| | JPMorgan's CFO says that yield stablecoins look like shadow banks. | ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ | View in browser | | | | | | January 13, 2026 | | | | Your Daily Digest of the π₯Hottest News in Crypto | | | | Today's top stories π¨ JPMorgan CFO delivers a warning π« No crypto and no NYC token for Mamdani π§ NFT Paris offers a sharp signal about NFT sentiment
π° Keep reading for all of today's biggest headlines & stories | | | | JPMorgan CFO Warns Yield Stablecoins Look Like Shadow Banks CFO Jeremy Barnum supports using blockchain as financial "plumbing," but draws a clear line at yield-bearing stablecoins, warning they could create a parallel banking system without normal protections. His concern is straightforward: if stablecoin issuers start paying interest like banks, but without capital rules or deposit insurance, they shift credit risk into a space regulators don't fully control. | | | | | | | | | | New NYC Mayor Has Zero Crypto — and No Time for Adams' Memecoin Less than two weeks into the job, New York City Mayor Zohran Mamdani is already separating himself from the city's previous crypto enthusiasm. Asked if he owns any digital assets or plans to buy the NYC Token launched by former mayor Eric Adams, Mamdani answered with a simple "no" on both counts. The response underlines a shift in tone from promotional crypto branding toward a more cautious posture from City Hall. For projects hoping to use New York as a showcase market, the question now is whether that cool distance turns into stricter policy or just a quieter political backdrop. | | | | | | | | | Strive Shares Drop 12% After Loading Up on Semler's 5,048 BTC Strive is on track to become one of the largest public Bitcoin holders, but its investors are not exactly cheering. The all-stock purchase of Semler Scientific will lift Strive's stash to 12,797.9 BTC, putting it 11th among public companies by holdings. The market's verdict was quick though - Strive's shares dropped about 12% on the news, signaling worries about dilution and balance-sheet risk. | | | | | | | | | | | [AD] This platform's infrastructure allows shoppers to get cashback in BTC across 500 brands. | | | | | | ETH Is Back at $3.2K — Can It Finally Stick? Ether has spent the last two months bumping its head near $3,300 and sliding back, leaving traders unsure whether the market still has the momentum for a real breakout. On paper, Ethereum remains the leader in total value locked and has launched meaningful upgrades, but that has not translated into a clean push toward $4,000. If it fails again, the risk is that traders start treating this range as a distribution zone, not a launchpad. | | | | | | | | | HOW TO | | | | What NFT Paris' Cancellation Really Says About the NFT Market
NFT Paris and its sister event, RWA Paris, were pulled a month before showtime, with organizers citing market conditions and "closing this chapter" on conferences for now. The decision comes after NFT market cap dropped from about $9 billion in early 2025 to just over $2.7 billion heading into 2026. A conference shutdown does not measure volume the way onchain data does, but it does reveal something harder to fake— how much sponsorship money and community energy is still available to fund big stages? | | | | | | | | | —Written by Monica Hutchison | | | | 4.6 million people follow us on social media. You should too. | | | | | | | | | Cointelegraph Consulting Limited | | 20/F, Strand 50, 50 Bonham Strand Sheung Wan, Hong Kong Hong Kong | | | You received this email because you signed up on our website. | | Download our official app: | | | | | | | | | | | | | | | |