Bitcoin headed to $100,000 in 2018, says analyst who predicted last year’s price rise

Bitcoin could hit $100,000 in 2018, an analyst who correctly predicted the cryptocurrency's rally at the start of last year told CNBC Kay Van-Petersen, an analyst at Saxo Bank, said in December 2016 that bitcoin would reach $2,000 in 2017, a feat achieved in May Van-Petersen now says bitcoin will be driven by a larger [...]

By | 2022-01-27T10:13:45+00:00 February 21st, 2018|Uncategorized|0 Comments

Goldman Sachs Caves: Bitcoin Is Money

" Call it what you want, those are — or were — the consensus views over at JPMorgan and Goldman Sachs for much of 2017. Jaime Dimon, JPM's CEO, famously said Bitcoin was basically for corrupt money launderers and drug dealers.  Yesterday, Dimon said he regrets calling bitcoin a fraud.  (JPM will try to position itself as [...]

By | 2022-01-27T10:14:17+00:00 February 21st, 2018|Uncategorized|0 Comments

Fidelity allows clients to see digital currencies on its website

NEW YORK (Reuters) - Fidelity Investments has started allowing clients to use its website to view their holdings of bitcoin and other cryptocurrencies held through digital wallet provider Coinbase, the company said on Wednesday. The initiative, previously tested with the Boston-based money manager’s employees, is a rare example of an established financial services company warming [...]

By | 2022-01-27T10:15:00+00:00 February 21st, 2018|Uncategorized|0 Comments