JPMorgan Asset Management Says China Remains ‘Irreplaceable’
JPMorgan Chase & Co. will continue hiring in China for its asset management business as it targets growth in the world’s second-largest economy. “ industry remains an irreplaceable growth market for global asset managers,” Desiree Wang, JPMorgan Asset Management China…
Bitcoin Bull Run Far From Over, Says Crypto Trader Alex Krüger: ‘We’re Very Far Off On The Wirehouse Side’
Crypto trader and noted economist Alex Krüger believes that the Bitcoin (CRYPTO: BTC) bull market is just warming up, with the full effects of the recently sanctioned Bitcoin ETFs yet to unfold. What Happened: In a recent conversation on the…
Bitcoin: Are This Week’s Highs Next Week’s Lows?
In a February 19 Barchart article, I wrote: Bitcoin looks set to challenge the November 2021 high, but make sure you do not get caught holding the bag when the bullish music stops. Spot Bitcoin was at the $52,217.70 level…
Vladimir Putin’s gold strategy explains why sanctions against Russia have failed
There are more than 16,000 sanctions imposed against Russia. Yet the Russian economy and war machine grew by 3.6 per cent in 2023 and is projected to grow another 2.6 in 2024. Nearly six per cent of Russia’s gross domestic…
Digital assets see new record of $2.9 billion weekly inflows
Digital assets saw a new weekly record as inflows hit $2.9 billion last week. Bitcoin recorded inflows of $2.86 billion, while Ethereum, Solana and Polygong saw minor outflows. CoinShares shared the details in its Digital Asset Fund Flows report published…
MicroStrategy Stock Gives Back Gains As Bitcoin Slides: What’s Going On?
MicroStrategy Inc (NASDAQ:MSTR) shares are trading lower Monday. The company recently announced the pricing of its convertible senior notes offering. The stock may also be down amid pre-planned sales by MicroStrategy co-founder and executive chairman Michael Saylor. What To Know:…
Bitcoin worth $1 billion on the move: What should you do now?
Large BTC addresses showed uncertainty amid market correction. Retail interest declined as whales made significant moves. As Bitcoin’s [BTC] price rose to new heights, positive sentiment around the king coin grew significantly. However, in the last few days, the bullish sentiment around…
Bitcoin: All about its latest ‘high’ as BTC falls below $67K
Bitcoin’s transaction volume sat at a two-year high at press time. BTC’s Weighted Sentiment has turned negative. Bitcoin’s [BTC] daily transaction volume has surged to its highest point since 2022, reflecting an increase in economic activity on the blockchain network. According…
Why Ethereum’s circulating supply keeps falling to new lows
Increased demand for the Ethereum network has led to a surge in burn rate. This has brought about a decline in the coin’s circulating supply. Ethereum’s [ETH] circulating supply has fallen to a new post-merge low, according to data from Ultrasound.money. In…
Are Bitcoin miners the reason why your BTC holdings fell?
Bitcoin was down by more than 5% in the last 24 hours. Market indicators hinted at a continued price decline. Bitcoin [BTC] continued to witness price corrections, as its value had dropped below the $66K mark at press time. Though there…