Texas recently became the first state to make a major investment in cryptocurrency with the purchase of about $5 million worth of bitcoin. The state comptroller’s office, which manages financial transactions and long-term investments, confirmed the transaction to The Dallas Morning News. The purchase followed bipartisan legislation that passed this year creating a state cryptocurrency...

JPMorgan reiterated that its bitcoin-to-gold model still points to a theoretical price of about $170,000 in the next 6–12 months. 

JPMorgan reiterated that its bitcoin-to-gold model still points to a theoretical price of about $170,000 in the next 6–12 months.