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JPMorgan warns yield-bearing stablecoins could create shadow banking risks.
Regulatory loopholes can shift activity to less supervised areas.
CLARITY Act heading to Senate floor.
Strong safeguards needed with innovation.
Big news 🔥
Claude Fable 5 is coming back globally tomorrow.
After good talks with the US government, they added stronger safety checks.
Now available in more countries.
@TwA79 Separate issue, but it shows why large financial institutions remain under intense scrutiny from both regulators and the public. Markets will be watching how banks approach crypto exposure going forward.
JPMorgan warns yield-bearing stablecoins could create shadow banking risks.
Regulatory loopholes can shift activity to less supervised areas.
CLARITY Act heading to Senate floor.
Strong safeguards needed with innovation.
@shreeleelaa Exactly. If yield-bearing stablecoins grow outside traditional oversight, regulators will likely push for tighter frameworks rather than letting shadow banking risks expand.
CFTC investigating Polymarket over staged trades and fake winnings shown to influencers.
Trump Jr.’s 1789 Capital is investor. He is also paid adviser to Kalshi, Polymarket’s rival.
CFTC down to one commissioner, lost quarter staff, marching in lockstep with industry.
Don’t expect consequences.
China facing longest deflation streak in decades.
Property prices sinking, weak demand, industrial overcapacity. If this continues, could export deflation globally. Growth target lowered to 4.5-5%. Lowest since 1991.
This is absolutely crazy.
Bybit $1.5B hack by North Korea's Lazarus group last year. Funds traced to Iran's central bank wallets.
Iran-linked wallets moved over $3.84B since 2019, much tied to IRGC. US sanctioned Nobitex for laundering half of Iran's crypto income.
Bitcoin and Ethereum recovering, yet alts remain dead.
Kospi 6% up, Nikkei 4% up. When will we see such strong moves in crypto? Proper bull run expected by year end. Blow off type. $BTC $ETH
Bitcoin was showing some strength earlier but more dump started again at 58k. Fear clearly visible.
Support 58k-55k. Worst case 45k possible. Keep it in mind.
@JulianVancunu2 Exactly. Liquidity is finding its way into risk assets, but crypto is still waiting for broader capital rotation. BTC leads first, alts usually follow once dominance cools off. Patience is the trade.
Bitcoin is back to 60000$(support 58000$ to 55000$)
Ethereum is back to 1570$(support 1500$ to 1400$)
In worst case scenario Bitcoin can go upto 45000$ and Ethereum 900$ but worst case scenario will also be a time correction so can take months to years, hence, always keep worst case scenario in mind which has a very low probability of execution. $BTC $ETH
Dollar surges to one-year high after Fed’s hawkish meeting.
Warsh’s first decision has traders pricing in rate hikes soon.
Strong jobs numbers helping push it up.
Yen at weakest level in 2 years — Japan ready to intervene.
Insane dollar strength.
For us: Foreign things can become costlier.
No pardon for SBF.
Two senators just warned Trump: "Do NOT pardon Sam Bankman-Fried."
Lummis & Gallego say SBF had his day in court, stole billions from FTX users, and shows zero remorse.
He got 25 years for a reason.
Trump has pardoned other crypto guys... but they say SBF is different.
Will Trump pardon him anyway?