Bitcoin trades are more likely to unwind their futures position citing a slowdown in Bitcoin institutional participation, says JPMorgan! Just as Bitcoin (BTC) continues to face downward pressure over the last week, the...
Bitcoin's correlation with traditional markets could "erode" its "diversification value over time."
A bearish outlook may be triggered if bitcoin doesn't claw its way back over $40,000, the analysts said.
JPMorgan strategists believe that if a Bitcoin ETF finally gets the green light from U.S. regulators, BTC could suffer in the short term. Some firms, like Grayscale, would bear more than just price damage too. ETF Could Hurt Bitcoin's Bull Run Due to the...
JPMorgan, one of the world's largest investment banks, predicts Bitcoin could reach a value of $146,000. According to a Bloomberg report published Monday, a team of analysts cited the digital currency's role as a form of...
The Bitcoin (BTC) price rally over the last weekend pushed the world's largest cryptocurrency to a new all-time high above $34,000. In a year's time, the BTC price has literally quadrupled driven by massive...
JPMorgan, one of the largest investment banks in the world, considers Bitcoin (BTC) could eventually reach $650,000 if its market capitalization becomes that of gold. JPMorgan released a […]
There's been a lot of buzz with the Bitcoin vs Gold debate picking up in the last few months. However, two of the Wall Street banking giants have come at odds on a common opinion. A few days back, JPMorgan strategists said...
The Bank said that even 1% of asset allocation by large financial companies would result in $0.6 trillion BTC demand.
cJPMorgan strategists have backed the recent $100-million Bitcoin investment by insurance giant Massachusetts Mutual Life. Last week, the 169-year-old investment giant...
The last week in the crypto market remained a bit exciting, not in terms of the market movement but in terms of institutional developments happening in the cryptosphere. The overall cryptocurrency market remained under pressure while losing...
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