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Crypto news

JPMorgan and Wells Fargo have disclosed holdings in spot Bitcoin Exchange-Traded Funds.

This past week, the cryptocurrency market was buoyed by a wave of optimism. Notably, Wells Fargo and JPMorgan Chase reported their stakes in spot bitcoin ETFs, while Jack Dorsey, Twitter’s co-founder and ex-CEO, projected that bitcoin could reach $1 million by 2030. The spotlight also fell on meme coins, energized by the social media comeback of “RoaringKitty,” the trader synonymous with GameStop’s trading frenzy, which sparked a weekend price rally.

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