In a recent analysis, JP Morgan has put forth a compelling prediction for the cryptocurrency market in 2024. While maintaining a cautious outlook on the industry as a whole, JP Morgan has forecasted that Ethereum (ETH) will surpass Bitcoin (BTC)…
There’s an Issue With Ethereum! JPMorgan Raises Alarm on the Increasing Number of Liquidity Providers on Ethereum
The major characteristic of a network like Ethereum is decentralization. However, when it starts moving away from the part of decentralization, there’s a problem. So, this is what JPMorgan is trying to point out in their new report. JPMorgan Raises…
Ethereum’s Shanghai Upgrade Has Been ‘Disappointing,’ JPMorgan Says
Following Ethereum’s Shanghai upgrade in April, JPMorgan’s recent report reveals a decline in daily transactions, daily active addresses, and total value locked (TVL) on the Ethereum blockchain. This upgrade was anticipated to boost activity on the world’s largest smart contract…
Bitcoin to Breach $20K in Coming Weeks?
According to many experts, Bitcoin’s renewed upward trajectory could quickly lead to a much-anticipated breakout over the $20,000 line. Matthew Dibb, COO at Stack Funds, said that, “We have witnessed a large move up over the weekend, with MicroStrategy’s efforts…
JP Morgan: Blockchain Close to Making Money
Blockchain technology has been much talked about since the market booms of 2017. Apart from Bitcoin’s higher highs, the technology has also been mentioned and applied in several sectors. We have seen it applied in data management, security, finance and…
JPMorgan blockchain bullishness remains intact despite the crypto market bear run
JPMorgan blockchain optimism is intact. The American multinational investment banking giant believes that the technology will continue to see increased adoption despite the prevailing downturn in the crypto market. A senior leader in JPMorgan recently expressed his confidence that the…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
