Ethereum Powers JPMorgan’s New Tokenized Fund
@JPMorgan has launched its My OnChain Net Yield Fund (MONY), a tokenized money market fund on Ethereum, seeded with $100M, targeting institutional investors. #Update #Crypto $USDC
@JPMorgan has launched its My OnChain Net Yield Fund (MONY), a tokenized money market fund on Ethereum, seeded with $100M, targeting institutional investors. #Update #Crypto $USDC
JPMorgan launches its first tokenized money-market fund, MONY, on Ethereum with a $100M seed, allowing subscriptions via cash or $USDC.
Ethereum price dips below $3,120, consolidating with potential recovery above $3,200. Resistance at $3,175; support near $3,050. #Update #Crypto $ETH
Hex Trust launched wrapped $XRP across Ethereum, Solana, Optimism, and HyperEVM with $100 million in liquidity, raising concerns over custodial risks and operational complexity. #Update #Crypto $XRP
A widely followed trader, Inmortal, suggests $SOL may rally after retesting the $120 support level, similar to $ETH’s earlier gains. Currently, $SOL trades at $138. #Update #Crypto $SOL (+5) ↗
Bitcoin and Ethereum market structures suggest an impending crypto winter, according to Semilore Faleti’s analysis at NewsBTC. #Update #Crypto $BTC
A coalition of top crypto and fintech platforms seeks federal oversight for prediction markets to block state crackdowns, reshaping trading and civic insight. #Update #Legal
@BlackRock files to launch a staked Ethereum ETF, planning to stake 70-90% of the trust’s ETH while managing liquidity risks. Coinbase Custody Trust will act as custodian. #Update #Crypto $ETH
@Solana’s Firedancer client launched on mainnet December 2024, aiming to enhance network resilience by reducing reliance on a single validator client, addressing past outages. #Update #Crypto $SOL
Ethereum’s price action aligns with Wyckoff accumulation, suggesting a potential breakout to $10,000 if the structure holds, says analyst @MerlijnTrader. Currently trading at $3,100. #Update #Crypto $ETH
A Bitcoin whale, Bitcoin OG 1011short, opened a $491M long position in $ETH, sparking speculation of insider knowledge. Total long positions exceed $614M. #Breaking #Crypto $ETH
Ethereum ($ETH) holds above $3,091 support amid bullish divergence and significant whale activity, including a $392M leveraged long position, signaling potential volatility. #Update #Crypto $ETH
Ethereum’s recent price decline to $3,000 suggests a bearish continuation, with analyst Ali Martinez highlighting a potential drop to $2,400. #Update #Crypto $ETH
@Coinbase’s layer-2 network Base, led by Jesse Pollak, surpassed $15 billion in total value locked and is exploring a native token launch amid significant growth in DeFi and social applications. #Update #Crypto $ETH