JPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues
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A note from JPMorgan states that Ethereum might be at risk of losing defi dominance as a result of its inability to produce effective scaling solutions fast. The note, written by Nikolaos…
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The crypto landscape has experienced a notable upsurge led by the growing altcoin dominance. In this respect, the total crypto market capitalization has risen above $3.74T after a 1.36% growth over 24 hours. However, the 24-hour crypto volume has seen a 10.14% dip to reach $128.96B. At the same time,…
According to JPMorgan analysts, capital inflows into digital assets since the beginning of the year have reached $60 billion. This increase was driven by cryptocurrency fund flows, activity in CME futures, and a resurgence in venture capital investment. Inflows have increased by approximately 50% since the end of May, and…
Crypto exchanges will have to submit to the Securities and Exchange Commission, JPMorgan says JPMorgan experts believe that all US crypto exchanges, including Coinbase and Binance.US, will be forced to register with the SEC as brokers, and all cryptocurrencies will be classified as securities, reports The Block. This could have…