Bitcoin (BTC) broke its all-time high price level following the launch of ProShares’ Bitcoin Strategy exchange-traded fund (BITO) on Tuesday, but JPMorgan Chase strategists believe the key driver behind the price jump is investor concern over inflation.Read more
Following JPMorgan CEO Jamie Dimon’s recent comments that Bitcoin is worthless, two well known billionaires have leapt to its defense — although both of them say Ether has some even more desirable properties.
During an interview with CNBC’s Squawk Box on Oct.
Bitcoin (BTC) looks poised to pursue a run-up towards $100,000 as its price breaks out of a classic bullish structure.
Dubbed as Bull Pennant, the setup represents a price consolidation period with converging trendlines that form after a strong move higher.
The flagship digital asset, Bitcoin, in the last seven days has witnessed one of its best times in recent weeks with its value touching as high as $55,000 during the bull run.Read more
Bitcoin (BTC) has led a 35% rally this week by soaring far above the $50,000 resistance level and restoring a $1 trillion market capitalization to the asset.Read more
Ether futures are currently trading at a premium as investors make the switch from Bitcoin-based products.Read more
Bitcoin (BTC) has the potential to push its prices to between $250,000 and $350,000 by the end of 2021, a long-standing fractal suggests.Read more
JPMorgan analysts have warned clients that cryptocurrency markets are looking frothy after the August trading boom saw spot market trading volumes once again top $1 trillion.Read more
OnlyFans has made a sharp u-turn on its decision to ban sexually explicit content after it received a backlash from creators and some new assurances from at least one bank suffering bad PR.Read more
JPMorgan is said to be pitching an in-house Bitcoin fund to its clients.
While JPMorgan CEO Jamie Dimon remains skeptical, he has expressed an interest in satisfying institutional investors.
Meanwhile, Bitcoin is on the verge of a massive price movement.