Categoria: Uncategorized

JP Morgan Chase (JPM) Elliott Wave Analysis: Bullish Structure Remains Intact with Key Support at $215 and Upside Targets Toward $350–$395 into 2025 JP Morgan Chase & Co. (NYSE: JPM) continues to show a strong bullish structure, as reflected in the latest Elliott Wave analysis. The monthly chart indicates that JPM is trending higher within…

Shares of Bank of China Hong Kong unit jumped 6.7% on Monday, closing at HKD 37.58, after local reports revealed the state-owned lender is preparing to apply for a stablecoin issuer license under Hong Kong’s new regulatory framework. The news has fueled speculation that one of China’s largest banks could soon issue a state-backed stablecoin,…

Solana validators overwhelmingly support the SIMD-0326 Alpenglow consensus upgrade with 99.60% approval. The revolutionary consensus mechanism would replace TowerBFT with a direct voting system, reducing block finality from 12.8 seconds to as low as 100-150 milliseconds while achieving Web2-level performance. Source: SIMD Votes Validators Rally Behind Historic Consensus Transformation Voting began on August 27 across…

Digital asset investment products bounced back last week, drawing in $2.48 billion in inflows after a brief period of outflows. Key Takeaways: Digital asset products saw $2.48B in weekly inflows, pushing August’s total to $4.37B. Ethereum led the charge with $1.4B in inflows, while Bitcoin saw continued outflows. Altcoins like Solana and XRP gained momentum…

A popular trader shared a bullish Dogecoin price prediction that anticipates an explosive upward move at any point now after a descending triangle breakout was confirmed in a key chart. CryptoKaleo, a crypto analyst whose X account is followed by over 700,000 users, posted a DOGE/BTC chart that shows how the price action reversed its…

Bitcoin is currently trading at $109,242, with a 24-hour volume exceeding $61.2 billion. It’s up 0.87% in the last 24 hours, with both retail and institutions buying. Analysts say this is similar to the 2020 rally that took Bitcoin to all-time highs. Data from Bitwise shows that 28 new companies built Bitcoin treasuries in July…

The Bitcoin Cash price prediction has taken a more positive turn after Tether reversed its earlier decision to fully discontinue USDT operations on the Bitcoin Cash blockchain. Tether had initially announced plans to phase out USDT support across five blockchains – including Bitcoin Cash – with redemptions set to end by September 1. However, in…

JPMorgan Chase (JPM) trades at $301.42, testing a breakout zone near its 52-week high. This level signals strong bullish momentum. The stock remains above its 50-day and 200-day moving averages by 3.39% and 15.00%, respectively. Investors continue to show confidence in JPM’s earnings and strategic direction. Despite macro uncertainty and policy shifts, the bank maintains…

The market generally expects the Federal Reserve to gradually initiate a monetary easing cycle to address economic growth pressures. Against this backdrop, liquidity will accelerate its return to high-risk markets like stocks and cryptocurrencies. Analysts believe that if the interest rate cut is officially implemented in September, XRP is expected to see a new wave…

Ethereum co-founder Joseph Lubin predicts a 100x ETH rally over time as the second-largest cryptocurrency emerges as Wall Street’s preferred token in the transition from TradFi to DeFi. In an August 30 X post, the Ethereum co-founder, who is also the founder of OG blockchain software company Consensys, said that ETH will likely 100x from…