Stay updated with breaking news from Shareholder deck. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Bitcoin bounces back to $58k level, and Ethereum breaks $3K The deleveraging that took place in the early hours of last Monday helped Bitcoin to bounce back nearly 20% this past week to get to as high a $58,498 before falling back to the $57K level. Meanwhile, according to data by CryptoCompare, Ethereum had an even better week, setting a new all-time high of $2,954, and closing April in the green to make it seven consecutive monthly green candles for the world’s second-most valuable cryptocurrency. So, let’s look at the main highlights of last week… On Monday (April 26), Coindesk reported that, according to its sources, JPMorgan Chase is planning to offer an actively managed Bitcoin fund to clients of its private wealth management service, with the fund expected to launch as soon as this summer. ....