JPMorgan: Bitcoin is ‘overbought’ but will suck money out of gold
Institutions need to keep buying to avoid a price drop, JPMorgan analysts say, but the outlook is rosy and will come at the expense of gold. Go to Source Powered by WPeMatico
JPMorgan
Auto Added by WPeMatico
Former JPMorgan exec joins Ripple’s board
CEO Brad Garlinghouse said O’Connor’s experience would help Ripple build “a more inclusive financial system.” Go to Source Powered by WPeMatico
Goldman Sachs to utilize JPM Coin for repo trades
JPMorgan is using blockchain to drive efficiency in the repo market; Goldman and others are taking notice. Go to Source Powered by WPeMatico
Bitcoin will eat gold’s market share, according to JPMorgan
The investment bank says gold could languish for years as Bitcoin’s popularity grows. Go to Source Powered by WPeMatico
JPMorgan exec: Softer stance on Bitcoin but we’ve always been pro-blockchain
Banking executive says JPMorgan has been active in blockchain for a while. Go to Source Powered by WPeMatico
Beyond BitMEX: CFTC set a new record for lawsuits in crypto this year
Alongside other actions, the CFTC was pleased with its seven enforcement actions in the crypto market. Go to Source Powered by WPeMatico
Bitcoin at $15K is now bigger than PayPal, Coca-Cola, Netflix, Disney
Bitcoin surged from $190 billion to around $280 billion in recent months, surpassing some big-name companies, including banks, by market capitalization. Go to Source Powered by WPeMatico
JPM Coin debut marks start of blockchain’s value-driven adoption cycle
Despite its centralized design, JPM Coin’s real life utilization represents a step toward the mainstream adoption of blockchain technology. Go to Source Powered by WPeMatico
JPMorgan’s stablecoin finally sees commercial light of day
JPMorgan Chase now recognizes blockchain’s profitability and has created a new business dedicated to digital currency and blockchain work. Go to Source Powered by WPeMatico
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