JPMorgan says Bitcoin slightly overvalued as a commodity
Referring to Bitcoin as a commodity seems to show a maturing view of the asset. Go to Source Powered by WPeMatico
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5 Major Banks Exposed for Moving Trillions for Mobsters, Onecoin, and Drug Cartels
According to the International Consortium of Investigative Journalists (ICIJ), five major global banks have been exposed funneling trillions of dollars in criminal funds in the recently leaked FinCEN Files. The massive leak is 2,100 documents spanning from 2000 to 2017 which shows fraudulent funds flowed almost effortlessly through JPMorgan, HSBC, Standard Chartered Bank, Deutsche Bank, … Read more
Quorum’s creator says the project was going nowhere, JPMorgan wanted rid of it
He also said that nothing built on Ethereum is capable of scaling. Go to Source Powered by WPeMatico
Pomp: Goldman Sachs’ Interest In Blockchain Shows Innovation Out of Necessity
Anthony Pompliano states innovation inevitability in light of recent blockchain comments from new Goldman Sachs brass, Mathew McDermott. Go to Source Powered by WPeMatico
JPMorgan’s Blockchain Offshoot Kadena Gets First Ever Token Listing
Kadena preps its first ever listing on Bittrex Global, with initial trading pairs including Bitcoin and Tether. Go to Source Powered by WPeMatico
JPMorgan: Bitcoin’s Market Structure More Resilient Than Currencies, Equities, Treasuries and Gold
JPMorgan’s strategists have reportedly found bitcoin’s market structure to be more resilient than those of currencies, equities, Treasuries, and gold. In a new report on bitcoin’s stress test, JPMorgan wrote that cryptocurrencies have “longevity as an asset class.” In a new report entitled “Cryptocurrency takes its first stress test: Digital gold, pyrite, or something in … Read more
$1M Bitcoin Will Force JPMorgan to Wyoming for Safety — Caitlin Long
Major legal threats in the case of a big leap in Bitcoin price will see banks scrambling for support, the advocate forecasts. Go to Source Powered by WPeMatico
JPMorgan Chase Settles Crypto Credit Card Lawsuit for $2.5M
JPMorgan Chase recently came to terms on a lawsuit from 2018 involving added fees for crypto purchases using credit cards. Go to Source Powered by WPeMatico
JPMorgan’s Quorum: A Cross-Sector Blockchain Solution for Privacy Needs
JPMorgan’s Quorum provides the infrastructure for many new financial projects thanks to unique features and a partnership with Microsoft Azure. Go to Source Powered by WPeMatico
JP Morgan: CBDC Threatens Hegemony of US Dollar
JPMorgan warns that control over trade finance and cross-border payment mechanisms is slipping from the U.S. amid the growth of digital currencies Go to Source Powered by WPeMatico