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The JPMorgan CEO Jamie Dimon has emphasized that stablecoins might be much more effective in relation to international payments, compared with the existing systems. $USDT , $USDC His remarks are an indication of a significant change in the attitude of the traditional finance to digital assets. As indicated by Dimon, stablecoins have lower transaction friction and settle faster, which is why they are a strong choice of cross-border transfer. This efficiency has the potential of redefining the international payment infrastructure when implementation is persisting. It is also indicative of the growing convergence between large banks and the crypto sector as his claim indicates that more and more payment railways are needed quicker and cheaper. Stablecoins are taking a center stage in that discussion. Altogether, the statements of Dimon support the notion that digital assets and stablecoins, in particular, are on the verge of becoming part of the mainstream of financial integration, and international payments are probably one of the first fields that have to be changed.
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Officially, the SEC has terminated the two-year investigation of $ONDO , which is a significant milestone to Ondo Finance. This decision is seen to remove a huge cloud of uncertainty that had been looming over the project over a long period. Having closed the probe, $ONDO Finance now has a clear way to push its U.S. tokenization without regulatory pressure slowing it down. This may pave the way to the accelerated growth and expansion in the US market. The news is viewed as a big regulatory victory of $ONDO and a good omen to the tokenization industry in general. It also strengthens confidence of projects that are in the quest of compliant real-world asset integrations. All in all, this trend sets ONDO in a better trajectory towards greater growth in the future as it enters the next stage of growth.
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Bitcoin and large altcoins have recently registered an enormous surge in 24-hour trading volumes, and this is an indication of a robust rebound of the market activity. $BTC volumes surged by 103 percent and $ETH surged even higher by 113 percent. #bitcoin #Ethereum #XRP #Solana Solana was also remarkably strong with 129 percent volume spike and $XRP performed better than this group with a 134 percent increase. These upsurge jumps are indications of new interest among the traders and new energy in the market. These steep gains are early warning signs of sentimental change, particularly when several leading assets are correlated. It indicates that liquidity and participation is returning to the crypto space. As the volumes are heating up across the board the question of whether this is the beginning of a new market push now becomes the big question. To a great number of people it seems as though the life has come back.
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$BTC has already positioned above one of the most crucial CME gap zones at between 89,400 and 89,800, and traders are closely watching this area. Such holes can serve as an attractant to price movements, particularly in times of high volatility. This is especially important, as almost 95 percent of all CME gaps were filled within the same week over the last six months. As $BTC is used to doing, a retrace back to this range is a very likely short-term trend. Players in the market are observing keenly whether $BTC will go down to seal this gap before trying another upward leg. This technical aspect may be a significant factor in the future course of BTC.
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In recent days, whale movements around $FF have become more intense as the key holders are pulling out 48.43 million $FF tokens in large volumes of significant exchanges. Arkham reports that the sum of these withdrawals is about $5.49 million and this indicates a significant change in on-chain behavior. This trend of accumulation has been observed in three large stores, Binance Bit get and Gate.io, indicating that big investors are setting up to make a possible subsequent move. The removal of assets by the whales when they are off exchanges is usually an indication of the long-term holding of assets, or planning of a strategic action. The manner in which these withdrawals are being done has drawn the attention of the traders who are closely monitoring the liquidity and market sentiments of $FF . These movements have the potential to affect the supply forces and create hype regarding what could be happening behind the scenes. At present FF has returned to the attention of the market watchers and the upcoming days may show whether this whale activity was the beginning of the new trend.
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