In a ground-breaking Bitcoin news development today, financial giant JPMorgan on Friday said it plans to allow its institutional and high-net-worth clients to use BTC and ETH directly as collateral for loans. This comes as traditional financial giants such as BlackRock, Morgan Stanley, and Goldman Sachs enter the crypto market amid a pro-crypto regulatory landscape. […]
The U.S. Bureau of Labor Statistics (BLS) will release the Consumer Price Index (CPI) data on Friday, despite the U.S. government shutdown. Investors are bracing for the U.S. Federal Reserve’s preferred inflation gauge, seeking further cues on whether crypto market could crash again. How US CPI Estimates by JPMorgan and Other Wall Street Giants The […]
Rowe Price has filed for its first actively managed crypto exchange-traded fund (ETF). It is one of America’s most established investment giants with $1.68 trillion in assets under management. Rowe Price ETF Targets Leading Crypto Assets Like BTC, ETH The registration that was submitted to the U.S. Securities and Exchange Commission (SEC) will be the […]
Kadena has announced it was shutting down operations, sending its KDA price into a freefall. In light of this, Cardano founder Charles Hoskinson publicly offered to connect with the project’s community. This has led to speculation of a potential partnership. Cardano Founder Extends a Hand to Kadena In a post on X, Charles Hoskinson signaled […]
Leading asset manager ProShares is seeking to establish a new crypto ETF tracking the CoinDesk 20 Index. Hence, it has registered with the Securities and Exchange Commission (SEC) in the United States to seek approval. It evaluates the performance of the 20 best-performing cryptocurrencies in terms of market capitalization. ProShares ETF to Track CoinDesk 20 […]
Aster is regaining momentum in the perp DEX space as it outpaces Lightchain in 24-hour volume. This comes as Wintermute quietly accumulated millions of tokens following a period of aggressive selling. Aster Reclaims Top Spot in Perp DEX Rankings According to DefiLlama data, Aster led the perpetual decentralized exchange (perp DEX) market with over $10.6 […]
Elon Musk shook the crypto market by posting an image of his Shiba Inu dog, Floki wearing clothing of a CEO. This caused the price of FLOKI token to climb quickly. Within hours of the post, FLOKI surged by over 20%, climbing from $0.00006689 to a peak of $0.00008043, according to TradingView. FLOKI Tops Crypto […]
Global stocks and crypto markets are bracing for the US CPI inflation data release this Friday. The CPI data could significantly raise volatility and uncertainty in the crypto market and impact the upcoming Fed rate cut. Investors are also closely monitoring upcoming trade talks between the United States and China. The “Unusual” CPI Release During […]
Famous technical analyst John Bollinger have found possible W bottoms in Ethereum (ETH) and Solana (SOL) charts. These are patterns often seen before bullish reversals. However, Bollinger, famous for creating the Bollinger Bands indicator noted that Bitcoin (BTC) is yet to display a similar setup. Bollinger Highlights Key Divergence Between Bitcoin and Altcoin Setups In […]
Tom Lee, chairman of BitMine, believes the pullback in the crypto market represents a golden buy opportunity for investors. This comes as President Trump confirmed that he would be meeting with China to negotiate the U.S tariffs. Tom Lee Calls for Calm as Markets Correct In a recent post, Tom Lee acknowledged that market anxiety […]