Franklin Templeton CEO Jenny Johnson, a prominent figure in the finance industry, has expressed her enthusiasm for blockchain technology. In an interview with Bloomberg, Johnson highlighted the potential for exchange-traded funds (ETFs) and mutual funds to be integrated into the blockchain. She emphasized the cost-efficiency and effectiveness of utilizing blockchain technology in asset management. With
Crypto analyst Ali Martinez has pointed out the key factors that need to occur for Bitcoin to reach $76,000. Martinez warned that if these conditions are not met, there is a high risk of Bitcoin plummeting to levels not seen since the beginning of the year. According to Martinez, Bitcoin has the potential to surge
Bitcoin Cash price has been experiencing extended losses, recently dropping below the critical $450 support level. Currently, BCH is in a consolidation phase and may show signs of a potential recovery if it manages to break above the $440 mark. The price of Bitcoin Cash is currently trading below $440 and the 100 simple moving
Dogecoin has experienced a tumultuous period in the cryptocurrency market as it traded below the critical $0.1420 support level against the US Dollar. Despite initial losses, DOGE is now in a phase of recovery, although it faces significant challenges as it approaches the $0.1450 mark. The current price action of Dogecoin indicates that it is
Ethereum price is facing a challenging time as it struggles to surpass the $2,950 resistance level. Despite multiple attempts to break through, ETH continues to face rejection, leading to a fresh decline in its value. The current price trend indicates a bearish momentum, with a potential downward movement towards the $2,550 support level in the
Recent reports have indicated that Russian energy firms are gearing up to take action against private crypto miners operating within the country. The Russian Government Expert Council is reportedly set to send new proposals related to mining to the Cabinet. These proposed measures are part of a larger package of crypto laws that aim to
The recent decline of Bitcoin from its all-time high in March has caused a shift in sentiment among crypto traders. The enthusiasm for buying the dip at the $60,000 price mark seems to be fading according to Santiment, a crypto analytics platform. This could be signaling that Bitcoin is approaching a bottom, based on historical
The recent stagnation in the price of Bitcoin has raised concerns among investors, with the premier cryptocurrency losing support at the $60,000 level. This slowdown in price movement is not the only cause for worry, as data from Santiment indicates that on-chain activity on the Bitcoin network has also witnessed a significant decline in recent
In a surprising move, JP Morgan and Wells Fargo, two major players in the US financial sector, have recently disclosed their investments in Spot Bitcoin ETFs. This announcement marks a significant shift in their previous cautious stance towards cryptocurrencies. Despite the ongoing downturn in the crypto market, with Bitcoin’s price hovering just above $60,000, these
AVAX, the native utility token of the Avalanche blockchain, is currently ranked 12th by market cap. With a total supply of 440,043,419 AVAX and a total trading volume of over $396,250,098 in the last 24 hours, AVAX has been facing a downward trend since its recent pullback at $36.15. The general cryptocurrency market is currently