JPMorgan Chase holds nearly $1 billion in Bitcoin and cryptocurrency-related assets.

The U.S. Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) have filed for an injunction in Arkansas following an enforcement action that involves hundreds of millions of dollars in penalties. (Source: Bitcoin.com News)

[Solana Confidential Compute Launches in Beta on the DevNet] The Solana Foundation announced that Solana Confidential Compute has entered the beta phase on the Solana DevNet. This project, built in partnership with Nito, provides open-source tools for developing privacy-preserving AI and verifies hardware proofs on-chain.

JPMorgan Chase holds nearly $1 billion in Bitcoin and cryptocurrency-related assets.

According to Token Terminal data, UAE issuers lead the tokenized equity market with a market size of $1.6 billion, followed by the British Virgin Islands and Jersey with market sizes of $1.4 billion and $1.3 billion, respectively.

Stephen Stanley, chief U.S. economist at Santander, raised his forecast for Federal Reserve rate hikes, predicting 25 basis point increases in December and March of next year. Stephen Stanley believes the economy is strong, inflationary pressures are widening, and the Federal Reserve's assessment of its neutral policy stance has improved. He expects the Fed to maintain its pace of acting at every other meeting, and a fourth rate hike could occur in June if the economy shows signs of overheating or core inflation remains above 3%.