JP Morgan Warns a US Bitcoin ETF Could Bust BTC Prices in the Short Term
Strategists at the Wall Street bank have warned that the approval of a Bitcoin exchange-traded fund in the U.S. could
Strategists at the Wall Street bank have warned that the approval of a Bitcoin exchange-traded fund in the U.S. could
JPMorgan strategists warn that if institutions reduce their BTC purchases, the asset price could head towards a massive correction.
Insurance companies and pension funds could follow MassMutual's example to purchase BTC, which could bring $600 billion in the market.
JPM says institutional investors have started a wealth transfer from gold ETFs to bitcoin, suggesting adverse price developments for the
The interest towards the Grayscale Bitcoin Trust in the coming weeks will be key to determine if BTC is indeed
Ignoring all known rules of gravity, Bitcoin has taken for the skies, and it shows absolutely no signs of slowing
The lack of "proper regulations" makes Bitcoin "uninteresting" for JPM's CEO Jamie Dimon. However, even the most regulated establishments have
Institutional investors have been turning more to Bitcoin rather than gold lately. According to JPM analysts, this could result in
JP Morgan believes that a modest switch from gold to bitcoin as Storage of Value along with a larger adoption
Bitcoin price is primed to face “modest headwinds” in the short-term, according to strategists at JPMorgan Chase & Co. Their