Bitcoin jp morgan

JP Morgan Sees Bitcoin Surging To $146,000 In The Long

After a significant rally into the end of 2017, Bitcoin and other cryptocurrencies went into hibernation for a number of years. In 2020, however, cryptocurrencies have come roaring back, as concerns around elevated levels of government debt, currency debasement, and inflation have all conspired to push the price of these assets back towards all-time highs.

After the Boss Calls Bitcoin a Fraud — JP Morgan Buys

JP Morgan’s top executives have previously shrugged off Bitcoin. In 2017, for instance, the bank’s CEO called the cryptocurrency a “fraud,” saying, “it’s worse than tulip bulbs. It won’t end well.” Even though he later apologised, JP Morgan and Bitcoin’s relationship has remained a love and hate one.

JP Morgan says Bitcoin value could triple, challenge gold

JP Morgan & Chase Supports Crypto Firms. JP Morgan’s latest report about Bitcoin comes as JPMorgan & Chase — the banking division of the firm — has begun to service “crypto-native” clients for the first time ever. As reported by the Wall Street Journal ten days ago, the bank has taken on two top Bitcoin exchanges, Coinbase and Gemini

Client Demand Could Push JP Morgan Into Bitcoin

After a significant rally into the end of 2017, Bitcoin and other cryptocurrencies went into hibernation for a number of years. In 2020, however, cryptocurrencies have come roaring back, as concerns around elevated levels of government debt, currency debasement, and inflation have all conspired to push the price of these assets back towards all-time highs.

Is there a place for Bitcoin in my portfolio? - J.P. Morgan

bitcoin jp morgan
American banking giant JP Morgan Chase has accepted two clients involved in the emerging bitcoin sector. U.S. cryptocurrency exchanges Coinbase and Gemini received account approvals after a long wait, according to the Wall Street Journal. The news came just less than 24 hours after Bitcoin underwent a massively hyped “halving” upgrade.

 

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