JP Morgan, a prominent American multinational finance company, has recently expressed optimism about the future performance of Bitcoin, despite recent bearish trends in the market. The bank has provided a timeline for the conclusion of ongoing BTC liquidations, forecasting a potential rebound in the market. According to a research report released by JP Morgan, the
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The recent partnership between Wirex and Visa has sparked excitement in the financial world, as two major players in digital payment processing come together to revolutionize the way we handle transactions. Wirex, known for its cutting-edge Web3 money app, and Visa, a frontrunner in global digital payments, have joined forces with the goal of advancing
South Korean lawmakers have recently put forward a bill to postpone the implementation of crypto gain tax until 2028. The ruling political party expressed concerns about the current negative sentiments surrounding the crypto industry as the primary reason for seeking an extension. They emphasized the fact that with the declining investment sentiment towards virtual assets,
Metaplanet, a Tokyo-based investment firm, recently made a significant purchase of 42.4 Bitcoin for ¥400 million ($2.4 million) to add to their holdings. This move is part of the company’s efforts to strengthen its long-term financial strategy by holding the cryptocurrency as a “strategic treasury reserve asset.” The decision to invest in Bitcoin by Metaplanet
Guild of Guardians continues to push the boundaries of Web3 gaming with its immersive RPG experience and NFT integration. One of the latest and most exciting features introduced to the game is Idol Sacrifice, offering players the opportunity to obtain rare and powerful Guardians through a challenging yet rewarding process. Idol Sacrifice is a feature
In the 2024 presidential election, it is clear that cryptocurrency has become a significant factor in shaping voter opinions. Recent polls have shown that a substantial number of Republicans have shifted their views on Donald Trump due to his newfound support for cryptocurrencies. This change in stance has influenced 13% of Republicans who initially did
The upcoming United States elections set for November have the potential to reshape the American crypto industry. This is mainly due to the conflicting views of candidates on digital assets. As the race heats up, it is becoming apparent that crypto voters could play a pivotal role in determining the outcome of key races, especially
The recent price movement of Bitcoin has shown signs of recovery, as the premier cryptocurrency climbed above $58,000 over the past week. A notable crypto analyst, Ali Martinez, has pointed out an interesting chart formation that indicates a potential continuation of this resurgence. According to Martinez’s analysis on the X platform, Bitcoin seems to be
Bitcoin’s price has been fluctuating between $54,000 and $60,000 over the last seven days, sparking discussions and predictions about its future trajectory. With key factors such as the launch of Ethereum ETFs and Germany’s Bitcoin sales, analysts are divided on whether the cryptocurrency will see a surge or a drop in its value. Some analysts,
The recent decline in the Bitcoin price has investors worried as it dropped back toward the $56,000 level after a brief pump triggered by CPI data release on Thursday. Despite the desperate attempts from bulls to keep the price up, the bearish trend has continued. One crypto analyst, who goes by the pseudonym ‘Luca VIP’