JPMorgan&#8217;s move to public blockchain for tokenized trades signals a shift towards integrating decentralized finance in traditional banking. The post JPMorgan completes first public tokenized treasury trade in partnership with Ondo Finance, Chainlink appeared first on Crypto Briefing.

JPMorgan completes first public tokenized treasury trade in partnership with Ondo Finance, Chainlink

21Shares, a leading cryptocurrency exchange-traded product provider, is 
partnering with Sui to bring the blockchain network’s native token to more 
users. Sui (SUI) and 21Shares have struck a strategic partnership that will 
see the exchange-traded funds issuer help expand SUI&#8217;s…

Sui teams up with 21Shares to expand SUI adoption

Ethereum is gaining momentum again after tagging the $2,739 level and setting 
a new local high, reaching prices not seen since late February. The rally 
marks a strong comeback for ETH, which has been under significant pressure 
earlier this year. Now, bulls appear firmly in control as the broader crypto 
market wakes up and capital flows return to altcoins. Related Reading: Solana 
Network Activity Grows As 11M Wallets Now Hold 0.1 SOL Or More – Analyst 
Analysts are calling for a potential altseason, fueled by Ethereum&#8217;s relative 
strength against Bitcoin and growing investor confidence. As Bitcoin 
consolidates near all-time highs, Ethereum has taken the opportunity to 
outperform, pushing up through key resistance levels with conviction. 
Supporting this narrative, data from Sentora (formerly IntoTheBlock) reveals 
that $1.2 billion worth of ETH has been withdrawn from centralized exchanges 
over the past seven days. This sustained trend of net outflows suggests 
continued accumulation and reduced sell-side pressure, both strong signals for 
long-term bullish momentum. With price action heating up and investor 
sentiment shifting, Ethereum could be preparing for a major breakout. If bulls 
maintain control, the $3,000–$3,100 region may be tested in the coming days as 
the next major resistance zone. All eyes are now on ETH as the altcoin market 
shows signs of life. Ethereum Builds Momentum As Exchange Outflows Signal 
Accumulation Ethereum is trading above critical levels as speculation of a 
sustained rally continues to grow. After weeks of sluggish movement, ETH has 
roared back to life, gaining over 50% in value since last week. This sharp 
move to the upside has reignited hopes for an altseason, with many analysts 
viewing Ethereum’s breakout as the potential trigger for broader altcoin 
market strength. Ethereum is now holding firmly above the $2,600 mark, a level 
that had acted as strong resistance for months. This breakout, coupled with 
increasing momentum against Bitcoin, suggests bulls are regaining control. 
Traders are closely watching the next major resistance zone between $2,900 and 
$3,100, which could serve as a key test for Ethereum’s uptrend. Adding to the 
bullish case, data from Sentora reveals that $1.2 billion worth of ETH has 
been withdrawn from centralized exchanges over the past 7 days. This trend has 
intensified since early May, pointing to increased investor accumulation and 
reduced sell-side pressure. Large exchange outflows are often seen as a sign 
that holders intend to store ETH off-exchange, decreasing immediate supply and 
supporting upward price movement. With market sentiment turning bullish and 
Ethereum leading the charge, all eyes are now on whether ETH can maintain its 
momentum and drive the altcoin market into a new growth phase. If accumulation 
trends persist and bulls hold key levels, Ethereum’s path toward $3,100 could 
open the door to a broader market rally. Related Reading: XRP Open Interest 
Surges 41% As Speculation Grows – Over $1B Added In Just One Week Price Action 
Details: ETH Testing Key Levels Ethereum’s weekly chart shows a powerful 
breakout after weeks of bearish pressure, with ETH now trading around 
$2,599.14. The recent surge pushed the price above both the 200-week EMA 
($2,259.65) and the 200-week SMA ($2,451.55), two critical long-term trend 
indicators. Reclaiming these levels signals renewed bullish momentum and a 
strong shift in sentiment. The breakout candle itself is one of the largest 
weekly green candles in over a year, reflecting a sharp influx of buyer 
interest and potentially marking a key reversal point after months of 
downside. Notably, this move brings ETH to levels not seen since February, 
with the local high for the week reaching $2,739.05. Volume has increased 
significantly during this move, confirming the strength behind the rally. 
However, Ethereum now faces overhead resistance near $2,800–$2,900, a zone 
that previously acted as support during early 2024 before the breakdown. If 
bulls maintain momentum and close this week above $2,600, it could open the 
door for a test of the $3,100 resistance zone. Related Reading: Ethereum Hits 
Major Level After Biggest Weekly Candle In Years – What Comes Next? On the 
downside, the key support to watch is around $2,450, aligned with the 200-week 
SMA. A failure to hold that level could invite a retest of $2,250. For now, 
the trend is bullish, but follow-through next week will be crucial. Featured 
image from Dall-E, chart from TradingView

$1.2B In Ethereum Withdrawn From CEXs – Strong Accumulation Signal

Atlanta-based firm Bitpay has introduced HODL Pay, enabling users to borrow 
stablecoins against cryptocurrency holdings for payments without liquidating 
assets. The service integrates decentralized finance (DeFi) protocols with 
Bitpay’s merchant network. Crypto Users Can Now Borrow Stablecoins via 
Bitpay’s HODL Pay In a message shared with Bitcoin.com News, Bitpay explained 
that in order to use […]

Bitpay Launches HODL Pay to Enable Crypto-Backed Stablecoin Spending

FLOKI has flipped its 200-day moving average into support, marking a 
significant trend reversal. Price is now correcting into a confluence of 
technical levels, setting the stage for a potential explosive move higher. 
After weeks of upward momentum, Floki (FLOKI)…

FLOKI price eyes bullish continuation as correction targets major support zone

Zerebro developer Jeffy Yu has been found alive at his parents&#8217; home in San 
Francisco, days after faking his suicide on a livestream that launched a 
supposed posthumous memecoin past $100 million.
Yu&#8217;s case isn&#8217;t the first time crypto has blurred the line between real death, 
faked death and something in between.
From missing founders to sealed caskets, the industry has a long history of 
exits that left behind more questions than closure.
Here are five unsettling cases &#8212; real, staged or unresolved &#8212; that continue 
to haunt the crypto world.
## 1\. Jeffy Yu faked his death, then his crypto pumped
A clip of Yu broadcasting his &#8220;suicide&#8221; circulated on May 4. The video showed 
him smoking a cigarette before pulling the trigger, then the camera dropped.
Hours later, a scheduled social media post announced the posthumous launch of 
LLJEFFY, a memecoin described as his &#8220;final art piece.&#8221; The coin surged to 
nearly $105 million in market cap.
_LLJEFFY &#8216;s market fell to $5.63 million from its $105 million peak. Source: 
__DEX Screener_
But Yu wasn&#8217;t dead. Blockchain wallets tied to him kept moving. A copy of a 
letter &#8212; allegedly written by Yu &#8212; described the exit design as a response 
to ongoing harassment and blackmail.
_Yu &#8216;s obituary on online memorial site Legacy.com has now been removed. 
Source: __Vee/Legacy.com_
Reporters from The San Francisco Standard eventually found Yu at his parents&#8217; 
home. He refused to comment on the suicide stunt or whether he profited from 
it.
In the world of memecoins, this kind of spectacle isn&#8217;t new. In late 2024, 
Pump.fun&#8217;s livestream feature triggered a wave of stunts &#8212; suicide threats, 
animal abuse and other shocking acts &#8212; to pump token prices. The company shut 
it down and later relaunched a toned-down version.
## 2\. A crypto whistleblower&#8217;s descent into paranoia and possible death
In February 2025, a suspected Chinese programmer who called themselves Hu 
Lezhi burned 500 Ether (ETH) (worth around $1.3 million at the time) and 
donated another 1,950 ETH (over $5 million) to various groups like WikiLeaks 
and the Ethereum Foundation.
All of it came with onchain messages alleging that a hedge fund called 
WizardQuant (aka Kuande Investment) was using &#8220;brain-computer weapons&#8221; to 
control its employees &#8212; including Hu.
_**Related:**__**4chan rises from the dead: How the imageboard moves crypto 
markets**_
The messages read like sci-fi horror. Hu claimed he&#8217;d been a mind-control test 
subject since childhood and warned of a future where humans were nothing more 
than &#8220;puppets or complete slaves to the digital machine.&#8221;
_Hu Lezhi &#8216;s final messages before disappearing. Source: __Etherscan_
In one of his last messages, Hu said they would &#8220;leave the world&#8221; if they 
reached the final stage of becoming a &#8220;complete slave to the digital machine.&#8221; 
Some translated the series of messages as an onchain suicide note.
To date, they haven&#8217;t re-emerged. And unlike Yu, Hu&#8217;s wallet hasn&#8217;t moved.
## 3\. The crypto whiz and the cryptic tweet before his death
On Oct. 28, 2022, DeFi developer Nikolai Mushegian posted a chilling tweet: 
&#8220;CIA and Mossad and pedo elite are running some kind of sex trafficking 
entrapment blackmail ring… they are going to torture me to death.&#8221;
By the next morning, he was found face-down in the surf near his beach house 
in Puerto Rico.
_A final tweet, a washed-up body, and silence louder than truth. 
Source:__Nikolai Mushegian/fucnti0nZer0_
Mushegian wasn&#8217;t a random crypto kid. He was an early developer at MakerDAO 
and a key architect of the stablecoin ecosystem.
He was also increasingly paranoid &#8212; or, depending on who you ask, 
increasingly aware. Critics dismissed the tweet as a mental health crisis, but 
others weren&#8217;t so quick to look away.
_**Related:**__**8 major crypto firms announce US expansion this year**_
The timing of his death sparked a wave of theories: assassination, targeted 
silencing or even MKUltra-style mind control.
Officially, it was ruled an accidental drowning.
## 4\. Crypto investors can&#8217;t believe QuadrigaCX founder&#8217;s death
In December 2018, Gerald Cotten, the 30-year-old founder of Canadian crypto 
exchange QuadrigaCX, reportedly died in India from Crohn&#8217;s disease.
But there was one massive problem: He was the only person with access to $190 
million in crypto.
_Cotten &#8216;s case was so high-profile that it became the subject of a Netflix 
documentary. Source: __Netflix/YouTube_
As news of his death spread, so did the questions. There was no public 
autopsy, his death certificate misspelled his name (spelling Cotten as 
Cottan), the casket was sealed, and a growing army of investors wanted his 
body exhumed for DNA testing.
Quadriga officially declared bankruptcy in 2019. Thousands of clients were 
locked out of their funds. Eventually, investigators discovered the cold 
wallets were empty, prompting auditor EY to begin recovery efforts.
Some suspected Cotten had run a Ponzi scheme for years and used his death as 
the ultimate escape plan. The rumors have not been confirmed, but the official 
story remains that he died a tragic death, as confirmed by Indian authorities.
## 5\. Reports of Cryptoqueen&#8217;s death are greatly exaggerated
Self-styled &#8220;Cryptoqueen&#8221; Ruja Ignatova, co-founder of the $4-billion OneCoin 
scam, hasn&#8217;t been seen since she boarded a Ryanair flight from Sofia to Athens 
in October 2017.
Cotten left no access. Ignatova left no trace.
Since then, rumors have swirled. Some say that she underwent plastic surgery 
and lives under a new identity or that she&#8217;s being protected by the Bulgarian 
mafia.
A Bulgarian investigative outlet claims Ignatova was allegedly murdered in 
November 2018 on a yacht in the Ionian Sea and that her body was dismembered 
and dumped overboard under the orders of Bulgarian crime boss Christophoros 
Amanatidis to cover his ties to OneCoin.
More recently, German officials reportedly assumed that Ignatova is in a South 
African suburb living with private security.
Ignatova has been on the US FBI&#8217;s 10 Most Wanted list since 2022.
_ The US Federal Bureau of Investigation raised Ignatova&#8217;s bounty to $5 
million in June 2024. Source: __FBI_
 _**Magazine:**__**10 crypto theories that missed as badly as &#8216;Peter Todd is 
Satoshi&#8217;**_