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Jamie Dimon Softens Crypto Stance, Backs Stablecoins and Blockchain
JPMorgan CEO Jamie Dimon signaled a notable shift in his views on digital assets during a CNBC interview on Tuesday, saying he now believes in the utility of stablecoins and sees value in blockchain technology. While Dimon stopped short of endorsing crypto like Bitcoin, his comments reflect a more accommodating stance shaped by growing client demand. “It’s what the customer wants, not what JPMorgan wants,” Dimon stated, emphasizing that the bank’s crypto initiatives are being driven by market demand rather than internal conviction. He acknowledged that all financial innovations carry risk, saying, “There’s never been a new financial product that didn’t entail risk.” JPMorgan has already begun laying the groundwork for broader participation in the digital asset space. In July, Dimon confirmed plans for the bank to experiment with its own deposit coin and expand into stablecoin issuance—moves aimed at gaining a deeper understanding of the ecosystem and becoming proficient in its operation. From Critic to Cautious Participant Dimon’s latest remarks mark a significant departure from his earlier, more hostile stance on the industry. In 2017, he infamously labeled Bitcoin a “fraud,” likening it to the Dutch tulip mania of the 1600s and even threatening to fire JPMorgan traders who dabbled in crypto. By 2018, while he remained critical of Bitcoin and its use in illicit finance , he conceded that blockchain technology might hold legitimate promise. Even as recently as January 2024, at the World Economic Forum, Dimon dismissed Bitcoin as having “no intrinsic value.” In early 2025, he again criticized Bitcoin, linking it to criminal activities such as ransomware and money laundering, though he continued to voice support for the underlying blockchain. This nuanced evolution in perspective appears to mirror the broader trajectory of traditional finance, where institutions initially wary of crypto are gradually embracing certain elements under regulatory scrutiny and customer pressure. JPMorgan Expands Crypto Footprint with Coinbase Deal Reinforcing this strategic pivot, JPMorgan announced on Wednesday a partnership with Coinbase, one of the largest crypto exchanges in the U.S. Starting this fall, Chase credit card holders will be able to purchase digital assets directly via Coinbase, while also gaining the option to redeem their Chase Ultimate Rewards points for USDC, a leading stablecoin. Additionally, according to a report by the Financial Times earlier this month, the banking giant is also exploring Bitcoin-backed lending products . If greenlit, this could position JPMorgan as one of the first major U.S. banks to accept Bitcoin as collateral for loans, with a rollout possibly coming as soon as 2026. Dimon’s change in tone may still surprise crypto purists, but the bank’s accelerating involvement in digital finance suggests that a full embrace of select crypto services is no longer a matter of if—but when. The post Jamie Dimon Softens Crypto Stance, Backs Stablecoins and Blockchain appeared first on TheCoinrise.com .

The Coin Rise 2025-08-01 12:38
Ethereum Investor Ai Yi Faces $1.645 Million Unrealized Loss After Buying at Short-Term Peak
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CoinOtag 2025-08-01 12:35
Ethereum (ETH) Price Prediction for August 2
After a multi-week rally that lifted Ethereum price toward the $4,000 psychological barrier, bears have re-emerged, pressing ETH below key short-term supports. With momentum oscillators pointing lower and rising outflows, Ethereum price today sits at $3,630, teetering near the lower boundary of a key ascending channel. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) On the 4-hour timeframe, Ethereum price action has broken beneath the midline of its rising channel and is now testing the lower boundary near $3,625. The Supertrend has flipped bearish at $3,899, suggesting momentum has shifted to sellers for the first time since mid-July. The -DI line on the DMI indicator has spiked to 30.4 while +DI drops to 11.0, confirming dominant downward pressure. ETH price dynamics (Source: TradingView) The daily chart reveals a broader structural view. After topping out near $3,940 on July 29, Ethereum has slipped back into the $3,600s zone, reacting sharply to supply encountered around the $3,900–$4,000 resistance band. Historical liquidity from the April 2024 range remains intact near this level, adding further headwinds for upsi… The post Ethereum (ETH) Price Prediction for August 2 appeared first on Coin Edition .

Coin Edition 2025-08-01 12:33
DOGE bullish golden cross pattern emerges, but experts believe this crypto may offer greater upside
Dogecoin price is flashing a fresh golden cross after a choppy stretch, and traders are watching how it reacts near nearby levels. At the same time, Remittix is drawing strong attention after raising over $17.9 million from more than 577 million tokens at $0.0895 each, with some calling it a next 100x crypto built for real payments. Dogecoin golden cross and whale demand set the stage Source: TradingView Whales scooped about 310 million DOGE on a dip , while large wallets added roughly $73 million to lift holdings to 72.6 billion. That buying says the Dogecoin price could hold the $0.213 area and push toward $0.250 if momentum improves. A textbook golden cross just printed after DOGE tapped near $0.25 for Wave 1 and pulled back to about $0.22 for Wave 2, lining up with a healthy pattern. Right now near $0.2226, a break of $0.225 would support a short term rebound, and the Dogecoin price path opens toward the $0.3763 Wave 3 target if buyers stay in control. Traders also note a TD Sequential buy on the 4 hour chart, plus a rising trendline that helps the Dogecoin price base. If volume fades and support breaks, the Dogecoin price may revisit lower ranges before any new leg higher. Remittix (RTX): utility first, built for real payments Remittix DeFi project focuses on cross border payouts that feel simple for everyday users. It targets low gas fee crypto transfers, Crypto staking rewards, and a cross chain DeFi project design that helps workers, freelancers, and businesses move money with less friction. The team highlights crypto with real utility, plus a Q3 2025 wallet beta, making it a new altcoin to watch for early stage crypto investment and those who want to buy RTX tokens as part of a best long term crypto investment plan. Here are six reasons it stands out right now: Solving a real world $19T payments problem Direct crypto to bank transfers in 30+ countries Deflationary token model for long term holder value 50% bonus tokens available now for a limited time Business API to help onboard a new wave of liquidity into crypto Wallet beta launches in Q3 2025 Where the smarter upside could come from If whales defend support and price clears $0.225 with stronger volume, the Dogecoin price setup improves into August. But many investors are also rotating toward low cap crypto gems that offer clear usage. With low gas fees, top crypto under $1 positioning, upcoming crypto projects energy, and top crypto to buy now lists, Remittix keeps showing up as a next big altcoin 2025 candidate that could ride the next big crypto launch cycle. Discover the future of PayFi with Remittix by checking out their project here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway The post DOGE bullish golden cross pattern emerges, but experts believe this crypto may offer greater upside appeared first on Invezz

Invezz 2025-08-01 12:31
BTC rebounds after Fed rate decision, Litecoin, Remittix look set to skyrocket
Bitcoin price has climbed back above $118,000 after the US Federal Reserve paused on rate cuts, igniting fresh optimism in the market. The coin bounced from $116K to $118,383 (BTC/USD) within 24 hours, gaining 0.74% and recording its highest level in two days. As Bitcoin regains momentum, other assets like Litecoin and Remittix are attracting serious attention from traders seeking large upside. Remittix in particular, a low-cost Ethereum-based crypto, has already raised over $17.9 million from over 577 million tokens sold at $0.0895 each. Bitcoin price holds firm as traders anticipate new highs After a steep pullback on Wednesday, the Bitcoin price has rebounded quickly, showing resilience in the face of recent macro pressures. Its consistent performance between $117K and $118K while other coins fluctuated heavily, suggests strong holder conviction. ETF inflows are rising, and the Bitcoin price is showing bullish signs, even without rate cuts from the Fed. With the GENIUS Act boosting stablecoin access and daily volume now over $70.3 billion, many investors believe Bitcoin could challenge its all-time high before the month ends. Market analysts predict that if the Bitcoin price holds this trend and avoids heavy selling pressure, it could climb to $150K by the end of 2025. Litecoin eyes breakout as 2017 pattern resurfaces Litecoin is once again on trader watchlists after a rare technical signal emerged. Its Average Directional Index (ADX) just crossed the key 20 mark, echoing the setup before its massive 11,900% surge in 2017. With Litecoin currently trading above $115, it’s showing strength in a volatile market. If Litecoin breaks the $165 resistance within its seven-year symmetrical triangle, analysts believe it could rally toward targets of $225, $325, or even $500. RSI levels are stable between 60 and 64, and a MACD crossover has confirmed growing momentum. The possibility of a Litecoin ETF and increasing institutional interest add to the bullish scenario. LTC needs to maintain support above $105 and push past $115 to continue its upward trajectory. Remittix surges as traders seek undervalued alternatives While Bitcoin price recovers and Litecoin shows breakout signals, many investors are looking beyond the majors for fresh opportunities. Remittix (RTX) , a rising Ethereum-based PayFi project, is gaining momentum thanks to its real-world use case and transparent model. Remittix has raised over $17.9 million, with more than 577 million tokens sold at just $0.0895 each. The project recently announced its beta crypto wallet launch for Q3, which will offer full wallet functionality for crypto users across borders. Why Remittix could be 2025’s best performing token Over $17.9 million raised with strong daily investor inflow Beta wallet launch set for Q3 2025 Early token price still under $0.09, attracting retail buyers Real-world payment utility aimed at freelancers and global users $250,000 giveaway fueling massive awareness With strong fundamentals, growing hype, and a clear development roadmap, Remittix is becoming the go-to low-cap asset for those hunting the next big crypto move in 2025. Discover the future of PayFi with Remittix by checking out their project here: Website: https://remittix.io Socials: https://linktr.ee/remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway The post BTC rebounds after Fed rate decision, Litecoin, Remittix look set to skyrocket appeared first on Invezz

Invezz 2025-08-01 12:30
Four Russian oil tankers stalled off India’s coast
Four oil tankers carrying Russia’s Urals crude are currently stranded off the coast of western India, as local refiners wait for directions from the government following new pressure from President Donald Trump. The vessels—Achilles, Elyte, Destan, and Horae—loaded their cargo in late June, but have yet to dock, with plans disrupted by fresh sanctions and tariff threats out of Washington. According to reporting from Bloomberg , the ships are sitting off Jamnagar, close to Sikka port, which serves Reliance Industries Ltd. and Bharat Petroleum Corp. Ltd. Trump’s White House announced this week that it was slapping new import duties on India in response to its continued purchase of Russian oil. That announcement came after the European Union issued another wave of penalties targeting Russia last month. The administration also warned that further penalties could follow if India doesn’t scale back those oil imports. India orders refiners to find alternatives as Trump escalates Achilles and Elyte, both Aframax-class tankers, were scheduled to discharge at Sikka on August 2 and 3. Each ship can carry around 700,000 barrels, and both loaded cargo at Primorsk and Ust Luga, key Russian export terminals. Both vessels have already been sanctioned by the EU and UK, adding further risk for Indian refiners caught in the middle. Following the announcement from Trump’s administration, New Delhi directed refiners to come up with new plans for sourcing oil. Government officials have asked the companies to share strategies for securing crude from countries not targeted by sanctions. The instruction signals that India is trying to avoid being directly hit by Trump’s unspecified future penalties. Destan and Horae, also Aframaxes, are floating farther from shore with Urals crude in their tanks. They picked up cargo between June 24 and July 1, based on ship-tracking information. Destan, like Achilles and Elyte, is under EU and UK sanctions. It’s expected to reach Sikka soon. Horae, on the other hand, has not been sanctioned by any major Western government. But its destination is still unclear, and the uncertainty surrounding Trump’s evolving position on Russia is forcing all players to stay cautious. Indian officials are watching closely to see if Washington moves to expand its sanctions framework further. The growing concern among refiners stems from Trump’s remarks delivered at the White House on Thursday afternoon. When asked about the situation, Trump said his foreign envoy, Steve Witkoff, would soon be heading to Russia. “He’s going to Russia, believe it or not,” Trump told reporters, revealing the trip publicly for the first time. Witkoff is currently in the Middle East discussing the conflict in Gaza, but Trump said the envoy will shift his focus to Moscow as part of the president’s push to end the war in Ukraine. Witkoff last visited Russia in April, when he held talks with President Vladimir Putin at the Kremlin. Those discussions did not result in any deal. Trump warns of more sanctions, doubts their impact Tensions have since escalated. Trump has grown frustrated with Putin and was blunt when asked about Russia’s latest attacks on Kyiv. “I think it’s disgusting what they’re doing. I think it’s disgusting,” Trump said, referring to missile and drone barrages launched by Moscow this week. He confirmed plans for new sanctions and repeated his earlier threat to impose them if Russia didn’t commit to a peace deal by the end of the week. But he also questioned how effective they would be. “Yeah, we’re going to put sanctions,” Trump said. “I don’t know that sanctions bother him. You know, they know about sanctions. I know better than anybody about sanctions and tariffs and everything else. I don’t know if that has any effect, but we’re going to do it.” The uncertainty around how far Trump is willing to go has left Indian refiners in a holding pattern. The four Russia-linked tankers near India now represent more than 2.8 million barrels of oil waiting for instructions. For now, the cargo remains onboard, and no final decisions have been made. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.

Cryptopolitan 2025-08-01 12:30
Next Crypto to Explode 100x: Mutuum Finance (MUTM) or Dogecoin (DOGE)?
As the summer heat blazes on, all eyes are turning to Mutuum Finance (MUTM) and Dogecoin. Mutuum Finance is in presale phase 6 at $0.035, a 16.17% price hike from the previous phase. The price will rise by 14.29% to $0.04 in phase 7. Investors who enter at this point are guaranteed a 71.43% return on investment at launch at $0.06. Mutuum Finance presale has generated over $13.8 million and has been bought by more than 14700 unique holders. Mutuum Finance could 100x sooner than Dogecoin. Dogecoin (DOGE) Stabilizes Near $0.24 as Bulls Eye a 2x Run Dogecoin is currently trading around $0.24, staying within a firm range after gaining roughly 40% since early June and consolidating above major support in the $0.22–$0.23 zone. Market analysts are watching a bullish double-bottom or golden cross pattern, which could pave the way toward $0.30–$0.35, with some speculative targets reaching $0.40–$0.46 if momentum and volume hold. Resistance around $0.26–$0.27 may prove critical, breaking above it would open the door to wider upside, while failure to do so could keep DOGE trading in a sideways range. As traders balance meme-coin narratives with emerging DeFi opportunities, attention is also being drawn to innovative projects such as Mutuum Finance. Dual Decentralized Lending Mutuum Finance (MUTM) offers a non-custodial asset control and liquidity protocol on decentralized lending. The project features a double-model Peer-to-Contract and Peer-to-Peer lending platform with the aim of achieving flexibility and efficiency. Peer-to-Contract system utilizes the strengths of smart contracts to extend loans with zero human intervention and the smart contracts respond flexibly to the market by suggesting variable interest rates. Peer-to-Peer model replaces middlemen and enables direct communication between lenders and borrowers. The model is very user-friendly for the management of unstable assets like meme coins. Mutuum Finance (MUTM) Phase 6 Presale Mutuum Finance is picking up a lot of steam as its presale phases close rapidly. The project is currently in phase 6 of the presale at $0.035. The price for the subsequent phase will increase by 14.29% to $0.04. Projected to launch at $0.06, phase 6 investors are poised to get a 71.43% return on investment. Demand for investments is increasing with the project already exceeding $13.8 million and already boasting over 14700 token holders. USD-Pegged Stablecoin to be Launched by Mutuum Finance Mutuum Finance is creating a fully collateralized USD-pegged stablecoin on the Ethereum blockchain. The project is also certified by CertiK, an experienced blockchain security firm. Apart from investors’ guarantee of code base integrity and transparency, the auditing process conducted guarantees that the project will in fact create a secure DeFi protocol. The project also launched a $50,000 Bug Bounty Program with CertiK. The four categories of vulnerability to be rewarded are classified as critical, major, minor and low. Community Engagement and Rewards Mutuum Finance (MUTM) is running a $100,000 giveaway , as a token of appreciation to presale buyers. Ten people will be given $10,000 in Mutuum Finance tokens as an appreciation of being part of the early adopters of the project. Mutuum Finance (MUTM) community is growing at a faster rate. The project also rewards its largest holders in the form of a new leaderboard that has been introduced. The top 50 Mutuum Finance holders will be rewarded with bonus tokens. Dogecoin may 2x by 2025, but Mutuum Finance (MUTM) offers a faster path to gains. Now in Phase 6 at $0.035, with launch set at $0.06, investors are locked into a 71.43% ROI. Over $13.8M raised, 14,700+ holders, a CertiK audit, and a $100K giveaway make this DeFi token a clear 100x coin. Join the presale now before the price jumps. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance

Cryptopolitan 2025-08-01 12:30
Analysts Highlight Four Altcoins with August Strength
SOL nears $200 breakout; analysts predict long-term upside to $1,300. SEI targets $0.49 as DeFi activity and support grow steadily. SUI near all-time high, boosted by upgrades and institutional investor interest. Forget the August slump the market has seen in past years as 2025 is shaping up to be a very different story. While the crypto market has been shaky, some altcoins are showing strong signs of bouncing back beneath the surface. With new upgrades, bullish charts, and growing investor attention, a few select tokens could be on the edge of something big this month. AltcoinBuzz has listed four altcoins that are showing promising price action. Solana (SOL) Could Be Gearing Up for a Breakout Solana has been trading in a relatively tight range between $130 and $200 over the past three months. Currently, SOL is priced at $170 and if it breaks through the $200 mark, SOL could make a sharp move higher. Buy the Solana $SOL dip, says the Tom DeMark Sequential indicator! pic.twitter.com/cyE5MR45DY — Ali (@ali_charts) July 30, 2025 Analysts like Ali Martinez are even projecting long-term targets as high as $1,300, thanks to strong ecosystem growth, u… The post Analysts Highlight Four Altcoins with August Strength appeared first on Coin Edition .

Coin Edition 2025-08-01 12:30
El Salvador’s Bitcoin Holdings and Constitutional Changes May Signal Shifts in Political and Economic Landscape
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CoinOtag 2025-08-01 12:29
Is MUTM the next Solana? Analysts target $3 by Q2 2026
Analysts now see echoes of that same growth story in a rising DeFi project— Mutuum Finance (MUTM) . While Solana disrupted Layer-1 infrastructure with raw speed, Mutuum Finance (MUTM) is emerging with a new disruptive element: sustainable real yield at scale. Mutuum Finance (MUTM) is building a utility-first ecosystem. Its smart contract infrastructure is designed for scalability, and it enables users to lend, borrow, and stake with clear and predictable returns. This isn’t about inflated APRs that collapse in bear markets—Mutuum Finance (MUTM) is introducing mechanisms like protocol revenue buybacks, decentralized stablecoin issuance, and a Layer-2 deployment that brings down transaction fees. These components have laid the foundation for a strong price trajectory. With its token still in Phase 6 of presale, priced at $0.035, analysts are forecasting a future price of $3 before Q2 2026. That’s an 85x from current levels. Protocol mechanics that drive adoption What’s attracting serious attention to Mutuum Finance (MUTM) is its upcoming innovative dual-model lending system. The Peer-to-Contract (P2C) mechanism offers a low-risk, passive income path for users who want yield without needing to negotiate terms. For instance, a lender depositing 3 Chainlink (LINK) tokens—currently may then be worth around $42 each—earns approximately 12% APY, translating to about $15 in annual yield. This yield is generated from actual borrowing demand, not speculative incentives, creating a dependable return model. On the borrower side, the same platform allows users to access liquidity without losing asset exposure. A user holding $5,000 worth of USDC can secure a loan of $4,000 at an 80% Loan-to-Value (LTV) ratio. There’s no forced repayment schedule; users repay when it suits them, while automated smart contracts handle liquidation based on a risk-adjusted Stability Factor. This makes Mutuum ideal for long-term holders of blue-chip assets looking to unlock capital. Beyond that, the Peer-to-Peer (P2P) lending system is designed for higher-yield seekers and involves memcoins like FLOKI, TRUMP, and SHIB. It connects borrowers and lenders directly, enabling tailored deals with agreed interest rates and terms. It’s a more hands-on approach but gives participants more flexibility and the potential for outsized returns. Together, these models reflect a DeFi ecosystem that accommodates both risk-averse users and aggressive yield hunters, something that even established protocols often struggle to balance. Tokenomics, presale status & growth engine With utility locked in, attention is turning to the numbers—and they’re pointing up. The project is in Phase 6 of its presale, with the MUTM token priced at $0.035. So far, over 14,700 holders have joined the ecosystem, and 7% of the Phase 6 allocation has already been purchased. The next price jump, set at $0.040 in Phase 7, marks a 15% gain for those who act now. But the real advantage goes to early participants. Investors from Phase 1—when the token was just $0.01—are already sitting on a 250% unrealized gain. At a future $3 price target, that would translate to a 300x return. Even at the current Phase 6 price, the path to $3 means an 85x upside—a clear incentive for newcomers to enter before the presale concludes and exchange listings go live. Those listings are expected to include Binance, KuCoin, and MEXC, positioning the token for serious visibility across global retail and institutional investors. At launch, the listing price will be $0.06, which alone represents a 70% jump from the current $0.035 price. On top of all this, the protocol introduces a smart buy-and-distribute mechanism. Revenue earned from borrower interest is used to buy MUTM tokens from the open market. These are then redistributed to mtTokens stakers in the smart contracts, which represent staked assets in the system. This model creates a consistent demand driver for the token while rewarding long-term participants with increasing value and yield. The project also features a $100,000 giveaway , where ten winners will receive $10,000 worth of MUTM tokens—a bold campaign to grow awareness and reward early believers. A separate $50,000 bug bounty with CertiK reinforces the project’s security-first approach. The audit includes manual code reviews, static analysis, and two key metrics: a Token Scan score of 95 and a Skynet rating of 78. Final words Solana succeeded by solving a core problem of blockchain speed and scalability, and early adopters were rewarded exponentially. Mutuum Finance (MUTM) is on track to replicate that trajectory, this time in the lending and borrowing arena. Its combination of real-world yield, flexible borrowing, and upcoming Layer-2 deployment has already attracted the attention of thousands. As exchange listings approach, the $0.035 presale entry point won’t last much longer. When MUTM goes live at $0.06 and starts climbing, the chance to enter early, just like Solana, it will be gone. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.com Linktree: https://linktr.ee/mutuumfinance The post Is MUTM the next Solana? Analysts target $3 by Q2 2026 appeared first on Invezz

Invezz 2025-08-01 12:29
Ethereum Marks 10 Years With Strong Uptime and Growing Treasury Adoption Potential
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CoinOtag 2025-08-01 12:29
Salvadoran President Nayib Bukele can now run for election indefinitely
El Salvador approved indefinite reelection for president and extended terms to six years, sparking backlash from critics warning of increasing authoritarianism.

CoinTelegraph 2025-08-01 12:26

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