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JPMorgan and CNBC Jim Cramer Predict S&P 500 to Rally to New Highs, Bullish Bitcoin Trend to be Expected

JPMorgan and CNBC Jim Cramer Predict S&P 500 to Rally to New Highs, Bullish Bitcoin Trend to be Expected

JPMorgan predicts that equities could rally 47% from here, after its 40% rebound from its lows in March, hinting at a possible Bitcoin bull run. Strategists at JPMorgan recently suggested that Bitcoin successfully passed its “first stress test” during March’s global economic crisis.

Bitcoin Should Benefit from the US Dollar Crash, says Top Economist Stephen Roach

Bitcoin Should Benefit from the US Dollar Crash, says Top Economist Stephen Roach

Stephen Roach, former Chairman of Morgan Stanley’s Asia division and Yale University senior fellow said that cryptocurrencies including Bitcoin should benefit from the US dollar’s decline.

Bitcoin’s Price Finally Showing Signs of Macro Decoupling from the Stock Market

Bitcoin’s Price Finally Showing Signs of Macro Decoupling from the Stock Market

Bitcoin has finally decoupled with the stock market, as the crypto's price has been able to maintain its strength while the stock market has been tumbling.

Germany's Federal Ministry of Finance Puts Digital Security Adoption at Core of Blockchain Strategy

Germany's Federal Ministry of Finance Puts Digital Security Adoption at Core of Blockchain Strategy

Germany’s Federal Ministry of Finance (BMF) and the Federal Ministry of Justice and Consumer Protection (BMJV) have introduced a bill that highlights the adoption of digital securities as a crucial element of Germany’s blockchain strategy.

Bitcoin Price Drops Below $9K as Stock Markets Erase Gains Amid Incoming Second Wave of COVID-19 Cases

Bitcoin Price Drops Below $9K as Stock Markets Erase Gains Amid Incoming Second Wave of COVID-19 Cases

Bitcoin price is currently hitting its lowest levels in around 3 weeks, as stocks are rumored to anticipate an incoming crash. Bitcoin (BTC) dipped below the $9,000 on June 15 and continued to hover above $9,000 shortly after.

Bitcoin Becomes the “Ultimate Safe Haven” as BTC Fights Off Stock Correlation, says Anthony Pompliano

Bitcoin Becomes the “Ultimate Safe Haven” as BTC Fights Off Stock Correlation, says Anthony Pompliano

Anthony Pompliano said that Bitcoin could not be more correlated to the stock market than it is now while citing Santiment’s tweet.

Is The US Ready for CBDC? Most Americans Opposed to Digital Dollar Adoption, Survey Reveals

Is The US Ready for CBDC? Most Americans Opposed to Digital Dollar Adoption, Survey Reveals

Most American citizens appear to be against a digital dollar adoption within the US, preferring paper money to CBDC, according to a study.

Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype

Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype

According to the Bloomberg Galaxy Crypto Index, cryptos have been performing up by 66 percent in 2020, exceeding that of gold’s performance by 20 percent.

KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

One of the big four accounting firms, KPMG estimated that at least $9.8 billion in cryptocurrencies have been stolen by hackers since 2017 due to security issues or poorly written code. According to the KPMG report, the cryptocurrency market will need to see huge improvements for the $245 billion industry to keep growing.

Is Bitcoin in India about to Boom? Paxful Survey Projection

Is Bitcoin in India about to Boom? Paxful Survey Projection

Paxful, the peer-to-peer bitcoin marketplace, has released a survey that indicates India’s enthusiasm for Bitcoin has been reignited following the landmark decision to lift the ban on crypto trading.

StanChart and UnionBank of the Philippines Collaborate on PoC of $187 Million Blockchain-Powered Bond

StanChart and UnionBank of the Philippines Collaborate on PoC of $187 Million Blockchain-Powered Bond

The UnionBank of the Philippines and Standard Chartered have created a proof of concept required in the issuance of a blockchain-powered retail bond.

Philippines Becomes the First to Leverage Blockchain to Issue Retail Treasury Bonds in Asia

Philippines Becomes the First to Leverage Blockchain to Issue Retail Treasury Bonds in Asia

The Filipino government has launched a blockchain-based app that will be utilized in the distribution of government-issued bonds. The novel project dubbed Bonds.PH was developed by the country’s Bureau of Treasury in conjunction with Union Bank and the Philippines Digital Asset Exchange.

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