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JPMorgan Expects Crypto Market Recovery Beginning in August


Global investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin liquidations by Mt. Gox creditors and the German government’s seized asset sales...

Bitcoin Recovery Influences ETF Inflow; BTC Breaches $59k


We are far from, or better yet, no longer threatened with, another Bitcoin winter. The crypto market has picked a recovery curve amid massive Bitcoin sell-offs by the German government. Today, BTC surged over $59,200, nearing its previous support at $60,000. The surge has created buying pressure...

Surge in Crypto Scams: FSMA Sees Significant Spike in Recovery Room Fraud


The Financial Services and Markets Authority (FSMA), Belgium’s financial regulatory agency, has published its mid-2024 report, highlighting a significant increase in fraudulent activities, particularly involving trading platforms and cryptocurrency scams. Nearly half of the 1,332 consumer...

Cardano (ADA) price set for recovery with strong investor optimism


Cardano, one of the most popular cryptos, is showing signs of recovery. To complete the shift, the token will need support from investors and the market. If Cardano manages to register a hike, its unprofitable supply of 1.7 billion tokens can turn profitable. According to the latest ADA forecast...

BTC teases $70k when SOL, ETH, and ADA eye recovery


Bitcoin ($BTC) is below $64,000 at the press time. However, that has not stopped the community from speculating a rebound to $70,000. One reason is its potential – pretty much the same thing that pulled it from the low $20,000 to an ATH of around $74,0000. Solana ($SOL) and Ethereum ($ETH)...

Whales transfer over 52M XRP to exchanges amid price recovery


XRP is showing signs of price recovery by hovering within a defined range. This is a good signal, as the token aims for a higher milestone and the XRP lawsuit nears its settlement. In this scenario, two transactions stand out. Their collective transfer to centralized exchanges amounts to more than...

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