The institutional buy-in through major banks and adjacent firms continues this week. Fidelity Digital is the company’s enterprise-grade solution for digital assets. In a recent story first broken by Bloomberg this week, crypto demand is leading the Fidelity division to expand staffing by roughly 70%. Fidelity Digital: Doubling Down The report cites an interview with […]
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JPMorgan has offered its view on the bitcoinization of El Salvador, the country which recently made bitcoin legal tender alongside the U.S. dollar. JPMorgan says, “It is difficult to see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.” JPMorgan on the Bitcoinization of El Salvador JPMorgan & Chase’s […]
There's kids out there that worked at fast food joints wondering where the fk they are going because the schools don't teach them shit But basics to communicate, read, write, and perform the maffs. But some how, some of them took a paycheck, and dumped it in X coin to come out with 10x roi.…
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Bank of America analyst on Monday upgraded Bitcoin to a buy rating and raised its price target to $87,000. "We’ve now hit a critical mass of institutional engagement [in crypto]. Everyone from the major banks to PayPal and Square is getting more involved, which is a loud and clear signal that crypto is now an…
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This year crypto derivatives traders faced some tough times, but the current situation seems much more favorable to Bitcoin bulls.
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