Wednesday, May 8, 2024
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JPMorgan turns bullish on Bitcoin citing ‘potential long-term upside’

JPMorgan, the $316 billion investment banking giant, said the potential long-term upside for Bitcoin (BTC) is “considerable.” This new optimistic stance towards the dominant cryptocurrency comes after PayPal allowed its users to buy and sell crypto assets.JP Morgan, from "Bitcoin is a fraud and will blow up" in 2017 to

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Ethereum’s on-chain activity surges and bullish sentiment spikes

The latest findings by Santiment, published in Cryptox Consulting’s biweekly newsletter, indicates that discussions around Ethereum have switched from highly bearish to predominantly bullish. Historically, this hasn’t meant good news for the token's price.Ethereum’s on-chain activity, measured by unique daily addresses, has rebounded from its nose dive at the end

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