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blockonomi.com Big Money Bets on Ethereum: $220M in ETH Bought Amid Price Dip

TLDR: A whale spent over $220M on Ethereum and staked it all through Lido amid price weakness. Accumulation continues even with $5M in unrealized losses, showing long-term conviction. ETH addresses holding 1K–10K tokens added 500K ETH since mid-2024, per CryptoRank. ETH’s bullish flag pattern may target $8K as the macro setup aligns with whale behavior. [...] The post Big Money Bets on Ethereum: $220M in ETH Bought Amid Price Dip appeared first on Blockonomi.

news.bitcoin.com JPMorgan Brings Banking Onchain With Coinbase—JPMD Pilot Goes Live on Base

Wall Street’s digital revolution accelerates as JPMorgan launches JPMD on Base, merging commercial banking with public blockchains to unlock instant institutional liquidity. Wall Street Goes Onchain as JPMorgan Unleashes Game-Changing JPMD Token on Base JPMorgan Chase & Co. revealed on June 17 that it will launch a pilot for JPMD, a digital deposit token representing […]

bitcoinist.com $650M Crypto Fraud Charges Dropped: CEO Acquitted Months After Stabbing Incident

A South Korean court has acquitted Lee Hyung-soo, CEO of crypto investment firm Haru Invest, of criminal fraud charges linked to the alleged mismanagement of investor funds amounting to over $650 million. The decision, issued on Tuesday by the Seoul Southern District Court, comes nearly a year after Haru abruptly froze customer withdrawals and shut […]

news.bitcoin.com Senate Passes Historic Crypto Bill: Sacks Hails Dollar Dominance, Bessent Sees $3.7T Boom

With Senate approval of the GENIUS Act, praised by White House Crypto Czar David Sacks and Treasury Secretary Scott Bessent, stablecoins could unlock trillion-dollar markets and position the U.S. for dominant leadership in digital finance. Senate Clears First Major Crypto Bill: ‘A Truly Historic Moment’ The U.S. Senate has approved the bipartisan Guiding and Establishing […]

news.bitcoin.com XRP ETFs Set to Trigger Wave of Capital as Canada Opens the Crypto Gates

Two XRP ETFs are storming the Toronto Stock Exchange, signaling a powerful leap for crypto in traditional finance as investor access and market momentum skyrocket. XRP ETFs Coming to TSX—Two Issuers, One Date, Massive Market Shift Ahead Evolve Funds Group Inc., a Canadian firm managing $7 billion in assets, announced on June 16 that it […]