Bitcoin Options Turn Bearish, Gold Will 'Suffer' Amid BTC Demand: JPMorgan

Bitcoin retreating Wednesday as the options market flips bearish, JPMorgan predicts bitcoin’s popularity will dampen gold demand, MicroStrategy is boosting its funds raise to $550 million to purchase more bitcoin, one of the world’s oldest banks will issue a euro stablecoin on Stellar, and Coinbase UK discloses a profit drop in 2019.