Crypto analyst Ali Martinez has pointed out a crucial factor that could drive Bitcoin to reach $76,000. However, failing to achieve this milestone may lead to a significant drop in the flagship cryptocurrency’s price. Martinez’s assessment is based on the Market Value To Realized Value (MVRV) extreme deviation pricing bands, indicating a potential retest of
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Franklin Templeton CEO Jenny Johnson recently expressed her enthusiasm for blockchain technology, highlighting its potential in revolutionizing the asset management industry. Johnson believes that ETFs and mutual funds will eventually migrate to the blockchain, citing the cost-effectiveness and efficiency of the technology. Tokenized ETFs and the Benefits of Blockchain Research analyst Kent Thune elaborates on
Russian energy firms are gearing up to target private individuals who are mining cryptocurrency at home, according to a recent report. The Russian Government Expert Council is said to be preparing to present new mining-related proposals to the Cabinet, which will be bundled into a set of crypto laws. These laws also include plans to
Bitcoin has been on a downward trend since hitting its peak in March, leading many in the crypto community to adopt a “buy-the-dip” sentiment. However, recent data from the crypto analytics platform Santiment suggests that enthusiasm for purchasing discounted Bitcoin is waning as consolidation continues around the $60,000 price level. This shift in sentiment could
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In a surprising turn of events, JP Morgan, one of the largest banks in the United States, has made a bold move by announcing its investments into Spot Bitcoin ETFs. This decision marks a significant shift from the bank’s previous stance on cryptocurrencies, showcasing a newfound exposure to BTC, the world’s largest cryptocurrency. Joining JP