQuant
Bitcoin’s market cycle signals tool showed BTC price action copying history, possibly preparing to reclaim a key moving average before testing new highs.…
XRP has failed to make holders rich like bitcoin and ether. Here’s why
XRP remains below its 2017cycle high while bitcoin, ether and other major tokens have surged, enriching their holders. Source:CoinDesk
Bitcoin slips under $80K after US PPI gains most in four years
BTC buyers attempted to defend $80,000 support after September US producer inflation overshot expectations by 100 basis points for the largest monthly gain…
Bitcoin ETFs shed $261M as XRP funds buck weekly outflow trend
Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week. Source:Cointelegraph
Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide
Ether accounted for nearly 60% of the forced closures across the two largest cryptocurrencies, falling roughly twice as much as bitcoin. Source:CoinDesk
The COLA wars are coming for Social Security
The annual costofliving adjustment may soon be capped, curtailed, meanstested or scrapped altogether under various proposals being actively considered…
What to expect at the next Fed meeting now that rate-hike odds are rising
Market participants and economists are split on the question of whether or not the Federal Reserve will raise interest rates by another quarterpoint in two…