JPMorgan places BTC fair price at $38K, declares crypto a preferred alternative asset
The banking giant says Terra’s collapse did not appear to harm the VC market, and things will be looking up for crypto as long as VC stays in.
Price analysis 5/25: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
Bitcoin and the major altcoins remain stuck in a range as traders search for the next factor that will start a directional move.
Binance signs MOU with Kazakhstan to further crypto adoption and regulation
Binance CEO Changpeng Zhao met with Kazakhstan’s president and his senior staff on Wednesday to discuss long-term cooperation.
Brazil’s Federal Revenue now requires citizens to pay taxes on like-kind crypto trades
The Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil’s national currency.
Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund
Polkadot parachains posted double-digit gains after partnership announcements, protocol integrations and a stablecoin development fund caught the attention of the crypto investors.
Bankman-Fried faces down roomful of futures industry insiders at CFTC roundtable
The discussion of FTX.US’s proposal for non-intermediated margined products clearing highlighted unknown factors and need for more regulatory framework.
‘Extreme fear’ grips Bitcoin price, but analysts point to signs of a potential reversal
Sideways crypto price action persists as the Federal Reserve confirms its plan to continue raising interest rates, but analysts spot a silver lining.
Nvidia shares plunge after Q1 figures, crypto mining card revenue ‘nominal’
Graphics card giant Nvidia reported “nominal” sales of its crypto mining chips and expects overall revenues to be down in Q2, which drove down its share price.
Developing countries love the Metaverse, rich nations not keen: WEF survey
Developing countries have more than double the amount of people positive that the Metaverse will impact their lives and they’d use it daily in comparison to developed countries.
Ethereum Beacon Chain experiences 7 block reorg: What’s going on?
“This reorg is not an indicator of a flawed fork choice, but a non-trivial segmentation of updated vs out of date client software” suggested Core Ethereum developer Preston Van Loon.
