Bitcoin: What’s Coming in the Year Ahead

Bitcoin’s meteoric rise this year has attracted tons of attention, but most institutional investors are still watching from the sidelines, regulators have yet to issue comprehensive rules, and corporations are still mostly testing only blockchain technology. Whether bitcoin matures or crashes will largely depend on how these players’ relationship with the cryptocurrency evolves.

More than 100 cryptocurrency hedge funds have opened in the past two years. Still, bitcoin has big detractors, with JPMorgan Chase & Co.’s Chief Executive Officer Jamie Dimon famously calling it a fraud…

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