Global investment bank JPMorgan has predicted that the bitcoin price slump will likely be over when the cryptocurrency’s dominance rises back above 50%. “I think that’s another indicator to watch
Category: Bitcoin Market
Goldman Sachs Says FOMO Is Driving Institutional Investors to BitcoinGoldman Sachs Says FOMO Is Driving Institutional Investors to Bitcoin
Investment bank Goldman Sachs says institutional investors and asset managers are driven to bitcoin by “fear of missing out” (FOMO). Goldman now considers bitcoin a new asset class. Nonetheless, institutional
SEC to Scrutinize Funds Invested in Bitcoin FuturesSEC to Scrutinize Funds Invested in Bitcoin Futures
The U.S. securities watchdog has announced it will scrutinize mutual funds that include investments in bitcoin futures markets to verify funds that comply with the Investment Company Act. The institution