Ethereum price forms bullish SMA crossover as ascending channel targets $2,600

Ethereum is trading around  $2.3k and is still anchored below the $2.4k resistance zone that has capped this entire consolidation over the past months. The ascending channel from February’s lows remains structurally intact, and the conditions for a breakout seem favorable. The derivatives positioning has also changed dramatically recently, as traders are now placing their […]

JPMorgan is launching a tokenized money market fund on Ethereum, marking another step by a major Wall Street institution into public-blockchain-based fund infrastructure. The new JPMorgan OnChain Liquidity-Token Money Market Fund will offer Token Class shares under the ticker JLTXX, according to a registration filing for JPMorgan Trust IV. The filing positions the product as […]

Solana price continued pushing higher this week as bullish momentum strengthened near a major resistance zone that traders have closely watched since March. According to data from crypto.news, Solana (SOL) traded around $94 at press time on May 13 after…

Maple, an onchain asset manager overseeing $3.8 billion in assets, has officially announced its integration with the Ethereum layer two ( L2) network Ink. Onchain Yield Expansion: Maple Deploys syrupUSDT on OP Stack-Based Ink The move is designed to broaden access to the firm’s dollar-yield product, known as syrupUSDT, throughout the Ink decentralized finance ( […]

An onchain whale has quietly spent $46.99 million accumulating 21,800 ether since February 15, with the latest purchase of 1,500 ETH coming just hours ago. A PATIENT, SYSTEMATIC ACCUMULATION SCHEME Having spent $46.99 million accumulating ether since February 15, buying a total of 21,800 ETH at an average price of $2,155 per coin, the whale’s […]

BNB price climbed higher this week as bulls attempted to confirm a breakout from a bullish double bottom pattern forming on the weekly chart. According to data from crypto.news, BNB (BNB) price rose over 2% over the past week to…

The post JPMorgan Files JLTXX Tokenized Treasury Fund on Ethereum appeared on BitcoinEthereumNews.com. JPMorgan filed JLTXX, a tokenized money market fund backed by U.S. Treasuries on Ethereum. Ethereum gained further institutional attention as firms expanded tokenized Treasury activity. IMF warned that tokenized markets may face legal and settlement risks during stress conditions. JPMorgan expanded its blockchain-based finance operations after filing for a new tokenized money market fund intended to support stablecoin reserve management under the proposed GENIUS Act framework. The filing also added to growing institutional activity linking stablecoin liquidity with tokenized U.S. Treasury products on Ethereum. The bank’s asset management division submitted paperwork for the JPMorgan OnChain Liquidity-Token Money Market Fund, which will trade under the ticker JLTXX. According to the filing, the fund will issue digital tokens on the Ethereum blockchain that represent ownership in a port

The post Ethereum’s Stability Sparks Speculation of Potential Upswing appeared on BitcoinEthereumNews.com. In recent days, Ethereum has held its ground just above a critical support level, showing signs of a potential upward trend. Despite a recent market correction, analysts are noting similarities between the current price behavior and previous consolidation phases that often led to significant rallies. Continue Reading:Ethereum’s Stability Sparks Speculation of Potential Upswing Source: https://en.bitcoinhaber.net/ethereums-stability-sparks-speculation-of-potential-upswing