to buy, sell, and transfer bitcoin, lending credibility to the crypto asset.
Institutional investors are starting to take notice. JPMorgan said last week that bitcoin looks attractive as it competes with gold as an "alternative" currency. The firm noted that millennial investors favor bitcoin over physical gold.and would have to surge 10x to match the value of all the physical gold in the world.
"Even a modest crowding out of gold as an 'alternative' currency over the longer term would imply doubling or tripling of the bitcoin price," JPMorgan said. With bitcoin on the rise, the technicals are coming into focus as it pushes up against the last major resistance level before its all-time high around $20,000.
Year-to-date, bitcoin is up 87%, yet is still 32% below its 2017 high of $19,783, according to data from Coindesk.
horrible
Bitcoin fraud on the rise via YouTube
Let’s hope altcoins will follow...
The Wolf of Wall Street says Bitcoin is a scam… and he should know via YouTube
Bitcoin Scams BBC Rip Off Britain 15/6/18 via YouTube
Con-artists and gambling products again?
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Inside yachting's sexual harassment and bullying problem - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. capthlr how true is this?
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Inside independent ad agency The Richards Group's problematic culture - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Harry Potter publisher Bloomsbury posts highest earnings since 2008 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 95% only bad news(
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Dunkin' Brands surges after confirming $8.8 billion takeover talks - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Trump downplays COVID-19 surge, calls the media 'losers' 8 days before election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. If you vote for JoeBiden I guarantee you that we will be in a nuclear war with northkorea I’m afraid we’re never going to see the end of this guy. He’s going to be tweet-whining all the way to the retirement home. Joe Biden is a national embarrassment President Trump did more for Americans in 47 months than Joe Biden did in 47 years EXCEPT Joe Biden made himself & Biden's family members MULTI MILLIONAIRES off of US Taxpayers
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Business Insider webinar: How to invest ahead of 2020 election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I think there is a mistake coz you put Tom Lee's picture instead. You're welcome.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »