J.P. Morgan’s head of wealth management, Mary Callahan Erdoes, has said clients are increasingly viewing Bitcoin as an asset class to invest in. Speaking to Bloomberg, Erdoes noted that the banking giant’s goal is to …
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Robinhood: “Bitcoin is our most-traded cryptocurrency ahead of IPO”
t’s probably no surprise, but Robinhood said bitcoin was the most-traded cryptocurrency on its trading platform in 2020. In fact, bitcoin hit over $54 billion in daily average market volume …
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Rothschild Investment Corp has increased its Bitcoin (BTC) exposure by 300% since April
Billion-dollar investment firm Rothschild Investment Corp quadrupled its exposure to Bitcoin (BTC) since April, new records show. In a filing with the United States Securities and Exchange Commission (SEC) on Saturday, Rothschild …
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Bitcoin (BTC) is not in bear market, CryptoQuant data shows
CryptoQuant analytics firm has published a tweet that says that the flagship digital currency Bitcoin is not in a bear market now, unlike what many people think. The Bitcoin MVRV ratio …
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Bitcoin (BTC) to crash below $30K; On-chain data suggests accumulation is brewing
Despite Bitcoin crashing below $30,000 for the first time in one month, on-chain metrics suggest whales may be steadily accumulating BTC. According to Glassnode’s July 19 “The Week On-Chain” report, the …
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50% of crypto experts expect Bitcoin (BTC) to overtake global finance by 2040
A section of cryptocurrency experts have shown optimism that Bitcoin will replace central bank-issued fiat currency by 2040 in a process called ‘hyperbitcoinisation.’ According to a survey by finance platform Finder.com, 50% of the …
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Crypto analyst predicts 430% rally for Ethereum (ETH) by 2022
A popular crypto trader and analyst is suggesting that Ethereum’s price could jump 430% by 2022. The trader, known as Capo, says that he is betting on Ethereum (ETH) over …
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Crypto experts see Bitcoin (BTC) replacing fiat money in 20 years
Bitcoin’s (BTC) current price slump has failed to dampen some experts’ optimism regarding the world’s biggest cryptocurrency. In a new survey by personal finance comparison platform Finder.com, half of the respondents believe Bitcoin …
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Bitcoin (BTC) mining difficulty drops for fourth time in a row
Amid the ongoing crackdown on cryptocurrency mining in China, mining new Bitcoin (BTC) continues getting easier as BTC has experienced another mining difficulty drop. On July 18, the Bitcoin network …
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Grayscale CEO reckons US Bitcoin ETF will certainly be approved
In a recent episode of CNBC’s Squawk Box, Grayscale chief executive Michael Sonnenshein shared his positive stance on the future of the Bitcoin ETF in the U.S. He believes that this …
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