Gate News Bot Message, January 12th, according to CoinMarketCap data, as of press time, CC (Canton) is currently priced at $0.15, up 14.37% in the past 24 hours, with a high of $0.16 and a low of $0.12. The 24-hour trading volume reached $22.2 million. The current market capitalization is approximately $5.549 billion, an increase of $697 million from yesterday, ranking 22nd globally.
Recent Important News about CC (Canton):
1️⃣ JPM Coin by JPMorgan Chase Launches on Canton Network, Expanding Institutional Use Cases
JPMorgan Chase announced plans to launch JPM Coin on the Canton Network, extending it from a private system to an environment that can interact with public blockchains. As an institutional-grade token backed by bank deposits, JPM Coin’s daily trading volume on the Canton network has reached billions of dollars. This upgrade enhances JPM Coin’s interoperability, enabling connection to tokenized assets across different institutions and blockchain networks, providing banks and asset managers with more efficient on-chain settlement capabilities. This move indicates that traditional financial giants are gradually integrating their extensive global deposit systems into blockchain networks, pushing tokenized deposits and multi-chain banking solutions from concept validation to practical implementation.
2️⃣ Nasdaq Joins the Super Validator Camp, Strengthening Institutional Status
Nasdaq officially becomes a super validator on the Canton Network, obtaining up to 10 super validator weights through the Canton token economy and the oversight of the Accountability Committee. As one of the world’s largest electronic trading platforms, Nasdaq’s participation further reinforces Canton Network’s position and credibility in the institutional market, reflecting ongoing recognition from leading traditional financial institutions of the network’s true value.
3️⃣ Lloyds Bank Completes Tokenized Deposit Transaction, Validating Practical Application
Lloyds Banking Group, the third-largest bank in the UK, completed the UK’s first transaction using tokenized deposits to purchase government bonds. The transaction achieved instant settlement, automated protocols, and increased transparency while maintaining deposit protection coverage. This validates Canton Network’s practical application capabilities in the field of real-world asset tokenization and provides a solid foundation for commercial applications within the Canton ecosystem.
This message is not investment advice. Investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin drops to $70,600, Ethereum holds at 2,055. Analysts: Bull market score is only 10; don't put too much faith in this rebound.
Bitcoin has recently continued to hit new lows, currently trading at $70,923, and CryptoQuant has warned that the recent rebound is only a short-term rally in a bear market, with a bull market score of only 10 points. The US stock market has declined across the board, and the crypto market is also under pressure. The future trend depends on whether spot demand turns positive. There are multiple scenarios in the market, including possible sideways consolidation or a drop to the $56,000-$60,000 support zone. Ethereum has shown relative strength in this wave of market movement, but if Bitcoin continues to decline, its support levels will need to be observed.
動區BlockTempo8m ago
Bitcoin Reclaims $70K As ETF Flows Stabilize and Selling Pressure Eases
Glassnode reports that Bitcoin's ETF flows are stabilizing after outflows, coinciding with a price rebound above $70,000. Healthy inflows into ETFs indicate a cautious optimism among institutions, but macro risks persist, necessitating continued monitoring of market trends.
BlockChainReporter19m ago
Culper Research announces short positions on ETH and related securities, claiming that Fusaka's upgraded token economic model has been damaged
Short-selling firm Culper Research announced that it is shorting Ethereum and related securities, believing that the Fusaka upgrade in 2025 will harm the ETH tokenomics model. The upgrade resulted in a larger-than-expected decrease in Gas fees, and on-chain data shows that the growth in active addresses and transaction volume is driven by low-value transactions. Culper believes Vitalik is aware of this and will continue to sell ETH, expecting ETH prices to decline further.
GateNews20m ago
Why did Bitcoin drop today? The US warns of a ground invasion in Iran, and Trump demands to lead the next Supreme Leader.
Bitcoin prices fluctuate due to escalating geopolitical tensions, dropping from $72,000 to $70,000 on March 6. Trump's tough rhetoric on the Iran situation, Iran's refusal to cease fire, and the U.S. military announcing increased strikes have heightened risk aversion. Market sentiment is divided, with some predicting Bitcoin will reach $80,000, but some analysts remain skeptical about a rebound. $72,000 is a key technical level; failure to break above it could lead to a drop toward $64,000.
MarketWhisper31m ago
Today, the Fear and Greed Index dropped to 18, indicating the market is in a "Extreme Fear" state.
Foresight News reports that, according to Alternative.me data, the cryptocurrency Fear and Greed Index dropped to 18 today (yesterday the index was 22, indicating "Extreme Fear"), indicating that the market is in a "Extreme Fear" state.
GateNews53m ago
XRP Price Consolidates Under $1.5 — What Could Drive the Next Move to $2? - BTC Hunts
XRP is struggling to maintain its price above $1.40 amidst selling pressure and a bearish market. Key resistance at $1.48 and support at $1.33 will determine its next movement, with potential for upswing to $1.60 or a drop towards $1.20.
BTCHUNTS1h ago
