Bitcoin Likely to Drop After the Halving, JPMorgan Says
The bank’s analysis of open interest in bitcoin futures shows that the cryptocurrency is still considered overbought.
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The bank’s analysis of open interest in bitcoin futures shows that the cryptocurrency is still considered overbought.
Analytics firm Santiment’s social-media metrics suggest the crypto crowd is beginning to lean bearish.
Cryptocurrency data provider CryptoQuant has said that holders of Ethena Labs’ USDe stablecoin should monitor the project’s reserve fund to avoid risks related to the potential of a negative funding rate.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
BTC dominance is creeping upwards as Layer-1s and Artificial Intelligence tokens had a rough week, while Google search interest in the halving skyrockets.
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