After bashing Bitcoin back in 2017, JPMorgan CEO Jamie Dimon seems to have softened his stance on crypto, and so has the firm itself.
Powered by WPeMatico
Category: JPMorgan
Auto Added by WPeMatico
Bitcoin vs Ethereum: Investment Bank JPMorgan Explains Why ETH Is Outperforming BTC
Investment bank JPMorgan has published a report explaining why ether is outperforming bitcoin. Citing several key reasons, the firm concluded that “there is evidence of more resilient liquidity, less reliance on derivatives markets to transfer and warehouse risk, and more durable underlying demand base – for now at least.” JPMorgan Says Ether Outperforms Bitcoin JPMorgan […]Powered by WPeMatico
JPMorgan and DBS to launch blockchain cross-border payment platform
JPMorgan and DBS’ new blockchain interbank platform is designed to complement central bank digital currency projects.
Powered by WPeMatico
New Bitcoin price concerns from JPMorgan at odds with ‘immense support’ at $52K
On-chain indicators are simply too bullish to permit a deeper price plunge, analysts argue, with Bitcoin set to remain a trillion-dollar asset.
Powered by WPeMatico
Bank of America Survey: 74% of Fund Managers See Bitcoin as a Bubble
The most recent Bank of America Fund Manager Survey shows that about three out of four professional investors think that bitcoin is a bubble. The fund managers also rated bitcoin second on the list of the most crowded trades. Recently, investment bank JPMorgan also warned that cryptocurrency as a sector is in a bubble. Bank […]Powered by WPeMatico
Visa, JPMorgan and ING discuss Bitcoin, Ether and stablecoin development
Forbes’ “2021 Blockchain 50 Symposium: Crypto Goes Corporate” event sheds light on Bitcoin’s role as an investment tool, along with the future of stablecoins.
Powered by WPeMatico
JPMorgan, Mastercard lead $65M ConsenSys raise
ConsenSys is using the funds to expand its enterprise blockchain solutions centered around DeFi and Web 3.0.
Powered by WPeMatico
JPMorgan Boss Says ‘Emerging Issues’ Like Cryptocurrencies ‘Need to Be Dealt With Quickly’
JPMorgan’s boss Jamie Dimon has a bone to pick with cryptocurrencies, shadow banking, and the financial technology (fintech) economy. In a letter to JPMorgan shareholders, Dimon explained that banks are “playing an increasingly smaller role in the financial system” and there’s a list of items like digital currencies he’s named that needs to be “dealt […]Powered by WPeMatico
JP Morgan: Bitcoin’s Decreasing Volatility Makes It More Appealing to Institutions, Revises BTC Price Prediction to $130K
JP Morgan says that bitcoin’s volatility has decreased in recent weeks, making the cryptocurrency more appealing to institutional investors. The investment bank has also revised its bitcoin price target to $130,000. Increased Institutional Adoption, New Price Prediction for Bitcoin JPMorgan said last week that bitcoin’s price volatility has been declining in recent weeks, noting that […]Powered by WPeMatico
Ark Invest and JPMorgan expect Bitcoin to hit $130K-$470K
Top funds in the U.S. expect Bitcoin to hit anywhere between $130K to half a million in the long term.
Powered by WPeMatico