News list for " released a report"
JPMorgan Chase said in a report released Thursday that it believes bitcoin will continue to benefit from a Republican victory in the US Presidential Election. The report said a Trump victory would have repercussions similar to those of 2016 in the next eight weeks or so. While bitcoin has surged and gold prices have fallen as a result of Trump's victory, Trump's policies could support both in 2025. As traders try to hedge against currency depreciation and geopolitical resistance, Huang...
JPMorgan analysts released a report saying, "As Bitcoin continues to become mainstream, the demand for electricity will increase. Bitcoin is not the only cryptocurrency that requires a mining process, but it is the largest. Bitcoin is the largest proof-of-work (PoW) protocol to date. From a fundamental perspective, we believe that within the next 10 years, Bitcoin's...
Bitfinex released a report saying, "This month's Federal Reserve interest rate decision is expected to significantly affect the short-term volatility and long-term trend of Bitcoin. Bitcoin has risen by more than 32% since the beginning of August, mainly driven by traders' expectations that the Federal Reserve will...
"In the lead-up to next week's non-farm payrolls report, we expect volatility to continue to decline as markets prepare for a possible Fed rate cut. Without a catalyst in the near term, we expect prices to remain range-bound in September," QCP Capital said in a report.
Bitfinex released a report saying that Bitcoin failed to hold the key support level of $65,580, and the total clearing in the past 24 hours reached $1.16 billion, mainly affecting long positions. Despite bearish market sentiment and sharp declines in Japanese and US stocks, the price is expected to rise slightly to the $55,000 area. However, the overall market direction will depend on macroeconomic factors. Due to economic and political developments, widespread market instability is affecting Ca...
