Author: ethan

JPMorgan launched its deposit token JPM Coin on Coinbase’s public Base network, marking—according to Bloomberg and cited statements—the first live deployment of regulated bank money on a public blockchain. The move enables institutional clients to transfer dollars instantly, 24/7, while preserving the bank’s KYC/AML controls, primarily impacting treasuries, correspondent banks and digital asset platforms.

The price of BNB recovered the $970 level this November 12, 2025. This occurred after a momentary dip below that key support. The swift recovery reflects the BNB token volatility and persistent demand. Data from exchanges like Binance.US and Coinbase confirmed the move, which impacts the entire BNB Chain ecosystem.

Circle, the issuer of the USDC stablecoin, announced its third-quarter financial results. The company reported $740 million in revenue and reserves. This figure surpasses analyst forecasts and includes the Circle Q3 2025 revenue. Jeremy Allaire, Co-founder and CEO of Circle, highlighted the increasing adoption of USDC and its platform.

Arjun Sethi, co-CEO of Kraken, has harshly criticized the current UK crypto regulations. During an interview with the Financial Times, Sethi argued that the current framework, in effect since October 2023, harms customers. He stated that the rules worsen the customer experience instead of protecting them.

Visa has taken a fundamental step into blockchain-based finance. The company revealed a new pilot program this Wednesday. It allows direct payouts using Circle’s USDC stablecoin. The initiative, announced at the Web Summit in Lisbon, is designed for freelancers, creators, and gig workers globally. The goal is to facilitate cross-border payments with stablecoins almost instantly.

XRP’s technical and on-chain signals suggest a significant bullish breakout. Analyst Milkybull shared a chart on Tuesday identifying an XRP cup-and-handle pattern. This classic formation aims for a $5 target by the end of 2025.

Zcash (ZEC) suffered a sharp 20% drop in the last 24 hours. The cryptocurrency settled near $526 this November 11. Despite the initial alarm, this Zcash price correction could be a bullish consolidation, not a reversal. Technical analysis from charts, visible on platforms like TradingView, reveals the formation of a “bull flag” pattern. The recent pullback appears to be just a pause in a massive rally. ZEC has accumulated an astonishing 1,200% gain in three months and remains up 14% for the past week. The “bull flag” pattern formed after the strong impulse (the flagpole) seen since late October. Now,…

Federal Reserve Governor Stephen Miran predicted that the expansion of dollar-denominated stablecoins could reduce U.S. interest rates, particularly the neutral rate (r-star), by channeling massive flows into Treasury bills and other liquid assets. Presented in his Nov. 7 remarks in New York, the forecast signals a potential structural shift in the transmission of monetary policy affecting issuers, banks, and debt markets. According to Fed staff projections, the stablecoin ecosystem could reach $1–$3 trillion by the end of the decade.

JPMorgan estimates that Bitcoin is undervalued by roughly $68,000 compared to gold and places its “fair value” in a range of $165,000–$170,000 over a 6–18 month horizon. The call follows a new BTC drop alongside an equities pullback and has implications for institutional investors and crypto market participants.

Internet Computer (ICP) surged nearly 34% in a single session, reaching US$ 7.02 in a sharp breakout above the US$ 7.00 resistance level. Accompanied by a dramatic volume spike, the move signals renewed bullish momentum distinct from the broader crypto market’s weakness.