JPMorgan ether and altcoin analysts said the tokens won&#8217;t catch bitcoin 
without a major lift in network activity. JPMorgan said ether and the broader 
altcoin market are unlikely to reverse a multi-year underperformance against 
bitcoin without a meaningful pickup in…

JPMorgan ether and altcoin analysts said the tokens won&#8217;t catch bitcoin without a major lift in network activity. JPMorgan said ether and the broader altcoin market are unlikely to reverse a multi-year underperformance against bitcoin without a meaningful pickup in…

JPMorgan ether warning says network boom is the only fix

On-chain data shows USDC exchange inflows have witnessed a spike after the 
latest Bitcoin pullback, a potential sign that traders are looking to buy the 
dip. USDC Exchange Inflows Have Spiked To $350 Million As pointed out by on- 
chain analyst Maartunn in an X post, a notable amount of USDC has hit 
exchanges recently. The indicator of interest here is the &#8220;Exchange Inflow,&#8221; 
which tracks the total number of tokens of a given asset that investors are 
transferring to wallets connected to centralized exchanges. Related Reading: 
Solana Fails Channel Breakout—$78 Support The Next Destination? When the value 
of the metric is high, it means holders are depositing a large amount of the 
cryptocurrency to these platforms. Generally, investors transfer to exchanges 
when they want to trade away their tokens, so this kind of trend can be a sign 
of increased interest in swapping the asset. For volatile cryptocurrencies 
like Bitcoin, this can naturally be a bearish signal for the price. When it 
comes to stablecoins, however, the consequences naturally change. Stablecoins 
are, by nature, &#8216;stable&#8217; in value around whatever fiat currency that they are 
pegged to. As such, trading them away doesn&#8217;t cause their price to go down. 
That said, Stablecoin exchange deposits affect the sector in another way. 
Usually, investors store their capital in the form of these safe-havens when 
they want to avoid the volatility associated with other digital assets. Once 
they feel that the time is right to invest back into BTC and others, they 
transfer their stables to exchanges. This deployment of capital previously 
sitting on the sidelines can naturally act as a boost for the volatile side of 
the market. As the chart shared by Maartunn shows, the Exchange Inflow has 
spiked for USDC recently, a potential sign that this deployment may be in 
action right now. These inflows of the stablecoin have arrived after a 
pullback in the Bitcoin price to levels under $77,000. Considering the timing, 
the deposits could correspond to dip-buying behavior. In total, this spike saw 
$350 million in USDC enter exchanges. This isn&#8217;t an especially massive amount, 
but could still help the market turn around if it&#8217;s only the start of the 
inflows. It only remains to be seen, though, how investor behavior will 
develop in the coming days. Related Reading: Bitcoin Recovery Above Key Cost 
Basis Level Fails As BTC Falls Under $77,000 In related news, the market cap 
of the stablecoins as a whole is currently sitting around an all-time high 
(ATH), according to data from DefiLlama. As displayed in the above graph, the 
stablecoin market cap has been following a gradual uptrend recently, a sign 
that this part of the digital asset sector has been seeing increased interest 
from investors. After the latest continuation to the upward trajectory, the 
metric has hit a value of $323.1 billion. Bitcoin Price Bitcoin has dropped to 
the $76,800 mark following its retrace over the last few days. Featured image 
from Dall-E, chart from TradingView.com

On-chain data shows USDC exchange inflows have witnessed a spike after the latest Bitcoin pullback, a potential sign that traders are looking to buy the dip. USDC Exchange Inflows Have Spiked To $350 Million As pointed out by on- chain analyst Maartunn in an X post, a notable amount of USDC has hit exchanges recently. &#8230;

USDC Exchange Inflows Hit $350M—Traders Buying The Bitcoin Dip?

XRP gained renewed attention after Evernorth highlighted how the crypto asset 
facilitated a tokenized Treasury redemption across Ripple, Mastercard, J.P. 
Morgan’s Kinexys, and Ondo Finance. Ripple, Mastercard, and JPMorgan’s Kinexys 
Linked Through XRP Settlement Flow XRP treasury company Evernorth shared on 
May 18 that the “actual story” behind a recent cross-institutional blockchain 
transaction was the […]

XRP gained renewed attention after Evernorth highlighted how the crypto asset facilitated a tokenized Treasury redemption across Ripple, Mastercard, J.P. Morgan’s Kinexys, and Ondo Finance. Ripple, Mastercard, and JPMorgan’s Kinexys Linked Through XRP Settlement Flow XRP treasury company Evernorth shared on May 18 that the “actual story” behind a recent cross-institutional blockchain transaction was the &#8230;

Evernorth Highlights XRP’s ‘Actual Story’ Beyond JPMorgan Settlement Attention

Solana futures funding turned negative as demand for SOL and its associated 
decentralized exchanges fell. Will traders buy the dip or is $78 next?

Solana futures funding turned negative as demand for SOL and its associated decentralized exchanges fell. Will traders buy the dip or is $78 next?

Solana futures funding rate turns negative: Is $78 SOL next?

Trump ordered federal regulators to review fintech and digital asset rules 
tied to banking and payment system access. The order gives agencies 90 days to 
identify barriers facing fintech firms and digital asset companies. Trump 
Order Targets Digital Asset Access to Payment Rails President Donald Trump 
issued an executive order on May 19 directing federal […]

Trump ordered federal regulators to review fintech and digital asset rules tied to banking and payment system access. The order gives agencies 90 days to identify barriers facing fintech firms and digital asset companies. Trump Order Targets Digital Asset Access to Payment Rails President Donald Trump issued an executive order on May 19 directing federal &#8230;

Trump Executive Order Pushes Digital Assets Toward Fed Payment Access

Robert Kiyosaki said his attorney issued a cease-and-desist notice after 
someone used his name to present investment recommendations. The Rich Dad Poor 
Dad author said he shares his own holdings, including gold, silver, bitcoin, 
ethereum, oil, and cattle, but does not give financial advice. Kiyosaki 
Separates His Holdings From Investment Advice Robert Kiyosaki shared on […]

Robert Kiyosaki said his attorney issued a cease-and-desist notice after someone used his name to present investment recommendations. The Rich Dad Poor Dad author said he shares his own holdings, including gold, silver, bitcoin, ethereum, oil, and cattle, but does not give financial advice. Kiyosaki Separates His Holdings From Investment Advice Robert Kiyosaki shared on &#8230;

JPMorgan ether warning says network boom is the only fix

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