JPMorgan eyes 'additional upside for bitcoin and gold prices in a Trump win scenario'
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JPMorgan analysts say a Trump win could drive even more retail demand for bitcoin and boost its price.Retail investors are already flocking to bitcoin as the election nears, according to the analysts.
Kalshi is in talks to raise $1 billion at a valuation of $40 billion, which is almost double the $22 billion valuation in May. Tiger Global and Dragoneer are among the investors participating in the negotiations (source: Reuters)
Wallets holding 100000 to 10000 BTC increased their holdings by 41025 BTC within 10 days, bringing their total holdings to 13.64 million BTC, accounting for 67.93% of the total supply, while retail wallet holdings of less than 0.01 BTC remained stable. （Santiment）
Musalam stated that granting the central bank the power to make interest rate decisions also requires the Federal Reserve to explain "how and why this power is being used".
Riot Platforms fully repaid the principal and accrued interest of the Coinbase Credit credit limit on September 21st, and the remaining commitment limit of Coinbase was simultaneously closed. The interest rate for the $200 million credit line is 6.15%. As of June 30th, Riot Platforms has pledged 5821 bitcoins, and the related security interests have been released with the repayment. (Source: Bitcoin News)
