Bitcoin price rebounds as Morgan Stanley reportedly considering buying BTC
The price of Bitcoin is beginning to recover after news broke that Morgan Stanley’s investment arm is considering buying BTC. Go to Source Powered by WPeMatico
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The price of Bitcoin is beginning to recover after news broke that Morgan Stanley’s investment arm is considering buying BTC. Go to Source Powered by WPeMatico
JPMorgan co-president Daniel Pinto said that the current demand “isn’t there yet” for the firm to get into Bitcoin, but he is sure that “it will be at some point.” Go to Source Powered by WPeMatico
While the crypto community expects more large firms to emulate Tesla’s Bitcoin purchase, JPMorgan’s strategists don’t think it will happen. Go to Source Powered by WPeMatico
Crypto might not be a great hedge in the strict traditional sense, but it can guard investors against policy and currency risks. Go to Source Powered by WPeMatico
Research from Tyr Capital Arbitrage SP refutes JPMorgan’s claim that a Bitcoin ETF holds negative connotations for the BTC price. Go to Source Powered by WPeMatico
JP Morgan has outlined three key reasons why investors should add bitcoin to their investment portfolios. Small allocations to cryptocurrencies would “improve portfolio efficiency due to high returns and moderate correlations,” JPMorgan’s analyst explained. JP Morgan Sees Benefits of Hedging With Bitcoin JPMorgan released a report last week entitled “What cryptocurrencies have and haven’t done … Read more
Even though Bitcoin has struggled to reclaim its recent high of $42,000, projections of BTC reaching $100,000 still seem achievable to some. Go to Source Powered by WPeMatico
Retail users may have to wait in much of the world, however. Go to Source Powered by WPeMatico
Strategists at the Wall Street megabank disagree with their colleagues view that Bitcoin is becoming digital gold. Go to Source Powered by WPeMatico
The BTC price is at a crucial inflection point, according to JPMorgan strategists. Go to Source Powered by WPeMatico