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Scott Melker, owner and content creator, comments on the necessity of privacy for institutional adoption of cryptocurrencies. Melker highlights a scenario involving BlackRock and JP Morgan transferring money between accounts, questioning whether such financial movements should be visible to everyone.
He states that many blockchain projects are realizing, in light of the success of initiatives like Canton, that large institutions will not engage in crypto markets unless privacy is ensured.
Melker has recently commented on major industry developments, including Vitalik Buterin's statement that Ethereum’s next major rebuild will match the significance of the Merge and take three to four years to complete, as detailed in his coverage of Ethereum’s roadmap. He has also reported that JPMorgan raised its S&P 500 year-end target to 7,800, citing strong AI-driven earnings and lower geopolitical risks. These updates provide context to his ongoing focus on institutional participation and market infrastructure.