Why JPMorgan Is Estimating An Incoming $600 Billion Institutional Bitcoin Investment
A spokesperson from JPMorgan Chase is estimating that institutional investor interest is at an all-time high and could result in a $600 billion Bitcoin inflow. As Bloomberg reported, Nikolaos Panigi... Read More
Bitcoin12/12/20 04:09 by Nick Chong
Bitcoin Would See Billions of Inflows If All Life Insurance Firms Followed MassMutual
MassMutual shocked the industry yesterday when it purchased Bitcoin to complement its general investment account.
Massachusetts Mutual Life Insurance Company, also known as MassMutual, is a long-stand... Read More
Bitcoin11/12/20 12:45 by Brenda Ngari
Another One: Insurance Giant MassMutual Jumps Into The Institutional Bitcoin Game With A Hulking $100M Investment
Life insurance giant Massachusetts Mutual — better known as MassMutual— is the latest company to invest millions of dollars into the flagship cryptocurrency as part of its broad investment strate... Read More
Bitcoin10/12/20 23:00 by Nick Chong
Bitcoin Bounces Toward $18,400 as MassMutual Unveils $100m BTC Purchase
Bitcoin underwent a strong plunge yesterday evening to $17,700. The cryptocurrency crashed as the stock market faced a correction and as the U.S. dollar showed a bit of strength after a brutal showing... Read More