Bitcoin's meteoric rise is attracting a ton of attention. Is it ready for the mainstream? Coming soon to Bloomberg: a digital hub for cryptocurrency and blockchain news, analysis and insight....
========== - [Narrator] Bitcoin's meteoric riseis attracting a ton of attention,but is it ready for the mainstream?JPMorgan Chase CEO Jamie
Dimon recently called Bitcoina fraud and said that
cryptocurrency pricesare in a bubble that
will eventually burst.Many investors have
stayed on the sidelinesas cryptocurrencies are
seen as too volatileand don't have the safeguards
that most financial assets do.A number of hedge funds,
however, are investingin cryptocurrencies, and
Goldman Sachs is reportedlyexploring how it can help
clients trade digital tokens.Other companies are stepping up effortsto bring cryptocurrency to the mainstream,opening regulated exchanges,
creating futures contractsand attempting to list
exchange traded funds.The recent surge in cryptocurrency p...
