💰 ETH Hits Highs, But Is It Time to Switch to BTC?

📰 News

🚨 JPMorgan Explores Bitcoin, Ethereum-backed Loans in Jamie Dimon’s 180-degree Shift

JPMorgan’s Bitcoin and Ethereum-backed Loans to Go Live Soon

The latest report from Financial Times, noted that the largest global bank could start offering Bitcoin, Ethereum-backed loans as early as 2026. However, sources familiar with the matter also stated that plans of lending against crypto assets are subject to change. This pivot comes soon after the Market Structure Act aka CLARITY Act came into effect last week, thereby introducing clear crypto regulations.

Further, top crypto assets are gaining familiarity among traditional banking and financial institutions, with top asset managers like BlackRock, Fidelity introducing key investment products.

A source familiar with the matter said Dimon’s early remarks on Bitcoin, including his threat to fire any trader dealing in it, resulted in loss of business by alienating potential clients. As institutional conviction in crypto grows, JPMorgan has no option but to pivot. Much recently, banking chief Jamie Dimon has also softened his tone on crypto. In May, Dimon said:

“I don’t think you should smoke, but I defend your right to smoke. I defend your right to buy bitcoin. Go at it”.

Key Takeaways:

• JPMorgan may start offering Bitcoin and Ethereum-backed loans by 2026.

• Plans for crypto-backed lending remain tentative and could change.

• The CLARITY Act has opened doors for traditional banks to explore crypto.

• Bitcoin and Ethereum are gaining traction with major financial institutions.

• Past anti-crypto views reportedly cost JPMorgan business opportunities.

• Jamie Dimon has softened his stance, now supporting the right to buy Bitcoin.

🚀 Peter Schiff Advises Selling Ethereum for Bitcoin as ETH Hits Six-Month High

Peter Schiff Warns of Ethereum Weakness as Price Reaches $3,700

In a recent X post, Peter Schiff stated that Ethereum is in a bear market relative to Bitcoin and suggested it only experienced a short-lived bear market rally. He emphasized that Ether is trading near the upper end of its range, implying limited upside.

According to Schiff, this is an opportune time to exit Ether positions. He maintained that Bitcoin is a better trade than ETH under current conditions.

When questioned about the reasons for his view, Peter Schiff responded in a separate X post that his opinion is based on chart patterns, not personal bias. He noted that while he remains skeptical of both assets, Ethereum has faced more competition regarding its narrative and use case.

This, in his view, weakens its long-term position relative to Bitcoin. Peter Schiff’s comments come at a time when Ethereum has seen strong price performance. His statement comes as the Ethereum price surged to as high as $3,800 over the past few days, its highest level since January.

The rally has been fueled by record inflows into spot Ethereum ETFs and rising institutional interest. ETH climbed around 25% over the previous week and nearly 7% in the last year.

Corporate treasury activity also supported the move. Public companies like BitMine and SharpLink added large amounts of Ether to their balance sheets.

Key Takeaways:

• Schiff warns ETH is in a bear market and sees limited upside near current levels.

• Suggests selling ETH, favoring Bitcoin as the better trade.

• Says ETH's narrative is weaker due to rising competition.

• ETH hits $3,800, boosted by ETF inflows and institutional interest.

• Companies like BitMine, SharpLink add ETH to their treasuries.

💸 Turn $100 into $400 with Real Bitcoin Mining — No rigs, no stress, just passive profits on autopilot ⚡🟠

Why Most Miss Out on Bitcoin Mining — And How BitFrac Levels the Playing Field

The Problem:
– $50K+ setup keeps most out
– No tech know-how? You’re blocked
– High electricity = low returns
– Hardware gets outdated fast
– It’s work, not passive income

BitFrac’s Fix:
– Start with just $100
– Fully automated & hands-free
– 70% cheaper energy costs
– Hardware upgrades from your earnings
– Monthly BTC payouts to your wallet

No rigs. No stress. Just real, passive Bitcoin mining. Click HERE to know more.

📊 Markets

🚀 XRP Ledger (XRPL) Sees 2,260% Surge in Tokenized RWAs, Driven by Growing Institutional Demand

Tokenized RWAs Hit New Milestone On XRPL Ecosystem

The value of tokenised real-world assets (RWAs) on XRPL jumped from $5 million in January to over $118 million today, a 2,260% increase in just six months, according to a recent report by Token Relations and Ripple. More major institutions are becoming interested in tokenizing assets like U.S. Treasuries and real estate on the XRPL.

Beyond RWAs, the XRPL network is growing its decentralized finance (DeFi) offerings. The total value locked in DeFi has increased by 57%, reaching $86.66 million. The rise in the use of stablecoins and trading on decentralized exchanges (DEX) has led to an increase in daily transactions, which now average 1.77 million. XRPL offers very low median fees of around $0.000037, making it a great choice for frequent payments.

“Notably, the XRPL stablecoin ecosystem has grown quickly this year with the introduction of new offerings. RLUSD now has a market capitalization of over $65 million, alongside Circle’s USDC. These changes show that XRPL is expanding beyond just payments to support tokenized financial assets and institutional DeFi”.

XRPL has a strong network with over 900 nodes worldwide, more than 170 active validator nodes that help maintain consensus. Ripple manages only about 1% of these validators, yet the network stays decentralized and meets the high demands of enterprise transactions. It offers transaction fees under a cent and can handle more than 1,000 transactions every second.

Key Takeaways:

• RWA Surge: Tokenized real-world assets on XRPL soared 2,260% — from $5M in Jan to $118M in 6 months.

• DeFi Growth: XRPL DeFi TVL rose 57% to $86.66M.

• Daily Activity: Avg. 1.77M daily transactions with ultra-low fees ($0.000037).

• Stablecoin Rise: RLUSD hits $65M market cap; USDC adoption grows.

• Scalable & Decentralized: 900+ nodes, 170+ validators, only 1% managed by Ripple.

• High Performance: Supports 1,000+ TPS, ideal for institutional use.

🐶 BitOrigin Begins $500M Dogecoin Treasury With 40.5M Buy, Analysts Predict Fresh Bull Cycle

Analysts Eye New DOGE Cycle Amid Treasury Plans

BitOrigin’s DOGE move has prompted a swift response from market observers. Some traders see Technical signals as indicating potential for additional gains. On its daily chart, Dogecoin recently broke through a long-standing resistance level. The RSI indicator maintained its momentum without displaying bearish divergence.

As market confidence is increased by interest from institutional buyers like BitOrigin, well-known cryptocurrency analyst GalaxyBTC pointed to the early phases of what may be a new DOGE cycle.

Trader Alan, known online as Trader Tardigrade, highlighted that even if DOGE pulls back to retest support near $0.25, this could set the stage for a healthy rally targeting $0.31 or even $0.42.

Key Takeaways:

• Resistance Breakout: Dogecoin just broke a long-standing resistance level, signaling bullish momentum.

• RSI Strength: RSI shows no bearish divergence, suggesting the rally could continue.

• Institutional Boost: BitOrigin’s $500M DOGE treasury plan is boosting market confidence.

• New Cycle Alert: Analyst GalaxyBTC believes this could mark the beginning of a new DOGE cycle.

• Healthy Pullback Possible: Trader Tardigrade sees a potential dip to $0.25 as a setup for rallies to $0.31 or $0.42.