The post JPMorgan Says Bitcoin Outlook Hinges on Strategy Funding and CLARITY Act Progress appeared first on Coinpedia Fintech News
JPMorgan has turned more cautious on digital assets, citing concerns over how Strategy plans to fund roughly $1.7 billion in annual preferred stock dividend obligations. The bank noted that Strategy’s recent sale of 32 BTC was relatively small, but said investors may question whether additional Bitcoin sales could be used to support future dividend payments. …
While the rest of the crypto market has shown more signs of an intensifying bear market, Zcash (ZEC) is making major waves. Over the last 30 days, the privacy-focused coin has surged by around 60%, […]
Join Our Telegram channel to stay up to date on breaking news coverage US President Donald Trump is expected to announce on Friday his intention to nominate Bitcoin-friendly Kevin Warsh as the next Federal Reserve […]
Bitcoin’s valuation against gold has dropped to one of its lowest levels on record — a signal that, historically, has shown up near major market bottoms. Related Reading A Pattern Worth Watching That’s one of […]
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