Recently, analysts at JPMorgan have expressed caution regarding Bitcoin’s future trajectory post the Bitcoin Halving event. Despite the general optimism surrounding the Halving, JPMorgan strategists believe that the flagship cryptocurrency might still face challenges before experiencing significant upward movement. Citing factors such as net outflows in Spot Bitcoin ETFs and sustained open interest in CME
WisdomTree, a Bitcoin exchange-traded fund (ETF) issuer, has recently obtained regulatory approval from the New York State Department of Financial Services (DFS) to operate its digital asset business within the state. The company received a limited-purpose trust company charter under the New York Banking Law, allowing it to introduce its WisdomTree Prime platform in New
Since March 20, Cardano has been hovering in the $0.61 to $0.64 range, showing signs of consolidation. However, it has lagged behind other cryptocurrencies like Solana and Avalanche, which have experienced significant price gains. The prevailing bearish sentiment in the market has been reflected in the lackluster performance of ADA. While Solana has been receiving
Cardano (ADA) has recently experienced a downward trend in the cryptocurrency market, following the overall bearish sentiment affecting major digital assets. Despite a 20% retracement from its 22-month high of $0.810 on March 14, there are indications that ADA might be on the brink of a potential trend reversal. This shift in momentum could pave