JPMorgan Contemplates Providing Bitcoin Futures Trading

The plot continues to thicken when it comes to JPMorgan Chase and Bitcoin. After its CEO denounced Bitcoin as a fraud, customers started buying Bitcoin in large quantities. It now appears the financial institution will actually offer Bitcoin futures trading in the very near future. That in itself is intriguing, …
Google Alert – bitcoin

Markets Update: Bitcoin Bull-Run Primes Altcoin Markets for New USD Highs

With bitcoin currently consolidating above $ 8000 USD after establishing an all-time high of nearly $ 8400 USD, some liquidity has shifted towards the altcoin markets. This has resulted in several major altcoins setting record dollar-value highs despite holding relatively modest prices when paired with …
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Here's Why Bitcoin Costs 15 Times More to Store with a Custodian Than Gold

Bitcoin is much more expensive than gold to store with a third-party custodial service, but there's a good reason for that discrepancy. On Monday, the Motley Fool published an article analyzing how the cost of storing physical gold bars compares to storing bitcoin — the new “digital gold” with a third-party …
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Gold Fund Manager: Bitcoin 'Designed To Be Digital Gold'

Bitcoin was explicitly designed to be digital gold,” he told Bloomberg on November 16. “So if you're going to have a small proportion of a fund in bitcoin, it should be in a gold fund, because that's exactly the point. It's about bringing the ownership of disciplined money into the modern world. Bitcoin is …
Google Alert – bitcoin