Good News For Bitcoin In Autumn

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Last Week In Bitcoin is a series discussing the events of the previous week that occurred in the Bitcoin industry, covering all the important news and analysis.

Summary of the Week

This week was filled with bullish news. As the market appears to prepare for an end of year run, the good word keeps coming. From El Salvador’s volcano bitcoin mining operations going live to a Missouri Mayor planning to give households $1,000 in bitcoin each, the week was something to behold.

Fall’s Fantastic News

Monday was a busy day in the bitcoin sphere, starting with notorious bitcoin critic and JPMorgan CEO Jamie Dimon saying that bitcoin could go up 10x, but that he doesn’t care. On the same day, their competitor Morgan Stanley revealed they had more than doubled their investment in the Grayscale Bitcoin Trust to 58,000 shares during the last quarter.





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