Bitcoin Big Picture | New Analysis | JP Morgan Now Giving Reports On Bitcoin’s Intrinsic Value |
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SEC Postpones Decision on VanEck/SolidX Filing in Latest Bitcoin ETF Setback https://www.coindesk.com/sec-postpones-decision-on-vaneck-solidx-filing-in-latest-bitcoin-etf-setback?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20
Tweet: Jake Chervinsky ETF replace
As expected, the SEC has delayed the VanEck bitcoin ETF proposal. Read the order here: https://t.co/OB3TBgVGwg. VanEck's new deadline is August 19. The SEC can & likely will delay one more time for a final deadline of October 18. Looks like this ended up the right explanation: https://t.co/bkzeVRt1Hg — Jake Chervinsky (@jchervinsky) May 20, 2019
A Surprise from JPMorgan: ‘Bitcoin Has Intrinsic Value’ https://cryptonews.com/news/a-surprise-from-jpmorgan-bitcoin-has-intrinsic-value-3896.htm
Tweet: JPMorgan evaluation of Bitcoin:
JPMorgan analysis of Bitcoin: 2017: “I’d fire trader ‘in a second’ for trading Bitcoin” (Jamie Dimon) 2018: Bitcoin has no intrinsic value 2019 (present): Bitcoin’s intrinsic value is $4k At this rate… 2020: Bitcoin’s intrinsic value is $100k 2021: It could be much higher pic.twitter.com/uSa0T2ilET — James Todaro (@JamesTodaroMD) May 21, 2019
Tweet: The Rhythm Trader https://twitter.com/Rhythmtrader/status/1130565985247911943
Tweet: Misir Mahmudov
Since top of the previous bull market: – Bitcoin’s hash rate grew by 240% – LN grew from 0 to 1000 BTC – Bitcoin’s dominance grew from 34% to 57% – Cash App started selling BTC – Fidelity bitcoin custody & trading – Multisig (Unchained, Casa) Next bull run will be even wilder. — Misir Mahmudov (@misir_mahmudov) May 20, 2019
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