Major Bitcoin Warning from JPMorgan: Spot ETF Demand Overestimated
TL;DR JPMorganās Warning: JPMorgan Chase & Co. has warned that the demand for Bitcoin spot ETFs is overestimated, with much of the $25 billion in inflows
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
TL;DR JPMorganās Warning: JPMorgan Chase & Co. has warned that the demand for Bitcoin spot ETFs is overestimated, with much of the $25 billion in inflows
TL;DR Advanced Security: The Trezor Safe 5 features aĀ larger color touchscreen,Ā haptic feedback, and aĀ novel secure element chipĀ for enhanced security, supporting a wide range of cryptocurrencies and
TL;DR Bitcoin miners increase sales amid financial pressures. Mass transfers from mining pools and OTC sales. Mining companies reduce holdings significantly. In the current Bitcoin market,
TL;DR U.S. Inflation Stabilizes: The U.S. Consumer Price Index (CPI) for May 2024 showed no change from the previous month, remaining at 3.3%, indicating a potential
TL;DR DeFi Technologies announces the launch of a validator node on Core Chain, a Bitcoin-powered blockchain. The collaboration with Core Foundation drives the initiative, with plans
TL;DR Basis Trade Surge: The net short interest in Bitcoin futures has soared to overĀ $7.5 billionĀ due to the rising popularity of the basis trade strategy, which
TL;DR Donald Trump met with top Bitcoin mining executives and pledged to champion the industry if re-elected, saying he wants all remaining Bitcoin to be “made
TL;DR Change in Bitcoin Metrics: Although active Bitcoin addresses have decreased, the Runes protocol has increased the number of transactions, reaching a monthly average of 617
TL;DR Bitcoin ETFs in the U.S. saw net outflows of $65 million on Monday, breaking a 19-day streak of net inflows. Grayscale’s GBTC led the outflows
TL;DR Bitcoinās Brief Dip: Bitcoin (BTC) experienced a sharp decline, falling below the $67,000 threshold to a low of around $66,900, marking a near 4% drop
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