Bitcoin News Roundup for Nov. 9, 2020

With little technical resistance standing between BTC and new all-time highs, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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With little technical resistance standing between BTC and new all-time highs, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

This episode is sponsored by Crypto.com and Nexo.io.

Today's stories:

Bitcoin has closed above last year's high, toppling a final technical barrier on the road to a potential new all-time high.

Following bitcoin purchases by MicroStrategy and Square, Miller said every major investment bank and high-net-worth firm will eventually have exposure to bitcoin or commodities like gold.

In a research report by JPMorgan’s global markets team, analysts noted that Grayscale Bitcoin Trust’s flow trajectory outperformed gold ETFs.

In October, the lender published a cryptic letter saying it has experienced “irregularities” in the handling of “specific” corporate funds by a “perpetrator of fraudulent activity.”

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