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CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K

Open Interest surged to $3.22 billion Thursday to levels not seen since February.

Continue ReadingCME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K

JPMorgan: Institutional Investors Dump Gold for Bitcoin Seeing It as Better Inflation Hedge

Global investment bank JPMorgan says institutional investors are returning to bitcoin, seeing the cryptocurrency as a better hedge than gold. The firm’s analysts describe three key drivers boosting the price…

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Ethereum price gets back to $3K as institutional investors pile into ETH futures

Ethereum prices recovered on Sunday amid a market-wide upside correction while receiving an additional upside boost from a bullish JPMorgan & Chase report.

Continue ReadingEthereum price gets back to $3K as institutional investors pile into ETH futures