JPMorgan supports Ethereum....Bullish?

PLUS: Is Ethereum entering a new bull phase?

JPMorgan just took a big step into crypto by launching a tokenized money market fund on Ethereum — a strong signal of institutional confidence in ETH

Let’s Dive Deep ⤵️ 

🧠 JPMorgan Launches a Crypto Cash Fund on Ethereum

Big bank JPMorgan has launched a new crypto-based cash fund called MONY. They started it with $100 million of their own money. The fund runs on the Ethereum blockchain and earns daily interest from U.S. government bonds.

🔍 Key Points:

  • MONY invests only in safe U.S. Treasury assets

  • Interest is added every day, automatically

  • Investors can use cash or USDC stablecoin

  • Only very rich / institutional investors can join

🚨 Why It Matters:

  • This shows that big banks now trust public blockchains. Crypto is no longer “outside the system.” Traditional finance and blockchain are slowly mixing.

⏭️ What’s Next?

Other banks like Goldman Sachs or Citi may launch similar crypto funds in 2026

🧠 Rumors: Are Big Banks Planning a Secret Crypto Deal?

There are rumors on social media that some of the world’s biggest banks are planning a joint crypto project. But there is no official announcement yet. No bank has confirmed anything.

🔍 Key Points:

  • Names like JPMorgan, Citi, and others are mentioned

  • Could be about a shared stablecoin or blockchain system

  • No proof, no press release, no documents

🚨 Why It Matters:

If this becomes real, it could change how money moves between banks. But for now, it is just a rumor.

⏭️ What’s Next?

Watch for official news. If banks are serious, they will announce it publicly.

🧠 Turkmenistan Says “Yes” to Crypto Mining (With Rules)

The country of Turkmenistan has made crypto mining and trading legal from January 1, 2026. But only licensed companies can do it. Crypto is still not allowed as money for daily use.

🔍 Key Points:

  • Mining and exchanges are now legal

  • Only government-approved companies allowed

  • Crypto cannot be used for shopping or salaries

  • Central bank controls all licenses

🚨 Why It Matters

Even very strict countries are now accepting crypto—slowly and carefully. This shows crypto is becoming global.

⏭️ What’s Next?

Other developing countries may try this “controlled crypto” model.

🧠Final take

  • 🏦 Banks are in: Crypto is no longer ignored — big banks are building on it.

  • 🌍 Governments are changing: Even strict countries are allowing crypto, but with control.

  • 👀 For us: Learn, watch, and wait — this is a long game, not quick money.

Appo athrollu innathe mafia letter.... Bie! 👋

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research