Bitcoin exchanges, Coinbase Inc. and Gemini Trust Co., have become banking customers of JPMorgan Chase
4) 1) Jamie douchbag diamond changed his f^cking mind about bitcoin!! What a public dirtbag a>>hole.
The JPMorgan research team also recently advised in a report that cryptocurrency should be in a portfolio.
Many customers of Coinbase and Gemini link their bank accounts to their cryptocurrency accounts so a payments processor is required for handling cash transfers to and from those bank accounts.
The services JP Morgan Chase offers do not include handling bitcoin or crypto transactions for the exchanges.
Is Bitcoin a Good Investment: Analyst Predicts High Institutional Demand Post Covid-19
1 investors can’t just put everything in cash.
2. cryptocurrencies are attractive because there is still very little correlation between them and traditional investments.
3. “among such uncorrelated assets, the one most investors have not yet incorporated [into their portfolios] is cryptocurrency, especially BTC,” Oishi opined.
Interest from institutional investors is expected to continue after the coronavirus crisis.