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Tag: News

JPMorgan to accept Bitcoin ETFs as collateral for loans

JPMorgan plans to woo wealthy customers with a new offering that allows them to access loans using spot Bitcoin exchange-traded funds as collateral. According to a Bloomberg report on June 4, the Wall Street giant is set to expand its…...
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Bitcoin Stuck At $105,000: What Does Technical Analysis Say?

Bitcoin (CRYPTO: BTC) continues to hover near key resistance, with traders closely watching support levels to avoid a deeper summer correction. What Happened: In an update in his exclusive Patreon group, prominent analyst Kevin highlighted that BTC has once again failed to break above the $106,800 resistance, a level...
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Moonpig price down 33.91%: is the bottom finally in?

Moonpig has faced a steep 33.91% correction, pushing price action toward a critical inflection point at the local range low. With the current trading range spanning over 166%, volatility is expected to surge, making the next move a key signal…...
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JPMorgan To Accept Crypto-Linked ETFs As Loan Collateral

JPMorgan Chase (NASDAQ:JPM) is preparing to allow clients in its trading and wealth management divisions to use certain cryptocurrency-related assets, specifically Bitcoin (CRYPTO: BTC) ETFs, as collateral for loans. What Happened: Quoting unnamed sources, Bloomberg reported that the bank will initially begin offering financing backed by BlackRock’s iShares Bitcoin...
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Top 3 altcoins to buy in June with staking yields above 10%

Bitcoin and altcoins have traded within a tight range recently as investors position themselves for June, which is historically one of the worst months for cryptocurrencies. Bitcoin (BTC) was trading at $105,000, while the market capitalization of all coins has…...
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