JPMorgan says bitcoin could get more support than gold if ETF hedging eases

Bitcoin could get more support than gold if investors reduce their ETF hedges, according to JPMorgan analysts.
Key Takeaways
- Bitcoin could get more support than gold if investors reduce their ETF hedges, according to JPMorgan analysts.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

FCA draws the UK boundary for offshore crypto platforms ahead of 2027 rules
Direct consumer access and agency trading can bring offshore services within scope when the rules begin in October 2027. The post FCA draws the UK boundary for offshore crypto platforms ahead of 2027 rules appeared first on CryptoSlate.

Bitcoin Will Hit $1 Million, Says Kevin O’Leary—But There’s a Quantum Catch
Kevin O'Leary believes Bitcoin could hit $1 million if crypto beats its quantum computing problem, and explained why he's ditching Ethereum.

UAE and Sweden Dismantle $7M Crypto Gang Tied to Contract Hits
The joint operation resulted in the arrest of seven individuals: the leader of the Sweden-based laundering ring in the UAE and six others in the gang in Sweden. The organization had laundered over $7 million using crypto, with links to other activities,…