JP Morgan Chase intends to fund the top-tier super league with an initial €3.5 million investment.
Data obtained from Glassnode reveals the number of wallets Holding 1000 Bitcoins just reached a 1-month low of 2,266
For many retail cryptocurrency traders, Bitcoin was the bread-and-butter trade of the pandemic.
Bitcoin comfortably outmatched the world's most valuable bank, JP Morgan Chase with a market value of $630 billion.
JP Morgan Chase analyst anticipates that prevailing fundamentals could turn global investors away from gold and increase their inflows to Bitcoin.
The Dow jumped 11.8% in November, posting its best one-month gain since January 1987. The S&P 500 and Nasdaq Composite surged by 10.8% and 11.8%, respectively
The bullish run is largely attributed to Moderna reports on positive results from its latest COVID-19 vaccine trial,
Mastercard was up 11% trading at $350.50, JP Morgan chase was up more than 10% trading at $113.63.
Bitcoin wallets holding 0.1 is now over 3 million.
The number of wallets holding 0.1 BTC or greater has been increasing since the plunge of 2017 bull run.