Major financial institution JP Morgan Chase is reportedly considering a landmark shift by evaluating Bitcoin and Ethereum for use as direct collateral in loan operations, according to market sources. This potential policy change could accelerate institutional cryptocurrency adoption by enhancing liquidity and bridging digital assets with traditional finance, marking a significant evolution in banking practices.
XRP demonstrates market resilience despite a recent correction to $3.44, with analysts viewing the dip as a temporary consolidation phase. Strong on-chain fundamentals underpin its position, including over 1.35 million transactions processed during a single day in July, while bullish technical indicators like the Relative Strength Index signal potential near-term recovery.
The Shiba Inu development team has expressed strong optimism about the token’s trajectory, suggesting the possibility of an 800% price surge reminiscent of its 2021 bull run. This projection has garnered substantial market attention amid renewed interest in the meme coin’s ecosystem development and growth potential.