Tom Lee Spots a Big Ethereum Signal in JPMorgan’s Tokenization Push| US Crypto News
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee, because Wall Street has just sent another signal that crypto’s future is becoming increasingly institutional. As JPMorgan moves a core financial product on-chain, market watchers are wondering whether this is merely experimentation or a deeper shift toward Ethereum as an economic infrastructure. Crypto News of the Day: JPMorgan Takes Money Markets On-Chain with Ethereum-Powered Fund JPMorgan Chase has taken another decisive step into blockchain-based finance, launching its first tokenized money market fund on the Ethereum network. According to reporting by WSJ, the banking giant’s $4 trillion asset-management arm has rolled out the My OnChain Net Yield Fund, or MONY. It is a private money market fund deployed on Ethereum and supported by JPMorgan’s tokenization platform, Kinexys Digital Assets. The bank will seed the fund with $100 million of its own capital before opening it to outside investors, signaling strong internal conviction in tokenized financial products. MONY is structured for institutional and high-net-worth participation only. It is open to qualified investors, including individuals with at least $5 million in investable assets and institutions with a minimum of $25 million, as well as a $1 million investment minimum. Investors receive digital tokens representing their fund interests, bringing traditional money-market exposure onto blockchain rails while preserving familiar yield dynamics. According to the report, JPMorgan executives attribute client demand as the driving force behind the launch. “There is a massive amount of interest from clients around tokenization,” read an excerpt in the report, citing John Donohue, head of global liquidity at JPMorgan Asset Management. He added that the firm expects to be a leader in the space by offering blockchain-based equivalents to traditional money-market products. The launch comes amid accelerating momentum for tokenized assets on Wall Street, following the passage of the GENIUS Act earlier this year. The legislation established a US regulatory framework for stablecoins and is widely viewed as a catalyst for broader tokenization efforts across funds, bonds, and real-world assets. Since then, major financial institutions have moved quickly to explore blockchain as core market infrastructure rather than a peripheral experiment. For Ethereum, JPMorgan’s decision to deploy MONY on its network is being read as a meaningful institutional endorsement. Fundstrat co-founder Tom Lee reacted to the news by calling it “bullish for ETH.” This comment highlights how products like MONY expand Ethereum’s real-world utility through transaction activity, smart contract execution, and deeper integration into global finance. Crypto commentators echoed the sentiment, with some arguing that Ethereum’s role as the settlement layer for regulated financial products is becoming increasingly difficult to ignore. JPMorgan vs. BlackRock: Tokenized Money Market Funds Signal a New Era in Finance JPMorgan’s move also invites comparisons with BlackRock’s tokenized money market fund, BUIDL, which has grown to roughly $1.83 billion in assets under management, according to public blockchain data. Like MONY, BUIDL invests in short-term US Treasuries, repurchase agreements, and cash equivalents. However, it follows a multi-chain strategy and is administered through a different tokenization partner. Together, the two funds highlight a broader trend that traditional finance (TradFi) firms are converging on blockchain to modernize low-risk, yield-bearing products. More broadly, analysts view tokenization as a means for traditional money market funds to remain competitive with stablecoins, while unlocking new use cases such as on-chain settlement, programmability, and enhanced transferability. JPMorgan has already experimented with tokenized deposits, private equity funds, and institutional payment tokens, suggesting that MONY is part of a longer-term strategy rather than a standalone pilot. As regulatory clarity improves and institutional participation deepens, JPMorgan’s Ethereum-based fund reinforces the narrative that blockchain, once seen as niche, is steadily becoming an integral part of the operating system of modern finance. For Ethereum, that shift may prove to be one of the most consequential signals yet. Chart of the Day Here’s a summary of more US crypto news to follow today: Russell 2000 sets new highs, rekindling a familiar Bitcoin pattern. One critical XRP price level surfaces — Holding it could trigger a 9% bounce. Top 3 price predictions: Bitcoin, gold, and silver signal a high-stakes turning point. What does the stock–crypto investor divide signal for the future? Base creator Jesse Pollak sparks backlash by endorsing Soulja Boy–linked meme token. Bitcoin loses whale support? Yet history shows the price can still rise. Yuan at 14-month high as Fed-BOJ-PBOC split — crypto impact. Coinbase CLO Paul Grewal: NYT’s SEC crypto story admits no impropriety—So why the headline? Crypto Equities Pre-Market Overview CompanyAt the Close of December 12Pre-Market OverviewStrategy (MSTR)$176.45$176.75 (+0.17%)Coinbase (COIN)$267.46$268.40 (+0.35%)Galaxy Digital Holdings (GLXY)$26.75$26.75 (0.00%)MARA Holdings (MARA)$11.52$11.56 (+0.35%)Riot Platforms (RIOT)$15.30$15.31 (+0.065%)Core Scientific (CORZ)$16.53$16.65 (+0.73%) Crypto equities market open race: Google Finance $ETH $BTC
XRP is showing clear weakness across the higher timeframes. On the daily and 4H charts, price is trading below all major EMAs, which confirms a strong bearish trend. The 1H chart has now aligned with this bearish structure, giving a clean short opportunity.
Selling momentum is increasing. The 1H RSI is deeply oversold at 22.7, showing strong seller control. The plan is to wait for a small bounce on the 15M RSI, and if that bounce fails below 50, it confirms rejection and offers a good short entry. Price structure is breaking down right now.
$AT is showing a short stair‑step bounce — price ~0.0924, sitting at the 7/25‑hour MAs (~0.0925 / 0.0924) but still below the 99‑hour MA (~0.1015), so the setup is mixed‑to‑cautiously bullish. A clear break above ~0.1015–0.105 (99‑hour resistance) would open room toward ~0.11–0.13 (prior high ~0.1312). Immediate support sits near ~0.091–0.089 with the swing low ~0.0890 as stronger support. Volume showed large isolated spikes earlier but is moderate now; bullish continuation needs a decisive move and follow‑through above the 99‑hour MA.
Guys, $XRP XRP looks strong for a long position right now 🔥
$XRP is holding the key $2.00 support level very well. The price has successfully retested this psychological and technical zone, showing strong buyer support. From this base, momentum is building for the next upward move.
The $2.00 area is acting as solid support for XRP. This zone looks ideal for accumulation with an excellent risk-to-reward ratio. You can enter with confidence and aim to hold the trade toward the next major resistance levels
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$FF is cooling off a bit after its recent move up. The price is around 0.1114, trading below the 7-, 25-, and 99-hour MAs (roughly 0.1121 / 0.1149 / 0.1139), which gives the chart a slightly bearish tone for now.
If the price can push back above the 0.114–0.116 zone, especially reclaiming the 99-hour MA, then momentum could shift upward again, opening the door toward 0.118–0.122, with the previous high near 0.1227 acting as the next key level.
On the downside, immediate support sits around 0.110–0.108, with the swing low near 0.1070 acting as the stronger line of defense.
Volume during the pullback has leaned more toward selling, so for bulls to regain control, we’d need to see a clean break above the 99-hour MA followed by solid buy volume.$BNB
I had warned you repeatedly about $ETH, and now it's pumping! $ETH has indeed broken out from the 3126 zone and surged past 3380+. Buyers are dominating the market, and momentum remains strong for further upward movement. Entry: 3126 TP1: 3,420 TP2: 3,485 TP3: 3,560 SL: 3080 🚀📈 $BTC
3 Altcoins That Can Hit All-Time Highs Before Christmas
The Holiday Season is near its peak as Christmas is about two weeks away, and naturally, this bullish moment will likely drive crypto assets’ value higher. Many crypto tokens are also nearing their peak and could reach it in this duration. In line with the same, BeInCrypto has analysed three such altcoins which could hit new all-time highs before Christmas 2025. Rain (RAIN) RAIN is trading at $0.0075, sitting 14.3% below its all-time high of $0.0086. The token will likely need stronger support from the broader market to retest this peak, as recent momentum alone may not be sufficient to trigger a decisive breakout. The Parabolic SAR indicates an active uptrend, signaling that bullish momentum is building. If RAIN can breach $0.0079 and flip it into support, it could accelerate buying interest and push the price toward its all-time high. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. However, if investors take profits or market conditions weaken, RAIN could slip through the $0.0074 support. A breakdown below this level may send the price to $0.0068 or lower. This would invalidate the bullish thesis and stall recovery efforts. Undead Games (UDS) UDS is trading at $2.54, positioned just below the $2.59 resistance level. The altcoin remains 35.6% below its all-time high of $3.44. This leaves considerable ground to cover before a full recovery can take shape. The Ichimoku Cloud signals strengthening bullish momentum, suggesting the UDS could break above $2.59 soon. A successful move past this barrier may push the price to $2.73 and set up a climb toward the psychological $3.00 mark if broader market conditions remain supportive. However, if bearish pressure returns, UDS could fall through the $2.48 support level. Losing this floor may send the altcoin toward $2.29, and a further drop to $2.12 would invalidate the bullish thesis and weaken recovery prospects. Monero (XMR) XMR is trading at $397, holding above the $387 support while pushing toward the $417 resistance. The privacy token sits 18.4% below its all-time high of $471, leaving room for a potential upward move if market conditions strengthen. The strongest catalyst for Monero is the sharp rise in capital inflows. The Chaikin Money Flow shows a steep uptick, signaling renewed investor confidence. This bullish shift could propel XMR past the $417 barrier and toward the $450 resistance. A breakout above that level may set up a full retest of the $471 ATH. However, if momentum weakens or holders begin selling, XMR could slip below $387. Losing that support may trigger a decline toward $361 or lower. This would invalidate the bullish thesis and delay any attempt at reclaiming previous highs.
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