JPMorgan Discusses $600B in Potential New Bitcoin Demand

admin

Dec 14, 2020 at 8:00 p.m.UTC (happyphoton/iStock via Getty Images Plus) JPMorgan Discusses $600B in Potential New Bitcoin Demand MassMutual’s $100M BTC investment has the potential to open a massive new investment category, according to analysts. For more episodes and free early access before our regular 3 p.m.Eastern time releases, subscribe with Apple Podcasts, Spotify,…

Dec 14, 2020 at 8:00 p.m.UTC
(happyphoton/iStock via Getty Images Plus) JPMorgan Discusses $600B in Potential New Bitcoin Demand
MassMutual’s $100M BTC investment has the potential to open a massive new investment category, according to analysts.
For more episodes and free early access before our regular 3 p.m.Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
This episode is sponsored by Crypto.com and Nexo.io.Today on the Brief: First COVID-19 vaccines roll out in the U.S.Are IPOs the new ICOs? U.S.

Treasury and other federal departments hacked Our main discussion: A massive new category of bitcoin demand?
Last week, when MassMutual announced its $100 million buy, NLW explored whether it would be the beginning of a trend for other insurance companies.A recent note from JPMorgan analysts suggests that even a 1% allocation by that category of company in major markets in the U.S., Europe and Japan could represent $600 billion of new demand.
NLW also discusses recent comments from long-term institutional bitcoin and crypto bulls including Chamath Palihapitiya and Abigail Johnson.
For more episodes and free early access before our regular 3 p.m.

Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.Share this: Venezuelan Economist: Cryptocurrency Is ‘Good’ Money, Bolivars Are Not news The adoption of cryptocurrencies in Venezuela, first due to hyperinflation and later due to dollarization, could come to play a role in the country’s economic rebuilding.At least that’s according to Venezuela’s most outspoken economist on the subject of cryptocurrencies, professor Aaron Olmos, who dissected the reasons for his country’s current dependency on the… Nouriel Roubini Says Facebook’s GlobalCoin Has ‘Nothing to Do With Crypto’ news Noted economist and cryptocurrency skeptic Nouriel Roubini has said Facebook’s soon-to-be unveiled cryptocurrency, reportedly called GlobalCoin, is not really crypto.

In a conversation with CoinDesk, Roubini – also nicknamed “Dr.Doom” for his prediction of the financial crash in 2007 and 2008 – said: “It has nothing to do with blockchain.

Fully private, controlled, centralized, verified and… Ethereum’s ‘Bazaar’ Development Model Will Pay Off in 2020 Dec 27, 2019 at 12:00 UTCUpdated Dec 27, 2019 at 12:30 UTCBen Edington advises on Eth2 across ConsenSys.Ethereum’s ‘Bazaar’ Development Model Will Pay Off in 2020This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world.Ben Edgington advises… Why Crypto Should Care About Justin Sun’s Steem Drama Mar 2, 2020 at 21:00 UTCUpdated Mar 2, 2020 at 21:13 UTCCrowd control.Credit: ShutterstockWhy Crypto Should Care About Justin Sun’s Steem DramaJustin Sun has seized control of the Steem blockchain – with the apparent help of several prominent crypto exchanges.On the Steemit Blog (which is newly owned by Sun), a post announced the new… Square Funds Designer to Make Crypto Wallets Usable by Anyone Nov 1, 2020 at 21:19 UTCUpdated Nov 1, 2020 at 21:23 UTCSquare Crypto, the cryptocurrency arm of the payments company, said in a tweet Friday it has awarded a grant to a designer who’s trying to make bitcoin wallets usable by anyone, regardless of technical proficiency.The work Square Crypto will be funding will seek to… Blockchain Fintech Firm BitBond Joins German Bank Association Bankenverband Jul 21, 2020 at 16:08 UTCBitbond, a Germany-based firm that provides blockchain enabled tokenization services, announced on Tuesday that it had become a member of the German bank association Bankenverband.

In an emailed announcement, the firm said that the bank association has already been working with initiatives like the digital euro, and BitBond would contribute… Bitcoin Price Sees Steep Drop After Rejection Above $12K news The price of bitcoin’s recent rise above $12,000 was stopped short a few hours into its rally, with prices sliding by more than $1,000 over the course of the U.S.trading session that followed.Beginning 10:15 UTC and lasting until 22:15 UTC, BTC witnessed a large pullback, followed by a small bounce near $11,200,… Facebook’s Libra Cryptocurrency: A Technical Deep Dive news Facebook announced Tuesday that its highly anticipated cryptocurrency, Libra, will run on a blockchain network secured at launch by 100 distributed computer servers, or nodes.Twenty-eight node-running members are currently on board.

The Libra blockchain will go live in 2020, with the Libra Association – a Switzerland-based non-profit – tasked with leading the cryptocurrency’s… Fans Can Now Bet Crypto on Twitch’s Top ‘Fortnite’ Streams news Fans of the biggest Fortnite and Apex Legends streamers on Twitch can now place real bets on how well they play.Esports platform Unikrn is debuting a new product that lets fans wager crypto on Twitch and other gaming sites, in a bid to give users more content for gambling.The problem with running an esports… Leave a Reply You must be logged in to post a comment.Search.

Leave a Reply

Next Post

What is Facebook’s Diem and will it ever see the light of day?

What is Facebook’s Diem and will it ever see the light of day? December 14, 2020 08:31 AM GMT Journalist Edita Ivancevic 159 Posts Edita is a young journalist who graduated in 2019 from the Faculty of Political Science in Zagreb, Croatia, specialising in Television and Public Relations.Since the teenage years, Edita gained knowledge of…
What is Facebook’s Diem and will it ever see the light of day?

Subscribe US Now