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Mega Bear Jamie Dimon Backtracks Again Calls Bitcoin “Worthless”

Jamie Dimon, who once apologized and admitted he was wrong about Bitcoin supposedly regretting his comments, has once again taken shots at the number one digital currency calling it “worthless” while comparing BTC to smoking cigarettes. Jamie Dimon Bashes Bitcoin For The Hundredth Time Dimon made numerous senseless comments at the Institute of International Finance… Read More

Goldman, BNY Mellon, JPMorgan, Fidelity And Rothschild See Bullish Want For Digital Assets From Retail And Institutional Investors

Goldman Sachs has announced that nearly half of its family offices are interested in digital assets, similarly, JPMorgan has also proclaimed that a lot of its clients are also bullish on digital assets. Meanwhile, BNY Mellon, the U.S.’s oldest bank is diving headfirst into the market as a custody for a new exchange Pure Digital,… Read More

JPMorgan Consumer Bank FUDs Bitcoin, As Morgan Stanley Institution Buys 28,289 GBTC

JPMorgan Chase offers its services to consumer and community banking and commercial banking and is stating that Bitcoin is going to go lower. Meanwhile, Morgan Stanley which focuses more on financial holdings and offers its services to multinational corporations, governments, and high-net-worth individuals, has announced that it has purchased 28,289 shares of Grayscale Bitcoin Trust… Read More

Bitcoin Burst Through $20K Conclusively Setting All Time High As Bullish News Continues

Bitcoin has bursted through $20K as we officially enter into a new bull run and price discovery mode has been activated. Bitboy Crypto has been telling you for months that Bitcoin’s infamous 4-year cycle was getting ready to enter the bull market phase. Listen to Ben from Bitboy Crypto discuss the recent market moves in… Read More

JPMorgan Analysts See $600 Billion Entering Into Bitcoin Market After Mass Mutual Purchase of $100 Million

JPMorgan’s analysts have predicted Bitcoin will soon face significant demand following a recent $100 million purchase by MassMutual. The analysts conclude that even more traditional investors, including pension funds, will jump into the cryptocurrency game where they estimate a sum of $600 billion could enter the Bitcoin market. JPMorgan Chase’s analysts moreover noted that they… Read More

JPMorgan Conducts Repo Market Test Using JPMCoin

JPMorgan has announced that the bank performed a blockchain-based re-purchase agreement or repo market transaction, using its JPMCoin. The bank said they used the blockchain to settle an “atomic trade settlement.”  It’s worth noting that the transaction on the JPMCoin stablecoin platform can take hours, instead of days like traditional finance, according to JPMorgan. A… Read More

ZeroHedge: JPMorgan Admits It Was Wrong About End Of Bitcoin Bull Run, Renews $140,000-Plus Price Forecast

(ZH) – At the time of this writing, the cryptocurrency known as Bitcoin has seen its value skyrocket to around $19,000  after dropping down to around just $4,840 in mid-March. This is significant because the all-time high for the cryptocurrency is $19,783 back in December of 2017, only to drop down to as low as $3,122. Within… Read More

JP Morgan Report Says Bitcoin Acting As “Alternative To Gold”

JP Morgan analysts recently published a brief report acknowledging Grayscale trends involving Bitcoin, stating the leading digital asset was acting as an “alternative to gold.” The analysts wrote that Grayscale’s October data, regarding its Grayscale Bitcoin Trust, suggests that BTC may be increasingly acting as an alternative to gold. Gold has long been recognized as… Read More

Institutions Are Bullish On Bitcoin As Volatility Has Hit A 16 Month Low

Institutional bullish bets on Bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME)  hit a new record level last month amid reports that BTC has hit a 16 month low in volatility. Bitcoin volatility has fallen to a 16-month low down as much as 57%, signaling that a sharp move in BTC may be… Read More

Bank of England Governor Says Bitcoin Has No Intrinsic Value

Is it any surprise for anyone that the Bank of England governor Andrew Bailey thinks that Bitcoin has no intrinsic value when the cryptocurrency wants to replace him? Andrew Bailey discussed Bitcoin’s intrinsic value during a question and answer conference with members of the public early this week. “I have to be honest, it is… Read More

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