According to a note. Bitcoin btc or gold. Both younger and older investors are seeing the case for an alternative to fiat money but the generations differ when it comes to what that currency should be.
And gemini trust co have become banking customers of jpmorgan chase citing people familiar with the matter. The wall street journal reported on tuesday that two prominent bitcoin exchanges coinbase inc. Has reportedly started to accept clients from the cryptocurrency industry.
Jpmorgan chase s bitcoin clients jpmorgan chase co. Jp morgan s latest gold warning puts bitcoin at risk of dipping below 10k the price of bitcoin dropped by more than 2 5 percent in the first hours of the london trading session tuesday on profit taking sentiment. Latest posts by bitcoin news editor see all older.
Bitcoin news editor the forextv bitcoin editor automatically searches and aggregates stories related to bitcoin and other crypto currencies. He later said he regretted the comments and has. In september 2017 jpmorgan chief executive officer jamie dimon called bitcoin a fraud and threatened to fire any employee caught trading it.
Older investors go for gold younger ones bitcoin jpmorgan says bloomberg the behavior of retail investors during the pandemic varies significantly across age groups according to jpmorgan chase. Retail investors are split down the middle by generation. Visit business insider s homepage for more stories.
Last week bitcoin hit a year high crossing the 11 000 level as the us dollar weakens.