JPMorgan Chase Experts Predict Bitcoin Will Rise to $170,000

PANews reported on November 7th, citing Bloomberg, that Kazakhstan is using assets seized and recovered from overseas to establish a national cryptocurrency reserve fund with a size between $500 million and $1 billion. Timur Suleimenov, Governor of the Central Bank of Kazakhstan, stated that the fund's investments will include ETFs and stocks of companies involved in digital currencies. In an interview with Bloomberg in London on Wednesday, he said the fund will be "very cautious about direct investments in cryptocurrencies." He added, "I think by the end of this year, or January next year, we will have this fund operational; all parties are ready." Previous reports indicated that Kazakhstan launched a national cryptocurrency reserve fund, with its first investment in BNB ; the Central Bank of Kazakhstan is also considering using its gold and foreign exchange reserves to purchase cryptocurrencies .

The post Aave V4 roadmap signals end of multichain sprawl appeared on BitcoinEthereumNews.com. Aave Labs has released its official launch roadmap for V4, laying out the final steps ahead of the major upgrade’s Q4 mainnet launch.  Alongside new architectural and security improvements, the roadmap introduces a fundamental shift in how user balances are tracked and highlights a strategic pullback from economically underperforming deployments across layer-2 and alternative layer-1 networks. The V4 release moves away from aTokens’ rebasing-style mechanics toward ERC-4626-style share accounting, a change that promises cleaner integrations, easier tax treatment, and better compatibility with downstream DeFi infrastructure.  In a recent technical development update, Aave Labs confirmed that “tokenization is to remain optional and built using ERC 4626 vaults,” and that internal accounting will eliminate the use of exchange rates or scaled balances. The goal is to “further improve the overall reliability of the protocol.” ERC-4626 is a widely adopted Ethereum standard that expresses user deposits as shares of a vault rather than balances that grow over time. In Aave V3, aTokens accrue interest by increasing a user’s balance directly — behavior that resembles rebasing tokens and often confuses integrations and portfolio accounting tools.  By contrast, ERC-4626 tracks yield through a rising price-per-share metric, leaving token balances unchanged. The result is more predictable behavior for integrators, auditors and tax software, as well as a clearer cost basis for users. The roadmap also outlines a series of release milestones, including a formal codebase publication, a public testnet launch with a redesigned interface, and the completion of a multi-layered security review involving formal verification and manual audits. Aave Labs said the roadmap reflects the protocol’s “final stages of review, testing, and deployment,” and that additional documentation and launch preparation materials will be released in the coming weeks. But the most pointed strategic shift comes not from the codebase, but from Aave’s own governance forums. “Aave…

The post WLFI Advisor Bets $2.2M AVAX, 10x Leverage After $550M Avalanche Treasury appeared on BitcoinEthereumNews.com. Large cryptocurrency investors and a major crypto project adviser have bet millions on price appreciation of the Avalanche smart contract blockchain’s native utility token following the latest corporate treasury announcement and Avalanche exchange-traded fund (ETF) filings. Popular crypto sleuth and World Liberty Financial (WLFI) adviser, Ogle, opened a $2.2 million long position with 10x leverage, betting on the Avalanche (AVAX) token’s price increase. The position was opened at an entry price of $33.88 and faces liquidation if the AVAX token falls below $15.50, according to blockchain data platform Lookonchain. Source: Lookonchain The WLFI adviser placed his leveraged bet shortly after agricultural technology company AgriFORCE Growing Systems announced a strategic pivot to launch a $550 million AVAX corporate treasury. The company will rebrand to AVAX One and plans to accumulate a total of $700 million in AVAX tokens as part of its long-term strategy. The company’s shares soared by over 200% at Monday’s open after the AVAX treasury announcement, Cointelegraph reported earlier on Tuesday. AgriFORCE intraday performance. Source: Yahoo Finance The company’s advisory board will be led by Anthony Scaramucci, founder of SkyBridge Capital and a prominent crypto investor, and Brett Tejpaul, the head of Coinbase Institutional. Whales are also seeking increasing exposure to AVAX. Whale wallet “0xb2ca” opened an AVAX long position with 5x leverage worth $17.2 million and has already generated over $900,000 in unrealized profit within nine hours. Related: Avalanche, Toyota Blockchain designing autonomous robotaxi infrastructure AVAX still 76% down from all-time high despite rising corporate adoption Following the latest treasury announcement, the AVAX token had risen over 10.8% in the past 24 hours and traded at $34.45 at the time of writing. Despite the latest wave of corporate adoption, the AVAX token remains over 76% lower than its all-time high of $146 set almost four years ago…