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The Wall Street banks seem not to have been prepared for the big boom in the digital currency of PeteQueen, which is approaching $ 6,000, with analysts making great efforts to keep pace with the high demand for digital currency information.
UBS and Citi issued detailed explanations of Block Qin technology, while remarks by a senior JPMorgan Chase official about the details of the digital currency were less as detailed in the Bank's third quarter results report.
According to Bloomberg, since December last year, the currency of Bitcoin Code Scam has increased significantly, at a value of about $ 1,000, and last week exceeded $ 5,000, despite the existence of large-scale regulatory campaigns to reduce the circulation of Official, to the extent that some comments have come to describe it as a counterfeit currency, and JPMorgan's signal that the formation prices are only a bubble will explode soon.
Customers' e-mail boxes over the course of the week have attracted many messages about information about digital currencies. Marian Lake, the bank's chief financial officer, held a telephone conference following the announcement of JPMorgan's results to express its opinion on the digital currency, after Jimmy Dimon, the bank's chief executive, expressed his opinion.
Michael Corbett, chief executive of Citigroup, said that once he thought of the currency, he felt very difficult to understand what was going on. He stressed that the currency was a speculative investment involving many risks. A senior bank official said they were optimistic about Block Qin's technology.
Analysts say government-backed or central bank-backed digital currencies can reshape the financial system, offering many opportunities, and at the same time, many risks to market traders and legislators.
UBS analysts released a report on Bitcoin technology, which covered all aspects of the technology from its beginnings, and concluded that the crazy rise in digital currency prices in recent months is a bubble, Block Qin "about $ 300 billion annually to the global economic value by 2027.
For its part, the Sanford Bernstein Institute of Financial Intermediation pointed out that the currency itself is something that people believe and be acceptable to all over the world, which does not apply to digital currencies.
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