Elliptic lands $120 million funding round backed by JPMorgan, Deutsche Bank, and Nasdaq

The UAE's crypto integration for government fees could boost digital asset adoption, but reliance on few intermediaries poses systemic risks. The post UAE government approves crypto for fee payments, taps Crypto.com as first licensed platform appeared first on Crypto Briefing.

Spot XRP ETFs have quietly amassed $1.35 billion in net inflows on the back of Ripple’s JPMorgan‑backed tokenized Treasuries tests. Five U.S.-listed spot XRP (XRP) ETFs pulled in a combined $25.8 million on Monday, the biggest single-day haul since January…

Elliptic raised $120M at a $670M valuation as Deutsche Bank, Nasdaq and JPMorgan bankroll blockchain surveillance tools amid surging crypto crime and regulatory heat. Blockchain analytics and compliance firm Elliptic has secured a $120 million funding round at a $670…

CertiK, Chainalysis and Elliptic all say DPRK‑linked hackers stole about 60% of 2025’s $3.4B crypto theft, including an estimated $2.02B taken by North Korean groups. Blockchain security firm CertiK says North Korean state-linked hacking groups were responsible for roughly 60%…

The post Bitcoin, ETH, XRP Risks Falling as JPMorgan & Wall Street Giants See Hot CPI Inflation at 3.8% appeared on BitcoinEthereumNews.com. The US stock market and global crypto market are facing renewed selling pressure as Wall Street anticipates hotter-than-expected U.S. CPI inflation data today. JPMorgan, Morgan Stanley, Citigroup, and other major banks warn that a higher inflation reading could reinforce a “higher for longer” Fed rate environment, weighing on Bitcoin, Ethereum (ETH), and XRP. US CPI Inflation Estimates by JPMorgan & Other Wall Street Giants After the Nonfarm payrolls data showed a resilient US labor market, investors are closely monitoring the US CPI inflation data release later today. An upside surprise in inflation could erase hopes of Fed rate cuts, sending Bitcoin, ETH, and XRP crashing. Wall Street giants JPMorgan, Morgan Stanley, Deutsche Bank, Citigroup, UBS, and Wells Fargo expect CPI inflation to come in hot at 3.8%. The core CPI is expected to rise amid

Crypto's strong ties to the Nasdaq highlight the influence of tech trends like the AI boom on market dynamics. The post Michael Nadeau: Crypto’s correlation with the Nasdaq is at an all-time high, the AI boom is driving current price trends, and understanding market bubbles is crucial for investors | Bankless appeared first on Crypto Briefing.

The post Trading expert sets date when Micron stock will hit $3,000 appeared on BitcoinEthereumNews.com. Following its explosive rally in 2026, semiconductor giant Micron Technology (NASDAQ: MU) could still have substantial upside ahead, with a trading expert projecting the stock may surge toward $3,000 over the next few years. In a TradingView analysis published on May 11, technical analyst TradingShot argued that Micron is following a long-term chart structure similar to the company’s historic rally during the late 1980s and 1990s technology boom.  According to the analyst, the stock appears to be entering a temporary “pause phase” before another major breakout. MU stock price analysis chart. Source: TradingView The analysis noted that Micron has maintained a strong uptrend since rebounding from its April 2025 lows near the monthly 100-period moving average.  TradingShot said the current setup mirrors the company’s historic post-IPO advance, which featured repeated cycles of sharp ra

A bipartisan group of U.S. lawmakers is convening a closed-door session to push crypto tax reform forward, with new legislation on the table that could reshape how digital asset holders pay taxes on staking, trading, and everyday payments. PARITY Act Would Defer Staking Taxes The House Ways and Means Committee is set to hold a […]