As Bitcoin Remains Under $30,000, JP Morgan Anticipates Significant ‘Upside'

JPMorgan Chase said in this week's research note that the crypto slide under fair value provides an opportunity for "significant upside" for investors. The post As Bitcoin Remains Under $30,000, JP Morgan Anticipates Significant ‘Upside' appeared first on BeInCrypto.

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One River's bitcoin ETF application got rejected by the SEC because it was not sufficiently protected against fraud and manipulation like most ETF proposals before it so let's read more today in our latest Bitcoin news. The United States Securities and Exchange Commission maintained the perfect record for rejecting BTC spot exchange traded funds when

Legendary investor Bill Miller says the upcoming Ethereum (ETH) switch to a proof-of-stake network will saddle Bitcoin (BTC) with one huge advantage over the top altcoin. In a new interview on The Investor's Podcast Network, the billionaire investor says ETH's switch from a proof-of-work to a proof-of-stake consensus mechanism could increase financial inequality, a problem The post Billionaire Bill Miller Says Upcoming Ethereum Upgrade Will Leave Bitcoin With One Massive Advantage Over ETH appeared first on The Daily Hodl.

Mercado Bitcoin, Latin America's largest crypto exchange, has announced a partnership with the Stellar Development Foundation (SDF) to create a project that will explore use cases for a central bank digital currency (CBDC).  The SDF is “a non-profit organization founded in 2014 to support the development and growth of the open-source Stellar network.” The SDF

Stacks‘ Bitcoin maximalist founder Muneeb Ali said he doesn't own any Ethereum since 2018 because it is losing against Bitcoin as money and as the major smart contract platform. The post Stacks founder claims Bitcoin will ‘win' over ETH appeared first on CryptoSlate.

Fears of a new Bitcoin bottom is around in the market in wake of recent crash involving the Terra ecosystem. Even as the BTC price fluctuates around the $29,000 range, the top cryptocurrency continues to dominate in terms of market share.

As the market is moving towards a more bearish trend, every Bitcoin investor is cautiously watching the indications that are pointing towards a bottom, but the price movement this week suggests that we aren't there yet. The most recent Blockware Solutions Market Intelligence Newsletter discovered evidence of this by looking at the monthly return for …

A closely tracked crypto strategist and trader is warning Bitcoin holders that BTC is poised to hit a new 52-week low. Pseudonymous trader Capo tells his 322,300 Twitter followers another sell-off event is in sight for Bitcoin as the crypto markets continue to show signs of weakness. “Almost the entire market except BTC has made The post Crypto Trader Who Predicted Bitcoin Collapse Below $30,000 Says BTC To Hit New Low – Here Are His Targets appeared first on The Daily Hodl.

Galaxy Digital CEO, one of the top proponents of the failed LUNA token, finally breaks his silence on Terra's collapse of the token in a recent shareholder letter. Novogratz made his investment in Luna in the fourth quarter of 2020, January.  Well, he also devoted a tattoo to the high-lying cryptocurrency, after the implosion of …

Sveriges Riksbank (“Riksbank” for short), which is the central bank of Sweden, has taken to Twitter to debate whether Bitcoin constitutes a currency.  In a series of tweets posted to Riksbank's official Twitter account, Bitcoin is required to meet three strict criteria in order to be considered a currency: function as a custodian (store of

Although the global cryptocurrency market has been volatile in recent days, forcing cryptocurrencies like Terra (Luna) to lose all value, Bitcoin has remained relatively stable. On May 27, the Bitcoin Market Dominance index, which compares BTC's market capitalization to the rest of the cryptocurrency market, hit a new high of about 47%, the highest since …