Don’t expect large firms to follow Tesla’s Bitcoin move, JPMorgan says
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
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Hedge or cyclical? Eternal debate on Bitcoin’s status sees a new twist
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
Crypto hedge fund refutes JPMorgan’s claim that Bitcoin ETF is short-term negative for BTC
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 Gives 3 Reasons to Add Bitcoin to Investment Portfolios
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
Believing, not seeing: Institutions still predict $100K Bitcoin price
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
Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22
Retail users may have to wait in much of the world, however. Go to Source Powered by WPeMatico
Bitcoin becoming a cyclical asset, not a hedge, according to JPMorgan strategists
Strategists at the Wall Street megabank disagree with their colleagues view that Bitcoin is becoming digital gold. Go to Source Powered by WPeMatico
Grayscale holds the key to Bitcoin hitting $40K, says JPMorgan
The BTC price is at a crucial inflection point, according to JPMorgan strategists. Go to Source Powered by WPeMatico
First Hyperledger-based cryptocurrency explodes 486% overnight on Bittrex BTC listing
The first Hyperledger-based cryptocurrency to achieve mainnet status just exploded 486% overnight, possibly bouyed by an impending Bitcoin trading pair. Go to Source Powered by WPeMatico
Demand for Crypto Soars: Bitcoin Funds Break Records, Goldman Sachs Wants In
Investors are increasingly seeking exposure to bitcoin following the recent months-long price rally. Bitcoin exchange-traded products are seeing record trading volumes. Meanwhile, more big banks are reportedly trying to get into the crypto space, including Goldman Sachs. High Demand for Bitcoin and Crypto Products With the price of bitcoin rapidly rising over recent months, more … Read more
