Geopolitical tensions and tariff deadlines intensify market volatility risks. On-chain data suggests impending significant market shifts. Continue Reading: Witness Market Dynamics as Cryptocurrency Prices Shift Unexpectedly The post Witness Market Dynamics as Cryptocurrency Prices Shift Unexpectedly appeared first on COINTURK NEWS .
The recent transfer of 3,000 ETH from the Abracadabra exploit address to Tornado Cash has reignited critical discussions on DeFi security and the challenges of tracing illicit funds. This move
Most of the crypto miners in Russia don’t comply with the regulations the country imposed on mining. Russia is taking steps to legalize and regulate crypto mining to bring it out of the informal economy. Still, most crypto miners in the country fall outside relevant regulation, authorities say. On Tuesday, June 19, the Finance Ministry revealed that just 30% of miners are registered with the relevant tax authorities. According to Deputy Finance Minister Ivan Chebeskov, registering crypto mining entities is still an ongoing process. The authorities aim to bring miners into the regulated economy, where they can be taxed and managed. “Our general approach, when we introduced regulation of mining in this industry, was to bring this industry out of the shadows as much as possible. We have not yet completed this process. So far, only 30% of all miners have entered the register maintained by the Federal Tax Service, and this process is still far from complete. Another 2/3 need to be “cleaned up” and entered into the register. Therefore, we will work to complete this process,” Chebeskov said. Still, taxation is not the only reason for registration. Starting in 2025, Russia has banned crypto mining in certain regions with weaker infrastructure, especially during peak hours. The goal is to reduce the strain on electrical grids. You might also like: Russia to impose regional controls over crypto mining starting Jan 2025 Russia moves to formalize crypto mining Russia legalized crypto mining in 2023 as part of its ongoing effort to tax and regulate the industry. In 2024, the country imposed a 15% tax on cryptocurrency mining profits, based on market value when received. However, it also lifted some taxes, including VAT on crypto purchases. For Russian citizens and businesses, Bitcoin (BTC) mining remains a profitable way to leverage the country’s cheap energy prices. At the same time, low living standards and ongoing sanctions make it a competitive way for both individuals and companies to earn income. Read more: Bitcoin miners in Russia worry about sanctions as government starts collecting wallet addresses
Summary JPMorgan’s JPMD stablecoin on Coinbase’s Base blockchain could revolutionize dollar digitization and boost deposit growth. Jamie Dimon shifted from crypto skeptic to pioneer, positioning JPMorgan as a first mover in stablecoins. Stablecoins may enable foreign investors to enter dollars, expanding JP Morgan’s global client base. Dimon’s eventual retirement poses the biggest risk to JPMorgan’s sustained premium valuation and growth momentum. The "Genius" Act JP Morgan Chase & Co (NYSE: JPM ), is a stock I own but have yet to cover by itself. I've only evaluated the stock when comparing other bank stocks I own up against the other US-based "SIB" (systematically important banks), JP Morgan always pencils out at a premium to the others in the models I use. The bank, however, has some important catalysts lined up, including crypto-stable coins. The new coin, JPMD will build on what JPM coin originally brought to their institutional consumers and allow the general retail population access to their dollar-backed stable coin. CEO Jamie Dimon has kind of done a complete 180 from his initial stance on crypto . He was not a fan at the outset, and stablecoins, to be fair, are not an alternative currency type asset like Bitcoin. Rather, this is a US dollar-backed asset to help digitize the dollar and may in essence further ingrain the US Dollar as the reserve currency of the world. Things are moving fast : JP Morgan Chase & Co. unveiled its plans to debut a so-called deposit token, JPMD, on Tuesday, just one day after a social media post ignited widespread speculation about the digital asset. The U.S. investment bank is expected to transfer an undisclosed amount of JPMD to cryptocurrency exchange Coinbase in the coming days, Naveen Mallela, global co-head of JP Morgan’s blockchain unit Kinexys, said Tuesday in an interview with Bloomberg News. The bank will issue its deposit token on Base, an Ethereum layer-2 blockchain launched by Coinbase. The transfer will be denominated in U.S. dollars. The JPMD coin has been under development since 2023 . The release timing is ideal as it coincides with new US congressional acts surrounding stablecoins. Here are the details: Known as the GENIUS Act, the bill would establish guardrails and consumer protections for stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar. The acronym stands for “Guiding and Establishing National Innovation for U.S. Stablecoins. In addition to banks like JP Morgan, crypto exchanges like Coinbase ( COIN ) are sure to benefit. Let's explore how big of a catalyst this might be. Enhancing the balance sheet The question here in functionality is this, if JP Morgan issues these coins and the buyers use dollars to purchase, will JP Morgan control the reserves and earn interest on the reserves until the cash is needed to be redeemed for another transaction? I would say this is a likely scenario, and the first order of benefit here is creating an even larger deposit base through external sources, like Coinbase. This could really be a growth driver for net interest income. Pulling new clients into the JP Morgan ecosystem If a platform gets new clients used to transact with JPMD, this could be a springboard to cross-sell other products. This could crack the door open to lots of growth possibilities. Again, JPM coin [the JP Morgan crypto iteration for institutional clients], handled on-chain transfers, basically a faster way of wiring money using stablecoins within the JP Morgan banking system. JPMD will aim to expand this storage and transfer functionality to a multi-bank, multi-crypto exchange system. Transaction fees? Still no clarity on transaction fees. While tether seems to have some transaction fees built in behind the scenes, companies like Circle ( CRCL ) with their USDC ( USDC-USD ) stablecoin, just make money on the net interest income. Foreign exchange This, in my opinion, is the big enchilada. Having worked overseas with foreign investors in China, India, the UAE, etc.,... I know their appetites for US Dollars are very large. This was one of the primary roadblocks in fact for foreign investors making any investment abroad, currency controls. We're not used to it here, but many countries have foreign currency controls that disallow individuals to wire outside of their countries X amount of dollars per annum. Here are some examples I know of: China: $50,000/ year/person Nigeria: Very difficult/restricted to government approvals India: $250,000/year Some of the reason is to prevent capital flight. The other reason is the countries themselves lack US Dollar reserves, which the countries may need for trade. They don't want the wealthy population burning through bank reserves of dollars to buy yachts in Miami. Stablecoins are changing the game if they can be accessed anywhere via local crypto exchanges. Singapore, Dubai, and Hong Kong are three popular places for the wealthy to bank in dollars and move money quickly. This stablecoin act may wreak havoc on their banking systems. Switzerland may see some demand drop as well. While foreign crypto exchanges would seem to have to get "white listed" with JP Morgan, I can foresee a flood of applications from foreign exchanges in the pipeline. While the workarounds are not 100% clear right now, I would imagine that everyone is trying to figure it out. USDC, for instance, is accessible on Binance and Kucoin in India from my understanding. Others have laid the groundwork, so JP Morgan can now come in and possibly dominate. The main catalyst to focus on here is JPMD could open up multi-bank and cross-border transactions, a whole new market of quasi-deposits. This is also different than JP Morgan's Kinexys which was simply able to move information on the blockchain. JPMD is designed to move money. Valuation Now that we got this big catalyst out of the way, which, I believe, will have a multi-trillion dollar TAM in terms of new dollar-backed crypto deposits, largely from international inflows, let's look at the valuation. The Graham Number as laid out in the Intelligent Investor is my go-to model for banks. This is the sector that normally has the most reasonable valuations for both earnings and book value, the two key components of the Graham Number. In his book, Graham says an investor should not pay more than the product equivalent of 22.5 when multiplying the P/E ratio X the P/B ratio. You can create a price model by using the following: GRAHAM NUMBER [SQRT 22.5 X EPS X BV]. STOCK FWD 2026 EPS TTM BV GRAHAM NUMBER [SQRT 22.5 X EPS X BV] JP MORGAN 19.51 119.24 228.78 Current discount/premium to Graham Number= 117% of intrinsic value. Compared to the other big retail banks STOCK FWD EPS Estimate TTM BV GRAHAM NUMBER [SQRT 22.5 X EPS X BV] current price JP MORGAN 19.51 119.24 228.78 269.52 CITI ( C ) 9.3 103.9 147.44 77.36 Bank Of ( BAC ) America 4.23 36.39 58.85 44.23 Wells Fargo ( WFC ) 6.56 49.82 85.75 72.5 As we can see, JP Morgan is the only one of these "SIB" banks to trade at a significant premium to its Graham Number. Does JP Morgan deserve the valuation premium? Data by YCharts The first reason for the premium is the bank's EPS growth. Over the last decade, JP Morgan has outpaced the other 3 in this group by a lot. This is a combination of great balance sheet management, avoiding excessive bad loans, and buying back shares. Data by YCharts The return on equity for JP Morgan has also remained well ahead of these other banks, having really taken the lead once Wells Fargo became constrained under the draconian asset cap. Does the Genius Act and JPMD give JP Morgan an edge? In summary, the only reason I would want to own a bank like JP Morgan at such a premium to the others is that it has the following: A superior balance sheet Higher than average/leading EPS growth for its sector Higher than average/leading ROE A new growth catalyst JP Morgan checks all of these boxes. They are expensive, but the premium is warranted. Furthermore, JP Morgan and Goldman Sachs ( GS ) are probably the two most well-known US financial institutions abroad from my experience working with investors. Even though all of the banks can offer stable coins, investors will gravitate to those that are the most household names. I think JP Morgan has brand equity worldwide. Risks To me, the biggest risk with JP Morgan is what happens when CEO Jamie Dimon retires. He said he still has a lot more in the tank : JPMorgan CEO Jamie Dimon said his gig isn’t up at America’s largest bank on Monday, insisting in an exclusive interview with Fox Business that his retirement is “ several years away. ” The bank’s succession planning has been under scrutiny on Wall Street in recent months as Dimon approaches two decades in the top job. “Obviously, it’s always up to God and the board,” the 69-year-old told Maria Bartiromo. At 69, Dimon may be eyeballing retirement at least by the end of this decade, if not sooner. Dimon is one of the best CEOs that the United States has to offer. Losing him would chip away at the premium the bank receives in my opinion. Parting thoughts While JP Morgan is not a strong buy here, it is buyable at this premium due to management and stable coin catalysts.
Avalanche (AVAX) is attracting increased investor interest as Ethereum (ETH) capital flows into its ecosystem, signaling potential market shifts. Despite recent price declines, on-chain activity for AVAX has surged, indicating
Institutional interest in U.S.-based spot Bitcoin exchange-traded funds (ETFs) continues. Bitcoin ETFs continued to see strong investor interest, recording net inflows of $2.4 billion for the eighth day in a row. Wednesday alone saw inflows of $389.5 million. $2.4 Billion Inflows into Bitcoin ETFs in 8 Days: Signals of a Slowdown in Ethereum ETFs BlackRock and Fidelity Continue to Lead BlackRock’s IBIT fund led the way with net inflows of $278.9 million on Wednesday alone, while Fidelity’s FBTC fund raised $104.4 million on the same day. Bitwise’s BITB, Grayscale’s BTC Mini, and Hashdex’s DEFI funds saw inflows of $11.3 million, $10.1 million, and $1.2 million, respectively, while Grayscale’s high-fee GBTC fund stood out with a single net outflow of $16.4 million. In the 8-day period, 96% of total inflows were made to the IBIT fund, which attracted $2.3 billion in investments during this time. The ETF Store President Nate Geraci emphasized institutional interest by saying, “There has been $11.5 billion inflows into spot Bitcoin ETFs so far in 2025. This is the second year. Still no demand?” in a statement on social media platform X. There have been a total of $46.9 billion in net inflows into US spot Bitcoin ETFs since their January 2024 debut, and these funds currently manage approximately $125 billion in assets. On the Ethereum side, there is a calmer picture. Spot Ethereum ETFs saw a total net inflow of $19.1 million on Wednesday. $15.1 million of this inflow was made to BlackRock’s ETHA fund. The slowdown in flows is notable after the 19-day record inflow streak of $1.4 billion for Ethereum ETFs that ended last week. Bitcoin ETFs saw inflows of more than $3.8 billion in the same 19-day period. Total net inflows for Ethereum ETFs currently sit at $3.9 billion. BRN Research Analyst Valentin Fournier commented on the slowdown in institutional interest in Ethereum: “Data suggests institutions maintain a bullish medium-term perspective on crypto, but the catch-up phase in Ethereum appears to be over.” Macro Uncertainties Pressure Market Bitcoin is currently trading at $104,810, down 0.3% in the last 24 hours and 2.5% in the last week, while Ethereum is down 8.3% to $2,527 in the same period. The FOMC was expected to keep interest rates unchanged, but the statement took a more hawkish tone. “Bitcoin is holding above $100,000 but has failed to break resistance levels. A retest of $102,000 support looks likely,” Fournier said. The Long-Term Investment Story is Getting Stronger 21Shares Crypto Investments Expert David Hernandez drew a more optimistic picture: “As confidence in soft landings wanes and global financial imbalances rise, Bitcoin’s scarcity, decentralization, and neutrality make it an increasingly attractive asset for investors grappling with uncertainty.” “Bitcoin has established a permanent foothold above the $100,000 level. Its resilience to geopolitical shocks further solidifies its place in the investment world.” *This is not investment advice. Continue Reading: Institutional Interest in Bitcoin Exchange Traded Funds (ETFs) Continues! Here is the Latest Data
XRP is currently trading at $2.16, quietly coiling beneath the surface as traders brace for a potentially explosive move. According to crypto analyst Gordon, the asset is approaching the edge of a massive technical formation that could soon redefine its trajectory. In a recent post on X, Gordon identified a “monster of a wedge” on XRP’s daily chart and confidently predicted, “When this breaks, it will FLY.” His observation has ignited fresh optimism among XRP holders, many of whom have been patiently waiting for a strong breakout after months of sideways consolidation. A Monster Wedge: Technicals Signal Imminent Breakout The wedge pattern forming on XRP’s daily timeframe is not a minor development. It’s a classic technical structure, characterized by converging trendlines that reflect tightening price action and diminishing volatility. Over time, as the range narrows, the pressure builds, often culminating in a violent breakout once one side of the wedge is breached. Monster of a wedge on the Daily for $XRP . When this breaks it will FLY. Stay ready. pic.twitter.com/favMXVYIWA — Gordon (@AltcoinGordon) June 19, 2025 Gordon’s description of the pattern as a “monster” reflects the scale and duration of the setup. This isn’t a short-term fluctuation, but a long-form structure stretching over weeks, if not months. The longer the price stays within the wedge, the more energy builds for the eventual breakout. With XRP now nearing the apex of the wedge and fluctuating tightly around $2.16, the setup appears nearly complete. Why This Breakout Could Be Explosive What makes wedge breakouts particularly impactful is their tendency to release pent-up momentum. When price escapes the boundaries of a well-defined wedge, especially one formed over a long period, traders often see sudden spikes in volume and acceleration in price. Gordon’s claim that XRP will fly speaks to this dynamic. If XRP breaks above the upper trendline with conviction, it could rapidly push toward key upside targets around $2.70, $3.00, or even $3.61. Technically, the signs are aligning. Moving averages on the daily chart, including the 20-day and 50-day exponential moving averages, are beginning to converge, a classic signal that volatility is about to expand. Meanwhile, trading volume, though not yet spiking, has shown consistent underlying support—another ingredient for a potential breakout. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Legal Context and Market Sentiment Add Fuel Beyond the chart, broader market sentiment and legal developments could amplify XRP’s next move. Ripple’s legal battle with the U.S. Securities and Exchange Commission is now at a crucial stage . The company has submitted a revised filing following a previous procedural rejection, and both Ripple and the SEC now await Judge Analisa Torres’ final decision on whether the injunction on XRP’s institutional sales will be lifted. This looming verdict is keeping traders on edge. A favorable ruling could unleash a surge of institutional confidence, providing the kind of fundamental catalyst that matches the technical breakout Gordon anticipates. Even without a ruling, the expectation alone may act as a tailwind. Additionally, with the broader crypto market showing signs of renewed strength, XRP is positioned to benefit from sector-wide momentum. Should Bitcoin and other major altcoins continue to trend higher, XRP could ride that wave, further fueling a wedge-driven breakout. The Final Countdown XRP’s price compression near $2.16 suggests that the wedge is reaching its breaking point. Whether the breakout comes in a matter of days or weeks, the technical structure Gordon highlighted is impossible to ignore. As the chart tightens and external catalysts loom, traders are closely watching for the moment the wedge gives way. For now, the advice is clear—stay ready. If Gordon is right, XRP won’t just move. It will fly. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Spots Monster Wedge On XRP Daily Chart, Says XRP Will Fly Once This Happens appeared first on Times Tabloid .
As Washington printed trillions, Bitcoin evolved into a global asset class, trusted by nations and corporations, amid growing US debt concerns.
Anthony Scaramucci, founder of SkyBridge Capital, recently expressed confidence in Solana’s (SOL) market potential, suggesting it could eventually surpass Ethereum (ETH) in market capitalization. Despite his cautious stance on Ethereum,
Bitcoin price chart just flashed serious red flag — Here's what it's about