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Bitcoin’s Current Fair Price Is Around USD 38,000 - JPMorgan


  US investment bank JPMorgan estimates that the “fair value” of bitcoin (BTC) is around USD 38,000, basing its valuation on the crypto’s volatility in comparison with gold. The estimate, developed by a team of strategists led by Nikolaos Panigirtzoglou, was published yesterday in a note,...

Polygon Raises $450,000,000 Through Private Token Sales


Polygon recently released an official post about raising sound 450 million dollars in its latest private sales round. The network conducted the private sale of its native token, Matic, where names like SoftBank, Sequoia Capital India, Tiger, Galaxy, Republic Capital, etc. offered support....

Technical Analysis: Bitcoin Hits $40,000, as LEO Leads Friday Rally


Bitcoin rallied above $40,000 on Friday, however, this was not the biggest mover in crypto markets to end the week. Cryptocurrencies climbed today, following news that over 400,000 jobs were added to the U.S. economy last month. Biggest gainers Bitcoin (BTC) climbed to $40,000, ethereum was fast...

Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit


On February 2, 2022, the Wormhole Network’s ethereum ↔ solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds have been restored and Wormhole is back up.” The team has also said...

Bitcoin, Ethereum Technical Analysis: Ethereum Surges 10% to Start February


Cryptocurrencies traded higher to start the month of February, as markets look to forget January’s red wave. ETH is trading close to 10% higher as of writing, with bitcoin gaining almost 4% today. Bitcoin Bitcoin, which fell by as much as $16,000 last month, has recently started to regain...

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