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Happy Thursday, Zingernation! Bitcoin can still hit $125,000 this year, Standard Chartered argued. But it would need one major catalyst to do so…

Today, we look at why America’s brightest are “quiet quitting” crypto, how Jamie Dimon has gone from firing people for trading Bitcoin to his company owning it and more.

MARKET SNAPSHOT

TOP STORY

America's 'Brightest Young Minds' Are 'Quiet Quitting' Crypto Because 'The Curtain Has Been Pulled Back,' Industry Expert Argues

Crypto is not only boring these days but the vibes are bad.

And that makes people leave, an industry expert argued.

What’s worse, the people leaving are among the brightest and no new ones are coming in.

The “curtain has been pulled back” and not for the better.

What he meant by that?

Read the full scoop here.

TOGETHER WITH VANTAGEPOINT

Where is Bitcoin headed?

Worried about what’s next for Bitcoin? You're not alone, because many traders feel the same way... With Bitcoin supply hitting the market from sources like the US, China, and the Mt. Gox exchange, the landscape for the cryptocurrency has looked wicked. These factors contributed to Bitcoin's 10% drop last month, but... something is not adding up. Luckily for you, this isn’t our first rodeo – we've been forecasting Bitcoin for years, and we know that there’s more to the story than meets the eye for September. Join us for a complimentary A.I. forecasting session to see where BTC is heading this week.

QUICK N DIRTY

Coinbase has launched its own wrapped version of Bitcoin called cbBTC. Here’s how the crypto exchange plans to use it.

Bitcoin will hit $125K in case of a Trump win and $75K if Kamala Harris wins the election, Standard Chartered predicts.

Dogecoin millionaire Glauber Contessoto is convinced NEIRO will be the next big dog-themed meme coin, touting it as “the clear winner” for an upcoming run.

FINTECH FOCUS

JPMorgan CEO Jamie Dimon Said He'd 'Fire In A Second' Anyone Caught Trading Bitcoin When It Was At $4,000. 7 Years Later, The Investment Bank Holds Positions In Spot ETFs Tracking The Apex Crypto

Seven years ago, JP Morgan CEO Jamie Dimon said he’d fire anyone trading Bitcoin “in a second.”

But guess what?

Nowadays, JP Morgan itself has a position in Bitcoin.

How’d that happen?

Read the full scoop here.

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