Tether Holdings expects to generate $15 billion in profit by year-end, with CEO Paolo Ardoino attributing the performance to reserve holdings including cash and short-term U.S. government bonds. The USDT issuer operates with a 99% profit margin and has approximately $183 billion in circulation. The company is in discussions to raise $20 billion for about 3% equity, potentially valuing it at $500 billion.

Crypto.com has filed an application with the U.S. Office of the Comptroller of the Currency for a National Trust Bank Charter. The move would allow the exchange to offer custody and staking services nationwide under federal oversight. Crypto.com joins Coinbase, Circle, Paxos, Stripe, Ripple, and Sony in pursuing federal regulatory recognition, with Anchorage Digital Bank currently holding the only active federal trust charter since 2021.

JPMorgan is preparing to allow institutional clients to use Bitcoin and Ethereum as collateral for loans, with the program expected to launch by year-end. The crypto assets would be held with a third-party custodian while the bank extends credit against them. The move marks a shift toward integrating digital assets into traditional banking credit frameworks.

JPMorgan is developing a program to allow institutional clients to use Bitcoin and Ethereum as collateral for loans, with a target launch by the end of 2025, Bloomberg reports. Separately, Fidelity has added Solana trading to its brokerage platform for eligible U.S. clients. The developments bring digital assets deeper into traditional financial infrastructure, potentially influencing liquidity flows during market shifts.

Ethereum traded near $3,940 on Friday after reaching an intraday high of $4,025, data show. An anonymous trader with a perfect track record expanded their long position to 33,270 ETH, valued at approximately $131 million. Analysts identify a break above $4,100 as a critical threshold for continued upward momentum.

Crypto.com filed an application with the U.S. Office of the Comptroller of the Currency on Friday for a national trust charter to broaden custody services for digital assets including ETFs and treasury products. The exchange joins Ripple Labs, BitGo, and Circle Internet Group in seeking federal oversight. The company currently operates as a state-registered non-depository trust in New Hampshire.

Former U.S. President Donald Trump pardoned Changpeng Zhao, founder of cryptocurrency exchange Binance, who served four months in prison for violating anti-money laundering laws. The pardon could enable Binance to reenter the U.S. market, though Treasury approval remains required to end the Justice Department's three-year compliance monitoring.

Dogecoin's protocol includes a deliberate 3.49% annual inflation mechanism that experts identify as an intentional design choice rather than a flaw. The fixed issuance model adds approximately 5 billion DOGE annually to the current 151.36 billion circulating supply. This structure promotes network security and long-term sustainability through consistent miner incentives.