JPMorgan Bets on Ethereum With Tokenized Money Fund Launch — Is Tom Lee’s $20K Price Prediction More Likely Now?
Is Tom Lee's price prediction backed up by JP Morgan's Ethereum launch? Key Takeaways The amount of Bitcoin needed to retire varies widely by location. The independent researcher provided a bullish outlook for Bitcoin. Market outlook remains divided. JPMorgan Chase’s latest move into blockchain-based finance is adding fresh institutional weight to Ethereum, as it launches its first tokenized money fund. The development comes as Fundstrat’s Tom Lee says Ethereum could be poised for a major price m ...