JPMorgan to Accept Crypto ETFs as Loan Collateral
JPMorgan Chase, the largest U.S. bank by assets, is preparing to allow certain trading and wealth management clients to use cryptocurrency-related assets as collateral for loans, Bloomberg reported on June 4. In the coming weeks, the bank will begin accepting crypto exchange-traded funds (ETFs) as security for financing. It will start by supporting BlackRock’s iShares […]
Bitcoin Could Target $115K in July, But Strong U.S. Jobs Report Might Slow Momentum
Bitcoin is on track for potential gains that could take it beyond $115,000 by early July, provided that institutional demand remains strong and upcoming U.S. employment data shows signs of weakness, according to analysts from Bitfinex. “In a bullish scenario backed by robust ETF inflows and institutional interest, we could see Bitcoin push past $115,000 […]
Romania’s National Post Launches First Bitcoin ATM
Romania’s state-run postal service, Poșta Română, has launched its first Bitcoin ATM at a branch in the city of Tulcea. The initiative is a result of a collaboration with local cryptocurrency exchange Bitcoin Romania (BTR). Following this initial installation, additional Bitcoin ATMs are planned for rollout in other Romanian cities, including Alexandria, Piatra Neamț, Botoșani, […]