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Investorideas com - Cryptocurrency Stocks in the News as Bitcoin Rises (OTCQB: $INTV) (NASDAQ: $MARA) (NASDAQ: $RIOT) (OTCQX: $GBTC)

Investorideas com - Cryptocurrency Stocks in the News as Bitcoin Rises (OTCQB: $INTV) (NASDAQ: $MARA) (NASDAQ: $RIOT) (OTCQX: $GBTC)
investorideas.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investorideas.com Daily Mail and Mail on Sunday newspapers.

The upsurge in Bitcoin adoption by institutions to keep demand high for years – JPMorgan

Dec 14, 2020 07:17 GMTCrypto News Institutions are likely to continue buying Bitcoin in the coming years, as adoption becomes mainstream. Bitcoin is holding above $19,000 after another rejection from $19,500. Institutions worldwide have been increasing their uptake of Bitcoin, suggesting that adoption is currently on the express lane. According to JPMorgan Chase & Co, this demand could keep rising in the coming years. Massachusetts Mutual Life Insurance Company purchases $100 million of BTC. JP Morgan narrowed down on Bitcoin’s growing demand after the Massachusetts Mutual Life Insurance Co. bought Bitcoin worth $100 million. The institutions buying Bitcoin have expanded from family offices and high net worth individuals to insurance firms and pension funds. According to Strategists at JPMorgan:

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