Here’s why JPMorgan banking for crypto exchanges is a big deal for BitcoinBTC $8931 (+3.5%) • ETH $190 (+1.8%) • XRP $0.20 (+2.7%)
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News broke today that banking giant JPMorgan would be extending banking services to two of the world’s most prominent crypto exchanges. This is significant news considering that the bank’s CEO previously called Bitcoin a “fraud.” One billionaire investor is now explaining that this news is significant, as it acts as a validation of the role that Bitcoin and crypto will play in the future, while also marking a step towards crypto being legitimized on a widespread scale.
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The crypto industry was pleased to learn that legendary macro investor Paul Tudor Jones believes that Bitcoin poses an attractive investment prospect. What else?📈 Will fundamental strength stop Chainlink from breaking key macro growth curve? 😡 Users blast Coinbase after yet another outage during pre-halving Bitcoin drop Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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Here’s why JPMorgan banking for crypto exchanges is a big deal for Bitcoin