Top News
SilkChain has been Selected by CoinTiger as the Second IEO Project in 2019
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With the Development of SilkChain in Indonesian Market, More Buyers Want to Join the Silk Ecological Community
SilkChain Helps the Largest Wholesale and Retail Center of the Kingdom of Bahrain to Complete the IT Transformation
The Official Demonstration Project of SilkChain Ecological Community Super Node -Silk Selection Has Been Launched
News & Trends
Digital analytics firm Chainalysis reported that the cryptocurrency market in Africa has grown significantly since last year in addition to the region having a larger share of overall retail transaction volume compared to the global average.
More than 80% of institutional investors polled who have already invested in digital assets expect to increase their exposure.
JPMorgan does not expect a bull run for Bitcoin over the medium term based on the BTC-to-gold volatility ratio.
Likely after 2025 when an event called “Bitcoin halving” occurs.
Institutional-grade crypto asset investment products inflows have already reached record levels so far in 2021.
Recently, while the price of Bitcoin has been climbing, analysts at JPMorgan Chase, a prominent investment bank in the United States, issued another statement of skepticism about Bitcoin, arguing that it’s currently trading at a much higher price than its fair value.
During the second half of 2020, Institutional investors and big money have become increasingly interested in cryptocurrencies, buying up digital currencies like Bitcoin to fend off inflation. Ethereum (ETH), by contrast, is a much more attractive asset that justifies being the "first cryptocurrency" for every investor.
Over the past year, the price of Bitcoin keeps climbing and it recently shot above $18,000, approaching its all-time high in 2017 with a year-to-date rise of 150%. Some financial experts firmly believe that the current price is just a warm-up, and it sets to rise above $100,000 by 2021.