JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in Futures

JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in Futures

“Investment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. The bank’s analysts look at the trend in bitcoin futures and see “an unusual development and a reflection of how weak bitcoin demand is at the moment from institutional investors.” However, a number of people disagree with this”

Source: Bitcoin News

India to regulate, not ban, crypto: Cabinet documents

“Indian crypto investors will reportedly be given a certain time frame to declare their crypto holdings, and must then hold their assets on crypto exchanges regulated by SEBI. According to reports from local media, the Indian government will not move for an outright ban on crypto and will instead regulate

Academic research claims ETH is a ‘superior’ store of value to Bitcoin

“The report highlights the merits of EIP-1559 as a tool for making ETH a deflationary cryptocurrency and potentially better store of value than Bitcoin. Australian university researchers have questioned Bitcoin’s reputation as the best store of value network in cryptocurrency, with Ethereum on track “to becoming the world’s first deflationary