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Chase bitcoin

Millennials' embrace of Bitcoin could see it "crowd out" gold in the long term, JP Morgan writes. JPMorgan Chase has published a research note on Friday and predicted demand of around $ billion for Bitcoin in the coming years. However, analysts at the financial JP Morgan Chase doubt that the electronic currency can be traded above $ 40, again. On January 7. JPM is the latest of big banks chase bitcoin get more serious about the volatile cryptocurrency space. Such a digital currency is needed for an exchange of money to take place between parties on a blockchain ledger. For its part, BlackRockthe investment company with the most assets under its management in the world, will include Chase bitcoin derivatives in its product offering. JPM Coin uses blockchain technology that will facilitate the transfer of payments between chase bitcoin clients. Next, these coins can be used to facilitate transactions across a blockchain network and with other JPMorgan clients. In the long run, the bank intends to expand this program to include other currencies. JPM is launching a chase bitcoin strategy.

Jonathan Moses

1 comments so far

ch venuPosted on 10:12 pm - Oct 2, 2012

4months ago Had my $14000 with $800 investment in weeks