With more traders betting on bitcoin than tech stocks and ether briefly reaching an all-time high, CoinDesk’s Market’s Daily is back with the latest news roundup.
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This episode is sponsored by Nexo.io.
Today’s stories:
Bitcoin Becomes Most-Crowded Trade After Passing ‘Long Tech’: Bank of America Survey
Bank of America’s January survey of fund managers indicated bitcoin is now seeing the most capital inflow.
Bitcoin’s Price Must Pass $40K to Halt Exodus of Traders: JPMorgan Analysts
A bearish outlook may be triggered if bitcoin doesn’t claw its way back over $40,000, the analysts said.
Ethereum’s Ether Cryptocurrency Sets New Price Record on Major Exchanges
Ether (ETH) has broken its previous all-time high set on top exchanges in January 2018 with a rise to $1,439.
UK’s NHS Taps Blockchain Tech to Monitor Coronavirus Vaccine Cold Chain
Hedera Hashgraph’s blockchain platform will provide the health service with a tamper-proof record of vaccine temperatures, the firm said.
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