Investment banking giant JPMorgan Chase is reportedly developing plans to allow clients to use Bitcoin and Ether as collateral for loans. This potential move represents another step by a major institution towards accepting crypto assets. Moreover, the development shows more institutional integration and could have good effects on the market, including the Shiba Inu price prediction.
Enter DeepSnitch AI, a presale project still in stage 2 with over $462k raised. However, it is still early and in that stage where massive returns are possible.
JPMorgan Reportedly Planning Crypto Collateral Option
According to a Bloomberg report, JPMorgan is exploring an initiative that would enable its global clients to borrow against their Bitcoin and Ether holdings. The structure would involve storing the client’s crypto assets with a third-party custodian. This will prevent direct custody risks for the bank while still allowing clients to leverage their digital asset wealth.
While a JPMorgan spokesperson declined to comment on the report, the news follows months of speculation about the bank’s changing stance on digital assets. If confirmed, this offering would enhance the utility of Bitcoin and Ether for institutional investors.
Allowing these assets to be used as collateral mirrors practices in traditional finance. It would also make holding them more attractive, similar to the way the approval of spot Bitcoin ETFs in January 2024 opened the door for new institutional capital.
This potential move by one of the world’s largest banks shows the continued blurring of lines between traditional finance and crypto. It suggests a growing recognition of Bitcoin and Ether as great financial assets that can be integrated into established banking services.
Meme Coin Watch: DeepSnitch AI Presale Still an Early Opportunity, as SHIB Price Prediction Remains Cautious
DeepSnitch AI: $462k Raised is Just the Beginning
DeepSnitch AI surely knows how to make an entrance. A massive 30% of its tokens are dedicated purely to marketing. This is a project engineered for hype, visibility, and a viral push right from the start. It’s got the meme coin energy, but with a powerful difference.
This project is built for the future because its utility is bear-proof. Markets go up, markets go down, but traders always need an edge and always need protection. DeepSnitch AI delivers both. Its AI scam filter is a shield against the rug pulls that drain portfolios every cycle.
This is a necessity, giving the project staying power. What makes DeepSnitch AI unique is its utility contrast. Forget complex promises about future infrastructure. This project is building tools traders can use right now to understand market flow and risk.
This immediate value means it appeals to everyone, and this appeal includes speculators chasing the next pump and actual traders who need better tools.
Over $462,000 has already been raised, with the price now at $0.01992, a 31% gain for the earliest investors. But in stage 2, $462k is early. This is the ground floor for a project targeting the AI market and offering an important utility. The biggest gains may still be ahead.
Shiba Inu Price Prediction: 15% Pump for SHIB?
The SHIB forecast shows the market has been having a good time recently. But the long-term outlook shows there might be a need to be cautious. On the one hand, the token has outperformed the crypto market over the last week, recording a slight price increase while the broader market has slightly declined. This strength is a positive sign, potentially indicating a dedicated holder base.
However, the overall technical sentiment remains bearish, with the Fear & Greed Index showing “fear.” The token is still trading below its key 50-day and 200-day moving averages, suggesting a potential downtrend is intact.
While the Shiba Inu price prediction for November points to a possible 15% rise, the Shiba Inu price in 2025 will likely depend on overcoming these technical hurdles.
Dogecoin Price Prediction: Are the Bears Still in Control?
Dogecoin has also been performing very well in the market despite the slight uncertainty. Based on its price movements, it has outperformed the global average, rising 6% over the past week. This comes amid news showing a potential resurgence in cloud mining for cryptocurrencies, including Dogecoin, expected in 2025. This narrative focuses on advancements in transparency and renewable energy within the sector.
Despite the positive price action, the technical sentiment for Dogecoin remains bearish, similar to Shiba Inu. Its 14-day RSI is neutral, but the price is still struggling below its moving averages.
The price prediction suggests a potential 13% rise by November. While the cloud mining narrative could provide a future catalyst, the current SHIB coin prediction and DOGE’s is still influenced by the cautious market environment.
Final Verdict
JPMorgan’s potential acceptance of crypto as collateral is another massive step towards adoption. But for smaller investors, the best investments lie in crypto presales like DeepSnitch AI, where the entry is low. Additionally, this project has the meme energy for massive excitement and the utility to keep it relevant in any market condition.
The presale is still in its stage 2, with $462k raised. There are 13 more stages to go, and it won’t be long before these affordable entries disappear.
If interested, visit the official DeepSnitch AI website to secure your presale spot.
FAQs
How will JPMorgan’s decision affect the Shiba Inu price in 2025?
JPMorgan accepting BTC/ETH as collateral shows growing institutional comfort with crypto. This could create a more favorable environment for the Shiba Inu price in 2025.
What does the current SHIB forecast indicate about its potential?
The current SHIB forecast based on technical indicators is bearish for the short term. Despite recent outperformance, the token remains below key moving averages. Moreover, market sentiment is fearful, suggesting potential hurdles before a sustained recovery.
How does DeepSnitch AI compare to SHIB?
DeepSnitch AI may offer higher growth potential than SHIB due to its lower presale market cap. Nevertheless, SHIB coin prediction looks optimistic over the next 30 days.