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
JPMorgan
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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
Bitcoin price climbs 20% overnight as US banks brace for 40% profit cut
Bitcoin made a swift 20% recovery from the weekend’s bloodbath, while American banks prepare to post major losses in their upcoming quarterly reports. Go to Source Powered by WPeMatico
JP Morgan Warns of Falling BTC Price With Bitcoin ETF Approval in US
JP Morgan’s analysts say that the U.S. Securities and Exchange Commission (SEC) approving a bitcoin exchange-traded fund (ETF) is likely negative for bitcoin in the near term. There is optimism around the prospect of the SEC approving a bitcoin ETF under new leadership, the analysts say. SEC Approving Bitcoin ETF Could Be Negative JP Morgan … Read more
JPMorgan Predicts $146K Bitcoin Price as Competition With Gold Escalates
JPMorgan’s analysts have made a case that bitcoin’s price could reach $146,000 as the cryptocurrency’s competition with gold heats up. Meanwhile, the firm’s global strategist sees the current bitcoin bull run as being similar to the bull run of 2017. He warns of three risks that could affect bitcoin’s outlook for 2021. JPMorgan Sets Bitcoin’s … Read more
Bitcoin could hit $146K long-term by ‘crowding out gold,’ says JPMorgan
Strategists at the American megabank believe the cryptocurrency has a chance to hit $146,000 in future years if it can evolve into a compelling alternative to gold. Go to Source Powered by WPeMatico
12 of the biggest enterprise blockchain players of 2020
The enterprise blockchain space in 2020 looks a lot different from previous years, demonstrating the continuation and a drive to mature and advance. Go to Source Powered by WPeMatico