News Explorer — Crypto Winter Isn't Coming Despite Bitcoin Plunge: JPMorgan

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Dec 9, 8:28 pm

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Crypto Winter Isn't Coming Despite Bitcoin Plunge: JPMorgan

JPMorgan analysts believe that despite recent fears and a 9% decline in Bitcoin's price, a prolonged downturn or "crypto winter" is not imminent. They noted a decrease in trading volumes but highlighted the resilience of stablecoins.

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Dec 10, 1:52 am

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American Federation of Teachers Warns Against Risks Posed by Senate's Crypto Market Structure Bill

The American Federation of Teachers has raised concerns about the Responsible Financial Innovation Act, warning it could... Read Summary

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Dec 9, 10:47 pm

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SEC Chair Atkins Suggests Certain ICOs Should Be Considered as Non-securities

SEC chair Paul Atkins stated that certain ICOs should be considered non-securities transactions, falling outside the SEC... Read Summary

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Dec 9, 10:09 pm

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New Application Filed For 'Afterdark' Bitcoin ETF Seeking to Mirror Asset's Overnight Returns

An application for a Bitcoin-focused ETF, the Nicholas Bitcoin and Treasuries AfterDark ETF, was filed with the SEC by T... Read Summary

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Dec 9, 10:02 pm

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Developers Can Now Build on Stripe's Tempo Blockchain

Tempo, a blockchain by Stripe and Paradigm, launched its public testnet, welcoming developers to build on the network. T... Read Summary

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Dec 9, 9:34 pm

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Zcash Treasury Firm Cypherpunk's Stock Jumps 40% on ZEC Founder Appointment

Zooko Wilcox, founder of Zcash, has joined Cypherpunk Technologies Inc. as a strategic advisor, leading to a surge in th... Read Summary

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Dec 9, 8:28 pm

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Crypto Winter Isn't Coming Despite Bitcoin Plunge: JPMorgan

JPMorgan analysts believe that despite recent fears and a 9% decline in Bitcoin's price, a prolonged downturn or "crypto... Read Summary

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Dec 9, 7:09 pm

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Senator Booker Says Crypto Bill Won't Gain Support Unless Democrats Are Appointed to SEC, CFTC

Sen. Cory Booker expressed concerns over the potential expansion of presidential power to fire commissioners from agenci... Read Summary

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Dec 9, 6:25 pm

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USDCx Private Stablecoin From Aleo and Circle Goes Live on Testnet

Aleo network's foundation announced the launch of a new privacy-focused stablecoin, USDCx, in partnership with Circle's... Read Summary

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Dec 9, 5:56 pm

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Ethereum 'Permit' Scams Are Gaining Steam, Leading to Massive Losses

A hacker stole over $440,000 in USDC by tricking a wallet owner into signing a malicious "permit" signature, leading to... Read Summary

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Dec 9, 5:20 pm

Coindesk

Bitwise BITW ETF Gains SEC Approval With Bitcoin, Ethereum, XRP and More

Bitwise's $1.25 billion Bitwise 10 Crypto Index Fund (BITW) has been approved by the SEC to trade on NYSE Arca, becoming... Read Summary

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Dec 9, 3:55 pm

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PNC Bank Now Offers Bitcoin Trading for Customers

PNC Bank introduced a service allowing select customers to trade Bitcoin through Coinbase, part of a strategic partnersh... Read Summary

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Dec 9, 3:37 pm

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Electoral Commission Urged to Investigate £9 Million Donation to Reform UK by Crypto Billionaire

The UK's Liberal Democrats and Labour Party have requested the Electoral Commission to investigate a £9 million donation... Read Summary

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Dec 9, 1:48 pm

Coindesk

Malaysia Debuts RMJDT Stablecoin Pegged to the Ringgit

The king's son in Malaysia introduced a stablecoin called RMJDT, pegged to the ringgit, for cross-border trade and forei... Read Summary

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Dec 9, 1:46 pm

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Bitcoin Giant Strategy and Ethereum Leader BitMine Bought Big This Week

Tyler Warner's daily newsletter, Morning Minute, features insights from Michael Saylor and Tom Lee's recent significant... Read Summary

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Dec 9, 1:18 pm

Coindesk

Automaker BMW Used JPMorgan's Blockchain Network for FX Payment

BMW Group and JPMorgan collaborated to conduct the first fully pre-programmed FX transaction using JPMorgan’s Kinexys Di... Read Summary

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