Bitcoin’s rising correlation with stocks is less about investor exuberance and more about eroding trust in the dollar. The real story is not a newfound appetite for risk — it’s a flight from the perceived fragility of the US dollar. Opinion by: Vugar Usi Zade, chief operating officer of Bitget Bitcoin’s price has started to sway with the S&P 500, and a chorus of commentators says this proves crypto has “grown up” and joined the ranks of typical risk assets. That reading misses the deeper melody. The real story is not about investors chasing excitement when both markets lurch in the same direction. It is about eroding faith in the money that prices everything and, by extension, in the policies that govern it. Read more
JPMD may be JPMorgan’s next digital currency. Here’s what the trademark filing reveals about stablecoins, deposit tokens and the GENIUS Act. JPMD is a newly filed trademark by JPMorgan Chase, submitted to the US Trademark Office for crypto-related services between June 15 and 17, 2025. While a filing doesn’t confirm a finished product, it’s often the first public hint that something is in the works. In this case, it plants a flag in the digital currency space — and raises fresh questions about JPMorgan’s broader crypto ambitions. Read more
Too young to be taken seriously, too bold to be ignored. Meet some of the young crypto entrepreneurs fighting to make their mark in crypto. Josh Benaron, founder of Irys, recalls being ridiculed when he tried to raise funds for his crypto venture at 19. For years, hes had to fight to be taken seriously. Before becoming a founder, I struggled to get access to opportunities within crypto. I was introduced to the [chief technology officer] of one of the largest European CEXs, and he practically laughed me out of the room because of my age, Benaron tells Magazine. In general, when you raise money, being young doesnt help, as they associate youth with inexperience and immaturity. Read more
Bitcoin delivers a textbook liquidity grab, while traders eye a potential BTC price showdown with all-time highs next. Key points: Bitcoin performs an anticipated $108,000 liquidity grab as shorts get punished. BTC price targets include a return to all-time highs in the short term. Read more
Ethena Labs and Germany’s BaFin agreed on a 42-day USDe redemption plan, marking the end of a months-long regulatory dispute. Ethena Labs announced on Wednesday that the German Federal Financial Supervisory Authority, BaFin, and Ethena GmbH, the company’s German arm, have agreed on a redemption plan for USDe stablecoin holders. The regulator said it had initiated a 42-day redemption process for stablecoin holders. BaFin said USDe holders will have until Aug. 6 to declare redemption claims directly against Ethena GmbH. The process will be supervised by a special representative appointed by BaFin. After the deadline, Ethena GmbH will be deemed officially wound up within Germany, the European Union and the European Economic Area (EEA). This means that any claims from Aug. 7 onward should be made through the company’s offshore affiliate, Ethena (BVI) Ltd. Read more