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JPMorgan is launching the deposit token $JPMD on the Base blockchain.

This marks the bank’s first deployment on a public blockchain network.

The token represents U.S. dollar deposits and will initially be used by institutional clients.

Unlike stablecoins, $JPMD may eventually generate interest and be FDIC-insured.
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The only Bitcoin indicator you need.

We are going way higher, get ready.
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Exploit of Iranian crypto exchange Nobitex.

On-chain sleuth ZachXBT reported a possible hack of Nobitex, Iran’s largest crypto exchange. According to him, $48.65M was drained from wallets linked to the platform on the Tron network.

The suspected attacker used a vanity address with a political message:
TKFuckiRGCTerroristsNoBiTEXy2r7mNX.
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Tether just minted another 1B $USDT.

The last two times Tether minted $USDT, $BTC pumped.
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China’s Central Bank says blockchain drives stablecoin growth, reshapes cross-border payments, and challenges financial oversight
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PEPE whale 0x6ea4 deposited the last 600B $PEPE($6.04M) to Binance 50 minutes ago.

A month ago, the whale withdrew 2.2T $PEPE ($27.64M) from Binance, and has since deposited it back in three batchesβ€”on June 8, June 13, and June 18β€”taking an estimated loss of ~$3.5M.
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Solana 🀝 ICP

Solana is integrating with the Internet Computer Protocolβ€”joining Bitcoin and Ethereumβ€”enabling cross-chain smart contracts across all three blockchains.
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ETH pumped 50% in a week after the last FOMC meeting
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Mysterious trader AguilaTrades has closed most of his long $BTC position.

The remaining position is currently valued at $77M.

He initially opened positions worth $424M, but has reduced his exposure from 3,952.66 $BTC to 736.5 $BTC.

In his previous trade, Aguila lost $12.5M, and total losses now exceed $15M.
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Largest crypto seizure in U.S. history linked to fraud

The U.S. Department of Justice has seized over $225.3M in cryptocurrency tied to fraudulent investment schemes known as β€œcrypto-confidence scams.” This marks the largest digital asset seizure ever carried out by the U.S. Secret Service and FBI.

Scammers lured victims by posing as legitimate investment platforms. According to investigators, hundreds of U.S. citizens and over 400 people worldwide were affected. In 2024 alone, damages from such schemes exceeded $5.8B.
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Sometimes holding beats swing trading.

Trader 0x5966 made 4 swing trades on $WBTC over the past 50 daysβ€”3 of them ended in losses, with a total loss of $238.7K.

If he had simply bought 54 $WBTC($5.18M) at $96,152 on May 1 and held, he'd be up $483K right now.
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Crypto Insider
Circle stock surges 200% β€” rising from its $31 IPO price to $94.41.
Circle has soared 450% since going public two weeks ago.
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This hedge-fund is shorting the market with $500 million dollars.

They’re up $13M.
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Justin Sun’s father gains control of public company Tron Inc. via $100M deal

Source
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Bitcoin is now 1.3% of global money.
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