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Bitcoin’s Rivalry With Gold Plus Millennial Interest Gives It ‘Considerable’ Upside Potential: JPMorgan

On Oct 24, 2020
@BarrySilbert shared
RT @CoinDesk: Bitcoin faces "considerable" long-term potential upside due to its competition with gold and investor interest from Millennials and institutions, according to a note from JPMorgan. Report by @zackvoell https://t.co/8RshljEepn
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A Friday note outlines institutional, corporate, and Millennial interest in the leading cryptocurrency.

www.coindesk.com
On Oct 24, 2020
@BarrySilbert shared
RT @CoinDesk: Bitcoin faces "considerable" long-term potential upside due to its competition with gold and investor interest from Millennials and institutions, according to a note from JPMorgan. Report by @zackvoell https://t.co/8RshljEepn
Open

Bitcoin’s Rivalry With Gold Plus Millennial Interest Gives It ‘Considerable’ Upside Potential: JPMorgan

Bitcoin’s Rivalry With Gold Plus Millennial Interest Gives It ‘Considerable’ Upside Potential: JPMorgan

A Friday note outlines institutional, corporate, and Millennial interest in the leading cryptocurrency.

Bitcoin has 'considerable' upside as it better competes with gold as alternative currency, JPMorgan says

Bitcoin has 'considerable' upside as it better competes with gold as alternative currency, JPMorgan says

"Even a modest crowding out of gold as an 'alternative' currency over the longer term would imply doubling or tripling of the bitcoin price from here," JPMorgan said. Bitcoin's 2020 surge ...

Wall Street greets bitcoin with interest and worry

Wall Street greets bitcoin with interest and worry

Bitcoin may be the fraud of the century, depending on whom you believe, or it could be a gold mine for early adopters.

How Leverage Can Help With Bitcoin’s Price Discovery

How Leverage Can Help With Bitcoin’s Price Discovery

Leveraged and margin trading can help boost demand for an asset, increasing liquidity within a given market.

Gold Futures Projects Bitcoin Price 350% Higher in Roughly 378 Days

Gold Futures Projects Bitcoin Price 350% Higher in Roughly 378 Days

There is a strong possibility that the bitcoin price would surge by 350 percent in roughly 378 days, according to past trend behavior noted in the Gold

Effect of CME Futures Options on BTC Price Depends on Halving

Effect of CME Futures Options on BTC Price Depends on Halving

CME’s recent launch of BTC options on futures is already generating significant volume, but will it have any effect on Bitcoin’s price?

Big Investors, Big Confidence for Bitcoin

Big Investors, Big Confidence for Bitcoin

TLDR. While Bitcoin is a volatile and nascent asset class, Bitcoin has consistently outperformed the Dow, S&P 500, and gold in the last decade. With more regulatory clarity, as well as more ...

Bitcoin Looks Attractive As Negative-Yielding Debt Crosses $17 Trillion

Bitcoin Looks Attractive As Negative-Yielding Debt Crosses $17 Trillion

Global negative-yielding debt is over $17 trillion. Investors are extremely nervous. They are exploring non-traditional assets, like bitcoin.

Bitcoin hits $7,000 and rekindles global cryptocurrency market

Bitcoin hits $7,000 and rekindles global cryptocurrency market

Advance of 16 per cent comes days after digital currency broke $6,000 barrier

What’s Going On With Bitcoin ETFs?

What’s Going On With Bitcoin ETFs?

Bitcoin approaching worst decline ever. What does that mean for bitcoin ETF prospects?

Crypto Long & Short: What Changed My Mind About Bitcoin Narratives

Crypto Long & Short: What Changed My Mind About Bitcoin Narratives

Is bitcoin having a good year or not? As an industry, we need to work on honing our understanding of the many narratives, and how they can influence value.

Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund

Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund

Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the funds' BTC reserves.

Bitcoin vaults above $7,000 as cryptocurrency rally gathers steam

Bitcoin vaults above $7,000 as cryptocurrency rally gathers steam

Bitcoin jumped above the $7,000 level as its longest winning streak since 2013 continued to rekindle the global cryptocurrency market.The advance comes only a few days after the digital ...