JPMorgan said that according to a survey, majority of its clients expect bitcoin to trade at $60,000 or more by the end of this year.The Wall Street giant said in a note published last week that 55% of the clients surveyed see bitcoin reaching the $60,000 barrier.According to the survey, 41% of the bank’s clients see bitcoin trading at $60,000 at year-end, 9% see it crossing … [Read more...] about Majority of JPMorgan Clients Expect Bitcoin to Trade at $60K or More by Year-End
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What should the crypto industry expect from regulators in 2022? Experts answer, Part 2
Michelle is the CEO of the Association for Digital Asset Markets, which works in partnership with financial firms and regulatory experts to devise a code of conduct for digital asset markets. “2021 was the year Washington woke up to the digital assets industry. The year started with the rushed FinCEN “Unhosted Wallets” proposal, which the industry … [Read more...] about What should the crypto industry expect from regulators in 2022? Experts answer, Part 2
What should the crypto industry expect from regulators in 2022? Experts answer, Part 1
Hatu is the co-founder and chief strategy officer of DAO Maker, which creates growth technologies and funding frameworks for startups while simultaneously reducing risks for investors. “2021 has been a stop-start year for crypto and DeFi, as regulatory bodies have not clarified their stance on the industry. This has held back the retail population from getting … [Read more...] about What should the crypto industry expect from regulators in 2022? Experts answer, Part 1
Bitcoin Celebrates Birthday on a Dull Note, Analysts Expect Sideways Trading
The chart below shows the recent decline in transaction counts on Bitcoin’s blockchain. In previous cycles, an initial burst of activity supported rallying prices, but recently, transactions failed to sustain any meaningful momentum, according to crypto data firm Glassnode. Source link … [Read more...] about Bitcoin Celebrates Birthday on a Dull Note, Analysts Expect Sideways Trading
Bitcoin Bounces After Fed Decision, Analysts Expect Sideways Trading
Despite higher losses, however, blockchain data suggests that some investors continue to hold bitcoin. For example, the balance of BTC on exchanges has continued to decline this year, which could mean investors prefer to hold bitcoin in their wallet instead of making it available for sale on the exchange. Source link … [Read more...] about Bitcoin Bounces After Fed Decision, Analysts Expect Sideways Trading