Auto Added by WPeMatico
The Switzerland-based bank Sygnum revealed on Tuesday that the firm now allows Ethereum 2.0 staking. The FINMA-approved company’s customers can access the Ethereum-based staking services via Sygnum’s banking platform. Sygnum’s Banking Platform Offers Ethereum 2.0 Staking Last November, Sygnum Bank AG revealed that it is partnered with the company Taurus Group, a firm that also […]Powered by WPeMatico
Global investment bank JPMorgan has predicted that the bitcoin price slump will likely be over when the cryptocurrency’s dominance rises back above 50%. “I think that’s another indicator to watch here in terms of whether this bear phase is over or not,” the firm’s analyst explained. JPMorgan’s Bitcoin Market Prediction JPMorgan analyst Nikolaos Panigirtzoglou has […]Powered by WPeMatico
JPMorgan Chase has released an investor note stating that the cryptocurrency market appears “to be beginning the process of healing.” In the short term, however, the JPMorgan analysts expect further sell-offs before capitulation. JPMorgan’s Crypto Market Outlook JPMorgan Chase’s analysts, including Josh Younger and Veronica Mejia Bustamante, wrote about the outlook of the cryptocurrency market […]Powered by WPeMatico
Bitcoin and the crypto market are at the beginning of a healing process, JPMorgan analysts say in a note.
Powered by WPeMatico
JPMorgan does not expect a bull run for Bitcoin over the medium term based on the BTC-to-gold volatility ratio.
Powered by WPeMatico
Investment bank JPMorgan conducted a survey of thousands of investors from 1,500 institutions and found that 49% of them think that cryptocurrency is either “rat poison squared,” the term used by Berkshire Hathaway CEO Warren Buffett to describe bitcoin, or “a temporary fad.” 49% of Investors Told JPMorgan Cryptocurrency Is a Fad or ‘Rat Poison […]Powered by WPeMatico
Goldman Sachs reportedly traded digitized treasury bonds for JPM Coin on JPMorgan Chase’s Onyx blockchain platform.
Powered by WPeMatico
JPMorgan struggles to “see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.” Commenting on El Salvador’s bitcoinization, JPMorgan did not rule out that the country’s move to make the cryptocurrency legal tender may be “the beginning of a broader trend among similarly situated, smaller nations.” JPMorgan’s Opinion on […]Powered by WPeMatico
JP Morgan says that El Salvador’s decision to adopt Bitcoin as legal tender is of little economic benefit.
Powered by WPeMatico
Bitcoin futures curve was in backwardation for most of 2018, a year when BTC lost 74% of its value, JPMorgan noted.
Powered by WPeMatico