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JPMorgan’s Kinexys has recently partnered with Chainlink and also Ondo Finance to facilitate, at the time of writing, a groundbreaking $2 billion tokenized asset settlement through integrated public blockchain technology. This collaboration, which is quite significant right now, connects traditional bank payment rails with tokenized assets, and it marks an important milestone for JPMorgan’s Kinexys in bridging conventional banking infrastructure and cryptocurrency technology. Also Read: Dan Ives Sees Apple (AAPL), Microsoft (MSFT), Palantir (PLTR) Surging to $210, $400, $18 Within a Year Chainlink, Ondo, JPMorgan Target Bank Rails And Token Markets Source: PR News Wire The partnership between these financial powerhouses represents, in many ways, an innovative approach to institutional blockchain adoption. By integrating JPMorgan Kinexys’ banking infrastructure with Chainlink’s oracle technology and, additionally, Ondo Finance’s tokenization platform, tradit...

Following his historic reelection this year, JPMorgan projects that both Bitcoin and Gold will be set to benefit from Donald Trump’s return to the White House. The bank’s top analysts expect that both assets will continue to gain well into his second term, as they’ve already responded to his victory with massive increases. Bitcoin has skyrocketed after the Associated Press called the race. The leading cryptocurrency surged to an all-time high above $76,000 on Wednesday. Moreover, the token is up more than 19% over the last 30 days, according to CoinMarketCap. Although gold hasn’t set a landmark record since Trump won, it is closing in on the $2,7000 price point. https://twitter.com/WatcherGuru/status/1854498517823246726 Also Read: US Stock Market: How it Responded to Donald Trump’s 2024 Election Win Donald Trump Return to Push Gold and Bitcoin Higher, JPMorgan Says The 2024 US Election was always poised to be one of the country’s most important. With the na...

In a recent report, JPMorgan predicted that Bitcoin will fall to $42,000 after the upcoming halving event. Indeed, analyst Nikolaos Panigirtzoglou forecasted the drop following halving “euphoria” that is set to take place in the second half of April. The report pointed to a reduction in minder rewards and a higher cost of production as the greatest influences on the falling value. Conversely, Bitcoin has surged through this week, surpassing $62,000 yesterday. That notes that the highest level BTC has reached since November 2021. Also Read: JPMorgan : 78% of Institutional Traders Not Interested in Crypto. JPMorgan Expects Bitcoin Drop After Halving Through the first two months of 2024, the digital asset sector has seen Bitcoin surge. The asset has climbed steadily closer to its all-time high of $69,000, encouraging investors. Subsequently, the industry is now anxiously awaiting how the upcoming Bitcoin halving could impact the price of BTC. Although many are hop...