JP Morgan, a prominent American multinational finance company, has recently expressed optimism regarding the future outlook of the Bitcoin price despite recent bearish trends in the market. The bank has outlined a timeline for the conclusion of ongoing Bitcoin liquidations and has predicted a subsequent rebound in the market. According to JP Morgan’s research report,
In recent days, the cryptocurrency market has experienced a significant surge, with an overall increase of $200 billion. This uptrend has been led by major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). BTC saw a 4.5% daily increase, briefly reaching above $63,000, while ETH reclaimed the $3,300 mark. Additionally, meme coins like Dogecoin (DOGE)
Amidst a week of price weakness in the digital asset market, investment products saw a surge in buying activity, with inflows reaching $1.44 billion. This brought the year-to-date inflows to a staggering $17.8 billion, setting a new record in the industry. Despite the significant inflow, trading volumes remained relatively low at $8.9 billion for the
In the ever-evolving financial world, staying informed about market trends and economic changes is crucial. One of the latest developments to watch is the collaboration between Wirex and Visa, two powerhouses in the digital transaction processing industry. Wirex is known for its cutting-edge Web3 money app, while Visa has established itself as a leader in
The Sandbox has recently rolled out a new update that allows users to complete direct LAND transactions directly through its website. This new feature eliminates the need for users to go through third-party platforms like OpenSea to buy or sell LAND. With this in-house capability, users can now list, buy, and manage land transactions seamlessly
South Korean lawmakers have caused quite a stir by proposing a bill to postpone the implementation of the crypto gain tax until 2028. This decision has sparked a debate among experts and enthusiasts in the cryptocurrency industry. On one hand, the ruling political party argues that the negative sentiments surrounding the crypto market necessitate the
Bitcoin has recently surged back to the $63,000 level, marking a two-week high and leading analysts to believe that the downtrend has been broken. According to on-chain analytics platform CryptoQuant, this resurgence has been largely driven by “U.S. whales,” indicating an increase in institutional Bitcoin purchases. The analysis of the Coinbase premium gap has also
The recent incident of an investor losing $240,000 worth of NFTs in a phishing scam on Blur Marketplace serves as a wake-up call to the vulnerabilities within the NFT space. Unlike traditional phishing scams that rely on deceiving emails or messages, this particular scam was based on technical manipulation of the platform’s listing system. By
Recently, XRP has seen a significant increase in its price, outperforming major cryptocurrencies in the market. Amid a cryptocurrency sector rally that pushed the global market capitalization beyond $2.4 trillion, XRP stood out with a notable 27% price increase over a week. This surge has sparked optimism among analysts and traders, with some predicting further
Guild of Guardians, a popular RPG game, has recently introduced a new feature called Idol Sacrifice. This feature allows players to offer their Epic and Legendary Idols in exchange for a chance to mint rare and powerful Guardians. The game has been continuously updated with new features, making it an engaging experience for players worldwide.
