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JP Morgan Analyst Admits Institutions are Behind the Bitcoin Bull Run

An analyst associated with the US multinational bank JP Morgan Chase has admitted that institutional investors are behind the ongoing bitcoin price boom.Bloomberg quoted Nikolaos Panigirtzoglou saying that the market hugely understated the importance of the listed bitcoin futures contracts, mostly because of the overstating of trading volumes by cryptocurrency exchanges.

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Morgan Creek-Backed DLT Equity Loan Platform Figure Secures $1 Billion Financing Facility

Morgan Creek-backed blockchain equity loan platform Figure has completed a $1 billion “uncommitted” financing facility via blockchain, the firm announced in a press release on May 9.Custodied on Figure’s blockchain platform Provenance.io, the new facility was closed along with major global investment banking firm Jefferies and multi-billion dollar financial

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Morgan Creek’s Mark Yusko Explains His $400,000 Bitcoin Price Prediction

Bitcoin’s gradually developing infrastructure could send its value to $400,000, according to Mark Yusko.The Morgan Creek Capital Founder told BloxLive TV that the world’s largest cryptocurrency was perhaps a decade away from becoming a Digital Gold. He explained that Bitcoin was gaining adoption in similar ways the yellow metal did over

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Enterprise Ethereum Alliance Partners with J.P. Morgan, Microsoft on Token Taxonomy

The Enterprise Ethereum Alliance (EEA), an Ethereum member driven consortium, has announced the launch of a blockchain-neutral Token Taxonomy Initiative which includes, among many high profile partners, the Wall Street financial institution J.P. Morgan Chase. According to the press release published on April 17, the EEA’s Token Taxonomy Initiative intends

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