Bitcoin (BTC) gets $1 million price call — but there are risks ahead

In this photo illustration, visual representations of the digital cryptocurrency, Bitcoin are arranged on January 4, 2021 in Katwijk, Netherlands.Yuriko Nakao | Getty Images GUANGZHOU, China — Bitcoin could rise to $1 million over the long term to become a reserve currency for the world, according to one asset manager. But JPMorgan warned of risks…

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Bitcoin, US tech stocks are biggest bubbles, Deutsche Bank survey says

In this photo illustration, a visual representation of digital cryptocurrency Bitcoin (BTC) is arranged on a circuit board of a hard drive.Yuriko Nakao | Getty Imageshttps://www.cnbc.com/quotes/?symbol=BTC.CB=”>Bitcoin and U.S.tech stocks are viewed by investors as the biggest market bubbles right now, according to a Deutsche Bank survey released Tuesday.The survey, which is based on responses from…

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Cryptocurrency market is now worth half as much as Apple, after Bitcoin hit a record above $37,000 | Currency News | Financial and Business News

https://images2.markets.businessinsider.com/5ff6ebcb6d61c10019cce171?format=jpeg”> Yuriko Nakao/Getty Images The price of bitcoin surged as much as 12% on Thursday, to a record high of $40,394.87. That helped push the overall value of the cryptocurrency market topped above $1 trillion for the first time ever. Rival token Ethereum hit its highest in two years, above $1,200, while smaller altcoins including…

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Bitcoin Nears $24k, Ether Tops $600 As Institutional Adoption Accelerates | ZeroHedge

Bitcoin Nears $24k, Ether Tops $600 As Institutional Adoption Accelerates by Tyler Durden Thursday, Dec 17, 2020 – 7:28 The extent of institutional uptake this month is rapidly becoming an order of magnitude more significant as digital gold is seeing rising interest relative to the barbarous relic… Source: Bloomberg In addition to Guggenheim giving a…

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Bitcoin (BTC XBT USD) Stakes Its Claim as Pandemic Refuge Vs Gold – Bloomberg

Bitcoin is seizing the spotlight from gold as a hedge against risks such as further dollar weakness or a pick-up in inflation, after widening its performance lead over the yellow metal. The cryptocurrency’s approximately 150% jump in 2020 puts the digital coin’s price relative to gold at the highest in almost three years, data compiled…

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