Good Evening
Today's Top Caps
BTC $110K (+0.1%)
ETH $3885 (+0.2%)
USDT $1
BNB $1100 (-2.4%)
XRP $2.48 (+3%)
Today's Top Gainers
COAI, JUP, WLFI, ZEC, PUMP
ETF Tracker
BTC +20M, ETH -127M
Today's Top Headlines
Tether is expected to make $15 BILLION in profit this year with a 99% profit margin - CEO Paolo Ardoino.
Cryptodotcom has filed an application for a National Trust Bank Charter with the US OCC.
JPMorgan to Allow Bitcoin, Ether as Collateral in Crypto Push.
JPMorgan Chase & Co. plans to allow institutional clients to use their holdings of Bitcoin and Ether as collateral for loans by the end of the year in a significant deepening of Wall Street’s crypto integration. The program, offered globally, will rely on a third-party custodian to safeguard the pledged tokens, according to people familiar with the matter. It builds on JPMorgan’s earlier move to accept crypto-linked ETFs as collateral.
Jack Mallers announces Bitcoin-backed line of credit.
Strike CEO Jack Mallers dropped big news for Bitcoiners who want to live entirely on $BTC - no fiat needed. He revealed that the team is building a real-time Bitcoin-backed line of credit, allowing users to borrow against their BTC to make Lightning payments, pay bills, and manage daily expenses - all without selling their bitcoin. “It works just like a credit card, but secured with BTC,” enabling seamless payments while preserving your bitcoin stack. Mallers says this is part of a broader effort to create a suite of Bitcoin-native financial services that feel “natural and easy.”
A bitcoin miner wallet containing 4,000 BTC moved a portion of its holdings, marking its first transfer in 14 years.
Citing Arkham data, onchain analytics platform Lookonchain said wallet "18eY9…6EfyM" transferred 150 BTC, worth around $16.6 million, to another unmarked address at around 3 p.m. on Thursday. "These 4,000 BTC were mined in 2009 and consolidated into wallet 18eY9o in 2011," Lookonchain wrote in its post on social media platform X. On Oct. 24, 2011, 4,000 bitcoin was worth $16,400. Today, it is worth over $442 million.
Swiss Bank Sygnum to Launch Bitcoin-Backed Loan Platform With Multi-Sig Wallet Control.
The offering, developed with non-custodial BTC lending startup Debifi, targets institutions and high-net worth borrowers who don't want to give up control of their assets.
Another solo miner has successfully mined a Bitcoin block, earning 3.129 $BTC worth $347,980.
Until Next Time, Stay Frosty!
