JPMorgan Chase has discussed three main catalysts driving crypto prices over the coming months. The global investment bank’s analysts believe that the Bitcoin halving event and the next major upgrade of the Ethereum network are largely priced in.
JPMorgan on Catalysts Affecting Crypto Prices
Global investment bank JPMorgan Chase has provided its insights into three key catalysts it believes will…
Blackrock Holds 110K BTC, Kiyosaki Expects $100K BTC Soon, AI Crypto Assets Skyrocket, and More
February 26, 2024
Blackrock has significantly expanded its presence in the digital currency space, accumulating nearly 110,000 bitcoins for its Ishares Bitcoin Trust (IBIT) ETF. Robert Kiyosaki predicts bitcoin will reach $100,000 by June this year. The AI cryptocurrency sector has seen a…
Just recently, the 45th President of the United States, Donald Trump, has expressed a neutral stance towards bitcoin, stating he could live with it “one way or the other.” Meanwhile, Trump’s holdings in crypto assets have seen a significant increase in value. A…
Grayscale Research’s latest report explains that Ethereum is poised to take advantage of several tailwinds with its upcoming Dencun upgrade. Grayscale analyst Will Ogden states that, while Ethereum is facing increased competition from other chains like Solana, Dencun’s modularity focus will help it “come of age,” lowering transaction fees for rollups and opening the doors for more volume…
Cryptocurrency Exchange Bitget Eyes Latam Expansion
February 22, 2024
Bitget, a top 15 cryptocurrency exchange, is seeking to expand its operations in Latin America, a market traditionally dominated by incumbents like Binance and Bitso. Maximiliano Hinz, Bitget’s growth director for Latam, believes that the exchange can differentiate by…
Ethereum started Monday with its price hitting $2,934 per unit, marking a week filled with a strong 14.9% increase. Over the preceding fortnight, the second-leading crypto asset by market cap witnessed a substantial 25.9% upswing. Kicking off this week, ether’s trading…
Cryptocurrency Exchange Fixedfloat Hacked, Close to $26 Million Lost in BTC and ETH Exchanges
February 22, 2024
Fixedfloat, an automatic cryptocurrency exchange, has been hacked by an unknown attacker who siphoned almost $26 million worth of BTC and ETH. The exchange, which has already acknowledged the attack, is investigating the event and working to eliminate all possible vulnerabilities. Meanwhile, Fixedfloat’s platform remains closed until further notice.
Fixedfloat Loses $26 Million in ETH and BTC in…
In an unprecedented surge, crypto funds around the globe registered record inflows totaling $2.45 billion last week, marking a significant uptick in investor interest. This influx has propelled the total assets under management (AUM) back to levels not seen since December…
Coinbase Commerce, the cryptocurrency payments solution of U.S.-based exchange Coinbase, has removed support for bitcoin payments using self-custody wallets. Brian Armstrong, CEO of the exchange, clarified it maintains support for payments from UTXO-based chains from…
Investors in Collapsed Ponzi Scheme Resist Liquidator's Attempts to Force Repayment at Current BTC Prices
February 21, 2024
Investors in the bitcoin Ponzi scheme Mirror Trading International are reportedly resisting liquidators’ attempts to have them repay digital assets withdrawn before it collapsed. According to the investors’ lawyer, MTI liquidators are intentionally misinterpreting the Insolvency Act for their benefit.
Liquidators Face Accusations of Prolonging the Settlement Process
A group of Mirror Trading…
