Cryptocurrency Summary

JPMorgan CEO Jamie Dimon recently emphasized that the bank does not discriminate politically, stating, "We debank Democrats, we debank Republicans," in a discussion regarding banking practices. Meanwhile, former President Donald Trump's national security strategy notably omits references to cryptocurrency and blockchain technology, raising questions about the administration's stance on digital assets.

In Ethereum developments, co-founder Vitalik Buterin proposed the idea of gas futures to mitigate the impact of fee spikes on transactions. In market movements, Bitcoin's price has dipped below 88,000, with analysts attributing this decline to nervousness surrounding the Federal Open Market Committee meeting.

Despite the downturn, Bitcoin Cash has surged nearly 40%, emerging as the best-performing Layer 1 asset this year. In regulatory news, South Korea is set to impose bank-level liability on crypto exchanges following a hack at Upbit, highlighting the increasing scrutiny on the crypto exchange sector.

Additionally, WisdomTree has launched a new tokenized fund that brings an options income strategy on-chain, further integrating traditional finance with cryptocurrency ecosystems.