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JPMorgan: MassMutual’s Bitcoin (BTC) Bet Hints Rising Institutional Demand

Bhushan Akolkar December 14, 2020

JPMorgan strategists have backed the recent $100-million Bitcoin investment by insurance giant Massachusetts Mutual Life. Last week, the 169-year-old investment giant announced its purchase of Bitcoin through NYDIG. The investment comes just at a time when Bitcoin was under selling pressure. JPMorgan says this is a clear indication of the rising appetite for Bitcoin investment

JPMorgan strategists have backed the recent $100-million Bitcoin investment by insurance giant Massachusetts Mutual Life. Last week, the 169-year-old investment giant announced its purchase of Bitcoin through NYDIG. The investment comes just at a time when Bitcoin was under selling pressure. JPMorgan says this is a clear indication of the rising appetite for Bitcoin investment

Altcoin News
Altcoin News

Weekly Round-Up: Bitcoin (BTC) & Ethereum (ETH) Enter Recovery, XRP Drags Further Losses

Bhushan Akolkar December 14, 2020

The last week in the crypto market remained a bit exciting, not in terms of the market movement but in terms of institutional developments happening in the cryptosphere. The overall cryptocurrency market remained under pressure while losing around $25 billion of the market cap. The top three cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP)

The last week in the crypto market remained a bit exciting, not in terms of the market movement but in terms of institutional developments happening in the cryptosphere. The overall cryptocurrency market remained under pressure while losing around $25 billion of the market cap. The top three cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP)