The surging borrowing rates in the Ethereum network may send “ripple effects across the Ethereum ecosystem,” says a crypto researcher.

Ether vulnerable as ‘meaningful unwinding’ on horizon — Analyst

JPMorgan strategists say stablecoins and tokenized real-world assets are 
becoming increasingly intertwined with traditional finance, according to a 
Bloomberg report. JPMorgan Flags Stablecoin Growth, Warns Against Overhype A 
growing convergence between digital assets and traditional finance is 
underway, JPMorgan strategists noted this week, highlighting two major 
developments: the integration of stablecoins into mainstream financial systems 
[…]

JPMorgan: Stablecoins Processed $27T in 2024, Now Entering TradFi

On Friday at 4:30 p.m. Eastern, Galaxy Digital—a firm specializing in digital 
assets and data center infrastructure—announced in a press release that it had 
carried out one of the largest bitcoin moves linked to an early bitcoin holder 
by “completing the sale of more than 80,000 bitcoin.” Market Shrugs Off 
Galaxy’s Massive 80,000 BTC Sale […]

Galaxy Digital Sells $9B in Vintage Bitcoin Without Rocking the Market

Christie’s International Real Estate has debuted the first major U.S. 
brokerage division focused exclusively on cryptocurrency-based home sales, The 
New York Times (NYT) reported. U.S. Brokerage Christie’s Pioneers Crypto Home 
Purchases Spearheaded by Aaron Kirman in Los Angeles, the division enables 
homebuyers to skip banks entirely by paying with digital currency, according 
to a report […]

Christie’s Launches First Major US Crypto Real Estate Division: Report

A federal prosecutor let slip that the Department of Justice is still mulling 
charges against Dragonfly’s Tom Schmidt, before promptly asking the court to 
seal the comment.

DOJ leaves door open to charge VC partner in Tornado Cash case

At last check Friday, Fartcoin — a meme-based cryptocurrency launched in 
October 2024 on the Solana blockchain — hovered at around $1.31, down 7.1% for 
the day. It was rejected sharply from the $1.64 resistance, triggering a 
corrective move. With…