I guess they can't really beat Bitcoin.
Just saw on Reddit where
An old article states dated September 13,2017
"bitcoin is a fraud that will blow up, says JP Morgan Boss"
And now May 12,2020
"JP Morgan Extends Banking services to bitcoin exchanges"
I guess if you can't beat 'em join 'em.
So i guess as my opinion on bitcoin future will be stable and no coin will take over it.
So whats your insight about this news? What will happen in bitcoin ?
If banks will extends a banking service to bitcoin exchange it will be good. More and more people will use bitcoin and it will become more useful in the future. For now there is no other coin that can take over bitcoin but in the future we can't tell if there is another valuable coin exist in crypto market which are able to take over bitcoin.