Square’s recently announced $50 million investment in bitcoin (BTC) is a “strong vote of confidence for the future of bitcoin” and a signal the payments company sees “a lot of potential” for the cryptocurrency as an asset, JPMorgan analysts said in a report dated Tuesday.
Related posts
-
Bitcoin Surges Past $71,000, But TD Sequential Says ‘Sell’
The Tom Demark (TD) Sequential has given a sell signal for Bitcoin after the asset broke... -
Bitcoin Will Explode If Bulls Break The “Fuse” At $72,000
Bitcoin’s price has risen roughly 2% in the past 24 hours, trending above $70,000, a psychological... -
JasmyCoin Price Prediction | Is JASMY a Good Investment?
JasmyCoin has pumped on rumors that the cryptocurrency has partnered with smartphone giant Apple, creating a...