Author: Ibrahim Abdulaziz Adan

JPMorgan plans to offer Bitcoin and Ethereum-backed loans by 2026 as crypto regulations become clearer. The bank’s shift follows strong institutional demand and changing sentiment from CEO Jamie Dimon. More traditional banks like Morgan Stanley are also moving into crypto as Washington softens its stance. JPMorgan, the world’s largest bank, is preparing to offer Bitcoin and Ethereum-backed loans as early as 2026. This marks a major shift from the firm’s earlier stance on crypto. CEO Jamie Dimon, once a vocal critic of Bitcoin, has now signaled a more open position amid growing institutional demand and a favorable U.S. regulatory environment.…

SEC Chair Paul Atkins says Ethereum is not a security and should be treated like Bitcoin. Corporate entities are buying large amounts of ETH as the price rises by over 24 percent in a week. Ethereum ETFs are recording strong inflows despite delays on staking-related approvals. U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins has confirmed that the agency does not consider Ethereum a security. In a CNBC interview, Atkins stated that the SEC “informally” views Ethereum in the same category as Bitcoin, effectively treating both assets as commodities. The clarification comes at a time when institutional interest in…

AVAX has surged 4.21% to $25 and is nearing a key resistance at $26.88, which could trigger an 82% rally. The double-bottom pattern and rising RSI suggest growing bullish momentum in the AVAX market. Avalanche’s DeFi TVL has jumped 37% to $1.89 billion, signaling stronger network activity and user demand. Avalanche (AVAX) has recorded a 4.21% increase in the last 24 hours, pushing its price to $25 as of July 21. This marks its highest price level in two months, placing the token close to a critical resistance zone formed by a double-bottom pattern. The double bottom was established with…

Peter Schiff advised investors to sell Ethereum and buy Bitcoin, saying ETH has limited upside. Ethereum recently surged to $3,700 after strong ETF inflows and corporate purchases. Crypto firms and analysts disagreed with Schiff and backed Ethereum’s long-term potential. Long-time Bitcoin critic Peter Schiff has once again sparked debate in the crypto space, advising investors to consider selling Ethereum (ETH) in favor of Bitcoin (BTC). Despite Ethereum’s recent rally to $3,700, its highest level since January, Schiff maintains that ETH is in a bear market relative to Bitcoin and has limited upside. In a post on X, Schiff stated that…

Strategy plans to raise $500 million through a new IPO offering 5 million shares at $100 each. The funds will support more Bitcoin purchases and cover general working capital. The new STRC stock offers monthly dividends and gives Strategy the right to redeem shares after listing. Strategy has announced plans to raise $500 million through an initial public offering (IPO) of a new class of preferred shares. According to a press release issued on Monday, the company will offer 5 million shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at $100 each. The move is part…

Trump Media now holds $2 billion in Bitcoin and BTC securities, making up two-thirds of its liquid assets. The company also set aside $300 million for Bitcoin-related options that may convert into spot BTC. DJT stock rose over 6% after the news, while the market awaits a U.S. policy update on a Strategic Bitcoin Reserve. Trump Media and Technology Group Corp. has confirmed that it holds nearly $2 billion in Bitcoin and BTC-linked securities, accounting for two-thirds of its liquid assets. The announcement comes as institutional interest in Bitcoin rises and signals the company’s long-term commitment to digital assets. According…

Fed Chair Jerome Powell has been referred to the DOJ by Rep. Anna Paulina Luna for allegedly lying under oath. The accusations involve false claims about the cost and scope of Federal Reserve building renovations. Trump is pushing for a major rate cut, and markets are watching closely as Powell’s position comes under pressure. Federal Reserve Chair Jerome Powell may face a criminal investigation after U.S. Representative Anna Paulina Luna referred him to the Department of Justice. The lawmaker, a known ally of President Donald Trump, accuses Powell of lying under oath during testimony about the Federal Reserve’s Eccles Building…

Ethereum has surged for nine days and could reach $6,800 if it breaks key resistance levels. Technical indicators like the golden cross and cup-and-handle pattern suggest more upside. ETF inflows and futures interest are rising sharply, signaling strong institutional demand. Ethereum is gaining bullish momentum after posting nine consecutive days of gains. ETH’s price has reached its highest level since December 2023 and could push further as several key metrics surge. Analysts now place the next major resistance level at $6,800, contingent on Ethereum breaking above the psychological $5,000 mark. ETH Price Surge Backed by Strong Technical Patterns Ethereum’s upward…

Pi Network’s App Studio has launched over 7,900 dApps within weeks. More than 34,000 users have built apps, supported by features like staking and no-code tools. Community feedback is driving updates as demand for real-world crypto utility grows. Pi Network’s new App Studio has seen explosive adoption, with over 7,900 decentralized applications (dApps) launched in weeks. According to a recent announcement by the project, users, known as Pioneers, have created more than 7,600 chatbot apps and 14,100 custom apps using the platform. Approximately 34,800 individuals have participated in app creation, including unpublished projects. The Pi App Studio was introduced alongside…

Ether Machine is launching with over 400,000 ETH to offer public investors Ethereum yield. Major crypto firms have backed the platform and raised $800 million in funding. It positions ETH as productive digital oil and plans to manage and grow returns actively. A new Ethereum-focused platform, Ether Machine, is entering the public markets with one of the largest ETH capital pools ever seen. Backed by firms including Blockchain.com, Pantera Capital, Kraken, Archetype, and Electric Capital, the company is launching with over $1.6 billion worth of ETH, aiming to become the leading provider of Ethereum-denominated yield for institutional and public market…