JPMorgan Sounds Alarm Over MicroStrategy’s $20B Bitcoin Buying Spree
CoinGape (RSS)
JPMorgan issued a warning regarding MicroStrategy’s recent $2 billion Bitcoin (BTC) acquisitions within six months. The organization emphasized that MicroStrategy’s Bitcoin buying spree could expedite any potential downturn, which poses a massive risks to the crypto market’s stability.
JPMorgan Issues Warning Against MicroStrategy’s Bitcoin Purchase
In a recent investor note, JPMorgan wrote, “We believe debt-funded Bitcoin purchases by MicroStrategy add leverage and froth to the current crypto rally and raise the risk of more severe deleveraging in a potential downturn in the future.”
MicroStrategy purchased $821 million worth of Bitcoin between February 26 and March 10 after selling $1.2 billion in senior convertible notes earlier this year. These senior convertible notes, which MicroStrategy issued,...
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CoinGape (RSS)
JPMorgan issued a warning regarding MicroStrategy’s recent $2 billion Bitcoin (BTC) acquisitions within six months. The organization emphasized that MicroStrategy’s Bitcoin buying spree could expedite any potential downturn, which poses a massive risks to the crypto market’s stability.
JPMorgan Issues Warning Against MicroStrategy’s Bitcoin Purchase
In a recent investor note, JPMorgan wrote, “We believe debt-funded Bitcoin purchases by MicroStrategy add leverage and froth to the current crypto rally and raise the risk of more severe deleveraging in a potential downturn in the future.”
MicroStrategy purchased $821 million worth of Bitcoin between February 26 and March 10 after selling $1.2 billion in senior convertible notes earlier this year. These senior convertible notes, which MicroStrategy issued,...
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How low can BTC price go? Bitcoin analysis points to $45K
Cointelegraph.com News (RSS)
Bitcoin would still preserve its bull market even if the current BTC price retracement approaches -40%.
Cointelegraph.com News (RSS)
Bitcoin would still preserve its bull market even if the current BTC price retracement approaches -40%.
DePINs to decentralize internet access and connectivity in India
Cointelegraph.com News (RSS)
Wifi Dabba, an Indian internet service provider, is launching a second round of its DePIN-powered devices on the Solana network to bridge the digital divide and connect millions to the internet.
Cointelegraph.com News (RSS)
Wifi Dabba, an Indian internet service provider, is launching a second round of its DePIN-powered devices on the Solana network to bridge the digital divide and connect millions to the internet.
Celsius creditors allege 30% less compensation than promised during bankruptcy
Cointelegraph.com News (RSS)
Some Celsius account holders claim they are being forced to accept U.S. dollars instead of crypto, resulting in much smaller payments than they were initially promised.
Cointelegraph.com News (RSS)
Some Celsius account holders claim they are being forced to accept U.S. dollars instead of crypto, resulting in much smaller payments than they were initially promised.
Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The bank raised its price target for the crypto exchange to $150 from $95.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The bank raised its price target for the crypto exchange to $150 from $95.
Cosmos-Based Canto Blockchain Unveils ‘Cyclone Stack’ in Runup to Polygon Move
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain.
Binance VC Spin-Off: $10 Billion Independent Fund Emerges
Coincu (RSS)
According to Bloomberg, Binance has spun off its $10 billion venture arm, Binance Labs, under CEO Richard Teng. Despite Binance VC spin-off, It remains focused on investing in promising crypto projects.Read more...
Coincu News
Coincu (RSS)
According to Bloomberg, Binance has spun off its $10 billion venture arm, Binance Labs, under CEO Richard Teng. Despite Binance VC spin-off, It remains focused on investing in promising crypto projects.Read more...
Coincu News
Mantle V2 Tectonic Upgrade Has Now Completed
Coincu (RSS)
Mantle Network completes Mantle v2 Tectonic upgrade, improving cost-effectiveness and interoperability.Read more...
Coincu News
Coincu (RSS)
Mantle Network completes Mantle v2 Tectonic upgrade, improving cost-effectiveness and interoperability.Read more...
Coincu News
Biopharmaceutical Company Secures European Patent for Dementia Treatment
Cryptopolitan (RSS)
BioXcel Therapeutics, Inc. (NASDAQ: BTAI), a biopharmaceutical company leveraging artificial intelligence in drug development, has secured a significant milestone in its intellectual property (IP) portfolio. The European Patent Office granted Patent No. 3,562,486 on March 13, 2024, covering a range of sublingual dosage forms, such as films, wafers, and tablets, for BioXcel’s dexmedetomidine treatment for agitation in dementia patients.
European patent grant dementia treatment
This European patent is a crucial addition to BioXcel’s extensive IP portfolio, which includes over 100 patent applications under prosecution and multiple issued patents. “The 486 patent aligns with our focus on expanding our patent portfolio for BXCL501 into Europe,” said Vimal Mehta, Ph.D., CEO of BioXcel Therapeutics. The company believes this strengthens their foundation for potential commercialization in various geo...
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Cryptopolitan (RSS)
BioXcel Therapeutics, Inc. (NASDAQ: BTAI), a biopharmaceutical company leveraging artificial intelligence in drug development, has secured a significant milestone in its intellectual property (IP) portfolio. The European Patent Office granted Patent No. 3,562,486 on March 13, 2024, covering a range of sublingual dosage forms, such as films, wafers, and tablets, for BioXcel’s dexmedetomidine treatment for agitation in dementia patients.
European patent grant dementia treatment
This European patent is a crucial addition to BioXcel’s extensive IP portfolio, which includes over 100 patent applications under prosecution and multiple issued patents. “The 486 patent aligns with our focus on expanding our patent portfolio for BXCL501 into Europe,” said Vimal Mehta, Ph.D., CEO of BioXcel Therapeutics. The company believes this strengthens their foundation for potential commercialization in various geo...
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Aspyr’s Struggle with Star Wars Game Releases
Cryptopolitan (RSS)
The highly anticipated re-release of Aspyr’s Star Wars: Battlefront Classic Collection has met with widespread disappointment from fans. Released on Thursday, the collection has been plagued by numerous issues, including severe multiplayer and connection problems. Many players have reported difficulty in connecting to matches, frequent disconnections, and crashes across various platforms, including Steam and PS5. Additionally, a plethora of bugs and design flaws, such as missing textures, visual glitches, and altered UI, has marred the gaming experience for many.
History of troubled Star Wars game releases by Aspyr
This isn’t the first time Aspyr has faced backlash over its handling of Star Wars game releases. In April 2021, the company re-released Republic Commando, which suffered from a game-breaking bug on the Nintendo Switch version. Similarly, the launch of Knights of the Old Republic 2 on Nintendo Switch in 2022 ...
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Cryptopolitan (RSS)
The highly anticipated re-release of Aspyr’s Star Wars: Battlefront Classic Collection has met with widespread disappointment from fans. Released on Thursday, the collection has been plagued by numerous issues, including severe multiplayer and connection problems. Many players have reported difficulty in connecting to matches, frequent disconnections, and crashes across various platforms, including Steam and PS5. Additionally, a plethora of bugs and design flaws, such as missing textures, visual glitches, and altered UI, has marred the gaming experience for many.
History of troubled Star Wars game releases by Aspyr
This isn’t the first time Aspyr has faced backlash over its handling of Star Wars game releases. In April 2021, the company re-released Republic Commando, which suffered from a game-breaking bug on the Nintendo Switch version. Similarly, the launch of Knights of the Old Republic 2 on Nintendo Switch in 2022 ...
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Investors flock to Bitcoin as Gold takes a backseat in portfolio strategies
Cryptopolitan (RSS)
Bitcoin has emerged as the favored asset among investors, surpassing gold in portfolio allocation when adjusted for volatility, according to an analysis by JPMorgan.
Bitcoin surpasses Gold
In a recent report, JPMorgan managing director Nikolaos Panigirtzoglou revealed that Bitcoin’s allocation in investor portfolios now exceeds that of gold by a significant margin when volatility is taken into account.
Cryptopolitan (RSS)
Bitcoin has emerged as the favored asset among investors, surpassing gold in portfolio allocation when adjusted for volatility, according to an analysis by JPMorgan.
Bitcoin surpasses Gold
In a recent report, JPMorgan managing director Nikolaos Panigirtzoglou revealed that Bitcoin’s allocation in investor portfolios now exceeds that of gold by a significant margin when volatility is taken into account.
JPMorgan raises price target for coinbase amid Ethereum optimism
Cryptopolitan (RSS)
In a recent development, JPMorgan, America’s largest bank, has indicated a bullish stance on the cryptocurrency market, particularly Ethereum (ETH) and its associated network. The bank’s analysts have suggested that the Ethereum network and its native token, ether (ETH), could significantly contribute to the broader cryptocurrency ecosystem and positively impact the earnings of leading cryptocurrency exchange Coinbase (COIN).
JPMorgan’s evaluation and price target adjustment
While maintaining a neutral rating on Coinbase, JPMorgan has revised its price target for the exchange to $150 from $95. This adjustment reflects both the ongoing rally in the cryptocurrency market and the favorable influence that the appreciation of ether has exerted on Coinbase’s revenue streams. However, despite this optimistic outlook, Coinbas...
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Cryptopolitan (RSS)
In a recent development, JPMorgan, America’s largest bank, has indicated a bullish stance on the cryptocurrency market, particularly Ethereum (ETH) and its associated network. The bank’s analysts have suggested that the Ethereum network and its native token, ether (ETH), could significantly contribute to the broader cryptocurrency ecosystem and positively impact the earnings of leading cryptocurrency exchange Coinbase (COIN).
JPMorgan’s evaluation and price target adjustment
While maintaining a neutral rating on Coinbase, JPMorgan has revised its price target for the exchange to $150 from $95. This adjustment reflects both the ongoing rally in the cryptocurrency market and the favorable influence that the appreciation of ether has exerted on Coinbase’s revenue streams. However, despite this optimistic outlook, Coinbas...
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Bitcoin Triumphs Gold In Investor Portfolio Allocation: JPMorgan
CoinGape (RSS)
JPMorgan analysts have noted that allocation of Bitcoin (BTC) in investor portfolios has surpassed that of gold when adjusted for volatility. Specifically, Bitcoin’s allocation is 3.7 times greater than that of gold. Moreover, they pointed out a net inflow of $9 billion into Bitcoin ETFs since their inception, which offsets outflows from Grayscale.
Bitcoin Achieves Milestone Against Gold
JPMorgan’s declaration suggests a potential Bitcoin ETF market size of $62 billion if gold is used as a benchmark. Furthermore, February marked a notably optimistic period for the cryptocurrency market, with the total market capitalization soaring by nearly 40% month-over-month to $2.2 trillion. This surge was primarily driven by a 45% increase in Bitcoin and a 47% rise in Ethereum.
While altcoins didn’t perform as strongly, they st...
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CoinGape (RSS)
JPMorgan analysts have noted that allocation of Bitcoin (BTC) in investor portfolios has surpassed that of gold when adjusted for volatility. Specifically, Bitcoin’s allocation is 3.7 times greater than that of gold. Moreover, they pointed out a net inflow of $9 billion into Bitcoin ETFs since their inception, which offsets outflows from Grayscale.
Bitcoin Achieves Milestone Against Gold
JPMorgan’s declaration suggests a potential Bitcoin ETF market size of $62 billion if gold is used as a benchmark. Furthermore, February marked a notably optimistic period for the cryptocurrency market, with the total market capitalization soaring by nearly 40% month-over-month to $2.2 trillion. This surge was primarily driven by a 45% increase in Bitcoin and a 47% rise in Ethereum.
While altcoins didn’t perform as strongly, they st...
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Binance Partner PancakeSwap Unveils v4 on Ethereum and BNB Chain
CoinGape (RSS)
PancakeSwap, a leading decentralized exchange (DEX), has announced the launch of PancakeSwap v4, marking a significant advancement in the world of Automated Market Makers (AMMs). This latest iteration, set to operate on both the Ethereum and Binance Smart Chain (BNB Chain), represents a notable milestone in the platform’s evolution.
Since its inception as a simple AMM model in 2020, PancakeSwap has rapidly transformed into a prominent multichain DEX, boasting impressive achievements along the way. With a total volume reaching 711 billion, 1.8 million active users, and over 2.24 billion total value locked, PancakeSwap has solidified its position as a key player in the DeFi landscape.
Developers will find immediate accessibility to PancakeSwap v4, enabling them to engage with ...
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CoinGape (RSS)
PancakeSwap, a leading decentralized exchange (DEX), has announced the launch of PancakeSwap v4, marking a significant advancement in the world of Automated Market Makers (AMMs). This latest iteration, set to operate on both the Ethereum and Binance Smart Chain (BNB Chain), represents a notable milestone in the platform’s evolution.
Since its inception as a simple AMM model in 2020, PancakeSwap has rapidly transformed into a prominent multichain DEX, boasting impressive achievements along the way. With a total volume reaching 711 billion, 1.8 million active users, and over 2.24 billion total value locked, PancakeSwap has solidified its position as a key player in the DeFi landscape.
Developers will find immediate accessibility to PancakeSwap v4, enabling them to engage with ...
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Shiba Inu Whale Dumps 1 Tln SHIB As Price Takes Bearish Turn, What’s Next?
CoinGape (RSS)
In the midst of a substantial crypto market selloff witnessed today, March 15, Shiba Inu, an Ethereum-based meme coin, birthed a cyclone of speculations across the broader crypto market as it noted colossal whale activity recently. A whopping 1 trillion SHIB on the move nabbed global attention as Shiba Inu painted a bearish climate across the crypto landscape today, with its price slipping below the $0.00003 mark as of press time.
Following a nearly 200% upswing showcased by SHIB in the past thirty days, this drop has taken crypto market enthusiasts by storm. Despite the community’s continued burning of SHIB, as reported by CoinGape Media today, a roughly 10% drop in price over the past 24 hours...
View original post
CoinGape (RSS)
In the midst of a substantial crypto market selloff witnessed today, March 15, Shiba Inu, an Ethereum-based meme coin, birthed a cyclone of speculations across the broader crypto market as it noted colossal whale activity recently. A whopping 1 trillion SHIB on the move nabbed global attention as Shiba Inu painted a bearish climate across the crypto landscape today, with its price slipping below the $0.00003 mark as of press time.
Following a nearly 200% upswing showcased by SHIB in the past thirty days, this drop has taken crypto market enthusiasts by storm. Despite the community’s continued burning of SHIB, as reported by CoinGape Media today, a roughly 10% drop in price over the past 24 hours...
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Solana Price Rally Eyes $250 as Users Top 1 Million
CoinGape (RSS)
SOL, the native token of the layer 1 ecosystem Solana is riding a steady rally defying current market correction as Bitcoin plunged below $70K. This sell-off has notably affected the altcoin market but the Solana price shows its sustainability above the $165 mark. This strong resilience hints this coin may witness an intense buying momentum if the broader returns to a recovery trend.
Also Read: 3 Reasons Why Solana Price Could Tumble To $140 Before Blasting To $200
Can Solana Price Sustain Above $150?
Solana Price| Tradingview
The Solana coin entered an aggressive recovery trend in late february when the price rebounded from $95.5 support. This bullish ...
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CoinGape (RSS)
SOL, the native token of the layer 1 ecosystem Solana is riding a steady rally defying current market correction as Bitcoin plunged below $70K. This sell-off has notably affected the altcoin market but the Solana price shows its sustainability above the $165 mark. This strong resilience hints this coin may witness an intense buying momentum if the broader returns to a recovery trend.
Also Read: 3 Reasons Why Solana Price Could Tumble To $140 Before Blasting To $200
Can Solana Price Sustain Above $150?
Solana Price| Tradingview
The Solana coin entered an aggressive recovery trend in late february when the price rebounded from $95.5 support. This bullish ...
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