u/rl_rae_bobo

Back then, almost no one was paying attention 🙉

Today? That same 1 BTC a day would be worth more than most annual salaries and mining it now requires industrial scale operations, not a bedroom setup.

Is it not crazy how fast things change ?

JPMorgan Chase has announced its American Dream initiative, which aims to provide $80 billion in financing to small businesses across the United States. According to NS3.AI, the program is designed to support underserved communities, with a particular focus on minority-owned and low-to-moderate income businesses. This initiative is part of the bank's broader effort to promote economic growth and inclusivity in areas that have historically faced financial challenges.

The cryptocurrency market witnessed significant liquidations amounting to $443 million in the past 24 hours. According to ChainCatcher, data from Coinglass reveals that long positions accounted for $275 million of the liquidations, while short positions made up $169 million. Bitcoin long positions saw liquidations of $78.51 million, and short positions experienced $24.23 million in liquidations. Ethereum long positions faced $71.92 million in liquidations, with short positions seeing $22.25 million liquidated.

Drift experienced a significant security breach on Wednesday, resulting in the theft of approximately $285 million in cryptocurrency. According to NS3.AI, the incident was flagged by several firms, including PeckShield. Blockchain data revealed that some of the stolen assets were converted into USDC.

Volatility Shares has introduced six new exchange-traded funds (ETFs) on Wednesday, featuring 2x leveraged funds for Cardano, Stellar and Chainlink. According to NS3.AI, the launch also includes standard futures funds linked to these three cryptocurrencies. This expansion enhances the firm's portfolio of crypto exchange traded products available in the U.S.

U.S. President Donald Trump has indicated the possibility of withdrawing troops from Iran within the next two to three weeks, sparking optimism about the potential end of the conflict. According to Ming Pao, this development led to a rebound in global stock markets, with Asian markets experiencing their largest surge in nearly a year. Japanese, South Korean, and Taiwanese stocks led the gains, while Hong Kong's Hang Seng Index rose by 2% reclaiming the 25,000-point level. The technology index saw its largest increase in over three weeks, and pharmaceutical and automotive stocks were also in demand. However, some investors took the opportunity to sell off their holdings.

The cryptocurrency market experienced varied performance, with the AI sector seeing a decline of 9.84% over the past 24 hours. According to NS3.AI, Ethereum (ETH) showed a modest increase of 0.93%, approaching the $2,100 mark. Meanwhile, the RWA, DePIN, CeFi and Layer2 sectors recorded smaller gains, reflecting a mixed sentiment across different segments of the market.