BTC/USD on the rise - getting some favourable commentary about the place

JP Morgan reckons the crackdown in China is a positive, not a negative:

  • crackdown on mining operations in China should be considered as positive for bitcoin over the medium term
  • it accelerates a shift away from China's high share in bitcoin's hash rate, reducing concentration

more to come

BTC/USD on the rise -  getting some favourable commentary about the place