Jona Jaupi, The Defiant Journalist Profile

Articles

Bitcoin Holds Above $106,000 as Fed Signals Potential Dovish Shift

4 days ago | thedefiant.io | Jona Jaupi

The cryptocurrency market continued to rally on Tuesday after Federal Reserve Chair Jerome Powell made dovish remarks regarding future monetary policy the previous day. At the time of writing, Bitcoin (BTC) is trading at around $106,350, up 2% over the past 24 hours. Ethereum (ETH) increased by 3.5% to $2,625. XRP jumped nearly 5% to $2.27 while Solana (SOL) climbed 5.5% to around $161, per CoinGecko. The total cryptocurrency market capitalization remained flat on the day at $3.46 trillion.
BlackRock Moves Over $560 Million of Bitcoin to Coinbase, Buys $95 Million of Ethereum

4 days ago | thedefiant.io | Jona Jaupi

The world’s largest asset manager’s moves could signal a potential institutional pivot toward Ethereum. BlackRock, the world’s largest asset manager, has been dumping Bitcoin (BTC) and purchasing Ethereum (ETH) over the past week, signaling a potential shift in institutional investor sentiment.
Top Restaking Protocol Symbiotic Launches Tool to Connect Blockchains Using Staked Crypto

4 days ago | thedefiant.io | Jona Jaupi

The new middleware SDK, Symbiotic Relay, lets developers use staked crypto from any blockchain network to verify protocol decisions on other supported chains. Symbiotic, a restaking protocol built on Ethereum with more than $1 billion in total value locked (TVL), unveiled a new middleware software development kit (SDK) today, June 3, called Symbiotic Relay. Middleware refers to software that connects different systems – in this case, different blockchains.
CZ Calls for 'Dark Pool' Perpetuals DEX to Protect Traders From Onchain Risks

5 days ago | thedefiant.io | Jona Jaupi

The Binance co-founder’s proposal comes a week after Hyperliquid trader James Wynn’s public positions were supposedly targeted. Binance co-founder Changpeng (“CZ”) Zhao floated the idea of a “dark pool” decentralized perpetuals exchange (perp DEX) on Monday, aimed at protecting traders from on-chain visibility risks. "Given recent events, I think now might be a good time for someone to launch a dark pool perp DEX," CZ wrote on X (formerly Twitter).
Bitcoin Volatility Returns as Tariff Tensions Flare

5 days ago | thedefiant.io | Jona Jaupi

Bitcoin falls to $104,000 while ETH trades flat as traders brace for new tariffs. The cryptocurrency market experienced volatility on Monday following President Donald Trump's announcement that tariffs on steel and aluminum imports would be doubled to 50%. After reaching a new all-time high of $111,000 just over a week ago, Bitcoin (BTC) is now trading at $104,000, down 1% over the past 24 hours. Ethereum (ETH) traded flat at $2,538.
Crypto Adoption Surges in 2025 as Memecoins Drive Growth: Gemini

1 week ago | thedefiant.io | Jona Jaupi

A new report from crypto exchange Gemini highlights rising global ownership rates and a sharp increase in memecoin-led onboarding. Crypto is surging quickly around the world in 2025, with memecoins helping to bring in new users, according to cryptocurrency exchange Gemini. A new report, titled Global State of Crypto, found that cryptocurrency ownership in the U.K. rose to 24% this year, up from 18% in 2024, while the U.S. recorded a modest increase from 20% to 21%.
JUP Jumps 10% After Jupiter Unveils New Lending Protocol

2 weeks ago | thedefiant.io | Jona Jaupi

In the most recent boost for Solana DeFi, Jupiter is teaming up with Fluid to launch Jupiter Lend. The price of JUP, the native token of Jupiter, surged as much as 10% on Friday after Jupiter announced plans for an upcoming lending protocol. The announcement was made yesterday afternoon, May 22, at the Solana Accelerate conference in New York, which ends today.
Deutsche Telekom Subsidiary Joins LayerZero to Boost Cross-Chain Security - "The Defiant"

2 weeks ago | thedefiant.io | Jona Jaupi

Deutsche Telekom MMS will run infrastructure to help secure blockchain transactions. LayerZero, a protocol that enables applications to move data and assets across blockchains, announced yesterday, May 22, that Deutsche Telekom MMS has joined the ecosystem as a decentralized verification network (DVN).
Crypto Market Slips, BTC Retreats From Record High Amid Trump’s Trade Threats

2 weeks ago | thedefiant.io | Jona Jaupi

Bitcoin falls from $111K peak as Trump proposes steep tariffs on the EU and Apple. The cryptocurrency market recorded losses on Friday, May 23, with Bitcoin pulling back from its all-time high, following President Donald Trump's latest comments escalating trade war tensions. After reaching a new all-time high of $111,000 on Thursday, Bitcoin (BTC) is now trading 2.3% lower at $108,900.
Base TVL Spikes Above $8B Following Stablecoin Surge

2 weeks ago | thedefiant.io | Jona Jaupi

Nearly 45% of the Ethereum Layer 2 network’s TVL can be attributed to stablecoins. The total value locked (TVL) in Base, the Ethereum Layer 2 (L2) network developed by Coinbase, has more than doubled over the past year. Base’s TVL has increased from $3.9 billion to $8.4 billion over the last 12 months, according to data from Token Terminal.