JPMORGAN’s historic change of course represents a strong signal for the entire sector: after years of criticism, the bank agrees to include Bitcoin among the services offered to customers.

JPMorgan changes route on Bitcoin

During the annual Investor Day held on May 19th, the CEO of JPMorgan Chase, Jamie Dimon, announced that Bank customers will be able to buy Bitcoineven if the bank will not manage its custody. Dimon confirmed his personal skeptical position, but he underlined that customers must be free to access this class of digital assets. This represents an important turning point by one of Bitcoin’s main public opponents, known for comparing the cryptocurrency to a “pet rock” and requested the total closure only a few months ago.

Despite the persistent criticisms on the risks of recycling and illegal use, repeatedly dispelled by the real data, and a poor regulatory clarity, JPMORGAN recognizes the growing interest of its customers. The new approach includes the possibility of showing Bitcoin participations in bank account extracts, a tangible sign of a progressive normalization of asset within traditional finance.

The success of the ETFs on BTC continues

In parallel, ETFs on Bitcoin in the United States continue to record huge affluses. After the day of Friday 16 May, which saw a capital injection of over 260 million dollars, on the day of Yesterday the impressive figure of 667 million dollars was added. The ETFs of Blackrock, Fidelity and Ark have guided the movement, contributing to the Fifth consecutive week positive For Etf Spots on Bitcoin, where clear affluents were recorded for 6.4 billion dollars. This constant flow of capitals in the ETFs on BTC has brought the total net to 42.44 billion dollarsreflecting a growing trust from US investors against Bitcoin as a value reserve and strategic asset.

The tendency to invest in crypto via ETF emerged strongly after the approval of the first ETF commercials at the beginning of 2024, contributing to greater accessibility and legitimacy of the crypto sector among institutional investors.

More favorable crypt regulation

Also from a regulatory point of view, the situation in the United States is evolving. The Federal Deposit Insurance Corporation (FICCO) has updated its guidelines, allowing banking institutions to undertake activities related to cryptocurrencies without the need for preventive approval, as long as the risks are managed adequately. This move was interpreted as an attempt to leave behind a too rigid approach and to adopt a more open policy, but still focused on security and financial solidity criteria.

Bitcoin increasingly scarce on Exchange

A further positive indicator for Bitcoin comes from the On-Chain analysis: the Supply of BTC detained on the Exchange has fallen to the minimum since 2018attesting to the 7%. This dynamic suggests an increasingly long -term oriented strategy by investors, who prefer to keep their assets in private wallets, rather than on the exchange platforms. Such a contraction of the offer available on the centralized markets could create the conditions for a further thrust on the short term, especially if combined with the entry of the new demand by institutional actors.

Arthur Hayes’ forecasts

Arthur Hayes, Bitmex co-founder, said in a recent interview that Bitcoin will have to exceed 110,000 dollars and aim for around $ 150,000-200,000 to begin a new Altseason. Hayes, today driving the Family Office Maelstrom, provides that this could happen between June and the third quarter of the year, fueled by a growing market liquidity. As for the long -term prospects, Hayes reiterated a highly bullish vision, estimating Bitcoin to $ 1 million by 2028during a possible second mandate by Donald Trump.

BTCBULL rides the wave of enthusiasm on Bitcoin

In this scenario of institutional enthusiasm, growing scarcity of the offer and very optimistic forecasts for Bitcoin, the Coin meme is inserted Bitcoin Bull Tokena new project created to reward Bitcoin ascent more.

This cryptocurrency presents itself as an asset that aims to accompany the Bitcoin race towards ambitious targets, with a mechanism of rewards for investors closely related to the price of BTC.

BTCBULL reward owners directly in Bitcoin Every time the price of BTC exceeds psychological thresholds such as $ 150,000 or 200,000 dollars. In addition, a Burn of the token supplyreducing the offer and potentially increasing the value of the remaining tokens.

BTCBULL staking already offers a annual yield of 68%, in order to stimulate the token for the long term. The presale, accessible from the official website, has just exceeded 6 million dollarsevident signal of a strong interest from the market. The price at which the token is available in this phase is 0.00252 dollarsbut there is an increase between only 24 hours, so it is better to act as soon as possible to make the most of this opportunity.

In a context where even the most skeptical begin to recognize the solidity of Bitcoin as assets, BTCBULL represents an interesting opportunity for those who wish to position themselves in advance on a project that offers exposure to the formidable category Meme Coin, and to the bitcoin racing race.

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