Place your ads here email us at info@blockchain.news
NEW
jessepollak Flash News List | Blockchain.News
Flash News List

List of Flash News about jessepollak

Time Details
2025-07-07
20:59
Bitcoin (BTC) Price Stalls at $105K on Geopolitical Tensions, But Institutional Buying and Bullish Indicators Persist

According to @jessepollak, Bitcoin (BTC) is currently range-bound around $105,000 due to market uncertainty over the escalating Israel-Iran conflict, as reported by trading firm QCP. QCP's analysis notes that risk reversals have shifted, with BTC puts commanding a premium, signaling heightened investor anxiety and downside hedging. Despite this defensive posture and over $1 billion in recent liquidations, on-chain data reveals that significant institutional buying continues to provide support. Further bullish sentiment comes from the U.S. Federal Housing Finance Agency, whose director Bill Pulte has ordered Fannie Mae and Freddie Mac to prepare for counting cryptocurrency as a mortgage asset. In addition, spot BTC ETFs have recorded 12 consecutive days of net inflows, recently adding $548 million, according to Farside Investors. On the altcoin front, SEI has surged 50% in a week, driven by its selection as a settlement layer for Wyoming's state-backed stablecoin pilot and strong spot-led buying, as noted by analyst Shaurya Malwa.

Source
2025-07-07
17:29
Pump.fun X Suspension Sparks Memecoin Fears; Vitalik Buterin Warns on ETH Decentralization, New BTC & XRP L2s Launch

According to @jessepollak and other contributors, the suspension of memecoin platform Pump.fun's account on X has ignited speculation about a potential crackdown on such products, creating uncertainty for the Solana memecoin sector even as the platform's website remains operational. In broader ecosystem news, Ethereum (ETH) co-founder Vitalik Buterin issued a stark warning that the industry is at an inflection point and must prioritize genuine decentralization, cautioning that many Layer-2 and DeFi projects have hidden security risks. On the development front, the Bitcoin (BTC) ecosystem saw the mainnet launch of Botanix, an EVM-compatible Layer-2 designed to enhance DeFi capabilities on Bitcoin. Similarly, Ripple launched an EVM sidechain for the XRP Ledger, enabling Ethereum dapps to run on its network and use XRP for gas fees, significantly expanding its utility. These developments are complemented by institutional moves, with Robinhood planning its own Arbitrum-based Layer-2 for tokenized assets and Deutsche Bank preparing a crypto custody service, signaling growing mainstream adoption.

Source
2025-07-07
17:20
Optimism (OP) Predicts All Fintechs Will Launch Blockchains; Key Updates for Ethereum (ETH), Bitcoin (BTC), and XRP

According to @jessepollak, the cryptocurrency landscape is undergoing significant evolution with major trading implications. OP Labs, the developer behind Optimism (OP), predicts that every crypto exchange and fintech firm will operate its own blockchain within five years, following the successful model of Coinbase's Base layer-2 network, as cited in the report. This trend is already visible with Robinhood (HOOD) building its own L2 on Arbitrum. In other key developments, Ethereum (ETH) co-founder Vitalik Buterin has issued a warning that the ecosystem is at an inflection point, urging projects to deliver concrete decentralization rather than just using it as a catchphrase. For Bitcoin (BTC), the EVM-compatible layer-2 network Botanix has launched its mainnet, aiming to bring DeFi capabilities to the Bitcoin ecosystem. Additionally, Ripple has officially launched the XRP Ledger's (XRP) EVM-compatible sidechain on its mainnet, enhancing interoperability by allowing Ethereum dApps to deploy on the XRPL and use XRP as the native gas token.

Source
2025-07-06
17:45
Major Ethereum (ETH) Speed Upgrade Proposed, Polygon (MATIC) Revamps Strategy, and XRP Ledger Unveils Key DEX Upgrades

According to @jessepollak, significant technical and strategic shifts are underway for major cryptocurrencies. A new Ethereum proposal, EIP-7782, aims to double network speed by reducing block times from 12 to 6 seconds, which could significantly enhance transaction throughput for ETH. In another key development, Polygon co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, initiating a strategic overhaul focused on the AggLayer cross-chain protocol while retiring the zkEVM network. For XRP traders, the XRP Ledger has released version 2.5.0 of its software, introducing crucial upgrades for its decentralized exchange (DEX), including 'TokenEscrow' and 'PermissionedDEX' to improve functionality and compliance. Additionally, Matter Labs has unveiled 'Airbender,' a new ZKsync prover claimed to be the fastest of its kind, potentially lowering transaction fees. On the regulatory front, Norway is planning a ban on new proof-of-work mining centers, while in the U.S., Texas has established a publicly-funded Bitcoin reserve, signaling state-level adoption.

Source
2025-07-06
16:40
The Open Platform Becomes First TON Unicorn; Jesse Pollak Analyzes Asset Tokenization's Next Wave Beyond Stablecoins

According to @jessepollak, The Open Platform (TOP) has become the first unicorn in the TON ecosystem with a $1 billion valuation following a $28.5 million funding round led by Ribbit Capital. This development signals growing investor confidence in The Open Network (TON), Telegram's blockchain partner, which aims to onboard a billion users to crypto. Pollak's analysis highlights that this is part of a broader asset tokenization trend that is evolving beyond its initial success with stablecoins. He notes that stablecoins have achieved clear product-market fit, with over $250 billion in circulation used for payments and as key trading pairs for cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). The next phase of tokenization is expected to involve more complex instruments, with structured credit and private funds identified as prime candidates for disruption. Tokenization in these areas promises to enhance transparency, automate processes via smart contracts, and increase liquidity, though regulatory and KYC/AML challenges remain significant hurdles for widespread adoption.

Source
2025-07-06
16:32
Crypto Market Analysis: Polygon (MATIC) Pivots, Ethereum (ETH) Proposes Faster Blocks, Bitcoin (BTC) Expands Data, and Coinbase (COIN) Gets Bullish Upgrade

According to @jessepollak, the cryptocurrency market is undergoing significant technical and strategic shifts. Polygon (MATIC) is pivoting its strategy under new CEO and co-founder Sandeep Nailwal to focus on its AggLayer cross-chain liquidity protocol while retiring its zkEVM network, as stated in a press release. The Ethereum Foundation (ETH) has released a new treasury policy capping annual operational expenses at 15% and signaling a focus on critical deliverables through 2026. A proposal, EIP-7782, aims to potentially double Ethereum's speed by halving block times to 6 seconds, according to core developer Barnabé Monnot. The upcoming Bitcoin (BTC) Core 30 release is set to increase the OP_RETURN data limit to nearly 4MB, a move confirmed on GitHub that has sparked debate about potential network spam. RippleX has released version 2.5.0 for the XRP Ledger (XRP), introducing features like TokenEscrow and a PermissionedDEX to enhance DeFi and enterprise use cases. In related stock market news, a Bernstein research report raised its Coinbase (COIN) price target to $510, while Jeff Park of Bitwise Asset Management noted that MicroStrategy's (MSTR) stock volatility has hit its lowest point since it began acquiring BTC. On the regulatory front, Norway plans to ban new proof-of-work mining data centers, according to Reuters, while Texas has established a publicly-funded Bitcoin reserve.

Source
2025-07-06
15:22
TradFi's Blockchain Revolution: Why Asset Managers & Exchanges are Adopting Tokenization and Layer-2 Solutions like Optimism (OP)

According to Jesse Pollak and Sam McIngvale of OP Labs, a significant transformation is underway as both traditional finance (TradFi) and crypto-native firms embrace blockchain technology for core operations and product innovation. Pollak highlights that asset managers are leveraging blockchain to upgrade outdated, manual back-office systems to a single, real-time source of truth. This modernization enables the creation of novel investment vehicles, such as tokenized private credit funds and money market funds, with major players like BlackRock, Apollo, and Franklin Templeton already moving billions on-chain. These tokenized products offer fractional ownership and enhanced liquidity, representing a new, more transparent asset class for investors. Concurrently, McIngvale predicts that nearly every crypto exchange and fintech firm will launch its own Layer-2 (L2) blockchain within five years, following the success of Coinbase's Base, which was built on Optimism's (OP) OP Stack. McIngvale explains that L2s allow firms to monetize custodied assets like Bitcoin (BTC) by enabling users to borrow against them. This trend, with exchanges like Kraken and OKX also building L2s, aims to drastically improve user experience with faster, cheaper transactions across an interoperable 'Superchain', signaling a major shift towards a more efficient and programmable financial market.

Source
2025-07-05
18:23
TON DeFi Super App, Bitcoin L2 Botanix, and XRPL EVM Sidechain Launch Amid Vitalik's Decentralization Warning

According to @jessepollak, the crypto landscape is seeing significant infrastructure development alongside critical warnings from industry leaders. A new TON-based money market protocol, Affluent, aims to transform Telegram into a DeFi 'super app' by offering lending and yield strategies through a mini app, as stated in an announcement. In a significant development for Bitcoin (BTC), the EVM-compatible Layer-2 network Botanix has launched its mainnet, promising to reduce block times to five seconds and enable Ethereum dApps on the Bitcoin ecosystem. Similarly, Ripple has officially launched the XRP Ledger's (XRPL) EVM sidechain on mainnet, allowing developers to deploy Ethereum-based applications using XRP as the native gas token. These developments come as Ethereum (ETH) co-founder Vitalik Buterin issued a stark warning at EthCC, arguing that the ecosystem is at risk if decentralization remains a mere catchphrase and projects fail security tests against insider attacks and centralization. Furthering institutional involvement, Robinhood (HOOD) is building its own Layer-2 network on Arbitrum for tokenized assets, and Deutsche Bank (DB) plans to launch a crypto custody service.

Source
2025-07-05
16:48
Optimism (OP) Executive Predicts Every Fintech Will Launch Its Own L2 Blockchain Within 5 Years, Citing Coinbase's Base Success

According to @jessepollak, a major trend is emerging where every fintech and crypto exchange is expected to launch its own Layer-2 (L2) blockchain within the next five years, a prediction made by Sam McIngvale, head of product at OP Labs. McIngvale cites the runaway success of Coinbase's L2 network, Base, built using Optimism's (OP) OP Stack, as the primary catalyst. The key trading implication is the ability for firms to monetize dormant crypto assets; for instance, Coinbase can move a customer's Bitcoin (BTC) to Base and facilitate loans against it using stablecoins like USDC. This model is creating a 'Base envy' effect, with exchanges such as Kraken, Bybit, Bitget, and OKX already developing their own L2 solutions to enhance transaction speed and reduce costs on the Ethereum (ETH) network.

Source
2025-07-05
00:08
Bitwise Amends Spot Dogecoin (DOGE) ETF Filing, Signaling Potential SEC Approval

According to @jessepollak, ETF issuer Bitwise has updated its regulatory S-1 filing for a spot Dogecoin (DOGE) ETF, a move seen by experts as a positive indicator for potential approval. Bloomberg Intelligence's Eric Balchunas stated this amendment is a 'good sign' as it suggests engagement from the SEC and follows a pattern seen with other spot ETF approvals. The filing was notably amended to include in-kind creations and redemptions, which would allow broker-dealers to directly exchange shares for DOGE tokens, a feature Balchunas believes is a 'near-lock' for all future spot crypto ETFs. Despite the positive regulatory development, the price of DOGE has decreased by approximately 2% over the past 24 hours to $0.16. Other firms, including 21Shares and Grayscale, have also submitted filings for Dogecoin-related investment products.

Source
2025-07-04
16:34
Crypto Market Analysis: Vitalik Buterin Warns on Decentralization as XRP and BTC Layer-2s Launch

According to @jessepollak, the crypto industry is experiencing cognitive dissonance as its cypherpunk roots clash with mainstream adoption and political co-option by firms like Coinbase. This sentiment is echoed by Ethereum co-founder Vitalik Buterin, who warned at the Ethereum Community Conference that decentralization must become a concrete user guarantee rather than a hollow catchphrase, proposing 'walk-away' and 'insider attack' tests for projects to prove their resilience. Amidst this ideological debate, significant technical developments are impacting the market. As reported by the source, Botanix, a Bitcoin (BTC) Layer-2 network, has launched its mainnet to bring EVM compatibility to the Bitcoin ecosystem with five-second block times. Similarly, Ripple has launched an Ethereum Virtual Machine (EVM) sidechain for the XRP Ledger (XRPL), using XRP as the native gas token to enhance interoperability. On the institutional front, Robinhood (HOOD) is developing its own Arbitrum-based Layer-2 for tokenized assets, while Deutsche Bank (DB) plans to launch a crypto custody service. However, regulatory uncertainty persists in the U.S., as a proposal to ease crypto taxation was not included in a recent Senate bill, and the New York Attorney General has raised concerns over consumer protections in current stablecoin legislation.

Source
2025-07-01
19:24
Optimism (OP) Predicts Every Fintech and Exchange Will Launch a Blockchain within 5 Years, Fueled by Base L2 Success

According to @jessepollak, OP Labs' Head of Product Sam McIngvale predicts that every crypto exchange and fintech company will operate its own layer-2 blockchain within the next five years. McIngvale cites the significant success of Coinbase's Base network, which is built on Optimism's (OP) OP Stack, as the primary driver for this trend. The key advantage highlighted by McIngvale is the ability to monetize dormant crypto assets held in custody; for instance, a user can move their Bitcoin (BTC) to Base and borrow USDC against it, transforming custody from a cost center into a revenue-generating activity. This dynamic has reportedly spurred 'Base envy,' prompting other major exchanges like Kraken, Bybit, Bitget, and OKX to launch their own L2 solutions, signaling a major strategic shift in digital finance infrastructure.

Source
2025-06-30
23:42
Optimism (OP) Executive Predicts All Crypto Exchanges Will Launch Their Own Blockchains Within 5 Years

According to @jessepollak, Sam McIngvale, the head of product at OP Labs, which builds the Ethereum scaling protocol Optimism (OP), predicts that every crypto exchange and fintech company will launch its own blockchain in the next five years. The report cites the success of Coinbase's Layer-2 network Base, built with Optimism's OP Stack, as a key catalyst for this trend. A primary advantage for these firms is the ability to monetize custodied assets, such as allowing customers to borrow against their Bitcoin (BTC) held on the platform. This trend is already being adopted by other major exchanges, including Kraken, Bybit, Bitget, and OKX, which are developing their own L2s, furthering Optimism's vision of an interoperable 'Superchain'.

Source
2025-06-30
23:42
Polygon (MATIC) Overhauls Strategy and Retires zkEVM as Optimism (OP) Predicts All Fintechs Will Launch L2 Blockchains

According to @jessepollak, Polygon (MATIC) is undergoing a major strategic overhaul as co-founder Sandeep Nailwal takes over as CEO of the Polygon Foundation. The team will now focus on its AggLayer cross-chain liquidity protocol and will retire the zkEVM rollup network, a significant pivot for the project's long-term roadmap. In a related development for the Layer-2 sector, OP Labs, the builder of Optimism (OP), predicts that every crypto exchange and fintech company will run its own blockchain within the next five years, citing the monetization success of Coinbase's Base L2. This trend is already visible with exchanges like Kraken, Bybit, and OKX launching their own L2s. Other key market developments include the Ethereum Foundation's new treasury policy, which caps annual operational expenses at 15% to focus on critical deliverables for 2025-26, and the upcoming Bitcoin Core update, which will increase the OP_RETURN data limit, potentially impacting data-embedding protocols on the Bitcoin (BTC) network.

Source
2025-06-30
19:06
Optimism (OP) Predicts All Fintechs Will Launch L2 Blockchains; Polygon (MATIC) Revamps Strategy & Retires zkEVM

According to @jessepollak, a major trend is emerging where every crypto exchange and fintech firm is expected to launch its own layer-2 blockchain within the next five years, a prediction from OP Labs' Sam McIngvale. This movement is heavily influenced by the success of Coinbase's Base network, built on Optimism's (OP) OP Stack, which enables the monetization of custodied assets like Bitcoin (BTC) for lending. In other strategic shifts, Polygon (MATIC) co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, redirecting focus to the AggLayer for cross-chain liquidity and retiring its zkEVM network. Additionally, the Ethereum (ETH) Foundation has implemented a new treasury policy, capping annual operational expenses at 15% to concentrate on critical deliverables for 2025-2026. For Bitcoin (BTC), the upcoming Bitcoin Core 30 release will significantly increase the OP_RETURN data limit, impacting the on-chain data and inscriptions ecosystem.

Source
2025-06-30
15:26
Base Creator Jesse Pollak Hints at Major Potential for Token-Bound Accounts (TBA) with Grok AI Mention

According to Jesse Pollak, the creator of the Base network, Elon Musk's AI chatbot Grok understands the 'Truth' about Token-Bound Accounts (TBA). This statement is interpreted by market participants as a strong bullish signal for the future of TBAs, which are associated with the ERC-6551 standard. For traders, Pollak's endorsement suggests that technologies enabling NFTs to own other assets could be a significant growth area, particularly within the Base ecosystem and the broader intersection of AI and crypto.

Source
2025-06-30
13:35
Optimism (OP) Predicts Fintech L2 Adoption; Ethereum (ETH) Speed Boost & XRP Ledger Upgrades Signal Bullish Tech Trends

According to @jessepollak, OP Labs' Head of Product Sam McIngvale predicts that every crypto exchange and fintech firm will operate its own Layer-2 blockchain within the next five years, citing the success of Coinbase's Base network built on the OP Stack. This trend, which is reportedly being explored by firms like Kraken, OKX, and Robinhood, suggests a potential surge in demand for L2 solutions like Optimism (OP). In other key developments, a proposal (EIP-7782) from Ethereum core developer Barnabé Monnot aims to halve ETH block times to six seconds, potentially doubling network throughput by 2026. Additionally, RippleX has released version 2.5.0 for the XRP Ledger, introducing new features like 'TokenEscrow' to enhance its DeFi and compliance capabilities. On the market side, investment firm Bernstein raised its price target for Coinbase (COIN) to $510, reinforcing a bullish outlook on key crypto infrastructure.

Source
2025-06-29
19:54
Optimism (OP) Predicts Every Fintech Will Launch an L2 Blockchain, Fueling Asset Tokenization Wave

According to @jessepollak, OP Labs, the developer behind Optimism (OP), predicts that every crypto exchange and fintech firm will launch its own blockchain within the next five years. This trend is driven by the success of Coinbase's Layer-2 network, Base, which was built using the OP Stack and enables the monetization of custodied assets, such as lending out Bitcoin (BTC) to borrow USDC. The source notes that major exchanges like Kraken, Bybit, and OKX are already developing their own L2 solutions. This development is part of a larger trend in asset tokenization, which is evolving from stablecoins and tokenized money market funds (like BUIDL and ONDO) to more complex instruments like structured credit and private funds. The key trading implication is that tokenization can bring significant transparency and liquidity to traditionally opaque and illiquid markets, with smart contracts automating processes and providing real-time data to investors.

Source
2025-06-29
18:31
Ethereum (ETH) Trading Analysis: SharpLink's 70% Plunge and Why Decentralization is a Bullish Signal

According to @jessepollak, traders are observing significant volatility around Ethereum-related assets. SharpLink Gaming (SBET), a Nasdaq-listed firm with an Ether (ETH) treasury strategy, saw its stock plummet 70% in after-hours trading. This followed an SEC filing allowing for the resale of nearly 59 million shares from a private investment round, a move that could flood the market, as explained by BTCS CEO Charles Allen. However, Allen also speculates that SharpLink might announce a surprise $1 billion ETH purchase, potentially reigniting the stock. Beyond this specific event, the author argues that Ethereum's perceived 'identity crisis'—marked by high gas fees and governance debates—is actually a sign of its core strength: sustainable, decentralized innovation. This path is contrasted with Bitcoin's (BTC) inability to innovate and faster chains like Solana (SOL) that compromise on decentralization. Positive institutional sentiment is highlighted by a Bernstein research report noting an 'inflection point' for ETH's value accrual, supported by significant inflows into Ethereum ETFs, such as BlackRock's ETHA, while Bitcoin ETFs saw outflows. This suggests that for long-term traders, Ethereum's commitment to decentralization is its primary competitive advantage.

Source
2025-06-29
18:20
Optimism (OP) Predicts Every Fintech Firm Will Launch Its Own Layer 2 Blockchain in 5 Years, Citing Coinbase's Base Success

According to @jessepollak, OP Labs, the developer behind the Ethereum (ETH) scaling solution Optimism, predicts that every crypto exchange and fintech company will operate its own blockchain within the next five years. Sam McIngvale, OP Labs' head of product, points to the success of Coinbase's Layer 2 network, Base, which was built using the OP Stack, as a key indicator of this trend. The primary driver for this adoption is the ability to monetize dormant assets held in custody, such as allowing a user to move Bitcoin (BTC) to Base and borrow USDC against it, McIngvale explained. This trend is already underway, with exchanges like Kraken, Bybit, and OKX launching their own L2 solutions, and fintechs like Robinhood exploring similar moves. This development supports Optimism's long-term vision of an interoperable "Superchain" of many blockchains, aiming to improve user experience significantly.

Source
Place your ads here email us at info@blockchain.news