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JPMorgan: Bitcoin Price to See Long-Term Upside Trend due to One Important Component

JPMorgan: Bitcoin Price to See Long-Term Upside Trend due to One Important Component

JPMorgan has made several comments on the world’s largest cryptocurrency in the past year, and its stance on Bitcoin (BTC) has since changed.

Is Bitcoin Currently Overvalued? JPMorgan Foresees Selling Pressure Ahead

Is Bitcoin Currently Overvalued? JPMorgan Foresees Selling Pressure Ahead

JPMorgan strategists acknowledged Bitcoin's latest bullish momentum on the market but said that the asset may face "modest headwind" in the near future.

Democrats Critical of OCC's "Excessive Focus" on Crypto and Stablecoin Financial Services

Democrats Critical of OCC's "Excessive Focus" on Crypto and Stablecoin Financial Services

Democrat members of the United States Congress led by Congresswoman Rashida Tlaib (D-MI) have criticized the OCC's focus on crypto and stablecoins.

Bitcoin Hits A New Record High Of Over $37,000 As Wild Price Swing Resumes

Bitcoin Hits A New Record High Of Over $37,000 As Wild Price Swing Resumes

Despite wild price swings set in, Bitcoin seems to continue marching higher. The crypto surged to fresh new heights on Wednesday, January 6, hitting above $36,000.

More Investors are Jumping on the Ethereum Bandwagon

More Investors are Jumping on the Ethereum Bandwagon

Ethereum has been attracting more users to its network, as non-zero ETH addresses just reached an ATH of 55,317,765.

Bitcoin is Better than Gold: Billionaire Alters Advice on Holding Less BTC Than Gold

Bitcoin is Better than Gold: Billionaire Alters Advice on Holding Less BTC Than Gold

Wall Street veteran and billionaire Michael Novogratz has made the statement that “Bitcoin is a better long-term bet than gold in his recent appearance on Bloomberg Television.

JPMorgan Reveals Market is Highly Anticipating the Launch of CME Bitcoin Options

JPMorgan Reveals Market is Highly Anticipating the Launch of CME Bitcoin Options

Institutional interest in Bitcoin-related contracts seems to be building as the market measures indicate high anticipation of the launch of CME Group Inc. options on Jan. 13, according to JPMorgan Chase & Co.

Grayscale Bitcoin Trust Inflows Estimated at $1 Billion per Month - Why It Matters for BTC

Grayscale Bitcoin Trust Inflows Estimated at $1 Billion per Month - Why It Matters for BTC

Bitcoin’s quick ascent to its all-time high of $24K has shown no signs of slowing down, suggesting that the cryptocurrency is in overbought territory.

JP Morgan Chase to Pay $2.5 Million to Settle Class Action Lawsuit Over Wrongfully Incurred Crypto Charges

JP Morgan Chase to Pay $2.5 Million to Settle Class Action Lawsuit Over Wrongfully Incurred Crypto Charges

JPMorgan Chase has settled a lawsuit over unannounced changes made to the fee structure applied to crypto transactions using its credit cards in 2018. The American bank agreed to pay $2.5 million to settle a class-action lawsuit regarding its decision made in 2018 to treat cryptocurrency purchases with Chase credit cards as cash advances, ensuing in higher fees. However, JPMorgan is not admitting to any wrong-doing as part of the deal.

Deutsche Bank Survey Places Bitcoin, Tesla, and US Tech Stocks as The Biggest Market Bubbles

Deutsche Bank Survey Places Bitcoin, Tesla, and US Tech Stocks as The Biggest Market Bubbles

Many investors seem to think that the current financial market is caught in bubble territory, with Bitcoin, Tesla, and tech stocks leading the pack.

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