Bitcoin Likely to Drop After the Halving, JPMorgan Says
The bank’s analysis of open interest in bitcoin futures shows that the cryptocurrency is still considered overbought.
The bank’s analysis of open interest in bitcoin futures shows that the cryptocurrency is still considered overbought.
CryptoQuant also said that Ethena’s keep rate should remain above 32% in the event of a bear market.
Analytics firm Santiment’s social-media metrics suggest the crypto crowd is beginning to lean bearish.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
BTC dominance is creeping upwards as Layer-1s and Artificial Intelligence tokens had a rough week, while Google search interest in the halving skyrockets.
Avi Eisenberg faces up to 20 years in prison if he’s convicted on all three counts against him.
Unlike the last Bitcoin halving, a ho-hum affair where Covid-locked-down gawkers had little choice but to tune into livestreamed watch parties, the upcoming Bitcoin halving comes with project launches, competitions and IRL celebrations in Denver and Costa Rica.
Both companies plan to develop new institutional digital offerings, while QCP is set to open an Abu Dhabi shop.
Shomari Figures just won the Democratic primary in Alabama after $2.7 million in outside support from one of the digital assets industry’s main campaign-finance operations.
Tokenization can revolutionize the way transactions are processed. But, for institutions, the highest potential lies in the digital assets themselves, says Nadine Chakar, Küresel Head of Digital Assets at DTCC.