โ๏ธ #BTC j.p. morgan asset management, the investment arm of jpmorgan chase, has included btc in its long-term return forecasts for the first time, projecting a 10% annualized return over the next 10โ15 years.
for comparison:
โข ๐บ๐ธ u.s. large-cap stocks: 7.5%
โข ๐ฅ gold: 5.5%
โข ๐ข u.s. reits: 8.2%
bitcoin making its case for the long game ๐
๐ค #SOL skyai, a sol treasury company, has sold all its sol holdings and launched a $201 million share buyback program, according to cointelegraph.
sold the sol, buying back sharesโฆ plot twist? ๐
๐บ๐ธ #BTC#ETF blackrock has filed for a btc etf designed to provide downside protection while allowing investors to benefit from upside in its ibit fund, according to https://t.co/g8bNxZ92Bo.
wall street wants downside protection and upside exposure ๐๐
๐ #BTC santiment: btc wallets holding 10 to 10,000 btc have been actively accumulating since september 19. over the past month, they added approximately 88,987 btc and now hold over 13.69 million btc combined โ their highest balance in six months.
if this trend continues, the bullish case is getting stronger ๐
whales are stackingโฆ are you? ๐ณ
๐จ TODAY IN CRYPTO:
๐ฉ Strategy bought 267 $BTC last week. Strive added 1,223 $BTC, while Bitmine acquired 12,535 $ETH.
โ๏ธ MARA Holdings is moving $BTC to exchanges.
๐ฆ JPMorgan will offer its JPM Coin deposit token to institutional clients on Ethereum.
๐ โโ๏ธ Echo Protocol will shut down on November 14.
๐ฅณ $PUMP https://t.co/JKASMjjfy7 launched trading of PreStocks tokens tied to major private companies before their IPOs.
๐ช๐บ Sparkassen, Europeโs largest savings bank network, is launching crypto trading.
๐โโ๏ธ Multicoin Capital says $HYPE is its hedge fundโs largest position.
๐โโ๏ธ Arbitrum plans to make USDG a strategic priority and allocate 100M $ARB to its DeFi incentive program (DRIP).
๐ Coinbase added Axis Labs ($AXIS), Pearl ($PEARL) and Stable ($STABLE) to its listing roadmap.
๐ต๏ธโโ๏ธ Whale transactions:
โ Large positions, liquidations and major transfers remain in focus.
๐ CHARTS & REPORTS:
โ Only 4.4% of the 6โ12-month-old $BTC moved over the past 30 days was sent to exchanges.
โ Glassnode released its latest report on Bitcoin market conditions.
โ๏ธ TOMORROWโS EVENTS:
๐ Token unlock: LayerZero ($ZRO) โ 2.47% worth $47.29M.
๐โโ๏ธ $BABY Babylon will launch a new testnet.
๐โโ๏ธ $KNTQ Kinetiq Elysium mainnet launch.
๐๐ #BTC Glassnode Report: Selling pressure has eased, but spot market and ETF buyers have yet to return. Meanwhile, capital continues to change hands, and profit-taking has declined.
๐ช๐บ๐ฆ Sparkassen, Europeโs largest savings bank network, is launching cryptocurrency trading, allowing customers to buy and sell #BTC, #ETH, #XRP, and #SOL.
๐ฌ #HYPE Multicoin Capital plans to remain focused on cryptocurrency, even as peers such as Paradigm, Framework Ventures, and Haun Ventures expand into artificial intelligence.
The firm also stated that #HYPE is the largest position in its hedge fund.
Source: https://t.co/DvmNv3sRfa
๐ฑ๐ป Latvia plans to accept cryptocurrency for tax payments starting in 2027.
Latvia has approved an initiative to allow taxes to be paid in cryptocurrency. The launch is planned for 2027, but the payment infrastructure is still being developed, and the list of supported coins has yet to be determined.
Parliament has also approved a crypto investment account regime: taxes will be triggered when withdrawals exceed the amount deposited, rather than after every individual transaction.