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JPMorgan Says The Real Threat To Bitcoin Isn't Strategy (MSTR), It's Private Blockchains Authored by Micah Zimmerman via BitcoinMagazine.com, Strategy’s recent bitcoin sales and its formal monetization program have rattled investors, but JPMorgan analysts see a bigger danger to bitcoin: blockchain adoption that routes around public networks and the tokens that ride on them. In a report led by managing director Nikolaos Panigirtzoglou (ZH: available here for professional subscribers), the bank argued that Strategy is not the main structural threat to the asset.  The company sold 3,588 bitcoin for $216 million in early July to cover...

Trump: May Have To Give Iran Another "Big Hit" - It Has "Two Or Three" Days To Come To Table Update(1140ET): President Trump has on Tuesday while fielding questions from reporters repeated his line that Iran is 'begging' for a deal. "They're begging to make a deal. I hope we don't have to do the war, but we may have to give them another big hit. We may have to give them another big hit. You'll know very soon." His threat to give them another "big hit" was coupled with the assertion...