CryptoBlog n.2322
JPMorgan has turned bullish on the crypto market for 2025, citing factors like Donald Trump's potential return to the presidency, which could support Bitcoin through regulatory changes. The report also highlights the impact of Mt. Gox and Genesis liquidations winding down, the potential reinvestment of funds from FTX bankruptcies, and rising stablecoin market caps.
CryptoBlog n.2321
Montenegrin media ETV reported that Do Kwon, founder of Terraform Labs, allegedly conducted cryptocurrency transactions using his electronic devices while detained in Spuž prison in Montenegro. This has raised concerns about whether local authorities mishandled allowing Kwon access to crypto wallets via his laptops and phones during his detention.
CryptoBlog n.2320
Ripple has launched RLUSD, a stablecoin pegged to the U.S. dollar, aiming to disrupt the market dominated by Tether (USDT) and USD Coin (USDC). Each RLUSD token is 100% backed by U.S. dollar deposits, government bonds, and cash equivalents. RLUSD, will be available globally on platforms including Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA and Bullish.
CryptoBlog n.2319
Telegram is opening an office in Kazakhstan to enhance regulatory compliance. The Kazakh government is collaborating closely with Telegram to swiftly remove illegal content and block unauthorized channels.