Today, in Crypto, Tyler Winklevoss says that JPMorgan has taken an integrated break from Gemini after criticizing the costs of access to the bank’s data, the booming social domination of Ether suggests that a potential prices correction is on the table. Meanwhile, the Roman Storm trial is expected to enter the closing statements next week.
Tyler Winklevoss claims that JPMorgan blocked Gemini for public reviews
Gemini’s co-founder, Tyler Winklevoss, accused JPMorgan Chase of ending the Crypto Exchange integration process in response to his public criticism of the new bank access policy.
In an article on Friday on X, Winklevoss said that JPMorgan had retaliated after calling the new movement of the banking giant as an anti -competitive behavior that could harm Fintech and Cryptographic Companies.
“My tweet last week struck a nerve. This week, Jpmorgan told us that, because of this, they were taking a geminate listening break as a customer after being out-to-block during the ChokePoint 2.0 operation,” wrote the boss of Gemini.
The dispute comes from a recent Bloomberg report which revealed that JPMorgan’s decision to invoice financial technology companies to access customer bank data – a Winklevoss move argued that “bankrupt finish” which facilitate cryptography purchases.
Ether’s “extreme euphoria” social chatter could be a red flag for the price
The recent Ether prices rally can be due to recharging time, such as an increase in social media mentions – reaching levels of “extreme euphoria” – highlights the potential of a short -term correction, according to the platform of health feeling.
However, other indicators suggest that Ether (ETH) rally can still have room to run, which has won more than 50% in the last 30 days.
“Social metrics have flash up before the forefront signs. Since the beginning of May, the price ratio of Ethereum against Bitcoin has jumped by 70%,” said healthy report on Friday.
“This led to an extreme euphoria and to a massive peak of social domination, which is often a red flag,” added Santiment.
The feeling supplier explained that when the social domination of a cryptocurrency increases at “unusually high levels”, he points out that the asset can be overvalued. “This suggests that the assets are too publicized and that trade becomes crowded, increasing the risk of price correction,” said the feeling platform.
The Roman Storm team expected to close the case next week, the developer can still testify
Defense lawyers representing the Co-founder and developer of Tornado Cash and Roman Storm developer would have rests their case next week, sending the case to the jury.
According to the reports of Inner City Press on Friday, judge Katherine Failla said that she expected to hear statements of closing prosecutors and the Storm legal team on Tuesday or Wednesday. The calendar gives the co-founder of Tornado cash about five days to present his defense to the court.
The question of whether Storm intends to take a stand in his own defense was not clear on Friday. Before the start of his trial, the co-founder of Tornado Cash gave an interview in which he said he “could” testify.
Friday’s legal proceedings ended with the morning with testimonies from an FBI special agent, who previously declared that Storm had control of some of the funds used with Tornado Cash. This marked the 10th day of the Storm trial, in which he faces accusations of money laundering, conspiracy in sight to exploit a silver issuer without license and a plot to violate American sanctions.
Defense lawyers began to present their file on Thursday, starting with the testimony of the basic developer Ethereum, Preston Van Loon. They would have declared that up to five witnesses could speak before resting next week.