Syed_Traders_20
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🚨Breaking News🚨
🔸 What’s New in Crypto:
JPMorgan sees major upside potential for Bitcoin:
JPMorgan released a gloomy optimistic forecast, saying Bitcoin could surge to about $170,000 within the next 6 to 12 months.Their reasoning: when compared on a volatility adjusted basis with gold, Bitcoin’s risk/reward profile appears attractive though the path remains uncertain.
Recovery underway: Bitcoin & Ethereum rally amid rate cut hopes:
Bitcoin bounced back above $93,000, and Ethereum climbed toward $3,200 a rebound from recent dips.The surge is largely being fueled by market expectations that the U.S. Federal Reserve will cut interest rates soon, pushing investors toward risk assets like cryptocurrencies.
Momentum shift: Ethereum’s “Fusaka Upgrade” triggers renewed interest:
Ethereum’s Fusaka upgrade a major technical update has been completed successfully. This has sparked renewed buying interest in ETH over Bitcoin, per some market signals.The upgrade seems to have boosted optimism around altcoins and decentralized finance (DeFi) tokens tied to Ethereum’s network.
Regulatory & institutional moves shake up the landscape:
In Europe, the major exchange Deutsche Börse struck a partnership with crypto exchange Kraken bridging traditional finance and digital asset markets. The deal could open new doors for institutional crypto adoption and regulated derivatives trading.Meanwhile, in a crackdown against illicit crypto finance, Swiss and German authorities shut down a big crypto mixer service, disrupting crypto linked money laundering operations.
Who’s entering crypto? More women investors at least in India:
According to the latest report from CoinDCX, women’s participation in the crypto market in India has doubled year over year. Their top holdings include Bitcoin, Ethereum, and other major cryptos.This suggests growing demographic diversity and broader mainstream adoption of crypto a trend that could influence global markets if it spreads.
JPMorgan sees major upside potential for Bitcoin:
JPMorgan released a gloomy optimistic forecast, saying Bitcoin could surge to about $170,000 within the next 6 to 12 months.Their reasoning: when compared on a volatility adjusted basis with gold, Bitcoin’s risk/reward profile appears attractive though the path remains uncertain.
Recovery underway: Bitcoin & Ethereum rally amid rate cut hopes:
Bitcoin bounced back above $93,000, and Ethereum climbed toward $3,200 a rebound from recent dips.The surge is largely being fueled by market expectations that the U.S. Federal Reserve will cut interest rates soon, pushing investors toward risk assets like cryptocurrencies.
Momentum shift: Ethereum’s “Fusaka Upgrade” triggers renewed interest:
Ethereum’s Fusaka upgrade a major technical update has been completed successfully. This has sparked renewed buying interest in ETH over Bitcoin, per some market signals.The upgrade seems to have boosted optimism around altcoins and decentralized finance (DeFi) tokens tied to Ethereum’s network.
Regulatory & institutional moves shake up the landscape:
In Europe, the major exchange Deutsche Börse struck a partnership with crypto exchange Kraken bridging traditional finance and digital asset markets. The deal could open new doors for institutional crypto adoption and regulated derivatives trading.Meanwhile, in a crackdown against illicit crypto finance, Swiss and German authorities shut down a big crypto mixer service, disrupting crypto linked money laundering operations.
Who’s entering crypto? More women investors at least in India:
According to the latest report from CoinDCX, women’s participation in the crypto market in India has doubled year over year. Their top holdings include Bitcoin, Ethereum, and other major cryptos.This suggests growing demographic diversity and broader mainstream adoption of crypto a trend that could influence global markets if it spreads.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
