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Banking giant JPMorgan (NYSE: JPM) is reportedly preparing to accept cryptocurrency-linked assets, including Bitcoin (BTC) exchange-traded funds (ETFs), as loan collateral. The bank will initially offer financing against crypto ETFs, beginning with BlackRock’s iShares Bitcoin Trust, Bloomberg reported on June 4.  This move marks a significant expansion of JPMorgan’s crypto-related offerings and comes at a time of broader regulatory easing under the new U.S. administration. Previously, JPMorgan accepted such collateral on a limited, case-by-case basis. However, under the new plan, crypto ETFs will be treated more like traditional assets, such as stocks or real estate, when evaluating a client’s borrowing capacity. The report also noted that the initiative, expected to launch in the coming weeks, will likely include additional cryptocurrency investment products. Crypto in wealth management  Moreover, JPMorgan plans to factor cryptocurre...

Summary ⚈ A large XRP transfer to Coinbase by an unidentified whale suggests a potential sell-off, raising concerns about downward price pressure. ⚈ XRP’s price has risen amid anticipation of ProShares launching three XRP futures ETFs on April 30, following SEC approval. ⚈ XRP is trading at $2.30, with key support at $2.20 and resistance at $2.50, indicating potential for significant price movement in either direction. XRP’s recent short-term gains may be short-lived, as on-chain data suggests whale activity could signal an impending sell-off. Specifically, on April 28, a massive transfer of 29,532,534 XRP, worth approximately $68.7 million, was moved from an unknown wallet to crypto exchange Coinbase, according to Whale Alert data.  XRP whale transaction. Source: Whale Alert Large transfers of XRP to exchanges are often considered precursors to sell-offs, which can exert downward pressure on prices. Typically, such movements indicate tha...

A Bloomberg ETF analyst has shared his predicted timeline for the approval of new crypto ETFs for Ripple XRP; Litecoin LTC, and Solana SOL. 2025 is expected to be bigger for crypto than 2024, which saw the arrival of Bitcoin and Ethereum ETFs. Bloomberg Senior ETF Analyst Eric Balchunas agrees with this sentiment, publishing his latest newsletter with dates he anticipates will bring the launch of new altcoin ETFs. On Tuesday, Balchunas stated that we can expect “a wave” of new cryptocurrency ETFs in 2025. First out is likely the BTC and ETH combo ETFs, then prob Litecoin (because its fork of BTC = commodity), then HBAR (because it’s not labeled security), and then XRP/Solana (which have been labeled securities in pending lawsuits),” he added. Better Chances for Crypto ETF Approvals in 2025? With a newly structured SEC come 2025, experts expect looser regulation on the crypto industry. Donald Trump’s crypto-friendly administration is also set to play a part, openi...

Gold has dominated the world by acting as a safe-haven asset for many investors for as long as one can remember. However, with the US treasury recently touting Bitcoin as “digital gold,” a new paradigm shift is upon us to take note of. Bitcoin’s meteoric rise to $110K was momentous in many ways, challenging the decades-long legacy of gold as a potential safe haven asset. This brings investors to question the inevitable, enquiring whether Gold is truly losing its footing in the financial realm. Also Read: Ripple: AI Predicts XRPs Price For January 1st 2025 Is Bitcoin The New Gold? Image Source: Watcher Guru As the end of 2024 approaches hard and fast, the lingering questions related to which asset is more lucrative remain unchanged. The fight between Bitcoin and Gold has now become fierce as new changing paradigms are shifting gears, turning both assets into the next generation of safe-haven investments to keep an eye on. JUST IN: Blackrock’s #Bitcoin ETF is officially BIGGER than its ...

As of October 16, Bitcoin has surged past $67,000 in 24 hours, marking significant activity in the cryptocurrency market. Altcoins are recording gains, with Arbitrum seeing a 0.75% rise and Stellar increasing by 1.01%. The upcoming U.S. presidential elections are adding uncertainty, as potential outcomes could impact cryptocurrency prices. Additionally, Grayscale plans to convert Solana, Avalanche, and XRP trusts into ETFs, which has attracted further interest. As the market continues to shift, investors are looking for the best cryptocurrencies to invest in right now . By analyzing price movements and institutional trends, they hope to identify promising altcoins that could offer strong potential for future growth. Best Cryptocurrencies to Invest in Right Now Arbitrum has recently expanded its capabilities by partnering with the Tria platform, aiming to improve chain abstraction. Meanwhile, NEAR Protocol is currently valued at $4.99, reflecting a 2.45% rise over the past week. Ad...

The launch of ETFSwap's own ETF in 2025 is a wonderful milestone for the continued growth and adoption of ETFSwap’s innovative platform in the crypto DeFi space. This strategic ETF launch will provide the best platform to trade spot Bitcoin (BTC) and spot Ethereum effectively and efficiently.  The Groundbreaking Features Of ETFSwap (ETFS) That The ETF Launch Will Reveal The strategic launch of ETFSwap’s ETF in 2025 is set to unveil several groundbreaking features of ETFSwap (ETFS) that will highlight its innovative decentralized ETF trading platform. These features will showcase ETFSwap (ETFS)’s innovation in the decentralized finance space (DeFI) and its ability to integrate traditional finance elements into a blockchain platform. One of these features is ETFSwap’s fully decentralized ETF trading platform that eliminates the need for intermediaries, like brokers or custodians in its decentralized ETF trading. This feature allows users to have total...