
JPMorgan: Bitcoin Price to Hit $146,000 in Long Term
The strategists at JPMorgan Chase believe that the current adoption and investment rate that Bitcoin has can potentially drive the coin’s price to a consensus high levels of $50,000-$100,000.
The strategists at JPMorgan Chase believe that the current adoption and investment rate that Bitcoin has can potentially drive the coin’s price to a consensus high levels of $50,000-$100,000.
The Office of the Comptroller of Currency has announced that banks can now issue stablecoins in exchange for fiat currencies.
Wisebitcoin’s presence in the digital asset trading industry extends beyond the exchange, with its cloud services anchoring over 200 other exchanges globally.
Bitcoin enters sharp correction after gaining more than 70% in a month’s time. The social media interest in Bitcoin has reached a new all-time high.
Van de Poppe has strong forecasts for Bitcoin and is also bullish on Polkadot (DOT), which just recorded a new all-time high.
MicroStrategy holds a very pivotal role in the institutional adoption of Bitcoin and all eyes are on the company to know its next moves.
On January 2, Bitcoin was trading at about $30,300. On Sunday morning, it surpassed $34,000 for the first time ever, which put the gain this year at almost $5,000.
Bitcoin has surpassed $34,000, setting a new record high as FOMO from institutional investors at Coinbase propels the crypto.
While Bitcoin has enjoyed a high level of acceptance both from investors as well as recognition from the mainstream media, many gold proponents believe its meteoric rise is a bubble.
Bitcoin (BTC) continues with its aggressive rally as the world’s largest cryptocurrency eyes for $30,000 before bidding the final adieu to 2020. It has been a phenomenal year for BTC investors as the world’s largest has emerged a potential outperformed to Gold.
Now your Bitcoin transaction can easily be canceled with the help of the Blenderwallet.io platform with the help of the RBF mechanism.
As Bitcoin hits a new all-time high above $28,500, analysts expect that it shall peak-out in early 2021 and thus retail players could get an opportunity to buy at lower levels ahead.
For asset managers including Skybridge Capital, an entry into the world of Bitcoin and cryptocurrencies will serve as a wake-up call for existing clients to have a positive disposition towards BTC as well as the new cryptos that will be supported.
According to the CoinMarketCap data, Bitcoin has made a daily gain of 6.671% to its current price of $27,965.
Unfortunate year-end for Ripple continues as due to the US SEC lawsuit cryptoexchanges are delisting XRP.